NOT LISTED FOR SALE

Estimated Value: $184,000 - $263,000

Studio
2 Baths
2,540 Sq Ft
$84/Sq Ft Est. Value

Last Sold January 14, 2021

Last sale price $91,075 $36 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $1,568/month

3 Days on Market

Highlights

  • 0.17 Acre Lot
  • No HOA
  • Property is in very good condition
  • Federal Architecture
  • 90% Forced Air Heating System
  • 1-minute walk to Broad Street Greenway

About This Home

As of January 2021

Get your real estate portfolio started on the right foot with this true duplex!! This property is a standalone building with two 3-bedroom townhouses. Fully rented with long term tenants. Property is currently operating at a true 8.9% Cap Rate with professional management and plenty of upside! This won't last long, call today!

Last Agent to Sell the Property

David Hyson

(717) 870-8213 davehyson1@gmail.com Howard Hanna Real Estate Services-York Listed on: 11/02/2020

Howard Hanna Real Estate Services-York

Co-Listed By

Brenda Ortiz

(717) 825-5214 brendanealortiz22@gmail.com Coldwell Banker Realty License #RS349972

Last Buyer's Agent

David Rohrman

(717) 501-1432 findyourhomeinpa@gmail.com Keller Williams Keystone Realty

Keller Williams Keystone Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 7,602 Sq Ft Lot
  • Property is in very good condition

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Federal Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,540 Sq Ft Home
  • Basement Fills Entire Space Under The House

Location

  • Urban Location

Schools

  • William Penn High School

Utilities

  • 90% Forced Air Heating System
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for management, insurance, repairs, real estate taxes
  • Tax Lot 0009
  • Assessor Parcel Number 10-260-02-0009-00-00000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 2-Story Building

Building Details

  • Income includes apartment rentals
  • Insurance Expense $550
  • Manager Expense $1,224
  • Operating Expense $6,060
  • Gross Income $14,535
  • Net Operating Income $8,475

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • Exclusions: Tenants' Personal Property
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2020-11-02
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2540
  • Living Area Sq Ft: 2540
  • Price Per Sq Ft: 37.36
  • Above Grade Finished Sq Ft: 2540
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air, Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Professional Management Expense: 1224.00

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: WILLIAM PENN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7602.00
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Owner Pays: Management, Insurance, Repairs, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 15300.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10771777
  • School Tax: 2748.00
  • Tax Annual Amount: 4693.00
  • Assessor Parcel Number: 10-260-02-0009-00-00000
  • Tax Lot: 0009
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Gross Income: 14535.00
  • Gross Scheduled Income: 14535.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 6059.60
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: YORK CITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2022
Sold by
Integrity First Home Buyers Llc
Bought by
George Nathan
Current Estimated Value
$214,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$172,047
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$42,566

Purchase Details

Listed on
Nov 2, 2020
Closed on
Jan 14, 2021
Sold by
Premier Home Solutions Llc
Bought by
Integrity First Home Buyers Llc
Seller's Agent
David Hyson
Howard Hanna Real Estate Services-York
Buyer's Agent
David Rohrman
Keller Williams Keystone Realty
List Price
$94,900
Sold Price
$91,075
Premium/Discount to List
-$3,825
-4.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.78%

Purchase Details

Closed on
Oct 29, 2020
Sold by
Lake Ronald B
Bought by
Primer Home Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 1988
Sold by
Grove Kurvin H and Grove Brenda A
Bought by
Lake Ronald B and Lake Esther J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
George Nathan $240,000 --
Integrity First Home Buyers Llc $91,075 Deedworks Title
Primer Home Solutions Llc $55,000 Deedworks Title
Lake Ronald B $41,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open George Nathan $180,000
Previous Owner Primer Home Solutions Llc $61,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2021 01/14/21 Sold $91,075 -4.0% $36 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
11/02/2020 11/02/20 For Sale $94,900 -- $37 / 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 $5,356 $84,770 $10,520 $74,250
2024 $5,263 $84,770 $10,520 $74,250
2023 $5,263 $84,770 $10,520 $74,250
2022 $4,826 $78,180 $10,520 $67,660
2021 $4,693 $78,180 $10,520 $67,660
2020 $4,582 $78,180 $10,520 $67,660
2019 $4,574 $78,180 $10,520 $67,660
2018 $4,574 $78,180 $10,520 $67,660
2017 $4,635 $78,180 $10,520 $67,660
2016 -- $78,180 $10,520 $67,660
2015 $4,583 $78,180 $10,520 $67,660
2014 $4,583 $78,180 $10,520 $67,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAYK148266

Bright MLS

APN: 10-260-02-0009.00-00000