NOT LISTED FOR SALE

3125 Lincoln Hwy E Paradise, PA 17562

Estimated Value: $222,000 - $346,000

-- Bed
2 Baths
2,232 Sq Ft
$133/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $210,000 $94 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,912/month

150 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 6 Car Detached Garage
  • Wood Flooring
  • No HOA
  • Eat-In Kitchen

About This Home

As of August 2019

Great historic stone home in paradise township , converted into two unit apartment, seperate utilities,detached two car garage, long deep lot. Curently rented

Last Agent to Sell the Property

Len Ferber

Len Ferber Real Estate Listed on: 02/08/2019

Last Buyer's Agent

Kelly Brazzo

Keller Williams Elite License #RS294551

Keller Williams Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,050

Year Built

  • Built in 1770 | Remodeled in 2006

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 195'x52'x222'x71
  • Property is in good condition

Parking

  • 6 Car Detached Garage
  • Front Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Plaster Walls
  • Slate Roof
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 2,232 Sq Ft Home
  • 1 Fireplace
  • Storm Windows

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Flooring

  • Wood
  • Partially Carpeted

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Location

  • Suburban Location

Schools

  • Paradise Elementary School
  • Pequea Valley Middle School
  • Pequea Valley High School

Utilities

  • Central Air
  • Heat Pump System
  • 100 Amp Service
  • Propane
  • Well
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • The owner pays for sewer
  • Assessor Parcel Number 490-00835-0-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $950
  • Maintenance Expense $200
  • Other Expense $1,080
  • Gross Income $22,200
  • Net Operating Income $19,970

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,050

Year Built

Built in 1770 | Remodeled in 2006

Lot Details

0

Parking

6

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Other Expense: 1080.00
  • Year Built: 1770
  • Year Renovated: 2006
  • Remarks Public: Great historic stone home in paradise township , converted into two unit apartment, seperate utilities,detached two car garage, long deep lot. Curently rented
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Flooring Type: Partially Carpeted, Wood
  • Interior Amenities: Carpet, Kitchen - Eat-In
  • Window Features: Storm
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Plaster Walls, Dry Wall
  • Foundation Details: Stone
  • Room Count: 10
  • Basement: Yes
  • Basement Type: Partial, Full
  • Total Sq Ft: 2232
  • Living Area Sq Ft: 2232
  • Price Per Sq Ft: 112.01
  • Above Grade Finished Sq Ft: 2232
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3125

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone
  • Road Surface Type: Black Top
  • Roof: Asphalt, Slate
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 6.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 6
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Propane, Sewer Available
  • Water Source: Private, Well
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: PEQUEA VALLEY
  • Elementary School: PARADISE
  • Middle School: PEQUEA VALLEY
  • High School: PEQUEA VALLEY
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397145
  • School District Source: Listing Agent
  • Elementary School: PARADISE
  • High School: PEQUEA VALLEY
  • Middle Or Junior School: PEQUEA VALLEY

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 123200.00
  • Land Assessed Value: 37800.00
  • Lot Size Acres: 0.30
  • Lot Dimensions: 195'x52'x222'x71
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13068.00
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: VMU
  • Zoning Description: Village Mixed USe

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Sewer
  • Rent Control: No
  • Total Actual Rent: 22200.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4123957
  • School Tax: 2403.00
  • Tax Annual Amount: 3050.00
  • Assessor Parcel Number: 490-00835-0-0000
  • Tax Total Finished Sq Ft: 2232
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2020
  • Close Date: 08/23/2019

Multi Family

  • Gross Income: 22200.00
  • Gross Scheduled Income: 22200.00
  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: PEQUEA VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2019
Closed on
Aug 26, 2019
Sold by
Fisher Melvin C and Fisher Hannah
Bought by
Jw Management Llc
Seller's Agent
Len Ferber
Len Ferber Real Estate
Buyer's Agent
Kelly Brazzo
Keller Williams Elite
List Price
$250,000
Sold Price
$210,000
Premium/Discount to List
-$40,000
-16%
Current Estimated Value
$298,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,333
Avg. Annual Appreciation
6.02%
Original Mortgage
$168,000
Outstanding Balance
$148,067
Interest Rate
3.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$149,600

Purchase Details

Closed on
Jul 27, 2010
Sold by
Paradise Hotel Inc
Bought by
Fisher Melvin C and Fisher Hannah

Purchase Details

Closed on
Mar 16, 2001
Sold by
Dull Charles N
Bought by
Chalfant Elsie M
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
Jw Management Llc $210,000 None Available
Fisher Melvin C $150,000 None Available
Chalfant Elsie M $44,084 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jw Management Llc $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $210,000 -16.0% $94 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
02/08/2019 02/08/19 For Sale $250,000 -- $112 / 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
2024 $3,352 $165,000 $37,800 $127,200
2023 $3,172 $161,000 $37,800 $123,200
2022 $3,109 $161,000 $37,800 $123,200
2021 $3,050 $161,000 $37,800 $123,200
2020 $3,050 $161,000 $37,800 $123,200
2019 $3,011 $161,000 $37,800 $123,200
2018 $3,623 $161,000 $37,800 $123,200
2017 $3,066 $132,300 $25,500 $106,800
2016 $3,066 $132,300 $25,500 $106,800
2015 $669 $132,300 $25,500 $106,800
2014 $2,312 $132,300 $25,500 $106,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA122280

Bright MLS

APN: 490-00835-0-0000