NOT LISTED FOR SALE

326 Main St Parkesburg, PA 19365

Estimated Value: $207,000 - $230,000

-- Bed
2 Baths
2,000 Sq Ft
$109/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $150,000 $75 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,514/month

Highlights

  • Dual Staircase
  • Deck
  • Attic
  • Colonial Architecture
  • Wood Flooring
  • Corner Lot

About This Home

As of January 2021

Great investment Property or Primary Home! Live in 1 Unit and collect rent from the 2nd. Duplex with 2BR on 1st Floor with walkout basement to rear yard. 1 BR on 2nd Floor with attic storage. Corner Property with plenty of street parking. 2 BR rent $950/mo, 1 BR rent $720/mo. Cap rate >8.5%. Rents are low due to good tenants but could easily be raised by $50 -$90 per month. Tenants pay all utilities (including separately metered water). New HW boiler for 2BR Unit. Owner pays sewer and trash. Located in up and coming Parkesburg Boro. 3 blocks from Train station with service to Philadelphia. Planet Fitness recently opened, joining Victory Brewery in Parkesburg resurgence! Home Depot and Walmart anchor West Sadsbury Commons Shopping Center at Rte 10 and 30 Intersection. Note: Primary Home Buyer Financing available with grant money covering down payment and closing costs through a National Bank. Contact Listing Agent for details.

Last Agent to Sell the Property

Jack Butler

Swayne Real Estate Group, LLC License #RS273913 Listed on: 06/24/2020

Last Buyer's Agent

Jack Butler

Swayne Real Estate Group, LLC License #RS273913 Listed on: 06/24/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900 | Remodeled in 2019

Lot Details

  • 4,158 Sq Ft Lot
  • Lot Dimensions are 40 x 103.95
  • Corner Lot
  • Level Lot
  • Back and Side Yard
  • Property is in good condition

Home Design

  • Duplex
  • Colonial Architecture
  • Stone Foundation
  • Poured Concrete
  • Plaster Walls
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • Dual Staircase
  • Double Pane Windows
  • Insulated Windows
  • Double Hung Windows
  • Dining Area
  • Storm Doors
  • Attic

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Stove

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Basement Windows

Parking

  • Public Parking
  • On-Street Parking

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Deck
  • Porch

Schools

  • Octorara Primary Lc Elementary School
  • Octorara Area Middle School
  • Octorara Area High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • The owner pays for insurance, repairs, sewer, real estate taxes, trash collection
  • Tax Lot 0222
  • Assessor Parcel Number 08-03 -0222

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 3-Story Building
  • Parkesburg Subdivision

Building Details

  • Income includes apartment rentals
  • Insurance Expense $700
  • Maintenance Expense $240
  • Trash Expense $640
  • Operating Expense $5,497
  • Gross Income $19,560
  • Net Operating Income $14,063

Property Details

Home Type

Multi-Family

Year Built

Built in 1900 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Refrigerators and Ovens
  • New Construction: No
  • Year Built: 1900
  • Year Renovated: 2019
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Remarks Public: Great investment Property or Primary Home! Live in 1 Unit and collect rent from the 2nd. Duplex with 2BR on 1st Floor with walkout basement to rear yard. 1 BR on 2nd Floor with attic storage. Corner Property with plenty of street parking. 2 BR rent $950/mo, 1 BR rent $720/mo. Cap rate >8.5%. Rents are low due to good tenants but could easily be raised by $50 -$90 per month. Tenants pay all utilities (including separately metered water). New HW boiler for 2BR Unit. Owner pays sewer and trash. Located in up and coming Parkesburg Boro. 3 blocks from Train station with service to Philadelphia. Planet Fitness recently opened, joining Victory Brewery in Parkesburg resurgence! Home Depot and Walmart anchor West Sadsbury Commons Shopping Center at Rte 10 and 30 Intersection. Note: Primary Home Buyer Financing available with grant money covering down payment and closing costs through a National Bank. Contact Listing Agent for details.
  • Special Features: None

Interior Features

  • Appliances: Water Heater, Stove, Refrigerator, Oven/Range - Gas
  • Flooring Type: Fully Carpeted, Hardwood
  • Interior Amenities: Attic, Stall Shower, Tub Shower, Dining Area, Kitchen - Galley, Wood Floors, Additional Stairway, Double/Dual Staircase, Primary Bath(s)
  • Window Features: Double Hung, Double Pane, Insulated
  • Fireplace: No
  • Door Features: Storm
  • Wall Ceiling Types: Plaster Walls, Dry Wall
  • Foundation Details: Stone
  • Room Count: 11
  • Basement: Yes
  • Basement Type: Full, Unfinished, Interior Access, Outside Entrance, Walkout Level, Windows, Poured Concrete
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 2000
  • Price Per Sq Ft: 79.95
  • Above Grade Finished Sq Ft: 2000
  • Above Grade Unfinished Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 326

