NOT LISTED FOR SALE

Estimated Value: $257,699

-- Bed
-- Bath
-- Sq Ft
3,920 Sq Ft Lot

Last Sold November 10, 2017

Last sale price $93,900

Est. 174% increase in value since last sale

Current estimated payment $1,590/month

Highlights

  • No HOA
  • Parking Storage or Cabinetry
  • Baseboard Heating

About This Home

As of November 2017

Good investment property opportunity on fully occupied 3 unit. All tenants are long term. The 1 car detached garage could be rented for additional income. Landlord pays water, sewer, garbage & oil. Each unit has it's own electric hot water heater. 3 zone heat. Rear flat roof replaced 2 years ago.

Last Agent to Sell the Property

Jessica Matarazzi

jmatarazzi@homesale.com Iron Valley Real Estate License #RS328386 Listed on: 09/13/2017

Iron Valley Real Estate

Last Buyer's Agent

Bob Wert

(717) 679-7000 rwert@comcast.net RE/MAX Pinnacle License #AB065732

RE/MAX Pinnacle

Property Details

Home Type

  • Multi-Family

Lot Details

  • 3,920 Sq Ft Lot
  • Property is in good condition

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof
  • Vinyl Siding

Unfinished Basement

  • Basement Fills Entire Space Under The House

Parking

  • Garage
  • Parking Storage or Cabinetry
  • On-Street Parking

Schools

  • Lebanon Middle School
  • Lebanon High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 03-2337325-369913-0000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Income includes apartment rentals
  • Other Expense $4,838
  • Operating Expense $4,838
  • Net Operating Income $13,053

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Other Expense: 4838.00
  • Storage: Garage
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Unfinished

Exterior Features

  • Construction Materials: Brick, Frame, Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Fire Escape
  • Roof: Composite, Shingle, Asphalt
  • 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
  • Heating Type: Baseboard, Hot Water, Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: LEBANON
  • Middle Or Junior School: LEBANON

Lot Info

  • Lot Size Acres: 0.09
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: RESIDENTIAL
  • Zoning Description: Residential
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10308408
  • School Tax: 1801.60
  • Tax Annual Amount: 2509.43
  • Assessor Parcel Number: 03-2337325-369913-0000
  • County Tax Payment Frequency: Annually

Multi Family

  • Gross Income: 20400.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 4838.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: LEBANON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2022
Sold by
Estrubhar Properties Llc
Bought by
Lapp David R and Kaufman Micah
Current Estimated Value
$257,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Outstanding Balance
$141,905
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$115,794

Purchase Details

Listed on
Sep 13, 2017
Closed on
Nov 9, 2017
Sold by
Wright Timothy M and Wright Angela M
Bought by
Estrubhar Properties Llc
Seller's Agent
Jessica Matarazzi
Iron Valley Real Estate
Buyer's Agent
Bob Wert
RE/MAX Pinnacle
List Price
$93,900
Sold Price
$93,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.50%
Original Mortgage
$75,120
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 2005
Sold by
Wachovia Bank
Bought by
Wright Timothy M and Wright Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
5.83%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lapp David R $190,000 None Listed On Document
Estrubhar Properties Llc $93,900 Edge Abstract Independence L
Wright Timothy M $40,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lapp David R $152,000
Previous Owner Estrubhar Properties Llc $75,120
Previous Owner Wright Timothy M $46,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2017 11/10/17 Sold $93,900 0.0% --
09/21/2017 09/21/17 Pending -- -- --
09/13/2017 09/13/17 For Sale $93,900 -- --
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 $2,896 $89,900 $7,000 $82,900
2024 $2,759 $89,900 $7,000 $82,900
2023 $525 $89,900 $7,000 $82,900
2022 $516 $89,900 $7,000 $82,900
2021 $499 $89,900 $7,000 $82,900
2020 $2,622 $89,900 $7,000 $82,900
2019 $2,584 $89,900 $7,000 $82,900
2018 $2,509 $89,900 $7,000 $82,900
2017 $708 $89,900 $7,000 $82,900
2016 $2,443 $89,900 $7,000 $82,900
2015 $1,678 $89,900 $7,000 $82,900
2014 $1,678 $89,900 $7,000 $82,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002668817

Bright MLS

APN: 03-2337325-369913-0000