NOT LISTED FOR SALE

243 E Main St Mechanicsburg, PA 17055

Estimated Value: $317,140

-- Bed
7 Baths
7,640 Sq Ft
$42/Sq Ft Est. Value

Last Sold July 17, 2013

Last sale price $290,000 $38 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,369/month

102 Days on Market

Highlights

  • No HOA
  • Mechanicsburg Area Senior High School Rated A-
  • Baseboard Heating

About This Home

As of July 2013

All tenants pay heat&electric. Impvmts; Partial new roofing (rubber, metal recoated & frt1st fl) all new electric circuit breaker boxes/wiring, new gas furnace apt 2, 3 new HWH, refin hrdwd flrs, CA in Cafe, new sidewalks w/ ADA ramps, Restaurant Business available for purchase. 3 2nd floor residential apts, 3 1st fl commercial units, 20 parking spaces. Restaurant is vacant.

Last Agent to Sell the Property

Mark Walker

M C Walker Realty License #RB028247A Listed on: 01/14/2013

Last Buyer's Agent

Mark Walker

M C Walker Realty License #RB028247A Listed on: 01/14/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,332

Year Built

  • Built in 1900

Lot Details

  • 0.28 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • 7,640 Sq Ft Home
  • Rubber Roof
  • Metal Roof

Kitchen

  • Gas Oven or Range
  • Stove

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • Baseboard Heating
  • 100 Amp Service

Listing and Financial Details

  • Tenant pays for cooking fuel, electricity, heat, hot water, gas, cable TV
  • The owner pays for real estate taxes
  • Assessor Parcel Number 18230565126

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Insurance Expense $1,500
  • Trash Expense $900
  • Operating Expense $1,092
  • Net Operating Income $38,688

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,332

Year Built

Built in 1900

Lot Details

0

Listing Details

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

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator, Oven - Single, Stove
  • Fireplace: No
  • Laundry Type: Dryer In Unit, Washer In Unit, Hookup
  • Total Sq Ft: 7640
  • Living Area Sq Ft: 7640
  • Price Per Sq Ft: 39.25
  • Above Grade Finished Sq Ft: 7640
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: No
  • Roof: Metal, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Baseboard
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 2360.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MECHANICSBURG AREA
  • School District Key: 300200396842

Lot Info

  • Lot Size Acres: 0.28
  • Zoning Description: Commercial

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: Taxes - Real Estate
  • Tenant Pays: Cooking Fuel, Electricity, Heat, Hot Water, Gas, Cable Tv
  • Vacation Rental: No

Multi Family

  • Gross Income: 48780.00
  • Metering: Fully Separate
  • Operating Expense: 1092.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

Tax Info

  • Assessor Parcel Number: 11092841
  • Tax Annual Amount: 5332.00
  • Assessor Parcel Number: 18230565126
  • Tax Year: 2012
  • Close Date: 07/17/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2021
Sold by
Walker Mark C and Walker Loretta T
Bought by
Walker Michael L and Walker Kelly L
Current Estimated Value
$317,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$314,057
Interest Rate
2.8%
Mortgage Type
Seller Take Back
Estimated Equity
$4,247

Purchase Details

Closed on
Dec 30, 2019
Sold by
Milesco Investment Company Inc
Bought by
Walker Mark C and Walker Loretta T

Purchase Details

Listed on
Jan 14, 2013
Closed on
Jul 16, 2013
Sold by
Walker Mark C
Bought by
Milesco Investment Co Inc
Seller's Agent
Mark Walker
M C Walker Realty
Buyer's Agent
Mark Walker
M C Walker Realty
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.78%
Original Mortgage
$200,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 17, 2009
Sold by
Mtglq Investors
Bought by
Walker Mark C
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Walker Michael L -- None Available
Walker Mark C $216,000 None Available
Milesco Investment Co Inc $290,000 --
Walker Mark C $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Michael L $340,000
Previous Owner Milesco Investment Co Inc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2013 07/17/13 Sold $290,000 -3.3% $38 / Sq Ft
04/26/2013 04/26/13 Pending -- -- --
01/14/2013 01/14/13 For Sale $299,900 -- $39 / 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 $7,409 $315,000 $60,500 $254,500
2024 $7,157 $315,000 $60,500 $254,500
2023 $5,671 $315,000 $60,500 $254,500
2022 $6,649 $315,000 $60,500 $254,500
2021 $6,409 $315,000 $60,500 $254,500
2020 $6,275 $315,000 $60,500 $254,500
2019 $6,162 $315,000 $60,500 $254,500
2018 $6,063 $315,000 $60,500 $254,500
2017 $5,825 $315,000 $60,500 $254,500
2016 -- $315,000 $60,500 $254,500
2015 -- $315,000 $60,500 $254,500
2014 -- $315,000 $60,500 $254,500
Source: Public Records

Agents Affiliated with this Home

  • Mark Walker

    Seller's Agent in 2013

    Mark Walker

    M C Walker Realty

    (717) 439-6145

    8 in this area

    26 Total Sales

    Mark Walker
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Map

Source: Bright MLS

MLS Number: 1002736001

Bright MLS

APN: 18-23-0565-126

Pennsylvania Cumberland County Mechanicsburg 17055

243 E Main St, Mechanicsburg, PA

This home is located at 243 E Main St, Mechanicsburg, PA 17055 since 14 January 2013 and is currently estimated at $317,140, approximately $41 per square foot. This property was built in 1900. 243 E Main St is a home located in Cumberland County with nearby schools including Mechanicsburg Middle School, Mechanicsburg Area Senior High School, and West Shore Christian Academy.

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