NOT LISTED FOR SALE

Estimated Value: $340,000 - $369,000

-- Bed
3 Baths
2,420 Sq Ft
$148/Sq Ft Est. Value

Last Sold September 29, 2022

Last sale price $275,000 $114 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,345/month

80 Days on Market

Highlights

  • Wood Flooring
  • High Ceiling
  • Radiator
  • Victorian Architecture
  • 60+ Gallon Tank

About This Home

As of September 2022

PRICE DROP!!
INVESTOR ALERT! Fully occupied 3 unit property with great rental income.
Unit 1: 2 BR; 1 BA; LARGE main level rooms with 3 point access. Rents $750 plus electric, hot water, trash and cable.
Unit 2: 2 BR; 1 BA; 2nd floor unit with large living and bedrooms. Rents $700 plus electric, hot water, trash and cable.
Unit 3: 1 BR; 1 BA; 3rd floor/attic space. Nice layout and spacious rooms. in-eve storage. Rents $680.00 plus plus. VACATING 8/30/2022
All present leases are month-to-month and all tenants want to stay with new leases with buyer.
Owner covers water, sewer and heat.
Solid brick house in structurally great shape with tenants already in place. Great opportunity!

Last Agent to Sell the Property

Charlene Jennings

Berkshire Hathaway HomeServices Homesale Realty License #RS221162 Listed on: 06/07/2022

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Jake Fisher

Hostetter Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,918

Year Built

  • Built in 1920

Lot Details

  • 10,454 Sq Ft Lot
  • Property is in good condition

Home Design

  • Triplex
  • Victorian Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof
  • Slate Roof
  • Rubber Roof
  • Masonry

Interior Spaces

  • 2,420 Sq Ft Home
  • High Ceiling

Flooring

  • Wood
  • Vinyl

Unfinished Basement

  • Exterior Basement Entry
  • Drainage System
  • Shelving

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Parking Lot

Schools

  • Quarryville Elementary School
  • Smith Middle School
  • Solanco High School

Utilities

  • Radiator
  • Heating System Uses Oil
  • 220 Volts
  • 200+ Amp Service
  • 60+ Gallon Tank
  • Cable TV Available

Listing and Financial Details

  • The owner pays for heat, sewer, water
  • Assessor Parcel Number 530-66694-0-0000

Community Details

Overview

  • 3 Units
  • 3-Story Building

Building Details

  • Operating Expense $2,925
  • Net Operating Income $19,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,918

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: PRICE DROP!! INVESTOR ALERT! Fully occupied 3 unit property with great rental income. Unit 1: 2 BR; 1 BA; LARGE main level rooms with 3 point access. Rents $750 plus electric, hot water, trash and cable. Unit 2: 2 BR; 1 BA; 2nd floor unit with large living and bedrooms. Rents $700 plus electric, hot water, trash and cable. Unit 3: 1 BR; 1 BA; 3rd floor/attic space. Nice layout and spacious rooms. in-eve storage. Rents $680.00 plus plus. VACATING 8/30/2022 All present leases are month-to-month and all tenants want to stay with new leases with buyer. Owner covers water, sewer and heat. Solid brick house in structurally great shape with tenants already in place. Great opportunity!
  • Special Features: None

Interior Features

  • Flooring Type: Vinyl, Wood
  • Wall Ceiling Types: High
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Unfinished, Drainage System, Outside Entrance, Shelving
  • Total Sq Ft: 2420
  • Living Area Sq Ft: 2420
  • Price Per Sq Ft: 107.44
  • Above Grade Finished Sq Ft: 2420
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Masonry
  • Road Surface Type: Paved
  • Roof: Rubber, Shingle, Slate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 5

Utilities

  • Central Air Conditioning: No
  • Monthly Average Electric: 65
  • Previous Twelve Months Electric Expense: 780.00
  • Electric Service: 200+ Amp Service, 220 Volts
  • Heating Fuel: Oil
  • Heating Oil Avg Month: 375.00
  • Heating Oil Prev12 Months: 4500.00
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Sewer Available, Water Available
  • Monthly Water Average: 43
  • Water Previous Twelve Months: 520.00
  • Water Source: Public
  • Internet Services: Cable

Schools

  • School District: SOLANCO
  • Elementary School: QUARRYVILLE
  • Middle School: SMITH
  • High School: SOLANCO
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397377
  • School District Source: Listing Agent
  • Elementary School: QUARRYVILLE
  • High School: SOLANCO
  • Middle Or Junior School: SMITH

Lot Info

  • Land Use Code: 115
  • Lot Size Acres: 0.24
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10454.00
  • Property Condition: Good, Average
  • Year Assessed: 2022
  • Zoning: 115 RES, 3 FAM DWLG

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 3
  • Owner Pays: Heat, Sewer, Water
  • Total Actual Rent: 25560.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 2323.00
  • Tax Annual Amount: 3918.00
  • Assessor Parcel Number: 530-66694-0-0000
  • Tax Total Finished Sq Ft: 2420
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 09/29/2022

Multi Family

  • Gross Income: 25560.00
  • Operating Expense: 2925.00

MLS Schools

  • School District Name: SOLANCO

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Sep 29, 2022
Sold by
Clawson Jeffery A
Bought by
King Eli B
Seller's Agent
Charlene Jennings
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Jake Fisher
Hostetter Realty
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%
Total Days on Market
80
Views
10
Current Estimated Value
$357,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,902
Avg. Annual Appreciation
10.42%
Original Mortgage
$125,000
Outstanding Balance
$120,649
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$237,693

Purchase Details

Closed on
Apr 8, 2011
Sold by
Clawson Jeffrey A and Clawson Amy
Bought by
Clawson Jeffrey A

Purchase Details

Closed on
May 23, 2000
Sold by
Clawson Jeffery A
Bought by
Clawson Jeffery A and Clawson Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,029
Interest Rate
8.14%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
King Eli B $275,000 --
Clawson Jeffrey A -- None Available
Clawson Jeffery A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Eli B $125,000
Previous Owner Clawson Jeffery A $160,000
Previous Owner Clawson Jeffery A $20,000
Previous Owner Clawson Jeffery A $80,275
Previous Owner Clawson Jeffery A $83,500
Previous Owner Clawson Jeffrey A $96,600
Previous Owner Clawson Jeffery A $22,029
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Sold $275,000 +5.8% $114 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
08/24/2022 08/24/22 Price Changed $260,000 -10.0% $107 / Sq Ft
07/12/2022 07/12/22 Price Changed $289,000 -3.6% $119 / Sq Ft
06/07/2022 06/07/22 For Sale $299,900 -- $124 / 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
2024 $4,108 $204,800 $50,800 $154,000
2023 $4,012 $204,800 $50,800 $154,000
2022 $3,919 $204,800 $50,800 $154,000
2021 $3,761 $204,800 $50,800 $154,000
2020 $3,761 $204,800 $50,800 $154,000
2019 $3,686 $204,800 $50,800 $154,000
2018 $1,544 $204,800 $50,800 $154,000
2017 $3,172 $143,000 $30,800 $112,200
2016 $3,172 $143,000 $30,800 $112,200
2015 $1,392 $143,000 $30,800 $112,200
2014 $1,688 $143,000 $30,800 $112,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2019798

Bright MLS

APN: 530-66694-0-0000