NOT LISTED FOR SALE

375 E King St Chambersburg, PA 17201

Estimated Value: $117,132 - $196,000

-- Bed
-- Bath
-- Sq Ft
6,098 Sq Ft Lot

Last Sold May 26, 2016

Last sale price $90,000

Est. 95% increase in value since last sale

Current estimated payment $1,081/month

547 Days on Market

Highlights

  • No HOA
  • Window Unit Cooling System
  • Forced Air Heating System

About This Home

As of May 2016

Investment opportunity for this side by side duplex in the borough at 375-377 East King St.. Both sides currently rented and grossing $1,275 per month. Tenants pay utilities.

Last Agent to Sell the Property

Matt Kellam

Help-U-Sell Keystone Realty, LLC License #RM420234 Listed on: 10/14/2014

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

  • $1,497

Year Built

  • Built in 1900

Lot Details

  • 6,098

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Aluminum Siding

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater

Additional Features

  • Electric Oven or Range
  • Connecting Stairway
  • 6,098 Sq Ft Lot

Listing and Financial Details

  • The owner pays for insurance, real estate taxes
  • Assessor Parcel Number 2-1C50-15

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Chambersburg Borough Subdivision

Building Details

  • Operating Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,497

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: Investment opportunity for this side by side duplex in the borough at 375-377 East King St.. Both sides currently rented and grossing $1,275 per month. Tenants pay utilities.
  • Special Assessment Payment: Annually
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Connecting Stairway
  • Street Number Modifier: 375

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 9250.00
  • Land Assessed Value: 980.00
  • Lot Size Acres: 0.14
  • Lot Size Area: 6098
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Property Attached Yn: Yes
  • Year Assessed: 1961
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Insurance, Taxes - Real Estate
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10707436
  • Tax Annual Amount: 1496.85
  • Assessor Parcel Number: 2-1C50-15
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 05/26/2016

Multi Family

  • Gross Income: 15300.00
  • Operating Expense: 1200.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2014
Closed on
May 26, 2016
Sold by
Frey Jamie R
Bought by
Pravana Llc
Seller's Agent
Matt Kellam
Help-U-Sell Keystone Realty, LLC
Buyer's Agent
Enrico Scotto Di Carlo
Help-U-Sell Keystone Realty, LLC
List Price
$120,000
Sold Price
$90,000
Premium/Discount to List
-$30,000
-25%
Current Estimated Value
$175,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,341
Avg. Annual Appreciation
6.80%
Original Mortgage
$76,500
Interest Rate
3.58%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 29, 2012
Sold by
Sugar Maple Investments Llc
Bought by
Frey Jamie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.88%
Mortgage Type
Purchase Money 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 $90,000 Attorney
Frey Jamie R $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pravana Llc $70,000
Closed Pravana Llc $76,500
Previous Owner Frey Jamie R $90,000
Previous Owner Fogal Richard A $206,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2016 05/26/16 Sold $90,000 -25.0% --
04/13/2016 04/13/16 Pending -- -- --
10/14/2014 10/14/14 For Sale $120,000 0.0% --
11/15/2012 11/15/12 Rented $625 0.0% --
11/02/2012 11/02/12 Under Contract -- -- --
10/17/2012 10/17/12 For Rent $625 -- --
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 $1,514 $10,230 $980 $9,250
2024 $1,947 $10,230 $980 $9,250
2023 $1,897 $10,230 $980 $9,250
2022 $1,845 $10,230 $980 $9,250
2021 $1,835 $10,230 $980 $9,250
2020 $1,795 $10,230 $980 $9,250
2019 $1,742 $10,230 $980 $9,250
2018 $1,689 $10,230 $980 $9,250
2017 $1,591 $10,230 $980 $9,250
2016 $293 $10,230 $980 $9,250
2015 $273 $10,230 $980 $9,250
2014 $273 $10,230 $980 $9,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000209401

Bright MLS

APN: 02-1C50-015-000000