Seller's Agent in 2021
Isaac Spearman
Renaissance Realty Sales, LLC
(717) 825-8466
85 Total Sales
417 N 7th St Lebanon, PA 17046
Estimated Value: $282,000 - $448,000
--
Bed
3
Baths
2,576
Sq Ft
$133/Sq Ft
Est. Value
Highlights
- Federal Architecture
- Hot Water Heating System
- 3-minute walk to Monument Park
- No HOA
About This Home
As of September 2021Stunning 4 Unit investment property conveniently located in Lebanon City. 3 units are rent ready and have all been beautifully renovated with updated flooring/carpet, fresh paint, new bath/shower install, and the kitchens have been updated with a modern farmhouse feel. First unit is a one bedroom, one bath with projected rent of $795. Second unit is a two bedroom, one bath with a projected rent of $895. Third unit is a studio with bath and balcony and has a projected rent of $695. The 4th unit is a 2 bedroom, 1 bath, pending renovation. It’s a detached unit that not only offers privacy but includes a 1 car garage and has a projected rental income of $850/mo. The backyard is well maintained and offers the perfect amount of space for private gatherings. Tenants are responsible for split electric and hot water. New Whirlpool hot water heaters installed. The potential cash flow for this investment property after expenses soars above $2,700 per month at a 15% CAP Rate! Don’t miss out on this EASY PEASY CASH FLOWING opportunity!!!
Last Agent to Sell the Property
(717) 825-8466 idspearman8@gmail.com Renaissance Realty Sales, LLC Listed on: 08/13/2021
Last Buyer's Agent
(717) 821-3949 ftomecek422@comcast.net RE/MAX Cornerstone License #RM424564
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,808
Year Built
- Built in 1900
Lot Details
- 3,920 Sq Ft Lot
Parking
- Off-Street Parking
Home Design
- 2,576 Sq Ft Home
- Quadruplex
- Federal Architecture
- Brick Exterior Construction
Utilities
- Heating System Uses Oil
- Hot Water Heating System
- Electric Water Heater
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 05-2338417-371838-0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 13, 2021
Closed on
Sep 15, 2021
Sold by
Premier Home Solutions Llc
Bought by
Wsb Properties Llc
Seller's Agent
Isaac Spearman
Renaissance Realty Sales, LLC
Buyer's Agent
Frank Tomecek, Jr.
RE/MAX Cornerstone
List Price
$214,900
Sold Price
$225,000
Premium/Discount to List
$10,100
4.7%
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
$116,719
Avg. Annual Appreciation
10.68%
Original Mortgage
$150,000
Outstanding Balance
$94,804
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$246,915
Purchase Details
Listed on
Sep 25, 2020
Closed on
Mar 19, 2021
Sold by
Flint John D and Flint Elizabeth A
Bought by
Premier Home Solutions Llc
Seller's Agent
Heather Wolfe
Tri Corner Realty, LLC
Buyer's Agent
Chad Burrows
Inch & Co. Real Estate, LLC
List Price
$18,600
Sold Price
$40,000
Premium/Discount to List
$21,400
115.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3295.18%
Original Mortgage
$70,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Mar 26, 2007
Sold by
Maleszweski Roman and Maleszweski Urszula B
Bought by
Flint John D and Flint Elizabeth A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,900
Interest Rate
9.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wsb Properties Llc | $225,000 | None Available | |
| Premier Home Solutions Llc | $40,000 | Deedworks Title | |
| Flint John D | $91,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wsb Properties Llc | $150,000 | |
| Previous Owner | Premier Home Solutions Llc | $70,000 | |
| Previous Owner | Flint John D | $81,900 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/15/2021 09/15/21 | Sold | $225,000 | +4.7% | $87 / Sq Ft | |
| 08/13/2021 08/13/21 | Pending | -- | -- | -- | |
| 08/13/2021 08/13/21 | For Sale | $214,900 | +437.3% | $83 / Sq Ft | |
| 03/19/2021 03/19/21 | Sold | $40,000 | 0.0% | $16 / Sq Ft | View Prior Sale |
| 01/18/2021 01/18/21 | Price Changed | $40,000 | -33.3% | $16 / Sq Ft | |
| 01/18/2021 01/18/21 | Price Changed | $60,000 | -49.4% | $23 / Sq Ft | |
| 09/25/2020 09/25/20 | Price Changed | $118,600 | +537.6% | $46 / Sq Ft | |
| 09/25/2020 09/25/20 | For Sale | $18,600 | -- | $7 / Sq Ft | |
| 09/25/2020 09/25/20 | Pending | -- | -- | -- |
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 | $5,302 | $164,600 | $9,900 | $154,700 |
| 2024 | $5,052 | $164,600 | $9,900 | $154,700 |
| 2023 | $5,052 | $164,600 | $9,900 | $154,700 |
| 2022 | $4,970 | $164,600 | $9,900 | $154,700 |
| 2021 | $2,768 | $94,900 | $9,900 | $85,000 |
| 2020 | $2,768 | $94,900 | $9,900 | $85,000 |
| 2019 | $2,728 | $94,900 | $9,900 | $85,000 |
| 2018 | $2,649 | $94,900 | $9,900 | $85,000 |
| 2017 | $747 | $94,900 | $9,900 | $85,000 |
| 2016 | $2,579 | $94,900 | $9,900 | $85,000 |
| 2015 | $1,772 | $94,900 | $9,900 | $85,000 |
| 2014 | $1,772 | $94,900 | $9,900 | $85,000 |
Source: Public Records
Agents Affiliated with this Home
-
Isaac Spearman
-
Heather Wolfe
Seller's Agent in 2021
Heather Wolfe
Tri Corner Realty, LLC
28 Total Sales
-
Frank Tomecek, Jr.
Buyer's Agent in 2021
Frank Tomecek, Jr.
RE/MAX
(717) 821-3949
69 Total Sales
-
Chad Burrows
C
Buyer's Agent in 2021
Chad Burrows
Inch & Co. Real Estate, LLC
(717) 858-2163
69 Total Sales
Map
Source: Bright MLS
MLS Number: PALN2001124
APN: 05-2338417-371838-0000
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