NOT LISTED FOR SALE

409 Main St Denver, PA 17517

Estimated Value: $286,000 - $338,000

Studio
2 Baths
2,366 Sq Ft
$128/Sq Ft Est. Value

Last Sold May 18, 2016

Last sale price $137,000 $58 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $1,947/month

11 Days on Market

About This Home

As of May 2016

Great opportunity for a 2 unit investment property with separate utilities. Net income of over $11,000. Tenant pays all expenses. Two 2 bedroom, 1 full bath with living room and kitchen. Second floor apartment also includes finished third floor.

Last Agent to Sell the Property

Craig Hartranft

(717) 917-9619 chtbuyeragents@homesale.com Berkshire Hathaway HomeServices Homesale Realty License #RS178558L Listed on: 03/21/2016

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Timothy Shreiner

(717) 560-8496 shreinergroup@homesale.com Berkshire Hathaway HomeServices Homesale Realty License #RS187003L

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 59x68x58x67

Parking

  • On-Street Parking

Home Design

  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Laundry

  • Washer and Dryer Hookup

Attic

  • Storage In Attic

Schools

  • Adamstown Elementary School
  • Cocalico Middle School
  • Cocalico High School

Utilities

  • Heating Available
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for heat, hot water, sewer, trash removal, electricity, water
  • Assessor Parcel Number 1407170400000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Denver Subdivision

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,029
  • Operating Expense $1,029
  • Net Operating Income $11,282

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • New Construction: No
  • Storage: Attic, Basement
  • Year Built: 1900
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Unfinished

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Composite, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Type: Electric, Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: ADAMSTOWN E.S.
  • High School: COCALICO
  • Middle Or Junior School: COCALICO

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 59x68x58x67
  • Property Attached Yn: Yes
  • Zoning Description: Residential
  • In City Limits: Yes

Rental Info

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

Tax Info

  • School Tax: 3003.11
  • Tax Annual Amount: 3889.44
  • Assessor Parcel Number: 1407170400000
  • County Tax Payment Frequency: Annually

Multi Family

  • Gross Income: 16200.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 1029.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: COCALICO

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2016
Closed on
May 18, 2016
Sold by
Potts Wilbur L and Potts Lydia B
Bought by
Brubaker Nicholas R and Brubaker Robert L
Seller's Agent
Craig Hartranft
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Timothy Shreiner
Berkshire Hathaway HomeServices Homesale Realty
List Price
$150,000
Sold Price
$137,000
Premium/Discount to List
-$13,000
-8.67%
Current Estimated Value
$303,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,998
Avg. Annual Appreciation
8.56%
Original Mortgage
$102,000
Outstanding Balance
$81,013
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$222,985

Purchase Details

Closed on
Oct 15, 2002
Sold by
Snyder Curtis L and Snyder Bethley A
Bought by
Potts Wilbur L and Potts Lydia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.09%
Source: Public Records
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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
Brubaker Nicholas R $137,000 None Available
Potts Wilbur L $100,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brubaker Nicholas R $102,000
Previous Owner Potts Wilbur L $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2016 05/18/16 Sold $137,000 -8.7% $58 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $150,000 -- $63 / 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 $4,423 $165,000 $27,400 $137,600
2024 $4,423 $165,000 $27,400 $137,600
2023 $4,245 $165,000 $27,400 $137,600
2022 $4,071 $165,000 $27,400 $137,600
2021 $4,028 $165,000 $27,400 $137,600
2020 $4,028 $165,000 $27,400 $137,600
2019 $3,982 $165,000 $27,400 $137,600
2018 $3,084 $165,000 $27,400 $137,600
2017 $3,909 $131,600 $28,900 $102,700
2016 $3,889 $131,600 $28,900 $102,700
2015 $886 $131,600 $28,900 $102,700
2014 $2,937 $131,600 $28,900 $102,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002738027

Bright MLS

APN: 140-71704-0-0000