NOT LISTED FOR SALE

836 Locust St Columbia, PA 17512

Estimated Value: $323,000 - $346,000

-- Bed
4 Baths
3,916 Sq Ft
$85/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $231,000 $59 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,305/month

4 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Electric Baseboard Heater
  • 1 Fireplace
  • 90% Forced Air Heating and Cooling System
  • Property is in very good condition

About This Home

As of April 2021

Income producing 3 unit apartment building in the charming riverside community of Columbia. Fully rented with tenants who desire to stay. Quiet, desirable location with easy walkability to restaurants, antiques, and the market house. This property has been well maintained and is a great option for an investor of any experience level. First floor 2 bed unit offers central air conditioning, hardwood floors, and retains much of the home's original character. Second floor 2 bed unit also offers hardwood floors and is quite spacious. Third floor 1 bed unit has laminate flooring and baseboard heating. Kitchen appliances for all units are included in the sale. Newer coin operated commercial laundry units provide extra income. Basement has been partially finished with some potential for further investment. This building is in great shape and has been an excellent income producer for the current owners the past several years. Come see this one before it's gone!

Last Agent to Sell the Property

Jennifer Augustine

Realty ONE Group Unlimited License #RS332496 Listed on: 02/17/2021

Realty ONE Group Unlimited

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Masonry

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • 90% Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Heating System Uses Oil
  • Electric Baseboard Heater
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for insurance, sewer, real estate taxes, trash collection, water
  • Assessor Parcel Number 110-19229-0-0000

Community Details

Overview

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

Building Details

  • Income includes laundry
  • Gross Income $28,380
  • Net Operating Income $15,612

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenants' personal belongings.
  • Inclusions: Unit Refrigerators, Coin Op Commercial Grade Washer/Dryer
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: Income producing 3 unit apartment building in the charming riverside community of Columbia. Fully rented with tenants who desire to stay. Quiet, desirable location with easy walkability to restaurants, antiques, and the market house. This property has been well maintained and is a great option for an investor of any experience level. First floor 2 bed unit offers central air conditioning, hardwood floors, and retains much of the home's original character. Second floor 2 bed unit also offers hardwood floors and is quite spacious. Third floor 1 bed unit has laminate flooring and baseboard heating. Kitchen appliances for all units are included in the sale. Newer coin operated commercial laundry units provide extra income. Basement has been partially finished with some potential for further investment. This building is in great shape and has been an excellent income producer for the current owners the past several years. Come see this one before it's gone!
  • Special Features: None

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3916
  • Living Area Sq Ft: 3916
  • Price Per Sq Ft: 64.53
  • Above Grade Finished Sq Ft: 3580
  • Below Grade Finished Sq Ft: 336
  • Total Below Grade Sq Ft: 336
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 836

Exterior Features

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

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Monthly Average Electric: 24
  • Previous Twelve Months Electric Expense: 288.00
  • Gas Avg Month: 29.00
  • Gas Prev12 Months: 348.00
  • Heating Fuel: Oil
  • Heating Type: 90% Forced Air, Baseboard - Electric, Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Natural Gas Available, Water Available, Sewer Available, Electric Available
  • Monthly Water Average: 52
  • Water Previous Twelve Months: 624.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: COLUMBIA BOROUGH
  • School District Key: 300200397373
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 147000.00
  • Land Assessed Value: 25100.00
  • Land Use Code: 115
  • Lot Size Acres: 0.10
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Insurance, Sewer, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Total Actual Rent: 26580.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3993256
  • School Tax: 4554.00
  • Tax Annual Amount: 6432.00
  • Assessor Parcel Number: 110-19229-0-0000
  • Tax Total Finished Sq Ft: 3916
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/09/2021

Multi Family

  • Gross Income: 28380.00
  • Gross Scheduled Income: 28380.00
  • Income Includes: Laundry
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: COLUMBIA BOROUGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2021
Closed on
Apr 9, 2021
Sold by
Cramer Erin E and Cramer Keith L
Bought by
High Impact Realty Llc
Seller's Agent
Jennifer Augustine
Realty ONE Group Unlimited
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$225,000
Sold Price
$231,000
Premium/Discount to List
$6,000
2.67%
Total Days on Market
4
Current Estimated Value
$333,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,333
Avg. Annual Appreciation
9.10%
Original Mortgage
$183,200
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 11, 2014
Closed on
Aug 27, 2014
Sold by
Wolpert Robert A
Bought by
Cramer Erin E and Cramer Keith L
List Price
$125,000
Sold Price
$117,500
Premium/Discount to List
-$7,500
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.75%
Original Mortgage
$88,125
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2005
Sold by
Hershey Peggy A and Hershey Charles W
Bought by
Wolpert Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.78%
Mortgage Type
FHA
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
High Impact Realty Llc $231,000 None Available
Cramer Erin E $117,500 None Available
Wolpert Robert A $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open High Impact Realty Llc $745,600
Closed High Impact Realty Llc $183,200
Previous Owner Cramer Erin E $88,125
Previous Owner Wolpert Robert A $120,000
Previous Owner Wolpert Robert A $40,000
Previous Owner Wolpert Robert A $10,000
Previous Owner Wolpert Robert A $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $231,000 0.0% $59 / Sq Ft
02/22/2021 02/22/21 Price Changed $231,000 +2.7% $59 / Sq Ft
02/21/2021 02/21/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $225,000 +91.5% $57 / Sq Ft
08/27/2014 08/27/14 Sold $117,500 -6.0% $33 / Sq Ft
08/01/2014 08/01/14 Pending -- -- --
07/11/2014 07/11/14 For Sale $125,000 -- $35 / 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
2024 $6,432 $172,100 $25,100 $147,000
2023 $6,432 $172,100 $25,100 $147,000
2022 $6,432 $172,100 $25,100 $147,000
2021 $6,432 $172,100 $25,100 $147,000
2020 $6,432 $172,100 $25,100 $147,000
2019 $6,321 $172,100 $25,100 $147,000
2018 $4,443 $172,100 $25,100 $147,000
2017 $5,286 $128,700 $17,700 $111,000
2016 $5,286 $128,700 $17,700 $111,000
2015 $1,510 $128,700 $17,700 $111,000
2014 $3,629 $128,700 $17,700 $111,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA177468

Bright MLS

APN: 110-19229-0-0000