NOT LISTED FOR SALE

18 S Market St Mechanicsburg, PA 17055

Estimated Value: $199,913

-- Bed
-- Bath
2,517 Sq Ft
$79/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $187,500 $74 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,347/month

Highlights

  • Colonial Architecture
  • More Than Two Accessible Exits
  • Property is in very good condition
  • Mechanicsburg Area Senior High School Rated A-
  • Electric Baseboard Heater
  • 5-minute walk to Finkenbinder Park

About This Home

As of March 2024

Right off the square! Check out this downtown mixed use investment property in excellent condition! This building features a first floor commercial space that can easily be split into 2. On the 2nd floor, there are two lovely apartments, both fully rented. Take advantage of this great property in a great area, and add to your portfolio today. Priced to sell at a cap rate of 10%. Set up a showing today!

Last Agent to Sell the Property

Michael Kushla

Keller Williams Keystone Realty License #AB069352 Listed on: 02/26/2024

Keller Williams Keystone Realty

Last Buyer's Agent

JOHN Wiga

Iron Valley Real Estate of York County License #BK3477371

Iron Valley Real Estate of York County

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,037

Year Built

  • Built in 1900

Lot Details

  • 1,307 Sq Ft Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • 2,517 Sq Ft Home
  • Triplex
  • Colonial Architecture
  • Permanent Foundation
  • Stick Built Home

Accessible Home Design

  • More Than Two Accessible Exits
  • Level Entry For Accessibility

Schools

  • Mechanicsburg Area High School

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 16-23-0565-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,037

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits, Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: tenants' personal items
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Right off the square! Check out this downtown mixed use investment property in excellent condition! This building features a first floor commercial space that can easily be split into 2. On the 2nd floor, there are two lovely apartments, both fully rented. Take advantage of this great property in a great area, and add to your portfolio today. Priced to sell at a cap rate of 10%. Set up a showing today!
  • Special Features: None

Interior Features

  • Foundation Details: Permanent
  • Basement: No
  • Total Sq Ft: 2517
  • Living Area Sq Ft: 2517
  • Price Per Sq Ft: 74.38
  • Above Grade Finished Sq Ft: 2517
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • 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

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: MECHANICSBURG AREA
  • High School: MECHANICSBURG AREA
  • School District Key: 300200396842
  • School District Source: Listing Agent
  • High School: MECHANICSBURG AREA

Lot Info

  • Land Use Code: 319
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: MIXED USE

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 2129.00
  • Tax Annual Amount: 3037.00
  • Assessor Parcel Number: 16-23-0565-001
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 03/28/2024

MLS Schools

  • School District Name: MECHANICSBURG AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2024
Closed on
Mar 20, 2024
Sold by
Integrity 1St Home Buyers Llc
Bought by
Anderson Matthew A
Seller's Agent
Michael Kushla
Keller Williams Keystone Realty
Buyer's Agent
JOHN Wiga
Iron Valley Real Estate of York County
List Price
$187,210
Sold Price
$187,500
Premium/Discount to List
$290
0.15%
Views
30
Current Estimated Value
$199,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,413
Avg. Annual Appreciation
3.11%
Original Mortgage
$140,625
Outstanding Balance
$138,612
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$57,402

Purchase Details

Closed on
May 28, 2021
Sold by
Redemption Property Group Llc
Bought by
Integrity First Home Buyers Llc

Purchase Details

Closed on
Apr 25, 2019
Sold by
Strong David R and Strong Glenda
Bought by
Redemption Property Group Llc

Purchase Details

Closed on
Jun 5, 2003
Sold by
Strong Samuel
Bought by
Strong David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.83%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Anderson Matthew A $187,500 None Listed On Document
Integrity First Home Buyers Llc $125,000 None Available
Redemption Property Group Llc $90,000 None Available
Strong David $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Matthew A $140,625
Previous Owner Integrity First Home Buyers Llc $104,000
Previous Owner Redemption Property Group Llc $73,600
Previous Owner Strong David $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $187,500 +0.2% $74 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/26/2024 02/26/24 For Sale $187,210 -- $74 / 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 $3,189 $135,600 $15,000 $120,600
2024 $3,081 $135,600 $15,000 $120,600
2023 $2,441 $135,600 $15,000 $120,600
2022 $2,862 $135,600 $15,000 $120,600
2021 $2,759 $135,600 $15,000 $120,600
2020 $2,701 $135,600 $15,000 $120,600
2019 $2,652 $135,600 $15,000 $120,600
2018 $2,610 $135,600 $15,000 $120,600
2017 $2,507 $135,600 $15,000 $120,600
2016 -- $135,600 $15,000 $120,600
2015 -- $135,600 $15,000 $120,600
2014 -- $135,600 $15,000 $120,600
Source: Public Records

Agents Affiliated with this Home

  • Michael Kushla

    Seller's Agent in 2024

    Michael Kushla

    Keller Williams Keystone Realty

    (717) 318-1870

    1 in this area

    94 Total Sales

    Michael Kushla
    Section Image
  • JOHN Wiga

    Buyer's Agent in 2024

    JOHN Wiga

    Iron Valley Real Estate of York County

    (717) 577-0938

    1 in this area

    144 Total Sales

    JOHN Wiga
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PACB2028386

Bright MLS

APN: 16-23-0565-001

Pennsylvania Cumberland County Mechanicsburg 17055

18 S Market St, Mechanicsburg, PA

This home is located at 18 S Market St, Mechanicsburg, PA 17055 since 26 February 2024 and is currently estimated at $199,913, approximately $79 per square foot. This property was built in 1900. 18 S Market St is a home located in Cumberland County with nearby schools including Mechanicsburg Middle School, Mechanicsburg Area Senior High School, and Trinity High School.

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