NOT LISTED FOR SALE

536 Locust St Lebanon, PA 17042

Estimated Value: $152,000 - $181,000

-- Bed
2 Baths
1,446 Sq Ft
$112/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $90,000 $62 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,008/month

Highlights

  • No HOA
  • Forced Air Heating System
  • 4-minute walk to S. Sixth St Playground
  • Paneling
  • Carpet

About This Home

As of May 2019

Rehabbed 2 unit on southside. Windows are replacement windows on 1st floor. Tenant pays electric and hot water. Owner pays heat , garbage. 2 ranges and refrigerators. Both units are 4 rooms each. 1st floor could be used as 2 bedroom. 1sr floor rent $835. 2nd floor rent $635.

Last Agent to Sell the Property

HARRIET PONESSA

hponessa@comcast.net Howard Hanna Krall Real Estate Listed on: 04/04/2019

Last Buyer's Agent

John Jernigan

(717) 507-3748 John.Jernigan@cbhomes.com Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,645

Year Built

  • Built in 1901

Lot Details

  • 1,742 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Converted Dwelling
  • Plaster Walls
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,446 Sq Ft Home
  • Paneling

Flooring

  • Carpet
  • Laminate
  • Vinyl

Basement

  • Partial Basement
  • Dirt Floor

Schools

  • Lebanon Middle School
  • Lebanon High School

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for gas, insurance, sewer, water, trash collection
  • Assessor Parcel Number 01-2339237-367700-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals
  • Operating Expense $2,888
  • Net Operating Income $14,731

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,645

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: 2 ranges, 2 refrigerators
  • New Construction: No
  • Expected On Market: 2019-04-04
  • Year Built: 1901
  • Remarks Public: Rehabbed 2 unit on southside. Windows are replacement windows on 1st floor. Tenant pays electric and hot water. Owner pays heat , garbage. 2 ranges and refrigerators. Both units are 4 rooms each. 1st floor could be used as 2 bedroom. 1sr floor rent $835. 2nd floor rent $635.
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Laminated, Vinyl
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Paneled Walls, Plaster Walls
  • Basement: Yes
  • Basement Type: Dirt Floor, Partial
  • Total Sq Ft: 1446
  • Living Area Sq Ft: 1446
  • Price Per Sq Ft: 66.32
  • Above Grade Finished Sq Ft: 1446
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 536

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Gas Avg Month: 54.33
  • Gas Prev12 Months: 652.00
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 19
  • Water Previous Twelve Months: 229.35
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

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: 49900.00
  • Land Assessed Value: 6500.00
  • Land Use Code: 102
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: OI

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: Gas, Insurance, Sewer, Water, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 17628.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10305601
  • School Tax: 1201.00
  • Tax Annual Amount: 1645.00
  • Assessor Parcel Number: 01-2339237-367700-0000
  • Tax Total Finished Sq Ft: 1446
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2020
  • Close Date: 05/10/2019

Multi Family

  • Gross Income: 17628.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 2888.00

MLS Schools

  • School District Name: LEBANON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2019
Closed on
May 6, 2019
Sold by
Avid Creative Investments Llc
Bought by
Roarabaugh Thomas P
Seller's Agent
HARRIET PONESSA
Howard Hanna Krall Real Estate
Buyer's Agent
John Jernigan
Coldwell Banker Realty
List Price
$95,900
Sold Price
$90,000
Premium/Discount to List
-$5,900
-6.15%
Current Estimated Value
$162,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,122
Avg. Annual Appreciation
9.55%
Original Mortgage
$67,500
Outstanding Balance
$59,104
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$103,018

Purchase Details

Closed on
Jun 4, 2010
Sold by
Liberty Investment Associates Inc
Bought by
Avid Creative Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,800
Interest Rate
4.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2007
Sold by
Dunk Stanford C and Dunk Pamela E
Bought by
Liberty Investments Associates Inc
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
Roarabaugh Thomas P $90,000 Title Services
Avid Creative Investments Llc $61,000 None Available
Liberty Investments Associates Inc $39,082 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roarabaugh Thomas P $67,500
Previous Owner Avid Creative Investments Llc $48,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2019 05/10/19 Sold $90,000 -6.2% $62 / Sq Ft
04/06/2019 04/06/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $95,900 -- $66 / 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 $1,817 $56,400 $6,500 $49,900
2024 $1,731 $56,400 $6,500 $49,900
2023 $1,731 $56,400 $6,500 $49,900
2022 $1,703 $56,400 $6,500 $49,900
2021 $1,645 $56,400 $6,500 $49,900
2020 $1,645 $56,400 $6,500 $49,900
2019 $1,621 $56,400 $6,500 $49,900
2018 $1,666 $59,700 $6,500 $53,200
2017 $470 $59,700 $6,500 $53,200
2016 $1,622 $59,700 $6,500 $53,200
2015 $1,115 $59,700 $6,500 $53,200
2014 $1,115 $59,700 $6,500 $53,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALN106208

Bright MLS

APN: 01-2339237-367700-0000