NOT LISTED FOR SALE

1880 Pine Run Rd Abbottstown, PA 17301

-- Bed
-- Bath
-- Sq Ft
22 Acres

Last Sold September 17, 2017

Last sale price $3,570,000

2 Days on Market

Highlights

  • 22 Acre Lot
  • Cooling Available
  • Heating Available
  • No HOA
  • Outdoor Storage

About This Home

As of September 2017

This is 102 land lease community 81 paying rent and 21 vacant spaces ready for homes

Last Agent to Sell the Property

Charlie Mallios

Alpha State Realty License #RS174760L Listed on: 09/15/2017

Last Buyer's Agent

Charlie Mallios

Alpha State Realty License #RS174760L Listed on: 09/15/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,414

Year Built

  • Built in 1988

Lot Details

  • 22

Parking

  • Off-Street Parking

Utilities

  • Cooling Available
  • Heating Available
  • 220 Volts
  • Shared Sewer
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • 22 Acre Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, heat, hot water
  • The owner pays for accounting/legal, advertising/licenses and permits, insurance, management, real estate taxes
  • Assessor Parcel Number 17L08-0089-000

Community Details

Overview

  • No Home Owners Association
  • 102 Units
  • Pine Run Subdivision

Building Details

  • Electric Expense $4,500
  • Fuel Expense $1,200
  • Insurance Expense $5,500
  • Maintenance Expense $42,000
  • Manager Expense $21,600
  • Other Expense $104,000
  • Trash Expense $8,400
  • Operating Expense $107,200
  • Net Operating Income $221,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,414

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Other Expense: 104000.00
  • Year Built: 1988
  • Remarks Public: This is 102 land lease community 81 paying rent and 21 vacant spaces ready for homes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Street Number Modifier: 1880

Exterior Features

  • Construction Completed: No
  • Exterior Amenities: Fenced Storage/Yard
  • Exterior Features: Secure Storage
  • 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
  • Cooling: Yes
  • Electric Expense: 4500.00
  • Electric Service: 220 Volts
  • Heating: Yes
  • Sewer/Septic System: Shared Sewer
  • Utilities: Cable Tv
  • Water Sewer Expenses: 24000.00
  • Water Source: Community

Condo/Co-op/Association

  • HOA: No
  • Professional Management Expense: 21600.00

Schools

  • School District: CONEWAGO VALLEY
  • School District Key: 300200396431

Lot Info

  • Lot Size Acres: 22.00
  • Zoning Description: Residential

Rental Info

  • Lease Term: Other
  • Owner Pays: Accounting/Legal, Advertising/Licenses And Permits, Insurance, Management, Taxes - Real Estate
  • Tenant Pays: Cable Tv, Electricity, Heat, Hot Water
  • Vacation Rental: No

Multi Family

  • Fuel Expense: 1200.00
  • Gross Income: 354600.00
  • Operating Expense: 107200.00
  • Vacancy Allowance Rate: 15.00

Tax Info

  • Assessor Parcel Number: 11185108
  • Tax Annual Amount: 17414.00
  • Assessor Parcel Number: 17L08-0089-000
  • Tax Year: 2017
  • Close Date: 09/17/2017

MLS Schools

  • School District Name: CONEWAGO VALLEY

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2017 09/17/17 Sold $3,570,000 0.0% --
09/17/2017 09/17/17 Pending -- -- --
09/15/2017 09/15/17 For Sale $3,570,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002751381

Bright MLS