NOT LISTED FOR SALE

Estimated Value: $201,000 - $292,000

-- Bed
3 Baths
3,144 Sq Ft
$73/Sq Ft Est. Value

Last Sold February 15, 2022

Last sale price $160,000 $51 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,429/month

89 Days on Market

Highlights

  • Traditional Architecture
  • Summer or Winter Changeover Switch For Hot Water
  • Hot Water Heating System
  • No HOA

About This Home

As of February 2022

Attention investors, positive cash flow & low maintenance. 8% CAP Rate. Long term tenants with M - M leases. Owner pays Water, Sewer, Trash, Heat, Hot Water, Electric in common areas, Lawn maintenance & Ehrlich contract. 2nd floor was remodeled 2yrs ago. Located in the heart of the downtown district close to shopping, schools, restaurants, market & businesses.

Last Agent to Sell the Property

Maria Tice-Ault

Howard Hanna Krall Real Estate License #RS207234L Listed on: 08/13/2021

Last Buyer's Agent

FELIX DESANGLES

Realty ONE Group Unlimited License #RS349213

Realty ONE Group Unlimited

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,276

Year Built

  • Built in 1940

Lot Details

  • 3,049 Sq Ft Lot

Home Design

  • 3,144 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Utilities

  • Heating System Uses Oil
  • Hot Water Heating System
  • Summer or Winter Changeover Switch For Hot Water

Listing and Financial Details

  • The owner pays for common area maintenance, heat, insurance, lawn/shrub care, pest control, sewer, real estate taxes, trash collection, water
  • Assessor Parcel Number 01-2338659-368888-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $8,754
  • Net Operating Income $13,446

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,276

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: 1st flr - stove, refrigerator, washer, dryer 2nd flr - washer, dryer
  • Historic: No
  • Home Warranty: No
  • Inclusions: 2nd flr - Refrigerator, stove Other - Snowblower, 2 Lawn mowers, weed wacker & dehumidifier
  • New Construction: No
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Attention investors, positive cash flow & low maintenance. 8% CAP Rate. Long term tenants with M - M leases. Owner pays Water, Sewer, Trash, Heat, Hot Water, Electric in common areas, Lawn maintenance & Ehrlich contract. 2nd floor was remodeled 2yrs ago. Located in the heart of the downtown district close to shopping, schools, restaurants, market & businesses.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full, Interior Access, Outside Entrance, Unfinished
  • Total Sq Ft: 3144
  • Living Area Sq Ft: 3144
  • Price Per Sq Ft: 50.86
  • Above Grade Finished Sq Ft: 3144
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 629

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Fire Escape, Sidewalks, Street Lights
  • 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
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: S/W Changeover
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: LEBANON
  • School District Key: 300200397291
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 67500.00
  • Land Assessed Value: 9400.00
  • Land Use Code: 103
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL MULTI FAMILY

Rental Info

  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Common Area Maintenance, Heat, Insurance, Lawn/Shrub Care, Pest Control, Sewer, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10305287
  • School Tax: 1670.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2276.00
  • Assessor Parcel Number: 01-2338659-368888-0000
  • Tax Total Finished Sq Ft: 3144
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 02/15/2022

Multi Family

  • Gross Income: 22200.00
  • Operating Expense: 8754.00
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: LEBANON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Feb 15, 2022
Sold by
Schott Kathleen S and Schott Robert L
Bought by
Corniel Anddy and Vasquez Smailyn
Seller's Agent
Maria Tice-Ault
Howard Hanna Krall Real Estate
Buyer's Agent
FELIX DESANGLES
Realty ONE Group Unlimited
List Price
$159,900
Sold Price
$160,000
Premium/Discount to List
$100
0.06%
Current Estimated Value
$230,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,319
Avg. Annual Appreciation
12.22%
Original Mortgage
$136,000
Outstanding Balance
$127,494
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$112,616

Purchase Details

Listed on
Jan 4, 2016
Closed on
Jun 1, 2016
Sold by
Allen Jeremy M and Haldeman Jason D
Bought by
Schott Kathleen S and Schott Robert L
Seller's Agent
Tom Risser
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Corinne Hankins
Berkshire Hathaway HomeServices Homesale Realty
List Price
$139,900
Sold Price
$129,900
Premium/Discount to List
-$10,000
-7.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.72%
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
Corniel Anddy $160,000 Ta Elite Of Pennsylvania Llc
Schott Kathleen S $129,900 Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corniel Anddy $136,000
Previous Owner Schott Robert L $60,000
Previous Owner Allen Jeremy M $121,500
Previous Owner Allen Jeremy M $15,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2022 02/15/22 Sold $160,000 +0.1% $51 / Sq Ft
11/17/2021 11/17/21 For Sale $159,900 0.0% $51 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $159,900 0.0% $51 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $159,900 +23.1% $51 / Sq Ft
06/01/2016 06/01/16 Sold $129,900 0.0% $42 / Sq Ft
06/01/2016 06/01/16 Sold $129,900 -7.1% $42 / Sq Ft
04/21/2016 04/21/16 Pending -- -- --
04/21/2016 04/21/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $139,900 +40.0% $45 / Sq Ft
12/04/2015 12/04/15 For Sale $99,900 -- $32 / 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 $2,477 $76,900 $9,400 $67,500
2024 $2,360 $76,900 $9,400 $67,500
2023 $2,360 $76,900 $9,400 $67,500
2022 $2,322 $76,900 $9,400 $67,500
2021 $2,243 $76,900 $9,400 $67,500
2020 $2,243 $76,900 $9,400 $67,500
2019 $2,210 $76,900 $9,400 $67,500
2018 $2,147 $76,900 $9,400 $67,500
2017 $605 $76,900 $9,400 $67,500
2016 $2,090 $76,900 $9,400 $67,500
2015 $1,436 $76,900 $9,400 $67,500
2014 $1,436 $76,900 $9,400 $67,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALN2001158

Bright MLS

APN: 01-2338659-368888-0000