NOT LISTED FOR SALE

339 S 8th St Lebanon, PA 17042

Estimated Value: $224,000 - $347,000

-- Bed
2 Baths
2,985 Sq Ft
$96/Sq Ft Est. Value

Last Sold May 14, 2015

Last sale price $224,900 $75 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,906/month

Highlights

  • No HOA
  • Window Unit Cooling System
  • Outdoor Storage
  • 4 Car Attached Garage
  • Parking Storage or Cabinetry

About This Home

As of May 2015

5 unit building along with a detached 2 car garage in a great location. Corner of S8th and Oak street. On and off street parking. Building is well maintained. Great location by the Lebanon County Court House. All individually metered units. 2 car detached garage currently rented for $125 per month. includes 339 & 341 S 8th street.

Last Agent to Sell the Property

LARRY SANTANA

(717) 533-6222 lsantana@brwnstone.com Berkshire Hathaway HomeServices Homesale Realty License #RS312694 Listed on: 04/18/2015

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Catherine Graver

(717) 669-0033 cgraver@homesale.com Berkshire Hathaway HomeServices Homesale Realty License #RS271698

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1888

Lot Details

  • 0.33

Home Design

  • Duplex
  • Converted Dwelling
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Parking

  • 4 Car Attached Garage
  • Parking Storage or Cabinetry
  • On-Street Parking
  • Off-Street Parking

Schools

  • Lebanon High School

Utilities

  • Window Unit Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Washer and Dryer Hookup
  • Basement Fills Entire Space Under The House
  • Outdoor Storage
  • 0.33 Acre Lot

Listing and Financial Details

  • Tenant pays for heat, hot water, electricity
  • Assessor Parcel Number 01-2337985-367123-000&01-2338081-367151-0000

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Income includes apartment rentals
  • Electric Expense $350
  • Insurance Expense $1,500
  • Other Expense $200
  • Trash Expense $650
  • Operating Expense $5,000
  • Net Operating Income $23,401

Property Details

Home Type

Multi-Family

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Other Expense: 200.00
  • Storage: Basement, Garage
  • Year Built: 1888
  • Remarks Public: 5 unit building along with a detached 2 car garage in a great location. Corner of S8th and Oak street. On and off street parking. Building is well maintained. Great location by the Lebanon County Court House. All individually metered units. 2 car detached garage currently rented for $125 per month. includes 339 & 341 S 8th street.
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Street Number Modifier: 339-341

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • Parking Spaces Total: 4.00
  • Type Of Parking: Off Street, On Street, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Electric Expense: 350.00
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 2300.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: LEBANON
  • High School: LEBANON
  • School District Key: 300200397291
  • High School: LEBANON

Lot Info

  • Lot Size Acres: 0.33
  • Property Attached Yn: Yes
  • Zoning Description: Other - See Remarks
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 10305057
  • School Tax: 5511.38
  • Tax Annual Amount: 7599.48
  • Assessor Parcel Number: 01-2337985-367123-000&01-2338081-367151-0000
  • County Tax Payment Frequency: Annually
  • Close Date: 05/14/2015

Multi Family

  • Gross Income: 36000.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 5000.00
  • 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 18, 2015
Closed on
May 7, 2015
Sold by
Hill Joseph M and Hill Marilyn
Bought by
Mount Gretna Rentalls Llc
Seller's Agent
LARRY SANTANA
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Catherine Graver
Berkshire Hathaway HomeServices Homesale Realty
List Price
$239,900
Sold Price
$224,900
Premium/Discount to List
-$15,000
-6.25%
Current Estimated Value
$285,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,433
Avg. Annual Appreciation
2.30%
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
Mount Gretna Rentalls Llc $224,900 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2015 05/14/15 Sold $224,900 -6.3% $75 / Sq Ft
04/23/2015 04/23/15 Pending -- -- --
04/18/2015 04/18/15 For Sale $239,900 -- $80 / 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 $4,948 $153,600 $19,200 $134,400
2024 $4,715 $153,600 $19,200 $134,400
2023 $4,715 $153,600 $19,200 $134,400
2022 $4,638 $153,600 $19,200 $134,400
2021 $4,480 $153,600 $19,200 $134,400
2020 $4,480 $153,600 $19,200 $134,400
2019 $4,415 $153,600 $19,200 $134,400
2018 $4,288 $153,600 $19,200 $134,400
2017 $1,209 $153,600 $19,200 $134,400
2016 $4,174 $153,600 $19,200 $134,400
2015 $2,868 $153,600 $19,200 $134,400
2014 $2,868 $153,600 $19,200 $134,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002735441

Bright MLS

APN: 01-2338081-367151-0000