1318 Mill Pond Way Palmyra, PA 17078
4
Beds
3
Baths
3,396
Sq Ft
0.29
Acres
Highlights
- 1 Fireplace
- 2 Car Attached Garage
- Central Air
- No HOA
- Heating system powered by solar connected to the grid
- Hot Water Heating System
About This Home
As of December 2024Solid opportunity for an investor, contractor, or residential buyer looking to build sweat equity on this 4-Level Split in North Londonberry Township. Major ARV upside with the massive living space and excellent location. The main and upper levels combine for 2,321 sqft. Main level has very large rooms including a living room/den, formal living room, dining room, and big kitchen with breakfast nook. The upper level has three (3) bedrooms and two (2) full bathrooms. The "lower level" is actually fully above-grade and adds an additional 1,075 sqft with a 4th bedroom, 3rd full bathroom, and comfortable living room. This level also has plumbing inside the walls for a small kitchen area, and has multiple entry points including garage access and a sliding glass door exiting to the back patio. The "lower level" could easily be its own self-contained living space. Despite the rules of how a property is listed, this home genuinely has 3,400 above-grade square footage. There is also a full unfinished basement that is truly below grade, which could be finished for even more living space. The options are plentiful and the space is enormous. The home sits on a quiet and friendly street that is within walking distance of Palmyra Area High School and the Palmyra Community Pool, and is a very short drive to all local amenities and Hershey Attractions. This property is an estate sale, and the condition is in need of cosmetics and several various upgrades and improvements. The overall condition is solid, sturdy, well-built, with good bones. All windows were replaced with casement windows within the past 10 years. The home has two HVAC systems. One of the furnaces and central A/C were replaced in 2019 with Lennox brand equipment. A high efficiency tankless water heater was also added in 2018. The other furnace and central A/C are older units - furnace works but A/C is in need of repair or possible replacement. There is damage to the drywall on the inside of the dormers. This is purely cosmetic. The dormers were fully repaired when the roof was replaced approximately 10-15 years ago (40-year roof). The solar panels are Tesla brand, and the listing agent is currently gathering information on the transfer of the lease and/or removal of the panels. More info to follow. Please feel free to reach out with specific questions. This home needs some work but is an extremely well-crafted home with a very solid foundation, and has serious potential for greatness. Seize your moment!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,669
Year Built
- Built in 1988
Lot Details
- 0.29 Acre Lot
- Property is zoned LOW DENSITY RES
Parking
- 2 Car Attached Garage
- 4 Driveway Spaces
- Side Facing Garage
Home Design
- Split Level Home
- Combination Foundation
- Block Foundation
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- Property has 3 Levels
- 1 Fireplace
Bedrooms and Bathrooms
Basement
- Walk-Out Basement
- Exterior Basement Entry
Eco-Friendly Details
- Heating system powered by solar connected to the grid
Utilities
- Central Air
- Heat Pump System
- Hot Water Heating System
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 28-2295103-353394-0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 8, 2024
Closed on
Dec 23, 2024
Sold by
Boltz Andrew M
Bought by
Reynosa Andrew Reed and Hoffner Reynosa Rebekah
Seller's Agent
Kim Gassert
Iron Valley Real Estate
Buyer's Agent
Brad Kerstetter
Coldwell Banker Realty
List Price
$495,000
Sold Price
$475,000
Premium/Discount to List
-$20,000
-4.04%
Views
90
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
$440
Avg. Annual Appreciation
4.57%
Original Mortgage
$380,000
Outstanding Balance
$377,684
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$112,200
Purchase Details
Listed on
Apr 27, 2024
Closed on
May 28, 2024
Sold by
Kuch Robert W and Cordray Kimberly A
Bought by
Boltz Andrew M
Seller's Agent
Tommy Long
Howard Hanna Krall Real Estate
Buyer's Agent
Kim Gassert
Iron Valley Real Estate
List Price
$350,000
Sold Price
$307,500
Premium/Discount to List
-$42,500
-12.14%
Views
147
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
114.44%
Similar Homes in Palmyra, 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $475,000 | None Listed On Document | |
| Deed | $307,500 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $380,000 | New Conventional | |
| Previous Owner | $300,240 | Reverse Mortgage Home Equity Conversion Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/23/2024 12/23/24 | Sold | $475,000 | -4.0% | $140 / Sq Ft |
| 11/26/2024 11/26/24 | Pending | -- | -- | -- |
| 11/08/2024 11/08/24 | For Sale | $495,000 | +61.0% | $146 / Sq Ft |
| 05/28/2024 05/28/24 | Sold | $307,500 | -5.4% | $91 / Sq Ft |
| 05/11/2024 05/11/24 | Pending | -- | -- | -- |
| 05/06/2024 05/06/24 | Price Changed | $325,000 | -7.1% | $96 / Sq Ft |
| 04/27/2024 04/27/24 | For Sale | $350,000 | -- | $103 / 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 | $6,925 | $282,000 | $35,400 | $246,600 |
| 2024 | $6,417 | $282,000 | $35,400 | $246,600 |
| 2023 | $6,417 | $282,000 | $35,400 | $246,600 |
| 2022 | $6,253 | $282,000 | $35,400 | $246,600 |
| 2021 | $5,907 | $282,000 | $35,400 | $246,600 |
| 2020 | $5,827 | $282,000 | $35,400 | $246,600 |
| 2019 | $5,714 | $282,000 | $35,400 | $246,600 |
| 2018 | $5,654 | $282,000 | $35,400 | $246,600 |
| 2017 | $1,497 | $282,000 | $35,400 | $246,600 |
| 2016 | $5,288 | $282,000 | $35,400 | $246,600 |
| 2015 | -- | $282,000 | $35,400 | $246,600 |
| 2014 | -- | $282,000 | $35,400 | $246,600 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Gassert
Seller's Agent in 2024
Kim Gassert
Iron Valley Real Estate
(717) 273-3774
6 in this area
66 Total Sales
-
Tommy Long
Seller's Agent in 2024
Tommy Long
Howard Hanna Krall Real Estate
(717) 507-9521
2 in this area
156 Total Sales
-
Brad Kerstetter
Buyer's Agent in 2024
Brad Kerstetter
Coldwell Banker Realty
(223) 231-6702
1 in this area
52 Total Sales
Map
Source: Bright MLS
MLS Number: PALN2014528
APN: 28-2295103-353394-0000
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