NOT LISTED FOR SALE

718 Penn Ave New Brighton, PA 15066

Estimated Value: $71,440 - $101,000

3 Beds
1 Bath
1,175 Sq Ft
$77/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $130,000 $111 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $519/month

65 Days on Market

About This Home

As of March 2024

Looking for an Investment property? This triplex and single family home are on one lot and offer a great opportunity for increased revenue!
The triplex is well maintained with updates and offers 0ne two-bedroom unit that also uses the basement area and two one-bedroom units. The home in the rear of the lot offers 3 bedrooms and one bath and has a ton of potential for increased revenue. There is a nice yard in between. This great investment property has been rented with long term tenants. All current leases are month to month. It is in New Brighton Schools, close to bus routes, and shopping.

Last Agent to Sell the Property

Tammy Shiel

COLDWELL BANKER REALTY Listed on: 01/16/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

Lisa Lathom

EXP REALTY LLC

EXP REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,127

Year Built

  • Built in 1910

Lot Details

  • 2,614

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Frame Construction

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Additional Features

  • Walk-Out Basement
  • 2,614 Sq Ft Lot

Community Details

  • 4 Units
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,127

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Municipality: New Brighton
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Lot Size Acres: 0.06
  • Lot Size: 0.06
  • Directions: GPS
  • Architectural Style: Fourplex
  • Year Built: 1910
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access
  • Basement YN: Yes

Exterior Features

  • Construction Type: Brick, Frame

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Public Transportation

Schools

  • Junior High Dist: New Brighton Area

Lot Info

  • Zoning: Res
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2127.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2024
Closed on
Mar 22, 2024
Sold by
Kohnen Christine E and Kohnen Matthew
Bought by
Prodigai Properties Llc
Seller's Agent
Tammy Shiel
COLDWELL BANKER REALTY
Buyer's Agent
Lisa Lathom
EXP REALTY LLC
List Price
$185,500
Sold Price
$130,000
Premium/Discount to List
-$55,500
-29.92%
Views
41
Current Estimated Value
$90,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,890
Avg. Annual Appreciation
-20.82%
Original Mortgage
$104,000
Outstanding Balance
$102,273
Interest Rate
6.64%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$12,163

Purchase Details

Closed on
Mar 27, 2017
Sold by
Tebbets Terry O and Tebbets Susan K
Bought by
Kohnen Christine E and Kohnen Matthew

Purchase Details

Closed on
Oct 8, 2016
Sold by
Tebbets Terry O and Tebbets Susan K
Bought by
Kohnen Christine E and Kohnen Matthew
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
Prodigai Properties Llc $130,000 Signature Settlement Services
Kohnen Christine E -- None Available
Kohnen Christine E -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prodigai Properties Llc $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2024 03/22/24 Sold $130,000 -29.9% $111 / Sq Ft
01/16/2024 01/16/24 For Sale $185,500 -- $158 / 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 $546 $23,400 $8,350 $15,050
2024 $956 $23,400 $8,350 $15,050
2023 $1,473 $11,600 $2,100 $9,500
2022 $1,455 $11,600 $2,100 $9,500
2021 $1,455 $11,600 $2,100 $9,500
2020 $1,417 $11,600 $2,100 $9,500
2019 $1,393 $11,600 $2,100 $9,500
2018 $1,339 $11,600 $2,100 $9,500
2017 $1,339 $11,600 $2,100 $9,500
2016 $1,270 $11,600 $2,100 $9,500
2015 $258 $11,600 $2,100 $9,500
2014 $258 $11,600 $2,100 $9,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Penn Multi-List

MLS Number: 1637913

West Penn Multi-List

APN: 43-005-0218.000