$335,000
SOLD JUN 30, 2015

116 Cocoa Ave Hershey, PA 17033

-- Bed
-- Bath
5,850 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$57 Per Sq Ft

22% Below List Price

Highlights

  • No HOA
  • Porch
  • Patio
  • Hershey Elementary School Rated A
  • Window Unit Cooling System
  • Entrance Foyer

About This Home

As of June 2015

Great investment opportunity on desirable Cocoa Ave. Live in one unit, rent the others. This beautiful brick home has 4 units: 1 office on the main level and 3 apartments (Each unit is metered separately). Orig wdwrk, hrdwd flrs, large rms, high ceilings, wood pocket doors & built-ins of an era gone by! Plenty of parking and storage. Yard and patio to enjoy warm evenings. Detached shed for storage.

Last Agent to Sell the Property

Paul Rabon

(717) 439-3959 paul@rabonrealtors.com For Sale By Owner Plus, REALTORS - Hershey Listed on: 02/17/2015

Last Buyer's Agent

Paul Rabon

(717) 439-3959 paul@rabonrealtors.com For Sale By Owner Plus, REALTORS - Hershey Listed on: 02/17/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,769

Year Built

  • Built in 1916

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 5,850 Sq Ft Home
  • Ceiling Fan
  • Entrance Foyer
  • Fire and Smoke Detector

Kitchen

  • Gas Oven or Range
  • Stove

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Radiator
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, heat
  • Assessor Parcel Number 240161340000000,24016025000000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Electric Expense $3,720
  • Fuel Expense $2,170
  • Insurance Expense $1
  • Maintenance Expense $1
  • Other Expense $500
  • Trash Expense $1
  • Operating Expense $1
  • Net Operating Income $21,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,769

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Other Expense: 500.00
  • Year Built: 1916
  • Remarks Public: Great investment opportunity on desirable Cocoa Ave. Live in one unit, rent the others. This beautiful brick home has 4 units: 1 office on the main level and 3 apartments (Each unit is metered separately). Orig wdwrk, hrdwd flrs, large rms, high ceilings, wood pocket doors & built-ins of an era gone by! Plenty of parking and storage. Yard and patio to enjoy warm evenings. Detached shed for storage.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator, Oven - Single, Stove
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Room List: Foyer
  • Total Sq Ft: 5850
  • Living Area Sq Ft: 5850
  • Price Per Sq Ft: 67.52
  • Above Grade Finished Sq Ft: 5850
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 116-118

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Amenities: Fenced Storage/Yard
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Cooling: Yes
  • Electric Expense: 3720.00
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Radiator
  • Heating: Yes
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Sewer Expenses: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: DERRY TOWNSHIP
  • School District Key: 300200397431

Lot Info

  • Lot Size Acres: 0.13
  • Outdoor Living Structures: Porch(es), Patio(s)
  • Zoning Description: Commercial

Rental Info

  • Lease Term: Other
  • Tenant Pays: Cable Tv, Electricity, Heat
  • Vacation Rental: No

Multi Family

  • Fuel Expense: 2170.00
  • Gross Income: 21600.00
  • Metering: Fully Separate
  • Operating Expense: 1.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Assessor Parcel Number: 10542434
  • Tax Annual Amount: 7769.00
  • Assessor Parcel Number: 240161340000000,24016025000000
  • Tax Year: 2015
  • Close Date: 06/30/2015

MLS Schools

  • School District Name: DERRY TOWNSHIP

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2017 06/15/17 Rented $1,195 0.0% --
06/15/2017 06/15/17 For Rent $1,195 0.0% --
06/30/2015 06/30/15 Sold $335,000 -22.1% $57 / Sq Ft
05/17/2015 05/17/15 Pending -- -- --
02/17/2015 02/17/15 For Sale $430,000 -- $74 / 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 $3,922 $125,500 $29,300 $96,200
2024 $3,686 $125,500 $29,300 $96,200
2023 $3,621 $125,500 $29,300 $96,200
2022 $3,540 $125,500 $29,300 $96,200
2021 $3,540 $125,500 $29,300 $96,200
2020 $3,540 $125,500 $29,300 $96,200
2019 $3,476 $125,500 $29,300 $96,200
2018 $3,384 $125,500 $29,300 $96,200
2017 $3,384 $125,500 $29,300 $96,200
2016 $0 $125,500 $29,300 $96,200
2015 -- $125,500 $29,300 $96,200
2014 -- $125,500 $29,300 $96,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002742805

Bright MLS

APN: 24-016-134