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Exterior Features: Sidewalks
  • Road Surface Type: Black Top
  • Roof: Shingle
  • Spa: No
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Public
  • Type Of Parking: On Street

Utilities

  • Refuse: 640.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas, Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Cable Tv, Water Available, Sewer Available, Natural Gas Available, Phone Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: OCTORARA AREA
  • Elementary School: OCTORARA PRIMARY LC
  • Middle School: OCTORARA AREA
  • High School: OCTORARA AREA
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397343
  • School District Source: Listing Agent
  • Elementary School: OCTORARA PRIMARY LC
  • High School: OCTORARA AREA
  • Middle Or Junior School: OCTORARA AREA

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 52410.00
  • Land Assessed Value: 15580.00
  • Land Use Code: R20
  • Lot Features: Corner, Rear Yard, Road Frontage, Level, Sideyard(s)
  • Lot Size Acres: 0.10
  • Lot Dimensions: 40 x 103.95
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4158.00
  • Outdoor Living Structures: Porch(es), Deck(s)
  • Property Condition: Good
  • Soil Types: Unknown
  • Year Assessed: 2020
  • Zoning: RA
  • Zoning Description: Residential

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 1
  • Owner Pays: Insurance, Repairs, Sewer, Taxes - Real Estate, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 19560.00
  • Units Leased Count: 2
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 230566
  • School Tax: 2780.00
  • Tax Annual Amount: 3774.00
  • Assessor Parcel Number: 08-03 -0222
  • Tax Lot: 0222
  • Tax Total Finished Sq Ft: 2000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 01/15/2021

Multi Family

  • Gross Income: 19560.00
  • Gross Scheduled Income: 19560.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 5497.00
  • Other Units: Unit 1,Unit 2
  • Single Room Units Count: 11
  • Vacancy Allowance Rate: 2.00

MLS Schools

  • School District Name: OCTORARA AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2023
Sold by
Swope Charles E
Bought by
Pmsn Realty Llc
Current Estimated Value
$218,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Outstanding Balance
$400,975
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
-$202,975

Purchase Details

Listed on
Jun 24, 2020
Closed on
Jan 14, 2021
Sold by
Butler Jack and Bulter Alane
Bought by
Swope Charles E and Swope Betsy S
Seller's Agent
Jack Butler
Swayne Real Estate Group, LLC
Buyer's Agent
Jack Butler
Swayne Real Estate Group, LLC
List Price
$180,000
Sold Price
$150,000
Premium/Discount to List
-$30,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%
Original Mortgage
$112,500
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Pmsn Realty Llc $515,000 None Listed On Document
Swope Charles E $150,000 Meridian Land Setmnt Svcs Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pmsn Realty Llc $412,000
Previous Owner Swope Charles E $112,500
Previous Owner Butler Jack $78,500
Previous Owner Butler Jack $34,000
Previous Owner Butler Jack $74,000
Previous Owner Butler Jack $79,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $150,000 -6.2% $75 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
09/08/2020 09/08/20 Price Changed $159,900 -4.8% $80 / Sq Ft
08/26/2020 08/26/20 Price Changed $168,000 -1.1% $84 / Sq Ft
07/09/2020 07/09/20 Price Changed $169,900 -2.9% $85 / Sq Ft
06/28/2020 06/28/20 Price Changed $175,000 -2.8% $88 / Sq Ft
06/24/2020 06/24/20 For Sale $180,000 -- $90 / 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 $4,200 $67,990 $15,580 $52,410
2024 $4,200 $67,990 $15,580 $52,410
2023 $4,082 $67,990 $15,580 $52,410
2022 $3,952 $67,990 $15,580 $52,410
2021 $3,786 $67,990 $15,580 $52,410
2020 $3,767 $67,990 $15,580 $52,410
2019 $3,692 $67,990 $15,580 $52,410
2018 $3,662 $67,990 $15,580 $52,410
2017 $3,603 $67,990 $15,580 $52,410
2016 $270 $67,990 $15,580 $52,410
2015 $270 $67,990 $15,580 $52,410
2014 $270 $67,990 $15,580 $52,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT509500

Bright MLS

APN: 08-003-0222.0000