NOT LISTED FOR SALE

301 Lincoln Way W Chambersburg, PA 17201

Estimated Value: $128,006 - $175,000

-- Bed
-- Bath
1,516 Sq Ft
$102/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $118,000 $78 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,041/month

33 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Detached Garage
  • Radiant Heating System
  • No HOA

About This Home

As of March 2021

ALL BRICK TWO UNIT ONE BEDROOM AND FULL BATHROOM FOR EACH UNIT LOCATED IN THE BOROUGH OF CHAMBERSBURG WITH UPPER AND LOWER FLOOR LAYOUT. NEW MEDAL ROOF INSTALLED NOVEMBER 2020. LONGTERM TENANTS ON A MONTH TO MONTH LEASE. EXCELLENT INVESTMENT PROPERTY THAT HAS BEEN WELL MAINTAINED. FIRST FLOOR RENT IS $715 A MONTH AND SECOND FLOOR RENT IS $615 A MONTH. GARAGE IS RENTED OUT FOR $50 A MONTH TO A NON TENANT. CORNER LOCATION WITH DETACHED ONE CAR GARAGE. TWENTY FOUR HOUR NOTICE REQUIRED ON ALL SHOWINGS.

Last Agent to Sell the Property

RONALD UMBRELL

Berkshire Hathaway HomeServices Homesale Realty License #RS321338 Listed on: 01/12/2021

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Selena Jetnarayan

Cedar Spring Realty License #RS333372

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,175

Year Built

  • Built in 1900

Lot Details

  • 2,614

Parking

  • 1 Car Detached Garage
  • Side Facing Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 1,516 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Radiant Heating System
  • Electric Water Heater

Additional Features

  • Doors are 32 inches wide or more
  • 2,614 Sq Ft Lot

Listing and Financial Details

  • The owner pays for heat, sewer, water, real estate taxes
  • Assessor Parcel Number 5-1B56-150

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Chambersburg Borough Subdivision

Building Details

  • Insurance Expense $500
  • Operating Expense $4,175
  • Gross Income $16,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,175

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: ALL BRICK TWO UNIT ONE BEDROOM AND FULL BATHROOM FOR EACH UNIT LOCATED IN THE BOROUGH OF CHAMBERSBURG WITH UPPER AND LOWER FLOOR LAYOUT. NEW MEDAL ROOF INSTALLED NOVEMBER 2020. LONGTERM TENANTS ON A MONTH TO MONTH LEASE. EXCELLENT INVESTMENT PROPERTY THAT HAS BEEN WELL MAINTAINED. FIRST FLOOR RENT IS $715 A MONTH AND SECOND FLOOR RENT IS $615 A MONTH. GARAGE IS RENTED OUT FOR $50 A MONTH TO A NON TENANT. CORNER LOCATION WITH DETACHED ONE CAR GARAGE. TWENTY FOUR HOUR NOTICE REQUIRED ON ALL SHOWINGS.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Unfinished, Full
  • Total Sq Ft: 1516
  • Living Area Sq Ft: 1516
  • Price Per Sq Ft: 83.71
  • Above Grade Finished Sq Ft: 1516
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 301

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Metal
  • 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
  • Garage Features: Garage - Side Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: CHAMBERSBURG AREA
  • School District Key: 300200396543
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 007
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Long Term, Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Heat, Sewer, Water, Taxes - Real Estate
  • Total Actual Rent: 16560.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2175.00
  • Assessor Parcel Number: 5-1B56-150
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 03/19/2021

Multi Family

  • Gross Income: 16560.00
  • Gross Scheduled Income: 16560.00
  • Operating Expense: 4175.00
  • Single Room Units Count: 2

MLS Schools

  • School District Name: CHAMBERSBURG AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Mar 19, 2021
Sold by
Gipe Stanley R and Gipe Carol A
Bought by
Stouffer Daren and Stouffer Daren R
Seller's Agent
RONALD UMBRELL
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Selena Jetnarayan
Cedar Spring Realty
List Price
$126,900
Sold Price
$118,000
Premium/Discount to List
-$8,900
-7.01%
Current Estimated Value
$154,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,502
Avg. Annual Appreciation
7.27%
Original Mortgage
$88,500
Outstanding Balance
$79,823
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$81,430

Purchase Details

Closed on
Aug 24, 2013
Sold by
Gipe Stanley
Bought by
Gipe Stanley R and Gipe Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,275
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Stouffer Daren $118,000 Homesale Settlement Servics
Gipe Stanley R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stouffer Daren $88,500
Previous Owner Gipe Stanley R $66,275
Previous Owner Gipe Stanley $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $118,000 -7.0% $78 / Sq Ft
02/14/2021 02/14/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $126,900 -- $84 / 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 $2,406 $12,130 $750 $11,380
2024 $2,308 $12,130 $750 $11,380
2023 $2,249 $12,130 $750 $11,380
2022 $2,187 $12,130 $750 $11,380
2021 $2,175 $12,130 $750 $11,380
2020 $2,128 $12,130 $750 $11,380
2019 $2,066 $12,130 $750 $11,380
2018 $2,003 $12,130 $750 $11,380
2017 $1,887 $12,130 $750 $11,380
2016 $348 $12,130 $750 $11,380
2015 $324 $12,130 $750 $11,380
2014 $1,166 $12,130 $750 $11,380
Source: Public Records

Agents Affiliated with this Home

  • RONALD UMBRELL

    Seller's Agent in 2021

    RONALD UMBRELL

    Berkshire Hathaway HomeServices Homesale Realty

    (717) 372-3952

    11 in this area

    46 Total Sales

    RONALD UMBRELL
    Section Image
  • Selena Jetnarayan

    Buyer's Agent in 2021

    Selena Jetnarayan

    Cedar Spring Realty

    (717) 830-8377

    15 in this area

    94 Total Sales

    Selena Jetnarayan
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PAFL177500

Bright MLS

APN: 05-1B56-150-000000

Pennsylvania Franklin County Chambersburg 17201

301 Lincoln Way W, Chambersburg, PA

This home is located at 301 Lincoln Way W, Chambersburg, PA 17201 since 12 January 2021 and is currently estimated at $154,502, approximately $101 per square foot. This property was built in 1900. 301 Lincoln Way W is a home located in Franklin County with nearby schools including Chambersburg Area Middle School - North, Chambersburg Area Senior High School, and Cumberland Valley Christian School.

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