NOT LISTED FOR SALE

21 S Chestnut St Palmyra, PA 17078

Estimated Value: $309,000 - $421,000

-- Bed
2 Baths
1,771 Sq Ft
$203/Sq Ft Est. Value

Last Sold March 10, 2020

Last sale price $315,000 $178 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,467/month

194 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Parking Storage or Cabinetry
  • Palmyra Area Senior High School Rated 9+
  • 3 Car Detached Garage
  • 4-minute walk to Palmyra Parks & Recreation Co.

About This Home

As of March 2020

AWESOME investment property!!! 4 units and two have just been remodeled! All units turn key rent and go $$$$. New roof in 2016. New gas furnace in 2015. new electric garage doors for detacheched rentable garages!!!! TOTAL SQUARE FEET 5,405 Lot Size 0.12 21 South Chestnut $600 per month 829 square feet 3 rooms 1 bath washer and dryer in unit. 21A South Chestnut Street $750 per month 910 square feet 4 rooms 1 bathroom. 23 South Chestnut Street 829 square feet 4 rooms 1 bathroom. 23A South Chestnut Street $900 per month 1060 square feet 3 room and 1 bath washer and dryer hookup in unit air-conditioned. 2 bay detached garage with 12 foot doors and electric openers. TOTAL RENT INCOME 2018 37,800$ WATER - 1000 annually. gas - $2000 annually. Sewer - $2000 annually. Taxes - $4400 annually. NET INCOME $28,400

Last Agent to Sell the Property

Joshua Johnson

(717) 821-1444 joshbjohnson.realtor@gmail.com Iron Valley Real Estate License #RS341919 Listed on: 07/22/2019

Iron Valley Real Estate

Last Buyer's Agent

Amanda Krall

(717) 514-4772 amanda@amandakrall.com Iron Valley Real Estate License #RS329101

Iron Valley Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,723

Year Built

  • Built in 1991

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 3 Car Detached Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • On-Street Parking

Home Design

  • Quadruplex
  • Traditional Architecture

Interior Spaces

  • 1,771 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Palmyra Area Middle School
  • Palmyra Area High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Heat Pump System
  • Hot Water Heating System
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 16-2290855-357009-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $9,400
  • Gross Income $37,800
  • Net Operating Income $28,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,723

Year Built

Built in 1991

Lot Details

0

Parking

3

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1771
  • Living Area Sq Ft: 1771
  • Price Per Sq Ft: 186.34
  • Above Grade Finished Sq Ft: 1771
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Additional Storage Area
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Cooling Type: Heat Pump(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: PALMYRA AREA
  • Middle Or Junior School: PALMYRA AREA

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 187300.00
  • Land Assessed Value: 26400.00
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.00
  • Zoning: RESIDENTIAL

Rental Info

  • Total Actual Rent: 37800.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10319852
  • School Tax: 3282.00
  • Tax Annual Amount: 4723.00
  • Assessor Parcel Number: 16-2290855-357009-0000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

Multi Family

  • Gross Scheduled Income: 37800.00
  • Operating Expense: 9400.00

MLS Schools

  • School District Name: PALMYRA AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Mar 10, 2020
Sold by
Clift Ryan E
Bought by
Diguardia Peter J
Seller's Agent
Joshua Johnson
Iron Valley Real Estate
Buyer's Agent
Amanda Krall
Iron Valley Real Estate
List Price
$350,000
Sold Price
$315,000
Premium/Discount to List
-$35,000
-10%
Current Estimated Value
$372,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,262
Avg. Annual Appreciation
2.32%
Original Mortgage
$309,294
Outstanding Balance
$273,244
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$86,426

Purchase Details

Closed on
Feb 27, 2013
Sold by
Weaver Susan J and Weaver Glenn M
Bought by
Clift Ryan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
3.56%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Diguardia Peter J $315,000 Iron Valley Abstract Llc
Clift Ryan E $215,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diguardia Peter J $309,294
Previous Owner Clift Ryan E $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2020 03/10/20 Sold $315,000 -4.5% $178 / Sq Ft
02/01/2020 02/01/20 Pending -- -- --
12/06/2019 12/06/19 Price Changed $330,000 -5.7% $186 / Sq Ft
07/22/2019 07/22/19 For Sale $350,000 -- $198 / 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 $6,107 $213,700 $26,400 $187,300
2024 $5,395 $213,700 $26,400 $187,300
2023 $5,395 $213,700 $26,400 $187,300
2022 $5,146 $213,700 $26,400 $187,300
2021 $4,784 $213,700 $26,400 $187,300
2020 $4,723 $213,700 $26,400 $187,300
2019 $4,622 $213,700 $26,400 $187,300
2018 $4,475 $213,700 $26,400 $187,300
2017 $1,325 $213,700 $26,400 $187,300
2016 $4,202 $213,700 $26,400 $187,300
2015 -- $213,700 $26,400 $187,300
2014 -- $213,700 $26,400 $187,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALN108136

Bright MLS

APN: 16-2290855-357009-0000