NOT LISTED FOR SALE

107 E Cherry St Palmyra, PA 17078

Palmyra Area

Estimated Value: $214,000 - $242,000

Studio
2 Baths
1,644 Sq Ft
$139/Sq Ft Est. Value

Sale Details

Date Sold: March 25, 2019

Last sale price $125,000 $76 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,552 / mo

15 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Bedroom
  • No HOA
  • Palmyra Area Senior High School Rated A-
  • Attic
  • 4-minute walk to Heritage Park

About This Home

As of March 2019

Live on the first floor rent out the second floor and garages. 2 unit in Palmyra Boro, 1st floor is a one bedroom with wood floors and eat-in kitchen, 2nd floor is a 2 bedroom with 391 sqft(23x17) that is unfinished(possible 3rd bedroom& bath), Heating system installed 2016, tenants pay for water and have their own laundry in each unit, outside access to basement, 24x20-2 car garage with water and electric.

Last Agent to Sell the Property

Mike Suter

(717) 569-2222 sales@rmxpinnacle.com RE/MAX Pinnacle License #RS220805L Listed on: 01/23/2019

RE/MAX Pinnacle

Last Buyer's Agent

Joyce Reitz

(717) 273-5501 joycereitz@remax.net RE/MAX Cornerstone License #RS175747L

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,860

Year Built

  • Built in 1908

Lot Details

  • 3,049

Home Design

  • Duplex
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • Main Floor Bedroom
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Carpet
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater
  • Public Septic

Additional Features

  • More Than Two Accessible Exits
  • 3,049 Sq Ft Lot

Listing and Financial Details

  • The owner pays for electricity, insurance, sewer, real estate taxes, trash collection, heat
  • Assessor Parcel Number 16-2291022-357022-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $668
  • Operating Expense $5,025
  • Net Operating Income $14,407

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,860

Year Built

Built in 1908

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1908
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Oven/Range - Electric, Microwave, Dishwasher, Washer, Dryer
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Kitchen - Eat-In, Attic
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2035
  • Living Area Sq Ft: 1644
  • Price Per Sq Ft: 77.55
  • Above Grade Finished Sq Ft: 1644
  • Above Grade Unfinished Sq Ft: 391
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Vinyl Siding
  • 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, Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 110600.00
  • Land Assessed Value: 18800.00
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Ground Rent Exists: No
  • Owner Pays: Electricity, Insurance, Sewer, Taxes - Real Estate, Trash Collection, Heat
  • Total Actual Rent: 20100.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10319926
  • School Tax: 1988.00
  • Tax Annual Amount: 2860.00
  • Assessor Parcel Number: 16-2291022-357022-0000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2020

Multi Family

  • Gross Income: 20100.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 5025.00
  • Other Units: Unit 3

MLS Schools

  • School District Name: PALMYRA AREA

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2019
Closed on
Mar 20, 2019
Sold by
Bought by
Seller's Agent
Mike Suter
RE/MAX Pinnacle
Buyer's Agent
Joyce Reitz
RE/MAX Cornerstone
List Price
$139,900
Sold Price
$125,000
Premium/Discount to List
-$14,900
-10.65%
Current Estimated Value
$228,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,293
Avg. Annual Appreciation
8.60%
Original Mortgage
$100,000
Interest Rate
0.044%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 30, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
0.0501%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,500
Interest Rate
0.0671%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
0.0581%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$125,000 None Available
$145,000 None Available
$121,000 None Available
$112,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $100,000
Previous Owner $116,000
Previous Owner $122,779
Previous Owner $121,102
Previous Owner $120,669
Previous Owner $120,500
Previous Owner $90,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/25/2019 03/25/19 Sold $125,000 -2.0% $76 / Sq Ft
02/07/2019 02/07/19 Pending -- -- --
02/07/2019 02/07/19 Price Changed $127,500 -8.9% $78 / Sq Ft
01/23/2019 01/23/19 For Sale $139,900 -- $85 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,746 $129,400 $18,800 $110,600
2025 $3,698 $129,400 $18,800 $110,600
2024 $3,267 $129,400 $18,800 $110,600
2023 $3,267 $129,400 $18,800 $110,600
2022 $3,116 $129,400 $18,800 $110,600
2021 $2,897 $129,400 $18,800 $110,600
2020 $2,860 $129,400 $18,800 $110,600
2019 $2,799 $129,400 $18,800 $110,600
2018 $2,710 $129,400 $18,800 $110,600
2017 $803 $129,400 $18,800 $110,600
2016 $2,544 $129,400 $18,800 $110,600
2015 -- $129,400 $18,800 $110,600
2014 -- $129,400 $18,800 $110,600
Source: Public Records

Agents Affiliated with this Home

  • Mike Suter

    Seller's Agent in 2019

    Mike Suter

    RE/MAX

    (717) 575-1136

    76 Total Sales

    Mike Suter
    Section Image
  • Joyce Reitz

    Buyer's Agent in 2019

    Joyce Reitz

    RE/MAX

    (717) 273-5501

    20 Total Sales

    Joyce Reitz
    Section Image
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Map

Source: Bright MLS

MLS Number: PALN103014

Bright MLS

APN: 16-2291022-357022-0000

Pennsylvania Lebanon County Palmyra 17078

107 E Cherry St, Palmyra, PA

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