NOT LISTED FOR SALE

283 Marietta Ave Mount Joy, PA 17552

Estimated Value: $365,361 - $390,000

Studio
4 Baths
2,672 Sq Ft
$141/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $280,000 $105 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,471/month

6 Days on Market

Highlights

  • Traditional Architecture
  • Attic
  • 4 Car Detached Garage
  • Wood Flooring
  • 2 Fireplaces
  • 4-minute walk to R & J Memorial Park

About This Home

As of December 2021

Amazing investment opportunity! 2 units on 1 deed for sale. Live in one side and rent out the other plus 4 car garage for additional income potential. Both sides are currently leased to long-term, responsible tenants on month-to-month leases. All utilities are metered separately (W/S/T, Gas, Electric). Each spacious unit has 2 bedrooms plus 2 bonus rooms (privacy violations) that could be used as office/playroom/nursery/storage etc. Attic and Basement are both separated according to unit with private entrances. Most windows replaced, efficient gas furnaces (2015), newer water heaters (2018/2019), Metal roofs replaced 2021. Beautiful original woodwork, numerous built-ins, large covered front porch, back patio and mature shade trees in backyard.

Last Agent to Sell the Property

Lindsay Hershey

(717) 740-2221 contracts@ironvalleyrealestateoflancaster.com Iron Valley Real Estate of Lancaster License #RS318458 Listed on: 11/11/2021

Iron Valley Real Estate of Lancaster

Last Buyer's Agent

Barbara Brown

(717) 509-2880 info@rmevolved.com RE/MAX Evolved License #RS347345

RE/MAX Evolved

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,640

Year Built

  • Built in 1935

Lot Details

  • 8,276 Sq Ft Lot
  • Property is in good condition

Parking

  • 4 Car Detached Garage
  • 2 Off-Street Spaces
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Traditional Architecture
  • Side-by-Side
  • Dwelling with Rental
  • Block Foundation
  • Frame Construction
  • Slate Roof
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 2,672 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • 2 Fireplaces
  • Dining Area
  • Attic

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Patio
  • Porch

Schools

  • Donegal Elementary And Middle School
  • Donegal High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Knob And Tube Electrical Wiring
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for insurance, repairs, real estate taxes
  • Assessor Parcel Number 450-04565-0-0000

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $915
  • Maintenance Expense $200
  • Operating Expense $6,755
  • Net Operating Income $19,645

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,640

Year Built

Built in 1935

Lot Details

8,276 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Dwelling With Rental, Side-By-Side, Traditional
  • Ownership: Fee Simple
  • Inclusions: 2 Refrigerators
  • New Construction: No
  • Year Built: 1935
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Attic, Built-Ins, Carpet, Ceiling Fan(s), Dining Area, Wood Floors
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Full, Walkout Stairs, Outside Entrance
  • Total Sq Ft: 2672
  • Living Area Sq Ft: 2672
  • Price Per Sq Ft: 104.79
  • Above Grade Finished Sq Ft: 2672
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Metal Siding
  • Exterior Features: Sidewalks
  • Roof: Slate, Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry, Garage Door Opener
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage, Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Electric Service: 100 Amp Service, Fuses, Knob And Tube
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: DONEGAL
  • High School: DONEGAL
  • Middle Or Junior School: DONEGAL

Lot Info

  • Lot Size Acres: 0.19
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8276.00
  • Outdoor Living Structures: Porch(es), Patio(s)
  • Property Condition: Good
  • Zoning: MDR
  • Zoning Description: Medium Density Residential

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Owner Pays: Insurance, Repairs, Taxes - Real Estate
  • Total Actual Rent: 26400.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 4144.00
  • Tax Annual Amount: 5640.00
  • Assessor Parcel Number: 450-04565-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Gross Income: 26400.00
  • Operating Expense: 6755.00
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: DONEGAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Dec 3, 2021
Sold by
Albert Justin M
Bought by
Rgss Llc
Seller's Agent
Lindsay Hershey
Iron Valley Real Estate of Lancaster
Buyer's Agent
Barbara Brown
RE/MAX Evolved
List Price
$235,000
Sold Price
$280,000
Premium/Discount to List
$45,000
19.15%
Current Estimated Value
$377,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,840
Avg. Annual Appreciation
7.22%

Purchase Details

Listed on
Nov 5, 2014
Closed on
Jun 11, 2015
Sold by
James W Roberts Estate and Roberts William B
Bought by
Albert Justin M
Seller's Agent
Rick Hallgren
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Robert Heiserman
Donegal Real Estate
List Price
$169,900
Sold Price
$150,000
Premium/Discount to List
-$19,900
-11.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.11%
Original Mortgage
$120,000
Interest Rate
3.65%
Mortgage Type
New Conventional
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
Rgss Llc $280,000 None Available
Albert Justin M $150,000 Lt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Albert Justin M $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2021 12/03/21 Sold $280,000 0.0% $105 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/17/2021 11/17/21 Price Changed $280,000 +19.1% $105 / Sq Ft
11/11/2021 11/11/21 For Sale $235,000 +56.7% $88 / Sq Ft
06/11/2015 06/11/15 Sold $150,000 0.0% $56 / Sq Ft View Prior Sale
06/11/2015 06/11/15 Sold $150,000 -11.7% $56 / Sq Ft View Prior Sale
03/31/2015 03/31/15 Pending -- -- --
03/31/2015 03/31/15 Pending -- -- --
11/05/2014 11/05/14 For Sale $169,900 0.0% $64 / Sq Ft
09/19/2014 09/19/14 For Sale $169,900 -- $64 / Sq Ft
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 $5,808 $217,100 $43,000 $174,100
2024 $5,808 $217,100 $43,000 $174,100
2023 $5,729 $217,100 $43,000 $174,100
2022 $5,640 $217,100 $43,000 $174,100
2021 $5,490 $217,100 $43,000 $174,100
2020 $5,490 $217,100 $43,000 $174,100
2019 $5,391 $217,100 $43,000 $174,100
2018 $6,414 $217,100 $43,000 $174,100
2017 $4,374 $140,600 $30,200 $110,400
2016 $4,374 $140,600 $30,200 $110,400
2015 $1,215 $140,600 $30,200 $110,400
2014 $3,097 $140,600 $30,200 $110,400
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lindsay Hershey

    Iron Valley Real Estate of Lancaster

    (717) 725-0875

    4 in this area

    14 Total Sales

    Lindsay Hershey
    Section Image
  • Barbara Brown

    Buyer's Agent in 2021

    Barbara Brown

    RE/MAX

    (717) 723-8048

    2 in this area

    88 Total Sales

    Barbara Brown
    Section Image

  • R

    Seller's Agent in 2015

    Rick Hallgren

    Berkshire Hathaway HomeServices Homesale Realty

    Section Image

  • R

    Buyer's Agent in 2015

    Robert Heiserman

    Donegal Real Estate

    (717) 426-4350

    3 in this area

    39 Total Sales

    Robert Heiserman
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PALA2007838

Bright MLS

APN: 450-04565-0-0000

Pennsylvania Lancaster County Mount Joy 17552

283 Marietta Ave, Mount Joy, PA

Not Listed for Sale

MultiFamily

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