NOT LISTED FOR SALE

509 N 5th St Lebanon, PA 17046

Estimated Value: $162,449 - $171,000

-- Bed
4 Baths
2,380 Sq Ft
$70/Sq Ft Est. Value

Last Sold November 26, 2021

Last sale price $115,000 $48 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,029/month

32 Days on Market

About This Home

As of November 2021

Very nice 2 unit with 2 bedrooms and 1 bath in each unit. Good size apartments, including kitchen, living room and dining area.

Last Agent to Sell the Property

Joe Wentzel

Penn Realty, LTD License #AB049989L Listed on: 10/04/2021

Co-Listed By

Brenda Wentzel

Penn Realty, LTD

Last Buyer's Agent

Lonnie Long

RE/MAX Cornerstone

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,264

Year Built

  • Built in 1900

Lot Details

  • 1,307

Parking

  • On-Street Parking

Home Design

  • 2,380 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Aluminum Siding

Schools

  • Lebanon Middle School
  • Lebanon High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • Electric Oven or Range
  • 1,307 Sq Ft Lot

Community Details

  • 2 Units
  • Trash Expense $372

Listing and Financial Details

  • The owner pays for sewer, water, trash collection
  • Assessor Parcel Number 05-2339218-372569-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,264

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: Stoves and refrigerators belong to seller.
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Remarks Public: Very nice 2 unit with 2 bedrooms and 1 bath in each unit. Good size apartments, including kitchen, living room and dining area.
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Foundation Details: Slab
  • Basement: No
  • Total Sq Ft: 2380
  • Living Area Sq Ft: 2380
  • Price Per Sq Ft: 50.38
  • Above Grade Finished Sq Ft: 2380
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 509

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • 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
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 51
  • Water Previous Twelve Months: 617.00
  • Water Source: Public

Schools

  • School District: LEBANON
  • Middle School: LEBANON
  • High School: LEBANON
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397291
  • School District Source: Listing Agent
  • High School: LEBANON
  • Middle Or Junior School: LEBANON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 35700.00
  • Land Assessed Value: 7000.00
  • Land Use Code: 102
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Year Assessed: 2021
  • Zoning: RES

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Owner Pays: Sewer, Water, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 12000.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10309658
  • School Tax: 927.00
  • Tax Annual Amount: 1264.00
  • Assessor Parcel Number: 05-2339218-372569-0000
  • Tax Total Finished Sq Ft: 2380
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 11/26/2021

MLS Schools

  • School District Name: LEBANON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2021
Closed on
Nov 24, 2021
Sold by
Schlegel Joseph K
Bought by
Hollingshead Ethan P and Hollingshead Diane J
Seller's Agent
Joe Wentzel
Penn Realty, LTD
Buyer's Agent
Lonnie Long
RE/MAX Cornerstone
List Price
$129,900
Sold Price
$115,000
Premium/Discount to List
-$14,900
-11.47%
Current Estimated Value
$167,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,612
Avg. Annual Appreciation
9.16%
Original Mortgage
$96,000
Interest Rate
3.05%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 10, 2015
Sold by
Hoch Robert B and Hoch Jodi L
Bought by
Schlegel Joseph K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2013
Sold by
Hoch Margie A and Schrum Connie L
Bought by
Hoch Robert B and Hoch Jody L

Purchase Details

Closed on
Apr 3, 2008
Sold by
Hoch Margie A
Bought by
Hoch Margie A and Hoch Robert B
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
Hollingshead Ethan P $115,000 None Available
Schlegel Joseph K $60,000 Attorney
Hoch Robert B -- None Available
Hoch Margie A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hollingshead Ethan P $128,000
Closed Hollingshead Ethan P $35,400
Closed Hollingshead Ethan P $96,000
Previous Owner Schlegel Joseph K $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2021 11/26/21 Sold $115,000 -4.1% $48 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
10/22/2021 10/22/21 Price Changed $119,900 -7.7% $50 / Sq Ft
10/04/2021 10/04/21 For Sale $129,900 -- $55 / 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 $1,376 $42,700 $7,000 $35,700
2024 $1,311 $42,700 $7,000 $35,700
2023 $1,311 $42,700 $7,000 $35,700
2022 $1,289 $42,700 $7,000 $35,700
2021 $1,245 $42,700 $7,000 $35,700
2020 $1,245 $42,700 $7,000 $35,700
2019 $1,227 $42,700 $7,000 $35,700
2018 $1,192 $42,700 $7,000 $35,700
2017 $336 $42,700 $7,000 $35,700
2016 $1,160 $42,700 $7,000 $35,700
2015 $797 $42,700 $7,000 $35,700
2014 $797 $42,700 $7,000 $35,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALN2001948

Bright MLS

APN: 05-2339218-372569-0000