NOT LISTED FOR SALE

642 N 3rd Ave Lebanon, PA 17046

Estimated Value: $156,000 - $171,000

-- Bed
2 Baths
1,300 Sq Ft
$125/Sq Ft Est. Value

Last Sold July 17, 2015

Last sale price $67,000 $52 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $1,017/month

Highlights

  • No HOA
  • Parking Storage or Cabinetry
  • Baseboard Heating
  • Detached Garage

About This Home

As of July 2015

Nice brick 2 unit, well-maintained, tenant pays electric (includes heat), good income, windows capped and insulated, off street parking, 2 car frame garage. One side is rented $25/mo and the other side is owner occupied. Could also be rented. Good location.

Last Agent to Sell the Property

Wendy Wills

(717) 202-5485 wmease@kw.com Keller Williams Elite License #AB066874 Listed on: 05/28/2015

Keller Williams Elite

Last Buyer's Agent

Gregory Martin

(717) 277-1003 gregorymart@icloud.com Bold Realty

Bold Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,606

Year Built

  • Built in 1930

Lot Details

  • 8,712

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof

Attic

  • Storage In Attic

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Dirt Floor

Parking

  • Detached Garage
  • Parking Storage or Cabinetry
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Baseboard Heating
  • 100 Amp Service
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • Washer and Dryer Hookup
  • 8,712 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for heat, electricity
  • Assessor Parcel Number 10-2342814-373070

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,028
  • Other Expense $405
  • Trash Expense $321
  • Operating Expense $2,101
  • Net Operating Income $9,793

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,606

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Other Expense: 405.00
  • Storage: Attic, Basement, Garage
  • Year Built: 1930
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Dirt Floor, Full, Unfinished

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Composite, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Type Of Parking: Off Street, On Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Oil
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 347.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Lot Size Acres: 0.20
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Heat, Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10313678
  • School Tax: 1165.01
  • Tax Annual Amount: 1606.39
  • Assessor Parcel Number: 10-2342814-373070
  • County Tax Payment Frequency: Annually

Multi Family

  • Gross Income: 13500.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 2101.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: LEBANON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2021
Sold by
Bauman Anthony
Bought by
Bauman Gary
Current Estimated Value
$161,912

Purchase Details

Listed on
May 28, 2015
Closed on
Jul 17, 2015
Sold by
Nye John R
Bought by
Bauman Anthony
Seller's Agent
Wendy Wills
Keller Williams Elite
Buyer's Agent
Gregory Martin
Bold Realty
List Price
$84,900
Sold Price
$67,000
Premium/Discount to List
-$17,900
-21.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%

Purchase Details

Closed on
May 19, 2010
Sold by
Perry Barbara M and Perry Bryan S
Bought by
Nye Ii John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2008
Sold by
Binkley Robert A
Bought by
Binkley Robert A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bauman Gary -- None Available
Bauman Anthony $67,000 None Available
Nye Ii John R $65,000 None Available
Binkley Robert A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nye Ii John R $48,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2015 07/17/15 Sold $67,000 -21.1% $52 / Sq Ft
07/06/2015 07/06/15 Pending -- -- --
05/28/2015 05/28/15 For Sale $84,900 -- $65 / 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 $2,010 $62,400 $14,400 $48,000
2024 $1,915 $62,400 $14,400 $48,000
2023 $1,915 $62,400 $14,400 $48,000
2022 $1,884 $62,400 $14,400 $48,000
2021 $1,820 $62,400 $14,400 $48,000
2020 $1,820 $62,400 $14,400 $48,000
2019 $1,794 $62,400 $14,400 $48,000
2018 $1,742 $62,400 $14,400 $48,000
2017 $491 $62,400 $14,400 $48,000
2016 $1,696 $62,400 $14,400 $48,000
2015 $1,165 $62,400 $14,400 $48,000
2014 $1,165 $62,400 $14,400 $48,000
Source: Public Records

Agents Affiliated with this Home

  • Wendy Wills

    Seller's Agent in 2015

    Wendy Wills

    Keller Williams Elite

    (717) 202-5485

    95 Total Sales

    Wendy Wills
    Section Image

  • G

    Buyer's Agent in 2015

    Gregory Martin

    Bold Realty

    (717) 277-1003

    10 Total Sales

    Gregory Martin
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002735973

Bright MLS

APN: 10-2342814-373070-0000

Pennsylvania Lebanon County Lebanon 17046

642 N 3rd Ave, Lebanon, PA

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