NOT LISTED FOR SALE

315 E King St Shippensburg, PA 17257

Estimated Value: $159,000 - $192,539

-- Bed
2 Baths
1,888 Sq Ft
$92/Sq Ft Est. Value

Last Sold December 18, 2023

Last sale price $147,500 $78 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,129/month

398 Days on Market

Highlights

  • Traditional Floor Plan
  • Garden View
  • Downtown Location
  • Wood Flooring
  • Combination Kitchen and Living
  • Forced Air Heating System

About This Home

As of December 2023

NEW ROOF INSTALLED AUGUST 2023. THIS OVER UNDER DUPLEX HAS PLENTY OF OFF-STREET PARKING, LARGE YARD, TENANTS PAY UTILITIES 1ST FLOOR LEASE RUNS UNTIL MAY 15, 2024, $550.00 PER MONTH 2ND FLOOR LEASE RUNS UNTIL AUGEST 31, 2024 $700 PER MONTH.
GROSS RENT $15,000 PER YEAR

Last Agent to Sell the Property

Thomas Mitros

Berkshire Hathaway HomeServices Homesale Realty License #RM424476 Listed on: 10/03/2022

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Dave Dymond

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,162

Year Built

  • Built in 1900 | Remodeled in 2023

Lot Details

  • 8,276 Sq Ft Lot
  • Downtown Location
  • Back Yard
  • Historic Home
  • Property is in average condition

Home Design

  • Duplex
  • Converted Dwelling
  • Stone Foundation
  • Plaster Walls
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,888 Sq Ft Home
  • Traditional Floor Plan
  • Double Hung Windows
  • Combination Kitchen and Living
  • Wood Flooring
  • Garden Views
  • Unfinished Basement
  • Walk-Up Access

Kitchen

  • Electric Oven or Range
  • Stove

Parking

  • 10 Open Parking Spaces
  • 20 Parking Spaces
  • 10 Off-Street Spaces
  • Private Parking
  • Free Parking
  • Stone Driveway
  • Gravel Driveway
  • Unpaved Parking
  • Parking Lot

Schools

  • James Burd Elementary School
  • Shippensburg Area Middle School
  • Shippensburg Area High School

Utilities

  • Forced Air Heating System
  • Electric Baseboard Heater
  • 100 Amp Service
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • The owner pays for lawn/shrub care, sewer, snow removal, real estate taxes, trash collection, water
  • Assessor Parcel Number 32-33-1867-078

Community Details

Overview

  • 2 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals, parking
  • Manager Expense $1,500
  • Operating Expense $4,600
  • Gross Income $15,000
  • Net Operating Income $13,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,162

Year Built

Built in 1900 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Historic: Yes
  • Inclusions: ALL APPLIANCES PASS
  • New Construction: No
  • Expected On Market: 2022-10-03
  • Year Built: 1900
  • Year Renovated: 2023
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: NEW ROOF INSTALLED AUGUST 2023. THIS OVER UNDER DUPLEX HAS PLENTY OF OFF-STREET PARKING, LARGE YARD, TENANTS PAY UTILITIES 1ST FLOOR LEASE RUNS UNTIL MAY 15, 2024, $550.00 PER MONTH 2ND FLOOR LEASE RUNS UNTIL AUGEST 31, 2024 $700 PER MONTH. GROSS RENT $15,000 PER YEAR
  • Special Features: NewHome

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Stove
  • Flooring Type: Wood
  • Interior Amenities: Combination Kitchen/Living, Floor Plan - Traditional
  • Window Features: Double Hung
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls, Dry Wall
  • Foundation Details: Stone
  • Room Count: 10
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Stairs
  • Total Sq Ft: 1888
  • Living Area Sq Ft: 1888
  • Price Per Sq Ft: 84.75
  • Above Grade Finished Sq Ft: 1888
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 315

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Street Lights, Sidewalks
  • Road Surface Type: Black Top, Paved
  • Roof: Asphalt, Shingle
  • Spa: No
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Crushed Stone, Free, Gravel Driveway, Private, Stone Driveway, Unpaved
  • Total Garage And Parking Spaces: 20
  • Type Of Parking: Off Street, Parking Lot
  • Off Street Parking Spaces: 10
  • Parking Lot Number Of Spaces: 10

