NOT LISTED FOR SALE

124 S Richland Ave York, PA 17404

Estimated Value: $130,692 - $138,000

-- Bed
3 Baths
1,978 Sq Ft
$68/Sq Ft Est. Value

Last Sold December 19, 2019

Last sale price $76,500 $39 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $945/month

48 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Eat-In Kitchen
  • Federal Architecture
  • No HOA
  • Paneling

About This Home

As of December 2019

Cashflowing Rental Property- Start earning passive income on Day 1! This property is a performer separate utilities and a washer/dryer hookup in each unit. Serious inquiries only, please review the leases and income statement PRIOR to scheduling a showing. This won't last long, call today!

Last Agent to Sell the Property

David Hyson

Howard Hanna Real Estate Services-York Listed on: 09/06/2019

Howard Hanna Real Estate Services-York

Last Buyer's Agent

Daniel Hineline

Coldwell Banker Realty License #5001032

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 1,599 Sq Ft Lot
  • Downtown Location
  • Level Lot
  • Property is in good condition

Home Design

  • Duplex
  • Federal Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Plaster Walls
  • Rubber Roof

Interior Spaces

  • 1,978 Sq Ft Home
  • Paneling
  • Awning
  • City Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Flooring

  • Wood
  • Vinyl

Laundry

  • Electric Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Stone Driveway
  • Off-Street Parking

Utilities

  • Electric Baseboard Heater
  • 120/240V
  • 100 Amp Service
  • Multi-Tank Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for insurance, repairs, sewer, water, trash collection, real estate taxes
  • Tax Lot 0017
  • Assessor Parcel Number 09-209-01-0017-00-00000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals
  • Insurance Expense $388
  • Operating Expense $6,199
  • Gross Income $16,891
  • Net Operating Income $10,692

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Refrigerator/Range in Each Apartment and Washer/Dryer in each apartment - no warranties on appliances
  • New Construction: No
  • Expected On Market: 2019-09-06
  • Year Built: 1900
  • Remarks Public: Cashflowing Rental Property- Start earning passive income on Day 1! This property is a performer separate utilities and a washer/dryer hookup in each unit. Serious inquiries only, please review the leases and income statement PRIOR to scheduling a showing. This won't last long, call today!
  • Special Features: None

Interior Features

  • Appliances: Dryer - Electric, Oven/Range - Electric, Washer, Refrigerator
  • Flooring Type: Wood, Vinyl
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls, Paneled Walls, Dry Wall
  • Foundation Details: Block, Brick/Mortar
  • Room Count: 11
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1978
  • Living Area Sq Ft: 1978
  • Price Per Sq Ft: 39.18
  • Above Grade Finished Sq Ft: 1978
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 124

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Awning(s), Fire Escape
  • Road Surface Type: Paved
  • Roof: Rubber, Flat
  • Spa: No
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Stone Driveway
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service, 120/240V
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric, Multi-Tank
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available
  • Monthly Water Average: 69
  • Water Previous Twelve Months: 827.96
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: YORK CITY
  • School District Key: 300200397213
  • School District Source: 3rd Party

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 122
  • Lot Features: Level
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1599.00
  • Property Condition: Good
  • Soil Types: Unknown
  • Year Assessed: 2019
  • Zoning: RS

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: Insurance, Repairs, Sewer, Water, Trash Collection, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 18360.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10774927
  • School Tax: 1334.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2313.00
  • Assessor Parcel Number: 09-209-01-0017-00-00000
  • Tax Lot: 0017
  • Tax Total Finished Sq Ft: 1978
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 12/19/2019

Multi Family

  • Gross Income: 16891.20
  • Gross Scheduled Income: 16891.20
  • Income Includes: Apartment Rentals
  • Operating Expense: 6198.75
  • Vacancy Allowance Rate: 8.00

MLS Schools

  • School District Name: YORK CITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2019
Closed on
Dec 17, 2019
Sold by
Hyson David L
Bought by
Thompson Dodd R
Seller's Agent
David Hyson
Howard Hanna Real Estate Services-York
Buyer's Agent
Daniel Hineline
Coldwell Banker Realty
List Price
$79,900
Sold Price
$76,500
Premium/Discount to List
-$3,400
-4.26%
Current Estimated Value
$135,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,923
Avg. Annual Appreciation
9.84%
Original Mortgage
$57,375
Outstanding Balance
$50,802
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$79,794

Purchase Details

Closed on
Jul 15, 2008
Sold by
Buko Investments Llc
Bought by
Hyson David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,875
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2008
Sold by
Magalski Edward Daniel and Magalski Karen Sue
Bought by
Buko Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,875
Interest Rate
6.35%
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
Thompson Dodd R $76,500 Title Services
Hyson David L $92,500 None Available
Buko Investments Llc $28,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Dodd R $57,375
Previous Owner Hyson David L $84,880
Previous Owner Hyson David L $87,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2019 12/19/19 Sold $76,500 -1.3% $39 / Sq Ft
10/24/2019 10/24/19 Pending -- -- --
10/07/2019 10/07/19 Price Changed $77,500 -3.0% $39 / Sq Ft
09/06/2019 09/06/19 For Sale $79,900 -- $40 / 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 $2,497 $39,530 $7,710 $31,820
2024 $2,454 $39,530 $7,710 $31,820
2023 $2,454 $39,530 $7,710 $31,820
2022 $2,440 $39,530 $7,710 $31,820
2021 $2,373 $39,530 $7,710 $31,820
2020 $2,317 $39,530 $7,710 $31,820
2019 $2,313 $39,530 $7,710 $31,820
2018 $2,313 $39,530 $7,710 $31,820
2017 $2,344 $39,530 $7,710 $31,820
2016 -- $39,530 $7,710 $31,820
2015 $2,318 $39,530 $7,710 $31,820
2014 $2,318 $39,530 $7,710 $31,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAYK120470

Bright MLS

APN: 09-209-01-0017.00-00000