NOT LISTED FOR SALE

268 E Queen St Chambersburg, PA 17201

Estimated Value: $213,085

Studio
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Last Sold December 15, 2017

Last sale price $127,500

Est. 67% increase in value since last sale

Current estimated payment $1,322/month

96 Days on Market

Highlights

  • Window Unit Cooling System
  • Brick Front
  • Property is in very good condition
  • Shed
  • Hot Water Heating System
  • 3-minute walk to Chambersburg Recreation Department

About This Home

As of December 2017

REDUCED MOTIVATED SELLER - Wonderful 4 unit right across from the old high school being renovated, what a great location to own. Price to sell & well below market rent, plenty of upside for this money maker. some updates in units, long term tenants, utilities separate, modern electric, modern gas furnaces separate. Owner expenses and taxes are low, a great building for any investor. MAKE OFFERS

Last Agent to Sell the Property

Don Moats

(717) 597-9100 info@hurleyauctions.com Hurley Real Estate & Auctions Listed on: 07/18/2017

Last Buyer's Agent

Don Moats

(717) 597-9100 info@hurleyauctions.com Hurley Real Estate & Auctions Listed on: 07/18/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,767

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Asphalt Roof
  • Brick Front

Parking

  • Garage
  • Front Facing Garage
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater

Additional Features

  • Stove
  • Basement Fills Entire Space Under The House
  • Shed

Listing and Financial Details

  • The owner pays for insurance, real estate taxes, all utilities
  • Assessor Parcel Number 3-1E02-43

Community Details

Overview

  • Property has a Home Owners Association
  • 4 Units
  • Chambersburg Borough Subdivision

Building Details

  • Income includes apartment rentals
  • Operating Expense $2,300
  • Net Operating Income $18,820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,767

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Stove
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full

Exterior Features

  • Other Structures: Shed
  • Other Structures List: Shed
  • Construction Materials: Combination, Brick, Brick Front
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Garage Features: Garage - Front Entry
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 10730.00
  • Land Assessed Value: 850.00
  • Lot Size Acres: 0.07
  • Lot Size Area: 3049
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: CC
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: Insurance, Taxes - Real Estate, All Utilities
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10710031
  • Tax Annual Amount: 1766.83
  • Assessor Parcel Number: 3-1E02-43
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

Multi Family

  • Gross Income: 21120.00
  • Income Includes: Apartment Rentals
  • Metering: Electric Separate, Gas Separate
  • Operating Expense: 2300.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2017
Closed on
Dec 15, 2017
Sold by
Caffarelli Lynn M
Bought by
Bc Managemnt Llc
Seller's Agent
Don Moats
Hurley Real Estate & Auctions
Buyer's Agent
Don Moats
Hurley Real Estate & Auctions
List Price
$169,900
Sold Price
$127,500
Premium/Discount to List
-$42,400
-24.96%
Current Estimated Value
$213,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,585
Avg. Annual Appreciation
6.53%
Original Mortgage
$102,000
Outstanding Balance
$85,897
Interest Rate
3.95%
Mortgage Type
Commercial
Estimated Equity
$127,188
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
Bc Managemnt Llc $127,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bc Managemnt Llc $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2017 12/15/17 Sold $127,500 -5.5% --
10/22/2017 10/22/17 Pending -- -- --
10/14/2017 10/14/17 Price Changed $134,900 -3.6% --
09/29/2017 09/29/17 Price Changed $139,900 -3.5% --
09/01/2017 09/01/17 Price Changed $145,000 -6.4% --
08/18/2017 08/18/17 Price Changed $154,900 -3.1% --
08/09/2017 08/09/17 Price Changed $159,900 -5.9% --
07/18/2017 07/18/17 For Sale $169,900 -- --
Source: Bright MLS

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 $2,297 $11,580 $850 $10,730
2024 $2,204 $11,580 $850 $10,730
2023 $2,147 $11,580 $850 $10,730
2022 $2,088 $11,580 $850 $10,730
2021 $2,077 $11,580 $850 $10,730
2020 $2,031 $11,580 $850 $10,730
2019 $1,972 $11,580 $850 $10,730
2018 $1,912 $11,580 $850 $10,730
2017 $1,801 $11,580 $850 $10,730
2016 $332 $11,580 $850 $10,730
2015 $309 $11,580 $850 $10,730
2014 $309 $11,580 $850 $10,730
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Don Moats

    Hurley Real Estate & Auctions

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Map

Source: Bright MLS

MLS Number: 1000145371

Bright MLS

APN: 03-1E02-043-000000

Pennsylvania Franklin County Chambersburg 17201

268 E Queen St, Chambersburg, PA

Not Listed for Sale

MultiFamily

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