M
Seller's Agent in 2024
Mike Lapp
Stoltzfus Realty
(717) 682-5972
2 in this area
51 Total Sales
34 N 7th St Lebanon, PA 17046
Downtown Lebanon Neighborhood
--
Bed
--
Bath
1,656
Sq Ft
2,614
Sq Ft Lot
About This Home
As of December 2024Newly updated multi-unit property featuring a modern 3-bedroom apartment and an established commercial space on the first floor. This is a prime investment opportunity for consistent rental income.
The second-floor apartment has been recently renovated and has a projected rental income of $1,500 per month.
On the first floor, the commercial space is currently leased to a reliable tenant, generating $1,200 per month.
With a total projected monthly income of $2,700, this property showcases a strong rental history and demand in the area.
Don’t miss this opportunity to invest in a property with excellent income potential. Contact us today for more information or to schedule a viewing!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,019
Year Built
- Built in 1950
Parking
- On-Street Parking
Home Design
- Duplex
- Brick Exterior Construction
- Shingle Roof
- Composition Roof
- Metal Roof
- Aluminum Siding
Interior Spaces
- 1,656 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
Schools
- Lebanon High School
Utilities
- Electric Baseboard Heater
- 100 Amp Service
- Electric Water Heater
- Cable TV Available
Additional Features
- More Than Two Accessible Exits
- 2,614 Sq Ft Lot
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 04-2338678-369705-0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2024
Closed on
Dec 16, 2024
Sold by
Latin Eagle Properties Llc
Bought by
Stoltzfus John Allen
Seller's Agent
Mike Lapp
Stoltzfus Realty
Buyer's Agent
Mike Lapp
Stoltzfus Realty
List Price
$245,000
Sold Price
$229,000
Premium/Discount to List
-$16,000
-6.53%
Views
23
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
$7,190
Avg. Annual Appreciation
-0.54%
Original Mortgage
$183,200
Outstanding Balance
$178,881
Interest Rate
6.79%
Mortgage Type
Credit Line Revolving
Estimated Equity
$49,325
Purchase Details
Listed on
Oct 18, 2022
Closed on
Mar 14, 2023
Sold by
Zook Rentals Llc
Bought by
Latin Eagle Properties Llc
Seller's Agent
Curvin Horning
Kingsway Realty - Ephrata
Buyer's Agent
Curvin Horning
Kingsway Realty - Ephrata
List Price
$209,000
Sold Price
$185,000
Premium/Discount to List
-$24,000
-11.48%
Views
180
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.89%
Original Mortgage
$148,000
Interest Rate
6.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 6, 2022
Sold by
Lerch Terry R
Bought by
Zook Rentals Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 24, 2012
Closed on
Jan 18, 2013
Sold by
Zentz Michael L
Bought by
Lerch Terry R
Seller's Agent
Kathe Morrissey
Howard Hanna Krall Real Estate
List Price
$88,500
Sold Price
$55,000
Premium/Discount to List
-$33,500
-37.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.00%
Original Mortgage
$120,000
Interest Rate
3.39%
Mortgage Type
Commercial
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $229,000 | None Listed On Document | |
| Deed | $229,000 | None Listed On Document | |
| Deed | $185,000 | -- | |
| Deed | $165,000 | Fitzgibbons Anthony J | |
| Deed | $55,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $183,200 | Credit Line Revolving | |
| Closed | $183,200 | Credit Line Revolving | |
| Previous Owner | $148,000 | New Conventional | |
| Previous Owner | $180,000 | New Conventional | |
| Previous Owner | $120,000 | Commercial | |
| Previous Owner | $52,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $35,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/16/2024 12/16/24 | Sold | $229,000 | -6.5% | $138 / Sq Ft |
| 10/30/2024 10/30/24 | Pending | -- | -- | -- |
| 10/25/2024 10/25/24 | For Sale | $245,000 | +32.4% | $148 / Sq Ft |
| 03/14/2023 03/14/23 | Sold | $185,000 | +3.4% | $112 / Sq Ft |
| 01/30/2023 01/30/23 | Pending | -- | -- | -- |
| 12/27/2022 12/27/22 | Price Changed | $179,000 | -5.3% | $108 / Sq Ft |
| 12/02/2022 12/02/22 | Price Changed | $189,000 | -2.6% | $114 / Sq Ft |
| 11/11/2022 11/11/22 | Price Changed | $194,000 | -2.5% | $117 / Sq Ft |
| 11/04/2022 11/04/22 | Price Changed | $199,000 | -4.8% | $120 / Sq Ft |
| 10/18/2022 10/18/22 | For Sale | $209,000 | +280.0% | $126 / Sq Ft |
| 01/18/2013 01/18/13 | Sold | $55,000 | -37.9% | -- |
| 01/07/2013 01/07/13 | Pending | -- | -- | -- |
| 04/24/2012 04/24/12 | For Sale | $88,500 | -- | -- |
Source: Bright MLS
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 | $2,020 | $62,700 | $7,500 | $55,200 |
| 2024 | $1,924 | $62,700 | $7,500 | $55,200 |
| 2023 | $482 | $62,700 | $7,500 | $55,200 |
| 2022 | $474 | $62,700 | $7,500 | $55,200 |
| 2021 | $458 | $62,700 | $7,500 | $55,200 |
| 2020 | $1,829 | $62,700 | $7,500 | $55,200 |
| 2019 | $1,802 | $62,700 | $7,500 | $55,200 |
| 2018 | $1,750 | $62,700 | $7,500 | $55,200 |
| 2017 | $494 | $62,700 | $7,500 | $55,200 |
| 2016 | $1,704 | $62,700 | $7,500 | $55,200 |
| 2015 | $1,171 | $62,700 | $7,500 | $55,200 |
| 2014 | $1,171 | $62,700 | $7,500 | $55,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
C
Seller's Agent in 2023
Curvin Horning
Kingsway Realty - Ephrata
(717) 606-2226
3 in this area
316 Total Sales
-
Seller's Agent in 2013
Kathe Morrissey
Howard Hanna Krall Real Estate
(717) 273-2805
1 in this area
20 Total Sales
Map
Source: Bright MLS
MLS Number: PALN2017228
APN: 04-2338678-369705-0000
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