NOT LISTED FOR SALE

471 S Main St Manheim, PA 17545

Manheim Area

Estimated Value: $326,000 - $664,596

Studio
4 Baths
2,593 Sq Ft
$176/Sq Ft Est. Value

Sale Details

Date Sold: October 31, 2024

Last sale price $355,000 $137 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,887 / mo

21 Days on Market

Highlights

  • 2.5 Acre Lot
  • 1 Car Attached Garage
  • Radiator
  • 1 Fireplace

About This Home

As of October 2024

Well-maintained 3 Unit (2 1 BR apts & 1, 2 BR apt) property in Manheim Central Schools (Penn Township), just outside of Manheim Borough. This 3 unit property has been well-cared for by the same owner for the past 25+ years. Improvements include many recent vinyl replacement windows, resurfaced driveway, and updated paint/flooring in some units. Each unit has it's own private laundry area, separated electric and hot water heaters. Heat is currently zoned for each unit, but paid for by the owner. Leases are all month to month. See additional information in documents for income/expenses. This property is zoned commercial and is situated on 2.5 acres of land including the adjacent pond. Come and see this beautiful cash flowing property today!

Last Agent to Sell the Property

Brandon Leaman

(717) 208-4444 remax@smarthubrealty.com RE/MAX SmartHub Realty Listed on: 08/16/2024

RE/MAX SmartHub Realty

Last Buyer's Agent

Leah Davis

(717) 560-9100 ldavis@homesale.com Berkshire Hathaway HomeServices Homesale Realty License #RS323313

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,813

Year Built

  • Built in 1928

Lot Details

  • 2.5 Acre Lot

Parking

  • 1 Car Attached Garage
  • 3 Open Parking Spaces
  • 1 Driveway Space
  • Front Facing Garage
  • Parking Lot

Home Design

  • Triplex
  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Metal Siding

Interior Spaces

  • 2,593 Sq Ft Home
  • 1 Fireplace

Utilities

  • Radiator
  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for repairs, sewer
  • Assessor Parcel Number 500-10242-0-0000

Community Details

Overview

  • 3 Units

Building Details

  • Income includes apartment rentals
  • Operating Expense $11,982
  • Gross Income $26,700
  • Net Operating Income $14,718

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,813

Year Built

Built in 1928

Lot Details

2.5 Acres

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1928
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block, Stone
  • Total Sq Ft: 2593
  • Living Area Sq Ft: 2593
  • Price Per Sq Ft: 136.91
  • Above Grade Finished Sq Ft: 2593
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Metal Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Attached Garage, Parking Lot
  • Number of Spaces in Driveway: 1
  • Parking Lot Number Of Spaces: 3

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 2.50
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 108900.00
  • Zoning: COMMERCIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 3
  • Owner Pays: Repairs, Sewer
  • Rent Control: No
  • Total Actual Rent: 26700.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 3787.00
  • Tax Annual Amount: 4813.00
  • Assessor Parcel Number: 500-10242-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Gross Scheduled Income: 26700.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 11982.00

MLS Schools

  • School District Name: MANHEIM CENTRAL

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2024
Closed on
Oct 31, 2024
Sold by
Bought by
Seller's Agent
Brandon Leaman
RE/MAX SmartHub Realty
Buyer's Agent
Leah Davis
Berkshire Hathaway HomeServices Homesale Realty
List Price
$349,900
Sold Price
$355,000
Premium/Discount to List
$5,100
1.46%
Views
29
Current Estimated Value
$455,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,149
Avg. Annual Appreciation
15.74%
Original Mortgage
$338,064
Interest Rate
0.0512%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 31, 1996
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$355,000 None Listed On Document
$100,700 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $338,064
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Sold $355,000 0.0% $137 / Sq Ft
09/07/2024 09/07/24 Price Changed $355,000 +1.5% $137 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $349,900 -- $135 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,984 $236,100 $87,500 $148,600
2025 $4,813 $236,100 $87,500 $148,600
2024 $4,813 $236,100 $87,500 $148,600
2023 $4,712 $236,100 $87,500 $148,600
2022 $4,591 $236,100 $87,500 $148,600
2021 $4,487 $236,100 $87,500 $148,600
2020 $4,487 $236,100 $87,500 $148,600
2019 $4,409 $236,100 $87,500 $148,600
2018 $5,222 $236,100 $87,500 $148,600
2017 $3,944 $169,200 $63,000 $106,200
2016 $3,944 $169,200 $63,000 $106,200
2015 $937 $169,200 $63,000 $106,200
2014 $2,908 $169,200 $63,000 $106,200
Source: Public Records

Agents Affiliated with this Home

  • Brandon Leaman

    Seller's Agent in 2024

    Brandon Leaman

    RE/MAX

    (717) 940-0087

    129 Total Sales

    Brandon Leaman
    Section Image
  • Leah Davis

    Buyer's Agent in 2024

    Leah Davis

    Berkshire Hathaway HomeServices Homesale Realty

    (717) 940-0791

    146 Total Sales

    Leah Davis
    Section Image
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Map

Source: Bright MLS

MLS Number: PALA2055492

Bright MLS

APN: 500-10242-0-0000

Pennsylvania Lancaster County Manheim 17545

471 S Main St, Manheim, PA

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