NOT LISTED FOR SALE

627 Cedar Ave Middletown, PA 17057

Studio
4 Baths
2,856 Sq Ft
5,663 Sq Ft Lot

Last Sold April 06, 2017

Last sale price $164,900 $58 Per Sq Ft

23 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Laundry Facilities
  • Window Unit Cooling System

About This Home

As of April 2017

Looking for a great real estate investment? Check out this well maintained property in an excellent location. Updated baths in all units. Replacement windows in 2nd floor unit. Wood floors under carpet in 1st & 2nd floor units. Gas is available-currently oil heat. Nice, spacious apartments.Possible to live in one unit and have your tenant income cover your mortgage and most expenses and practically live here for free. Good cash flow and great return on investment. This one is a must see!

Last Agent to Sell the Property

Rose Knepp

(717) 580-5764 roseknepp@verizon.net Berkshire Hathaway HomeServices Homesale Realty Listed on: 01/30/2017

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

GREG PHENICIE

(717) 503-8748 gregphenicie@verizon.net RE/MAX Realty Professionals

RE/MAX Realty Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,519

Year Built

  • Built in 1933

Lot Details

  • 5,663

Parking

  • On-Street Parking

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stucco

Schools

  • Middletown Area High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • 100 Amp Service
  • Cable TV Available

Additional Features

  • Gas Oven or Range
  • Lot Dimensions are 56x100

Listing and Financial Details

  • Tenant pays for electricity, trash removal
  • Assessor Parcel Number 42-033-019

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $365
  • Fuel Expense $2,351
  • Insurance Expense $1,327
  • Maintenance Expense $2,447
  • Operating Expense $9,587
  • Net Operating Income $15,613

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,519

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1933
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator
  • Fireplace: No
  • Total Sq Ft: 2856
  • Living Area Sq Ft: 2856
  • Price Per Sq Ft: 86.61
  • Above Grade Finished Sq Ft: 1904
  • Below Grade Finished Sq Ft: 952
  • Total Below Grade Sq Ft: 952
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco, Vinyl Siding
  • Construction Completed: No
  • Roof: Fiberglass, Asphalt
  • 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 Type: Window Unit(s)
  • Cooling: Yes
  • Electric Expense: 365.00
  • Electric Service: 100 Amp Service
  • Heating Type: Baseboard, Oil
  • Heating: Yes
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Sewer Expenses: 3097.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Laundry Facilities
  • HOA: No

Schools

  • High School: MIDDLETOWN AREA HIGH SCHOOL

Lot Info

  • Lot Dimensions: 56X100
  • Zoning Description: Residential

Rental Info

  • Tenant Pays: Electricity, Trash Removal
  • Vacation Rental: No

Multi Family

  • Fuel Expense: 2351.00
  • Gross Income: 25200.00
  • Operating Expense: 9587.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Tax Annual Amount: 3519.00
  • Assessor Parcel Number: 42-033-019
  • Tax Year: 2016

MLS Schools

  • School District Name: MIDDLETOWN AREA

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2017 04/06/17 Sold $164,900 0.0% $58 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
01/30/2017 01/30/17 For Sale $164,900 -- $58 / 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 $4,593 $103,600 $15,700 $87,900
2024 $4,343 $103,600 $15,700 $87,900
2023 $4,271 $103,600 $15,700 $87,900
2022 $4,116 $103,600 $15,700 $87,900
2021 $3,945 $103,600 $15,700 $87,900
2020 $3,854 $103,600 $15,700 $87,900
2019 $3,798 $103,600 $15,700 $87,900
2018 $3,590 $103,600 $15,700 $87,900
2017 $3,590 $103,600 $15,700 $87,900
2016 $0 $103,600 $15,700 $87,900
2015 -- $103,600 $15,700 $87,900
2014 -- $103,600 $15,700 $87,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002749529

Bright MLS

APN: 42-033-019