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520 Mahan Ave, Follansbee, WV, 26037

2beds
1baths
840sqft
$75,000
$89price/sqft
$714/moest. monthly cost
$28,560/yrincome needed

About This Home

HUD-rented property currently rented at $495 per month through December 2026, offering immediate income potential. This cozy residence is perfect as a starter home or an ideal option for those looking to downsize into a comfortable retirement home. Conveniently located in Follansbee, with easy access to local amenities. Great opportunity for investors or owner-occupants alike! New furnace in 2016

Getting Around

55
WalkingSomewhat Walkable
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

--
Follansbee Middle SchoolGrades 5-80.3 mi
3/10
Brooke High SchoolGrades PK,9-122.0 mi

Construction

Condition

  • Year built: 1959

Materials

  • Foundation: Block
  • Roof: Metal
  • Construction materials: Frame,Block,Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range,Refrigerator

Basement

  • Level: Basement

Basement

  • Has basement: Yes
  • Basement: Full,Concrete

Bedroom2

  • Features: Wood Floor
  • Level: First
  • Area: 121

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Other
  • Flooring: Carpet,Wood
  • Fireplace features: None
  • Attic: Other
  • Finished area below ground: 0
  • Finished area above ground: 840

Heating & Cooling

  • Heating features: Central,Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,680
  • Total interior livable area: 840 sqft

Kitchen

  • Level: First
  • Area: 162

Living Room

  • Level: First
  • Area: 156

Master Bedroom

  • Level: First
  • Area: 128.39999999999998

Property

Details

  • Parcel number: 0505F14G00970000
  • Other equipment: Other

Features

  • Levels: 1
  • Stories: 1
  • Patio & porch: Porch
  • Fencing: None
  • Has view: Yes
  • View description: Neighborhood
  • Waterfront features: None

Lot

  • Lot size: 3,484 sqft
  • Features: No Outlet Street
  • Lot size dimensions: 0.08

Parking

  • Total spaces: 2
  • Parking features: 2 Cars

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Hail
Strong Wind

FEMA Declared Disasters Across West Virginia Counties

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $379$4,548
Home Insurance *$57$684
Property Taxes $97$1,164
Electricity $181$2,178
Total$714$8,568
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$24,480/yr
40% on housing$21,420/yr
45% on housing$19,040/yr

West Virginia FAIR Plan Programs

West Virginia Essential Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 260Commercial: 43
Total Premiums$274,000
Total Exposure$30.03M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.5%
5.5%
0%30.0%
Electricity Growth Rate10-year average: 8.0%
8.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.9%
4.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$89This listing

vs Other Active Listings

Avg $/sqft

ZIP 26037$71
Brooke County$84

vs Homes Sold Last Month

Median $/sqft

ZIP 26037$99
Brooke County$81

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-02Listed for sale$75,000
2016-12-28Sold$8,000
2016-10-22Listed for sale$9,900
2009-12-02Sold$24,000

For Sale by Agent

AgentWAYNE YODER
BrokerageKAUFMAN REALTY AND AUCTIONS

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