128 W Main St Mechanicsburg, PA 17055
Estimated Value: $331,264
--
Bed
--
Bath
3,500
Sq Ft
$95/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Doors swing in
- Electric Baseboard Heater
- Mechanicsburg Area Senior High School Rated A-
- Downtown Location
- Historic Home
About This Home
As of December 2022Calling all investors! Look no further for a great investment opportunity in the heart of Downtown Mechanicsburg. This 4-unit mixed-use apartment building is fully rented and nicely maintained. The first floor features a commercial storefront and an efficiency apartment in the rear. The second floor features two 2-bedroom apartments. Tenants pay for heat and electricity, owner pays for water, sewer, and trash. First-floor commercial pays $605, 1st-floor rear efficiency pays $675, second floor 2 bedroom pays $780 plus pet fee of $105, other second floor 2 bedroom pays $676. Don't miss out on this fantastic opportunity and schedule a showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,802
Year Built
- Built in 1900
Lot Details
- 4,356 Sq Ft Lot
- Backs To Open Common Area
- Downtown Location
- Back Yard
- Historic Home
Parking
- On-Street Parking
Home Design
- Quadruplex
- Traditional Architecture
- Brick Exterior Construction
- Stone Foundation
- Rubber Roof
Interior Spaces
- 3,500 Sq Ft Home
- Basement
- Interior Basement Entry
Accessible Home Design
- Doors swing in
Schools
- Mechanicsburg Area High School
Utilities
- Electric Baseboard Heater
- 100 Amp Service
- Electric Water Heater
Listing and Financial Details
- The owner pays for water, sewer, trash collection
- Assessor Parcel Number 19-23-0567-181
Community Details
Overview
- 4 Units
- 3-Story Building
Building Details
- Income includes apartment rentals, professional offices
- Insurance Expense $1,320
- Other Expense $2,280
- Trash Expense $924
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 15, 2022
Closed on
Dec 28, 2022
Sold by
Jkc Properties Llc
Bought by
Houck Taylor and Houck Jami
Seller's Agent
Marian Rutt
RE/MAX Evolved
Buyer's Agent
MICHAEL STIPE
Coldwell Banker Realty
List Price
$289,000
Sold Price
$289,900
Premium/Discount to List
$900
0.31%
Views
6
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
$41,364
Avg. Annual Appreciation
5.44%
Original Mortgage
$231,920
Outstanding Balance
$225,486
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$105,778
Purchase Details
Closed on
Jun 7, 2019
Sold by
James Richard S and James Lori A
Bought by
Jkc Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 11, 2007
Sold by
Bennett Robert G
Bought by
James Richard S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.48%
Mortgage Type
Commercial
Similar Home in Mechanicsburg, PA
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 |
|---|---|---|---|
| Houck Taylor | $289,900 | Title Services | |
| Jkc Properties Llc | $150,000 | Independent Settlement Svcs | |
| James Richard S | $167,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Houck Taylor | $231,920 | |
| Previous Owner | Jkc Properties Llc | $120,000 | |
| Previous Owner | James Richard S | $205,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/28/2022 12/28/22 | Sold | $289,900 | +0.3% | $83 / Sq Ft |
| 11/22/2022 11/22/22 | Pending | -- | -- | -- |
| 11/15/2022 11/15/22 | For Sale | $289,000 | -- | $83 / Sq Ft |
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 | $4,130 | $175,600 | $25,000 | $150,600 |
| 2024 | $3,990 | $175,600 | $25,000 | $150,600 |
| 2023 | $3,161 | $175,600 | $25,000 | $150,600 |
| 2022 | $3,706 | $175,600 | $25,000 | $150,600 |
| 2021 | $3,573 | $175,600 | $25,000 | $150,600 |
| 2020 | $3,498 | $175,600 | $25,000 | $150,600 |
| 2019 | $3,435 | $175,600 | $25,000 | $150,600 |
| 2018 | $3,380 | $175,600 | $25,000 | $150,600 |
| 2017 | $3,247 | $175,600 | $25,000 | $150,600 |
| 2016 | -- | $175,600 | $25,000 | $150,600 |
| 2015 | -- | $175,600 | $25,000 | $150,600 |
| 2014 | -- | $175,600 | $25,000 | $150,600 |
Source: Public Records
Agents Affiliated with this Home
-
Marian Rutt
Seller's Agent in 2022
Marian Rutt
RE/MAX
(717) 346-0142
1 in this area
104 Total Sales
-
Kara Weber
Seller Co-Listing Agent in 2022
Kara Weber
Keller Williams of Central PA
(610) 420-0475
1 in this area
69 Total Sales
-
MICHAEL STIPE
Buyer's Agent in 2022
MICHAEL STIPE
Coldwell Banker Realty
(717) 395-1905
5 in this area
135 Total Sales
Map
Source: Bright MLS
MLS Number: PACB2016742
APN: 19-23-0567-181
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