624 4th Ave Freedom, PA 15042

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3 beds · 1 bath · 1,416 sq ft · Lot Size: 3,049 sq ft · Single Family Home
Est. Property Value: $127,710

High Demand Long-Term RentalValued below Market MedianGood value per sqftOwned for 25 - 50 YearsOwner Age 45 - 55

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624 4th Ave is in the 15042 neighborhood of Freedom, PA. It is located in Beaver County and ZIP code 15042. This Single Family Home was built in 1900 and is approximately 125 years old. The single family home spans 1416 sq ft with 3 bedrooms and 1 bathroom and sits on a 3049 sq ft lot. According to public records, it was last sold in 1995 for $14,000 and has a tax-assessed value of $189,200, which is $90 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 624 4th Ave Freedom, PA 15042 with Property Intel by Whitepages.

624 4th Ave

Freedom, PA 15042

Owner Info

Owners & Occupancy for 624 4th Ave

This property is owned by Justin G Heckman. Owner contact information includes 9 phone numbers and 5 email addresses.

Property Owners

Cell Phone(724) ***-****View Cell Phone
Residence***********
Landline(724) 770-0323
Distance from Property**********
Email Address********@yahoo.comView Email

Cell Phone(215) ***-****View Cell Phone
Residence***********
Landline(724) 775-4097
Distance from Property**********
Email Address*********@yahoo.comView Email
View All Owner Info

Occupancy

Current Occupancy*****View Occupancy
Resident 1*********************** age 54
Resident 2**************** age 51
Resident 3******
Resident 4************** age 36

Property Financials for 624 4th Ave

624 4th Ave, Freedom, PA has a mortgage (orig. October 07, 2023). The Beaver county assessment for 2024 values it at $189,200, with annual taxes of $1,694.

Mortgage & Equity Information

Loan Amount$*****
Origination DateOctober 07, 2023
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*****************
Equity View Equity
View All Mortgage Info

Property Tax

Purchase DateAugust 09, 1995
Property Tax Amount$1,694 in 2024
Purchase Price$14,000
Assessed Value$189,200 on 2024

Investment Potential for 624 4th Ave

The property has a current estimated value of $127,710, which is 52% below the zip median, based on public records. It last sold on August 09, 1995 for $14K. Projected long-term
is $35,400 annually ($2,950 per month) with a 93% occupancy rate.

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Long-Term

Gross Rental
$35,400 per year($2,950 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
View Cap Rate
Occupancy Rate
93%in 15042 zip code
 
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Property Details for 624 4th Ave

Property Details

Property Sq Ft

Living Area

1,416 sq ft

7% below market

Lot Size

3,049 sq ft

86% below market

Price Per Sq Ft

Living Area

$90 / sq ft

48% below market

Lot Size Area

$42 / sq ft

248% above market

Property condition, age, exterior, etc. for 624 4th Av…
Longitude: -80.25509 Latitude: 40.687036 Parcel Number (APN): 26-001-0221.000…

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Market Benchmarks

Compare data for 624 4th Ave in Beaver County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$127,710
$233,271
-$105,560 (-45%)
$******
$407,348
-$252,331 (-62%)
YoY Price Change
****%
2.5%
459%
Year Built
1900
1957
-57 years
Living Space
1,416 sq ft
1,451 sq ft
-35 (-2%)
$ Per Living Sq Ft
$90
$161
-$71 (-44%)
Lot Size
3,049 sq ft
8,712 sq ft
-5663 (-65%)
$ Per Lot Sq Ft
$42
$32
$10 (33%)

Net Operating Income
$*****
$16,783
$11,227 (67%)
Annual Revenue
$35,400
$25,800
$9,600 (37%)
$****
$8,585
-$1,195 (-14%)
Net Operating Income
$*****
$16,783
$11,227 (67%)
Cap Rate
****%
7.08%
—
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Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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