NOT LISTED FOR SALE

612 E 9th Ave Tarentum, PA 15084

Estimated Value: $108,000 - $169,000

5 Beds
3 Baths
3,398 Sq Ft
$41/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $118,135 $35 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $979/month

267 Days on Market

About This Home

As of April 2023

Fully rented Triplex with long term tenants. Great investment. Attached block Garage. Two each 2 bedroom apartments and One each 1 bedroom apartment with balcony. Large Attached garage is not currently rented, but could be rented for additional income. On-site Laundry room with 2 sets of washer and dryer. Full unfinished basement for storage. Nice return on investment. All appliances included in the sale.

Last Agent to Sell the Property

Lailla Moran

COLDWELL BANKER REALTY License #RS285036 Listed on: 08/04/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

Rachelle Rankin

RE/MAX SELECT REALTY

RE/MAX SELECT REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 2,439

Parking

  • 2 Car Attached Garage

Home Design

  • Triplex
  • Brick Exterior Construction

Additional Features

  • Basement Fills Entire Space Under The House
  • 2,439 Sq Ft Lot

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $2,260
  • Gross Income $22,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Municipality: Tarentum
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Lot Size Acres: 0.056
  • Lot Size: 30x82 m/l
  • Directions: NE on 7th Ave L on Ross St then R on 9th Ave
  • Garage Yn: Yes
  • Year Built: 1925
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement YN: Yes

Exterior Features

  • Roof: Other
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 2.0

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Annual Utilities Expense: 5538.0

Schools

  • Junior High Dist: Highlands

Lot Info

  • Zoning: R2
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Gross Income: 22500.0
  • Insurance Expense: 2260.0

Tax Info

  • Tax Annual Amount: 3046.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
May 3, 2023
Sold by
Petrilla Brett W
Bought by
Viable Asset Kicking Equity Prtshp L L C
Seller's Agent
Lailla Moran
COLDWELL BANKER REALTY
Buyer's Agent
Rachelle Rankin
RE/MAX SELECT REALTY
List Price
$135,000
Sold Price
$118,135
Premium/Discount to List
-$16,865
-12.49%
Views
143
Current Estimated Value
$138,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,136
Avg. Annual Appreciation
5.98%
Original Mortgage
$94,508
Outstanding Balance
$91,894
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$46,377

Purchase Details

Listed on
Aug 4, 2022
Closed on
Apr 28, 2023
Sold by
Petrilla Properties Llc
Bought by
Viable Asset Kicking Equity Partnershipllc
Seller's Agent
Lailla Moran
COLDWELL BANKER REALTY
Buyer's Agent
Rachelle Rankin
RE/MAX SELECT REALTY
List Price
$135,000
Sold Price
$118,135
Premium/Discount to List
-$16,865
-12.49%
Views
143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,508
Outstanding Balance
$91,894
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$46,377

Purchase Details

Listed on
Jul 6, 2017
Closed on
Sep 15, 2017
Sold by
Portante Thomas A and Fear Robert J
Bought by
Petrilla Properties Llc A Pennsylvania L
Seller's Agent
Robert Crosby
WPML Inactive User File
Buyer's Agent
Lailla Moran
COLDWELL BANKER REALTY
List Price
$89,900
Sold Price
$89,000
Premium/Discount to List
-$900
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.17%
Original Mortgage
$66,750
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2011
Sold by
Mclaughlin Leland
Bought by
Portante Thomas A and Fear Robert J

Purchase Details

Closed on
Oct 16, 2009
Sold by
Clevenger Jo Ann and Clevenger Robert J
Bought by
Mclaughlin Leslie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Viable Asset Kicking Equity Prtshp L L C $118,135 --
Viable Asset Kicking Equity Partnershipllc $118,135 --
Viable Asset Kicking Equity Partnershipllc $118,135 --
Petrilla Properties Llc A Pennsylvania L $89,000 Barristers Land Abstract Co
Portante Thomas A $73,000 --
Mclaughlin Leslie $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Viable Asset Kicking Equity Partnershipllc $94,508
Previous Owner Petrilla Properties Llc A Pennsylvania L $66,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2023 04/28/23 Sold $118,135 -10.8% $35 / Sq Ft
09/28/2022 09/28/22 Price Changed $132,500 -1.9% $39 / Sq Ft
08/04/2022 08/04/22 For Sale $135,000 +51.7% $40 / Sq Ft
09/15/2017 09/15/17 Sold $89,000 -1.0% $26 / Sq Ft View Prior Sale
07/06/2017 07/06/17 Pending -- -- --
07/06/2017 07/06/17 For Sale $89,900 -- $26 / Sq Ft
Source: West Penn Multi-List

Tax History Compared to Growth

Source: Public Records

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 $3,068 $86,800 $13,400 $73,400
2024 $3,068 $86,800 $13,400 $73,400
2023 $3,068 $86,800 $13,400 $73,400
2022 $3,046 $86,800 $13,400 $73,400
2021 $411 $86,800 $13,400 $73,400
2020 $3,046 $86,800 $13,400 $73,400
2019 $3,024 $86,800 $13,400 $73,400
2017 $2,952 $86,800 $13,400 $73,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Penn Multi-List

MLS Number: 1569445

West Penn Multi-List

APN: 1223-H-00243-0000-00