NOT LISTED FOR SALE

243 E Main St Middletown, PA 17057

Estimated Value: $344,730

Studio
3 Baths
-- Sq Ft
0.27 Acres

Last Sold October 10, 2013

Last sale price $187,500

Est. 84% increase in value since last sale

Current estimated payment $2,302/month

25 Days on Market

Highlights

  • Furnished
  • Porch
  • Patio
  • No HOA
  • Window Unit Cooling System
  • Outdoor Storage

About This Home

As of October 2013

Fantastic investment property! Fully occupied. Great condition. Lots of parking and prime location!

Last Agent to Sell the Property

CHRISTINE FARRELL

(717) 421-0292 christinefarrellrealtor@gmail.com Howard Hanna Company-Harrisburg License #RS311357 Listed on: 06/28/2013

Howard Hanna Company-Harrisburg

Last Buyer's Agent

William Murray

(717) 471-5704 bill@billmurray1.com Union Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 1996

Lot Details

  • 0.27 Acre Lot

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • Furnished
  • Fire and Smoke Detector

Kitchen

  • Gas Oven or Range
  • Microwave

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Schools

  • Middletown Area
  • Middletown Area High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • 220 Volts
  • 110 Volts
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, trash removal
  • The owner pays for insurance, real estate taxes
  • Assessor Parcel Number 420260250000000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Net Operating Income $18,326

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,500

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator, Washer, Dryer, Microwave
  • Fireplace: No
  • Laundry Type: Dryer In Unit, Washer In Unit, Hookup

Exterior Features

  • Construction Materials: Aluminum Siding
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Exterior Features: Secure Storage
  • Roof: Fiberglass, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Electric Service: 110 Volts, 220 Volts, Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Sewer Expenses: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • High School: MIDDLETOWN AREA HIGH SCHOOL
  • Middle Or Junior School: MIDDLETOWN AREA

Lot Info

  • Lot Size Acres: 0.27
  • Outdoor Living Structures: Porch(es), Patio(s)
  • Zoning Description: Commercial,Residential

Rental Info

  • Furnished: Yes
  • Owner Pays: Insurance, Taxes - Real Estate
  • Tenant Pays: Electricity, Trash Removal
  • Vacation Rental: No

Multi Family

  • Gross Income: 24180.00
  • Metering: Fully Separate
  • Other Units: Unit 1,Unit 2,Unit 3
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Annual Amount: 2500.00
  • Assessor Parcel Number: 420260250000000
  • Tax Year: 2013

MLS Schools

  • School District Name: MIDDLETOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2013
Closed on
Oct 10, 2013
Sold by
Rea Loretta J
Bought by
Matincheck Associates Inc
Seller's Agent
CHRISTINE FARRELL
Howard Hanna Company-Harrisburg
Buyer's Agent
William Murray
Union Realty, Inc.
List Price
$200,000
Sold Price
$187,500
Premium/Discount to List
-$12,500
-6.25%
Current Estimated Value
$344,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,230
Avg. Annual Appreciation
5.21%
Original Mortgage
$145,000
Outstanding Balance
$109,041
Interest Rate
4.52%
Mortgage Type
Commercial
Estimated Equity
$240,832
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Matincheck Associates Inc $187,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matincheck Associates Inc $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2013 10/10/13 Sold $187,500 -6.3% --
07/23/2013 07/23/13 Pending -- -- --
06/28/2013 06/28/13 For Sale $200,000 -- --
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 $6,203 $139,900 $33,400 $106,500
2024 $5,864 $139,900 $33,400 $106,500
2023 $5,768 $139,900 $33,400 $106,500
2022 $5,558 $139,900 $33,400 $106,500
2021 $5,327 $139,900 $33,400 $106,500
2020 $5,204 $139,900 $33,400 $106,500
2019 $5,128 $139,900 $33,400 $106,500
2018 $4,849 $139,900 $33,400 $106,500
2017 $4,849 $139,900 $33,400 $106,500
2016 $0 $139,900 $33,400 $106,500
2015 -- $139,900 $33,400 $106,500
2014 -- $139,900 $33,400 $106,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002737677

Bright MLS

APN: 42-026-025