NOT LISTED FOR SALE

502 E Cumberland St Lebanon, PA 17042

Hebron Neighborhood

Estimated Value: $224,000 - $281,000

-- Bed
2 Baths
1,428 Sq Ft
$172/Sq Ft Est. Value

Last Sold September 24, 2020

Last sale price $275,000 $193 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,677/month

10 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Porch
  • Wood Flooring
  • 1 Car Detached Garage
  • Oversized Parking

About This Home

As of September 2020

4 unit plus garage spaces in Cornwall Lebanon School District - Live in one and rent the other 3. One unit vacant, the other 3 have long term tenants. Well maintained property. 502 E. Cumberland - Vacant - Was renting 825/mon plus utilities - 3 BR, 1 Bath plus laundry facility 504 (East unit) 600/month plus electric heat - month to month - 2 BR, 1 Bath 504 (West unit) 625/month plus electric heat - month to month - 2 BR 1 Bath 506 E Cumberland - 800/month plus utilities - 3 BR, 1 Bath Garage - Owner occupied - contains coin operated washer/dryer not presently used.

Last Agent to Sell the Property

Rhoda Long

Berkshire Hathaway HomeServices Homesale Realty Listed on: 08/20/2020

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Kim Latshaw

Focus Realty LLC License #RM424017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,329

Year Built

  • Built in 1858 | Remodeled in 2012

Lot Details

  • 2,614 Sq Ft Lot
  • Property is in good condition

Parking

  • 1 Car Detached Garage
  • 4 Off-Street Spaces
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Rear-Facing Garage
  • Gravel Driveway
  • On-Street Parking

Home Design

  • Quadruplex
  • Traditional Architecture
  • Plaster Walls
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Cedar Closet
  • 1,428 Sq Ft Home
  • Paneling
  • Electric Oven or Range

Flooring

  • Wood
  • Partially Carpeted
  • Laminate
  • Ceramic Tile
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Dirt Floor

Outdoor Features

  • Porch

Schools

  • Cedar Crest High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • 100 Amp Service
  • 60 Amp Service
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 30-243887-3700240000, 2343894-369943, 30234390024

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals
  • Insurance Expense $704
  • Trash Expense $436

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,329

Year Built

Built in 1858 | Remodeled in 2012

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Refrigerator and ranges in each unit, coin operated washer/dryer in garage
  • New Construction: No
  • Year Built: 1858
  • Year Renovated: 2012
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: 4 unit plus garage spaces in Cornwall Lebanon School District - Live in one and rent the other 3. One unit vacant, the other 3 have long term tenants. Well maintained property. 502 E. Cumberland - Vacant - Was renting 825/mon plus utilities - 3 BR, 1 Bath plus laundry facility 504 (East unit) 600/month plus electric heat - month to month - 2 BR, 1 Bath 504 (West unit) 625/month plus electric heat - month to month - 2 BR 1 Bath 506 E Cumberland - 800/month plus utilities - 3 BR, 1 Bath Garage - Owner occupied - contains coin operated washer/dryer not presently used.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Laminated, Partially Carpeted, Vinyl
  • Interior Amenities: Cedar Closet(s)
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Paneled Walls, Plaster Walls
  • Basement: Yes
  • Basement Type: Full, Dirt Floor
  • Total Sq Ft: 1428
  • Living Area Sq Ft: 1428
  • Price Per Sq Ft: 181.37
  • Above Grade Finished Sq Ft: 1428
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 502 -504-506

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks
  • Roof: Composite
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Crushed Stone
  • Garage Features: Additional Storage Area, Garage - Rear Entry, Oversized
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Off Street, On Street, Detached Garage
  • Off Street Parking Spaces: 4

Utilities

  • Refuse: 436.00
  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service, 60 Amp Service
  • Heating Fuel: Natural Gas, Electric, Oil
  • Heating Type: Baseboard - Hot Water, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CORNWALL-LEBANON
  • High School: CEDAR CREST
  • High School Source: Listing Agent
  • School District Key: 300200397385
  • School District Source: Listing Agent
  • High School: CEDAR CREST

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 195300.00
  • Land Assessed Value: 45900.00
  • Land Use Code: 101
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 3
  • Rent Control: No
  • Total Actual Rent: 34200.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10347999
  • School Tax: 3263.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 4329.00
  • Assessor Parcel Number: 30-243887-3700240000, 2343894-369943, 30234390024
  • Tax Total Finished Sq Ft: 1428
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 09/24/2020

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 34200.00
  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: CORNWALL-LEBANON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Sep 24, 2020
Sold by
Custer Troy S and Custer Tina M
Bought by
Windy Mansion Investments Llc
Seller's Agent
Rhoda Long
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Kim Latshaw
Focus Realty LLC
List Price
$259,000
Sold Price
$275,000
Premium/Discount to List
$16,000
6.18%
Current Estimated Value
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,000
Avg. Annual Appreciation
-2.27%

Purchase Details

Closed on
Aug 5, 2005
Sold by
Griffith E Allen and Griffith Patricia E
Bought by
Fessler Randy L and Bottenfield Belinda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.63%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Windy Mansion Investments Llc $275,000 Regal Abstract Lp
Fessler Randy L $154,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fessler Randy L $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2020 09/24/20 Sold $275,000 +6.2% $193 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $259,000 -- $181 / 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 $3,893 $158,500 $22,100 $136,400
2024 $3,548 $158,500 $22,100 $136,400
2023 $1,419 $63,400 $15,400 $48,000
2022 $1,380 $63,400 $15,400 $48,000
2021 $1,313 $63,400 $15,400 $48,000
2020 $1,303 $63,400 $15,400 $48,000
2019 $1,258 $63,400 $15,400 $48,000
2018 $1,230 $63,400 $15,400 $48,000
2017 $306 $63,400 $15,400 $48,000
2016 $1,203 $63,400 $15,400 $48,000
2015 -- $63,400 $15,400 $48,000
2014 -- $63,400 $15,400 $48,000
Source: Public Records

Agents Affiliated with this Home

  • Rhoda Long

    Seller's Agent in 2020

    Rhoda Long

    Berkshire Hathaway HomeServices Homesale Realty

    (717) 279-6222

    2 in this area

    69 Total Sales

    Rhoda Long
    Section Image
  • Kim Latshaw

    Buyer's Agent in 2020

    Kim Latshaw

    Focus Realty LLC

    (717) 341-5081

    1 in this area

    60 Total Sales

    Kim Latshaw
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PALN115254

Bright MLS

APN: 30-2343887-370024-0000

Pennsylvania Lebanon County Lebanon 17042 Hebron

502 E Cumberland St, Lebanon, PA

This home is located at 502 E Cumberland St, Lebanon, PA 17042 since 20 August 2020 and is currently estimated at $245,000, approximately $171 per square foot. This property was built in 1858. 502 E Cumberland St is a home located in Lebanon County with nearby schools including South Lebanon Elementary School, Cedar Crest Middle School, and Cedar Crest High School.

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