NOT LISTED FOR SALE

456 Lincoln Way E Chambersburg, PA 17201

Estimated Value: $149,000

-- Bed
-- Bath
-- Sq Ft
3,920 Sq Ft Lot

Last Sold July 03, 2014

Last sale price $183,000

Est. 19% decrease in value since last sale

Current estimated payment $1,113/month

About This Home

As of July 2014

Good value investment property. 4 unti building on Lincoln Way next to Rite Aid grossing $27,600 per year. Owner pays utilities which are included in expenses. Lower right has new carpet, new front door. Lower left was remodeled in the last two years.

Last Agent to Sell the Property

Matt Kellam

Help-U-Sell Keystone Realty, LLC License #RM420234 Listed on: 03/10/2014

Last Buyer's Agent

Thomas Mongold

RE/MAX Realty Agency, Inc.

RE/MAX Realty Agency, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,710

Year Built

  • 1900

Lot Details

  • 3,920

Home Design

  • Brick Exterior Construction

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater

Additional Features

  • Connecting Stairway
  • 3,920 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 3-1E03-151

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $6,500
  • Net Operating Income $21,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,710

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Basement: Yes
  • Basement Type: Connecting Stairway, Unfinished

Exterior Features

  • Construction Materials: Brick
  • Pool: No Pool

Garage/Parking

  • Type Of Parking: On Street, Off Street

Utilities

  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Lot Info

  • Improvement Assessed Value: 17950.00
  • Land Assessed Value: 1350.00
  • Lot Size Acres: 0.09
  • Lot Size Area: 3920
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3920.00
  • Year Assessed: 1961
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months

Tax Info

  • Assessor Parcel Number: 10718832
  • Tax Annual Amount: 2709.53
  • Assessor Parcel Number: 3-1E03-151

Multi Family

  • Gross Income: 27600.00
  • Operating Expense: 6500.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2014
Closed on
Jul 1, 2014
Sold by
Group Michael T and Group Vickie J
Bought by
Mountainfield Properties Llc
Seller's Agent
Matt Kellam
Help-U-Sell Keystone Realty, LLC
Buyer's Agent
Thomas Mongold
RE/MAX Realty Agency, Inc.
List Price
$189,000
Sold Price
$183,000
Premium/Discount to List
-$6,000
-3.17%
Current Estimated Value
$149,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,000
Original Mortgage
$146,400
Interest Rate
4.16%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mountainfield Properties Llc $183,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mountainfield Propertie Llc $728,000
Closed Mountainfield Properties Llc $146,400
Previous Owner Group Michael T $130,500
Previous Owner Group Michael T $132,000
Previous Owner Group Michael T $130,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2014 07/03/14 Sold $183,000 -3.2% --
03/12/2014 03/12/14 Pending -- -- --
03/10/2014 03/10/14 For Sale $189,000 -- --
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 $3,829 $19,300 $1,350 $17,950
2024 $3,673 $19,300 $1,350 $17,950
2023 $3,578 $19,300 $1,350 $17,950
2022 $3,480 $19,300 $1,350 $17,950
2021 $3,461 $19,300 $1,350 $17,950
2020 $3,386 $19,300 $1,350 $17,950
2019 $3,287 $19,300 $1,350 $17,950
2018 $3,186 $19,300 $1,350 $17,950
2017 $3,002 $19,300 $1,350 $17,950
2016 $553 $19,300 $1,350 $17,950
2015 $515 $19,300 $1,350 $17,950
2014 $515 $19,300 $1,350 $17,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002873240

Bright MLS

APN: 03-1E03-151-000000