NOT LISTED FOR SALE

227 E Cherry St Palmyra, PA 17078

Palmyra Area

Estimated Value: $302,000 - $342,204

Studio
2 Baths
2,400 Sq Ft
$133/Sq Ft Est. Value

Sale Details

Date Sold: February 15, 2022

Last sale price $218,000 $91 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,180 / mo

13 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • Hot Water Heating System
  • Palmyra Area Senior High School Rated A-
  • Downtown Location
  • 2-minute walk to Heritage Park

About This Home

As of February 2022

Solid Turnkey Investment in the Attractive, Stable Palmyra Community! This 2-unit Property has Solid, Well-tenured Tenants and is All Ready for you! The Current Owner has updated and maintained the Property well. Don't miss this Investment Opportunity!

Last Agent to Sell the Property

Dale E. Stipe

(717) 761-4800 cpacamphilladmins@coldwellbankermoves.com Coldwell Banker Realty Listed on: 12/27/2021

Coldwell Banker Realty

Co-Listed By

MICHAEL STIPE

(717) 761-4800 cpacamphilladmins@coldwellbankermoves.com Coldwell Banker Realty

Last Buyer's Agent

Rob Dalton

(717) 569-2222 sales@rmxpinnacle.com RE/MAX Pinnacle License #RS194149L

RE/MAX Pinnacle

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,045

Year Built

  • Built in 1912

Lot Details

  • 9,583 Sq Ft Lot
  • Downtown Location
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,400 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Schools

  • Palmyra Area High School

Utilities

  • Heating System Uses Oil
  • Hot Water Heating System
  • 200+ Amp Service
  • Electric Water Heater

Additional Features

  • Doors are 32 inches wide or more
  • Exterior Lighting

Community Details

  • 2 Units
  • Palmyra Borough Subdivision

Listing and Financial Details

  • Assessor Parcel Number 16-2291498-357335-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,045

Year Built

Built in 1912

Lot Details

9,583 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Refrigerators
  • New Construction: No
  • Year Built: 1912
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 2400
  • Price Per Sq Ft: 87.46
  • Above Grade Finished Sq Ft: 2400
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Exterior Lighting, Sidewalks
  • Roof: Composite
  • 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 - Rear Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: PALMYRA AREA

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 149300.00
  • Land Assessed Value: 26500.00
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.00
  • Property Condition: Good
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10320167
  • School Tax: 2860.00
  • Tax Annual Amount: 4045.00
  • Assessor Parcel Number: 16-2291498-357335-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: PALMYRA AREA

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Palmyra, PA

  • Joe Heller Real Estate Agent - Realty ONE Group Unlimited

    Joe Heller

    Realty ONE Group Unlimited

    (717) 844-6869

    81 Total Sales

    1 in Palmyra

    $310,000 Price

    Joe Heller
     Section Image
  • Adrian Young Real Estate Agent - Keller Williams Keystone Realty

    Adrian Young

    Responds Quickly

    Keller Williams Keystone Realty

    (223) 217-8660

    236 Total Sales

    1 in Palmyra

    $475,000 Price

    Adrian Young
     Section Image
  • Amy Sullivan Real Estate Agent - Berkshire Hathaway HomeServices Homesale Realty

    Amy Sullivan

    Berkshire Hathaway HomeServices Homesale Realty

    (717) 910-6816

    96 Total Sales

    9 in Palmyra

    $110K - $435K Price Range

    Amy Sullivan
     Section Image
  • Amalia Marshall Real Estate Agent - Iron Valley Real Estate of Central PA

    Amalia Marshall

    Iron Valley Real Estate of Central PA

    (717) 912-9447

    119 Total Sales

    2 in Palmyra

    $131K - $244K Price Range

    Amalia Marshall
     Section Image
  • Rachel Stoltzfus Real Estate Agent - Iron Valley Real Estate of Lancaster

    Rachel Stoltzfus

    Iron Valley Real Estate of Lancaster

    (223) 217-4726

    158 Total Sales

    1 in Palmyra

    $312,000 Price

    Rachel Stoltzfus
     Section Image
  • Paul Rabon Real Estate Agent - For Sale By Owner Plus, REALTORS - Hershey

    Paul Rabon

    For Sale By Owner Plus, REALTORS - Hershey

    (717) 915-5271

    101 Total Sales

    3 in Palmyra

    $145K - $228K Price Range

    Paul Rabon
     Section Image
See All Agents

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/15/2022 02/15/22 Sold $218,000 +3.9% $91 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
12/27/2021 12/27/21 For Sale $209,900 -- $87 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,089 $175,800 $26,500 $149,300
2025 $5,024 $175,800 $26,500 $149,300
2024 $4,438 $175,800 $26,500 $149,300
2023 $4,438 $175,800 $26,500 $149,300
2022 $4,234 $175,800 $26,500 $149,300
2021 $3,935 $175,800 $26,500 $149,300
2020 $3,886 $175,800 $26,500 $149,300
2019 $3,802 $175,800 $26,500 $149,300
2018 $3,682 $175,800 $26,500 $149,300
2017 $1,090 $175,800 $26,500 $149,300
2016 $3,457 $175,800 $26,500 $149,300
2015 -- $175,800 $26,500 $149,300
2014 -- $175,800 $26,500 $149,300
Source: Public Records

Agents Affiliated with this Home

  • Dale E. Stipe Real Estate Agent - Coldwell Banker Realty

    Seller's Agent in 2022

    Dale E. Stipe

    Coldwell Banker Realty

    (717) 608-0034

    147 Total Sales

    Dale E. Stipe
    Section Image
  • MICHAEL STIPE Real Estate Agent - Coldwell Banker Realty

    Seller Co-Listing Agent in 2022

    MICHAEL STIPE

    Coldwell Banker Realty

    (717) 395-1905

    116 Total Sales

    MICHAEL STIPE
    Section Image
  • Rob Dalton Real Estate Agent - RE/MAX

    Buyer's Agent in 2022

    Rob Dalton

    RE/MAX

    (717) 951-0293

    69 Total Sales

    Rob Dalton
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PALN2002874

Bright MLS

APN: 16-2291498-357335-0000

Pennsylvania Lebanon County Palmyra 17078

227 E Cherry St, Palmyra, PA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2026 Bright MLS, Inc.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.