NOT LISTED FOR SALE

11 S 2nd St Lemoyne, PA 17043

Estimated Value: $180,000 - $224,173

-- Bed
3 Baths
1,953 Sq Ft
$105/Sq Ft Est. Value

Last Sold January 29, 2019

Last sale price $104,000 $53 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,228/month

26 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • Baseboard Heating
  • No HOA
  • More Than Two Accessible Exits
  • High Speed Internet

About This Home

As of January 2019

Single family 4 bedroom, 1 & 1/2 bath semi detached home with 2 car garage with a 6% cap rate. Rented with yearly lease for $1010. Detached garage rents for $200. Tenants pay all utilities except house electric, sewer and trash. Gross Rental Income $14,520. Expenses are taxes $2242, insurance $891, utilities $1960, 15% vacancy-maintenance-management $2,178. Total expenses are $7,271. Net rental income $7,249. Buy this property and the one attached to the other side of this semi-detached building at 9 South 2nd Street which is a 2-unit and is for sale for $133,000.

Last Agent to Sell the Property

Steve Hawbecker

RE/MAX Realty Associates License #RS103895A Listed on: 11/04/2018

RE/MAX Realty Associates

Last Buyer's Agent

NON MEMBER

NONMEM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,242

Year Built

  • Built in 1900

Lot Details

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

Parking

  • 2 Car Detached Garage
  • 1 Open Parking Space
  • Rear-Facing Garage
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Stone Foundation
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • Basement
  • Interior Basement Entry

Accessible Home Design

  • More Than Two Accessible Exits

Schools

  • Cedar Cliff High School

Utilities

  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Oil Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 47-20-1858-082

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,242

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: Single family 4 bedroom, 1 & 1/2 bath semi detached home with 2 car garage with a 6% cap rate. Rented with yearly lease for $1010. Detached garage rents for $200. Tenants pay all utilities except house electric, sewer and trash. Gross Rental Income $14,520. Expenses are taxes $2242, insurance $891, utilities $1960, 15% vacancy-maintenance-management $2,178. Total expenses are $7,271. Net rental income $7,249. Buy this property and the one attached to the other side of this semi-detached building at 9 South 2nd Street which is a 2-unit and is for sale for $133,000.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Interior Access
  • Total Sq Ft: 2779
  • Living Area Sq Ft: 1953
  • Price Per Sq Ft: 62.47
  • Above Grade Finished Sq Ft: 1953
  • Below Grade Sq Ft: 826
  • Total Below Grade Sq Ft: 826
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 1
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Baseboard, Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Dsl Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: WEST SHORE
  • High School: CEDAR CLIFF
  • High School Source: Listing Agent
  • School District Key: 300200396678
  • School District Source: Listing Agent
  • High School: CEDAR CLIFF

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 100200.00
  • Land Assessed Value: 28900.00
  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Property Condition: Good
  • Year Assessed: 2017
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11082923
  • School Tax: 1503.00
  • Tax Annual Amount: 2242.00
  • Assessor Parcel Number: 47-20-1858-082
  • Tax Total Finished Sq Ft: 1953
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 01/29/2019

MLS Schools

  • School District Name: WEST SHORE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2018
Closed on
Jan 28, 2019
Sold by
Edris Steven P and Edris Lynne A
Bought by
Butler Patrick T
Seller's Agent
Steve Hawbecker
RE/MAX Realty Associates
Buyer's Agent
NON MEMBER
NONMEM
List Price
$122,000
Sold Price
$104,000
Premium/Discount to List
-$18,000
-14.75%
Current Estimated Value
$188,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,826
Avg. Annual Appreciation
8.67%
Original Mortgage
$83,200
Interest Rate
4.6%
Mortgage Type
New Conventional
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
Butler Patrick T $104,000 Remax Realty Associates
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Patrick T $85,900
Closed Butler Patrick T $83,200
Previous Owner Edris Steven P $91,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2019 01/29/19 Sold $104,000 -14.8% $53 / Sq Ft
11/30/2018 11/30/18 Pending -- -- --
11/04/2018 11/04/18 For Sale $122,000 -- $62 / 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 $2,325 $108,600 $28,900 $79,700
2024 $2,182 $108,600 $28,900 $79,700
2023 $673 $108,600 $28,900 $79,700
2022 $2,042 $108,600 $28,900 $79,700
2021 $1,983 $108,600 $28,900 $79,700
2020 $1,942 $108,600 $28,900 $79,700
2019 $2,242 $129,100 $28,900 $100,200
2018 $2,185 $129,100 $28,900 $100,200
2017 $2,148 $129,100 $28,900 $100,200
2016 -- $129,100 $28,900 $100,200
2015 -- $129,100 $28,900 $100,200
2014 -- $129,100 $28,900 $100,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACB100280

Bright MLS

APN: 47-20-1858-082