NOT LISTED FOR SALE

402 N Railroad St Palmyra, PA 17078

Estimated Value: $329,000 - $418,000

-- Bed
3 Baths
3,662 Sq Ft
$106/Sq Ft Est. Value

Last Sold August 24, 2023

Last sale price $359,900 $98 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,554/month

68 Days on Market

Highlights

  • Traditional Architecture
  • Engineered Wood Flooring
  • Parking Storage or Cabinetry
  • Palmyra Area Senior High School Rated 9+
  • 2 Car Direct Access Garage
  • 2-minute walk to Club Fido

About This Home

As of August 2023

Location, location, location. Motivated Seller! There is not a sign on the property! Live in one unit and rent out the others! SO MANY POSSIBILITIES! Welcome to this 3 unit home in Palmyra which offers an excellent investment opportunity! This corner property offers Apt #402B-1/2 house 3br 2ba $650 (long term tenant of 60+ years, sellers mother- would like to stay!) Apt #402-2br 1.5 ba $700 month to month Apt #402A-1br 1ba $650 vacant. Owner pays heat, water, sewer, and trash. This home is centrally located and close to all the amenities of Palmyra. To top it off, this home also has a garage that could be rented out as well. Come check out this opportunity today!

Last Agent to Sell the Property

Jackie Kupstas

(717) 222-7702 jackiekupstas@gmail.com Iron Valley Real Estate of Central PA License #RS357408 Listed on: 05/12/2023

Iron Valley Real Estate of Central PA

Last Buyer's Agent

Jonathan Wyse

(717) 507-2443 wyserealestate@gmail.com Coldwell Banker Realty License #RS322524

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,285

Year Built

  • Built in 1890

Lot Details

  • 0.29 Acre Lot
  • Property is in good condition

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • 2 Off-Street Spaces
  • Parking Storage or Cabinetry
  • Rear-Facing Garage
  • On-Street Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Combination Foundation
  • Stone Foundation

Flooring

  • Engineered Wood
  • Carpet
  • Laminate
  • Vinyl

Schools

  • Northside Elementary School
  • Palmyra Area Middle School
  • Palmyra Area High School

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for heat, sewer, water, trash collection
  • Assessor Parcel Number 16-2289221-358922-0000

Community Details

Overview

  • 3 Units
  • 2-Story Building

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,285

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Unit 402 B - tenant owned appliances, tenant window unit air conditioners, tenants personal property
  • Historic: No
  • Inclusions: Unit 402- oven/stove, refrigerator/unit 402 A - oven/stove, refrigerator
  • New Construction: No
  • Expected On Market: 2023-05-12
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Carpet, Engineered Wood, Laminated, Vinyl
  • Fireplace: No
  • Foundation Details: Stone
  • Room Count: 12
  • Basement: Yes
  • Basement Type: Combination
  • Total Sq Ft: 7324
  • Living Area Sq Ft: 3662
  • Price Per Sq Ft: 98.28
  • Above Grade Finished Sq Ft: 3662
  • Above Grade Unfinished Sq Ft: 3662
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 402

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • 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 Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry, Additional Storage Area, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway, Off Street, On Street
  • Number of Spaces in Driveway: 2
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable, DSL

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: PALMYRA AREA
  • Elementary School: NORTHSIDE
  • Middle School: PALMYRA AREA
  • High School: PALMYRA AREA
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397383
  • School District Source: Listing Agent
  • Elementary School: NORTHSIDE
  • High School: PALMYRA AREA
  • Middle Or Junior School: PALMYRA AREA

Lot Info

  • Land Use Code: 103
  • Lot Size Acres: 0.29
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12632.00
  • Property Condition: Good
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 3
  • Owner Pays: Heat, Sewer, Water, Trash Collection
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 3611.00
  • Tax Annual Amount: 5285.00
  • Assessor Parcel Number: 16-2289221-358922-0000
  • Tax Total Finished Sq Ft: 3662
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 08/24/2023

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: PALMYRA AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Aug 24, 2023
Sold by
Keller Dale R and Keller Laurie L
Bought by
Fisher Ivan S and Fisher Barbara E
Seller's Agent
Jackie Kupstas
Iron Valley Real Estate of Central PA
Buyer's Agent
Jonathan Wyse
Coldwell Banker Realty
List Price
$359,900
Sold Price
$359,900
Views
105
Current Estimated Value
$389,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,824
Avg. Annual Appreciation
3.72%
Original Mortgage
$159,900
Outstanding Balance
$156,357
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$233,367
Source: Public Records

Range of Values:

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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
Fisher Ivan S $359,900 None Listed On Document
Fisher Ivan S $359,900 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher Ivan S $159,900
Closed Fisher Ivan S $159,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2023 08/24/23 Sold $359,900 0.0% $98 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $359,900 0.0% $98 / Sq Ft
06/15/2023 06/15/23 Off Market $359,900 -- --
06/04/2023 06/04/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $359,900 -- $98 / 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 $6,124 $214,300 $42,700 $171,600
2024 $5,410 $214,300 $42,700 $171,600
2023 $5,410 $214,300 $42,700 $171,600
2022 $5,161 $214,300 $42,700 $171,600
2021 $4,797 $214,300 $42,700 $171,600
2020 $4,737 $214,300 $42,700 $171,600
2019 $4,635 $214,300 $42,700 $171,600
2018 $4,488 $214,300 $42,700 $171,600
2017 $1,329 $214,300 $42,700 $171,600
2016 $4,214 $214,300 $42,700 $171,600
2015 -- $214,300 $42,700 $171,600
2014 -- $214,300 $42,700 $171,600
Source: Public Records

Agents Affiliated with this Home

  • Jackie Kupstas

    Seller's Agent in 2023

    Jackie Kupstas

    Iron Valley Real Estate of Central PA

    (717) 222-7702

    2 in this area

    17 Total Sales

    Jackie Kupstas
    Section Image
  • Jonathan Wyse

    Buyer's Agent in 2023

    Jonathan Wyse

    Coldwell Banker Realty

    (717) 507-2443

    4 in this area

    129 Total Sales

    Jonathan Wyse
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PALN2009790

Bright MLS

APN: 16-2289221-358922-0000

Pennsylvania Lebanon County Palmyra 17078

402 N Railroad St, Palmyra, PA

This home is located at 402 N Railroad St, Palmyra, PA 17078 since 12 May 2023 and is currently estimated at $389,724, approximately $106 per square foot. This property was built in 1890. 402 N Railroad St is a home located in Lebanon County with nearby schools including Palmyra Area Senior High School and St. Joan of Arc Elementary School.

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