NOT LISTED FOR SALE

138 E Cumberland Rd Enola, PA 17025

East Pennsboro Neighborhood

Estimated Value: $233,000 - $390,000

Studio
5 Baths
3,930 Sq Ft
$76/Sq Ft Est. Value

Sale Details

Date Sold: August 4, 2017

Last sale price $245,000 $62 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,938 / mo

197 Days on Market

Highlights

  • Deck
  • No HOA
  • Window Unit Cooling System
  • Attic
  • Detached Garage
  • 2-minute walk to Perry Park

About This Home

As of August 2017

Great return on investment here with opportunity for growth. 4 units with 3 Yearly Leases and 2 Long Term Tenants. Off Street Parking area with additional on street available. Each unit has a Covered entrance and private deck. Total Fuel expense can be eliminated with the installation of 1 electric water heater for unit 2 and Electric baseboard in unit 4. First floor units come with basement and second floor units both have a third floor with a storage area. All units have washer dryer hook-ups.

Last Agent to Sell the Property

MICHAEL MARTIN

gmartin@capitalareahomes.com Central Penn Realty Services License #RS310336 Listed on: 10/21/2016

Last Buyer's Agent

Paul Bahn

(717) 737-2121 jordan@century21rs.com Century 21 Realty Services License #RS229021

Century 21 Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,798

Year Built

  • Built in 1920

Lot Details

  • 0.98

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,930 Sq Ft Home
  • Ceiling Fan
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • Detached Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 200+ Amp Service
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, heat
  • The owner pays for real estate taxes, repairs
  • Assessor Parcel Number 091408322282 & 09140832281

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Fuel Expense $2,910
  • Insurance Expense $1,500
  • Maintenance Expense $2,000
  • Trash Expense $744
  • Operating Expense $10,300
  • Net Operating Income $23,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,798

Year Built

Built in 1920

Lot Details

0.98 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator, Disposal, Dishwasher, Microwave
  • Interior Amenities: Ceiling Fan(s), Attic
  • Fireplace: No
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit, Hookup
  • Total Sq Ft: 3930
  • Living Area Sq Ft: 3930
  • Price Per Sq Ft: 63.61
  • Above Grade Finished Sq Ft: 3930
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Amenities: Fenced Storage/Yard
  • Exterior Features: Secure Storage
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Parking Features: Paved Driveway
  • Type Of Parking: Off Street, On Street, Driveway, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Cooling: Yes
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Baseboard, Oil, Steam
  • Heating: Yes
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Sewer Expenses: 3049.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Attached Yn: Yes
  • Zoning Description: Apartment,Residential

Rental Info

  • Owner Pays: Taxes - Real Estate, Repairs
  • Tenant Pays: Electricity, Heat
  • Vacation Rental: No

Multi Family

  • Fuel Expense: 2910.00
  • Gross Income: 34260.00
  • Metering: Fully Separate
  • Operating Expense: 10300.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 11123652
  • Tax Annual Amount: 3798.00
  • Assessor Parcel Number: 091408322282 & 09140832281
  • Tax Year: 2016

MLS Schools

  • School District Name: EAST PENNSBORO AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2016
Closed on
Aug 4, 2017
Sold by
Martin Michael G
Bought by
Keefer Michael D and Keefer Melissa D
Seller's Agent
MICHAEL MARTIN
Central Penn Realty Services
Buyer's Agent
Paul Bahn
Century 21 Realty Services
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Current Estimated Value
$297,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,569
Avg. Annual Appreciation
2.25%
Original Mortgage
$240,562
Outstanding Balance
$196,117
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$101,452

Purchase Details

Closed on
Dec 21, 2006
Sold by
Shipman David G
Bought by
Martin Michael G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Keefer Michael D $245,000 None Available
Martin Michael G $120,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keefer Michael D $240,562
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2017 08/04/17 Sold $245,000 -2.0% $62 / Sq Ft
05/06/2017 05/06/17 Pending -- -- --
10/21/2016 10/21/16 For Sale $250,000 -- $64 / Sq Ft
Source: Bright MLS

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
2026 $4,450 $211,800 $50,400 $161,400
2025 $4,372 $211,800 $50,400 $161,400
2024 $4,124 $211,800 $50,400 $161,400
2023 $3,891 $211,800 $50,400 $161,400
2022 $3,658 $211,800 $50,400 $161,400
2021 $3,596 $211,800 $50,400 $161,400
2020 $3,512 $211,800 $50,400 $161,400
2019 $3,469 $211,800 $50,400 $161,400
2018 $3,431 $211,800 $50,400 $161,400
2017 $2,039 $131,500 $42,000 $89,500
2016 -- $131,500 $42,000 $89,500
2015 -- $131,500 $42,000 $89,500
2014 -- $131,500 $42,000 $89,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    MICHAEL MARTIN

    Central Penn Realty Services

  • Paul Bahn

    Buyer's Agent in 2017

    Paul Bahn

    Century 21 Realty Services

    (717) 903-3880

    1 in this area

    41 Total Sales

    Paul Bahn
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Map

Source: Bright MLS

MLS Number: 1002748839

Bright MLS

APN: 09-14-0832-281

Pennsylvania Cumberland County Enola 17025 East Pennsboro

138 E Cumberland Rd, Enola, PA

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