NOT LISTED FOR SALE

2175 Baltimore Pike Hanover, PA 17331

Estimated Value: $278,000 - $320,000

-- Bed
2 Baths
2,464 Sq Ft
$119/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $200,000 $81 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,972/month

Highlights

  • 1 Acre Lot
  • Wood Flooring
  • 2 Car Detached Garage
  • Cape Cod Architecture
  • No HOA
  • Hot Water Heating System

About This Home

As of June 2021

Solid brick 2-unit on an acre of land. Both units currently renting for $925/mo each. Tenants pay for all utilities and are responsible for lawn mowing and snow removal. Units are side-by-side. Front door leads into a small foyer with doors to the right or left. Tenants always enter from their back doors. Rent includes half of the garage for each tenant. New white vinyl windows installed in 2016. New kitchen cabinets and flooring installed 2018. Tenants love the easy access to the Maryland line without the congestion of downtown Hanover. Lease for the right side is up at the end of July, so could be perfect timing for an owner-occupant. Professional management currently in place.

Last Agent to Sell the Property

Jeff Wright

(717) 797-4289 jeff@foundationfirstpg.com Foundation First Property Group License #RM423638 Listed on: 05/04/2021

Last Buyer's Agent

Jeffrey Stough

jeffstough10@gmail.com Jaguar Commercial Real Estate License #RM425340

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,555

Year Built

  • Built in 1933

Lot Details

  • 1 Acre Lot
  • Property is in very good condition

Parking

  • 2 Car Detached Garage
  • 6 Driveway Spaces
  • Front Facing Garage

Home Design

  • Duplex
  • Cape Cod Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,464 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Schools

  • West Manheim Elementary School
  • Emory H Markle Middle School
  • South Western High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Radiator
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • The owner pays for insurance, management, real estate taxes
  • Tax Lot 0109
  • Assessor Parcel Number 52-000-BD-0109-00-00000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,555

Year Built

Built in 1933

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: All tenant personal property
  • Inclusions: 2 Stoves and 2 Fridges
  • New Construction: No
  • Year Built: 1933
  • Automatically Close On Close Date: No
  • Remarks Public: Solid brick 2-unit on an acre of land. Both units currently renting for $925/mo each. Tenants pay for all utilities and are responsible for lawn mowing and snow removal. Units are side-by-side. Front door leads into a small foyer with doors to the right or left. Tenants always enter from their back doors. Rent includes half of the garage for each tenant. New white vinyl windows installed in 2016. New kitchen cabinets and flooring installed 2018. Tenants love the easy access to the Maryland line without the congestion of downtown Hanover. Lease for the right side is up at the end of July, so could be perfect timing for an owner-occupant. Professional management currently in place.
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2464
  • Living Area Sq Ft: 2464
  • Price Per Sq Ft: 85.23
  • Above Grade Finished Sq Ft: 2464
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2175

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Brick
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: SOUTH WESTERN
  • Elementary School: WEST MANHEIM
  • Middle School: EMORY H MARKLE
  • High School: SOUTH WESTERN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396711
  • School District Source: 3rd Party
  • Elementary School: WEST MANHEIM
  • High School: SOUTH WESTERN
  • Middle Or Junior School: EMORY H MARKLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 1.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Property Condition: Very Good, Good
  • Year Assessed: 2021
  • Zoning: COMMERCIAL/INDUSTRIAL

Rental Info

  • Existing Lease Type: Modified Gross
  • Owner Pays: Insurance, Management, Taxes - Real Estate
  • Total Actual Rent: 18500.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10889960
  • School Tax: 3003.00
  • Tax Annual Amount: 4555.00
  • Assessor Parcel Number: 52-000-BD-0109-00-00000
  • Tax Lot: 0109
  • Tax Total Finished Sq Ft: 2464
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/30/2021

MLS Schools

  • School District Name: SOUTH WESTERN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
Jun 23, 2021
Sold by
Luber Properites Llc
Bought by
Goldsboro Llc
Seller's Agent
Jeff Wright
Foundation First Property Group
Buyer's Agent
Jeffrey Stough
Jaguar Commercial Real Estate
List Price
$210,000
Sold Price
$200,000
Premium/Discount to List
-$10,000
-4.76%
Current Estimated Value
$293,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,246
Avg. Annual Appreciation
9.38%

Purchase Details

Closed on
Jun 20, 2016
Sold by
Luber Gary A and Luber Dreama L
Bought by
Luber Properties Llc

Purchase Details

Closed on
Feb 27, 2004
Sold by
Kehr Merriel J
Bought by
Luber Gary A and Luber Dreama L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,050
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1981
Bought by
Kehr Merriel J
Source: Public Records

Range of Values:

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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
Goldsboro Llc $200,000 None Available
Luber Properties Llc -- None Available
Luber Gary A $97,850 --
Kehr Merriel J $43,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luber Gary A $88,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2021 06/30/21 Sold $200,000 -4.8% $81 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
05/29/2021 05/29/21 For Sale $210,000 0.0% $85 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $210,000 -- $85 / 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 $4,936 $147,790 $24,590 $123,200
2024 $4,936 $147,790 $24,590 $123,200
2023 $4,848 $147,790 $24,590 $123,200
2022 $4,772 $147,790 $24,590 $123,200
2021 $4,555 $147,790 $24,590 $123,200
2020 $4,555 $147,790 $24,590 $123,200
2019 $4,468 $147,790 $24,590 $123,200
2018 $4,394 $147,790 $24,590 $123,200
2017 $4,308 $147,790 $24,590 $123,200
2016 $0 $147,790 $24,590 $123,200
2015 -- $147,790 $24,590 $123,200
2014 -- $147,790 $24,590 $123,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAYK157676

Bright MLS

APN: 52-000-BD-0109.00-00000