Seller's Agent in 2023
Ryan Shedlock
HOWARD HANNA REAL ESTATE SERVICES
(412) 478-4150
8 in this area
971 Total Sales
551 E 9th Ave Homestead, PA 15120
Estimated Value: $360,000 - $387,000
10
Beds
2
Baths
2,640
Sq Ft
$140/Sq Ft
Est. Value
Highlights
- Public Transportation
- 5 Car Garage
- 1-minute walk to John F. Kennedy Park
About This Home
As of July 2023Must See- Solid brick 6 unit building with 5 car detached garage conveniently located in the heart of Munhall. Perfect for an investor looking for a great cash flow w value add opportunity. Immediately place 3 tenants and achieve prime market rents. 2/6 units are currently occupied, 3 units are updated and rent ready, and 1 unit will need renovations to place a tenant. All units have Kitchen, Living Room, Bedroom, Full Bath. Units 3/4/5/6 have a spare room. Units 1/2 have rear porches. Unit 2 has its own front porch. Owner currently pays gas for heat, water and sewer. Electric is split. 7 electric meters and panels (fuses). 6 spots for gas meters, only 4 installed. 1 boiler and 1 H2O tank and 1 Water Meter for the building. Boiler Room, Laundry Room, and Storage in Basements. New garage roof and new sewer lateral repair. On street parking w 5 car detached garage in rear- 3/5 currently rented. Well kept in the family for 35 years! This is a rare find, ideal for any investment portfolio!
Last Agent to Sell the Property
HOWARD HANNA REAL ESTATE SERVICES Listed on: 03/22/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,180
Year Built
- Built in 1920
Lot Details
- 5,502 Sq Ft Lot
- Lot Dimensions are 48x109
Parking
- 5 Car Garage
Additional Features
- Unfinished Basement
Community Details
- 6 Units
- Public Transportation
- Insurance Expense $4,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 22, 2023
Closed on
Jul 14, 2023
Sold by
Maresch Elizabeth W and Maresch Howard J
Bought by
Derya L L C
Seller's Agent
Ryan Shedlock
HOWARD HANNA REAL ESTATE SERVICES
Buyer's Agent
Jabel Warren
LIFESPACE REAL ESTATE
List Price
$399,900
Sold Price
$375,000
Premium/Discount to List
-$24,900
-6.23%
Views
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,232
Avg. Annual Appreciation
-0.52%
Original Mortgage
$430,800
Outstanding Balance
$420,762
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
-$49,994
Purchase Details
Listed on
Mar 22, 2023
Closed on
May 26, 2023
Sold by
Maresch Howard J and Maresch Elizabeth W
Bought by
Derya Llc
Seller's Agent
Ryan Shedlock
HOWARD HANNA REAL ESTATE SERVICES
Buyer's Agent
Jabel Warren
LIFESPACE REAL ESTATE
List Price
$399,900
Sold Price
$375,000
Premium/Discount to List
-$24,900
-6.23%
Views
20
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,800
Outstanding Balance
$420,762
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
-$49,994
Purchase Details
Closed on
Apr 29, 1988
Bought by
Maresch Howard J and Maresch Elizabeth W
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Derya L L C | $375,000 | -- | |
| Derya Llc | $375,000 | -- | |
| Maresch Howard J | $69,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Derya L L C | $430,800 | |
| Previous Owner | Derya Llc | $430,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2023 07/12/23 | Sold | $375,000 | -6.2% | $142 / Sq Ft |
| 04/03/2023 04/03/23 | Pending | -- | -- | -- |
| 03/22/2023 03/22/23 | For Sale | $399,900 | -- | $151 / Sq Ft |
Source: West Penn Multi-List
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,862 | $204,400 | $40,900 | $163,500 |
| 2024 | $6,862 | $148,600 | $14,100 | $134,500 |
| 2023 | $6,604 | $148,600 | $14,100 | $134,500 |
| 2022 | $6,180 | $148,600 | $14,100 | $134,500 |
| 2021 | $6,027 | $148,600 | $14,100 | $134,500 |
| 2020 | $5,899 | $148,600 | $14,100 | $134,500 |
| 2019 | $5,791 | $148,600 | $14,100 | $134,500 |
| 2018 | $703 | $148,600 | $14,100 | $134,500 |
| 2017 | $5,571 | $148,600 | $14,100 | $134,500 |
| 2016 | $703 | $148,600 | $14,100 | $134,500 |
| 2015 | $703 | $148,600 | $14,100 | $134,500 |
| 2014 | $5,467 | $148,600 | $14,100 | $134,500 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Shedlock
-
Jabel Warren
Buyer's Agent in 2023
Jabel Warren
LIFESPACE REAL ESTATE
(814) 494-6525
10 in this area
102 Total Sales
Map
Source: West Penn Multi-List
MLS Number: 1597383
APN: 0130-L-00275-0000-00
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