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Seller's Agent in 2022
james reardon
EXP Realty LLC
31 N 3rd St Bangor, PA 18013
Estimated Value: $385,000 - $470,000
8
Beds
4
Baths
4,911
Sq Ft
$88/Sq Ft
Est. Value
About This Home
As of June 2022Remodeled, cash flowing, 4-unit multi plus 3 garages located in the burgeoning Bangor market. Currently an 8.28% cap with projected & easily attained Gross of $60K, Net $50K, 12% Cap @ asking. TWO 3BRs & TWO 1BRs with THREE large garages greatly increase the value. Property/units have new kitchens, appliances, flooring, bathrooms, paint, recessed/LED lighting, new countertops, backsplash, new electric service, updated plumbing, entire roof replaced, new handrails, & wooden fencing. Punch list totaling $70,000.00 over the past year available. Due to COVID, the Seller is NOT showing, the buyer must present an LOI or AOS to gain access, inspections completed 02/02/2022 & available to cut due diligence period as well as seller correcting items in the inspection report. Cash offers will have the most weight. Sold "AS IS," "Where is." *This is SOLD as a 19 unit portfolio ONLY, not individually. Available @ MLS listing #687703
Last Agent to Sell the Property
james reardon
EXP Realty LLC License #RS342638 Listed on: 02/10/2022
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $5,540
Year Built
- Built in 1900
Lot Details
- 6,885 Sq Ft Lot
Interior Spaces
- 4,911 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Parking
- 6 Parking Spaces
- Off-Site Parking
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number E9NE2A 2 8 0102
Community Details
Overview
- 4 Units
Building Details
- Electric Expense $200
- Insurance Expense $1,500
- Trash Expense $700
- Water Sewer Expense $1,000
- Operating Expense $8,887
- Gross Income $42,120
- Net Operating Income $33,133
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 27, 2019
Closed on
Jan 7, 2020
Sold by
Dlp Fund Acquisition Iii Llc
Bought by
Ek Real Estate Holdings Llc
Seller's Agent
Donald Wenner
DLP Realty
Buyer's Agent
Xander Weidenbaum
Redstone Run Realty, LLC - Stroudsburg
List Price
$184,900
Sold Price
$166,410
Premium/Discount to List
-$18,490
-10%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,590
Avg. Annual Appreciation
17.42%
Original Mortgage
$132,800
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 1, 2015
Closed on
Aug 28, 2015
Sold by
Schmitt Thomas C and Schmitt Peter
Bought by
Dlp Fund Acquisition Iii Llc
Seller's Agent
Don Wenner
Real of Pennsylvania
Buyer's Agent
Don Wenner
Real of Pennsylvania
List Price
$65,000
Sold Price
$65,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.52%
Original Mortgage
$106,500
Interest Rate
4.01%
Mortgage Type
Construction
Purchase Details
Closed on
Nov 14, 2006
Sold by
Godshalk Kelvin A
Bought by
Schmitt Thomas C and Mehrtens,David E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,186
Interest Rate
6.39%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 31, 2000
Bought by
Godshalk Kelvin A and Godshalk Valerie M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ek Real Estate Holdings Llc | $166,410 | Capstone Settlement Inc | |
| Dlp Fund Acquisition Iii Llc | $65,000 | None Available | |
| Schmitt Thomas C | $165,000 | -- | |
| Godshalk Kelvin A | $55,100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tuson Lehigh Valley Llc | $1,168,000 | |
| Closed | Ek Real Estate Holdings Llc | $132,800 | |
| Previous Owner | Dlp Fund Acquisition Iii Llc | $1,088,500 | |
| Previous Owner | Dlp Fund Acquisition Iii Llc | $250,000 | |
| Previous Owner | Dlp Fund Acquisition Iii Llc | $106,500 | |
| Previous Owner | Schmitt Thomas C | $135,186 | |
| Previous Owner | Schmitt Peter H | $16,889 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2022 06/06/22 | Sold | $316,000 | 0.0% | $64 / Sq Ft |
| 03/03/2022 03/03/22 | Off Market | $316,000 | -- | -- |
| 02/10/2022 02/10/22 | For Sale | $400,000 | +140.4% | $81 / Sq Ft |
| 02/07/2020 02/07/20 | Sold | $166,410 | -10.0% | $34 / Sq Ft |
| 10/07/2019 10/07/19 | Pending | -- | -- | -- |
| 08/27/2019 08/27/19 | For Sale | $184,900 | 0.0% | $38 / Sq Ft |
| 03/01/2016 03/01/16 | Rented | $850 | 0.0% | -- |
| 02/15/2016 02/15/16 | Under Contract | -- | -- | -- |
| 10/27/2015 10/27/15 | For Rent | $850 | 0.0% | -- |
| 08/28/2015 08/28/15 | Sold | $65,000 | 0.0% | $15 / Sq Ft |
| 08/15/2015 08/15/15 | Pending | -- | -- | -- |
| 08/01/2015 08/01/15 | For Sale | $65,000 | 0.0% | $15 / Sq Ft |
| 01/12/2015 01/12/15 | Rented | $950 | +6.1% | -- |
| 01/12/2015 01/12/15 | Under Contract | -- | -- | -- |
| 09/05/2014 09/05/14 | For Rent | $895 | -- | -- |
Source: Greater Lehigh Valley REALTORS®
Tax History Compared to Growth
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 | $702 | $65,000 | $16,800 | $48,200 |
| 2024 | $5,624 | $65,000 | $16,800 | $48,200 |
| 2023 | $5,557 | $65,000 | $16,800 | $48,200 |
| 2022 | $5,540 | $65,000 | $16,800 | $48,200 |
| 2021 | $5,587 | $65,000 | $16,800 | $48,200 |
| 2020 | $15,562 | $65,000 | $16,800 | $48,200 |
| 2019 | $5,422 | $65,000 | $16,800 | $48,200 |
| 2018 | $5,366 | $65,000 | $16,800 | $48,200 |
| 2017 | $5,298 | $65,000 | $16,800 | $48,200 |
| 2016 | -- | $65,000 | $16,800 | $48,200 |
| 2015 | -- | $65,000 | $16,800 | $48,200 |
| 2014 | -- | $65,000 | $16,800 | $48,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
Aisha Smith
A
Buyer's Agent in 2022
Aisha Smith
Coldwell Banker Hearthside
(610) 714-2118
5 in this area
75 Total Sales
-
D
Seller's Agent in 2020
Donald Wenner
DLP Realty
-
B
Seller Co-Listing Agent in 2020
Bruce Eaton
DLP Realty
-
Xander Weidenbaum
Buyer's Agent in 2020
Xander Weidenbaum
Redstone Run Realty, LLC - Stroudsburg
(570) 390-4646
3 in this area
519 Total Sales
-
Don Wenner
Seller's Agent in 2016
Don Wenner
Real of Pennsylvania
(800) 350-8061
14 in this area
1,045 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 687400
APN: E9NE2A-2-8-0102
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