NOT LISTED FOR SALE

1547 Spring Rd Carlisle, PA 17013

Estimated Value: $129,000 - $352,000

-- Bed
2 Baths
2,480 Sq Ft
$94/Sq Ft Est. Value

Last Sold April 19, 2013

Last sale price $79,000 $32 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $1,426/month

Highlights

  • No HOA
  • Heating Available
  • 5-minute walk to Shaffer Park

About This Home

As of April 2013

GREAT LOCATION WITH GREAT CASH FLOW. CLOSE TO CARLISLE FAIRGROUNDS. 3 UNITS (2 APARTMENTS + 2-CAR GARAGE)... ALL WITH INCOME POTENTIAL. OWNER IS CURRENTLY USING GARAGE. TENANTS PAY ELECTRIC AND SEPTIC PUMPING. UNITS HAVE ENERGY EFFICIENT TANKLESS WATER HEATERS. OWNER TAKES CARE OF GROUNDS. 24 HOUR NOTICE TO SHOW REQUIRED.

Last Agent to Sell the Property

Jim Collins

(717) 386-0226 jimjcollins@gmail.com Real Estate Excel License #RM060253A Listed on: 01/04/2013

Last Buyer's Agent

NON MEMBER

NONMEM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,641

Year Built

  • Built in 1923

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

Kitchen

  • Gas Oven or Range
  • Stove

Utilities

  • Heating Available
  • 200+ Amp Service
  • Water Holding Tank
  • Sewer Holding Tank

Listing and Financial Details

  • Tenant pays for electricity, hot water, sewer
  • The owner pays for insurance, real estate taxes, repairs
  • Assessor Parcel Number 29181369023

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Insurance Expense $363
  • Trash Expense $199
  • Net Operating Income $11,288

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,641

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator, Oven - Single, Stove
  • Fireplace: No
  • Total Sq Ft: 2480
  • Living Area Sq Ft: 2480
  • Price Per Sq Ft: 53.51
  • Above Grade Finished Sq Ft: 1680
  • Below Grade Finished Sq Ft: 800
  • Total Below Grade Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Type: Electric
  • Heating: Yes
  • Sewer/Septic System: Holding Tank
  • Water Sewer Expenses: 309.00
  • Water Source: Holding Tank, Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: CARLISLE AREA
  • School District Key: 300200396534

Lot Info

  • Lot Size Acres: 0.17

Rental Info

  • Owner Pays: Insurance, Taxes - Real Estate, Repairs
  • Tenant Pays: Electricity, Hot Water, Sewer
  • Vacation Rental: No

Multi Family

  • Gross Income: 13800.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 11156416
  • Tax Annual Amount: 1641.00
  • Assessor Parcel Number: 29181369023
  • Tax Year: 2012
  • Close Date: 04/19/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2013
Closed on
Apr 17, 2013
Sold by
Mummau George T
Bought by
Starner Barbara F and Thompson Robert E
Seller's Agent
Jim Collins
Real Estate Excel
Buyer's Agent
NON MEMBER
NONMEM
List Price
$89,900
Sold Price
$79,000
Premium/Discount to List
-$10,900
-12.12%
Current Estimated Value
$232,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,245
Avg. Annual Appreciation
9.02%

Purchase Details

Closed on
Nov 10, 2004
Sold by
Fed Natl Mtg Assoc Fannie
Bought by
Mummau George T

Purchase Details

Closed on
Oct 25, 1999
Sold by
Nicholson Elizabeth B
Bought by
Kuhn Ellis C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
7.78%
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
Starner Barbara F $79,000 --
Mummau George T $50,000 --
Kuhn Ellis C $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kuhn Ellis C $50,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2013 04/19/13 Sold $79,000 -12.1% $32 / Sq Ft
04/04/2013 04/04/13 Pending -- -- --
01/04/2013 01/04/13 For Sale $89,900 -- $36 / 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 $2,344 $111,900 $30,700 $81,200
2024 $2,255 $111,900 $30,700 $81,200
2023 $2,174 $111,900 $30,700 $81,200
2022 $2,139 $111,900 $30,700 $81,200
2021 $2,104 $111,900 $30,700 $81,200
2020 $2,054 $111,900 $30,700 $81,200
2019 $2,006 $111,900 $30,700 $81,200
2018 $1,953 $111,900 $30,700 $81,200
2017 $1,909 $111,900 $30,700 $81,200
2016 -- $111,900 $30,700 $81,200
2015 -- $111,900 $30,700 $81,200
2014 -- $111,900 $30,700 $81,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000041982

Bright MLS

APN: 29-18-1369-023