NOT LISTED FOR SALE

220 S Main St Manheim, PA 17545

Estimated Value: $347,000 - $489,000

-- Bed
4 Baths
4,068 Sq Ft
$101/Sq Ft Est. Value

Last Sold July 31, 2017

Last sale price $237,500 $58 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,713/month

46 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heat Pump System

About This Home

As of July 2017

NOT your typical 3 Unit Investment Property. PERFECT for an owner occupant and ''turn key'' for the low maintenance investor. Very Large Luxury Apt's w numerous upgrades and loads of amenities including Jacuzzi tubs, fireplace(s), composite deck, exposed beams, cherry/oak cabinets, exposed brick walls, hardwood/tile floors, double bowl vanities, recessed lighting, Vinyl fencing, parking lot, laundry rooms, & much more... Newer dimensional/rubber roofs, replacement windows w capped jambs etc, vinyl siding/sofit/spouting, insulation, drywall, trim, plumbing services & pipes, electrical services & wiring, new bilco door, water heaters, heat pumps w central air, upgraded front porch/foyer, ceiling fans, new landscaping w LED lighting, & appliances.

Last Agent to Sell the Property

James Martzall

Keller Williams Elite Listed on: 05/05/2017

Last Buyer's Agent

Kathy Paxton

Realty ONE Group Unlimited

Realty ONE Group Unlimited

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,321

Year Built

  • Built in 1800

Lot Details

  • 0.25

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Attic

  • Storage In Attic

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Sump Pump

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Parking

  • 8 Parking Spaces
  • Off-Street Parking

Schools

  • Manheim Central Middle School
  • Manheim Central High School

Utilities

  • Central Air
  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Washer and Dryer Hookup
  • 0.25 Acre Lot

Listing and Financial Details

  • Tenant pays for heat, hot water, sewer, electricity, water
  • Assessor Parcel Number 4003641800000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Income includes apartment rentals
  • Electric Expense $220
  • Insurance Expense $4,100
  • Other Expense $400
  • Trash Expense $325
  • Operating Expense $5,045
  • Net Operating Income $19,574

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,321

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Other Expense: 400.00
  • Storage: Attic, Basement
  • Year Built: 1800
  • Remarks Public: NOT your typical 3 Unit Investment Property. PERFECT for an owner occupant and ''turn key'' for the low maintenance investor. Very Large Luxury Apt's w numerous upgrades and loads of amenities including Jacuzzi tubs, fireplace(s), composite deck, exposed beams, cherry/oak cabinets, exposed brick walls, hardwood/tile floors, double bowl vanities, recessed lighting, Vinyl fencing, parking lot, laundry rooms, & much more... Newer dimensional/rubber roofs, replacement windows w capped jambs etc, vinyl siding/sofit/spouting, insulation, drywall, trim, plumbing services & pipes, electrical services & wiring, new bilco door, water heaters, heat pumps w central air, upgraded front porch/foyer, ceiling fans, new landscaping w LED lighting, & appliances.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Outside Entrance, Partial, Sump Pump
  • Street Number Modifier: 220

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Exterior Features: Fire Escape
  • Roof: Composite, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Spaces Total: 8.00
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Expense: 220.00
  • Electric Service: 200+ Amp Service
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MANHEIM CENTRAL
  • Middle School: MANHEIM CENTRAL
  • High School: MANHEIM CENTRAL
  • School District Key: 300200397379
  • High School: MANHEIM CENTRAL
  • Middle Or Junior School: MANHEIM CENTRAL

Lot Info

  • Land Use Code: I-220
  • Lot Size Acres: 0.25
  • Zoning: R-4
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 4100634
  • School Tax: 3456.87
  • Tax Annual Amount: 5321.16
  • Assessor Parcel Number: 4003641800000
  • County Tax Payment Frequency: Annually
  • Close Date: 07/31/2017

Multi Family

  • Gross Income: 29940.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 5045.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: MANHEIM CENTRAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2017
Closed on
Jul 31, 2017
Sold by
Mccarty Brian L and Mccarty Audrey J
Bought by
Stoltzfus Levi K and Stoltzfus Rebecca L
Seller's Agent
James Martzall
Keller Williams Elite
Buyer's Agent
Kathy Paxton
Realty ONE Group Unlimited
List Price
$249,900
Sold Price
$237,500
Premium/Discount to List
-$12,400
-4.96%
Current Estimated Value
$410,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,580
Avg. Annual Appreciation
6.97%
Original Mortgage
$190,000
Outstanding Balance
$44,152
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$365,928

Purchase Details

Listed on
Sep 23, 2015
Closed on
Jan 15, 2016
Sold by
Beiler Abner K and Beiler Isaac K
Bought by
Mccarty Brian L and Mccarty Audrey J
Seller's Agent
David Yoder
Realty ONE Group Unlimited
List Price
$239,900
Sold Price
$220,000
Premium/Discount to List
-$19,900
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Original Mortgage
$150,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2012
Sold by
Beiler Issac K
Bought by
Beiler Issac K and Beiler Suzanne K

Purchase Details

Closed on
Dec 15, 2006
Sold by
Manheim Rentals Llc
Bought by
Stoltzfus Elam L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2001
Sold by
Myer Clair P and Myer Marlene F
Bought by
Manheim Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
7.09%
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
Stoltzfus Levi K $237,500 None Available
Mccarty Brian L $220,000 None Available
Beiler Issac K -- None Available
Stoltzfus Elam L $240,000 None Available
Manheim Rentals Llc $153,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stoltzfus Levi K $190,000
Previous Owner Mccarty Brian L $150,000
Previous Owner Beiler Abner K $37,000
Previous Owner Beiler Isaac K $87,000
Previous Owner Beiler Abner K $37,500
Previous Owner Beiler Abner K $15,300
Previous Owner Beiler Abner K $175,400
Previous Owner Stoltzfus Elam L $192,000
Previous Owner Stoltzfus Elam L $23,000
Previous Owner Manheim Rentals Llc $50,000
Previous Owner Manheim Rentals Llc $1,140,000
Previous Owner Manheim Rentals Llc $75,000
Previous Owner Manheim Rentals Llc $137,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2017 07/31/17 Sold $237,500 -5.0% $58 / Sq Ft
06/20/2017 06/20/17 Pending -- -- --
05/05/2017 05/05/17 For Sale $249,900 +13.6% $61 / Sq Ft
01/15/2016 01/15/16 Sold $220,000 -8.3% $54 / Sq Ft
10/02/2015 10/02/15 Pending -- -- --
09/23/2015 09/23/15 For Sale $239,900 -- $59 / 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 $5,942 $246,600 $36,500 $210,100
2024 $5,942 $246,600 $36,500 $210,100
2023 $5,836 $246,600 $36,500 $210,100
2022 $5,648 $246,600 $36,500 $210,100
2021 $5,478 $246,600 $36,500 $210,100
2020 $5,478 $246,600 $36,500 $210,100
2019 $5,396 $246,600 $36,500 $210,100
2018 $3,534 $246,600 $36,500 $210,100
2016 $5,166 $194,500 $30,900 $163,600
2015 $1,709 $194,500 $30,900 $163,600
2014 $3,342 $194,500 $30,900 $163,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002740949

Bright MLS

APN: 400-36418-0-0000