NOT LISTED FOR SALE

Estimated Value: $603,000

-- Bed
2 Baths
10,994 Sq Ft
$55/Sq Ft Est. Value

Last Sold March 22, 2018

Last sale price $335,000 $30 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,318/month

Highlights

  • No HOA
  • Central Air
  • Laundry Facilities
  • En-Suite Primary Bedroom
  • Hot Water Heating System
  • 3-minute walk to Island Park Complex

About This Home

As of March 2018

Investment Opportunity!! Former Church converted into 5 separate townhouses. Building consists of one 3 bedroom/ 2 bath unit, three 4 bedroom/ 2 bath units, and one 6 bedroom/ 3 bath unit. Six bedroom unit was converted into 3 rentals with a shared kitchen. Upper floor unit is a 3 room, one bath rental. The lower level is also a separate 3 room rental with a bath and its own entrance. The main floor offers a one bedroom rental. All tenants in this unit have their own bath and share a full kitchen and a common area living room with a flat screen TV. The 3 & 4 bedroom units are a one familial rentals and tenants pay their own electric. Tenants in the boarding house unit pay one all-inclusive rate. Owner pays for water, sewer and trash for all units. All of the townhouses are in very good condition and fully occupied. Newer HVAC in all units. On-site coin operated laundry for additional income. Parking lot is solely for tenants. Quiet location in the borough of Schuylkill Haven off Route 61. Bus stop in front of building. Within walking distance to Penn State campus. Minutes from Lowes, Walmart, Cabellas and I-78. Low real estate taxes add to the great amenities included in this investment opportunity. Note: Annual electric expenses includes expenses for trash, electric, sewer/water. Also included is basic cable for unit 6. Unit one is the Laundry facility.

Last Agent to Sell the Property

James Dietrich

(267) 767-0605 jdietrich@remax440.com Realty One Group Supreme License #RM424571 Listed on: 06/09/2017

Realty One Group Supreme

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,382

Year Built

  • Built in 1930

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 53x64
  • Property is in good condition

Home Design

  • 10,994 Sq Ft Home
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Parking

  • Private Parking
  • Parking Lot

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Hot Water Heating System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 347(6)
  • Assessor Parcel Number 63-03-0347.006

Community Details

Building Details

  • Electric Expense $12,186
  • Insurance Expense $2,601
  • Maintenance Expense $1,248
  • Operating Expense $17,417

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,382

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1930
  • Remarks Public: Investment Opportunity!! Former Church converted into 5 separate townhouses. Building consists of one 3 bedroom/ 2 bath unit, three 4 bedroom/ 2 bath units, and one 6 bedroom/ 3 bath unit. Six bedroom unit was converted into 3 rentals with a shared kitchen. Upper floor unit is a 3 room, one bath rental. The lower level is also a separate 3 room rental with a bath and its own entrance. The main floor offers a one bedroom rental. All tenants in this unit have their own bath and share a full kitchen and a common area living room with a flat screen TV. The 3 & 4 bedroom units are a one familial rentals and tenants pay their own electric. Tenants in the boarding house unit pay one all-inclusive rate. Owner pays for water, sewer and trash for all units. All of the townhouses are in very good condition and fully occupied. Newer HVAC in all units. On-site coin operated laundry for additional income. Parking lot is solely for tenants. Quiet location in the borough of Schuylkill Haven off Route 61. Bus stop in front of building. Within walking distance to Penn State campus. Minutes from Lowes, Walmart, Cabellas and I-78. Low real estate taxes add to the great amenities included in this investment opportunity. Note: Annual electric expenses includes expenses for trash, electric, sewer/water. Also included is basic cable for unit 6. Unit one is the Laundry facility.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 10994
  • Living Area Sq Ft: 10994
  • Price Per Sq Ft: 31.83
  • Above Grade Finished Sq Ft: 10994
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 208

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Private
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Expense: 12186.00
  • Heating Fuel: Electric
  • Heating Type: Electric, Heat Pump - Electric Backup, Hot Water
  • 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

  • School District: SCHUYLKILL HAVEN AREA
  • School District Key: 300200397116

Lot Info

  • Improvement Assessed Value: 20115.00
  • Land Assessed Value: 3000.00
  • Land Use Code: 106
  • Lot Size Acres: 0.08
  • Lot Dimensions: 53X64
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3485.00
  • Property Condition: Good
  • Zoning: R-2

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 57300.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
  • Single Room Units Count: 1

Tax Info

  • Assessor Parcel Number: 9660878
  • Tax Annual Amount: 1382.00
  • Assessor Parcel Number: 63-03-0347.006
  • Tax Lot: 347(6)
  • Tax Year: 2017
  • Close Date: 03/22/2018

MLS Schools

  • School District Name: SCHUYLKILL HAVEN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2017
Closed on
Mar 22, 2018
Sold by
Tin Roof Group Llc
Bought by
208 Dock St Inc
Seller's Agent
James Dietrich
Realty One Group Supreme
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%
Current Estimated Value
$603,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,000
Avg. Annual Appreciation
7.36%
Original Mortgage
$325,000
Outstanding Balance
$281,627
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$290,373

Purchase Details

Closed on
Mar 22, 2012
Sold by
Mark Investment Group Llc
Bought by
Tin Roof Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
3.88%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 7, 2009
Sold by
Honis John J and Honis Carol J
Bought by
Remark Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.18%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
208 Dock St Inc $335,000 None Available
Tin Roof Group Llc $585,000 None Available
Remark Investment Group Llc $8,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 208 Dock St Inc $325,000
Previous Owner Tin Roof Group Llc $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2018 03/22/18 Sold $335,000 -4.3% $30 / Sq Ft
02/19/2018 02/19/18 Pending -- -- --
06/09/2017 06/09/17 For Sale $349,900 0.0% $32 / Sq Ft
10/17/2014 10/17/14 Rented $750 0.0% --
10/03/2014 10/03/14 Under Contract -- -- --
08/18/2014 08/18/14 For Rent $750 +11.1% --
05/23/2014 05/23/14 Rented $675 -22.9% --
03/08/2014 03/08/14 Under Contract -- -- --
08/01/2013 08/01/13 For Rent $875 -- --
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 $1,454 $20,690 $3,000 $17,690
2024 $1,337 $20,690 $3,000 $17,690
2023 $1,337 $20,690 $3,000 $17,690
2022 $1,295 $20,690 $3,000 $17,690
2021 $1,307 $20,690 $3,000 $17,690
2020 $1,307 $20,690 $3,000 $17,690
2018 $1,290 $20,690 $3,000 $17,690
2017 $1,240 $20,690 $3,000 $17,690
2015 -- $20,690 $3,000 $17,690
2011 -- $20,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000268303

Bright MLS

APN: 63-03-0347.004