NOT LISTED FOR SALE

251 S Charlotte St Manheim, PA 17545

Estimated Value: $260,000 - $280,000

-- Bed
3 Baths
1,924 Sq Ft
$142/Sq Ft Est. Value

Last Sold November 17, 2020

Last sale price $184,900 $96 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,706/month

Highlights

  • Traditional Architecture
  • 1 Car Detached Garage
  • Hot Water Baseboard Heater
  • No HOA
  • Electric Baseboard Heater

About This Home

As of November 2020

Nice investment property with 1 side (251) recently remodeled. It is currently vacant due to the remodel. Estimated rent is $850 . The other side has a long term tenant, current rent is $570 Tenant pays all utilities, water, sewer, trash, electric and heat. There is a detached garage that is currently in use by Owner. Rent for approx $100 per month ( alley access confirm with boro) or used by one of the tenants for additional charge. On and off street parking. Separate attached storage area for lawn equipment etc . on 251 side and shed on 253 side. 2012 full remodel of 251. Including insulation, drywall, wiring, plumbing, paint and carpets, windows, doors, thermostats, and all mechanicals, including heat and water heater. This included the full bathroom remodel on the 2nd floor, adding the oversized tub shower, tall vanity, and tall toilets with slow closing lids. Full bath on the 1st floor, with shower and washer/dryer. Basement floor cemented. Installed new granite counter tops in kitchen and 2nd floor bathroom vanity. Both 251 and 253 have new 200 amp electrical panels and new electric hot water heaters. -2020 exterior of house painted, new tile backsplash installed in kitchen, and fresh paint in Kitchen and mud room. Income projected unit 1 $850 unit 2 $570 (actual long term tenant) garage $100 Total $1,520 monthly or $18,240 yearly Expenses Taxes $3,086 Insurance $600 Boro rental fee $110 Total $3,796 Net Income $14,444 7.8% CAP rate

Last Agent to Sell the Property

Andrea Spigelmeyer

(717) 343-1745 andreaspigelmeyer@gmail.com Coldwell Banker Realty License #RS174438L Listed on: 10/01/2020

Coldwell Banker Realty

Last Buyer's Agent

Renee Mitchell-Treier

(717) 917-1515 reneetreier@gmail.com Realty ONE Group Unlimited License #RS329351

Realty ONE Group Unlimited

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,086

Year Built

  • Built in 1910 | Remodeled in 2020

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Rear-Facing Garage
  • Unpaved Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,924 Sq Ft Home
  • Partial Basement

Schools

  • Manheim Central Middle School
  • Manheim Central High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 400-32947-0-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,086

Year Built

Built in 1910 | Remodeled in 2020

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1910
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1924
  • Living Area Sq Ft: 1924
  • Price Per Sq Ft: 96.10
  • Above Grade Finished Sq Ft: 1924
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Unpaved, Private
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Electric, Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: MANHEIM CENTRAL
  • Middle Or Junior School: MANHEIM CENTRAL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 109400.00
  • Land Assessed Value: 28000.00
  • Lot Size Acres: 0.09
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3920.00
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Long Term, Month To Month
  • Number Of Units Month To Month: 1
  • Rent Control: No
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4100571
  • School Tax: 2014.00
  • Tax Annual Amount: 3086.00
  • Assessor Parcel Number: 400-32947-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: MANHEIM CENTRAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Nov 16, 2020
Sold by
Young Nicholas J
Bought by
Bode Jeffery Hal
Seller's Agent
Andrea Spigelmeyer
Coldwell Banker Realty
Buyer's Agent
Renee Mitchell-Treier
Realty ONE Group Unlimited
List Price
$184,900
Sold Price
$184,900
Current Estimated Value
$273,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,188
Avg. Annual Appreciation
8.20%
Original Mortgage
$138,675
Outstanding Balance
$123,401
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$149,687

Purchase Details

Closed on
Sep 25, 2009
Sold by
Faye H Kreiner Revocable Living Trust
Bought by
Young Nicholas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,662
Interest Rate
5.31%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Bode Jeffery Hal $184,900 None Available
Young Nicholas J $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bode Jeffery Hal $138,675
Previous Owner Young Nicholas J $96,662
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2020 11/17/20 Sold $184,900 0.0% $96 / Sq Ft
10/04/2020 10/04/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $184,900 -- $96 / 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 $3,311 $137,400 $28,000 $109,400
2024 $3,311 $137,400 $28,000 $109,400
2023 $3,252 $137,400 $28,000 $109,400
2022 $3,147 $137,400 $28,000 $109,400
2021 $3,052 $137,400 $28,000 $109,400
2020 $3,052 $137,400 $28,000 $109,400
2019 $3,007 $137,400 $28,000 $109,400
2018 $1,853 $137,400 $28,000 $109,400
2017 $2,747 $100,400 $28,600 $71,800
2016 $2,666 $100,400 $28,600 $71,800
2015 $882 $100,400 $28,600 $71,800
2014 $1,604 $100,400 $28,600 $71,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA170974

Bright MLS

APN: 400-32947-0-0000