17265 Route 36 · Bell, PA 15767

$100,000

3 bd · None ba · 900 sqft · Other public records · 98 Days on market

0.38 ac lot $111/sqft · 22% below area Est $129k · 22% under

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Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +4.0/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This two-story structure has been stripped to the studs in most areas and is ready for a complete reimagining. With the demolition work already started, you can skip the mess and move straight to the vision. The open floor plan and exposed framing offer a clear view of the potential layout for a residential home, multi-unit rental, or a unique "live-work" space. The Shell: High ceilings, exposed wood beams, and a solid exterior frame. The Site: Level lot with high visibility along Route 36—perfect for those who want a project with great "bones" and easy access. The Potential: Bring your contractor and your blueprints to turn this shell into a Jefferson County gem.

Key facts

• Open floor plan
• Easy access
• Exposed wood beams

Tags

• OPEN FLOOR PLAN
• EXPOSED WOOD BEAMS
• SOLID EXTERIOR FRAME
• LEVEL LOT
• EASY ACCESS

What this means for you Summary

Snapshot

• This is a 3-bed/?-bath other listed at $100k.

Deal economics

• At list price, monthly cash flow is $688 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $100k).
• Recommended offer: $91k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• Punxsutawney Area SD (town): math 43% / reading 53% proficiency, ranked #239 of 539 in PA (top 44%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 45 active listings in the ZIP; 41 units permitted in Jefferson County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $691 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Jefferson County population projected at -22% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 98 days — a 9% lower offer ($91k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $32k; list at $100k implies a 208% gain — meaningful room to come down on a strong offer.

Recommended offer $91,000 (9.0% below list)

Questions for the listing agent

1. It's been on market 98 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.67% ✓
• Cap rate: 14.54%
• Cash-on-cash: 29.47%
• DSCR: 2.31
• GRM: 5.0

CMA / ARV

• ARV (median comp): $128,828
• List price: $100,000
• Delta: -22.38%
• Verdict: UNDERPRICED
• Comps: 4 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 23.9%
• Equity multiple: 1.98×
• Total profit: $27,578
• Equity at exit: $14,910

10-year hold

• IRR: 31.8%
• Equity multiple: 3.87×
• Total profit: $80,352
• Equity at exit: $8,646

Cash invested: $28,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Pennsylvania: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

10-day notice; Philadelphia has eviction-court diversion + some protections; otherwise moderate.

Methodology + full state rankings →

ZIP-level market 15767

• Home prices YoY: -12.9%
• Active inventory: 45
• Price-to-rent: 5.0×

Monthly cashflow live

• Estimated rent: $1,665 medium
• Mortgage (P&I): −$524
• Tax from tax record: −$62 /mo · $740/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$350
• Net cashflow: $688

Break-even live

Break-even rent $795

Max offer price $100,000

Occupancy floor 54%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $25,000
• Closing costs: $3,000
• Reserves months: —
• Total cash needed: —

Listing history 28 events

1. 2026-06-18
   days on market $100,000 Active 98 DOM
2. 2026-06-17
   days on market $100,000 Active 97 DOM
3. 2026-06-16
   days on market $100,000 Active 96 DOM
4. 2026-06-15
   days on market $100,000 Active 95 DOM
5. 2026-06-13
   days on market $100,000 Active 93 DOM
6. 2026-06-12
   days on market $100,000 Active 92 DOM
7. 2026-06-09
   days on market $100,000 Active 89 DOM
8. 2026-06-08
   days on market $100,000 Active 88 DOM
9. 2026-06-08
   days on market $100,000 Active 87 DOM
10. 2026-06-07
    days on market $100,000 Active 86 DOM
11. 2026-06-04
    days on market $100,000 Active 83 DOM
12. 2026-06-02
    days on market $100,000 Active 82 DOM
13. 2026-06-01
    days on market $100,000 Active 81 DOM
14. 2026-05-31
    days on market $100,000 Active 80 DOM
15. 2026-05-10
    price $100,000 698-char remark

    Show marketing remark (698 chars)

    This two-story structure has been stripped to the studs in most areas and is ready for a complete reimagining. With the demolition work already started, you can skip the mess and move straight to the vision. The open floor plan and exposed framing offer a clear view of the potential layout for a residential home, multi-unit rental, or a unique "live-work" space. The Shell: High ceilings, exposed wood beams, and a solid exterior frame. The Site: Level lot with high visibility along Route 36—perfect for those who want a project with great "bones" and easy access. The Potential: Bring your contractor and your blueprints to turn this shell into a Jefferson County gem.

16. 2026-05-01
    price $60,000 698-char remark

    Show marketing remark (698 chars)

    This two-story structure has been stripped to the studs in most areas and is ready for a complete reimagining. With the demolition work already started, you can skip the mess and move straight to the vision. The open floor plan and exposed framing offer a clear view of the potential layout for a residential home, multi-unit rental, or a unique "live-work" space. The Shell: High ceilings, exposed wood beams, and a solid exterior frame. The Site: Level lot with high visibility along Route 36—perfect for those who want a project with great "bones" and easy access. The Potential: Bring your contractor and your blueprints to turn this shell into a Jefferson County gem.

