NOT LISTED FOR SALE

971 Main St Newfoundland, PA 18445

Estimated Value: $241,765

3 Beds
6 Baths
3,400 Sq Ft
$71/Sq Ft Est. Value

Last Sold December 14, 2020

Last sale price $175,000 $51 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,548/month

726 Days on Market

About This Home

As of December 2020

4-UNIT APARTMENT/OFFICE BUILDING FOR SALE! LIVE IN ONE APARTMENT AND COLLECT FROM THE OTHERS! EXCELLENT INCOME ALL TENANT OCCUPIED W/LEASES. LOCATED AT CORNER OF ROUTES 447 & 507. WALK TO WALLENPAUPACK ELEMENTARY SCHOOL, POST OFFICE AND SHOPPING! WITHIN A VERY SHORT DRIVE TO I-84 AND LAKE WALLENPAUPACK! SEE TAX MAPS AND SPEC SHEETS IN PHOTOS/DOCUMENTS SECTION OF THE LISTING. EXCELLENT OPPORTUNITY TO LIVE RENT FREE!, Baths: Y

Last Agent to Sell the Property

Maria Premuto

Weichert Realtors Paupack Group License #RS 291709,RS 293904 Listed on: 11/02/2018

Weichert Realtors Paupack Group

Last Buyer's Agent

William & Beth Schutte

Realty Executives Exceptional Hawley License #AB066459/RS291544

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,237

Year Built

  • Built in 1930

Lot Details

  • 7,405

Interior Spaces

  • 3,400 Sq Ft Home
  • 3-Story Property
  • Washer and Gas Dryer Hookup

Utilities

  • Heating System Uses Propane
  • Hot Water Heating System
  • Well
  • Septic Needed

Additional Features

  • Balcony
  • 7,405 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 08-0-0004-0034

Community Details

Overview

  • 4 Units

Building Details

  • New Taxes Expense $3,237
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,237

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Directions: From Exit 20, I-84 take Route 507 S. into Newfoundland. Property is at the NW Corner of Routes 507 and 447. Sign on Building.
  • Lot Size Acres: 0.17
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Subdivision Name: None
  • Year Built: 1930
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup, Gas Dryer Hookup
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Body Name: None
  • Unit Levels: Three Or More
  • GasRightsReserved: None
  • SchoolTaxAmount: 2516.72
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Number Of Buildings: 1
  • Basement YN: No

Exterior Features

  • Roof: Other
  • Exterior Features: Balcony

Utilities

  • Heating: Electric, Propane, Hot Water
  • Sewer: Septic Needed
  • Water Source: Well

Schools

  • Junior High Dist: Wallenpaupack School District

Lot Info

  • Parcel #: 08-0-0004-0034
  • Zoning Description: Commercial

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 28800

Tax Info

  • New Taxes Expense: 3236.53
  • Tax Annual Amount: 3236.53
  • Tax Book Number: R-4017/332

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2018
Closed on
Nov 24, 2020
Sold by
Miley Noreen A
Bought by
Cage Enterprises Llc
Seller's Agent
Maria Premuto
Weichert Realtors Paupack Group
Buyer's Agent
William & Beth Schutte
Realty Executives Exceptional Hawley
List Price
$279,800
Sold Price
$175,000
Premium/Discount to List
-$104,800
-37.46%
Current Estimated Value
$241,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,765
Avg. Annual Appreciation
6.64%

Purchase Details

Closed on
Apr 27, 2010
Sold by
Bevan Edward I and Bevan Cheryl A
Bought by
Miley Noreen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.03%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cage Enterprises Llc $175,000 None Available
Miley Noreen A $235,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miley Noreen A $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2020 12/14/20 Sold $175,000 -37.5% $51 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
11/02/2018 11/02/18 For Sale $279,800 -- $82 / Sq Ft
Source: Pike/Wayne Association of REALTORS®

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 $3,318 $229,500 $42,100 $187,400
2024 $3,156 $229,500 $42,100 $187,400
2023 $4,437 $229,500 $42,100 $187,400
2022 $3,498 $163,000 $15,200 $147,800
2021 $3,469 $163,000 $15,200 $147,800
2020 $3,459 $163,000 $15,200 $147,800
2019 $3,245 $163,000 $15,200 $147,800
2018 $3,173 $163,000 $15,200 $147,800
2017 $735 $163,000 $15,200 $147,800
2016 $2,999 $163,000 $15,200 $147,800
2014 -- $163,000 $15,200 $147,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Maria Premuto

    Weichert Realtors Paupack Group

    Section Image

  • W

    Buyer's Agent in 2020

    William & Beth Schutte

    Realty Executives Exceptional Hawley

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Map

Source: Pike/Wayne Association of REALTORS®

MLS Number: PWB184899

Pike/Wayne Association of REALTORS®

APN: 008269

Pennsylvania Wayne County Newfoundland 18445

971 Main St, Newfoundland, PA

Not Listed for Sale

MultiFamily

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