NOT LISTED FOR SALE

134 W Railroad St Unit 136 Nesquehoning, PA 18240

Estimated Value: $128,000 - $246,000

8 Beds
4 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold September 25, 2014

Last sale price $110,000

Est. 83% increase in value since last sale

Current estimated payment $1,525/month

25 Days on Market

Highlights

  • Newly Remodeled
  • Baseboard Heating
  • 4-minute walk to Lehigh Park
  • Storm Windows
  • 5 Car Garage

About This Home

As of September 2014

This 4 unit, 2 building complex has 2 large units, 2 smaller units, 5 garages and a 15.5%+ CAP Rate! Units are fully rented and tenants pay their own heat! Rent the garages for an even HIGHER cap rate! All 4 units have 2 bedrooms and 1 bath. The two larger units have laundry hook ups! There's a side yard that's fenced and private. With large local employers like St Lukes and KME, strong tenants are always available! Come and See (and bring your deposit check)!

Last Agent to Sell the Property

Aggie Schoenberger

Castle Gate Realty Listed on: 07/09/2014

Last Buyer's Agent

Hugh Dugan

Hugh D. Dugan Real Estate Inc

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,164

Year Built

  • Built in 1940 | Newly Remodeled

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 80x100

Parking

  • 5 Car Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Storm Windows
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 105B1-42-R37

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $180
  • Insurance Expense $1,600
  • Trash Expense $1,260
  • Water Sewer Expense $2,380
  • Operating Expense $7,920
  • Gross Income $28,200
  • Net Operating Income $19,152

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,164

Year Built

Built in 1940 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • Technology: Cable
  • County Assessment: 26735.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1940
  • Year Built Exception: New Construction
  • Supplement Modification Ti: 2014-07-10
  • Special Features: NewHome

Interior Features

  • Features: Storm Windows, Wash/Dry Hook-ups
  • Bathrooms: Semi Modern
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 8

Exterior Features

  • Construction: Vinyl

Garage/Parking

  • Parking: Garage, Paved Lot
  • Parking Spaces: 5

Utilities

  • Cooling: Window AC
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Electric: 180
  • Insurance: 1600
  • Trash Removal: 1260
  • Water Sewer: 2380

Fee Information

  • Operating Expense: 7920

Schools

  • School District: Panther Valley

Lot Info

  • Acres: 0.180
  • Lot Dimensions: 80x100
  • Lot Sq Ft: 7841
  • Zoning Code: Residential

Tax Info

  • Assessor Parcel Number: 105B1-42-R37
  • Total Taxes: 2164.00

Multi Family

  • Total Units: 4
  • Total Unit Count: 4

MLS Schools

  • School District: Panther Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2014
Closed on
Sep 22, 2014
Sold by
J & L Family Lp
Bought by
Mcardle Thomas P
Seller's Agent
Aggie Schoenberger
Castle Gate Realty
Buyer's Agent
Hugh Dugan
Hugh D. Dugan Real Estate Inc
List Price
$134,900
Sold Price
$110,000
Premium/Discount to List
-$24,900
-18.46%
Total Days on Market
25
Current Estimated Value
$200,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,868
Avg. Annual Appreciation
5.59%
Original Mortgage
$77,000
Outstanding Balance
$59,750
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$137,542

Purchase Details

Closed on
Jul 28, 2005
Sold by
Nalesnik Bruce A and Nalesnik Koreen M
Bought by
J&L Family Limited Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,750
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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
Mcardle Thomas P $110,000 None Available
J&L Family Limited Partnership $255,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcardle Thomas P $15,000
Open Mcardle Thomas P $77,000
Previous Owner J&L Family Limited Partnership $261,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2014 09/25/14 Sold $110,000 -18.5% --
08/03/2014 08/03/14 Pending -- -- --
07/09/2014 07/09/14 For Sale $134,900 -- --
Source: Greater Lehigh Valley REALTORS®

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 $4,834 $51,163 $4,400 $46,763
2024 $5,032 $51,163 $4,400 $46,763
2023 $4,930 $51,163 $4,400 $46,763
2022 $4,962 $51,163 $4,400 $46,763
2021 $4,962 $51,163 $4,400 $46,763
2020 $4,886 $51,163 $4,400 $46,763
2019 $4,604 $51,163 $4,400 $46,763
2018 $4,553 $51,163 $4,400 $46,763
2017 $4,553 $51,163 $4,400 $46,763
2016 -- $51,163 $4,400 $46,763
2015 -- $26,735 $4,400 $22,335
2014 -- $26,735 $4,400 $22,335
Source: Public Records

Agents Affiliated with this Home

  • Aggie Schoenberger

    Seller's Agent in 2014

    Aggie Schoenberger

    Castle Gate Realty

    (610) 379-3524

    8 in this area

    143 Total Sales

    Aggie Schoenberger
    Section Image
  • Hugh Dugan

    Buyer's Agent in 2014

    Hugh Dugan

    Hugh D. Dugan Real Estate Inc

    (610) 554-4864

    4 in this area

    112 Total Sales

    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 476388

Greater Lehigh Valley REALTORS®

APN: 105B1-42-R37

Pennsylvania Carbon County Nesquehoning 18240

134 W Railroad St Unit 136, Nesquehoning, PA

This home is located at 134 W Railroad St Unit 136, Nesquehoning, PA 18240 since 09 July 2014 and is currently estimated at $200,868. This property was built in 1940. 134 W Railroad St Unit 136 is a home located in Carbon County with nearby schools including Panther Valley Elementary School, Panther Valley Intermediate School, and Panther Valley Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Lehigh Valley REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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