NOT LISTED FOR SALE

237 W Broadway Red Lion, PA 17356

Estimated Value: $170,000 - $222,000

-- Bed
2 Baths
2,220 Sq Ft
$86/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $167,500 $75 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,289/month

6 Days on Market

Highlights

  • Doors swing in
  • Hot Water Heating System
  • 3-minute walk to Fairmount Park

About This Home

As of June 2024

2 Unit Investment Property! This property is an opportunity to own a fully rented 2 unit home that is currently fully occupied. The tenants have both been here for 9 and 14 years respectively. The downstairs unit is a 1 bedroom unit with a large living room, large bedroom, kitchen and full bathroom with its own designated laundry area. The upstairs unit is 3 bedrooms, living room, office or dining room area, full bathroom and kitchen. The upstairs unit also has its own designated laundry area. Both units have separate utilities and tenants currently maintain the lawn and handle snow removal. Don't miss your opportunity to own this income producing 2 unit property.

Last Agent to Sell the Property

Gregory Jean

Keller Williams Keystone Realty Listed on: 05/10/2024

Keller Williams Keystone Realty

Last Buyer's Agent

Cameron Callahan

RE/MAX Patriots License #RS362428

RE/MAX Patriots

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,660

Year Built

  • Built in 1903

Lot Details

  • 5,728

Home Design

  • 2,220 Sq Ft Home
  • Duplex
  • Side-by-Side
  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation

Parking

  • 12 Parking Spaces
  • 6 Driveway Spaces
  • 6 Off-Street Spaces

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater

Additional Features

  • Doors swing in
  • 5,728 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 0326
  • Assessor Parcel Number 82-000-05-0326-00-00000

Community Details

Overview

  • 2 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,729
  • Trash Expense $700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,660

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Side-By-Side
  • Accessibility Features: Doors - Swing In
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-05-10
  • Year Built: 1903
  • Automatically Close On Close Date: No
  • Remarks Public: 2 Unit Investment Property! This property is an opportunity to own a fully rented 2 unit home that is currently fully occupied. The tenants have both been here for 9 and 14 years respectively. The downstairs unit is a 1 bedroom unit with a large living room, large bedroom, kitchen and full bathroom with its own designated laundry area. The upstairs unit is 3 bedrooms, living room, office or dining room area, full bathroom and kitchen. The upstairs unit also has its own designated laundry area. Both units have separate utilities and tenants currently maintain the lawn and handle snow removal. Don't miss your opportunity to own this income producing 2 unit property.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone, Brick/Mortar
  • Room Count: 10
  • Total Sq Ft: 2220
  • Living Area Sq Ft: 2220
  • Price Per Sq Ft: 78.78
  • Above Grade Finished Sq Ft: 2220
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 237

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
  • Total Garage And Parking Spaces: 12
  • Type Of Parking: Off Street, Driveway
  • Number of Spaces in Driveway: 6
  • Off Street Parking Spaces: 6

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: RED LION AREA
  • School District Key: 300200396796
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 122
  • Lot Size Acres: 0.13
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5728.00
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Total Actual Rent: 17410.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 1786.00
  • Tax Annual Amount: 2660.00
  • Assessor Parcel Number: 82-000-05-0326-00-00000
  • Tax Lot: 0326
  • Tax Total Finished Sq Ft: 2220
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/03/2024

Multi Family

  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: RED LION AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Jun 3, 2024
Sold by
Ness Jared L and Ness Lindy R
Bought by
Railroad Ties Llc
Seller's Agent
Gregory Jean
Keller Williams Keystone Realty
Buyer's Agent
Cameron Callahan
RE/MAX Patriots
List Price
$174,900
Sold Price
$167,500
Premium/Discount to List
-$7,400
-4.23%
Views
44
Current Estimated Value
$191,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,141
Avg. Annual Appreciation
8.32%
Original Mortgage
$167,500
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2005
Sold by
Humbert Barry S and Humbert Joan M
Bought by
Ness Jared L and Ness Lindy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,210
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 6, 1995
Bought by
Humbert Barry S and Humbert Joan 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
Railroad Ties Llc $167,500 None Listed On Document
Ness Jared L $86,900 --
Humbert Barry S $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Railroad Ties Llc $192,000
Closed Railroad Ties Llc $167,500
Previous Owner Ness Jared L $78,210
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $167,500 -4.2% $75 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
05/10/2024 05/10/24 For Sale $174,900 -- $79 / 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 $2,771 $80,180 $25,370 $54,810
2024 $2,660 $80,180 $25,370 $54,810
2023 $2,660 $80,180 $25,370 $54,810
2022 $2,660 $80,180 $25,370 $54,810
2021 $2,596 $80,180 $25,370 $54,810
2020 $2,596 $80,180 $25,370 $54,810
2019 $2,588 $80,180 $25,370 $54,810
2018 $2,588 $80,180 $25,370 $54,810
2017 $2,588 $80,180 $25,370 $54,810
2016 $0 $80,180 $25,370 $54,810
2015 -- $80,180 $25,370 $54,810
2014 -- $80,180 $25,370 $54,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAYK2060558

Bright MLS

APN: 82-000-05-0326.00-00000