Seller's Agent in 2022
J.J. SINGH SINGH
Iron Valley Real Estate of Central PA
(717) 802-2218
1 in this area
15 Total Sales
322 W Allen St Mechanicsburg, PA 17055
Estimated Value: $186,000 - $254,000
--
Bed
2
Baths
2,534
Sq Ft
$85/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- 3 Car Detached Garage
- Forced Air Heating and Cooling System
- Mechanicsburg Area Senior High School Rated A-
- More Than Two Accessible Exits
- 5-minute walk to Soldiers and Sailors Memorial Park
About This Home
As of November 2022Looking to add to your investment portfolio? Look no further! Fully rented 4-Unit multi unit property in sought after Mechanicsburg Boro. Unit #1 consists of a 2 BR, 1 1/2 Bath single family home. This unit is on a month to month lease and tenant currently pays $1600/m. Unit #2 is a 3 BR / 2 bath duplex. Tenant is on a year lease until 9/23 and currently pays $1450/m. Unit #3 is a 4 BR / 1 Bath duplex. Tenant pays $1750/m and is on 1-yr lease that expires 3/23. Unit #4 is a garage space in the rear of the home. Tenant currently pays $1200/m on a year lease that expires 9/23. HVAC in 3 out of the 4 units are brand new. All units have been updated and are rented to long term tenants. 3 units have brand new water heater. The single family home has been completely renovated from top to bottom. This is a rare opportunity in Mechanicsburg Boro! Don't delay call to schedule your showing today!!
Last Agent to Sell the Property
(717) 802-2218 singhjagjot75@gmail.com Iron Valley Real Estate of Central PA License #RS365589 Listed on: 09/26/2022
Co-Listed By
(717) 706-2543 stephen@teampete.com Iron Valley Real Estate of Central PA
Last Buyer's Agent
(717) 645-0920 toddfouts.bhr@gmail.com Berkshire Hathaway HomeServices Homesale Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,841
Year Built
- Built in 1900 | Remodeled in 2021
Lot Details
- 9,148 Sq Ft Lot
- Property is in excellent condition
Parking
- 3 Car Detached Garage
- 6 Open Parking Spaces
- Alley Access
- Front Facing Garage
- Parking Lot
- Off-Street Parking
Home Design
- 2,534 Sq Ft Home
- Traditional Architecture
- Stone Foundation
- Shingle Roof
- Metal Roof
- Stick Built Home
Accessible Home Design
- More Than Two Accessible Exits
Schools
- Mechanicsburg Area High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- The owner pays for sewer, trash collection
- Assessor Parcel Number 19-23-0567-047
Community Details
Overview
- 4 Units
Building Details
- Income includes apartment rentals, shop rentals
- Net Operating Income $66,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 26, 2022
Closed on
Nov 10, 2022
Sold by
Nims Properties Llc
Bought by
Creek Bottom Ventures Llc
Seller's Agent
J.J. SINGH SINGH
Iron Valley Real Estate of Central PA
Buyer's Agent
TODD FOUTS
Berkshire Hathaway HomeServices Homesale Realty
List Price
$799,500
Sold Price
$670,000
Premium/Discount to List
-$129,500
-16.2%
Views
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$455,333
Avg. Annual Appreciation
-31.83%
Original Mortgage
$680,000
Outstanding Balance
$658,798
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
-$444,131
Purchase Details
Closed on
Jun 29, 2021
Sold by
Brenneman Larry E
Bought by
Nims Properties Llc
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Creek Bottom Ventures Llc | $670,000 | -- | |
| Nims Properties Llc | $320,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Creek Bottom Ventures Llc | $680,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/10/2022 11/10/22 | Sold | $670,000 | -4.3% | $264 / Sq Ft |
| 10/13/2022 10/13/22 | Pending | -- | -- | -- |
| 10/05/2022 10/05/22 | Price Changed | $699,900 | -12.5% | $276 / Sq Ft |
| 09/26/2022 09/26/22 | For Sale | $799,500 | -- | $316 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,420 | $102,900 | $35,500 | $67,400 |
| 2024 | $2,338 | $102,900 | $35,500 | $67,400 |
| 2023 | $1,852 | $102,900 | $35,500 | $67,400 |
| 2022 | $1,076 | $51,000 | $35,500 | $15,500 |
| 2021 | $1,038 | $51,000 | $35,500 | $15,500 |
| 2020 | $1,016 | $51,000 | $35,500 | $15,500 |
| 2019 | $998 | $51,000 | $35,500 | $15,500 |
| 2018 | $982 | $51,000 | $35,500 | $15,500 |
| 2017 | $943 | $51,000 | $35,500 | $15,500 |
| 2016 | -- | $51,000 | $35,500 | $15,500 |
| 2015 | -- | $51,000 | $35,500 | $15,500 |
| 2014 | -- | $51,000 | $35,500 | $15,500 |
Source: Public Records
Agents Affiliated with this Home
-
J.J. SINGH SINGH
-
STEPHEN SHEMLER
Seller Co-Listing Agent in 2022
STEPHEN SHEMLER
Iron Valley Real Estate of Central PA
(717) 706-2543
5 in this area
255 Total Sales
-
TODD FOUTS
T
Buyer's Agent in 2022
TODD FOUTS
Berkshire Hathaway HomeServices Homesale Realty
(717) 645-0920
2 in this area
3 Total Sales
Map
Source: Bright MLS
MLS Number: PACB2015478
APN: 19-23-0567-046
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