NOT LISTED FOR SALE

207 1/2 Reno Ave New Cumberland, PA 17070

Estimated Value: $175,000 - $198,000

-- Bed
1 Bath
2,000 Sq Ft
$95/Sq Ft Est. Value

Last Sold August 03, 2020

Last sale price $116,000 $58 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,178/month

Highlights

  • Traditional Architecture
  • No HOA
  • Ceiling Fan
  • Wood Flooring
  • Porch
  • Electric Baseboard Heater

About This Home

As of August 2020

With a fantastic location in the heart of New Cumberland, this 2-unit home features two separate 1st and 2nd floor apartments (both currently rented through July 2021) and a great opportunity to expand your investment portfolio. The first floor unit features original hardwood floors, living room, a full kitchen, mudroom, and 1 bedroom and currently rents for $550. Second floor unit features a large living room, full kitchen, and 2 bedrooms and currently rents for $750. A copy of the current operating expenses is available for review. Tenants are responsible for all utilities (excluding trash and water). Both units are served by electric baseboard heat and dedicated water heaters. Common basement houses laundry area w/ included washer and dryer.

Last Agent to Sell the Property

Angie Miller

(717) 608-4414 angie@angiemillerhomes.com RE/MAX Premier Services License #RM424448 Listed on: 07/16/2020

RE/MAX Premier Services

Last Buyer's Agent

Lee Smith

(717) 909-4702 lee.smith@cbhomes.com Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,406

Year Built

  • Built in 1910

Lot Details

  • 3,485

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Frame Construction
  • Asphalt Roof
  • Rubber Roof
  • Aluminum Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Electric Oven or Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Cedar Cliff High School

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • Porch
  • 3,485 Sq Ft Lot

Listing and Financial Details

  • The owner pays for water, sewer, real estate taxes, trash collection
  • Assessor Parcel Number 25-25-0006-233

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $818
  • Operating Expense $2,486
  • Net Operating Income $13,114

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,406

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: 2 Refrigerators, 2 Ranges, and Washer and Dryer in Basement
  • New Construction: No
  • Year Built: 1910
  • Remarks Public: With a fantastic location in the heart of New Cumberland, this 2-unit home features two separate 1st and 2nd floor apartments (both currently rented through July 2021) and a great opportunity to expand your investment portfolio. The first floor unit features original hardwood floors, living room, a full kitchen, mudroom, and 1 bedroom and currently rents for $550. Second floor unit features a large living room, full kitchen, and 2 bedrooms and currently rents for $750. A copy of the current operating expenses is available for review. Tenants are responsible for all utilities (excluding trash and water). Both units are served by electric baseboard heat and dedicated water heaters. Common basement houses laundry area w/ included washer and dryer.
  • Special Features: None

Interior Features

  • Appliances: Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Flooring Type: Hardwood, Carpet, Vinyl
  • Interior Amenities: Carpet, Ceiling Fan(s)
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2000
  • Living Area Sq Ft: 2000
  • Price Per Sq Ft: 57.50
  • Above Grade Finished Sq Ft: 2000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 208

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Roof: Rubber, Asphalt
  • 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
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: WEST SHORE
  • High School: CEDAR CLIFF
  • High School Source: Listing Agent
  • School District Key: 300200396678
  • School District Source: Listing Agent
  • High School: CEDAR CLIFF

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 103600.00
  • Land Assessed Value: 28500.00
  • Land Use Code: 101
  • Lot Size Acres: 0.08
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3485.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Yearly, Gross
  • Ground Rent Exists: No
  • Owner Pays: Water, Sewer, Taxes - Real Estate, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 15600.00
  • Units Leased Count: 2
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 11162870
  • School Tax: 1578.00
  • Tax Annual Amount: 2406.00
  • Assessor Parcel Number: 25-25-0006-233
  • Tax Total Finished Sq Ft: 2000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/03/2020

Multi Family

  • Income Includes: Apartment Rentals
  • Operating Expense: 2486.00
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: WEST SHORE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2018
Sold by
Grow William J and Grow Tricia M
Bought by
Strawser Bambi Sheena and Shirk Paul Frederick
Current Estimated Value
$189,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,188
Outstanding Balance
$86,064
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$103,263
Source: Public Records

Range of Values:

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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
Strawser Bambi Sheena $100,000 Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strawser Bambi Sheena $98,188
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2020 08/03/20 Sold $116,000 +0.9% $58 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $115,000 -- $58 / 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 $2,057 $96,200 $27,200 $69,000
2024 $1,948 $96,200 $27,200 $69,000
2023 $1,868 $96,200 $27,200 $69,000
2022 $1,819 $96,200 $27,200 $69,000
2021 $1,778 $96,200 $27,200 $69,000
2020 $1,752 $96,200 $27,200 $69,000
2019 $1,723 $96,200 $27,200 $69,000
2018 $1,680 $96,200 $27,200 $69,000
2017 $1,652 $96,200 $27,200 $69,000
2016 -- $96,200 $27,200 $69,000
2015 -- $96,200 $27,200 $69,000
2014 -- $96,200 $27,200 $69,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACB125670

Bright MLS

APN: 25-25-0006-265