Seller's Agent in 2017
Dave White
RE/MAX
(717) 343-3040
1 in this area
42 Total Sales
115 E Main St Palmyra, PA 17078
Estimated Value: $405,742
Studio
--
Bath
1,794
Sq Ft
$226/Sq Ft
Est. Value
Highlights
- Deck
- Attic
- Porch
- Palmyra Area Senior High School Rated A-
- No HOA
- Outdoor Storage
About This Home
As of February 2017Excellent investment potential in Central Business District of Palmyra. Commercial, mixed-use building has office/retail space on main level that is handicap accessible. Upper level is very nice 2 BR apartment. Owner has successfully appealed tax assessment reflected here. New assessment will be reduced from $282,000 to $192,000, effectively increasing Annual Net Income shown here by approximately $1,300. Many updates and well-maintained. Trash removal expense includes trash & sewer.
Last Agent to Sell the Property
(717) 343-3040 davewhitesellshomes@gmail.com RE/MAX 1st Advantage License #AB0677200 Listed on: 11/02/2016
Last Buyer's Agent
(717) 343-1745 andreaspigelmeyer@gmail.com Coldwell Banker Realty License #RS174438L
Property Details
Home Type
- Multi-Family
Lot Details
- Lot Dimensions are 44 x 208
Parking
- Off-Street Parking
Home Design
- 1,794 Sq Ft Home
- Fiberglass Roof
- Asphalt Roof
- Vinyl Siding
Laundry
- Laundry in unit
- Washer and Dryer Hookup
Outdoor Features
- Deck
- Outdoor Storage
- Porch
Schools
- Palmyra Area High School
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Additional Features
- Attic
Listing and Financial Details
- Tenant pays for electricity, heat, hot water
- The owner pays for insurance, real estate taxes, repairs
- Assessor Parcel Number 16-2290868-357384
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Insurance Expense $1,628
- Trash Expense $1,016
- Operating Expense $7,694
- Net Operating Income $15,106
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 2, 2016
Closed on
Feb 15, 2017
Sold by
Light Diane R
Bought by
Mathias Brandon J
Seller's Agent
Dave White
RE/MAX 1st Advantage
Buyer's Agent
Andrea Spigelmeyer
Coldwell Banker Realty
List Price
$180,000
Sold Price
$151,000
Premium/Discount to List
-$29,000
-16.11%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,742
Avg. Annual Appreciation
11.78%
Original Mortgage
$71,000
Interest Rate
4.12%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mathias Brandon J | $151,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Mathias Brandon J | $71,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/22/2017 02/22/17 | Sold | $151,000 | -16.1% | $84 / Sq Ft |
| 01/11/2017 01/11/17 | Pending | -- | -- | -- |
| 11/02/2016 11/02/16 | For Sale | $180,000 | 0.0% | $100 / Sq Ft |
| 07/01/2016 07/01/16 | Rented | $700 | 0.0% | -- |
| 06/20/2016 06/20/16 | Under Contract | -- | -- | -- |
| 05/27/2016 05/27/16 | For Rent | $700 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,487 | $192,000 | $37,100 | $154,900 |
| 2024 | $4,847 | $192,000 | $37,100 | $154,900 |
| 2023 | $305 | $192,000 | $37,100 | $154,900 |
| 2022 | $291 | $192,000 | $37,100 | $154,900 |
| 2021 | $271 | $192,000 | $37,100 | $154,900 |
| 2020 | $4,244 | $192,000 | $37,100 | $154,900 |
| 2019 | $4,152 | $192,000 | $37,100 | $154,900 |
| 2018 | $4,021 | $192,000 | $37,100 | $154,900 |
| 2017 | $1,191 | $192,000 | $37,100 | $154,900 |
| 2016 | $5,545 | $282,000 | $37,100 | $244,900 |
| 2015 | -- | $282,000 | $37,100 | $244,900 |
| 2014 | -- | $282,000 | $37,100 | $244,900 |
Source: Public Records
Agents Affiliated with this Home
-
Dave White
-
Andrea Spigelmeyer
Buyer's Agent in 2017
Andrea Spigelmeyer
Coldwell Banker Realty
(717) 343-1745
1 in this area
118 Total Sales
Map
Source: Bright MLS
MLS Number: 1002748993
APN: 16-2290868-357384-0000
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