NOT LISTED FOR SALE
Studio
-- Bath
12,600 Sq Ft
13,504 Sq Ft Lot

Sale Details

Date Sold: September 26, 2012

Last sale price $342,000 $27 Per Sq Ft

539 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • 5-minute walk to Monument Park
  • Home Security System

About This Home

As of September 2012

Cash Cow! This building was completely remodeled by HUD, 11 residential units, 1 store front, 21 off street parking spaces including a separate lot which conveys w/sale. Each unit has their own hot water heater, electric box, and thermostat & prewired for electric baseboard heat.New fire monitoring system. 100% occupied! Sold as is!

Last Agent to Sell the Property

Joan Hains

(717) 279-6222 mwozniski@homesale.com Berkshire Hathaway HomeServices Homesale Realty License #RS270449 Listed on: 02/17/2011

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,249

Year Built

  • Built in 1945

Lot Details

  • 13,504 Sq Ft Lot
  • Lot Dimensions are 43x198

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Stucco

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 21 Parking Spaces
  • Off-Street Parking

Schools

  • Lebanon Middle School
  • Lebanon High School

Utilities

  • Heating System Uses Oil
  • Baseboard Heating
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for hot water, electricity
  • Assessor Parcel Number 07-2337059-372239-0000

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Building Details

  • Income includes apartment rentals, professional offices, parking
  • Electric Expense $3,500
  • Insurance Expense $3,300
  • Maintenance Expense $1,500
  • Other Expense $780
  • Trash Expense $1,800
  • Operating Expense $20,920
  • Net Operating Income $50,151

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,249

Year Built

Built in 1945

Lot Details

0.31 Acres

Listing Details

  • Property Type: Multi-Family
  • Current Use: Office
  • New Construction: No
  • Other Expense: 780.00
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Full, Outside Entrance

Exterior Features

  • Construction Materials: Brick, Stucco
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Spaces Total: 21.00
  • Type Of Parking: Off Street

Utilities

  • Annual Heating Expense: 4300.00
  • Central Air Conditioning: No
  • Electric Expense: 3500.00
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Type: Baseboard, Oil
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 5740.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: LEBANON
  • Middle Or Junior School: LEBANON

Lot Info

  • Lot Size Acres: 0.31
  • Lot Dimensions: 43x198
  • Property Attached Yn: Yes
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Hot Water, Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10311356
  • School Tax: 6003.47
  • Tax Annual Amount: 8248.97
  • Assessor Parcel Number: 07-2337059-372239-0000
  • County Tax Payment Frequency: Annually

Multi Family

  • Gross Income: 79320.00
  • Income Includes: Apartment Rentals, Professional Offices, Parking
  • Metering: Fully Separate
  • Operating Expense: 20920.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2011
Closed on
Sep 25, 2012
Sold by
Rivera John and Rivera Dean
Bought by
Stony Run Properties Llc
Seller's Agent
Joan Hains
Berkshire Hathaway HomeServices Homesale Realty
List Price
$399,900
Sold Price
$342,000
Premium/Discount to List
-$57,900
-14.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Outstanding Balance
$223,813
Interest Rate
3.59%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 1, 2006
Sold by
Ash Investments Llc
Bought by
Rivera John and Rivera Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,600
Interest Rate
6.31%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Stony Run Properties Llc $342,000 None Available
Rivera John $312,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stony Run Properties Llc $322,000
Previous Owner Rivera John $249,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2012 09/26/12 Sold $342,000 -14.5% $27 / Sq Ft
08/09/2012 08/09/12 Pending -- -- --
02/17/2011 02/17/11 For Sale $399,900 -- $32 / Sq Ft
Source: Bright MLS

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 $11,503 $357,100 $27,700 $329,400
2024 $10,961 $357,100 $27,700 $329,400
2023 $1,532 $357,100 $27,700 $329,400
2022 $1,507 $357,100 $27,700 $329,400
2021 $1,455 $357,100 $27,700 $329,400
2020 $10,414 $357,100 $27,700 $329,400
2019 $10,264 $357,100 $27,700 $329,400
2018 $9,968 $357,100 $27,700 $329,400
2017 $2,812 $357,100 $27,700 $329,400
2016 $9,704 $357,100 $27,700 $329,400
2015 $6,667 $357,100 $27,700 $329,400
2014 $6,667 $357,100 $27,700 $329,400
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: 1002722015

Bright MLS

APN: 07-2337059-372239-0000

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