$54,000
SOLD MAY 17, 2017

435 Union St Lebanon, PA 17042

-- Bed
-- Bath
756 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$71 Per Sq Ft

23% Below List Price

177 Days on Market

About This Home

As of February 2025

Investment opportunity with a 17% cap rate! Solid brick 2 unit fully occupied. Tenants pay $600 per month and all utilities except trash. Natural gas heat. Off-street parking.

Last Agent to Sell the Property

Amy Zechman

Iron Valley Real Estate License #RS312912 Listed on: 10/25/2016

Iron Valley Real Estate

Last Buyer's Agent

Debbie Glover

Coldwell Banker Realty License #LCAOR:321295:1292517BR1

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 98x26

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Composition Roof

Attic

  • Storage In Attic

Schools

  • Lebanon Middle School
  • Lebanon High School

Utilities

  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Washer and Dryer Hookup
  • Exterior Basement Entry
  • Outdoor Storage

Listing and Financial Details

  • Tenant pays for heat, hot water, sewer, electricity, water
  • Assessor Parcel Number 01-2339677-368235-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Trash Expense $320
  • Operating Expense $320
  • Net Operating Income $12,179

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • New Construction: No
  • Storage: Attic, Basement
  • Year Built: 1942
  • Remarks Public: Investment opportunity with a 17% cap rate! Solid brick 2 unit fully occupied. Tenants pay $600 per month and all utilities except trash. Natural gas heat. Off-street parking.
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Outside Entrance, Unfinished
  • Street Number Modifier: 435-437

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Secure Storage
  • Roof: Composite, Shingle
  • 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
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Hot Water: Electric, Natural Gas
  • 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: LEBANON
  • Middle School: LEBANON
  • High School: LEBANON
  • School District Key: 300200397291
  • High School: LEBANON
  • Middle Or Junior School: LEBANON

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 98x26
  • Property Attached Yn: Yes
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Heat, Hot Water, Sewer, Electricity, Water
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10305880
  • School Tax: 1364.72
  • Tax Annual Amount: 1900.91
  • Assessor Parcel Number: 01-2339677-368235-0000
  • County Tax Payment Frequency: Annually
  • Close Date: 05/17/2017

Multi Family

  • Gross Income: 14400.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 320.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: LEBANON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2025
Closed on
Feb 26, 2025
Sold by
Tobias Eric
Bought by
Bhive Properties Llc
Seller's Agent
Carson Perlaki
Keller Williams Realty
Buyer's Agent
Jeff Dieffenbach
RE/MAX Evolved
List Price
$185,000
Sold Price
$200,500
Premium/Discount to List
$15,500
8.38%
Views
23
Current Estimated Value
$197,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,760
Avg. Annual Appreciation
-3.21%

Purchase Details

Listed on
Oct 25, 2016
Closed on
May 17, 2017
Sold by
Arnold John F and Arnold Kathleen
Bought by
Tobias Eric
Seller's Agent
Amy Zechman
Iron Valley Real Estate
Buyer's Agent
Debbie Glover
Coldwell Banker Realty
List Price
$69,900
Sold Price
$54,000
Premium/Discount to List
-$15,900
-22.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.34%
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 Type Sale Price Title Company
Deed $201,500 None Listed On Document
Deed $54,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $426,640 New Conventional
Previous Owner $474,400 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Sold $200,500 +8.4% $133 / Sq Ft
02/07/2025 02/07/25 Pending -- -- --
02/06/2025 02/06/25 For Sale $185,000 +242.6% $122 / Sq Ft
05/17/2017 05/17/17 Sold $54,000 -22.7% $71 / Sq Ft
04/20/2017 04/20/17 Pending -- -- --
10/25/2016 10/25/16 For Sale $69,900 -- $92 / 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 $2,194 $68,100 $8,800 $59,300
2024 $2,090 $68,100 $8,800 $59,300
2023 $2,090 $68,100 $8,800 $59,300
2022 $2,056 $68,100 $8,800 $59,300
2021 $1,986 $68,100 $8,800 $59,300
2020 $1,986 $68,100 $8,800 $59,300
2019 $1,957 $68,100 $8,800 $59,300
2018 $1,901 $68,100 $8,800 $59,300
2017 $536 $68,100 $8,800 $59,300
2016 $1,851 $68,100 $8,800 $59,300
2015 $1,271 $68,100 $8,800 $59,300
2014 $1,271 $68,100 $8,800 $59,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002739809

Bright MLS

APN: 01-2339677-368235-0000