NOT LISTED FOR SALE

3712 Walnut St Harrisburg, PA 17109

-- Bed
6 Baths
-- Sq Ft
0.29 Acres

Last Sold June 23, 2016

Last sale price $1,375,000

197 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Baseboard Heating

About This Home

As of June 2016

15 Apartments used car lot, storage garage & cell tower lease. 11 Efficiency units. Building very well maintained. 9 Units less than 10 years old. Cell tower on property. Sale includes the lease on the cell tower. New windows, new roof, new doors, gas furnaces, AC units all tenant paid. No deferred maintenance on this property. Great income producing property. Building financials in Associated Docs

Last Agent to Sell the Property

Dave Jones

RE/MAX Realty Associates Listed on: 07/23/2015

RE/MAX Realty Associates

Last Buyer's Agent

NON MEMBER

NONMEM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,500

Year Built

  • Built in 1912

Lot Details

  • 0.29

Parking

  • Off-Street Parking

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Rubber Roof
  • Aluminum Siding
  • Vinyl Siding

Utilities

  • Cooling Available
  • Heat Pump System
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electricity, gas, heat, hot water
  • The owner pays for insurance, real estate taxes, repairs
  • Assessor Parcel Number 62034519, 62034022, 62034023

Community Details

Overview

  • No Home Owners Association
  • 17 Units

Building Details

  • Electric Expense $250
  • Insurance Expense $3,200
  • Maintenance Expense $4,000
  • Other Expense $14,816
  • Trash Expense $2,400
  • Operating Expense $32,109
  • Net Operating Income $145,788

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,500

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Other Expense: 14816.00
  • Year Built: 1912
  • Remarks Public: 15 Apartments used car lot, storage garage & cell tower lease. 11 Efficiency units. Building very well maintained. 9 Units less than 10 years old. Cell tower on property. Sale includes the lease on the cell tower. New windows, new roof, new doors, gas furnaces, AC units all tenant paid. No deferred maintenance on this property. Great income producing property. Building financials in Associated Docs
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Fireplace: No
  • Street Number Modifier: 3712-3720

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Roof: Fiberglass, Asphalt, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s)
  • Cooling: Yes
  • Electric Expense: 250.00
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Baseboard
  • Heating: Yes
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1659.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: CENTRAL DAUPHIN
  • School District Key: 300200397406

Lot Info

  • Zoning Description: Apartment

Rental Info

  • Owner Pays: Insurance, Taxes - Real Estate, Repairs
  • Tenant Pays: Electricity, Gas, Heat, Hot Water
  • Vacation Rental: No

Multi Family

  • Gross Income: 177797.00
  • Metering: Fully Separate
  • Operating Expense: 32109.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

Tax Info

  • Assessor Parcel Number: 10606618
  • Tax Annual Amount: 8500.00
  • Assessor Parcel Number: 62034519, 62034022, 62034023
  • Tax Year: 2015
  • Close Date: 06/23/2016

MLS Schools

  • School District Name: CENTRAL DAUPHIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2021
Sold by
Walnut St Apts Llc
Bought by
M Squared Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 23, 2015
Closed on
Jun 23, 2016
Sold by
Wylie Ronald C
Bought by
Walnut St Apts Llc
Seller's Agent
Dave Jones
RE/MAX Realty Associates
Buyer's Agent
NON MEMBER
NONMEM
List Price
$899,900
Sold Price
$1,375,000
Premium/Discount to List
$475,100
52.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
3.64%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
M Squared Investments Llc $1,250,000 None Available
Walnut St Apts Llc $147,250 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M Squared Investments Llc $995,100
Closed M Squared Investments Llc $1,000,000
Previous Owner Walnut St Apts Llc $840,000
Previous Owner Ld Acquisition Company 14 Llc $60,000,000
Previous Owner Walnut St Apts Llc $875,000
Previous Owner Wylie Ronald $75,500
Previous Owner Waylie Ronald W $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2016 06/23/16 Sold $1,375,000 +52.8% --
02/05/2016 02/05/16 Pending -- -- --
07/23/2015 07/23/15 For Sale $899,900 -- --
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 $3,197 $88,000 $88,000 $0
2024 $2,883 $88,000 $88,000 $0
2023 $2,764 $88,000 $88,000 $0
2022 $2,730 $88,000 $88,000 $0
2021 $2,682 $88,000 $88,000 $0
2020 $2,682 $88,000 $88,000 $0
2019 $2,622 $88,000 $88,000 $0
2018 $2,478 $88,000 $88,000 $0
2017 $2,478 $88,000 $88,000 $0
2016 $0 $88,000 $88,000 $0
2015 -- $88,000 $88,000 $0
2014 -- $88,000 $88,000 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Dave Jones

    RE/MAX

    Section Image

  • N

    Buyer's Agent in 2016

    NON MEMBER

    NONMEM

See All Agents

Map

Source: Bright MLS

MLS Number: 1002744391

Bright MLS

APN: 62-034-019

Pennsylvania Dauphin County Harrisburg 17109

3712 Walnut St, Harrisburg, PA

This home is located at 3712 Walnut St, Harrisburg, PA 17109 since 23 July 2015. This property was built in 1912. 3712 Walnut St is a home located in Dauphin County with nearby schools including Sara Lindemuth Elementary School, Thomas W. Holtzman Jr. Elementary School, and Susquehanna Township Middle School.

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