NOT LISTED FOR SALE

223 State St Middletown, PA 17057

Estimated Value: $108,000 - $171,000

-- Bed
1 Bath
1,176 Sq Ft
$122/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $133,000 $113 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $921/month

Highlights

  • Attic
  • Porch
  • 2-minute walk to Colston Park
  • No HOA
  • Forced Air Heating System

About This Home

As of October 2017

Investment opportunity with 10% cap rate in Middletown Borough. Both units rented! Tenants pay heat, electric, trash and mow yard. These homes have 3 bedroom each and 1 full bath in each and half bath in 223. Living Sq. ft unit 221- 1134sqf unit 223 - 1176sqf. 221 has been repainted and new carpet installed.

Last Agent to Sell the Property

Tyler Smith

(717) 575-9955 tylersmith17022@gmail.com Realty ONE Group Unlimited License #RS271957 Listed on: 08/25/2017

Realty ONE Group Unlimited

Last Buyer's Agent

Gregory Grogan

(717) 951-2565 GregGrogan@Comcast.net RE/MAX Pinnacle License #RS273228

RE/MAX Pinnacle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,876

Year Built

  • Built in 1900

Lot Details

  • 4,792

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Composition Roof
  • Metal Roof
  • Aluminum Siding

Schools

  • Middletown Area High School

Utilities

  • Forced Air Heating System
  • 200+ Amp Service

Additional Features

  • Porch
  • 4,792 Sq Ft Lot
  • Attic

Listing and Financial Details

  • Tenant pays for electricity, heat, hot water
  • Assessor Parcel Number 400050610000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Insurance Expense $743
  • Maintenance Expense $500
  • Net Operating Income $13,821

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,876

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: Investment opportunity with 10% cap rate in Middletown Borough. Both units rented! Tenants pay heat, electric, trash and mow yard. These homes have 3 bedroom each and 1 full bath in each and half bath in 223. Living Sq. ft unit 221- 1134sqf unit 223 - 1176sqf. 221 has been repainted and new carpet installed.
  • Special Features: None

Interior Features

  • Interior Amenities: Attic
  • Fireplace: No
  • Street Number Modifier: 221/223

Exterior Features

  • Construction Materials: Aluminum Siding
  • Construction Completed: No
  • Roof: Composite, Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 200+ Amp Service
  • Heating Type: Electric, Forced Air
  • Heating: Yes
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: MIDDLETOWN AREA
  • High School: MIDDLETOWN AREA HIGH SCHOOL
  • School District Key: 300200396875
  • High School: MIDDLETOWN AREA HIGH SCHOOL

Lot Info

  • Lot Size Acres: 0.11
  • Outdoor Living Structures: Porch(es)
  • Property Attached Yn: Yes

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Heat, Hot Water
  • Vacation Rental: No

Multi Family

  • Gross Income: 19740.00
  • Metering: Fully Separate
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

Tax Info

  • Assessor Parcel Number: 10586628
  • Tax Annual Amount: 2876.00
  • Assessor Parcel Number: 400050610000000
  • Tax Year: 2017
  • Close Date: 10/31/2017

MLS Schools

  • School District Name: MIDDLETOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2023
Sold by
Nissley Jamie L and Nissley Katie E
Bought by
Fuhrman Shawn K and Fuhrman Erin E
Current Estimated Value
$143,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,156
Outstanding Balance
$144,601
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
-$786

Purchase Details

Listed on
Aug 25, 2017
Closed on
Oct 31, 2017
Sold by
Anthony Cortes
Bought by
Nissley Jamie
Seller's Agent
Tyler Smith
Realty ONE Group Unlimited
Buyer's Agent
Gregory Grogan
RE/MAX Pinnacle
List Price
$136,900
Sold Price
$133,000
Premium/Discount to List
-$3,900
-2.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.98%
Original Mortgage
$88,900
Interest Rate
3.94%
Source: Public Records

Range of Values:

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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
Fuhrman Shawn K $198,875 --
Nissley Jamie $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fuhrman Shawn K $149,156
Previous Owner Nissley Jamie $88,900
Previous Owner Nissley Jamie --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2017 10/31/17 Sold $133,000 -2.8% $113 / Sq Ft
09/01/2017 09/01/17 Pending -- -- --
08/25/2017 08/25/17 For Sale $136,900 -- $116 / 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 $1,933 $43,600 $16,600 $27,000
2024 $1,828 $43,600 $16,600 $27,000
2023 $1,798 $43,600 $16,600 $27,000
2022 $1,732 $43,600 $16,600 $27,000
2021 $1,660 $43,600 $16,600 $27,000
2020 $1,622 $43,600 $16,600 $27,000
2019 $1,444 $43,600 $16,600 $27,000
2018 $1,511 $43,600 $16,600 $27,000
2017 $1,511 $43,600 $16,600 $27,000
2016 $0 $43,600 $16,600 $27,000
2015 -- $43,600 $16,600 $27,000
2014 -- $43,600 $16,600 $27,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002666073

Bright MLS

APN: 40-005-061