NOT LISTED FOR SALE

423 N 6th St Lebanon, PA 17046

Estimated Value: $151,659 - $204,000

-- Bed
2 Baths
2,078 Sq Ft
$86/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $128,000 $62 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,132/month

21 Days on Market

Highlights

  • Traditional Architecture
  • Electric Baseboard Heater
  • 4-minute walk to Monument Park
  • No HOA

About This Home

As of April 2021

Looking for a new investor for this two 3BR unit in good condition. Also has a small garage out back which is vacant but had rented for $65.00 per month. Owner pays water and sewer and trash. Great cash flow. A must see.

Last Agent to Sell the Property

Kim Latshaw

Focus Realty LLC License #RM424017 Listed on: 02/18/2021

Co-Listed By

Joel Latshaw

Focus Realty LLC License #RS342033

Last Buyer's Agent

J D Fisher

Hostetter Realty License #RS321446

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,680

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Victorian Architecture
  • Aluminum Siding

Interior Spaces

  • 2,078 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Lebanon High School

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for insurance, sewer, real estate taxes, trash collection, water
  • Assessor Parcel Number 05-2338694-371855-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $540
  • Trash Expense $369
  • Operating Expense $4,610
  • Gross Income $18,180
  • Net Operating Income $13,570

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,680

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional, Victorian
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: 2 stoves, 2 refrigerators
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Looking for a new investor for this two 3BR unit in good condition. Also has a small garage out back which is vacant but had rented for $65.00 per month. Owner pays water and sewer and trash. Great cash flow. A must see.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room Count: 12
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2078
  • Living Area Sq Ft: 2078
  • Price Per Sq Ft: 67.37
  • Above Grade Finished Sq Ft: 2078
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 423

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 150
  • Water Previous Twelve Months: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: LEBANON
  • High School: LEBANON
  • High School Source: Listing Agent
  • School District Key: 300200397291
  • School District Source: Listing Agent
  • High School: LEBANON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 50300.00
  • Land Assessed Value: 7300.00
  • Land Use Code: 102
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 1
  • Owner Pays: Insurance, Sewer, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Total Actual Rent: 18180.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10309361
  • School Tax: 1226.00
  • Tax Annual Amount: 1680.00
  • Assessor Parcel Number: 05-2338694-371855-0000
  • Tax Total Finished Sq Ft: 2078
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/29/2021

Multi Family

  • Gross Income: 18180.00
  • Gross Scheduled Income: 18180.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 4610.00
  • Other Units: Unit 1,Unit 2
  • Single Room Units Count: 2

MLS Schools

  • School District Name: LEBANON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Apr 29, 2021
Sold by
Zimmerman Curtis H
Bought by
Stellar Real Estate Llc
Seller's Agent
Kim Latshaw
Focus Realty LLC
Buyer's Agent
J D Fisher
Hostetter Realty
List Price
$140,000
Sold Price
$128,000
Premium/Discount to List
-$12,000
-8.57%
Current Estimated Value
$179,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,665
Avg. Annual Appreciation
9.54%
Original Mortgage
$96,000
Outstanding Balance
$61,784
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$128,294

Purchase Details

Closed on
Aug 21, 2018
Sold by
Stoner Wiliam M and Stoner Sherry A
Bought by
Zimmerman Curtis H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,800
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2008
Sold by
Pidgorodetskiy Mikhail
Bought by
Stoner William M and Stoner Sherry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
6.07%
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
Stellar Real Estate Llc $128,000 None Available
Zimmerman Curtis H $77,250 None Available
Stoner William M $84,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stellar Real Estate Llc $96,000
Previous Owner Zimmerman Curtis H $61,800
Previous Owner Stoner William M $74,931
Previous Owner Stoner William M $75,600
Previous Owner Pidgorodetskiy Mikhail M $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $128,000 -8.6% $62 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $140,000 -- $67 / 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 $1,856 $57,600 $7,300 $50,300
2024 $1,768 $57,600 $7,300 $50,300
2023 $1,768 $57,600 $7,300 $50,300
2022 $1,739 $57,600 $7,300 $50,300
2021 $1,680 $57,600 $7,300 $50,300
2020 $1,680 $57,600 $7,300 $50,300
2019 $1,656 $57,600 $7,300 $50,300
2018 $1,608 $57,600 $7,300 $50,300
2017 $454 $57,600 $7,300 $50,300
2016 $1,565 $57,600 $7,300 $50,300
2015 $1,075 $57,600 $7,300 $50,300
2014 $1,075 $57,600 $7,300 $50,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALN117944

Bright MLS

APN: 05-2338694-371855-0000