NOT LISTED FOR SALE

63 N 2nd St Newport, PA 17074

Estimated Value: $164,906 - $188,000

-- Bed
-- Bath
2,400 Sq Ft
$73/Sq Ft Est. Value

Last Sold August 12, 2014

Last sale price $108,000 $45 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,193/month

310 Days on Market

Highlights

  • No HOA
  • Detached Carport Space
  • 2-minute walk to Newport Veterans Memorial Park
  • Porch
  • Hot Water Heating System

About This Home

As of August 2014

Perfect for the Investor or live in one, rent the other, both units fully occupied and leases just renewed, the current owner offers incentives to pay in advance or on time, there are 2 boilers and the tenants pay their own heat electric & trash. These units are very easy to rent. Ownership is knocking at the door for someone who pays rent the other unit helps pay most of the mtg that would be required to buy. Call to see how

Last Agent to Sell the Property

ELAINE BERRINGER

Green Acres Realty Company. License #GHAR:63040 Listed on: 08/07/2013

Last Buyer's Agent

ERIK RYBERG

Green Acres Realty Company.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 1940

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 28 x 140

Home Design

  • 2,400 Sq Ft Home
  • Brick Exterior Construction
  • Metal Roof

Kitchen

  • Gas Oven or Range
  • Stove

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • Detached Carport Space
  • Off-Street Parking

Additional Features

  • Porch
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for electricity, heat, trash removal, hot water
  • The owner pays for insurance, real estate taxes
  • Assessor Parcel Number 19004604082000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Insurance Expense $850
  • Operating Expense $2,264
  • Net Operating Income $9,186

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,000

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator, Oven - Single, Stove
  • Fireplace: No
  • Laundry Type: Dryer In Unit, Washer In Unit, Hookup
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 2400
  • Price Per Sq Ft: 47.08
  • Above Grade Finished Sq Ft: 2400
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Amenities: Fenced Storage/Yard
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Detached Carport

Utilities

  • Central Air Conditioning: No
  • Heating Type: Hot Water, Oil
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 2264.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: NEWPORT
  • School District Key: 300200396209

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 28 x 140
  • Outdoor Living Structures: Porch(es)
  • Zoning Description: Residential

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: Insurance, Taxes - Real Estate
  • Tenant Pays: Electricity, Heat, Trash Removal, Hot Water
  • Vacation Rental: No

Multi Family

  • Gross Income: 12300.00
  • Metering: Fully Separate
  • Operating Expense: 2264.00
  • Other Units: Unit 1,Unit 2
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Assessor Parcel Number: 10960926
  • Tax Annual Amount: 2000.00
  • Assessor Parcel Number: 19004604082000
  • Tax Year: 2013
  • Close Date: 08/12/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2021
Sold by
Eshenour Timothy J and Eshenour Lauren
Bought by
Turns Aaron J and Turns Naomi J
Current Estimated Value
$172,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,255,400
Outstanding Balance
$12,202,167
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
-$12,040,687

Purchase Details

Listed on
Aug 7, 2013
Closed on
Aug 12, 2014
Sold by
Kolak Cortney J and Kolak Brian R
Bought by
Eshenour Timothy J
Seller's Agent
ELAINE BERRINGER
Green Acres Realty Company.
Buyer's Agent
ERIK RYBERG
Green Acres Realty Company.
List Price
$116,500
Sold Price
$108,000
Premium/Discount to List
-$8,500
-7.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%
Original Mortgage
$88,400
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 8, 2011
Sold by
Campbell Cortney J and Kolak Cortney J
Bought by
Kolak Cortney J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,800
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2007
Sold by
Security Capital Corp
Bought by
Campbell Cortney J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Turns Aaron J $135,000 None Available
Eshenour Timothy J $108,000 None Available
Kolak Cortney J -- None Available
Campbell Cortney J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turns Aaron J $13,255,400
Previous Owner Eshenour Timothy J $88,400
Previous Owner Kolak Cortney J $92,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2014 08/12/14 Sold $108,000 -7.3% $45 / Sq Ft
06/13/2014 06/13/14 Pending -- -- --
08/07/2013 08/07/13 For Sale $116,500 -- $49 / Sq Ft
Source: Bright MLS

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 $2,867 $108,900 $21,900 $87,000
2024 $2,777 $108,900 $21,900 $87,000
2023 $2,724 $108,900 $21,900 $87,000
2022 $2,682 $108,900 $21,900 $87,000
2021 $2,613 $108,900 $21,900 $87,000
2020 $2,477 $108,900 $21,900 $87,000
2019 $2,436 $108,900 $21,900 $87,000
2018 $2,409 $108,900 $21,900 $87,000
2017 $2,378 $108,900 $21,900 $87,000
2016 -- $108,900 $21,900 $87,000
2015 -- $108,900 $21,900 $87,000
2014 $2,306 $118,400 $21,900 $96,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002738001

Bright MLS

APN: 190-046.04-082.000