Dave Drobnock
Coldwell Banker Realty
(717) 790-5964
200 Total Sales
3 in Palmdale
$46K - $1.6M Price Range
1403 E Derry Rd Hershey, PA 17033
Palmdale Area
Studio
2
Baths
2,088
Sq Ft
10,454
Sq Ft Lot
Highlights
- Traditional Architecture
- 2 Car Detached Garage
- Electric Baseboard Heater
About This Home
As of February 2024OFFER RECEIVED! Offer deadline is Thurs. 2/1/24 at midnight. Introducing a prime investment opportunity in the heart of desirable Derry Township School District! This 3 unit property features a front house with a 1st flr apt w/1 BR, 1 BA (could be 2 BR if you add a wall), and a 2nd flr apt with 1 BR, 1 BA. These 2 units are in good condition w/vinyl plank floors and some carpet. The basement is unfinished. The 3rd unit is a 2-story bungalow in the rear with 1 BR, 1 BA. Currently occupied by a long-term tenant, this unit presents an excellent opportunity for renovation and increased rental income once vacant. There is also a 2-car garage that is rented separately for $150/month. New roof on Bungalow and garages in 2020. All units are currently leased on a month-to-month basis, providing flexibility for new ownership. While the second-floor apartment is scheduled for vacancy at the end of March, the remaining units are fully occupied, generating consistent rental income. The owner currently covers water, sewer, and trash expenses; however, separate water meters are in place, allowing for the possibility of billing tenants individually for these utilities, thereby increasing profitability.
With rents currently below market value, there exists a significant opportunity for increased revenue by adjusting rental rates to align with the local market. 24 hour notice required for all showings.
Last Agent to Sell the Property
(717) 553-2500 klrw1040@kw.com Keller Williams Elite License #AB066874 Listed on: 01/25/2024
Last Buyer's Agent
(717) 735-8400 cpalancasteradmins@coldwellbankermoves.com Coldwell Banker Realty License #RS277709
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,245
Year Built
- Built in 1920
Lot Details
- 10,454 Sq Ft Lot
Parking
- 2 Car Detached Garage
- Rear-Facing Garage
- On-Street Parking
Home Design
- 2,088 Sq Ft Home
- Triplex
- Traditional Architecture
- Block Foundation
- Frame Construction
Schools
- Hershey High School
Utilities
- Electric Baseboard Heater
- Electric Water Heater
Listing and Financial Details
- The owner pays for insurance, water, sewer, trash collection
- Assessor Parcel Number 24-006-019-000-0000
Community Details
Overview
- 3 Units
Building Details
- Insurance Expense $1,291
- Trash Expense $517
- Operating Expense $1,700
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
Closed on
Apr 17, 2024
Sold by
Bought by
Purchase Details
Listed on
Jan 25, 2024
Closed on
Feb 12, 2024
Sold by
Bought by
Seller's Agent
Wendy Wills
Keller Williams Elite
Buyer's Agent
David Wissler
Coldwell Banker Realty
List Price
$375,000
Sold Price
$355,000
Premium/Discount to List
-$20,000
-5.33%
Views
49
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 7, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.4%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jan 28, 2011
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.04%
Mortgage Type
Unknown
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hershey, PA
-
Dave Drobnock
-
Justine Dennis McPhee
Justine Dennis McPhee
Responds QuicklyKeller Williams Elite
(223) 216-5301
120 Total Sales
1 in Palmdale
$193,000 Price
-
Paul Rabon
Paul Rabon
For Sale By Owner Plus, REALTORS - Hershey
(717) 915-5271
101 Total Sales
1 in Palmdale
$215,000 Price
-
Kenneth Snee
Kenneth Snee
Coldwell Banker Realty
(717) 775-7151
97 Total Sales
2 in Palmdale
$215K - $270K Price Range
-
Chris Pirritano
Chris Pirritano
RE/MAX Realty Associates
(717) 255-8269
78 Total Sales
1 in Palmdale
$140,000 Price
-
Debby Moore
Debby Moore
Responds QuicklyKingsway Realty - Ephrata
(223) 216-7628
109 Total Sales
1 in Palmdale
$40,000 Price
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 |
|---|---|---|---|
| $439,900 | None Listed On Document | ||
| $355,000 | Abstract Associates Of Lancast | ||
| $290,000 | None Available | ||
| $170,000 | -- |
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 |
|---|---|---|---|
| Previous Owner | $360,000 | ||
| Previous Owner | $300,000 | ||
| Previous Owner | $65,000 | ||
| Previous Owner | $420,000 | ||
| Previous Owner | $240,000 |
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 |
|---|---|---|---|---|
| 02/12/2024 02/12/24 | Sold | $355,000 | -5.3% | $170 / Sq Ft |
| 02/02/2024 02/02/24 | Pending | -- | -- | -- |
| 01/25/2024 01/25/24 | For Sale | $375,000 | -- | $180 / 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 | $3,608 | $112,500 | $33,900 | $78,600 |
| 2025 | $3,516 | $112,500 | $33,900 | $78,600 |
| 2024 | $3,305 | $112,500 | $33,900 | $78,600 |
| 2023 | $3,246 | $112,500 | $33,900 | $78,600 |
| 2022 | $3,174 | $112,500 | $33,900 | $78,600 |
| 2021 | $3,174 | $112,500 | $33,900 | $78,600 |
| 2020 | $3,174 | $112,500 | $33,900 | $78,600 |
| 2019 | $3,116 | $112,500 | $33,900 | $78,600 |
| 2018 | $3,034 | $112,500 | $33,900 | $78,600 |
| 2017 | $3,034 | $112,500 | $33,900 | $78,600 |
| 2016 | $0 | $112,500 | $33,900 | $78,600 |
| 2015 | -- | $112,500 | $33,900 | $78,600 |
| 2014 | -- | $112,500 | $33,900 | $78,600 |
Source: Public Records
Agents Affiliated with this Home
-
Wendy Wills
Seller's Agent in 2024
Wendy Wills
Keller Williams Elite
(717) 202-5485
87 Total Sales
-
David Wissler
Buyer's Agent in 2024
David Wissler
Coldwell Banker Realty
(717) 715-2430
269 Total Sales
Map
Source: Bright MLS
MLS Number: PADA2030390
APN: 24-006-019
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