NOT LISTED FOR SALE

650 S Hermitage Rd Hermitage, PA 16148

Estimated Value: $133,000 - $189,000

-- Bed
-- Bath
-- Sq Ft
0.49 Acres

Last Sold May 22, 2020

Last sale price $97,500

Est. 63% increase in value since last sale

Current estimated payment $1,015/month

About This Home

As of May 2020

Great opportunity to own a legal duplex on a uniquely zoned lot in the heart of Hermitage. Both units are currently rented. All utilities are separated. Many possibilities. Live in one side and rent the other. Perfect live/work set-up to live in one side and convert the other side to a business (i.e. hair salon, bakery, etc)

Last Agent to Sell the Property

Michael Garofalo

HOWARD HANNA REAL ESTATE SERVICES Listed on: 09/19/2019

HOWARD HANNA REAL ESTATE SERVICES

Last Buyer's Agent

Leana Hillard

BERKSHIRE HATHAWAY THE PREFERRED REALTY License #RS351145

BERKSHIRE HATHAWAY THE PREFERRED REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,004

Lot Details

  • 0.49

Parking

  • 4 Car Parking Spaces
  • Off-Street Parking

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Construction Material

Additional Features

  • Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 12-11750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,004

Lot Details

0

Parking

4

Listing Details

  • Insurance: 800
  • Area Description Sort: Hermitage
  • Total Assessed Value: 21650
  • Basement Description: Fin
  • Construction: Vinyl
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Map Num Block Num Lot Num Info: 12-11750
  • Property Type: Multi-Unit
  • Ratio Close Price By List Price: 0.97990
  • Ratio Close Price By Original Li: 0.65217
  • School Transportation: Yes
  • Type Of Property: Duplex
  • Years Old: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes

Exterior Features

  • Insulation: Yes
  • Roof: Asphalt

Garage/Parking

  • Parking Description: Off-Street Parking
  • Parking Spaces: 4

Utilities

  • Utilities: 1140
  • Utilities Available: Electricity, Gas, Sewer, Water

Schools

  • School District: Hermitage

Lot Info

  • Acres: 0.5000
  • Lot Size: 0.499
  • Zoning: R4

Multi Family

  • Gross Annual Income: 16080
  • Unit Count: 2

Tax Info

  • Taxes: 2004

MLS Schools

  • School District: Hermitage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2019
Closed on
May 22, 2020
Sold by
Magam Investment Associates Lp
Bought by
Newman Nancy
Seller's Agent
Michael Garofalo
HOWARD HANNA REAL ESTATE SERVICES
Buyer's Agent
Leana Hillard
BERKSHIRE HATHAWAY THE PREFERRED REALTY
List Price
$149,500
Sold Price
$97,500
Premium/Discount to List
-$52,000
-34.78%
Current Estimated Value
$158,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,370
Avg. Annual Appreciation
9.48%
Original Mortgage
$95,733
Outstanding Balance
$84,833
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$74,037
Source: Public Records

Range of Values:

Collateral Analytics

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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
Newman Nancy $97,500 Everest Settlement
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newman Nancy $95,733
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2020 05/22/20 Sold $97,500 -2.0% --
03/02/2020 03/02/20 Price Changed $99,500 -9.1% --
01/16/2020 01/16/20 Price Changed $109,500 -8.4% --
12/23/2019 12/23/19 Price Changed $119,500 -7.7% --
11/26/2019 11/26/19 Price Changed $129,500 -7.2% --
10/21/2019 10/21/19 Price Changed $139,500 -6.7% --
09/19/2019 09/19/19 For Sale $149,500 -- --
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 $2,064 $21,650 $2,100 $19,550
2024 $2,064 $21,650 $2,100 $19,550
2023 $2,064 $21,650 $2,100 $19,550
2022 $2,004 $21,650 $2,100 $19,550
2021 $2,004 $21,650 $2,100 $19,550
2020 $2,004 $21,650 $2,100 $19,550
2019 $2,004 $21,650 $2,100 $19,550
2018 $1,964 $21,650 $2,100 $19,550
2017 $1,974 $21,650 $2,100 $19,550
2016 -- $21,650 $2,100 $19,550
2015 -- $21,650 $2,100 $19,550
2014 -- $21,650 $2,100 $19,550
Source: Public Records

Agents Affiliated with this Home

  • Michael Garofalo

    Seller's Agent in 2020

    Michael Garofalo

    Howard Hanna

    (724) 771-7616

    1 in this area

    8 Total Sales

    Michael Garofalo
    Section Image
  • Leana Hillard

    Buyer's Agent in 2020

    Leana Hillard

    BHHS Preferred Realty

    (724) 854-0820

    9 in this area

    46 Total Sales

    Leana Hillard
    Section Image
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Map

Source: West Penn Multi-List

MLS Number: 1418654

West Penn Multi-List

APN: 12-329-103

Pennsylvania Mercer County Hermitage 16148

650 S Hermitage Rd, Hermitage, PA

This home is located at 650 S Hermitage Rd, Hermitage, PA 16148 since 19 September 2019 and is currently estimated at $158,870. 650 S Hermitage Rd is a home located in Mercer County with nearby schools including Ionta Elementary School, Artman Elementary School, and Delahunty Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

West Penn Multi-List IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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