NOT LISTED FOR SALE

242 Washington Blvd Bangor, PA 18013

Estimated Value: $355,000 - $379,000

6 Beds
3 Baths
3,054 Sq Ft
$121/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $240,000 $79 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,069/month

Highlights

  • Ceiling Fan
  • 8 Car Garage
  • Wall to Wall Carpet
  • Baseboard Heating

About This Home

As of February 2022

This 3 unit property is turn key, One unit is vacant & has recently been renovated the other two are updated & currently occupied. Each unit consists of 2 bedrooms and 1 bathroom. All kitchen appliances remain. There is also a two car detached garage out back with a fenced in common area. This property offers plenty of parking space. Home was under contract prior to listing.

Last Agent to Sell the Property

Russell Horn

Country Classic Real Estate Listed on: 01/25/2022

Last Buyer's Agent

Russell Horn

Country Classic Real Estate Listed on: 01/25/2022

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,089

Year Built

  • Built in 1920

Lot Details

  • 8,060 Sq Ft Lot

Parking

  • 8 Car Garage

Home Design

  • Brick Exterior Construction
  • Stone

Interior Spaces

  • 3,054 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wall to Wall Carpet
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number E9SE4 6 2 0134

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $30
  • Insurance Expense $1,467
  • Trash Expense $285
  • Water Sewer Expense $135
  • Operating Expense $7,800
  • Gross Income $31,800
  • Net Operating Income $24,000

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,089

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 54400.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Features: Wall-to-Wall Carpet, Wash/Dry Hook-ups
  • Bathrooms: Modern, Semi Modern
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 6
  • Square Footage: 3054

Exterior Features

  • Construction: Aluminum, Brick, Stone

Garage/Parking

  • Parking: Garage, Paved Lot
  • Parking Spaces: 8

Utilities

  • Cooling: Ceiling Fan, Window AC
  • Heat Type: Baseboard, Hot Water, Oil
  • Sewer: Septic
  • Water: Public
  • Electric: 30
  • Insurance: 1467
  • Trash Removal: 285
  • Water Sewer: 135

Fee Information

  • Operating Expense: 7800

Schools

  • School District: Bangor

Lot Info

  • Acres: 0.185
  • Lot Sq Ft: 8060
  • Zoning Code: R-2-MEDIUM DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: E9SE4 6 2 0134
  • County Taxes: 587.52
  • Municipal Taxes: 435.20
  • Total Taxes: 4088.70

Multi Family

  • School Taxes: 3065.98
  • Total Units: 3
  • Total Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2022
Closed on
Feb 25, 2022
Sold by
Frable Jamie L and Frable Lori A
Bought by
Mcdanolds Trevor
Seller's Agent
Russell Horn
Country Classic Real Estate
Buyer's Agent
Russell Horn
Country Classic Real Estate
List Price
$224,900
Sold Price
$240,000
Premium/Discount to List
$15,100
6.71%
Current Estimated Value
$370,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,667
Avg. Annual Appreciation
10.62%
Original Mortgage
$248,640
Outstanding Balance
$233,497
Interest Rate
3.55%
Mortgage Type
VA
Estimated Equity
$107,170

Purchase Details

Closed on
Jun 15, 2017
Sold by
Searfass Earl and Searfass Diane
Bought by
Frable Jamie L and Frable Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
May 4, 2007
Sold by
Hardy Richard
Bought by
Searfass Earl

Purchase Details

Closed on
Sep 1, 1998
Bought by
Hardy Candace
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcdanolds Trevor $240,000 Mount Bethel Abstract
Frable Jamie L $175,000 None Available
Searfass Earl $185,000 --
Hardy Candace $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdanolds Trevor $248,640
Previous Owner Frable Jamie L $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $240,000 +6.7% $79 / Sq Ft
01/25/2022 01/25/22 Pending -- -- --
01/25/2022 01/25/22 For Sale $224,900 -- $74 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

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 $588 $54,400 $11,800 $42,600
2024 $4,115 $54,400 $11,800 $42,600
2023 $4,089 $54,400 $11,800 $42,600
2022 $4,089 $54,400 $11,800 $42,600
2021 $4,143 $54,400 $11,800 $42,600
2020 $4,143 $54,400 $11,800 $42,600
2019 $4,086 $54,400 $11,800 $42,600
2018 $4,002 $54,400 $11,800 $42,600
2017 $3,972 $54,400 $11,800 $42,600
2016 -- $54,400 $11,800 $42,600
2015 -- $54,400 $11,800 $42,600
2014 -- $54,400 $11,800 $42,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 686933

Greater Lehigh Valley REALTORS®

APN: E9SE4-6-2-0134