NOT LISTED FOR SALE

Estimated Value: $51,000 - $98,000

2 Beds
1 Bath
634 Sq Ft
$104/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $35,000 $55 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $493/month

19 Days on Market

Highlights

  • Cape Cod Architecture
  • Formal Dining Room
  • Living Room
  • No HOA
  • Patio
  • 3-minute walk to Penn Park

About This Home

As of September 2021

Now is the time to jump on this super cute investment property! Mostly maintenance free exterior! Public water, public sewer. Most investors know that any investment property that generates a 10% cap rate or better is just a “buy it!” opportunity. This property generates an 11.21% cap rate. This home was just rented in May of 2021 & the lease expires 5/31/22. The rent is $600/mo & the security deposit held by Target Investments is $600. For an investor it’s as easy as can be! This home has an updated kitchen, an update full bath & the refrigerator & the stove are included in the sale. Tenants pay all utilities. The roof is asphalt shingle & the furnace is a gas boiler. The water heater is a 30 gallon water heater. Don’t miss out on this great opportunity. Insurance cost $148/yr. Maintenance $750/yr. Vacancy Factor 5% = $360/yr. Codes inspection $195/yr. Taxes = $1,609/year. Total income $4,138, Total expenses $3,062. Total cap rate of 11.21%.

Last Agent to Sell the Property

Drew Smith

Berkshire Hathaway HomeServices Homesale Realty Listed on: 08/27/2021

Co-Listed By

Rick Smith

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Elmer Miller

Iron Valley Real Estate of York County License #RS342117

Iron Valley Real Estate of York County

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 1,042 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Asphalt Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 634 Sq Ft Home
  • Property has 1.5 Levels
  • Insulated Windows
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Storm Doors
  • Oven
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • William Penn High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Ramp on the main level
  • Patio

Community Details

  • No Home Owners Association
  • Ward 08 Subdivision

Listing and Financial Details

  • Tax Lot 0029
  • Assessor Parcel Number 08-141-03-0029-00-00000

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Accessibility Features: Ramp - Main Level
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, Stove
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Now is the time to jump on this super cute investment property! Mostly maintenance free exterior! Public water, public sewer. Most investors know that any investment property that generates a 10% cap rate or better is just a “buy it!” opportunity. This property generates an 11.21% cap rate. This home was just rented in May of 2021 & the lease expires 5/31/22. The rent is $600/mo & the security deposit held by Target Investments is $600. For an investor it’s as easy as can be! This home has an updated kitchen, an update full bath & the refrigerator & the stove are included in the sale. Tenants pay all utilities. The roof is asphalt shingle & the furnace is a gas boiler. The water heater is a 30 gallon water heater. Don’t miss out on this great opportunity. Insurance cost $148/yr. Maintenance $750/yr. Vacancy Factor 5% = $360/yr. Codes inspection $195/yr. Taxes = $1,609/year. Total income $4,138, Total expenses $3,062. Total cap rate of 11.21%.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven - Single
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Formal/Separate Dining Room
  • Window Features: Insulated
  • Fireplace: No
  • Door Features: Storm
  • Levels Count: 1.5
  • Room List: Living Room, Kitchen, Laundry
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 634
  • Living Area Sq Ft: 634
  • Price Per Sq Ft: 58.20
  • Above Grade Finished Sq Ft: 634
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 24

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Roof: Shingle, Asphalt
  • 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: Natural Gas
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: YORK CITY
  • High School: WILLIAM PENN
  • School District Key: 300200397213
  • School District Source: Listing Agent
  • High School: WILLIAM PENN

Lot Info

  • Land Use Code: 101
  • Lot Features: Level
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1042.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 974.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1649.00
  • Assessor Parcel Number: 08-141-03-0029-00-00000
  • Tax Lot: 0029
  • Tax Total Finished Sq Ft: 634
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 09/30/2021

MLS Schools

  • School District Name: YORK CITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Oct 6, 2021
Sold by
Tay Andrew G
Bought by
Hope Only Corp
Seller's Agent
Drew Smith
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Elmer Miller
Iron Valley Real Estate of York County
List Price
$36,900
Sold Price
$35,000
Premium/Discount to List
-$1,900
-5.15%
Current Estimated Value
$65,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,620
Avg. Annual Appreciation
14.02%

Purchase Details

Listed on
Jan 31, 2012
Closed on
Feb 28, 2012
Sold by
Watson Shirley A
Bought by
Tay Andrew G
Seller's Agent
Richard Vangel
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Richard Vangel
Berkshire Hathaway HomeServices Homesale Realty
List Price
$19,000
Sold Price
$15,700
Premium/Discount to List
-$3,300
-17.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%

Purchase Details

Closed on
Jul 30, 1975
Bought by
Watson Shirley A
Source: Public Records

Range of Values:

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

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
Hope Only Corp $35,000 None Available
Tay Andrew G $15,700 None Available
Watson Shirley A $3,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $35,000 -5.1% $55 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $36,900 0.0% $58 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $36,900 +135.0% $58 / Sq Ft
02/28/2012 02/28/12 Sold $15,700 -17.4% $25 / Sq Ft
02/13/2012 02/13/12 Pending -- -- --
01/31/2012 01/31/12 For Sale $19,000 -- $30 / 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 $1,716 $27,160 $3,770 $23,390
2024 $1,686 $27,160 $3,770 $23,390
2023 $1,686 $27,160 $3,770 $23,390
2022 $1,676 $27,160 $3,770 $23,390
2021 $1,630 $27,160 $3,770 $23,390
2020 $1,592 $27,160 $3,770 $23,390
2019 $1,589 $27,160 $3,770 $23,390
2018 $1,589 $27,160 $3,770 $23,390
2017 $1,610 $27,160 $3,770 $23,390
2016 -- $27,160 $3,770 $23,390
2015 $1,592 $27,160 $3,770 $23,390
2014 $1,592 $27,160 $3,770 $23,390
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAYK2005300

Bright MLS

APN: 08-141-03-0029.00-00000