NOT LISTED FOR SALE

228 E Main St Mechanicsburg, PA 17055

Estimated Value: $300,426 - $383,000

-- Bed
3 Baths
3,314 Sq Ft
$99/Sq Ft Est. Value

Last Sold January 15, 2015

Last sale price $164,803 $50 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,060/month

26 Days on Market

Highlights

  • No HOA
  • Detached Garage
  • Outdoor Storage
  • Mechanicsburg Area Senior High School Rated A-
  • Porch
  • Central Air

About This Home

As of January 2015

Renovated & maintained 3 unit in the Borough of Mechanicsburg. Good condition, convenient location, separate meters so each unit pays its own utilities. Central air, level lot & 1 car detached garage. Projected rent for garage is $100/month. The bottom 2 floors are rented but the top floor left vacant for you to live in!

Last Agent to Sell the Property

MARCIA Bentz Veno

(717) 919-3214 marciabentzveno@howardhanna.com Howard Hanna Company-Paxtang Listed on: 10/30/2014

Howard Hanna Company-Paxtang

Last Buyer's Agent

DENISE FINDLEY

(717) 919-7307 denise.findley@cbhomes.com Coldwell Banker Realty License #RS291070

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,834

Year Built

  • Built in 1900

Lot Details

  • 3,049

Parking

  • Detached Garage

Home Design

  • Rubber Roof
  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 3,314 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Gas Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • 100 Amp Service
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for insurance
  • Assessor Parcel Number 17230565096

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Insurance Expense $1,100
  • Operating Expense $6,291
  • Net Operating Income $15,489

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,834

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator, Dishwasher, Dryer, Washer
  • Fireplace: No
  • Laundry Type: Dryer In Unit, Washer In Unit, Hookup
  • Total Sq Ft: 3314
  • Living Area Sq Ft: 3314
  • Price Per Sq Ft: 51.27
  • Above Grade Finished Sq Ft: 3314
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby, Fenced Storage/Yard
  • Exterior Features: Fire Escape, Secure Storage
  • Roof: Metal, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central A/C, Heat Pump(s)
  • Cooling: Yes
  • Electric Service: 100 Amp Service
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Sewer Expenses: 2357.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Outdoor Living Structures: Porch(es)
  • Property Attached Yn: Yes
  • Zoning Description: Apartment

Rental Info

  • Owner Pays: Insurance
  • Tenant Pays: Electricity
  • Vacation Rental: No

Multi Family

  • Gross Income: 21780.00
  • Metering: Fully Separate
  • Operating Expense: 6291.00
  • Other Units: Unit 1,Unit 2,Unit 3
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Assessor Parcel Number: 11095815
  • Tax Annual Amount: 2834.00
  • Assessor Parcel Number: 17230565096
  • Tax Year: 2013

MLS Schools

  • School District Name: MECHANICSBURG AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2014
Closed on
Jan 15, 2015
Sold by
Baldwin Timothy D
Bought by
Miller David B
Seller's Agent
MARCIA Bentz Veno
Howard Hanna Company-Paxtang
Buyer's Agent
DENISE FINDLEY
Coldwell Banker Realty
List Price
$169,900
Sold Price
$164,803
Premium/Discount to List
-$5,097
-3%
Current Estimated Value
$328,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,804
Avg. Annual Appreciation
6.54%
Original Mortgage
$152,116
Outstanding Balance
$116,126
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$212,481
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
Miller David B $164,803 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller David B $152,116
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2015 01/15/15 Sold $164,803 -3.0% $50 / Sq Ft
11/25/2014 11/25/14 Pending -- -- --
10/30/2014 10/30/14 For Sale $169,900 -- $51 / 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 $3,968 $168,700 $40,200 $128,500
2024 $3,833 $168,700 $40,200 $128,500
2023 $3,037 $168,700 $40,200 $128,500
2022 $3,561 $168,700 $40,200 $128,500
2021 $3,433 $168,700 $40,200 $128,500
2020 $3,361 $168,700 $40,200 $128,500
2019 $3,300 $168,700 $40,200 $128,500
2018 $3,247 $168,700 $40,200 $128,500
2017 $3,119 $168,700 $40,200 $128,500
2016 -- $168,700 $40,200 $128,500
2015 -- $168,700 $40,200 $128,500
2014 -- $168,700 $40,200 $128,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    MARCIA Bentz Veno

    Howard Hanna

    Section Image
  • DENISE FINDLEY

    Buyer's Agent in 2015

    DENISE FINDLEY

    Coldwell Banker Realty

    (717) 919-7307

    2 in this area

    33 Total Sales

    DENISE FINDLEY
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002742389

Bright MLS

APN: 17-23-0565-096

Pennsylvania Cumberland County Mechanicsburg 17055

228 E Main St, Mechanicsburg, PA

Not Listed for Sale

MultiFamily

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