NOT LISTED FOR SALE

1439 E Chocolate Ave Hershey, PA 17033

Estimated Value: $156,347

-- Bed
2 Baths
3,780 Sq Ft
$41/Sq Ft Est. Value

Last Sold August 03, 2017

Last sale price $85,000 $22 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,207/month

Highlights

  • No HOA
  • Hershey Elementary School Rated A
  • Baseboard Heating

About This Home

As of August 2017

Property is currently Bank owned. Projected rents are based on rents previously paid to rent the premises. Some water damage inside from burst pipes over winter. Great opportunity for business owner operator. You will not find a better deal on Chocolate Avenue. Call for you appointment today.

Last Agent to Sell the Property

Robert Fox

(717) 579-2434 bobfox@remax.net RE/MAX Pinnacle License #AB050159L Listed on: 06/14/2017

RE/MAX Pinnacle

Last Buyer's Agent

GEORGE HOLEVAS

(717) 379-7520 CentralPAProperty@gmail.com Iron Valley Real Estate of Central PA

Iron Valley Real Estate of Central PA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 6,882

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Baseboard Heating
  • 100 Amp Service

Listing and Financial Details

  • Tenant pays for electricity, heat, gas, hot water
  • The owner pays for insurance, real estate taxes, repairs, supplies
  • Assessor Parcel Number 240061520000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Insurance Expense $800
  • Maintenance Expense $800
  • Trash Expense $300

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Current Use: Mixed
  • New Construction: No
  • Year Built: 1942
  • Remarks Public: Property is currently Bank owned. Projected rents are based on rents previously paid to rent the premises. Some water damage inside from burst pipes over winter. Great opportunity for business owner operator. You will not find a better deal on Chocolate Avenue. Call for you appointment today.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: No
  • Total Sq Ft: 3780
  • Living Area Sq Ft: 3780
  • Price Per Sq Ft: 39.48
  • Above Grade Finished Sq Ft: 2520
  • Below Grade Finished Sq Ft: 1260
  • Total Below Grade Sq Ft: 1260
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1439

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Construction Completed: No
  • Roof: Fiberglass, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Type Of Parking: Off Street, On Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1000.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: DERRY TOWNSHIP
  • School District Key: 300200397431

Lot Info

  • Zoning Description: Commercial

Rental Info

  • Lease Term: Other
  • Owner Pays: Insurance, Taxes - Real Estate, Repairs, Supplies
  • Tenant Pays: Electricity, Heat, Gas, Hot Water
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 10541468
  • Tax Annual Amount: 2475.00
  • Assessor Parcel Number: 240061520000000
  • Tax Year: 2016
  • Close Date: 08/03/2017

MLS Schools

  • School District Name: DERRY TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2017
Closed on
Aug 2, 2017
Sold by
Chesapeake Holdings Wt De Llc
Bought by
Yl Sopheap
Seller's Agent
Robert Fox
RE/MAX Pinnacle
Buyer's Agent
GEORGE HOLEVAS
Iron Valley Real Estate of Central PA
List Price
$99,500
Sold Price
$85,000
Premium/Discount to List
-$14,500
-14.57%
Current Estimated Value
$156,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,347
Avg. Annual Appreciation
6.33%

Purchase Details

Closed on
Jul 21, 2016
Sold by
Nugent Investment Lp
Bought by
Chesapeake Holdings Wt De Llc

Purchase Details

Closed on
Oct 25, 2004
Sold by
An Apartment 4 You
Bought by
Nugent Investment

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.85%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Yl Sopheap $85,000 None Available
Chesapeake Holdings Wt De Llc -- None Available
Nugent Investment $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nugent Investment $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2017 08/03/17 Sold $85,000 -14.6% $22 / Sq Ft
07/12/2017 07/12/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $99,500 -- $26 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $4,532 $145,000 $62,600 $82,400
2024 $4,259 $145,000 $62,600 $82,400
2023 $4,183 $145,000 $62,600 $82,400
2022 $4,090 $145,000 $62,600 $82,400
2021 $4,090 $145,000 $62,600 $82,400
2020 $4,090 $145,000 $62,600 $82,400
2019 $4,017 $145,000 $62,600 $82,400
2018 $3,910 $145,000 $62,600 $82,400
2017 $3,910 $145,000 $62,600 $82,400
2016 $0 $145,000 $62,600 $82,400
2015 -- $145,000 $62,600 $82,400
2014 -- $145,000 $62,600 $82,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002750775

Bright MLS

APN: 24-006-152