NOT LISTED FOR SALE

206 Riders Way Lebanon, PA 17042

Estimated Value: $246,000 - $337,000

-- Bed
2 Baths
2,440 Sq Ft
$117/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $300,000 $123 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,902/month

12 Days on Market

Highlights

  • Traditional Architecture
  • Luxury Vinyl Plank Tile Flooring
  • Forced Air Heating System

About This Home

As of September 2023

Very solid 2-Unit in great location. Easy access to Route 322, 72, and the PA Turnpike. Unit 206 rent is 1100 and tenants pay all utilities. Unit 208 has been completely remodeled and rents for 1700, with utilities paid by the tenant. New windows in both units, along with a new roof, and a new mini-split system to be installed for Unit 208 prior to closing. nice, easy rental unit!

Last Agent to Sell the Property

Reagan Kline

Kingsway Realty - Ephrata Listed on: 08/12/2023

Co-Listed By

Randal Kline

Kingsway Realty - Ephrata License #RM041524B

Last Buyer's Agent

Marcus Sensenig

Prime Home Real Estate, LLC License #RS325520

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,033

Year Built

  • Built in 1920

Lot Details

  • 0.29 Acre Lot
  • Property is in good condition

Home Design

  • 2,440 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Block Foundation
  • Plaster Walls
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Parking

  • 4 Parking Spaces
  • 4 Off-Street Spaces
  • On-Street Parking

Utilities

  • Ductless Heating Or Cooling System
  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Oil Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • The owner pays for real estate taxes
  • Assessor Parcel Number 34-2335870-346498-0000

Community Details

Overview

  • 2 Units
  • North Cornwall Township Subdivision

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,033

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, Fridge, Oven, Dishwasher of 208.
  • New Construction: No
  • Expected On Market: 2023-08-12
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Carpet, Luxury Vinyl Plank
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2440
  • Living Area Sq Ft: 2440
  • Price Per Sq Ft: 130.74
  • Above Grade Finished Sq Ft: 2440
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 206/208

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, 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, On Street
  • Off Street Parking Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split, Window Unit(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil, Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric, Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: CORNWALL-LEBANON
  • School District Key: 300200397385
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.29
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12632.00
  • Property Condition: Good
  • Year Assessed: 2023
  • Zoning: R2 - MEDIUM DENSITY

Rental Info

  • Owner Pays: Taxes - Real Estate
  • Total Actual Rent: 33600.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 2319.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3033.00
  • Assessor Parcel Number: 34-2335870-346498-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 09/20/2023

Multi Family

  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: CORNWALL-LEBANON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2023
Closed on
Sep 20, 2023
Sold by
Sunnyside Re Enterprise Llc
Bought by
Hursh Roger
Seller's Agent
Reagan Kline
Kingsway Realty - Ephrata
Buyer's Agent
Marcus Sensenig
Prime Home Real Estate, LLC
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%
Views
146
Current Estimated Value
$296,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,405
Avg. Annual Appreciation
-1.57%
Original Mortgage
$240,000
Outstanding Balance
$236,249
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$54,930

Purchase Details

Closed on
Jun 5, 2023
Sold by
La Demijo Investments Inc
Bought by
Sunnyside Re Enterprise Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2021
Sold by
Wolf Frederick S and Wolf Victoria J
Bought by
The Wolf Trust
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
Hursh Roger $300,000 None Listed On Document
Sunnyside Re Enterprise Llc $175,000 None Listed On Document
La Dernijo Investments Inc $160,000 None Listed On Document
The Wolf Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hursh Roger $240,000
Previous Owner Sunnyside Re Enterprise Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2023 09/20/23 Sold $300,000 -6.0% $123 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/21/2023 08/21/23 Price Changed $319,000 -3.3% $131 / Sq Ft
08/16/2023 08/16/23 Price Changed $329,900 -5.7% $135 / Sq Ft
08/12/2023 08/12/23 For Sale $350,000 -- $143 / 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 $3,335 $138,800 $24,000 $114,800
2024 $3,033 $138,800 $24,000 $114,800
2023 $3,033 $138,800 $24,000 $114,800
2022 $2,947 $138,800 $24,000 $114,800
2021 $2,801 $138,800 $24,000 $114,800
2020 $2,779 $138,800 $24,000 $114,800
2019 $2,721 $138,800 $24,000 $114,800
2018 $2,671 $138,800 $24,000 $114,800
2017 $631 $147,800 $24,000 $123,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALN2011122

Bright MLS

APN: 34-2335870-346498-0000