NOT LISTED FOR SALE

210 Wayne Ave Waynesboro, PA 17268

Estimated Value: $187,156 - $202,000

4 Beds
2 Baths
2,070 Sq Ft
$93/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $185,000 $89 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,170/month

59 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Traditional Floor Plan
  • Attic
  • Breakfast Area or Nook

About This Home

As of May 2024

Welcome to 210 Wayne Ave, a remarkable 2-unit duplex nestled in an enviable location in Waynesboro, offering panoramic views of the charming town below. This vacant property is primed for immediate re-leasing, promising an attractive estimated rent of $1,300 per month for each unit. Boasting a true duplex design, all utilities, including water and sewer, are separately metered, ensuring tenants cover all utility expenses, enhancing the appeal for potential investors. The property is turn-key, ready to welcome tenants and start generating income without delay. An accompanying profit report reveals an impressive 10.2% Cap rate and a 14.4% cash on cash return, assuming conventional financing with 25% down, accounting for management fees, vacancy rates, taxes, insurance, and capital expenditures. For those considering self-management, the potential for increased cash flow is significant. An enticing aspect of this property is the opportunity for 'house hacking': living in one unit while renting the other could dramatically reduce living expenses, offering financial freedom and an investment in your future. Detailed projections for this scenario are available in a second report included with the listing. Flexible financing options are available, including FHA and USDA 0% down financing, making this an accessible investment for a wide range of buyers. Don't miss the chance to own this exceptional property, where convenience, potential, and financial savvy meet.

Last Agent to Sell the Property

Adam Druck

(717) 487-2579 yourrealtoradamd@gmail.com Coldwell Banker Realty License #RS0038815 Listed on: 02/01/2024

Coldwell Banker Realty

Last Buyer's Agent

Kimberly Mills

(717) 752-4340 kim.mills@jgr.com Coldwell Banker Realty License #AB068344

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,376

Year Built

  • Built in 1937

Lot Details

  • 3,485 Sq Ft Lot
  • Property is zoned R008

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Block Foundation
  • Plaster Walls
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Paneling
  • Basement Fills Entire Space Under The House
  • Breakfast Area or Nook
  • Attic

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • More Than Two Accessible Exits

Schools

  • Waynesboro Area Senior High School

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Electric Baseboard Heater
  • Oil Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 25-5B57.-064.-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,376

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: washer and dryer, table in kitchen
  • Inclusions: Refrigerators in both units, stove
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-02-01
  • Federal Flood Zone: No
  • Year Built: 1937
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 210 Wayne Ave, a remarkable 2-unit duplex nestled in an enviable location in Waynesboro, offering panoramic views of the charming town below. This vacant property is primed for immediate re-leasing, promising an attractive estimated rent of $1,300 per month for each unit. Boasting a true duplex design, all utilities, including water and sewer, are separately metered, ensuring tenants cover all utility expenses, enhancing the appeal for potential investors. The property is turn-key, ready to welcome tenants and start generating income without delay. An accompanying profit report reveals an impressive 10.2% Cap rate and a 14.4% cash on cash return, assuming conventional financing with 25% down, accounting for management fees, vacancy rates, taxes, insurance, and capital expenditures. For those considering self-management, the potential for increased cash flow is significant. An enticing aspect of this property is the opportunity for 'house hacking': living in one unit while renting the other could dramatically reduce living expenses, offering financial freedom and an investment in your future. Detailed projections for this scenario are available in a second report included with the listing. Flexible financing options are available, including FHA and USDA 0% down financing, making this an accessible investment for a wide range of buyers. Don't miss the chance to own this exceptional property, where convenience, potential, and financial savvy meet.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Attic, Breakfast Area, Floor Plan - Traditional
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Paneled Walls, Plaster Walls
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2670
  • Living Area Sq Ft: 2070
  • Price Per Sq Ft: 95.41
  • Above Grade Finished Sq Ft: 2070
  • Below Grade Sq Ft: 600
  • Total Below Grade Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 210

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Metal
  • Spa: No
  • 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: Window Unit(s)
  • Heating Type: Baseboard - Hot Water, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric, Oil
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: WAYNESBORO AREA
  • High School: WAYNESBORO AREA SENIOR
  • High School Source: 3rd Party
  • School District Key: 300200396758
  • School District Source: 3rd Party
  • High School: WAYNESBORO AREA SENIOR

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.08
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3485.00
  • Year Assessed: 2022
  • Zoning: R008

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1376.00
  • Assessor Parcel Number: 25-5B57.-064.-000000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/15/2024

MLS Schools

  • School District Name: WAYNESBORO AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
May 16, 2024
Sold by
Rock Judy L and Sedler Judy L
Bought by
Heward Thomas W
Seller's Agent
Adam Druck
Coldwell Banker Realty
Buyer's Agent
Kimberly Mills
Coldwell Banker Realty
List Price
$197,500
Sold Price
$185,000
Premium/Discount to List
-$12,500
-6.33%
Views
69
Current Estimated Value
$193,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,289
Avg. Annual Appreciation
3.18%
Original Mortgage
$185,000
Outstanding Balance
$182,376
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$10,913
Source: Public Records

Range of Values:

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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
Heward Thomas W $185,000 Keystone Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heward Thomas W $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2024 05/15/24 Sold $185,000 -6.3% $89 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/08/2024 03/08/24 Price Changed $197,500 0.0% $95 / Sq Ft
03/08/2024 03/08/24 For Sale $197,500 -3.6% $95 / Sq Ft
02/12/2024 02/12/24 Off Market $204,900 -- --
02/01/2024 02/01/24 For Sale $204,900 -- $99 / 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 $1,687 $9,310 $380 $8,930
2024 $1,645 $9,310 $380 $8,930
2023 $1,388 $8,030 $380 $7,650
2022 $1,344 $8,030 $380 $7,650
2021 $1,276 $8,030 $380 $7,650
2020 $1,266 $8,030 $380 $7,650
2019 $1,241 $8,030 $380 $7,650
2018 $1,171 $8,030 $380 $7,650
2017 $1,149 $8,030 $380 $7,650
2016 $230 $8,030 $380 $7,650
2015 $214 $8,030 $380 $7,650
2014 $214 $8,030 $380 $7,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAFL2018112

Bright MLS

APN: 25-5B57-064-000000