NOT LISTED FOR SALE

23 S Main St Red Lion, PA 17356

Estimated Value: $121,831

1 Bed
2 Baths
2,346 Sq Ft
$52/Sq Ft Est. Value

Last Sold August 17, 2017

Last sale price $70,000 $30 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $872/month

115 Days on Market

About This Home

As of August 2017

Great potential income on this 2 unit in Red Lion. Store Front to be vacant 7/31/2017 for potential Owner Occupant. Apartment tenant (for 7 years) wants to remain at property. Minimal maintenance and hassle. Landlord pays water and sewer. Tenants responsible for remainder of utilities. Great income at projected rates.

Last Agent to Sell the Property

Jerry Brightbill

Coldwell Banker Realty Listed on: 03/27/2017

Last Buyer's Agent

Candice Nelson

Keller Williams Keystone Realty

Keller Williams Keystone Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,495

Lot Details

  • 2,178

Home Design

  • Brick Exterior Construction
  • Slate Roof

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • Red Lion Area Junior Middle School
  • Red Lion Area Senior High School

Utilities

  • Heating Available
  • Natural Gas Water Heater

Additional Features

  • Basement Fills Entire Space Under The House
  • 2,178 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for heat, electricity, utilities - some
  • The owner pays for real estate taxes
  • Assessor Parcel Number 67820000201200000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Red Lion Boro Subdivision

Building Details

  • Income includes apartment rentals
  • Insurance Expense $700
  • Operating Expense $3,513
  • Net Operating Income $11,487

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,495

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • New Construction: No
  • Remarks Public: Great potential income on this 2 unit in Red Lion. Store Front to be vacant 7/31/2017 for potential Owner Occupant. Apartment tenant (for 7 years) wants to remain at property. Minimal maintenance and hassle. Landlord pays water and sewer. Tenants responsible for remainder of utilities. Great income at projected rates.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Street Number Modifier: 23

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Slate
  • 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, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Natural Gas, Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 480.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: RED LION AREA
  • Middle School: RED LION AREA JUNIOR
  • High School: RED LION AREA SENIOR
  • School District Key: 300200396796
  • High School: RED LION AREA SENIOR
  • Middle Or Junior School: RED LION AREA JUNIOR

Lot Info

  • Lot Size Acres: 0.05
  • Zoning Description: Commercial
  • In City Limits: Yes

Rental Info

  • Owner Pays: Taxes - Real Estate
  • Tenant Pays: Heat, Electricity, Utilities - Some
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10903816
  • School Tax: 1113.00
  • Assessor Parcel Number: 67820000201200000000
  • County Tax Payment Frequency: Annually
  • Close Date: 08/17/2017

Multi Family

  • Gross Income: 15000.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 3513.00
  • Other Units: Unit 1,Unit 4

MLS Schools

  • School District Name: RED LION AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2017
Closed on
Aug 17, 2017
Sold by
Hoke Stanley R and Hoke Audrey J
Bought by
Pham Hung and Pham Dung
Seller's Agent
Jerry Brightbill
Coldwell Banker Realty
Buyer's Agent
Candice Nelson
Keller Williams Keystone Realty
List Price
$89,900
Sold Price
$70,000
Premium/Discount to List
-$19,900
-22.14%
Current Estimated Value
$121,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,831
Avg. Annual Appreciation
7.15%

Purchase Details

Closed on
Feb 23, 2017
Sold by
Hoke Stanley R and Hoke Audrey J
Bought by
Hoke Stanley R and Hoke Audrey J

Purchase Details

Closed on
Aug 5, 2015
Sold by
Hoke Stanley R and Connolly Jennifer L
Bought by
Hoke Stanley R and Hoke Audrey J

Purchase Details

Listed on
Apr 25, 2014
Closed on
Sep 9, 2014
Sold by
Borromeo Joseph C
Bought by
Hoke Stanley R and Hoke Audrey J
Seller's Agent
Susan Nechamkin
Century 21 Dale Realty Co.
Buyer's Agent
Jerry Brightbill
Coldwell Banker Realty
List Price
$74,900
Sold Price
$60,000
Premium/Discount to List
-$14,900
-19.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%

Purchase Details

Listed on
Jul 25, 2012
Closed on
Feb 25, 2013
Sold by
Long Jay E and Long Tina M
Bought by
Borromeo Joseph C
Buyer's Agent
Jennie Jefferson
Q. Williams Real Estate Associates
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.57%

Purchase Details

Closed on
Jun 15, 2007
Sold by
Stenner Richard H and Stenner Margaret H
Bought by
Long Jay E and Long Tina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 2003
Sold by
Moore Malcolm D and Moore Rebecca E
Bought by
Stenner Richard H and Stenner Margaret H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,810
Interest Rate
5.91%
Mortgage Type
Commercial
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
Pham Hung $70,000 None Available
Hoke Stanley R -- None Available
Hoke Stanley R -- None Available
Hoke Stanley R $60,000 --
Borromeo Joseph C $53,545 None Available
Long Jay E $110,000 None Available
Stenner Richard H $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Long Jay E $88,000
Previous Owner Stenner Richard H $54,810
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2017 08/17/17 Sold $70,000 -22.1% $30 / Sq Ft
07/20/2017 07/20/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $89,900 +49.8% $38 / Sq Ft
09/09/2014 09/09/14 Sold $60,000 -19.9% $26 / Sq Ft
08/25/2014 08/25/14 Pending -- -- --
04/25/2014 04/25/14 For Sale $74,900 +49.8% $32 / Sq Ft
02/25/2013 02/25/13 Sold $50,000 -16.5% $21 / Sq Ft
12/03/2012 12/03/12 Pending -- -- --
07/25/2012 07/25/12 For Sale $59,900 -- $26 / 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 $2,495 $72,200 $11,340 $60,860
2024 $2,396 $72,200 $11,340 $60,860
2023 $2,396 $72,200 $11,340 $60,860
2022 $2,396 $72,200 $11,340 $60,860
2021 $2,338 $72,200 $11,340 $60,860
2020 $2,338 $72,200 $11,340 $60,860
2018 $1,612 $49,940 $11,340 $38,600
2017 $1,612 $49,940 $11,340 $38,600
2016 $0 $49,940 $11,340 $38,600
2015 -- $49,940 $11,340 $38,600
2014 -- $49,940 $11,340 $38,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002750653

Bright MLS

APN: 82-000-02-0120.00-00000