NOT LISTED FOR SALE

641 W Broadway Red Lion, PA 17356

Estimated Value: $170,000 - $306,000

4 Beds
3 Baths
1,330 Sq Ft
$165/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $103,500 $78 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $1,342/month

About This Home

As of September 2016

Investors Alert! 3 unit multi-family property in good condition. 10.7% return. Rubber roof 10 years old, vinyl siding 6 years old. Modern electric systems. Separate utilities paid by the tenants. Off street parking in rear of the property.

Last Agent to Sell the Property

Eric Axe

(717) 309-0853 jbcaxe@aol.com Century 21 Dale Realty Co. License #AB061888L Listed on: 06/13/2016

Century 21 Dale Realty Co.

Last Buyer's Agent

Nicole Hawk

(717) 858-7459 nicolehawk@comcast.net House Broker Realty LLC

House Broker Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,135

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Rubber Roof
  • Vinyl Siding

Kitchen

  • Oven
  • Stove

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Utilities

  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for heat, electricity, hot water, sewer, water
  • The owner pays for insurance, real estate taxes
  • Assessor Parcel Number 6782000050254A000000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Red Lion Subdivision

Building Details

  • Income includes apartment rentals
  • Insurance Expense $600
  • Maintenance Expense $700
  • Operating Expense $4,000
  • Net Operating Income $11,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,135

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • New Construction: No
  • Year Built: 1920
  • Remarks Public: Investors Alert! 3 unit multi-family property in good condition. 10.7% return. Rubber roof 10 years old, vinyl siding 6 years old. Modern electric systems. Separate utilities paid by the tenants. Off street parking in rear of the property.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Stove, Oven - Single
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Poured Concrete, Walkout Level
  • Street Number Modifier: 641

Exterior Features

  • Construction Materials: Vinyl Siding, Brick, Block
  • Construction Completed: No
  • Exterior Features: Fire Escape
  • Roof: Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: RED LION AREA
  • School District Key: 300200396796

Lot Info

  • Lot Size Acres: 0.07
  • Zoning Description: Residential
  • In City Limits: Yes

Rental Info

  • Owner Pays: Insurance, Taxes - Real Estate
  • Tenant Pays: Heat, Electricity, Hot Water, Sewer, Water
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10895915
  • School Tax: 1376.00
  • Assessor Parcel Number: 6782000050254A000000
  • County Tax Payment Frequency: Annually
  • Close Date: 09/30/2016

Multi Family

  • Gross Income: 15720.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 4000.00
  • Other Units: Unit 1,Unit 4,Unit 3

MLS Schools

  • School District Name: RED LION AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 1985
Bought by
Seiple Richard M
Current Estimated Value
$219,482
Source: Public Records

Range of Values:

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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
Seiple Richard M $51,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2016 09/30/16 Sold $103,500 -5.8% $78 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $109,900 -- $83 / 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 $2,135 $61,780 $24,010 $37,770
2024 $2,050 $61,780 $24,010 $37,770
2023 $2,050 $61,780 $24,010 $37,770
2022 $2,050 $61,780 $24,010 $37,770
2021 $2,000 $61,780 $24,010 $37,770
2020 $2,000 $61,780 $24,010 $37,770
2019 $1,994 $61,780 $24,010 $37,770
2018 $1,994 $61,780 $24,010 $37,770
2017 $1,994 $61,780 $24,010 $37,770
2016 $0 $61,780 $24,010 $37,770
2015 -- $61,780 $24,010 $37,770
2014 -- $61,780 $24,010 $37,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002749231

Bright MLS

APN: 82-000-05-0254.A0-00000