NOT LISTED FOR SALE

208 E Main St Mount Joy, PA 17552

Estimated Value: $233,759 - $256,000

-- Bed
1 Bath
5,000 Sq Ft
$49/Sq Ft Est. Value

Last Sold April 09, 2018

Last sale price $470,000 $94 Per Sq Ft

Est. 48% decrease in value since last sale

Current estimated payment $1,525/month

274 Days on Market

Highlights

  • No HOA
  • Parking Storage or Cabinetry
  • Baseboard Heating
  • Window Unit Cooling System
  • Outdoor Storage

About This Home

As of April 2018

Downtown Mount Joy Investment Property with Two Anchor Retail Spaces. This property features room to grow revenue or owner occupy 2,300 sq feet of Flex Space and 1,800 sq feet of garage/storage space. The 3 apartments above the 2 retail spaces have been updated and are on separate utilities with 10+ year tenants. The basement was recently waterproofed with lifetime transferable warranty and .09 acre lot (270 Sassafras Alley) included at current list price. The numbers shown in the listing are current and projected gross income could easily exceed $70,000/year. Listing agent must be present for all showings. Copies of Leases, Disclosures, and Financials available upon request.

Last Agent to Sell the Property

Jeremy Ganse

RE/MAX SmartHub Realty License #RS306553 Listed on: 05/24/2017

RE/MAX SmartHub Realty

Last Buyer's Agent

Jerry Fisher

RE/MAX Pinnacle

RE/MAX Pinnacle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,987

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 51' x 180' x 48' x 180'

Home Design

  • Duplex
  • Converted Dwelling
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof
  • Rubber Roof

Interior Spaces

  • 5,000 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 12 Car Garage
  • Parking Storage or Cabinetry
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Storage

Schools

  • Donegal Elementary And Middle School
  • Donegal High School

Utilities

  • Window Unit Cooling System
  • Central Air
  • Heat Pump System
  • Baseboard Heating
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for heat, hot water
  • Assessor Parcel Number 450-96487-0-0000

Community Details

Overview

  • No Home Owners Association
  • Main Street Mount Joy Subdivision

Building Details

  • Income includes apartment rentals, professional offices
  • Electric Expense $456
  • Insurance Expense $2,746
  • Maintenance Expense $1,500
  • Trash Expense $840
  • Operating Expense $6,577
  • Net Operating Income $36,132

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,987

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Current Use: Office
  • New Construction: No
  • Storage: Basement, Garage
  • Remarks Public: Downtown Mount Joy Investment Property with Two Anchor Retail Spaces. This property features room to grow revenue or owner occupy 2,300 sq feet of Flex Space and 1,800 sq feet of garage/storage space. The 3 apartments above the 2 retail spaces have been updated and are on separate utilities with 10+ year tenants. The basement was recently waterproofed with lifetime transferable warranty and .09 acre lot (270 Sassafras Alley) included at current list price. The numbers shown in the listing are current and projected gross income could easily exceed $70,000/year. Listing agent must be present for all showings. Copies of Leases, Disclosures, and Financials available upon request.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 5000
  • Living Area Sq Ft: 5000
  • Price Per Sq Ft: 105.00
  • Above Grade Finished Sq Ft: 5000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 206

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Block, Brick
  • Construction Completed: No
  • Exterior Features: Secure Storage
  • Roof: Composite, Shingle, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Spaces Total: 12.00
  • Type Of Parking: Off Street, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Window Unit(s)
  • Cooling: Yes
  • Electric Expense: 456.00
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Baseboard, Electric, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1035.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: DONEGAL
  • Elementary School: DONEGAL
  • Middle School: DONEGAL
  • High School: DONEGAL
  • School District Key: 300200397375
  • Elementary School: DONEGAL
  • High School: DONEGAL
  • Middle Or Junior School: DONEGAL

Lot Info

  • Improvement Assessed Value: 248300.00
  • Land Assessed Value: 36800.00
  • Lot Size Acres: 0.30
  • Lot Dimensions: 51' x 180' x 48' x 180'
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9148.00
  • Property Attached Yn: Yes
  • Zoning: COMMERCIAL
  • Zoning Description: Commercial,Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Heat, Hot Water
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4117066
  • School Tax: 6523.00
  • Tax Annual Amount: 8987.00
  • Assessor Parcel Number: 450-96487-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 04/09/2018

Multi Family

  • Gross Income: 51600.00
  • Income Includes: Apartment Rentals, Professional Offices
  • Operating Expense: 6577.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: DONEGAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 1998
Sold by
Reynolds Judith L and Gehman Judith L
Bought by
Shank David L
Current Estimated Value
$245,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,600
Interest Rate
6.8%
Source: Public Records

Range of Values:

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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
Shank David L $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shank David L $107,900
Closed Shank David L $109,300
Closed Shank David L $17,000
Closed Shank David L $112,000
Closed Shank David L $20,000
Closed Shank David L $64,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2018 04/09/18 Sold $470,000 -14.5% $94 / Sq Ft
02/22/2018 02/22/18 Pending -- -- --
05/24/2017 05/24/17 For Sale $549,900 -- $110 / 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
2024 $2,046 $100,000 $29,900 $70,100
2023 $2,020 $100,000 $29,900 $70,100
2022 $2,001 $100,000 $29,900 $70,100
2021 $1,973 $100,000 $29,900 $70,100
2020 $1,973 $100,000 $29,900 $70,100
2019 $1,955 $100,000 $29,900 $70,100
2018 $2,349 $100,000 $29,900 $70,100
2017 $2,285 $96,100 $23,900 $72,200
2016 $2,285 $96,100 $23,900 $72,200
2015 $839 $96,100 $23,900 $72,200
2014 $1,321 $96,100 $23,900 $72,200
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Ganse

    Seller's Agent in 2018

    Jeremy Ganse

    RE/MAX

    (717) 577-3251

    4 in this area

    135 Total Sales

    Section Image
  • Jerry Fisher

    Buyer's Agent in 2018

    Jerry Fisher

    RE/MAX

    (717) 464-1200

    60 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: 1002813661

Bright MLS

APN: 590-38138-0-0000

Pennsylvania Lancaster County Mount Joy 17552

208 E Main St, Mount Joy, PA

This home is located at 208 E Main St, Mount Joy, PA 17552 since 24 May 2017 and is currently estimated at $242,690, approximately $48 per square foot. 208 E Main St is a home located in Lancaster County with nearby schools including Donegal Intermediate School and Donegal High School.

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