NOT LISTED FOR SALE

415 Locust St Columbia, PA 17512

Estimated Value: $466,333

-- Bed
-- Bath
2,730 Sq Ft
$171/Sq Ft Est. Value

Last Sold July 17, 2015

Last sale price $256,500 $94 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,325/month

13 Days on Market

About This Home

As of July 2015

All brick mixed use property in the heart of downtown Columbia. 6 residential units on 2nd and 3rd floor. All pay their own heat and unit electric. 1st floor commercial space is huge with rear access and easy loading. Paved OSP for 9. Quality building. 7th Unit is a 3rd floor efficiency rented for $410/mon. Same size and appliances as unit 6.

Last Agent to Sell the Property

Jeffrey Seibert

Keller Williams Elite Listed on: 05/21/2015

Keller Williams Elite

Last Buyer's Agent

Matt Martin

Farm Folk License #RS227593L

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 30' x 195'

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Poured Concrete
  • Rubber Roof

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Parking

  • 9 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Schools

  • Park Elementary School
  • Columbia Middle School
  • Columbia High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for heat, electricity
  • Assessor Parcel Number 110-2531100000

Community Details

Overview

  • No Home Owners Association
  • 7 Units
  • Downtown Columbia Subdivision

Building Details

  • Income includes apartment rentals, professional offices
  • Electric Expense $1,080
  • Fuel Expense $960
  • Insurance Expense $2,085
  • Trash Expense $720
  • Operating Expense $7,605
  • Net Operating Income $27,132

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • Current Use: Office
  • New Construction: No
  • Storage: Basement
  • Year Built: 1900
  • Remarks Public: All brick mixed use property in the heart of downtown Columbia. 6 residential units on 2nd and 3rd floor. All pay their own heat and unit electric. 1st floor commercial space is huge with rear access and easy loading. Paved OSP for 9. Quality building. 7th Unit is a 3rd floor efficiency rented for $410/mon. Same size and appliances as unit 6.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Full, Outside Entrance, Unfinished
  • Street Number Modifier: 415

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Exterior Features: Fire Escape
  • Roof: Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Spaces Total: 9.00
  • Type Of Parking: Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Electric Expense: 1080.00
  • Electric Service: 100 Amp Service, 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard, Hot Water
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 2760.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: COLUMBIA BOROUGH
  • Elementary School: PARK E.S.
  • Middle School: COLUMBIA
  • High School: COLUMBIA
  • School District Key: 300200397373
  • Elementary School: PARK E.S.
  • High School: COLUMBIA
  • Middle Or Junior School: COLUMBIA

Lot Info

  • Land Use Code: Commercial
  • Lot Size Acres: 0.13
  • Lot Dimensions: 30' x 195'
  • Zoning: DC
  • Zoning Description: Commercial,Historic District
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Heat, Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3993503
  • School Tax: 5594.88
  • Tax Annual Amount: 7923.10
  • Assessor Parcel Number: 110-2531100000
  • County Tax Payment Frequency: Annually
  • Close Date: 07/17/2015

Multi Family

  • Fuel Expense: 960.00
  • Gross Income: 42660.00
  • Income Includes: Apartment Rentals, Professional Offices
  • Metering: Fully Separate
  • Operating Expense: 7605.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: COLUMBIA BOROUGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2015
Closed on
Jul 17, 2015
Sold by
Will Christopher E and Will Rebekah L
Bought by
Burmar Real Estate Llc
Seller's Agent
Jeffrey Seibert
Keller Williams Elite
Buyer's Agent
Matt Martin
Farm Folk
List Price
$264,900
Sold Price
$256,500
Premium/Discount to List
-$8,400
-3.17%
Current Estimated Value
$466,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,833
Avg. Annual Appreciation
4.92%
Original Mortgage
$205,200
Interest Rate
3.88%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 29, 2008
Sold by
Schuch Stephen M and Schuch Debra A
Bought by
Will Christopher E and Will Rebekah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.57%
Mortgage Type
Commercial
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
Burmar Real Estate Llc $256,500 None Available
Will Christopher E $220,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burmar Real Estate Llc $700,000
Closed Burmar Real Estate Llc $202,700
Closed Burmar Real Estate Llc $205,200
Previous Owner Will Christopher E $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2015 07/17/15 Sold $256,500 -3.2% $94 / Sq Ft
06/03/2015 06/03/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $264,900 -- $97 / 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 $9,403 $251,600 $46,900 $204,700
2024 $9,403 $251,600 $46,900 $204,700
2023 $9,403 $251,600 $46,900 $204,700
2022 $9,403 $251,600 $46,900 $204,700
2021 $9,403 $251,600 $46,900 $204,700
2020 $9,403 $251,600 $46,900 $204,700
2019 $9,241 $251,600 $46,900 $204,700
2018 $9,989 $251,600 $46,900 $204,700
2017 $8,149 $198,400 $16,800 $181,600
2016 $8,149 $198,400 $16,800 $181,600
2015 $2,328 $198,400 $16,800 $181,600
2014 $5,595 $198,400 $16,800 $181,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002735899

Bright MLS

APN: 110-25311-0-0000