NOT LISTED FOR SALE

623 Maple St Lebanon, PA 17046

Estimated Value: $197,000 - $218,000

-- Bed
2 Baths
1,920 Sq Ft
$109/Sq Ft Est. Value

Last Sold February 11, 2021

Last sale price $140,500 $73 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,377/month

Highlights

  • Traditional Floor Plan
  • Wood Flooring
  • Balcony
  • Traditional Architecture
  • No HOA
  • Skylights

About This Home

As of February 2021

Check out this immaculate two unit, turn key rental property! Each unit has separate electric metering (100 Amps each) along with separate electric water heaters. Both units have updated electric heat throughout and oil/hot water as back up. Unit A (first floor) is a completely remodeled one bedroom, one full bath with laundry hook up all on the first floor with luxury vinyl flooring throughout. The spacious kitchen includes brand new cabinetry, dishwasher, and, garbage disposal. All rooms except bathroom have ceiling fans and one (1) window A/C unit is also included. Unit B (second and third floors) is currently occupied. Tenant pays $1000/mo, electric & partial water/sewer. It is a two bedroom, one full bath with nicely appointed large dine in kitchen, that includes a dishwasher, tile floors, and a skylight. The rooms are spacious and there is an on site laundry (washer and dryer supplied by tenant) and central A/C. Both units have access to the front door/atrium entrance with their own doorbells and rear/side entrances. Exterior electric lighting is also separately metered from both units (for ease of landlord control/use). There is a storage shed for lawn care/maintenance items along with a two-car carport and two car private parking pad. Unit A (first floor) is vacant and ready for either an owner occupant or new tenant. Tenant did pay $900/mo., electric and partial water/sewer. 24 hour advance notice please for all showings.

Last Agent to Sell the Property

Aimee Schmitt

(717) 821-8772 realestatebyaimee@gmail.com Iron Valley Real Estate License #RS324848 Listed on: 01/19/2021

Iron Valley Real Estate

Last Buyer's Agent

Amanda Krall

(717) 514-4772 amanda@amandakrall.com Iron Valley Real Estate License #RS329101

Iron Valley Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,030

Year Built

  • Built in 1930

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot
  • Back Yard

Home Design

  • Duplex
  • Traditional Architecture
  • Plaster Walls
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Bathtub with Shower
  • 1,920 Sq Ft Home
  • Traditional Floor Plan
  • Wainscoting
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Double Hung Windows
  • Atrium Doors
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Home Security

  • Exterior Cameras
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • 2 Attached Carport Spaces
  • 2 Off-Street Spaces
  • Private Parking
  • On-Street Parking

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Shed
  • Outbuilding
  • Porch

Schools

  • Lebanon Middle School
  • Lebanon High School

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Heating System
  • 200+ Amp Service
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Urban Location

Listing and Financial Details

  • The owner pays for insurance, repairs, real estate taxes, trash collection
  • Assessor Parcel Number 10-2338586-373266-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 3-Story Building
  • Ward 10 Subdivision

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals
  • Insurance Expense $1,155
  • Maintenance Expense $600
  • Trash Expense $420
  • Operating Expense $60
  • Net Operating Income $13,164

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,030

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Washer and Dryer in Second Floor Rental
  • Historic: No
  • Home Warranty: No
  • Inclusions: Window A/C Unit in First Floor Rental, all kitchen appliances in both units including refrigerators, lawnmower, weed whacker, extra dry wall and cabinets in shed.
  • New Construction: No
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range - Electric, Microwave, Refrigerator, Washer/Dryer Hookups Only, Water Heater
  • Flooring Type: Ceramic Tile, Vinyl, Hardwood
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Floor Plan - Traditional, Recessed Lighting, Skylight(s), Tub Shower, Wainscotting, Window Treatments, Wood Floors
  • Window Features: Double Hung, Skylights
  • Fireplace: No
  • Door Features: Atrium, Storm
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1920
  • Living Area Sq Ft: 1920
  • Price Per Sq Ft: 67.66
  • Above Grade Finished Sq Ft: 1920
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Exterior Features: Exterior Lighting, Outbuilding(s), Sidewalks
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 2
  • Garage: No
  • Parking Features: Asphalt Driveway, Paved Driveway, Private
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Carport, Off Street, On Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Window Unit(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil, Electric
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Security: Exterior Cameras, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 94000.00
  • Land Assessed Value: 9900.00
  • Lot Features: Level, Rear Yard
  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Outdoor Living Structures: Balcony, Porch(es)
  • Zoning: RESIDENTIAL APARTMENTS

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Insurance, Repairs, Taxes - Real Estate, Trash Collection
  • Rent Control: No
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10313086
  • School Tax: 2212.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3030.00
  • Assessor Parcel Number: 10-2338586-373266-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 22800.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 60.00
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: LEBANON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2021
Closed on
Feb 11, 2021
Sold by
Nolt Shannon and Nolt Heather
Bought by
Timber & Tyme Investments Llc
Seller's Agent
Aimee Schmitt
Iron Valley Real Estate
Buyer's Agent
Amanda Krall
Iron Valley Real Estate
List Price
$129,900
Sold Price
$140,500
Premium/Discount to List
$10,600
8.16%
Current Estimated Value
$209,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,833
Avg. Annual Appreciation
8.83%

Purchase Details

Listed on
Mar 12, 2018
Closed on
Jun 22, 2018
Sold by
Fessler Wolfe Denise A
Bought by
Nolt Shannon and Nolt Heather
Seller's Agent
Joshua Shope
Coldwell Banker Realty
Buyer's Agent
Aimee Schmitt
Iron Valley Real Estate
List Price
$107,000
Sold Price
$86,750
Premium/Discount to List
-$20,250
-18.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.04%
Original Mortgage
$69,400
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Timber & Tyme Investments Llc $140,500 Realty Settlement Svcs Inc
Nolt Shannon $86,750 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nolt Shannon $69,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/11/2021 02/11/21 Sold $140,500 +8.2% $73 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $129,900 +49.7% $68 / Sq Ft
06/22/2018 06/22/18 Sold $86,750 -8.7% $45 / Sq Ft View Prior Sale
04/26/2018 04/26/18 Pending -- -- --
04/09/2018 04/09/18 Price Changed $95,000 -11.2% $49 / Sq Ft
03/12/2018 03/12/18 For Sale $107,000 -- $56 / 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 $3,347 $103,900 $9,900 $94,000
2024 $3,189 $103,900 $9,900 $94,000
2023 $3,189 $103,900 $9,900 $94,000
2022 $3,137 $103,900 $9,900 $94,000
2021 $3,030 $103,900 $9,900 $94,000
2020 $3,030 $103,900 $9,900 $94,000
2019 $2,986 $103,900 $9,900 $94,000
2018 $2,900 $103,900 $9,900 $94,000
2017 $818 $103,900 $9,900 $94,000
2016 $2,823 $103,900 $9,900 $94,000
2015 $1,528 $103,900 $9,900 $94,000
2014 $1,528 $103,900 $9,900 $94,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALN117596

Bright MLS

APN: 10-2338586-373266-0000