NOT LISTED FOR SALE

Estimated Value: $187,000 - $288,000

-- Bed
2 Baths
2,618 Sq Ft
$87/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $159,900 $61 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,498/month

33 Days on Market

Highlights

  • Traditional Architecture
  • Balcony
  • More Than Two Accessible Exits
  • No HOA
  • Porch
  • 4-minute walk to Walnut Street Park

About This Home

As of November 2021

This home is located at 23 S 2nd St, Lebanon, PA 17042 since 03 July 2021 and is currently estimated at $227,333, approximately $86 per square foot. This property was built in 1895. 23 S 2nd St is a home located in Lebanon County with nearby schools including Southeast Elementary School, Lebanon Intermediate School, and Lebanon Senior High School.

Last Agent to Sell the Property

Frank Tomecek, Jr.

RE/MAX Cornerstone License #RM424564 Listed on: 07/03/2021

Co-Listed By

Zach Anderson

RE/MAX Cornerstone

Last Buyer's Agent

Kimberly Boltz

RE/MAX Pinnacle

RE/MAX Pinnacle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,856

Year Built

  • Built in 1895

Lot Details

  • 2,178

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,618 Sq Ft Home
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Heating System Uses Oil
  • Hot Water Heating System
  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • 2,178 Sq Ft Lot

Listing and Financial Details

  • The owner pays for real estate taxes, trash collection, water, sewer, insurance
  • Assessor Parcel Number 01-2340720-369281-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 3-Story Building

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals
  • Insurance Expense $1,086
  • Other Expense $768
  • Trash Expense $384
  • Operating Expense $6,314
  • Gross Income $19,200
  • Net Operating Income $12,886

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,856

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 768.00
  • Year Built: 1895
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Room Count: 8
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2618
  • Living Area Sq Ft: 2618
  • Price Per Sq Ft: 61.08
  • Above Grade Finished Sq Ft: 2618
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 23

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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
  • Heating Fuel: Oil, Electric
  • Heating Type: Hot Water, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: LEBANON
  • School District Key: 300200397291
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 88400.00
  • Land Assessed Value: 8100.00
  • Land Use Code: 103
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Outdoor Living Structures: Balcony, Porch(es)
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Long Term
  • Owner Pays: Taxes - Real Estate, Trash Collection, Water, Sewer, Insurance
  • Total Actual Rent: 19200.00
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10306218
  • School Tax: 2096.00
  • Tax Annual Amount: 2856.00
  • Assessor Parcel Number: 01-2340720-369281-0000
  • Tax Total Finished Sq Ft: 2618
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 11/15/2021

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 19200.00
  • Gross Scheduled Income: 19200.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 6314.00
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: LEBANON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2021
Closed on
Nov 15, 2021
Sold by
Lebanon Rentals Llc
Bought by
Lamkin Allen
Seller's Agent
Frank Tomecek, Jr.
RE/MAX Cornerstone
Buyer's Agent
Kimberly Boltz
RE/MAX Pinnacle
List Price
$159,900
Sold Price
$159,900
Current Estimated Value
$227,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,433
Avg. Annual Appreciation
9.38%
Original Mortgage
$163,577
Outstanding Balance
$151,947
Interest Rate
3.09%
Mortgage Type
VA
Estimated Equity
$72,053

Purchase Details

Listed on
Aug 24, 2012
Closed on
Nov 26, 2012
Sold by
Copenhaver George W
Bought by
Lebanon Rentals Llc
Buyer's Agent
Frank Tomecek, Jr.
RE/MAX Cornerstone
List Price
$79,900
Sold Price
$55,000
Premium/Discount to List
-$24,900
-31.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.62%
Original Mortgage
$44,000
Interest Rate
2.68%
Mortgage Type
Purchase Money Mortgage
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
Lamkin Allen $159,900 Capital Settlement Group
Lebanon Rentals Llc $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamkin Allen $163,577
Previous Owner Lebanon Rentals Llc $44,000
Previous Owner Copenhaver George W $17,000
Previous Owner Copenhaver George W $20,000
Previous Owner Copenhaver George W $24,088
Previous Owner Copenhaver George W $218,000
Previous Owner Copenhaver George W $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $159,900 0.0% $61 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
07/03/2021 07/03/21 For Sale $159,900 +190.7% $61 / Sq Ft
11/26/2012 11/26/12 Sold $55,000 -31.2% $21 / Sq Ft
10/03/2012 10/03/12 Pending -- -- --
08/24/2012 08/24/12 For Sale $79,900 -- $31 / 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 $3,109 $96,500 $8,100 $88,400
2024 $2,962 $96,500 $8,100 $88,400
2023 $2,962 $96,500 $8,100 $88,400
2022 $2,914 $96,500 $8,100 $88,400
2021 $2,814 $96,500 $8,100 $88,400
2020 $2,814 $96,500 $8,100 $88,400
2019 $2,774 $96,500 $8,100 $88,400
2018 $2,694 $96,500 $8,100 $88,400
2017 $760 $96,500 $8,100 $88,400
2016 $2,622 $96,500 $8,100 $88,400
2015 $1,802 $96,500 $8,100 $88,400
2014 $1,802 $96,500 $8,100 $88,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALN2000382

Bright MLS

APN: 01-2340720-369281-0000