NOT LISTED FOR SALE

240 S 6th St Lebanon, PA 17042

Estimated Value: $203,000 - $231,000

-- Bed
2 Baths
1,562 Sq Ft
$139/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $168,000 $108 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,424/month

Highlights

  • No HOA
  • Hot Water Heating System
  • 5-minute walk to S. Sixth St Playground
  • Central Air

About This Home

As of August 2021

Great 3 unit property investment opportunity! APT 1 - First floor has a bedroom/Livingroom in the front, bath and kitchen in the rear, with a laundry in the basement, this apartment has its own central air unit with electric heat and ac, and electric hot water. APT 2 - second floor has a living room in the front, bedroom in the center, bathroom and kitchen in the rear with a bonus room upstairs that could be used as a bedroom. The heat and hot water are oil APT 3 - behind the main house is a detached building housing the 3rd unit ,the bed and bath are upstairs, kitchen and Livingroom are on the main level. Heat and hot water are natural gas. Tenants each pay their own utilities except water, sewer, and trash

Last Agent to Sell the Property

Gregory Martin

(717) 277-1003 gregorymart@icloud.com Bold Realty Listed on: 05/12/2021

Bold Realty

Last Buyer's Agent

Gregory Martin

(717) 277-1003 gregorymart@icloud.com Bold Realty Listed on: 05/12/2021

Bold Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,948

Year Built

  • Built in 1920

Lot Details

  • 1,742 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Side-by-Side
  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 1,562 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Oil Water Heater
  • Public Septic

Listing and Financial Details

  • The owner pays for water, trash collection, sewer, repairs, insurance, pest control
  • Assessor Parcel Number 01-2339117-367994-0000

Community Details

Overview

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

Building Details

  • Gross Income $17,700
  • Net Operating Income $13,048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,948

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: all appliances
  • New Construction: No
  • Expected On Market: 2021-05-12
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: Great 3 unit property investment opportunity! APT 1 - First floor has a bedroom/Livingroom in the front, bath and kitchen in the rear, with a laundry in the basement, this apartment has its own central air unit with electric heat and ac, and electric hot water. APT 2 - second floor has a living room in the front, bedroom in the center, bathroom and kitchen in the rear with a bonus room upstairs that could be used as a bedroom. The heat and hot water are oil APT 3 - behind the main house is a detached building housing the 3rd unit ,the bed and bath are upstairs, kitchen and Livingroom are on the main level. Heat and hot water are natural gas. Tenants each pay their own utilities except water, sewer, and trash
  • Special Features: None

Interior Features

  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1562
  • Living Area Sq Ft: 1562
  • Price Per Sq Ft: 124.84
  • Above Grade Finished Sq Ft: 1562
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 240

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: 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: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil, Electric, Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas, Electric, Oil
  • Sewer/Septic System: Public Septic
  • Monthly Water Average: 61
  • Water Previous Twelve Months: 728.00
  • 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: 94700.00
  • Land Assessed Value: 7900.00
  • Land Use Code: 102
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 3
  • Owner Pays: Water, Trash Collection, Sewer, Repairs, Insurance, Pest Control
  • Total Actual Rent: 17700.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10305527
  • School Tax: 2184.00
  • Tax Annual Amount: 2948.00
  • Assessor Parcel Number: 01-2339117-367994-0000
  • Tax Total Finished Sq Ft: 1562
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/05/2021

Multi Family

  • Gross Income: 17700.00
  • Gross Scheduled Income: 17700.00

MLS Schools

  • School District Name: LEBANON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Aug 4, 2021
Sold by
Martin Wilmer
Bought by
4H Holdings Llc
Seller's Agent
Gregory Martin
Bold Realty
Buyer's Agent
Gregory Martin
Bold Realty
List Price
$199,000
Sold Price
$168,000
Premium/Discount to List
-$31,000
-15.58%
Current Estimated Value
$217,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,310
Avg. Annual Appreciation
6.30%
Original Mortgage
$134,400
Outstanding Balance
$113,088
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$104,222

Purchase Details

Closed on
Dec 29, 2016
Sold by
Zeiset Nelson B and Zeiset Esther L
Bought by
Martin Wilmer

Purchase Details

Closed on
Apr 1, 2011
Sold by
Schlegel Peter H
Bought by
Zeiset Nelson B and Zeiset Esther L
Source: Public Records

Range of Values:

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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
4H Holdings Llc $168,000 Stewart Abstract
Martin Wilmer $79,900 None Available
Zeiset Nelson B $66,300 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4H Holdings Llc $134,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2021 08/05/21 Sold $168,000 -13.8% $108 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
05/19/2021 05/19/21 Price Changed $195,000 -2.0% $125 / Sq Ft
05/12/2021 05/12/21 For Sale $199,000 -- $127 / 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 $3,305 $102,600 $7,900 $94,700
2024 $3,149 $102,600 $7,900 $94,700
2023 $3,149 $102,600 $7,900 $94,700
2022 $3,098 $102,600 $7,900 $94,700
2021 $2,992 $102,600 $7,900 $94,700
2020 $2,992 $102,600 $7,900 $94,700
2019 $2,949 $102,600 $7,900 $94,700
2018 $2,864 $102,600 $7,900 $94,700
2017 $808 $102,600 $7,900 $94,700
2016 $2,788 $102,600 $7,900 $94,700
2015 $1,916 $102,600 $7,900 $94,700
2014 $1,916 $102,600 $7,900 $94,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALN119200

Bright MLS

APN: 01-2339117-367994-0000