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Baseboard - Electric, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: DSL, Cable

Condo/Co-op/Association

  • Professional Management Expense: 1500.00
  • Association Recreation Fee: No

Schools

  • School District: SHIPPENSBURG AREA
  • Elementary School: JAMES BURD
  • Middle School: SHIPPENSBURG AREA
  • High School: SHIPPENSBURG AREA
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396699
  • School District Source: Listing Agent
  • Elementary School: JAMES BURD
  • High School: SHIPPENSBURG AREA
  • Middle Or Junior School: SHIPPENSBURG AREA

Lot Info

  • Land Use Code: 102
  • Lot Features: Rear Yard, Road Frontage
  • Lot Size Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8276.00
  • Property Condition: Average
  • Year Assessed: 2023
  • Zoning: 2 FAMILY DWELLING
  • Zoning Description: OVER UNDER RESIDENTIAL DWELING WITH OFF STREET PARKING

Rental Info

  • Existing Lease Type: Long Term
  • Ground Rent Exists: No
  • Owner Pays: Lawn/Shrub Care, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Total Actual Rent: 15000.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 1501.00
  • Tax Annual Amount: 2162.00
  • Assessor Parcel Number: 32-33-1867-078
  • Tax Total Finished Sq Ft: 1888
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 12/18/2023

Multi Family

  • Gross Income: 15000.00
  • Gross Scheduled Income: 15000.00
  • Income Includes: Apartment Rentals, Parking
  • Operating Expense: 4600.00

MLS Schools

  • School District Name: SHIPPENSBURG AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2022
Closed on
Dec 15, 2023
Sold by
Owens Kevin and Owens Michelle
Bought by
Diller Elvin L and Diller Rose Ann
Seller's Agent
Thomas Mitros
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Dave Dymond
Coldwell Banker Realty
List Price
$169,900
Sold Price
$147,500
Premium/Discount to List
-$22,400
-13.18%
Views
800
Current Estimated Value
$174,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,635
Avg. Annual Appreciation
9.36%
Original Mortgage
$100,000
Outstanding Balance
$98,367
Interest Rate
7.03%
Mortgage Type
Credit Line Revolving
Estimated Equity
$73,977

Purchase Details

Listed on
Mar 1, 2016
Closed on
Nov 30, 2016
Sold by
Crouch Roger K and Crouch Anne N
Bought by
Owens Kevin and Owens Michelle
Seller's Agent
Thomas Mitros
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Thomas Mitros
Berkshire Hathaway HomeServices Homesale Realty
List Price
$124,000
Sold Price
$90,000
Premium/Discount to List
-$34,000
-27.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%

Purchase Details

Closed on
Sep 28, 2001
Sold by
Morgan Charles W
Bought by
Crouch Roger K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
6.91%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Diller Elvin L $147,500 None Listed On Document
Owens Kevin $90,000 None Available
Crouch Roger K $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diller Elvin L $100,000
Previous Owner Crouch Roger K $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Sold $147,500 -7.8% $78 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
09/17/2023 09/17/23 Price Changed $160,000 -3.0% $85 / Sq Ft
11/18/2022 11/18/22 Price Changed $164,900 -2.9% $87 / Sq Ft
10/03/2022 10/03/22 For Sale $169,900 +88.8% $90 / Sq Ft
11/30/2016 11/30/16 Sold $90,000 -27.4% $48 / Sq Ft
10/28/2016 10/28/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $124,000 -- $66 / 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 $2,412 $119,000 $26,400 $92,600
2024 $2,307 $119,000 $26,400 $92,600
2023 $2,162 $119,000 $26,400 $92,600
2022 $2,097 $119,000 $26,400 $92,600
2021 $2,077 $119,000 $26,400 $92,600
2020 $2,054 $119,000 $26,400 $92,600
2019 $2,055 $119,000 $26,400 $92,600
2018 $1,960 $119,000 $26,400 $92,600
2017 $1,924 $119,000 $26,400 $92,600
2016 -- $119,000 $26,400 $92,600
2015 -- $119,000 $26,400 $92,600
2014 -- $119,000 $26,400 $92,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACB2015588

Bright MLS

APN: 32-33-1867-078