NOT LISTED FOR SALE

25 Mill St Middletown, PA 17057

Estimated Value: $633,963

Studio
-- Bath
7,682 Sq Ft
$83/Sq Ft Est. Value

Sale Details

Date Sold: February 24, 2016

Last sale price $350,000 $46 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,751 / mo

1 Day on Market

Highlights

  • Attic
  • Attached Garage
  • Outdoor Storage
  • No HOA
  • Laundry Room
  • Central Air

About This Home

As of February 2016

Well maintained, well managed fully occupied six unit that has been owned within the same family for more than three generations. 5 residential units and one commercial garage. Many leases longer than one year. Coin operated laundry that generates additional income. Huge unfinished third floor provides storage area for owner. Most all baths and kitchens have been remodeled within past 10 years. Hardwired interconnected smoke detectors, one unit with central air, all tenants pay electric, heat & hot water.

Last Agent to Sell the Property

Tim Clouser

(717) 526-4300 timclouser@remax.net RE/MAX Realty Select License #AB051801L Listed on: 02/06/2016

RE/MAX Realty Select

Last Buyer's Agent

Josh Clouser

(717) 526-4300 josh@joshclouser.com RE/MAX Realty Select License #RM423657

RE/MAX Realty Select

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,314

Year Built

  • Built in 1925

Lot Details

  • 4,356

Home Design

  • 7,682 Sq Ft Home
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Kitchen

  • Gas Oven or Range
  • Stove

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Driveway
  • Off-Street Parking

Schools

  • Robert G. Reid Elementary School
  • Middletown Area
  • Middletown Area High School

Utilities

  • Central Air
  • Baseboard Heating
  • 200+ Amp Service

Additional Features

  • Outdoor Storage
  • 4,356 Sq Ft Lot
  • Attic

Listing and Financial Details

  • Tenant pays for cable TV, cooking fuel, electricity, heat, trash removal, hot water
  • The owner pays for insurance, real estate taxes, repairs
  • Assessor Parcel Number 410090410000000

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $542
  • Fuel Expense $209
  • Insurance Expense $2,819
  • Maintenance Expense $1,000
  • Other Expense $30
  • Operating Expense $11,434
  • Net Operating Income $39,446

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,314

Year Built

Built in 1925

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Current Use: Mixed
  • New Construction: No
  • Other Expense: 30.00
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator, Oven - Single, Stove, Washer, Dryer
  • Interior Amenities: Attic
  • Fireplace: No
  • Room List: Laundry
  • Total Sq Ft: 7682
  • Living Area Sq Ft: 7682
  • Price Per Sq Ft: 48.82
  • Above Grade Finished Sq Ft: 7682
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl 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
  • Garage Features: Built In
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Expense: 542.00
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 3520.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Condo Co-Op Amenities: Laundry Facilities
  • HOA: No

Schools

  • Elementary School: ROBERT G. REID
  • High School: MIDDLETOWN AREA HIGH SCHOOL
  • Middle Or Junior School: MIDDLETOWN AREA

Lot Info

  • Lot Size Acres: 0.10
  • Zoning Description: Commercial

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: Insurance, Taxes - Real Estate, Repairs
  • Tenant Pays: Cable Tv, Cooking Fuel, Electricity, Heat, Trash Removal, Hot Water
  • Vacation Rental: No

Multi Family

  • Fuel Expense: 209.00
  • Gross Income: 50880.00
  • Operating Expense: 11434.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Assessor Parcel Number: 10587201
  • Tax Annual Amount: 3314.00
  • Assessor Parcel Number: 410090410000000
  • Tax Year: 2016

MLS Schools

  • School District Name: MIDDLETOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2016
Closed on
Feb 24, 2016
Sold by
Brinser Jeffrey P and Brinser Danielle K
Bought by
Anderson Charles E and Anderson Karla M
Seller's Agent
Tim Clouser
RE/MAX Realty Select
Buyer's Agent
Josh Clouser
RE/MAX Realty Select
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%
Current Estimated Value
$633,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,963
Avg. Annual Appreciation
6.03%
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

Date Buyer Sale Price Title Company
Anderson Charles E $350,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2016 02/24/16 Sold $350,000 -6.7% $46 / Sq Ft
02/07/2016 02/07/16 Pending -- -- --
02/06/2016 02/06/16 For Sale $375,000 -- $49 / Sq Ft
Source: Bright MLS

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 $4,408 $95,600 $15,100 $80,500
2025 $4,239 $95,600 $15,100 $80,500
2024 $4,007 $95,600 $15,100 $80,500
2023 $3,941 $95,600 $15,100 $80,500
2022 $3,798 $95,600 $15,100 $80,500
2021 $3,640 $95,600 $15,100 $80,500
2020 $3,556 $95,600 $15,100 $80,500
2019 $3,504 $95,600 $15,100 $80,500
2018 $3,313 $95,600 $15,100 $80,500
2017 $3,313 $95,600 $15,100 $80,500
2016 $0 $95,600 $15,100 $80,500
2015 -- $95,600 $15,100 $80,500
2014 -- $95,600 $15,100 $80,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003321761

Bright MLS

APN: 41-009-041

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