NOT LISTED FOR SALE

510 E 5th St Hazleton, PA 18201

Estimated Value: $116,973 - $419,000

-- Bed
-- Bath
1,350 Sq Ft
$188/Sq Ft Est. Value

Last Sold August 23, 2016

Last sale price $148,000 $110 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,471/month

14 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Gas

About This Home

As of August 2016

In town 6 unit close to schools and shopping. Positive Cash Flow, 9.9 Cap rate. Natural Gas Heat, Good tenant history, Modern Kitchens and baths, all units have washer and dryer hook ups, and dishwashers.

Last Agent to Sell the Property

Michael Brugger

Landmark Associates Realty Inc License #RM419820 Listed on: 06/06/2016

Last Buyer's Agent

Michael Brugger

Landmark Associates Realty Inc License #RM419820 Listed on: 06/06/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,914

Year Built

  • Built in 1950

Lot Details

  • 2,432 Sq Ft Lot
  • Lot Dimensions are 32 x 38 x32 x 38
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Shingle Roof
  • Aluminum Siding

Schools

  • Hazleton Area High School

Utilities

  • Heating System Uses Gas
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • En-Suite Primary Bedroom
  • Washer and Dryer Hookup
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Assessor Parcel Number 71-T8NW32-007-003

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $1,706
  • Maintenance Expense $3,937
  • Other Expense $3,138
  • Operating Expense $17,949

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,914

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Inclusions: 6 Ranges, 6 Dishwashers
  • New Construction: No
  • Other Expense: 3138.00
  • Year Built: 1950
  • Remarks Public: In town 6 unit close to schools and shopping. Positive Cash Flow, 9.9 Cap rate. Natural Gas Heat, Good tenant history, Modern Kitchens and baths, all units have washer and dryer hook ups, and dishwashers.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Hookup
  • Street Number Modifier: 510

Exterior Features

  • Construction Materials: Aluminum Siding
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Annual Heating Expense: 4685.00
  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1569.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: HAZLETON AREA
  • High School: HAZLETON AREA
  • School District Key: 300200397254
  • High School: HAZLETON AREA

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 32 X 38 X32 X 38
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2432.00
  • Property Condition: Good
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 46800.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

Tax Info

  • Tax Annual Amount: 2914.00
  • Assessor Parcel Number: 71-T8NW32-007-003
  • Tax Year: 2015
  • Close Date: 08/23/2016

MLS Schools

  • School District Name: HAZLETON AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2024
Sold by
510 East 5Th Street Llc
Bought by
Monge Edgardo and Monge Maria
Total Days on Market
14
Current Estimated Value
$253,493

Purchase Details

Listed on
Jun 6, 2016
Closed on
Aug 2, 2016
Sold by
Perilla Frances and Estate Of Roxy P Fornataro
Bought by
510 East 5Th Street Llc
Seller's Agent
Michael Brugger
Landmark Associates Realty Inc
Buyer's Agent
Michael Brugger
Landmark Associates Realty Inc
List Price
$164,900
Sold Price
$148,000
Premium/Discount to List
-$16,900
-10.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$125,800
Interest Rate
3.45%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 11, 2010
Sold by
Fornataro Rocco and Fornataro Roxy
Bought by
Fornataro Roxy
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
Monge Edgardo $375,000 None Listed On Document
510 East 5Th Street Llc $148,000 Attorney
Fornataro Roxy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 510 East 5Th Street Llc $246,000
Previous Owner 510 East 5Th Street Llc $125,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2016 08/23/16 Sold $148,000 -10.2% $110 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $164,900 -- $122 / 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 $1,499 $55,700 $20,900 $34,800
2024 $1,499 $55,700 $20,900 $34,800
2023 $1,401 $55,700 $20,900 $34,800
2022 $1,391 $55,700 $20,900 $34,800
2021 $1,359 $55,700 $20,900 $34,800
2020 $1,214 $55,700 $20,900 $34,800
2019 $1,253 $55,700 $20,900 $34,800
2018 $1,210 $55,700 $20,900 $34,800
2017 $1,116 $55,700 $20,900 $34,800
2016 $408 $55,700 $20,900 $34,800
2015 $375 $55,700 $20,900 $34,800
2014 $375 $55,700 $20,900 $34,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003898413

Bright MLS

APN: 71-T8NW32-007-003-000