Seller's Agent in 2024
Brad Mullen
Mullen Realty Associates
(570) 778-2149
9 in this area
563 Total Sales
56 N Nice St Frackville, PA 17931
Estimated Value: $288,000 - $455,229
--
Bed
4
Baths
4,090
Sq Ft
$83/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Ceiling Fan
- Property is in very good condition
- More Than Two Accessible Exits
- Electric Baseboard Heater
- 4-minute walk to Frackville Memorial Park
About This Home
As of May 2024This beautiful 4 unit apartment building is located in Frackville, Pa and would make a great investment for someone looking for 100% turn-key income. This property has been nicely updated and features four, spacious 2 bedroom apartments. This property is being sold at 8.8% cap rate. Annual income over $57,000 a year with low expenses. Call today to schedule a private showing.
Last Agent to Sell the Property
Mullen Realty Associates License #RM425563 Listed on: 01/29/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,657
Year Built
- Built in 1893
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 46.00 x 150.00
- Property is in very good condition
Parking
- Off-Street Parking
Home Design
- Quadruplex
- Colonial Architecture
- Permanent Foundation
- Frame Construction
Interior Spaces
- 4,090 Sq Ft Home
- Ceiling Fan
Accessible Home Design
- More Than Two Accessible Exits
Utilities
- Heating System Uses Natural Gas
- Heating System Powered By Leased Propane
- Hot Water Baseboard Heater
- Electric Baseboard Heater
- Electric Water Heater
- Private Sewer
Listing and Financial Details
- The owner pays for heat, water, trash collection, lawn/shrub care, sewer
- Tax Lot 249
- Assessor Parcel Number 43-03-0249
Community Details
Overview
- 4 Units
Building Details
- 1 Vacant Unit
- Income includes laundry, apartment rentals
- Operating Expense $14,212
- Net Operating Income $43,088
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 29, 2024
Closed on
May 3, 2024
Sold by
Metz Properties Llc
Bought by
Ruble Geoffrey Thomas and Ruble Michelle Kwon
Seller's Agent
Brad Mullen
Mullen Realty Associates
Buyer's Agent
Jessica Watson
Mullen Realty Associates
List Price
$489,999
Sold Price
$430,000
Premium/Discount to List
-$59,999
-12.24%
Views
51
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$91,693
Avg. Annual Appreciation
-17.09%
Original Mortgage
$238,620
Outstanding Balance
$236,135
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$102,172
Purchase Details
Closed on
Sep 26, 2019
Sold by
Wagner Brian
Bought by
Metz Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Oct 26, 2018
Sold by
Gergal Margaret T and Gergal Scott A
Bought by
Wagner Brian
Purchase Details
Closed on
Mar 4, 2016
Sold by
Gergal Margaret T
Bought by
Gergal Margaret T
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ruble Geoffrey Thomas | $430,000 | None Listed On Document | |
| Metz Properties Llc | $109,000 | None Available | |
| Wagner Brian | $65,000 | None Available | |
| Gergal Margaret T | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ruble Geoffrey Thomas | $238,620 | |
| Previous Owner | Metz Properties Llc | $248,000 | |
| Previous Owner | Metz Properties Llc | $81,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/03/2024 05/03/24 | Sold | $430,000 | -12.2% | $105 / Sq Ft |
| 02/22/2024 02/22/24 | Pending | -- | -- | -- |
| 01/29/2024 01/29/24 | For Sale | $489,999 | -- | $120 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,925 | $32,280 | $6,900 | $25,380 |
| 2024 | $2,702 | $32,280 | $6,900 | $25,380 |
| 2023 | $2,638 | $32,280 | $6,900 | $25,380 |
| 2022 | $2,586 | $32,280 | $6,900 | $25,380 |
| 2021 | $2,508 | $32,280 | $6,900 | $25,380 |
| 2020 | $2,434 | $32,280 | $6,900 | $25,380 |
| 2018 | $2,357 | $32,280 | $6,900 | $25,380 |
| 2017 | $2,302 | $32,280 | $6,900 | $25,380 |
| 2015 | -- | $32,280 | $6,900 | $25,380 |
| 2011 | -- | $32,280 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Jessica Watson
Mullen Realty Associates
(570) 366-4686
6 in this area
134 Total Sales
Map
Source: Bright MLS
MLS Number: PASK2013972
APN: 43-03-0249.000
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