NOT LISTED FOR SALE

42 N Market St Elizabethtown, PA 17022

Estimated Value: $466,772

-- Bed
-- Bath
2,422 Sq Ft
$193/Sq Ft Est. Value

Last Sold December 20, 2013

Last sale price $225,000 $93 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,097/month

79 Days on Market

Highlights

  • No HOA
  • Central Air
  • Baseboard Heating
  • Outdoor Storage

About This Home

As of December 2013

Beautiful 4 unit bldg has been redone top to bottom. 3-1/2 bedrm apts & commercial space. Commercial has heat pump & handicap ramp & handicap bath. Upstairs apts have 1 or 2 bedrms depending on use.

Last Agent to Sell the Property

Lethea Myers

(717) 572-9513 LMyers@embarqmail.com Berkshire Hathaway HomeServices Homesale Realty License #AB051376L Listed on: 08/29/2013

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Gary Schlectic

(717) 381-7707 gschlectic@homesale.com Berkshire Hathaway HomeServices Homesale Realty

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,444

Year Built

  • Built in 1920

Lot Details

  • 3,920

Home Design

  • Duplex
  • Converted Dwelling
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof
  • Rubber Roof

Attic

  • Storage In Attic

Parking

  • 3 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Schools

  • Elizabethtown Area Middle School
  • Elizabethtown Area High School

Utilities

  • Central Air
  • Baseboard Heating
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Washer and Dryer Hookup
  • Basement Fills Entire Space Under The House
  • Outdoor Storage
  • 3,920 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for heat, electricity
  • Assessor Parcel Number 2500119700000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Income includes apartment rentals, professional offices
  • Insurance Expense $900
  • Trash Expense $303
  • Operating Expense $3,603
  • Net Operating Income $21,053

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,444

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Converted Dwelling
  • Current Use: Office
  • New Construction: No
  • Storage: Attic, Basement
  • Year Built: 1920
  • Remarks Public: Beautiful 4 unit bldg has been redone top to bottom. 3-1/2 bedrm apts & commercial space. Commercial has heat pump & handicap ramp & handicap bath. Upstairs apts have 1 or 2 bedrms depending on use.
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Street Number Modifier: 42-48

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Exterior Features: Secure Storage
  • Roof: Composite, Shingle, 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: 3.00
  • Type Of Parking: Off Street, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 200+ Amp Service
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 2400.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: ELIZABETHTOWN AREA
  • Middle School: ELIZABETHTOWN AREA
  • High School: ELIZABETHTOWN AREA
  • School District Key: 300200397451
  • High School: ELIZABETHTOWN AREA
  • Middle Or Junior School: ELIZABETHTOWN AREA

Lot Info

  • Land Use Code: R-113
  • Lot Size Acres: 0.09
  • Property Attached Yn: Yes
  • Zoning Description: Commercial,Res/Multi-Family
  • In City Limits: Yes

Rental Info

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

Tax Info

  • School Tax: 2985.84
  • Tax Annual Amount: 4443.71
  • Assessor Parcel Number: 2500119700000
  • County Tax Payment Frequency: Annually
  • Close Date: 12/20/2013

Multi Family

  • Gross Income: 29100.00
  • Income Includes: Apartment Rentals, Professional Offices
  • Metering: Fully Separate
  • Operating Expense: 3603.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: ELIZABETHTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2013
Closed on
Dec 19, 2013
Sold by
Fantom Kevin and Fantom Jane
Bought by
Prrg Llc
Seller's Agent
Lethea Myers
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Gary Schlectic
Berkshire Hathaway HomeServices Homesale Realty
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%
Current Estimated Value
$466,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,772
Avg. Annual Appreciation
6.35%
Original Mortgage
$180,000
Outstanding Balance
$135,277
Interest Rate
4.35%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$331,495

Purchase Details

Closed on
Dec 17, 2008
Sold by
Preston Steven C
Bought by
Fantom Kevin and Fantom Felicia

Purchase Details

Closed on
Mar 18, 2008
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Jun 27, 2007
Sold by
Defrank Morris P and Defrank Diane V
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Dec 19, 2002
Sold by
Smith John H and Smith Eileen G
Bought by
Defrank Morris P and Defrank Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,147
Interest Rate
5.99%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 2001
Sold by
Union National Community Bank
Bought by
Smith John H and Smith Eileen G

Purchase Details

Closed on
May 30, 2001
Sold by
Hermansader Thomas F and Hermansader Donna M
Bought by
Union National Community Bank and Union National Mount Joy Bank
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
Prrg Llc $225,000 None Available
Fantom Kevin $85,750 None Available
Hud -- None Available
Countrywide Home Loans Inc $6,587 None Available
Defrank Morris P $57,340 --
Smith John H $38,000 --
Union National Community Bank $2,559 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prrg Llc $180,000
Previous Owner Defrank Morris P $207,147
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2013 12/20/13 Sold $225,000 -10.0% $93 / Sq Ft
11/16/2013 11/16/13 Pending -- -- --
08/29/2013 08/29/13 For Sale $249,900 -- $103 / 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 $7,851 $279,600 $58,600 $221,000
2024 $7,851 $279,600 $58,600 $221,000
2023 $7,555 $279,600 $58,600 $221,000
2022 $7,291 $279,600 $58,600 $221,000
2021 $6,822 $279,600 $58,600 $221,000
2020 $6,822 $279,600 $58,600 $221,000
2019 $6,687 $279,600 $58,600 $221,000
2018 $7,844 $279,600 $58,600 $221,000
2017 $4,879 $166,900 $17,200 $149,700
2016 $4,863 $166,900 $17,200 $149,700
2015 $1,541 $166,900 $17,200 $149,700
2014 $3,066 $166,900 $17,200 $149,700
Source: Public Records

Agents Affiliated with this Home

  • Lethea Myers

    Seller's Agent in 2013

    Lethea Myers

    Berkshire Hathaway HomeServices Homesale Realty

    (717) 572-9513

    99 in this area

    232 Total Sales

    Lethea Myers
    Section Image

  • G

    Buyer's Agent in 2013

    Gary Schlectic

    Berkshire Hathaway HomeServices Homesale Realty

    Section Image
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Map

Source: Bright MLS

MLS Number: 1002730403

Bright MLS

APN: 250-01197-0-0000

Pennsylvania Lancaster County Elizabethtown 17022

42 N Market St, Elizabethtown, PA

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