17. 2026-03-11
    listed $99,999 Active 698-char remark

    Show marketing remark (698 chars)

    This two-story structure has been stripped to the studs in most areas and is ready for a complete reimagining. With the demolition work already started, you can skip the mess and move straight to the vision. The open floor plan and exposed framing offer a clear view of the potential layout for a residential home, multi-unit rental, or a unique "live-work" space. The Shell: High ceilings, exposed wood beams, and a solid exterior frame. The Site: Level lot with high visibility along Route 36—perfect for those who want a project with great "bones" and easy access. The Potential: Bring your contractor and your blueprints to turn this shell into a Jefferson County gem.

18. 2025-02-03
    price $40,000 91-char remark

    Show marketing remark (91 chars)

    Investment opportunity 2 parcels in one! Can be combined with 329 E Long Ave New Castle PA

19. 2025-01-31
    price $50,000 91-char remark

    Show marketing remark (91 chars)

    Investment opportunity 2 parcels in one! Can be combined with 329 E Long Ave New Castle PA

20. 2025-01-28
    price $55,000 91-char remark

    Show marketing remark (91 chars)

    Investment opportunity 2 parcels in one! Can be combined with 329 E Long Ave New Castle PA

21. 2025-01-24
    price $99,000 91-char remark

    Show marketing remark (91 chars)

    Investment opportunity 2 parcels in one! Can be combined with 329 E Long Ave New Castle PA

22. 2025-01-23
    price $90,000 91-char remark

    Show marketing remark (91 chars)

    Investment opportunity 2 parcels in one! Can be combined with 329 E Long Ave New Castle PA

23. 2025-01-08
    listed $99,000 Active 91-char remark

    Show marketing remark (91 chars)

    Investment opportunity 2 parcels in one! Can be combined with 329 E Long Ave New Castle PA

24. 2024-01-31
    price $100,000
25. 2024-01-08
    price $75,000
26. 2023-12-21
    listed $99,999 Active
27. 2022-11-18
    soldstatus $32,500
28. 1976-08-25
    soldstatus $9,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast PA · Partial reset (capped growth)

• Current annual tax: $740 · $62/mo
• Projected year-2 tax: $1,160 · $97/mo
• Expected delta: +$420/yr (+$35/mo · 56.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥92°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,981
• − Mortgage interest: −$5,602
• − Property taxes: −$740
• − Insurance: −$500
• − Repairs & maintenance: −$1,598
• − Management: −$1,598
• − Depreciation: −$2,909
• Taxable income: $7,033
• Est. tax owed @ 24.0%: −$1,688
• After-tax cash flow: $6,564/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Punxsutawney Area SD
• NCES district ID: 4219800
• Math proficiency: 43% ▲ 1.00%
• Reading proficiency: 53% ▼ -8.00%
• Median HH income: $40,610
• Composite: 40.19/100
• National rank: #3787
• State rank: #239 of 539 in PA

Livability — Bell

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Population (ZIP): 14,136

Population outlook (Jefferson County) Hauer SSP2

• Today (2025): 42,134 people
• By 2030: 40,512 · -3.8%
• By 2040: 36,747 · -12.8%
• By 2050: 32,755 · -22.3%
• By 2075: 24,402 · -42.1%
• By 2100: 16,398 · -61.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (97%)
• Race & ethnicity: White 97% Two or more races 2%
• Common ancestry: Romanian 4% Polish 3% Iranian 2%
• Foreign-born: 0%
• Languages at home: 93% English-only · German/W. Germanic 6%

Political lean MEDSL · Jefferson

• 2024 margin: Solid R (+58.5) · D 20.4% · R 78.8%
• 2008→2024 swing: -28.7pp toward R · 2008: -29.8pp · 2024: -58.5pp
• All cycles: 2024: R+58.5 2020: R+58.9 2016: R+59.8 2012: R+45.4 2008: R+29.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -19.60%
• Current HPI: 132.6877
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.68%
• F500 in state: 34

Industry mix (Fortune 500 HQ in PA)

Industry	F500 HQs	Revenue
▸Healthcare	2	$309B
▸Insurance	2	$27B
▸Telecommunications / Media	1	$124B
▸Industrial Distribution	1	$22B
▸Financial Services	1	$20B
▸Chemicals / Materials	1	$18B

Price history

+1011.1% since first listed

14 events — show timeline

• 2026-05-10 Price Changed $100,000 West Penn MLS
• 2026-05-01 Price Changed $60,000 West Penn MLS
• 2026-03-11 Listed $99,999 West Penn MLS
• 2025-02-03 Price Changed $40,000 West Penn MLS
• 2025-01-31 Price Changed $50,000 West Penn MLS
• 2025-01-28 Price Changed $55,000 West Penn MLS
• 2025-01-24 Price Changed $99,000 West Penn MLS
• 2025-01-23 Price Changed $90,000 West Penn MLS
• 2025-01-08 Listed $99,000 West Penn MLS
• 2024-01-31 Price Changed $100,000 West Penn MLS
• 2024-01-08 Price Changed $75,000 West Penn MLS
• 2023-12-21 Listed $99,999 West Penn MLS
• 2022-11-18 Sold (Public Records) $32,500 Public Records
• 1976-08-25 Sold (Public Records) $9,000 Public Records

Property tax history

+0.9%/yr

Latest (2026): $740 · +0.1% YoY. Source: county tax records.