Seller's Agent in 2022
Brian Burford
Burford & Henry Real Estate Services
(814) 715-9091
63 in this area
229 Total Sales
738 Wood St Clarion, PA 16214
--
Bed
--
Bath
6,237
Sq Ft
0.35
Acres
About This Home
As of July 2022Sold as one time showing. 8 units in two buildings. 6 two bedroom units and 2 units are three bedrooms. All fully occupied as student renal. Leased through 2023. Rent was $2,900/student per semester for 2 bedroom units and $2,500/student for three bedroom units. All utilities included in rent. Gross income was $99,600/year. Utility expense was $18,200 and taxes were $5050. Storm water fee was $500/year and insurance was $2,800/year. Seller put in 10% of gross income for maintenance or about $10,000/year. Units were in very good condition. Both structures were predominantly remodeled on exterior and interior. Each unit had central air (split system) and included a washer/dryer in each unit. Only 1 block from Clarion University (PennWest Clarion) in a fantastic student location. Campus was almost across street. On site paved parking. Some of the nicest student rental units in the area.
Last Agent to Sell the Property
Burford & Henry Real Estate Services License #AB067069 Listed on: 03/01/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,160
Year Built
- Built in 1900
Lot Details
- 0.35 Acre Lot
- Lot Dimensions are 95' x 160'
- 0505004300000
Parking
- 16 Parking Spaces
Home Design
- Frame Construction
- Composition Roof
- Vinyl Siding
Interior Spaces
- 6,237 Sq Ft Home
- 4-Story Property
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- 100 Amp Service
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 05-050-044-000-00
Community Details
Overview
- 8 Units
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Operating Expense $18,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 1, 2022
Closed on
Jul 11, 2022
Sold by
Martin Richard L and Martin Sharron S
Bought by
Logero Chad
Seller's Agent
Brian Burford
Burford & Henry Real Estate Services
Buyer's Agent
Alison Heffner
Burford & Henry Real Estate Services
List Price
$590,000
Sold Price
$496,000
Premium/Discount to List
-$94,000
-15.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Outstanding Balance
$471,928
Interest Rate
5.1%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jan 8, 1987
Bought by
Martin Richard L
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 |
|---|---|---|---|
| Logero Chad | $496,000 | Colonial Title | |
| Martin Richard L | $135,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Logero Chad | $496,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2022 07/08/22 | Sold | $496,000 | -15.9% | $80 / Sq Ft |
| 06/08/2022 06/08/22 | Pending | -- | -- | -- |
| 03/01/2022 03/01/22 | For Sale | $590,000 | -- | $95 / Sq Ft |
Source: Allegheny Valley Board of REALTORS®
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 | $2,801 | $24,520 | $3,300 | $21,220 |
| 2024 | $2,678 | $24,520 | $3,300 | $21,220 |
| 2023 | $2,678 | $24,520 | $3,300 | $21,220 |
| 2022 | $2,678 | $24,520 | $3,300 | $21,220 |
| 2021 | $2,691 | $24,520 | $3,300 | $21,220 |
| 2020 | $2,691 | $24,520 | $3,300 | $21,220 |
| 2019 | $2,691 | $24,520 | $3,300 | $21,220 |
| 2018 | $2,691 | $24,520 | $3,300 | $21,220 |
| 2017 | $2,691 | $24,520 | $3,300 | $21,220 |
| 2016 | $2,600 | $24,520 | $3,300 | $21,220 |
| 2014 | -- | $24,520 | $3,300 | $21,220 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Burford
-
Alison Heffner
A
Buyer's Agent in 2022
Alison Heffner
Burford & Henry Real Estate Services
(814) 227-7355
31 in this area
86 Total Sales
Map
Source: Allegheny Valley Board of REALTORS®
MLS Number: 157288
APN: 005-000570
Nearby Homes
- 68 S 7th Ave
- 20 & 48 S 6th Ave
- 711 Ridge Rd
- 35 S 5th Ave
- 60 E 8th Ave
- 414 Wood St
- 990 E Main St
- 119 S 3rd Ave
- 208 Corbett St
- 208 Liberty St
- 153 Main St
- 286 Greenville Ave
- 100 W Main St
- 201 N 3rd Ave
- 1306 Eastwood Dr
- 240 Waterworks Rd
- LOT B Waterworks Rd
- LOT A Waterworks Rd
- 566 & 576 S 3rd Ave
- 501 Greenville Pike