$310,000
SOLD AUG 21, 2020

38 W Central Ave Bangor, PA 18013

8 Beds
5 Baths
3,478 Sq Ft
8,080 Sq Ft Lot

Recently Sold

$89 Per Sq Ft

2% Below List Price

About This Home

As of September 2023

Property was sold before it hit market. Entire property was remodeled in 2009 with new roofs, siding, windows, electrical, plumbing, kitchens, bathrooms and flooring. Great net number. Owner is a PA Realtor

Last Agent to Sell the Property

Frank Comunale

Country Classic Real Estate License #RS343522 Listed on: 08/05/2020

Last Buyer's Agent

Joe Kessler

Realty Executives

Realty Executives

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,550

Year Built

  • Built in 1900

Lot Details

  • 8,080 Sq Ft Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 3,478 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Parking

  • 10 Parking Spaces
  • Unpaved Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number D10SW1C3-6A-0109

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $4,580
  • Insurance Expense $1,800
  • Trash Expense $1,132
  • Water Sewer Expense $3,630
  • Operating Expense $17,015
  • Gross Income $46,500
  • Net Operating Income $29,485

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,550

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Complex
  • County Assessment: 69700.00
  • Stories: 3.0
  • Year Built: 1900
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 5
  • Full Bathrooms: 5
  • Bedrooms: 8
  • Square Footage: 3478

Exterior Features

  • Construction: Vinyl

Garage/Parking

  • Parking: Unpaved Lot
  • Parking Spaces: 10

Utilities

  • Cooling: Wall AC
  • Heat Type: Electric, Gas
  • Sewer: Public
  • Water: Public
  • Electric: 4580
  • Gas: 253
  • Insurance: 1800
  • Trash Removal: 1132
  • Water Sewer: 3630

Fee Information

  • Operating Expense: 17015

Schools

  • School District: Bangor

Lot Info

  • Acres: 0.185
  • Lot Sq Ft: 8080
  • Zoning Code: R1

Tax Info

  • Assessor Parcel Number: D10SW1C3-6A-0109
  • County Taxes: 752.76
  • Municipal Taxes: 869.16
  • Total Taxes: 5550.21

Multi Family

  • School Taxes: 3928.29
  • Total Units: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Sep 15, 2023
Sold by
38 West Central Avenue Associates Llc
Bought by
Mplp2000 Llc
Seller's Agent
Joe Kessler
Realty Executives
Buyer's Agent
Jennifer de Jesus
Steel City Realty
List Price
$369,900
Sold Price
$369,900
Views
12
Current Estimated Value
$410,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,801
Avg. Annual Appreciation
3.73%
Original Mortgage
$295,920
Outstanding Balance
$290,968
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$105,451

Purchase Details

Listed on
Aug 5, 2020
Closed on
Aug 20, 2020
Sold by
Comunale Frank and Comunale Ashley R
Bought by
38 West Central Avenue Associates Llc
Seller's Agent
Frank Comunale
Country Classic Real Estate
Buyer's Agent
Joe Kessler
Realty Executives
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
Original Mortgage
$232,500
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 12, 2010
Sold by
Fannie Mae
Bought by
Comunale Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
4.51%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 30, 2010
Sold by
Funk Keith M and Funk Teresa M Reilly
Bought by
Federal National Mortgage Association
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 Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Deed $310,000 Oz Abstract & Setmnt Svcs In
Deed $80,000 None Available
Sheriffs Deed $1,668 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $295,920 New Conventional
Previous Owner $232,500 Commercial
Previous Owner $60,000 Future Advance Clause Open End Mortgage
Previous Owner $142,800 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $369,900 0.0% $106 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
08/01/2023 08/01/23 For Sale $369,900 0.0% $106 / Sq Ft
04/29/2022 04/29/22 Rented $700 0.0% --
04/12/2022 04/12/22 For Rent $700 0.0% --
08/21/2020 08/21/20 Sold $310,000 -1.6% $89 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $315,000 -- $91 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

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 $753 $69,700 $15,900 $53,800
2024 $5,619 $69,700 $15,900 $53,800
2023 $5,550 $69,700 $15,900 $53,800
2022 $5,550 $69,700 $15,900 $53,800
2021 $5,620 $69,700 $15,900 $53,800
2020 $5,620 $69,700 $15,900 $53,800
2019 $5,547 $69,700 $15,900 $53,800
2018 $5,508 $69,700 $15,900 $53,800
2017 $5,470 $69,700 $15,900 $53,800
2016 -- $69,700 $15,900 $53,800
2015 -- $69,700 $15,900 $53,800
2014 -- $69,700 $15,900 $53,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 644967

Greater Lehigh Valley REALTORS®

APN: D10SW1C3-6A-0109