NOT LISTED FOR SALE

334 Lincoln Way W Chambersburg, PA 17201

Estimated Value: $305,992

-- Bed
-- Bath
-- Sq Ft
0.45 Acres

Last Sold August 01, 2016

Last sale price $175,000

Est. 75% increase in value since last sale

Current estimated payment $1,995/month

90 Days on Market

Highlights

  • 0.45 Acre Lot
  • Forced Air Heating System
  • Baseboard Heating

About This Home

As of August 2016

Property owner is licensed broker and appraiser. Six apartments (2-efficiencies; 1-one bedroom; and 3-two bedrooms) plus two-car garage and 1380 sq ft block building at rear of property. Tenants pay heat; owner pays water, sewer, trash; some appliances provided; some rents below market. Off street parking for residents.

Last Agent to Sell the Property

Tim Ausherman

Ausherman Brothers Listed on: 03/11/2016

Last Buyer's Agent

Enrico Scotto Di Carlo

Help-U-Sell Keystone Realty, LLC License #AB068406

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,022

Year Built

  • Built in 1900

Lot Details

  • 0.45

Parking

  • On-Site Parking for Rent

Home Design

  • Brick Exterior Construction

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Natural Gas Water Heater

Additional Features

  • Exterior Basement Entry
  • 0.45 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 5-1B56-195

Community Details

Overview

  • Property has a Home Owners Association
  • 6 Units

Building Details

  • Operating Expense $13,603

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,022

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: Property owner is licensed broker and appraiser. Six apartments (2-efficiencies; 1-one bedroom; and 3-two bedrooms) plus two-car garage and 1380 sq ft block building at rear of property. Tenants pay heat; owner pays water, sewer, trash; some appliances provided; some rents below market. Off street parking for residents.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Unfinished
  • Street Number Modifier: 334

Exterior Features

  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: On-Site - Rent

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Forced Air, Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 17700.00
  • Land Assessed Value: 2950.00
  • Lot Size Acres: 0.45
  • Lot Size Area: 19602
  • Lot Dimensions: LotLength:256 X LotWidth:76
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19602.00
  • Property Attached Yn: Yes
  • Year Assessed: 1961
  • Zoning: MDR
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10712147
  • Tax Annual Amount: 3021.51
  • Assessor Parcel Number: 5-1B56-195
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 08/01/2016

Multi Family

  • Gross Income: 32100.00
  • Operating Expense: 13603.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2016
Closed on
Aug 1, 2016
Sold by
Ausherman Tim L and Ausherman Marlene J
Bought by
Pravana Llc
Seller's Agent
Tim Ausherman
Ausherman Brothers
Buyer's Agent
Enrico Scotto Di Carlo
Help-U-Sell Keystone Realty, LLC
List Price
$195,000
Sold Price
$175,000
Premium/Discount to List
-$20,000
-10.26%
Current Estimated Value
$305,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,992
Avg. Annual Appreciation
5.95%
Original Mortgage
$148,750
Interest Rate
3.54%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Pravana Llc $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pravana Llc $152,000
Closed Pravana Llc $148,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2016 08/01/16 Sold $175,000 -10.3% --
06/09/2016 06/09/16 Pending -- -- --
03/11/2016 03/11/16 For Sale $195,000 -- --
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 $4,097 $20,650 $2,950 $17,700
2024 $3,930 $20,650 $2,950 $17,700
2023 $3,829 $20,650 $2,950 $17,700
2022 $3,724 $20,650 $2,950 $17,700
2021 $3,703 $20,650 $2,950 $17,700
2020 $3,622 $20,650 $2,950 $17,700
2019 $3,517 $20,650 $2,950 $17,700
2018 $3,409 $20,650 $2,950 $17,700
2017 $3,212 $20,650 $2,950 $17,700
2016 $592 $20,650 $2,950 $17,700
2015 $551 $20,650 $2,950 $17,700
2014 $1,985 $20,650 $2,950 $17,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001022565

Bright MLS

APN: 05-1B56-195-000000