NOT LISTED FOR SALE

Estimated Value: $447,340

Studio
-- Bath
5,938 Sq Ft
$75/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $410,000 $69 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,854/month

16 Days on Market

Highlights

  • 7 Car Detached Garage
  • Hanover Street Elementary School Rated A-
  • Hot Water Heating System

About This Home

As of September 2023

Huge opportunity to have a business office or retail store and apartment rentals in the center of Hanover! 1 office/retail store and 3 apartments and one garage. Off street parking in rear.

Last Agent to Sell the Property

Neil Reichart

(717) 465-7076 neilreichart@gmail.com Keller Williams Keystone Realty License #RS331270 Listed on: 07/24/2023

Keller Williams Keystone Realty

Co-Listed By

Colby Jacobs

(717) 465-7588 colbyjacobsrealtor@outlook.com Keller Williams Keystone Realty License #RS344005

Last Buyer's Agent

Lucy Peterman

(717) 634-6720 lucy@faassociates.net Iron Valley Real Estate Hanover License #RS366734

Iron Valley Real Estate Hanover

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,038

Year Built

  • Built in 1920

Lot Details

  • 6,438 Sq Ft Lot

Parking

  • 7 Car Detached Garage
  • Rear-Facing Garage

Home Design

  • 5,938 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction
  • Permanent Foundation

Utilities

  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • 4 Units
  • 1 Vacant Unit

Listing and Financial Details

  • Tax Lot 0015
  • Assessor Parcel Number 67-000-05-0015-00-00000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,038

Year Built

Built in 1920

Lot Details

0

Parking

7

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2023-07-25
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Permanent
  • Total Sq Ft: 5938
  • Living Area Sq Ft: 5938
  • Price Per Sq Ft: 71.57
  • Above Grade Finished Sq Ft: 5938
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 7.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 7
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Detached Garage

Utilities

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6438.00
  • Zoning: COMMERCIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 3910.00
  • Tax Annual Amount: 6038.00
  • Assessor Parcel Number: 67-000-05-0015-00-00000
  • Tax Lot: 0015
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: HANOVER PUBLIC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2023
Closed on
Sep 14, 2023
Sold by
Spg Capital Llc
Bought by
Marburg Properties Llc
Seller's Agent
Neil Reichart
Keller Williams Keystone Realty
Buyer's Agent
Lucy Peterman
Iron Valley Real Estate Hanover
List Price
$425,000
Sold Price
$410,000
Premium/Discount to List
-$15,000
-3.53%
Views
67
Current Estimated Value
$447,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,340
Avg. Annual Appreciation
3.88%
Original Mortgage
$328,000
Outstanding Balance
$322,271
Interest Rate
6.96%
Mortgage Type
Credit Line Revolving
Estimated Equity
$125,069

Purchase Details

Closed on
Feb 14, 2018
Sold by
Cjd Group Llc
Bought by
Spg Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2017
Sold by
Keeney Richard M and Keeney Muriel Snider
Bought by
Cjd Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 31, 1982
Bought by
Keeney Richard M and Keeney Muriel S
Source: Public Records
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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
Marburg Properties Llc $410,000 None Listed On Document
Spg Capital Llc $95,000 None Available
Cjd Group Llc $60,000 None Available
Keeney Richard M $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marburg Properties Llc $328,000
Previous Owner Spg Capital Llc $280,000
Previous Owner Spg Capital Llc $236,250
Previous Owner Spg Capital Llc $97,500
Previous Owner Cjd Group Llc $150,000
Previous Owner Keeney Richard M $15,942
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2023 09/20/23 Sold $410,000 -3.5% $69 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
07/24/2023 07/24/23 For Sale $425,000 -- $72 / 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 $6,208 $169,570 $44,620 $124,950
2024 $6,160 $169,570 $44,620 $124,950
2023 $6,113 $169,570 $44,620 $124,950
2022 $6,038 $169,570 $44,620 $124,950
2021 $5,869 $169,570 $44,620 $124,950
2020 $5,869 $169,570 $44,620 $124,950
2019 $5,777 $169,570 $44,620 $124,950
2018 $5,670 $169,570 $44,620 $124,950
2017 $5,564 $169,570 $44,620 $124,950
2016 $0 $169,570 $44,620 $124,950
2015 -- $169,570 $44,620 $124,950
2014 -- $169,570 $44,620 $124,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAYK2045338

Bright MLS

APN: 67-000-05-0015.00-00000