NOT LISTED FOR SALE
Studio
6 Baths
20,000 Sq Ft
0.44 Acre Lot

Sale Details

Date Sold: June 9, 2017

Last sale price $705,000 $35 Per Sq Ft

141 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Laundry Room
  • East Pennsboro Area Senior High School Rated 9+
  • Living Room
  • 2-minute walk to West Fairview Park

About This Home

As of June 2017

All brick 3 story 18,000 sqft 14 unit with (11) 2 bedroom units and (3) 1 bedroom units.Each unit is about 750 square feet rents are from $500 a month (smallest 1 bedroom) to $650 a month for the Large 2 bedroom units. It is truly a turnkey operation at this point. Units are updated each time a new tenant arrives. Tenants Pay Their Own Heat & Electric! Owner pays water,sewer, trash & repairs. Building features large parking lot, large lit stairways & halls. E Penn Schools only minutes from Camp Hill

Last Agent to Sell the Property

JOHN ROYAL

(717) 582-9080 knowjack13@aol.com Right Move Realty, LLC Listed on: 11/07/2016

Last Buyer's Agent

JOHN ROYAL

(717) 582-9080 knowjack13@aol.com Right Move Realty, LLC Listed on: 11/07/2016

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,398

Year Built

  • Built in 1926

Lot Details

  • 19,166 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Rubber Roof

Interior Spaces

  • Living Room
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Gas Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • 200+ Amp Service

Listing and Financial Details

  • Tenant pays for cable TV, electricity, heat, cooking fuel
  • The owner pays for real estate taxes, repairs
  • Assessor Parcel Number 45171044111

Community Details

Overview

  • No Home Owners Association
  • 14 Units

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $1,968
  • Insurance Expense $4,392
  • Maintenance Expense $4,541
  • Manager Expense $1,925
  • Other Expense $475
  • Trash Expense $7,728
  • Operating Expense $36,186
  • Net Operating Income $66,654

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,398

Year Built

Built in 1926

Lot Details

0.44 Acres

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Other Expense: 475.00
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Oven/Range - Gas, Refrigerator, Disposal, Oven - Single, Stove
  • Fireplace: No
  • Room List: Living Room, Laundry, Bedroom 6
  • Total Sq Ft: 20000
  • Living Area Sq Ft: 20000
  • Price Per Sq Ft: 41.67
  • Above Grade Finished Sq Ft: 18000
  • Below Grade Finished Sq Ft: 2000
  • Total Below Grade Sq Ft: 2000
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Composite, Rubber
  • 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

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Expense: 1968.00
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Baseboard, Electric
  • Heating: Yes
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 3717.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Laundry Facilities
  • HOA: No
  • Professional Management Expense: 1925.00

Lot Info

  • Lot Size Acres: 0.44
  • Zoning Description: Apartment,Residential

Rental Info

  • Lease Term: Other
  • Owner Pays: Taxes - Real Estate, Repairs
  • Tenant Pays: Cable Tv, Electricity, Heat, Cooking Fuel
  • Vacation Rental: No

Multi Family

  • Gross Income: 102840.00
  • Operating Expense: 36186.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
  • Vacancy Allowance Rate: 10.00

Tax Info

  • Assessor Parcel Number: 11087837
  • Tax Annual Amount: 9398.00
  • Assessor Parcel Number: 45171044111
  • Tax Year: 2015

MLS Schools

  • School District Name: EAST PENNSBORO AREA

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2016
Closed on
Jun 9, 2017
Sold by
Bought by
Seller's Agent
JOHN ROYAL
Right Move Realty, LLC
Buyer's Agent
JOHN ROYAL
Right Move Realty, LLC
List Price
$795,000
Sold Price
$705,000
Premium/Discount to List
-$90,000
-11.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Outstanding Balance
$458,983
Interest Rate
4.03%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$705,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $564,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/09/2017 06/09/17 Sold $705,000 -11.3% $35 / Sq Ft
03/28/2017 03/28/17 Pending -- -- --
11/07/2016 11/07/16 For Sale $795,000 -- $40 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $13,198 $628,100 $109,000 $519,100
2025 $12,965 $628,100 $109,000 $519,100
2024 $12,230 $628,100 $109,000 $519,100
2023 $11,538 $628,100 $109,000 $519,100
2022 $10,847 $628,100 $109,000 $519,100
2021 $10,663 $628,100 $109,000 $519,100
2020 $80,392 $628,100 $109,000 $519,100
2019 $10,288 $628,100 $109,000 $519,100
2018 $10,174 $628,100 $109,000 $519,100
2017 -- $628,100 $109,000 $519,100
2016 -- $628,100 $109,000 $519,100
2015 -- $628,100 $109,000 $519,100
2014 -- $628,100 $109,000 $519,100
Source: Public Records

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Map

Source: Bright MLS

MLS Number: 1002749033

Bright MLS
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