NOT LISTED FOR SALE

Estimated Value: $185,733

-- Bed
-- Bath
-- Sq Ft
1,307 Sq Ft Lot

Last Sold August 24, 2018

Last sale price $105,000

Est. 77% increase in value since last sale

Current estimated payment $1,404/month

172 Days on Market

Highlights

  • Corner Lot
  • Monitored
  • Zoned Heating
  • No HOA
  • Level Entry For Accessibility
  • Ceiling Fan

About This Home

As of August 2018

This well appointed brick semi detached building was formerly used as of June, 2018 as a 1st floor office along with two additional rental units. 1 Furnace with several zones, 2 separate hot water heaters for upstairs rental units. Both 2nd Floor Rental units consist of 2 Bedrooms, kitchen, living room & bathroom. 1st floor office space offers a kitchenette with washer, dryer & refrigerator along with a powder room & 3/4 Bathroom with shower stall. Conference room along with 4-5 office areas. Separate electric for each unit, Phase 3 panel, 400 Amp/240 Volt electric. Recent oil boiler installed. 2 - 275 gallon Oil tanks in basement. Gas line runs to basement for future hookup or conversion if desired. Current owner rents 4 parking spots at a cost of $35 per month from the city behind the building in the Lebanon Farmers Market Lot. Security System, Some replacement windows. Many possibilities! Run your business out of the 1st Floor and collect the rents from the two units. According to the zoning dept. the 1st floor must stay Commercial , while the two upstairs units may remain as rentals. Buyer to verify their intended use with the zoning department. Won't last long! Rental units this nice do not hit the market every day.

Last Agent to Sell the Property

Melody Kiene

Iron Valley Real Estate License #RS207279l Listed on: 01/31/2018

Iron Valley Real Estate

Last Buyer's Agent

Joan Shields

Berkshire Hathaway Homesale Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 20 x 67
  • Corner Lot
  • Property is in very good condition

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Replacement Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Kitchenette
  • Oven

Laundry

  • Dryer
  • Washer

Home Security

  • Monitored
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • On-Street Parking
  • Rented or Permit Required

Accessible Home Design

  • Level Entry For Accessibility

Schools

  • Lebanon Middle School
  • Lebanon High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating
  • Radiator
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Steam
  • 200+ Amp Service
  • 120/240V
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for real estate taxes, insurance, heat, trash collection, water, sewer, cable TV
  • Assessor Parcel Number 02-2337765-368788-0000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Stove and Refrigerator in each unit; washer and dryer
  • New Construction: No
  • Year Built: 1920
  • Remarks Public: This well appointed brick semi detached building was formerly used as of June, 2018 as a 1st floor office along with two additional rental units. 1 Furnace with several zones, 2 separate hot water heaters for upstairs rental units. Both 2nd Floor Rental units consist of 2 Bedrooms, kitchen, living room & bathroom. 1st floor office space offers a kitchenette with washer, dryer & refrigerator along with a powder room & 3/4 Bathroom with shower stall. Conference room along with 4-5 office areas. Separate electric for each unit, Phase 3 panel, 400 Amp/240 Volt electric. Recent oil boiler installed. 2 - 275 gallon Oil tanks in basement. Gas line runs to basement for future hookup or conversion if desired. Current owner rents 4 parking spots at a cost of $35 per month from the city behind the building in the Lebanon Farmers Market Lot. Security System, Some replacement windows. Many possibilities! Run your business out of the 1st Floor and collect the rents from the two units. According to the zoning dept. the 1st floor must stay Commercial , while the two upstairs units may remain as rentals. Buyer to verify their intended use with the zoning department. Won't last long! Rental units this nice do not hit the market every day.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Washer, Refrigerator, Oven - Single
  • Interior Amenities: Ceiling Fan(s), Store/Office, Kitchenette
  • Window Features: Replacement
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Unfinished, Full
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 821

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: 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
  • Parking Features: Rented/Permit Required
  • Parking Spaces Total: 4.00
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Wall Unit
  • Electric Service: Circuit Breakers, 120/240V, 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Type: Radiator, Hot Water, Zoned, Baseboard, Steam
  • Heating: Yes
  • Hot Water: Electric
  • Security: Monitored, Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: LEBANON
  • Middle School: LEBANON
  • High School: LEBANON
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397291
  • School District Source: Listing Agent
  • High School: LEBANON
  • Middle Or Junior School: LEBANON

Lot Info

  • Improvement Assessed Value: 143100.00
  • Land Assessed Value: 3800.00
  • Lot Features: Corner
  • Lot Size Acres: 0.03
  • Lot Dimensions: 20 x 67
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: CENTRAL BUSINESS DISTRICT

Rental Info

  • Owner Pays: Taxes - Real Estate, Insurance, Heat, Trash Collection, Water, Sewer, Cable Tv
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10307865
  • School Tax: 3066.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 4222.00
  • Assessor Parcel Number: 02-2337765-368788-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 08/24/2018

Multi Family

  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: LEBANON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2018
Closed on
Aug 15, 2018
Sold by
Community Services Group Inc Corporaytio
Bought by
Benttez Jose Israel
Seller's Agent
Melody Kiene
Iron Valley Real Estate
Buyer's Agent
Joan Shields
Berkshire Hathaway Homesale Realty
List Price
$112,000
Sold Price
$105,000
Premium/Discount to List
-$7,000
-6.25%
Current Estimated Value
$185,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,733
Avg. Annual Appreciation
7.87%
Source: Public Records

Range of Values:

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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
Benttez Jose Israel $105,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2018 08/24/18 Sold $105,000 0.0% --
07/31/2018 07/31/18 Off Market $105,000 -- --
07/22/2018 07/22/18 Pending -- -- --
06/05/2018 06/05/18 For Sale $112,000 0.0% --
02/09/2018 02/09/18 Pending -- -- --
01/31/2018 01/31/18 For Sale $112,000 -- --
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 $4,732 $146,900 $3,800 $143,100
2024 $4,509 $146,900 $3,800 $143,100
2023 $454 $146,900 $3,800 $143,100
2022 $447 $146,900 $3,800 $143,100
2021 $432 $146,900 $3,800 $143,100
2020 $4,284 $146,900 $3,800 $143,100
2019 $4,222 $146,900 $3,800 $143,100
2018 $4,100 $146,900 $3,800 $143,100
2017 $1,157 $146,900 $3,800 $143,100
2016 $3,992 $146,900 $3,800 $143,100
2015 $2,743 $146,900 $3,800 $143,100
2014 $2,743 $146,900 $3,800 $143,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000105804

Bright MLS

APN: 02-2337765-368788-0000