NOT LISTED FOR SALE

305 N 5th Ave Lebanon, PA 17046

Estimated Value: $137,000 - $195,000

-- Bed
2 Baths
1,376 Sq Ft
$121/Sq Ft Est. Value

Last Sold June 16, 2017

Last sale price $78,000 $57 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,029/month

About This Home

As of June 2017

Great rental opportunity(2-Unit) in the Lebanon City. All units currently rented.

Last Agent to Sell the Property

Yelena Pidgorodetskiy

(717) 471-9927 lenochka1@comcast.net Elite Real Estate Professionals Listed on: 04/04/2017

Last Buyer's Agent

Jonathan Wyse

(717) 507-2443 wyserealestate@gmail.com Coldwell Banker Realty License #RS322524

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,611

Lot Details

  • 3,049

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Composition Roof

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Parking

  • 2 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Utilities

  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Washer and Dryer Hookup
  • Basement Fills Entire Space Under The House
  • 3,049 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for heat, hot water, electricity
  • Assessor Parcel Number 09-2343527-371453-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Net Operating Income $13,089

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,611

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Remarks Public: Great rental opportunity(2-Unit) in the Lebanon City. All units currently rented.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Full, Unfinished
  • Street Number Modifier: 305

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Fire Escape
  • Roof: Composite, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Spaces Total: 2.00
  • Type Of Parking: Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: LEBANON
  • School District Key: 300200397291

Lot Info

  • Lot Size Acres: 0.07
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Heat, Hot Water, Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10312378
  • School Tax: 1156.31
  • Tax Annual Amount: 1610.61
  • Assessor Parcel Number: 09-2343527-371453-0000
  • County Tax Payment Frequency: Annually
  • Close Date: 06/16/2017

Multi Family

  • Gross Income: 14700.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: LEBANON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2017
Closed on
Jun 16, 2017
Sold by
Martin Vernon and Martin Cleon
Bought by
Nolmin Enterprises Llc
Seller's Agent
Yelena Pidgorodetskiy
Elite Real Estate Professionals
Buyer's Agent
Jonathan Wyse
Coldwell Banker Realty
List Price
$78,000
Sold Price
$78,000
Current Estimated Value
$166,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,791
Avg. Annual Appreciation
9.51%
Original Mortgage
$306,000
Outstanding Balance
$254,528
Interest Rate
4.02%
Mortgage Type
Stand Alone First
Estimated Equity
-$87,737

Purchase Details

Closed on
Oct 2, 2015
Sold by
Mpl Homebuyers Llc
Bought by
Martin Alvin Horst

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,250
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 5, 2014
Closed on
Oct 21, 2014
Sold by
Castro Julian
Bought by
Mpl Homebuyers Llc
Buyer's Agent
Yelena Pidgorodetskiy
Elite Real Estate Professionals
List Price
$35,000
Sold Price
$36,100
Premium/Discount to List
$1,100
3.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.90%
Original Mortgage
$45,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2014
Sold by
Bank Of America Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Mar 10, 2014
Sold by
Ayala Christie L
Bought by
Bank Of America Na

Purchase Details

Closed on
Apr 30, 2008
Sold by
Fox Gary J
Bought by
Ayala Christie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,915
Interest Rate
5.99%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Nolmin Enterprises Llc $78,000 None Available
Martin Alvin Horst $78,000 None Available
Mpl Homebuyers Llc $36,100 First American Title Ins Co
Secretary Of Housing & Urban Development -- None Available
Bank Of America Na $2,240 None Available
Ayala Christie L $74,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nolmin Enterprises Llc $306,000
Previous Owner Martin Alvin Horst $55,250
Previous Owner Mpl Homebuyers Llc $45,000
Previous Owner Ayala Christie L $73,915
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2017 06/16/17 Sold $78,000 0.0% $57 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
04/04/2017 04/04/17 For Sale $78,000 +116.1% $57 / Sq Ft
10/23/2014 10/23/14 Sold $36,100 +3.1% $26 / Sq Ft View Prior Sale
09/30/2014 09/30/14 Pending -- -- --
09/05/2014 09/05/14 For Sale $35,000 -- $25 / 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 $1,859 $57,700 $8,000 $49,700
2024 $1,771 $57,700 $8,000 $49,700
2023 $1,771 $57,700 $8,000 $49,700
2022 $1,742 $57,700 $8,000 $49,700
2021 $1,683 $57,700 $8,000 $49,700
2020 $1,683 $57,700 $8,000 $49,700
2019 $1,659 $57,700 $8,000 $49,700
2018 $1,611 $57,700 $8,000 $49,700
2017 $454 $57,700 $8,000 $49,700
2016 $1,568 $57,700 $8,000 $49,700
2015 $1,077 $57,700 $8,000 $49,700
2014 $1,077 $57,700 $8,000 $49,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002740801

Bright MLS

APN: 09-2343527-371453-0000