NOT LISTED FOR SALE

134 S Union St Middletown, PA 17057

Estimated Value: $1,732,257

-- Bed
-- Bath
14,778 Sq Ft
$117/Sq Ft Est. Value

Last Sold April 01, 2014

Last sale price $500,000 $34 Per Sq Ft

Est. 246% increase in value since last sale

Current estimated payment $10,477/month

188 Days on Market

Highlights

  • No HOA
  • Window Unit Cooling System
  • Outdoor Storage
  • Workshop
  • Home Security System
  • Baseboard Heating

About This Home

As of April 2014

Enjoy $80,000 NET INCOME in this 17 Unit Complex including address of 134-136! 16 Apartments and 1 retail first floor unit provide nice CASH FLOW! Convenient downtown Middletown location close to shopping, Airport, Penn State Harrisburg and major transportation routes. Large private parking lot, huge workshop/storage area in basement, and solid rental history make this a must see! Call to schedule your private showing today!

Last Agent to Sell the Property

Andy Rhine

Keller Williams of Central PA License #RS311209 Listed on: 08/13/2013

Keller Williams of Central PA

Last Buyer's Agent

Christopher Timmons

Chris Timmons Group LLC License #RM425418

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,250

Year Built

  • Built in 1900

Lot Details

  • 0.28

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • Workshop

Kitchen

  • Oven
  • Stove
  • Disposal

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Fire Escape

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • 0.28 Acre Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for insurance, real estate taxes
  • Assessor Parcel Number 41-009-032-000-0000

Community Details

Overview

  • No Home Owners Association
  • 17 Units

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $600
  • Fuel Expense $2,033
  • Insurance Expense $1,368
  • Maintenance Expense $8,000
  • Trash Expense $1,788
  • Operating Expense $36,598
  • Net Operating Income $80,032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,250

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Current Use: Mixed
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: Enjoy $80,000 NET INCOME in this 17 Unit Complex including address of 134-136! 16 Apartments and 1 retail first floor unit provide nice CASH FLOW! Convenient downtown Middletown location close to shopping, Airport, Penn State Harrisburg and major transportation routes. Large private parking lot, huge workshop/storage area in basement, and solid rental history make this a must see! Call to schedule your private showing today!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Refrigerator, Oven - Single, Stove
  • Fireplace: No
  • Room List: Workshop
  • Total Sq Ft: 14778
  • Living Area Sq Ft: 14778
  • Price Per Sq Ft: 47.84
  • Above Grade Finished Sq Ft: 12018
  • Below Grade Finished Sq Ft: 2760
  • Total Below Grade Sq Ft: 2760
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 134

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Exterior Features: Fire Escape, Secure Storage
  • Roof: Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Electric Expense: 600.00
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Security: Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Sewer Expenses: 14559.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Condo Co-Op Amenities: Laundry Facilities
  • HOA: No

Schools

  • School District: MIDDLETOWN AREA
  • School District Key: 300200396875

Lot Info

  • Lot Size Acres: 0.28

Rental Info

  • Owner Pays: Insurance, Taxes - Real Estate
  • Tenant Pays: Cable Tv, Electricity
  • Vacation Rental: No

Multi Family

  • Fuel Expense: 2033.00
  • Gross Income: 116630.00
  • Metering: Fully Separate
  • Operating Expense: 36598.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

Tax Info

  • Assessor Parcel Number: 10587194
  • Tax Annual Amount: 8250.00
  • Assessor Parcel Number: 41-009-032-000-0000
  • Close Date: 04/01/2014

MLS Schools

  • School District Name: MIDDLETOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2022
Sold by
Union Pa Bh Llc
Bought by
One Tower Properties Llc
Current Estimated Value
$1,732,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,125
Outstanding Balance
$540,332
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$1,153,494

Purchase Details

Closed on
Nov 12, 2019
Sold by
Crist Land Ventures Llc
Bought by
Union Pa Bh Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 6, 2019
Sold by
The Emaus Orphan House
Bought by
Crist Land Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 13, 2013
Closed on
Apr 1, 2014
Sold by
Schoffstall Richard
Bought by
Crist Land Ventures Llc
Seller's Agent
Andy Rhine
Keller Williams of Central PA
Buyer's Agent
Christopher Timmons
Chris Timmons Group LLC
List Price
$575,000
Sold Price
$500,000
Premium/Discount to List
-$75,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.35%
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
One Tower Properties Llc -- Rosenberg Lpa Llc
Union Pa Bh Llc $1,000,000 None Available
Crist Land Ventures Llc $23,540 None Available
Crist Land Ventures Llc $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open One Tower Properties Llc $1,120,125
Previous Owner Union Pa Bh Llc $750,000
Previous Owner Crist Land Ventures Llc $1,000,000
Previous Owner Schoffstall Richard A $50,000
Previous Owner Schoffstall Richard A $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2014 04/01/14 Sold $500,000 -13.0% $34 / Sq Ft
02/17/2014 02/17/14 Pending -- -- --
08/13/2013 08/13/13 For Sale $575,000 -- $39 / 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 $10,920 $246,300 $46,200 $200,100
2024 $10,324 $246,300 $46,200 $200,100
2023 $10,154 $246,300 $46,200 $200,100
2022 $9,785 $246,300 $46,200 $200,100
2021 $9,378 $246,300 $46,200 $200,100
2020 $9,162 $246,300 $46,200 $200,100
2019 $9,029 $246,300 $46,200 $200,100
2018 $8,536 $246,300 $46,200 $200,100
2017 $8,536 $246,300 $46,200 $200,100
2016 $0 $246,300 $46,200 $200,100
2015 -- $246,300 $46,200 $200,100
2014 -- $246,300 $46,200 $200,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002738065

Bright MLS

APN: 41-009-032