NOT LISTED FOR SALE
Studio
-- Bath
6,292 Sq Ft
0.32 Acre Lot

Sale Details

Date Sold: March 16, 2018

Last sale price $562,000 $89 Per Sq Ft

75 Days on Market

About This Home

As of March 2018

10 unit apartment building. All units are currently rented and are 2 bedrooms. Includes 10 refrigerators and stoves. Off street parking. Tenant pays heat, electric, water & sewer. Owner pays trash, insurance, taxes. Great investment and income opportunity.

Last Agent to Sell the Property

Jennifer Chenault

(443) 632-3000 execuhome@execuhome.com ExecuHome Realty-Hanover License #RS305288 Listed on: 11/01/2017

Last Buyer's Agent

Jeff Wright

(717) 797-4289 office@foundationfirstpg.com Foundation First Property Group License #RM423638

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,887

Year Built

  • Built in 1958

Lot Details

  • 13,832 Sq Ft Lot

Home Design

  • 6,292 Sq Ft Home
  • Duplex
  • Shingle Roof
  • Asphalt Roof

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces
  • Paved Parking
  • Parking Lot

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for insurance, repairs, real estate taxes, pest control, trash collection
  • Assessor Parcel Number 16010-0213---000

Community Details

Overview

  • No Home Owners Association
  • 10 Units
  • 2-Story Building

Building Details

  • Income includes apartment rentals
  • Insurance Expense $2,160
  • Trash Expense $1,620
  • Operating Expense $13,373
  • Net Operating Income $59,827

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,887

Year Built

Built in 1958

Lot Details

0.32 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ownership: Fee Simple
  • Inclusions: 10 Refrigerators and 10 stoves
  • New Construction: No
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Basement: No
  • Total Sq Ft: 6292
  • Living Area Sq Ft: 6292
  • Price Per Sq Ft: 94.56
  • Above Grade Finished Sq Ft: 6292
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block
  • Construction Completed: No
  • Roof: Asphalt, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 12
  • Parking Features: Paved Parking
  • Parking Spaces Total: 12.00
  • Total Garage And Parking Spaces: 12
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Pest Control Expense: 600.00
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 340400.00
  • Land Assessed Value: 80100.00
  • Lot Size Acres: 0.32
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13832.00
  • Zoning: COMMERCIAL
  • Zoning Description: General Commercial District with Streetscape Enhancement Overlay
  • In City Limits: Yes

Rental Info

  • Owner Pays: Insurance, Repairs, Taxes - Real Estate, Pest Control, Trash Collection
  • Units Leased Count: 10
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11210579
  • School Tax: 4548.00
  • Tax Annual Amount: 7887.00
  • Assessor Parcel Number: 16010-0213---000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Gross Income: 73200.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 13373.00

MLS Schools

  • School District Name: GETTYSBURG AREA

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2017
Closed on
Mar 6, 2018
Sold by
Bought by
Seller's Agent
Jennifer Chenault
ExecuHome Realty-Hanover
Buyer's Agent
Jeff Wright
Foundation First Property Group
List Price
$595,000
Sold Price
$562,000
Premium/Discount to List
-$33,000
-5.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,300
Outstanding Balance
$360,822
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,000
Interest Rate
6.28%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Buyer Sale Price Title Company
$562,000 --
$500,000 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $431,300
Previous Owner $275,000
Previous Owner $100,000
Previous Owner $499,000
Source: Public Records

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
03/16/2018 03/16/18 Sold $562,000 -5.5% $89 / Sq Ft
01/15/2018 01/15/18 Pending -- -- --
11/01/2017 11/01/17 For Sale $595,000 -- $95 / 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 $9,207 $420,500 $80,100 $340,400
2025 $9,069 $420,500 $80,100 $340,400
2024 $8,568 $420,500 $80,100 $340,400
2023 $8,358 $420,500 $80,100 $340,400
2022 $8,293 $420,500 $80,100 $340,400
2021 $8,249 $420,500 $80,100 $340,400
2020 $8,006 $420,500 $80,100 $340,400
2019 $7,960 $420,500 $80,100 $340,400
2018 $7,963 $420,500 $80,100 $340,400
2017 $7,671 $420,500 $80,100 $340,400
2016 -- $420,500 $80,100 $340,400
2015 -- $420,500 $80,100 $340,400
2014 -- $420,500 $80,100 $340,400
Source: Public Records

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Map

Source: Bright MLS

MLS Number: 1000090982

Bright MLS
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