NOT LISTED FOR SALE

401 W Main St Palmyra, PA 17078

Estimated Value: $248,957 - $358,000

-- Bed
3 Baths
2,260 Sq Ft
$135/Sq Ft Est. Value

Last Sold November 08, 2013

Last sale price $120,000 $53 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $1,926/month

125 Days on Market

Highlights

  • No HOA
  • Palmyra Area Senior High School Rated 9+
  • Radiator

About This Home

As of November 2013

Investors take notice! Well maintained 2 unit - 1 BR each - apt. building, great condition. Several improvements throughout, updated electric, off st. parking, great cash flow. Call today!

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.26

Parking

  • Off-Street Parking

Home Design

  • Converted Dwelling
  • Poured Concrete
  • Shingle Roof
  • Composition Roof
  • Metal Roof
  • Vinyl Siding

Attic

  • Storage In Attic

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Radiator
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Washer and Dryer Hookup
  • 0.26 Acre Lot

Listing and Financial Details

  • Tenant pays for hot water, sewer, trash removal, electricity, water
  • Assessor Parcel Number 16-2288855-356029

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Storage: Attic, Basement
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Full, Outside Entrance, Walkout Level

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Composite, Shingle, Metal
  • 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
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Type: Radiator, Oil
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.26
  • Zoning: RA
  • Zoning Description: Res/Multi-Family

Rental Info

  • Tenant Pays: Hot Water, Sewer, Trash Removal, Electricity, Water
  • Vacation Rental: No

Multi Family

  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

Tax Info

  • Assessor Parcel Number: 16-2288855-356029
  • County Tax Payment Frequency: Annually

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2013
Closed on
Nov 8, 2013
Sold by
Neiswender Kenneth R and Neiswender Heidi L
Bought by
Friendship Apartments & Rentals Llc
List Price
$164,900
Sold Price
$120,000
Premium/Discount to List
-$44,900
-27.23%
Current Estimated Value
$304,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,239
Avg. Annual Appreciation
8.01%
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
Friendship Apartments & Rentals Llc $120,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2013 11/08/13 Sold $120,000 -27.2% $53 / Sq Ft
10/06/2013 10/06/13 Pending -- -- --
06/03/2013 06/03/13 For Sale $164,900 -- $73 / 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 $3,912 $136,900 $33,700 $103,200
2024 $3,456 $136,900 $33,700 $103,200
2023 $3,456 $136,900 $33,700 $103,200
2022 $3,297 $136,900 $33,700 $103,200
2021 $3,065 $136,900 $33,700 $103,200
2020 $3,026 $136,900 $33,700 $103,200
2019 $2,961 $136,900 $33,700 $103,200
2018 $2,867 $136,900 $33,700 $103,200
2017 $849 $136,900 $33,700 $103,200
2016 $2,692 $136,900 $33,700 $103,200
2015 -- $136,900 $33,700 $103,200
2014 -- $136,900 $33,700 $103,200
Source: Public Records

Map

Source: Bright MLS

MLS Number: 1002729417

Bright MLS

APN: 16-2288855-356029-0000

Pennsylvania Lebanon County Palmyra 17078

401 W Main St, Palmyra, PA

Not Listed for Sale

MultiFamily

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