NOT LISTED FOR SALE

147 W Main St Adamstown, PA 19501

Estimated Value: $415,000 - $458,298

-- Bed
4 Baths
-- Sq Ft
0.5 Acres

Last Sold July 30, 2014

Last sale price $205,000

Est. 111% increase in value since last sale

Current estimated payment $2,944/month

114 Days on Market

Highlights

  • No HOA
  • Shed
  • Forced Air Heating System
  • Window Unit Cooling System

About This Home

As of July 2014

Solid investment opportunity in the heart of Adamstown. This turn-key rental property features 4 oversized units. Each unit features large modern kitchens and modern baths. All units have extra storage space with the 2nd floor units having large attics and the 1st floor units featuring a lower level bonus room as well as a separate utility/laundry area.

Last Agent to Sell the Property

Gabrielle Dietrich

Century 21 Gold License #RM046663A Listed on: 02/04/2014

Century 21 Gold

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,577

Lot Details

  • 0.5 Acre Lot
  • Property is in good condition

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Built-Up Roof

Attic

  • Storage In Attic

Outdoor Features

  • Shed
  • Storage Shed

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • Washer and Dryer Hookup
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Assessor Parcel Number 010-43757-0-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Electric Expense $240
  • Insurance Expense $1,642
  • Maintenance Expense $750
  • Operating Expense $6,547

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,577

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Storage: Attic, Basement, Shed
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Partially Finished

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Built-Up
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Annual Heating Expense: 3335.00
  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Electric Expense: 240.00
  • Electric Service: 100 Amp Service, Fuses
  • Heating Type: Forced Air, Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 580.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: COCALICO
  • School District Key: 300200397416

Lot Info

  • Lot Size Acres: 0.50
  • Property Condition: Good
  • Zoning Description: Other - See Remarks
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3975012
  • School Tax: 3557.76
  • Tax Annual Amount: 4577.18
  • Assessor Parcel Number: 010-43757-0-0000
  • County Tax Payment Frequency: Annually
  • Close Date: 07/30/2014

Multi Family

  • Operating Expense: 6547.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2014
Closed on
Jul 30, 2014
Sold by
Lausch Larry L and Lausch Edith S
Bought by
Messner Mitchell L
Seller's Agent
Gabrielle Dietrich
Century 21 Gold
List Price
$219,900
Sold Price
$205,000
Premium/Discount to List
-$14,900
-6.78%
Current Estimated Value
$432,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,325
Avg. Annual Appreciation
7.21%
Original Mortgage
$201,286
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 15, 2001
Sold by
Steffy Dennis L and Steffy Lois E
Bought by
Lausch Larry L and Lausch Edith S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
7.09%
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
Messner Mitchell L $205,000 None Available
Lausch Larry L $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Messner Mitchell L $280,000
Closed Messner Mitchell L $201,286
Previous Owner Lausch Larry L $115,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2014 07/30/14 Sold $205,000 -6.8% --
05/29/2014 05/29/14 Pending -- -- --
02/04/2014 02/04/14 For Sale $219,900 -- --
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
2024 $6,428 $255,600 $63,000 $192,600
2023 $6,280 $255,600 $63,000 $192,600
2022 $6,115 $255,600 $63,000 $192,600
2021 $6,115 $255,600 $63,000 $192,600
2020 $6,115 $255,600 $63,000 $192,600
2019 $6,044 $255,600 $63,000 $192,600
2018 $4,778 $255,600 $63,000 $192,600
2017 $4,750 $163,500 $26,900 $136,600
2016 $4,750 $163,500 $26,900 $136,600
2015 $1,019 $163,500 $26,900 $136,600
2014 $3,649 $163,500 $26,900 $136,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002731387

Bright MLS

APN: 010-43757-0-0000