NOT LISTED FOR SALE

144 W Main Ave Myerstown, PA 17067

Estimated Value: $201,000 - $238,000

-- Bed
1 Bath
2,672 Sq Ft
$82/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $128,000 $48 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,470/month

29 Days on Market

About This Home

As of August 2018

Great Investment Opportunity! This large fully occupied and completely remolded duplex offers 1400+ square feet per unit with all utilities separated and paid by tenants. Both sides are 3 Bedrooms and have newer natural gas furnaces and first floor laundry hook-up. There is a large deck in the back for tenants to enjoy and large yard with off street parking. All tenants want to stay and will provide the new owner cash flow from day one. Don't miss out on this turn-key property with its 11+% potential CAP rate.

Last Agent to Sell the Property

Jonathan Wyse

Coldwell Banker Realty License #RS322524 Listed on: 06/13/2018

Coldwell Banker Realty

Last Buyer's Agent

Michelle Kleinfelter

Iron Valley Real Estate License #RS338994

Iron Valley Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,711

Year Built

  • Built in 1940

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • 2,672 Sq Ft Home
  • Duplex
  • Vinyl Siding

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 15-2370226-382736-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,711

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Remarks Public: Great Investment Opportunity! This large fully occupied and completely remolded duplex offers 1400+ square feet per unit with all utilities separated and paid by tenants. Both sides are 3 Bedrooms and have newer natural gas furnaces and first floor laundry hook-up. There is a large deck in the back for tenants to enjoy and large yard with off street parking. All tenants want to stay and will provide the new owner cash flow from day one. Don't miss out on this turn-key property with its 11+% potential CAP rate.
  • Special Features: None

Interior Features

  • Room Count: 6
  • Total Sq Ft: 2672
  • Living Area Sq Ft: 2672
  • Price Per Sq Ft: 51.98
  • Above Grade Finished Sq Ft: 2672
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 142/144

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • 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 Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • 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: 106400.00
  • Land Assessed Value: 20600.00
  • Lot Size Acres: 0.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Zoning: MULTI FAMILY

Rental Info

  • Number Of Units Month To Month: 2
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10317460
  • School Tax: 1938.00
  • Tax Annual Amount: 2711.00
  • Assessor Parcel Number: 15-2370226-382736-0000
  • Tax Total Finished Sq Ft: 1336
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 08/24/2018

MLS Schools

  • School District Name: EASTERN LEBANON COUNTY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2018
Closed on
Aug 24, 2018
Sold by
Wyse Jonathan and Wyse Sarah
Bought by
Hoover Chester M
Seller's Agent
Jonathan Wyse
Coldwell Banker Realty
Buyer's Agent
Michelle Kleinfelter
Iron Valley Real Estate
List Price
$139,900
Sold Price
$128,000
Premium/Discount to List
-$11,900
-8.51%
Current Estimated Value
$219,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,141
Avg. Annual Appreciation
8.17%
Original Mortgage
$96,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2013
Sold by
Graby Michael C and Graby Rachel S
Bought by
Wyse Jonathan and Wyse Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,250
Interest Rate
3.54%
Mortgage Type
New Conventional
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
Hoover Chester M $128,000 None Available
Wyse Jonathan $131,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoover Chester M $157,900
Closed Hoover Chester M $96,000
Previous Owner Wyse Jonathan $98,250
Previous Owner Graby Michael C $103,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2018 08/24/18 Sold $128,000 -7.8% $48 / Sq Ft
07/12/2018 07/12/18 Pending -- -- --
06/26/2018 06/26/18 Price Changed $138,900 -0.7% $52 / Sq Ft
06/13/2018 06/13/18 For Sale $139,900 -- $52 / 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 $3,317 $127,000 $20,600 $106,400
2024 $3,091 $127,000 $20,600 $106,400
2023 $3,057 $127,000 $20,600 $106,400
2022 $2,995 $127,000 $20,600 $106,400
2021 $2,874 $127,000 $20,600 $106,400
2020 $2,722 $127,000 $20,600 $106,400
2019 $2,711 $127,000 $20,600 $106,400
2018 $2,668 $127,000 $20,600 $106,400
2017 $418 $127,000 $20,600 $106,400
2016 $2,464 $127,000 $20,600 $106,400
2015 -- $127,000 $20,600 $106,400
2014 -- $160,500 $20,600 $139,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001843760

Bright MLS

APN: 15-2370226-382736-0000