NOT LISTED FOR SALE

243 E Hazard St Summit Hill, PA 18250

Estimated Value: $123,000 - $176,000

2 Beds
1 Bath
1,958 Sq Ft
$75/Sq Ft Est. Value

Sale Details

Date Sold: February 29, 2024

Last sale price $105,000 $54 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,029 / mo

137 Days on Market

About This Home

As of February 2024

Don't miss this chance to acquire a prime two-unit investment property in Summit Hill, available for sale or rent. The upper unit, at $575/month or $6,900/year, features a recently painted two-bedroom layout with hardwood floors, a spacious pantry, and a new handicapped-accessible shower. The lower unit, currently rented at $900/month or $10,800/year, offers two bedrooms, a new bathroom, and a large eat-in kitchen with basement access to a washer/dryer and extra facilities. This versatile property is ideal for rental income or long-term investment. Take advantage of a recent price reduction and schedule a showing today to explore its potential!

Last Agent to Sell the Property

Danette Troxell

Keller Williams Real Estate - West End License #RS340542 Listed on: 10/06/2023

Keller Williams Real Estate - West End

Last Buyer's Agent

(Lehigh) GLVR Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 2,614 Sq Ft Lot

Parking

  • Off-Site Parking

Home Design

  • Shingle Roof
  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • 1,958 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup
  • Basement

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Separate Meters
  • 200+ Amp Service
  • Oil Water Heater

Listing and Financial Details

  • Assessor Parcel Number 115A-54-F12

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,100
  • Trash Expense $720
  • New Taxes Expense $2,740
  • Operating Expense $6,020
  • Gross Income $17,100
  • Net Operating Income $11,080

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Directions: Rte 902 into Summit Hill Right on Hazard and home is up 0n the right
  • Prop. Type: Residential Income
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Building Stories: 2
  • Year Built: 1912
  • PropertySubType: Multi Family
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Lot Size Acres: 0.06
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 570-992-1010
  • MLS Status: Closed
  • ResoBuildingAreaSource: Public Records
  • Location Tax and Legal Parcel Number2: 115A-54-F12
  • Location Tax and Legal School Tax Amount2: 1855.81
  • Location Tax and Legal Tax Annual Amount2: 2739.88
  • Location Tax and Legal Zoning Description2: Residential
  • General Property Information Stories2: 2
  • General Property Information Lot Size Acres: 0.06
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Electric 200 Amp Service: Yes
  • Appliances Water Heater3: Yes
  • General Property Information Basement YN: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Water Source:Public: Yes
  • Sewer:Public Sewer: Yes
  • Water Heater:Oil2: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Electric:Circuit Breakers: Yes
  • Cooling None4: Yes
  • Cooling WallWindow Unit(s): Yes
  • General Property Information Number Of Buildings2: 1.0
  • Income And Expenses Operating Expense: 6020.0
  • Income And Expenses New Taxes Expense: 2739.99
  • Cooling Separate Meters: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Basement YN: Yes

Exterior Features

  • Roof: Shingle, See Remarks
  • Construction Type: Shingle Siding, Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Shingle Siding: Yes

Garage/Parking

  • Parking Features:Off Site: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s), Separate Meters, None
  • Electric: 200+ Amp Service, Circuit Breakers
  • Heating: Baseboard, Hot Water, Electric, Oil
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Electric5: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water2: Yes
  • Heating:Oil: Yes

Lot Info

  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres
  • Parcel Number: 115A-54-F12
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2739.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2023
Closed on
Feb 23, 2024
Sold by
Wallace Kermit and Wallace Emely
Bought by
Kehl Michael and Zum Lauren
Seller's Agent
Danette Troxell
Keller Williams Real Estate - West End
Buyer's Agent
(Lehigh) GLVR Member
NON MEMBER
List Price
$124,900
Sold Price
$105,000
Premium/Discount to List
-$19,900
-15.93%
Views
66
Current Estimated Value
$147,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,576
Avg. Annual Appreciation
16.19%
Original Mortgage
$78,750
Outstanding Balance
$76,804
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$70,597

Purchase Details

Closed on
Oct 18, 2006
Sold by
Wolfe Alexander T
Bought by
Wallace Kermit and Wallace Emely

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2005
Sold by
Ruane Joanne and Mueller Meredith
Bought by
Wolfe Alexander T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,540
Interest Rate
9.05%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Kehl Michael $105,000 Steelhouse Abstract
Wallace Kermit $87,000 None Available
Wolfe Alexander T $62,540 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Kehl Michael $78,750
Previous Owner Wallace Kermit $87,000
Previous Owner Wolfe Alexander T $62,540
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2024 02/29/24 Sold $105,000 +11566.7% $54 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
01/25/2024 01/25/24 Rented $900 +5.9% --
01/21/2024 01/21/24 Under Contract -- -- --
01/02/2024 01/02/24 For Rent $850 0.0% --
09/14/2023 09/14/23 For Sale $124,900 -- $64 / Sq Ft
Source: Pocono Mountains Association of REALTORS®

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
2026 $2,944 $28,750 $5,300 $23,450
2025 $2,730 $28,750 $5,300 $23,450
2024 $2,783 $28,750 $5,300 $23,450
2023 $2,740 $28,750 $5,300 $23,450
2022 $2,765 $28,750 $5,300 $23,450
2021 $2,765 $28,750 $5,300 $23,450
2020 $2,744 $28,750 $5,300 $23,450
2019 $2,546 $28,750 $5,300 $23,450
2018 $2,502 $28,750 $5,300 $23,450
2017 $2,474 $28,750 $5,300 $23,450
2016 -- $28,750 $5,300 $23,450
2015 -- $28,750 $5,300 $23,450
2014 -- $28,750 $5,300 $23,450
Source: Public Records

Agents Affiliated with this Home

  • Danette Troxell

    Seller's Agent in 2024

    Danette Troxell

    Keller Williams Real Estate

    (570) 657-6831

    11 in this area

    136 Total Sales

    Danette Troxell
    Section Image

  • (

    Buyer's Agent in 2024

    (Lehigh) GLVR Member

    NON MEMBER

See All Agents

Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-110005

Pocono Mountains Association of REALTORS®

APN: 115A-54-F12

Pennsylvania Carbon County Summit Hill 18250

243 E Hazard St, Summit Hill, PA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pocono Mountains Association of REALTORS® The data relating to real estate for sale on this web site includes listings held by MLS-IDX Participants of the Internet Data Exchange program of the Multiple Listing Service of the Pocono Mountains Association of Realtors®. Listings marked with the Internet Data Exchange logo are not necessarilty the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Associations and its MLS-IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed or implied.

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