NOT LISTED FOR SALE

40 S Main St Chambersburg, PA 17201

Estimated Value: $356,611

-- Bed
-- Bath
4,577 Sq Ft
$78/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $265,000 $58 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,286/month

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Downtown Location
  • 5-minute walk to Chambersburg Rail Trail

About This Home

As of March 2021

Fully renovated - new kitchens, appliances, bathrooms. Master Keys. Tenants have sub-meters. Hardwood flooring . Store Front has Security System (needs connected), Central Air, and full basement. Property located along walk way to public parking area. Central core zoning. 3 Apartments - ( 2 Two bedroom units, 1 One bedroom unit ) and 1 Commercial Store Front. Rents are market value but could be increased. Numbers are from 2019 tax returns, 2020 numbers are improved. Renovated in 2008-2009.

Last Agent to Sell the Property

Darlene Gontz

Coldwell Banker Realty License #AB045869A Listed on: 12/10/2020

Coldwell Banker Realty

Last Buyer's Agent

Selena Jetnarayan

Cedar Spring Realty License #RS333372

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,926

Year Built

  • Built in 1900 | Remodeled in 2008

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 23' x 134'
  • Downtown Location
  • Property is in very good condition

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Wood Flooring
  • Basement Fills Entire Space Under The House

Parking

  • On-Street Parking
  • Parking Lot

Schools

  • Chambersburg Area Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 3-1C57-56A

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Insurance Expense $1,656
  • Operating Expense $1,257
  • Net Operating Income $28,366

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,926

Year Built

Built in 1900 | Remodeled in 2008

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Year Renovated: 2008
  • Automatically Close On Close Date: No
  • Remarks Public: Fully renovated - new kitchens, appliances, bathrooms. Master Keys. Tenants have sub-meters. Hardwood flooring . Store Front has Security System (needs connected), Central Air, and full basement. Property located along walk way to public parking area. Central core zoning. 3 Apartments - ( 2 Two bedroom units, 1 One bedroom unit ) and 1 Commercial Store Front. Rents are market value but could be increased. Numbers are from 2019 tax returns, 2020 numbers are improved. Renovated in 2008-2009.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Hardwood
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 6177
  • Living Area Sq Ft: 4577
  • Price Per Sq Ft: 57.90
  • Above Grade Finished Sq Ft: 4577
  • Below Grade Sq Ft: 1600
  • Total Below Grade Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40-42

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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

  • HOA: No

Schools

  • School District: CHAMBERSBURG AREA
  • High School: CHAMBERSBURG AREA SENIOR
  • High School Source: Listing Agent
  • School District Key: 300200396543
  • School District Source: Listing Agent
  • High School: CHAMBERSBURG AREA SENIOR

Lot Info

  • Improvement Assessed Value: 6060.00
  • Land Assessed Value: 5130.00
  • Lot Size Acres: 0.07
  • Lot Dimensions: 23' x 134'
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.20
  • Property Condition: Very Good
  • Zoning: CC

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 33205.00
  • Operating Expense: 1257.00

Tax Info

  • Tax Annual Amount: 1926.00
  • Assessor Parcel Number: 3-1C57-56A
  • Tax Year: 2019
  • Close Date: 03/05/2021

MLS Schools

  • School District Name: CHAMBERSBURG AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2020
Closed on
Mar 5, 2021
Sold by
Old Liberty Land And Development Co Lp
Bought by
Lamb Holdings Llc
Seller's Agent
Darlene Gontz
Coldwell Banker Realty
Buyer's Agent
Selena Jetnarayan
Cedar Spring Realty
List Price
$265,000
Sold Price
$265,000
Current Estimated Value
$356,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,611
Avg. Annual Appreciation
6.79%
Source: Public Records

Range of Values:

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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
Lamb Holdings Llc $265,000 Paramount Closings Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamb Holdings Llc $268,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $265,000 0.0% $58 / Sq Ft
12/17/2020 12/17/20 Pending -- -- --
12/10/2020 12/10/20 For Sale $265,000 -- $58 / 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 $4,626 $23,320 $5,130 $18,190
2024 $4,438 $23,320 $5,130 $18,190
2023 $4,324 $23,320 $5,130 $18,190
2022 $4,205 $23,320 $5,130 $18,190
2021 $2,007 $11,190 $5,130 $6,060
2020 $1,963 $11,190 $5,130 $6,060
2019 $1,906 $11,190 $5,130 $6,060
2018 $1,847 $11,190 $5,130 $6,060
2017 $1,740 $11,190 $5,130 $6,060
2016 $321 $11,190 $5,130 $6,060
2015 $299 $11,190 $5,130 $6,060
2014 $299 $11,190 $5,130 $6,060
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Darlene Gontz

    Coldwell Banker Realty

    Section Image
  • Selena Jetnarayan

    Buyer's Agent in 2021

    Selena Jetnarayan

    Cedar Spring Realty

    (717) 830-8377

    16 in this area

    94 Total Sales

    Selena Jetnarayan
    Section Image
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Map

Source: Bright MLS

MLS Number: PAFL177052

Bright MLS

APN: 03-1C57-056A-000000

Pennsylvania Franklin County Chambersburg 17201

40 S Main St, Chambersburg, PA

This home is located at 40 S Main St, Chambersburg, PA 17201 since 10 December 2020 and is currently estimated at $356,611, approximately $77 per square foot. This property was built in 1900. 40 S Main St is a home located in Franklin County with nearby schools including Chambersburg Area Middle School - North, Chambersburg Area Senior High School, and Cumberland Valley Christian School.

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