$275,000
SOLD OCT 31, 2024

15 Fairview Ave Waynesboro, PA 17268

-- Bed
-- Bath
4,950 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$56 Per Sq Ft

11% Below List Price

64 Days on Market

About This Home

As of October 2024

This property has 4 rental units. Excellent income producing potential for an investor. A great choice for an owner -occupant too, live in one unit and let the tenants pay your mortgage.

Last Agent to Sell the Property

Paul Gunder

paul.gunder@cbhomes.com Coldwell Banker Realty License #AB043557A Listed on: 05/30/2024

Coldwell Banker Realty

Last Buyer's Agent

Preston Fouke

(301) 988-5844 pfouke@hotmail.com Real Estate Innovations License #WV0020829

Real Estate Innovations

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,844

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 4,950 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Waynesboro Area Senior High School

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for real estate taxes
  • Assessor Parcel Number 26-5A63.-012.-000000

Community Details

Overview

  • 4 Units

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals
  • Maintenance Expense $1,000
  • Gross Income $31,380
  • Net Operating Income $24,154

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,844

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-05-30
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: This property has 4 rental units. Excellent income producing potential for an investor. A great choice for an owner -occupant too, live in one unit and let the tenants pay your mortgage.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 4950
  • Living Area Sq Ft: 4950
  • Price Per Sq Ft: 59.60
  • Above Grade Finished Sq Ft: 4950
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 15-17

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: WAYNESBORO AREA
  • High School: WAYNESBORO AREA SENIOR
  • High School Source: 3rd Party
  • School District Key: 300200396758
  • School District Source: 3rd Party
  • High School: WAYNESBORO AREA SENIOR

Lot Info

  • Land Use Code: CA
  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Year Assessed: 2022
  • Zoning: RM
  • Zoning Description: Medium Density Residential

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 3
  • Owner Pays: Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 31380.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2844.00
  • Assessor Parcel Number: 26-5A63.-012.-000000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/31/2024

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 29811.00
  • Gross Scheduled Income: 31380.00
  • Income Includes: Apartment Rentals
  • Vacancy Allowance Rate: 0.05

MLS Schools

  • School District Name: WAYNESBORO AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Oct 30, 2024
Sold by
Dick William S and Dick Valorie P
Bought by
M & J Martz Properties Llc
Seller's Agent
Paul Gunder
Coldwell Banker Realty
Buyer's Agent
Preston Fouke
Real Estate Innovations
List Price
$310,000
Sold Price
$275,000
Premium/Discount to List
-$35,000
-11.29%
Views
85
Current Estimated Value
$288,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,477
Avg. Annual Appreciation
5.06%
Original Mortgage
$225,000
Interest Rate
6.12%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 29, 2010
Sold by
Akamine Andres Y and Akamine Angela E
Bought by
Dick William S and Dick Valorie P
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 Type Sale Price Title Company
Deed $275,000 None Listed On Document
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $225,000 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Sold $275,000 -6.8% $56 / Sq Ft
08/03/2024 08/03/24 Pending -- -- --
07/24/2024 07/24/24 Price Changed $295,000 -4.8% $60 / Sq Ft
05/30/2024 05/30/24 For Sale $310,000 -- $63 / 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 $3,009 $16,600 $920 $15,680
2024 $2,934 $16,600 $920 $15,680
2023 $2,869 $16,600 $920 $15,680
2022 $2,778 $16,600 $920 $15,680
2021 $2,637 $16,600 $920 $15,680
2020 $2,616 $16,600 $920 $15,680
2019 $1,837 $16,600 $920 $15,680
2018 $2,421 $16,600 $920 $15,680
2017 $2,375 $16,600 $920 $15,680
2016 $476 $16,600 $920 $15,680
2015 $443 $16,600 $920 $15,680
2014 $443 $16,600 $920 $15,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAFL2020396

Bright MLS

APN: 26-5A63-012-000000