NOT LISTED FOR SALE

305 W Main St Terre Hill, PA 17581

Estimated Value: $314,000 - $348,000

-- Bed
2 Baths
1,352 Sq Ft
$248/Sq Ft Est. Value

Last Sold November 01, 2017

Last sale price $192,000 $142 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,061/month

7 Days on Market

Highlights

  • No HOA
  • Window Unit Cooling System
  • Shed
  • Detached Garage
  • Parking Storage or Cabinetry
  • Baseboard Heating

About This Home

As of November 2017

Excellent investment with history of 0% vacanty rate. 1 Deed/2 Addresses. Updates include furnace, roof, windows, hot water heaters, flooring, paint. Larger unit (305) had 9 year tenant @ $625, now freshened & waiting for new-owner lease @ $725. Large attic, (2) 1 car garages + barn with wood stove & loft (possible additional income), all with electric. Shed & (2) exterior storage closets. Great opportunity for owner-occupancy in 305.

Last Agent to Sell the Property

Shirley Orfanella

(717) 314-9592 shirley.orfanella@gmail.com Unruh Realty, Inc. Listed on: 09/13/2017

Last Buyer's Agent

Carol Lehman

(717) 278-9112 carol@hostetterrealty.com Hostetter Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,689

Year Built

  • Built in 1910

Lot Details

  • 0.25

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Rubber Roof
  • Metal Roof
  • Vinyl Siding

Attic

  • Storage In Attic

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Dirt Floor
  • Crawl Space

Parking

  • Detached Garage
  • Parking Storage or Cabinetry

Outdoor Features

  • Shed
  • Storage Shed

Schools

  • Garden Spot Middle School
  • Garden Spot High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Washer and Dryer Hookup
  • 0.25 Acre Lot

Listing and Financial Details

  • Tenant pays for hot water, sewer, trash removal, electricity, water
  • Assessor Parcel Number 5902870300000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Terre Hill Borough Subdivision

Building Details

  • Income includes apartment rentals
  • Insurance Expense $921
  • Maintenance Expense $144
  • Operating Expense $2,601

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,689

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • New Construction: No
  • Storage: Attic, Basement, Garage, Shed
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: Yes
  • Basement Type: Dirt Floor, Full, Unfinished

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Composite, Shingle, Metal, Rubber
  • 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

  • Annual Heating Expense: 1536.00
  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Electric Service: Circuit Breakers
  • Heating Type: Baseboard, Hot Water, Oil
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: GARDEN SPOT
  • Middle Or Junior School: GARDEN SPOT

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 72x191 m/l
  • Property Attached Yn: Yes
  • Zoning: RESIDENTIAL
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Hot Water, Sewer, Trash Removal, Electricity, Water
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4145371
  • School Tax: 1715.41
  • Tax Annual Amount: 2689.36
  • Assessor Parcel Number: 5902870300000
  • County Tax Payment Frequency: Annually

Multi Family

  • Income Includes: Apartment Rentals
  • Operating Expense: 2601.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: EASTERN LANCASTER COUNTY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2022
Sold by
Huber Michael S and Huber Abigail B
Bought by
Wenger Michael
Current Estimated Value
$341,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,050
Outstanding Balance
$237,268
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$98,098

Purchase Details

Listed on
Sep 13, 2017
Closed on
Nov 1, 2017
Sold by
Trupe A Eugene
Bought by
Huber Michael S
Seller's Agent
Shirley Orfanella
Unruh Realty, Inc.
Buyer's Agent
Carol Lehman
Hostetter Realty LLC
List Price
$199,900
Sold Price
$192,000
Premium/Discount to List
-$7,900
-3.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%
Original Mortgage
$153,600
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Wenger Michael $293,000 None Listed On Document
Huber Michael S $192,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wenger Michael $249,050
Previous Owner Huber Michael S $153,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2017 11/01/17 Sold $192,000 -4.0% $142 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
09/13/2017 09/13/17 For Sale $199,900 -- $148 / 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 $3,147 $153,800 $40,600 $113,200
2024 $3,147 $153,800 $40,600 $113,200
2023 $3,107 $153,800 $40,600 $113,200
2022 $3,078 $153,800 $40,600 $113,200
2021 $3,035 $153,800 $40,600 $113,200
2020 $3,035 $153,800 $40,600 $113,200
2019 $3,006 $153,800 $40,600 $113,200
2018 $3,810 $153,800 $40,600 $113,200
2017 $2,651 $111,500 $24,500 $87,000
2016 $2,651 $111,500 $24,500 $87,000
2015 $974 $111,500 $24,500 $87,000
2014 $1,607 $111,500 $24,500 $87,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002668799

Bright MLS

APN: 590-28703-0-0000