NOT LISTED FOR SALE

304 W Front St Lewisberry, PA 17339

Estimated Value: $198,000 - $259,000

-- Bed
4 Baths
1,950 Sq Ft
$119/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $99,000 $51 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $1,463/month

Highlights

  • No HOA
  • Porch
  • Baseboard Heating
  • Detached Garage
  • Window Unit Cooling System

About This Home

As of September 2014

INVESTOR, RESIDENTIAL/HISTORICAL 2 APARTMENTS IN QUAINT BOROUGH OF LEWISBERRY. GREAT POSITIVE CASH FLOW, CAP RATE BASED ON SELLING PRICE OF 14%. THERE ARE TWO APARTMENTS, PLUS DOUBLE CAR GARAGE RENTS $200 PER MONTH AND ONE LG ROOM FOR $150 PER MONTH FOR STORAGE ONLY. MANY UPGRADES NEW WIRING & 200 AMP SERVICE, REPLACEMENT WINDOW, NEW INSULATION, MACADAM DRIVEWAY.

Last Agent to Sell the Property

WAYNE HARTZELL

Green Acres Realty Company. Listed on: 06/17/2014

Last Buyer's Agent

Paul Stull

Cavalry Realty LLC License #RS130046A

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 1850

Lot Details

  • 10,803

Parking

  • Detached Garage

Home Design

  • 1,950 Sq Ft Home
  • Metal Roof
  • Aluminum Siding

Kitchen

  • Gas Oven or Range
  • Dishwasher

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • 200+ Amp Service
  • Well

Listing and Financial Details

  • Tenant pays for cable TV, heat, electricity
  • The owner pays for real estate taxes, repairs
  • Assessor Parcel Number 67740000100060000000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Electric Expense $100
  • Insurance Expense $800
  • Maintenance Expense $1,000
  • Manager Expense $1,000
  • Net Operating Income $3,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,000

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1850
  • Remarks Public: INVESTOR, RESIDENTIAL/HISTORICAL 2 APARTMENTS IN QUAINT BOROUGH OF LEWISBERRY. GREAT POSITIVE CASH FLOW, CAP RATE BASED ON SELLING PRICE OF 14%. THERE ARE TWO APARTMENTS, PLUS DOUBLE CAR GARAGE RENTS $200 PER MONTH AND ONE LG ROOM FOR $150 PER MONTH FOR STORAGE ONLY. MANY UPGRADES NEW WIRING & 200 AMP SERVICE, REPLACEMENT WINDOW, NEW INSULATION, MACADAM DRIVEWAY.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Gas, Dishwasher, Refrigerator
  • Fireplace: No
  • Total Sq Ft: 1950
  • Living Area Sq Ft: 1950
  • Price Per Sq Ft: 50.77
  • Above Grade Finished Sq Ft: 1950
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 304

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Construction Completed: No
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Electric Expense: 100.00
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Baseboard, Electric
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1000.00
  • Water Source: Well

Condo/Co-op/Association

  • HOA: No
  • Professional Management Expense: 1000.00

Schools

  • School District: WEST SHORE
  • School District Key: 300200396679

Lot Info

  • Outdoor Living Structures: Porch(es)
  • Zoning Description: Historical,Residential

Rental Info

  • Owner Pays: Taxes - Real Estate, Repairs
  • Tenant Pays: Cable Tv, Heat, Electricity
  • Vacation Rental: No

Multi Family

  • Gross Income: 18900.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Assessor Parcel Number: 10906182
  • Tax Annual Amount: 2000.00
  • Assessor Parcel Number: 67740000100060000000
  • Tax Year: 2014
  • Close Date: 09/30/2014

MLS Schools

  • School District Name: WEST SHORE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2014
Closed on
Oct 6, 2014
Sold by
Houser Patricia J and Stauffer Patricia J
Bought by
Forgas Barbara E
Seller's Agent
WAYNE HARTZELL
Green Acres Realty Company.
Buyer's Agent
Paul Stull
Cavalry Realty LLC
List Price
$107,000
Sold Price
$99,000
Premium/Discount to List
-$8,000
-7.48%
Current Estimated Value
$232,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,431
Avg. Annual Appreciation
8.10%
Original Mortgage
$79,200
Outstanding Balance
$60,915
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$171,554

Purchase Details

Listed on
Jun 17, 2014
Closed on
Sep 30, 2014
Sold by
Forgas Barbara E
Bought by
Grumbine Frank A
Seller's Agent
WAYNE HARTZELL
Green Acres Realty Company.
Buyer's Agent
Paul Stull
Cavalry Realty LLC
List Price
$107,000
Sold Price
$99,000
Premium/Discount to List
-$8,000
-7.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Outstanding Balance
$60,915
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$171,554

Purchase Details

Closed on
Mar 12, 2004
Sold by
Gross Lester H and Groft Jo Anne
Bought by
Forgas David E and Forgas Barbara E
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
Forgas Barbara E -- None Available
Grumbine Frank A $99,000 None Available
Forgas David E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grumbine Frank A $79,200
Closed Grumbine Frank A $79,200
Previous Owner Forgas Barbara E $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2014 09/30/14 Sold $99,000 -7.5% $51 / Sq Ft
08/12/2014 08/12/14 Pending -- -- --
06/17/2014 06/17/14 For Sale $107,000 -- $55 / 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 $2,701 $103,870 $25,350 $78,520
2024 $2,560 $103,870 $25,350 $78,520
2023 $2,489 $103,870 $25,350 $78,520
2022 $2,481 $103,870 $25,350 $78,520
2021 $2,333 $103,870 $25,350 $78,520
2020 $2,305 $103,870 $25,350 $78,520
2019 $2,265 $103,870 $25,350 $78,520
2018 $2,246 $103,870 $25,350 $78,520
2017 $2,205 $103,870 $25,350 $78,520
2016 $0 $103,870 $25,350 $78,520
2015 -- $103,870 $25,350 $78,520
2014 -- $103,870 $25,350 $78,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002741085

Bright MLS

APN: 74-000-01-0006.00-00000