NOT LISTED FOR SALE

400 E Maple St Palmyra, PA 17078

Estimated Value: $546,675

Studio
-- Bath
3,205 Sq Ft
$171/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $429,900 $134 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,309/month

25 Days on Market

Highlights

  • 0.51 Acre Lot
  • Corner Lot
  • More Than Two Accessible Exits
  • Palmyra Area Senior High School Rated A-
  • Porch
  • 2-minute walk to Heritage Park

About This Home

As of September 2022

Here is your chance to own an incredible income producing multi-unit in the heart of the highly sought after, Palmyra! Don't miss this opportunity to start or add on to your portfolio. 3 great looking residential units and 1 updated commercial space, currently usable as a salon. Units A & C have been updated recently as well, with fresh floors, paint, and to add to that brand new roof! This one is ready to make you money!

Last Agent to Sell the Property

Sean Adams

(717) 617-8225 seanadams@kw.com Keller Williams Realty License #RS343091 Listed on: 07/12/2022

Keller Williams Realty

Last Buyer's Agent

Kate Mardis

(717) 587-0649 realestatekate1@yahoo.com Iron Valley Real Estate of Lancaster License #5001114

Iron Valley Real Estate of Lancaster

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,765

Year Built

  • Built in 1950 | Remodeled in 2020

Lot Details

  • 0.51 Acre Lot
  • Corner Lot
  • Property is in very good condition

Home Design

  • Quadruplex
  • Converted Dwelling
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof

Parking

  • 4 Parking Spaces
  • 4 Off-Street Spaces
  • Gravel Driveway
  • On-Street Parking

Accessible Home Design

  • Chairlift
  • More Than Two Accessible Exits

Outdoor Features

  • Shed
  • Porch

Schools

  • Palmyra Area High School

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Electric Baseboard Heater
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 16-2292250-357186-0000

Community Details

Overview

  • 4 Units

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals, professional offices
  • Gross Income $57,000
  • Net Operating Income $43,010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,765

Year Built

Built in 1950 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Architectural Style: Converted Dwelling
  • Accessibility Features: 2+ Access Exits, Chairlift
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1950
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3205
  • Living Area Sq Ft: 3205
  • Price Per Sq Ft: 174.97
  • Above Grade Finished Sq Ft: 2457
  • Below Grade Finished Sq Ft: 748
  • Total Below Grade Sq Ft: 748
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Roof: Composite, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Crushed Stone
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street, On Street
  • Off Street Parking Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Baseboard - Electric, Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Schools

  • School District Source: Listing Agent
  • High School: PALMYRA AREA

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 109200.00
  • Land Assessed Value: 88700.00
  • Lot Features: Corner
  • Lot Size Acres: 0.51
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22216.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Average, Good, Very Good
  • Zoning: MIXED COMMERCIAL/RESIDENT

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10320471
  • School Tax: 3219.00
  • Tax Annual Amount: 4765.00
  • Assessor Parcel Number: 16-2292250-357186-0000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

Multi Family

  • Number Of Units Vacant: 1
  • Gross Scheduled Income: 57000.00
  • Income Includes: Apartment Rentals, Professional Offices

MLS Schools

  • School District Name: PALMYRA AREA

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Sep 19, 2022
Sold by
Hellenthal Chad L and Hellenthal Stacy M
Bought by
Kennedy Adam
Seller's Agent
Sean Adams
Keller Williams Realty
Buyer's Agent
Kate Mardis
Iron Valley Real Estate of Lancaster
List Price
$429,900
Sold Price
$429,900
Current Estimated Value
$546,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,775
Avg. Annual Appreciation
7.44%
Original Mortgage
$422,112
Outstanding Balance
$402,887
Interest Rate
5.13%
Mortgage Type
FHA
Estimated Equity
$143,788
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Kennedy Adam $429,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy Adam $422,112
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2022 09/23/22 Sold $429,900 0.0% $134 / Sq Ft
08/06/2022 08/06/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $429,900 -- $134 / 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 $5,655 $197,900 $88,700 $109,200
2024 $4,996 $197,900 $88,700 $109,200
2023 $601 $197,900 $88,700 $109,200
2022 $573 $197,900 $88,700 $109,200
2021 $533 $197,900 $88,700 $109,200
2020 $4,374 $197,900 $88,700 $109,200
2019 $4,280 $197,900 $88,700 $109,200
2018 $4,145 $197,900 $88,700 $109,200
2017 $1,227 $197,900 $88,700 $109,200
2016 $3,891 $197,900 $88,700 $109,200
2015 -- $197,900 $88,700 $109,200
2014 -- $197,900 $88,700 $109,200
Source: Public Records

Agents Affiliated with this Home

  • Sean Adams

    Seller's Agent in 2022

    Sean Adams

    Keller Williams Realty

    (717) 617-8225

    5 in this area

    51 Total Sales

    Sean Adams
    Section Image
  • Kate Mardis

    Buyer's Agent in 2022

    Kate Mardis

    Iron Valley Real Estate of Lancaster

    (717) 587-0649

    1 in this area

    71 Total Sales

    Kate Mardis
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PALN2006062

Bright MLS

APN: 16-2292250-357186-0000

Pennsylvania Lebanon County Palmyra 17078

400 E Maple St, Palmyra, PA

Not Listed for Sale

MultiFamily

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