NOT LISTED FOR SALE

Estimated Value: $131,000 - $219,000

2 Beds
1 Bath
1,247 Sq Ft
$138/Sq Ft Est. Value

Last Sold June 24, 2019

Last sale price $145,000 $116 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $956/month

11 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of June 2019

A 2 Unit Investment Property showing a 10% cap rate! This property is in great condition and features updated kitchens/baths and hardwood floors. Fully occupied. Landlord pays water/sewer/trash. Tenants pay all other utilities, care for grass and do the snow removal. This is a great turn-key investment worthy of your inspection.

Last Agent to Sell the Property

Jennifer DeJesus

Steel City Realty Listed on: 05/02/2019

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,969

Year Built

  • Built in 1900

Lot Details

  • 1,296 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,247 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Heating System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, insurance
  • Tax Lot 3
  • Assessor Parcel Number P6SE2D-6-3-0204

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Insurance Expense $1,000
  • Trash Expense $360
  • Operating Expense $3,929
  • Gross Income $1,944
  • Net Operating Income $15,511

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,969

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: A 2 Unit Investment Property showing a 10% cap rate! This property is in great condition and features updated kitchens/baths and hardwood floors. Fully occupied. Landlord pays water/sewer/trash. Tenants pay all other utilities, care for grass and do the snow removal. This is a great turn-key investment worthy of your inspection.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1247
  • Living Area Sq Ft: 1247
  • Price Per Sq Ft: 120.29
  • Above Grade Finished Sq Ft: 1247
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 710

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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

  • Refuse: 360.00
  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: BETHLEHEM AREA
  • School District Key: 300200397046
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 16200.00
  • Land Assessed Value: 6700.00
  • Land Use Code: 110
  • Lot Size Acres: 0.03
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1296.00
  • Year Assessed: 2019
  • Zoning: RM

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 1
  • Owner Pays: Trash Collection, Water, Sewer, Insurance
  • Rent Control: No
  • Total Actual Rent: 1944.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4411385
  • School Tax: 1282.00
  • Tax Annual Amount: 1969.00
  • Assessor Parcel Number: P6SE2D-6-3-0204
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 1247
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 06/24/2019

Multi Family

  • Gross Income: 1944.00
  • Gross Scheduled Income: 1944.00
  • Operating Expense: 3929.00
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: BETHLEHEM AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2019
Closed on
Jun 7, 2019
Sold by
Spanos Karen and Spanos Leonida
Bought by
Zeiner Jason E
Seller's Agent
Jennifer DeJesus
Steel City Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%
Current Estimated Value
$171,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,690
Avg. Annual Appreciation
1.99%
Original Mortgage
$108,750
Outstanding Balance
$96,406
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$67,354

Purchase Details

Closed on
Oct 26, 2004
Sold by
Dudla Anna E
Bought by
Burke Sean P
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
Zeiner Jason E $145,000 First Patriot Abstract Of Le
Burke Sean P $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeiner Jason E $108,750
Previous Owner Spanos Karen $105,600
Previous Owner Lewis Colleen M $108,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2019 06/24/19 Sold $145,000 -3.3% $116 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
05/02/2019 05/02/19 For Sale $150,000 -- $120 / 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 $247 $22,900 $6,700 $16,200
2024 $2,024 $22,900 $6,700 $16,200
2023 $2,024 $22,900 $6,700 $16,200
2022 $2,008 $22,900 $6,700 $16,200
2021 $1,995 $22,900 $6,700 $16,200
2020 $1,976 $22,900 $6,700 $16,200
2019 $1,969 $22,900 $6,700 $16,200
2018 $1,921 $22,900 $6,700 $16,200
2017 $1,898 $22,900 $6,700 $16,200
2016 -- $22,900 $6,700 $16,200
2015 -- $22,900 $6,700 $16,200
2014 -- $22,900 $6,700 $16,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PANH104504

Bright MLS

APN: P6SE2D 6 3 0204