NOT LISTED FOR SALE

104 E Areba Ave Hershey, PA 17033

Studio
2 Baths
2,148 Sq Ft
3,920 Sq Ft Lot

Last Sold July 10, 2015

Last sale price $130,000 $61 Per Sq Ft

9 Days on Market

Highlights

  • No HOA
  • Detached Garage
  • Baseboard Heating
  • Hershey Elementary School Rated A

About This Home

As of July 2015

Nice 2 unit in downtown Hershey. Close to schools, downtown and major attractions. The owner lived in one of the units till recently. The Income and expense figures include projected market rents and actual operating expenses from 2014. Did not include any vacancy expense nor routine maintenance expense; Also did not include any rent income for the detached garage. Nice investment, great location. Call today for your showing

Last Agent to Sell the Property

Robert Fox

(717) 579-2434 bobfox@remax.net RE/MAX Pinnacle License #AB050159L Listed on: 05/09/2015

RE/MAX Pinnacle

Last Buyer's Agent

HAROLD WILSON

haroldwilsonrealtor@gmail.com Better Homes and Gardens Real Estate Capital Area License #GHAR:70623

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,900

Year Built

  • Built in 1920

Lot Details

  • 3,920

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • On-Street Parking

Utilities

  • Baseboard Heating
  • 100 Amp Service

Additional Features

  • Gas Oven or Range
  • 3,920 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for accounting/legal, insurance, management, real estate taxes, repairs
  • Assessor Parcel Number 240230580000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Fuel Expense $1,252
  • Insurance Expense $715
  • Trash Expense $28
  • Operating Expense $7,230
  • Net Operating Income $9,770

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,900

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator, Dryer, Washer
  • Fireplace: No
  • Total Sq Ft: 2148
  • Living Area Sq Ft: 2148
  • Price Per Sq Ft: 81.86
  • Above Grade Finished Sq Ft: 1588
  • Below Grade Finished Sq Ft: 560
  • Total Below Grade Sq Ft: 560
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Brick
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1002.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.09
  • Zoning Description: Residential

Rental Info

  • Lease Term: Month To Month
  • Owner Pays: Accounting/Legal, Insurance, Management, Taxes - Real Estate, Repairs
  • Tenant Pays: Cable Tv, Electricity
  • Vacation Rental: No

Multi Family

  • Fuel Expense: 1252.00
  • Gross Income: 17100.00
  • Metering: Fully Separate
  • Operating Expense: 7230.00
  • Other Units: Unit 1,Unit 2
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Assessor Parcel Number: 10542804
  • Tax Annual Amount: 1900.00
  • Assessor Parcel Number: 240230580000000
  • Tax Year: 2014

MLS Schools

  • School District Name: DERRY TOWNSHIP

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2015 07/10/15 Sold $130,000 0.0% $61 / Sq Ft
05/18/2015 05/18/15 Pending -- -- --
05/09/2015 05/09/15 For Sale $130,000 -- $61 / 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 $2,303 $73,700 $20,400 $53,300
2024 $2,165 $73,700 $20,400 $53,300
2023 $2,126 $73,700 $20,400 $53,300
2022 $2,079 $73,700 $20,400 $53,300
2021 $2,079 $73,700 $20,400 $53,300
2020 $2,079 $73,700 $20,400 $53,300
2019 $2,042 $73,700 $20,400 $53,300
2018 $1,987 $73,700 $20,400 $53,300
2017 $1,987 $73,700 $20,400 $53,300
2016 $0 $73,700 $20,400 $53,300
2015 -- $73,700 $20,400 $53,300
2014 -- $73,700 $20,400 $53,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003133467

Bright MLS

APN: 24-023-058