NOT LISTED FOR SALE

Estimated Value: $268,434

-- Bed
-- Bath
3,646 Sq Ft
$74/Sq Ft Est. Value

Last Sold April 06, 2017

Last sale price $99,000 $27 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $1,722/month

160 Days on Market

About This Home

As of April 2017

4 total rental units, 3 story brick property (multi-family and Commercial zoned) investment property in heart of Lebanon City. 3 Apartments and 1 store front Business (currently a Barber Shop) Maximum visibility for business on main artery Rt 72. All units occupied!Rents are: 1st fl $715, 2nd fl $535, 3rd fl $400.

Last Agent to Sell the Property

Bob Wert

RE/MAX Pinnacle License #AB065732 Listed on: 09/02/2016

RE/MAX Pinnacle

Last Buyer's Agent

Bob Wert

RE/MAX Pinnacle License #AB065732 Listed on: 09/02/2016

RE/MAX Pinnacle

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,178 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Composition Roof

Unfinished Basement

  • Dirt Floor

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Schools

  • Lebanon Middle School
  • Lebanon High School

Utilities

  • Radiant Heating System
  • 100 Amp Service
  • Less than 60 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for hot water, electricity
  • Assessor Parcel Number 02-2337632-368618

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Income includes apartment rentals, professional offices
  • Net Operating Income $17,106

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Current Use: Office
  • New Construction: No
  • Storage: Basement
  • Remarks Public: 4 total rental units, 3 story brick property (multi-family and Commercial zoned) investment property in heart of Lebanon City. 3 Apartments and 1 store front Business (currently a Barber Shop) Maximum visibility for business on main artery Rt 72. All units occupied!Rents are: 1st fl $715, 2nd fl $535, 3rd fl $400.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Dirt Floor, Unfinished
  • Street Number Modifier: 108-110

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Fire Escape
  • Roof: Composite, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service, Circuit Breakers, Less Than 60 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: LEBANON
  • Middle School: LEBANON
  • High School: LEBANON
  • School District Key: 300200397291
  • High School: LEBANON
  • Middle Or Junior School: LEBANON

Lot Info

  • Lot Size Acres: 0.05
  • Property Condition: Good
  • Zoning Description: Commercial,Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Hot Water, Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10307789
  • School Tax: 1933.86
  • Tax Annual Amount: 2693.66
  • Assessor Parcel Number: 02-2337632-368618
  • County Tax Payment Frequency: Annually
  • Close Date: 04/06/2017

Multi Family

  • Gross Income: 19800.00
  • Income Includes: Apartment Rentals, Professional Offices
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
  • Single Room Units Count: 1

MLS Schools

  • School District Name: LEBANON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2021
Sold by
Estruhbar Properties Llc
Bought by
Fox Bryce J
Current Estimated Value
$268,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$148,958
Interest Rate
3.11%
Mortgage Type
Commercial
Estimated Equity
$106,679

Purchase Details

Listed on
Sep 2, 2016
Closed on
Mar 31, 2017
Sold by
Edkin David L
Bought by
Estrubhar Properties Llc
Seller's Agent
Bob Wert
RE/MAX Pinnacle
Buyer's Agent
Bob Wert
RE/MAX Pinnacle
List Price
$99,000
Sold Price
$99,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.05%
Original Mortgage
$79,600
Interest Rate
4.16%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Fox Bryce J $200,000 Edge Abstract Independence L
Estrubhar Properties Llc $99,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fox Bryce J $160,000
Previous Owner Estrubhar Properties Llc $79,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2017 04/06/17 Sold $99,000 0.0% $27 / Sq Ft
02/09/2017 02/09/17 Pending -- -- --
09/02/2016 09/02/16 For Sale $99,000 -- $27 / Sq Ft
Source: Bright MLS

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 $3,109 $96,500 $6,300 $90,200
2024 $2,962 $96,500 $6,300 $90,200
2023 $338 $96,500 $6,300 $90,200
2022 $332 $96,500 $6,300 $90,200
2021 $321 $96,500 $6,300 $90,200
2020 $2,814 $96,500 $6,300 $90,200
2019 $2,774 $96,500 $6,300 $90,200
2018 $2,694 $96,500 $6,300 $90,200
2017 $760 $96,500 $6,300 $90,200
2016 $2,622 $96,500 $6,300 $90,200
2015 $1,802 $96,500 $6,300 $90,200
2014 $1,802 $96,500 $6,300 $90,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002739249

Bright MLS

APN: 02-2337632-368618-0000