NOT LISTED FOR SALE

125 W Main Ave Myerstown, PA 17067

Estimated Value: $220,000 - $304,000

-- Bed
3 Baths
3,274 Sq Ft
$81/Sq Ft Est. Value

Last Sold March 29, 2021

Last sale price $180,000 $55 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,698/month

Highlights

  • Traditional Architecture
  • More Than Two Accessible Exits
  • Electric Baseboard Heater
  • No HOA
  • Summer or Winter Changeover Switch For Heating
  • Carpet

About This Home

As of March 2021

AN OFFER DEADLINE IS BEING SET FOR 6:00 PM ON TUESDAY, 2/16,2021. ALL OFFERS WILL BE PRESENTED AT 6:30PM. IMMEDIATELY THEREAFTER, AGENTS WILL BE NOTIFIED. NO LATE OFFERS WILL BE ACCEPTED. THANK YOU! Add to your portfolio, or begin your real estate investment with this easy-to-rent THREE-UNIT INVESTMENT PROPERTY. Two units are currently on month-to-month leases; one unit is vacant at present. HERE'S A GREAT OPPORTUNITY FOR AN OWNER-OCCUPIED INVESTMENT PROPERTY, WITH INCOME COVERING EXPENSES AND DEBT SERVICE. Owner pays W/S/T. All three units include separate heat and electric service. All units include kitchen and living area on the 1st floor, with bedrooms on the 2nd floor; washer/dryer hook-up for tenants own appliances; and 4 spaces of off-street parking. Please see attached Income/Expense Report for detail. Also see attached recent WDP Inspection Report.

Last Agent to Sell the Property

Vanessa Marinkov

(717) 507-5025 vanessa@beringrealestate.com Bering Real Estate Co. License #RS342797 Listed on: 02/15/2021

Last Buyer's Agent

Jordan Mummau

(717) 222-0986 jomummau@gmail.com Listing Sherpa LLC License #RS351599

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,043

Year Built

  • Built in 1890 | Remodeled in 1997

Lot Details

  • 7,841 Sq Ft Lot
  • Property is in average condition

Home Design

  • Triplex
  • Traditional Architecture
  • Stone Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,274 Sq Ft Home
  • Partial Basement

Flooring

  • Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 4 Off-Street Spaces

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Electric Baseboard Heater
  • Summer or Winter Changeover Switch For Heating
  • 100 Amp Service
  • Oil Water Heater

Listing and Financial Details

  • Assessor Parcel Number 15-2370452-382862-0000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 2-Story Building

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,043

Year Built

Built in 1890 | Remodeled in 1997

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Shed belongs to one tenant
  • Inclusions: Stove and Refrigerator in all units
  • New Construction: No
  • Expected On Market: 2021-02-15
  • Year Built: 1890
  • Year Renovated: 1997
  • Automatically Close On Close Date: No
  • Remarks Public: AN OFFER DEADLINE IS BEING SET FOR 6:00 PM ON TUESDAY, 2/16,2021. ALL OFFERS WILL BE PRESENTED AT 6:30PM. IMMEDIATELY THEREAFTER, AGENTS WILL BE NOTIFIED. NO LATE OFFERS WILL BE ACCEPTED. THANK YOU! Add to your portfolio, or begin your real estate investment with this easy-to-rent THREE-UNIT INVESTMENT PROPERTY. Two units are currently on month-to-month leases; one unit is vacant at present. HERE'S A GREAT OPPORTUNITY FOR AN OWNER-OCCUPIED INVESTMENT PROPERTY, WITH INCOME COVERING EXPENSES AND DEBT SERVICE. Owner pays W/S/T. All three units include separate heat and electric service. All units include kitchen and living area on the 1st floor, with bedrooms on the 2nd floor; washer/dryer hook-up for tenants own appliances; and 4 spaces of off-street parking. Please see attached Income/Expense Report for detail. Also see attached recent WDP Inspection Report.
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 3274
  • Living Area Sq Ft: 3274
  • Price Per Sq Ft: 54.67
  • Above Grade Finished Sq Ft: 3274
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 125-127-129

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Electric, Oil
  • Heating Type: Baseboard - Electric, Baseboard - Hot Water, Summer/Winter Changeover
  • Heating: Yes
  • Hot Water: Electric, Oil
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Water Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: EASTERN LEBANON COUNTY
  • School District Key: 300200397444
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 108500.00
  • Land Assessed Value: 24400.00
  • Land Use Code: 103
  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7841.00
  • Property Condition: Average
  • Year Assessed: 2021
  • Zoning: TMN
  • Zoning Description: TMN-Traditional Mixed Neighborhood (Residential Permitted)

Rental Info

  • Number Of Units Month To Month: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10317501
  • School Tax: 2115.00
  • Tax Annual Amount: 3043.00
  • Assessor Parcel Number: 15-2370452-382862-0000
  • Tax Total Finished Sq Ft: 3274
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 03/29/2021

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: EASTERN LEBANON COUNTY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2021
Closed on
Mar 29, 2021
Sold by
Deibler Portia G and Pavenski Portia G
Bought by
Newswanger Charlene M and Newswanger Andrew Richard
Seller's Agent
Vanessa Marinkov
Bering Real Estate Co.
Buyer's Agent
Jordan Mummau
Listing Sherpa LLC
List Price
$179,000
Sold Price
$180,000
Premium/Discount to List
$1,000
0.56%
Current Estimated Value
$265,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,811
Avg. Annual Appreciation
9.01%
Original Mortgage
$144,000
Outstanding Balance
$130,015
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$135,796
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
Newswanger Charlene M $180,000 Edge Abstract Independence L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newswanger Charlene M $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2021 03/29/21 Sold $180,000 +0.6% $55 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/15/2021 02/15/21 For Sale $179,000 -- $55 / 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 $3,471 $132,900 $24,400 $108,500
2024 $3,235 $132,900 $24,400 $108,500
2023 $3,200 $132,900 $24,400 $108,500
2022 $3,135 $132,900 $24,400 $108,500
2021 $3,007 $132,900 $24,400 $108,500
2020 $2,849 $132,900 $24,400 $108,500
2019 $2,837 $132,900 $24,400 $108,500
2018 $2,792 $132,900 $24,400 $108,500
2017 $438 $132,900 $24,400 $108,500
2016 $2,579 $132,900 $24,400 $108,500
2015 -- $132,900 $24,400 $108,500
2014 -- $132,900 $24,400 $108,500
Source: Public Records

Agents Affiliated with this Home

  • Vanessa Marinkov

    Seller's Agent in 2021

    Vanessa Marinkov

    Bering Real Estate Co.

    (717) 507-5025

    1 in this area

    47 Total Sales

    Vanessa Marinkov
    Section Image
  • Jordan Mummau

    Buyer's Agent in 2021

    Jordan Mummau

    Listing Sherpa LLC

    (717) 222-0986

    2 in this area

    44 Total Sales

    Jordan Mummau
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PALN117846

Bright MLS

APN: 15-2370452-382862-0000

Pennsylvania Lebanon County Myerstown 17067

125 W Main Ave, Myerstown, PA

This home is located at 125 W Main Ave, Myerstown, PA 17067 since 15 February 2021 and is currently estimated at $265,811, approximately $81 per square foot. This property was built in 1890. 125 W Main Ave is a home located in Lebanon County with nearby schools including Eastern Lebanon County Senior High School, Stony Ridge Parochial School, and Myerstown Mennonite School.

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