NOT LISTED FOR SALE

38 E Water St Middletown, PA 17057

Estimated Value: $182,000 - $226,000

-- Bed
4 Baths
4,980 Sq Ft
$40/Sq Ft Est. Value

Last Sold December 14, 2015

Last sale price $140,000 $28 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,422/month

104 Days on Market

About This Home

As of December 2015

4 unit in Middletown brings in $2440/month. The owner only pays the water and sewer bills. The tenants pay other bills including heat. Taxes are $4613/yr.

Last Agent to Sell the Property

John Male

Infinity Real Estate Listed on: 08/11/2015

Last Buyer's Agent

John Male

Infinity Real Estate Listed on: 08/11/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,841

Home Design

  • Converted Dwelling
  • Brick Exterior Construction

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Utilities

  • Baseboard Heating
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Washer and Dryer Hookup
  • 7,841 Sq Ft Lot
  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for heat, hot water, electricity
  • Assessor Parcel Number 40-004-003-000-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Year Built: 1920
  • Remarks Public: 4 unit in Middletown brings in $2440/month. The owner only pays the water and sewer bills. The tenants pay other bills including heat. Taxes are $4613/yr.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Unfinished
  • Street Number Modifier: 38

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Fire Escape
  • 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

Utilities

  • Central Air Conditioning: No
  • Electric Service: 200+ Amp Service
  • Heating Type: Baseboard
  • Heating: Yes
  • 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: MIDDLETOWN AREA
  • School District Key: 300200396875

Lot Info

  • Lot Size Acres: 0.18
  • 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: 10586570
  • School Tax: 2948.16
  • Tax Annual Amount: 4612.85
  • Assessor Parcel Number: 40-004-003-000-0000
  • County Tax Payment Frequency: Annually
  • Close Date: 12/14/2015

Multi Family

  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: MIDDLETOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2014
Sold by
Deutsche Bank National Tr Co
Bought by
Harper Richard
Total Days on Market
104
Current Estimated Value
$198,140

Purchase Details

Closed on
Nov 1, 2013
Sold by
J R Lotwick Sheriff and Afghan Mohamed
Bought by
Deutsche Bank National Tr Co

Purchase Details

Closed on
Mar 31, 2004
Sold by
Conklin Craig
Bought by
Afghan Mohamed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,900
Interest Rate
5.58%
Mortgage Type
New Conventional
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
Harper Richard $22,000 --
Deutsche Bank National Tr Co -- --
Afghan Mohamed $84,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Afghan Mohamed $86,250
Previous Owner Afghan Mohamed $67,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2015 12/14/15 Sold $140,000 -22.2% $28 / Sq Ft
11/23/2015 11/23/15 Pending -- -- --
08/11/2015 08/11/15 For Sale $179,990 -- $36 / 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 $3,715 $83,800 $21,900 $61,900
2024 $3,513 $83,800 $21,900 $61,900
2023 $3,455 $83,800 $21,900 $61,900
2022 $3,329 $83,800 $21,900 $61,900
2021 $3,191 $83,800 $21,900 $61,900
2020 $3,117 $83,800 $21,900 $61,900
2019 $3,072 $83,800 $21,900 $61,900
2018 $2,904 $83,800 $21,900 $61,900
2017 $2,904 $83,800 $21,900 $61,900
2016 $0 $83,800 $21,900 $61,900
2015 -- $83,800 $21,900 $61,900
2014 -- $83,800 $21,900 $61,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002736521

Bright MLS

APN: 41-004-006