NOT LISTED FOR SALE

428 W Areba Ave Hershey, PA 17033

Estimated Value: $819,000 - $948,000

5 Beds
3.5 Baths
3,474 Sq Ft
$260/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $985,000 $284 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $5,588/month

39 Days on Market

Highlights

  • New Construction
  • Craftsman Architecture
  • 2 Car Attached Garage
  • Hershey Elementary School Rated A
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

This is a rare opportunity to own a brand new home in downtown Hershey! Currently under construction, this home will offer all of the desired features of modern living in the highly coveted, historic downtown Hershey "village". This custom home will have 5 bedrooms and 3.5 bathrooms. The main bedroom, with an en suite bath, and laundry is located on the first floor. The 4 additional bedrooms, along with two full bathrooms, are located on the second floor with the added bonus of a loft.
This home is being built with exceptional attention to quality and detail. The potential new owner of this home can be included in the decision making process.
The floor plan and elevation renderings can be accessed in the document section.
Please contact Maria Memmi to discuss.

Last Agent to Sell the Property

Maria Memmi

(717) 649-3715 maria@hersheyreg.com Coldwell Banker Realty Listed on: 03/08/2022

Coldwell Banker Realty

Last Buyer's Agent

Dave Drobnock

(717) 503-8389 dave.drobnock@cbhomes.com Coldwell Banker Realty License #RS205827L

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,385

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.25 Acre Lot
  • Property is in excellent condition

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage

Home Design

  • Craftsman Architecture
  • Contemporary Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 3,474 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

Schools

  • Hershey High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • 200+ Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Hershey Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-017-014-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,385

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Craftsman
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2022
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 3474
  • Living Area Sq Ft: 3474
  • Price Per Sq Ft: 283.53
  • Above Grade Finished Sq Ft: 3474
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Vinyl Siding
  • Construction Completed: No
  • Roof: Architectural Shingle
  • 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
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: HERSHEY HIGH SCHOOL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 85700.00
  • Land Assessed Value: 34300.00
  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10542462
  • School Tax: 2255.00
  • Tax Annual Amount: 3385.00
  • Assessor Parcel Number: 24-017-014-000-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: DERRY TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Jul 21, 2022
Sold by
Kremer Kenneth C
Bought by
Edwards Denise and Edwards Matthew
Seller's Agent
Maria Memmi
Coldwell Banker Realty
Buyer's Agent
Dave Drobnock
Coldwell Banker Realty
List Price
$985,000
Sold Price
$985,000
Current Estimated Value
$904,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$80,187
Avg. Annual Appreciation
-2.49%
Original Mortgage
$344,750
Outstanding Balance
$312,900
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$591,913

Purchase Details

Closed on
Feb 28, 2022
Sold by
Kremer Kenneth C
Bought by
Kremer Kenneth C

Purchase Details

Listed on
Oct 21, 2021
Closed on
Nov 5, 2021
Sold by
Hemmi Kathryn C and Hemmi Kathryn G
Bought by
Kremer Kenneth R
Seller's Agent
JUDY STOVER
Iron Valley Real Estate of Central PA
Buyer's Agent
KATHY MEMMI
Hershey Real Estate Group
List Price
$282,500
Sold Price
$275,000
Premium/Discount to List
-$7,500
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.80%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Edwards Denise $985,000 None Listed On Document
Kremer Kenneth C -- None Listed On Document
Kremer Kenneth R $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Denise $344,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2022 07/25/22 Sold $985,000 0.0% $284 / Sq Ft
04/16/2022 04/16/22 Pending -- -- --
03/23/2022 03/23/22 Off Market $985,000 -- --
03/08/2022 03/08/22 For Sale $985,000 +258.2% $284 / Sq Ft
11/05/2021 11/05/21 Sold $275,000 -2.7% $134 / Sq Ft View Prior Sale
10/21/2021 10/21/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $282,500 -- $138 / 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 $9,938 $318,000 $34,300 $283,700
2024 $9,341 $318,000 $34,300 $283,700
2023 $9,174 $318,000 $34,300 $283,700
2022 $3,385 $120,000 $34,300 $85,700
2021 $3,385 $120,000 $34,300 $85,700
2020 $3,385 $120,000 $34,300 $85,700
2019 $3,324 $120,000 $34,300 $85,700
2018 $3,236 $120,000 $34,300 $85,700
2017 $3,236 $120,000 $34,300 $85,700
2016 $0 $120,000 $34,300 $85,700
2015 -- $120,000 $34,300 $85,700
2014 -- $120,000 $34,300 $85,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADA2010198

Bright MLS

APN: 24-017-014