NOT LISTED FOR SALE

108 E 1st Ave Derry, PA 15627

Estimated Value: $149,000 - $168,000

-- Bed
-- Bath
-- Sq Ft
3,520 Sq Ft Lot

Last Sold July 05, 2024

Last sale price $153,900

Est. 2% increase in value since last sale

Current estimated payment $1,010/month

128 Days on Market

About This Home

As of July 2024

Great investment opportunity in Derry Boro. Two buildings on one lot/tax ID to include a duplex and a triplex. Long time renters in several units. Close to post office, schools, banks, laundromat. Shared yard between two buildings, nicely maintained town gazebo/green space across the street from Building two. Zoned Residential.

Last Agent to Sell the Property

Beth Lininger

COLDWELL BANKER REALTY License #RS364437 Listed on: 02/16/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

Beth Lininger

COLDWELL BANKER REALTY License #RS364437 Listed on: 02/16/2024

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,808

Lot Details

  • 3,520 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Asphalt Roof

Additional Features

  • Basement

Community Details

Overview

  • 5 Units

Building Details

  • Insurance Expense $2,000
  • Gross Income $34,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,808

Lot Details

0

Listing Details

  • Municipality: Derry Boro
  • Property Sub Type: Other
  • Property Type: Residential Income
  • Lot Size Acres: 0.0808
  • Lot Size: 0.0808
  • Directions: PA 217; right onto West Second Ave; left onto S. Chestnut; right onto E. First Ave-property on the right.
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Basement YN: Yes

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: On Street

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Annual Utilities Expense: 4800.0

Schools

  • Junior High Dist: Derry Area

Lot Info

  • Zoning: RES
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 5
  • Annual Gross Income: 34200.0
  • Insurance Expense: 2000.0
  • Vacancy Allowance Rate: 5.0

Tax Info

  • Tax Annual Amount: 1808.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Jun 24, 2024
Sold by
Richardson Ruth E
Bought by
Derry Katz Llc
Seller's Agent
Beth Lininger
COLDWELL BANKER REALTY
Buyer's Agent
Beth Lininger
COLDWELL BANKER REALTY
List Price
$179,900
Sold Price
$153,900
Premium/Discount to List
-$26,000
-14.45%
Views
34
Current Estimated Value
$156,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,482
Avg. Annual Appreciation
1.43%
Original Mortgage
$123,120
Outstanding Balance
$121,745
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$34,637
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Derry Katz Llc $153,900 Brokers Settlement Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derry Katz Llc $123,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2024 07/05/24 Sold $153,900 -14.5% --
06/24/2024 06/24/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $179,900 -- --
Source: West Penn Multi-List

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 $1,897 $12,580 $1,640 $10,940
2024 $1,897 $12,580 $1,640 $10,940
2023 $1,809 $12,580 $1,640 $10,940
2022 $1,821 $12,580 $1,640 $10,940
2021 $1,821 $12,580 $1,640 $10,940
2020 $1,796 $12,580 $1,640 $10,940
2019 $1,765 $12,580 $1,640 $10,940
2018 $1,702 $12,580 $1,640 $10,940
2017 $1,660 $12,580 $1,640 $10,940
2016 $1,585 $12,580 $1,640 $10,940
2015 $1,579 $12,580 $1,640 $10,940
2014 $1,591 $12,580 $1,640 $10,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Penn Multi-List

MLS Number: 1641470

West Penn Multi-List

APN: 06-01-10-0-196