NOT LISTED FOR SALE

226 W Main Ave Myerstown, PA 17067

Estimated Value: $187,000 - $247,782

-- Bed
2 Baths
1,978 Sq Ft
$111/Sq Ft Est. Value

Last Sold June 17, 2015

Last sale price $61,000 $31 Per Sq Ft

Est. 261% increase in value since last sale

Current estimated payment $1,437/month

About This Home

As of June 2015

Fixer-Upper Two-Unit in Myerstown.Motivated Seller, will entertain reasonable offers. Great opportunity to build equity right off the bat. Some work already completed. Uninstalled kitchen cabinets remain as well as sink, range hood and faucet. Home has been rewired. Home has not heat or water heaters. Hm has been rewired for baseboard heat.

Last Agent to Sell the Property

Jack Fry

(610) 693-5263 jfry@goberkscounty.com RE/MAX Of Reading License #RM028607C Listed on: 03/11/2015

RE/MAX Of Reading

Last Buyer's Agent

Wendy Wills

(717) 202-5485 wmease@kw.com Keller Williams Elite License #AB066874

Keller Williams Elite

Property Details

Home Type

  • Multi-Family

Lot Details

  • 5,227 Sq Ft Lot
  • Property is in below average condition

Parking

  • Off-Street Parking

Home Design

  • Converted Dwelling
  • Poured Concrete
  • Shingle Roof
  • Composition Roof
  • Aluminum Siding
  • Asphalt

Attic

  • Storage In Attic

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Dirt Floor

Utilities

  • Heating Available

Listing and Financial Details

  • Tenant pays for hot water, electricity
  • Assessor Parcel Number 15-2369634-382677

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Storage: Attic, Basement
  • Remarks Public: Fixer-Upper Two-Unit in Myerstown.Motivated Seller, will entertain reasonable offers. Great opportunity to build equity right off the bat. Some work already completed. Uninstalled kitchen cabinets remain as well as sink, range hood and faucet. Home has been rewired. Home has not heat or water heaters. Hm has been rewired for baseboard heat.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Dirt Floor, Full, Outside Entrance
  • Street Number Modifier: 226

Exterior Features

  • Construction Materials: Aluminum Siding, Asphalt
  • Construction Completed: No
  • Roof: Composite, Shingle
  • 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
  • Electric Service: Circuit Breakers
  • Heating Type: Electric, Oil
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: EASTERN LEBANON COUNTY
  • School District Key: 300200397444

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 5227
  • Property Condition: Below Average
  • Zoning: RES
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Hot Water, Electricity
  • Vacation Rental: No

Tax Info

  • School Tax: 1695.57
  • Tax Annual Amount: 2224.64
  • Assessor Parcel Number: 15-2369634-382677
  • County Tax Payment Frequency: Annually
  • Close Date: 06/17/2015

Multi Family

  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: EASTERN LEBANON COUNTY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2015
Closed on
Jun 17, 2015
Sold by
Wessner Ross W and Wessner Shelly M
Bought by
Lerch Terry R
Seller's Agent
Jack Fry
RE/MAX Of Reading
Buyer's Agent
Wendy Wills
Keller Williams Elite
List Price
$75,000
Sold Price
$61,000
Premium/Discount to List
-$14,000
-18.67%
Current Estimated Value
$219,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,946
Avg. Annual Appreciation
13.26%
Original Mortgage
$35,000
Outstanding Balance
$30,861
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$189,085

Purchase Details

Closed on
Feb 23, 2015
Sold by
Burkholder Eugene and Burkholder Milagros
Bought by
Wessner Ross W and Wessner Shelly M

Purchase Details

Closed on
Aug 16, 2011
Sold by
Burkholder Eugene B
Bought by
Burkholder Eugene B and Burkholder Milagros M
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
Lerch Terry R $61,000 None Available
Wessner Ross W -- None Available
Burkholder Eugene B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lerch Terry R $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2015 06/17/15 Sold $61,000 -18.7% $31 / Sq Ft
06/02/2015 06/02/15 Pending -- -- --
03/11/2015 03/11/15 For Sale $75,000 -- $38 / 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 $3,249 $124,400 $20,300 $104,100
2024 $3,028 $124,400 $20,300 $104,100
2023 $2,995 $124,400 $20,300 $104,100
2022 $2,934 $124,400 $20,300 $104,100
2021 $2,815 $124,400 $20,300 $104,100
2020 $2,667 $124,400 $20,300 $104,100
2019 $2,655 $124,400 $20,300 $104,100
2018 $2,613 $124,400 $20,300 $104,100
2017 $410 $124,400 $20,300 $104,100
2016 $2,414 $124,400 $20,300 $104,100
2015 -- $124,400 $20,300 $104,100
2014 -- $124,400 $20,300 $104,100
Source: Public Records

Agents Affiliated with this Home

  • Jack Fry

    Seller's Agent in 2015

    Jack Fry

    RE/MAX of Reading

    (610) 693-5263

    30 Total Sales

    Jack Fry
    Section Image
  • Wendy Wills

    Buyer's Agent in 2015

    Wendy Wills

    Keller Williams Elite

    (717) 202-5485

    97 Total Sales

    Wendy Wills
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002734921

Bright MLS

APN: 15-2369634-382677-0000

Pennsylvania Lebanon County Myerstown 17067

226 W Main Ave, Myerstown, PA

This home is located at 226 W Main Ave, Myerstown, PA 17067 since 11 March 2015 and is currently estimated at $219,946, approximately $111 per square foot. 226 W Main Ave is a home located in Lebanon County with nearby schools including Eastern Lebanon County Senior High School, Stony Ridge Parochial School, and Myerstown Mennonite School.

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