NOT LISTED FOR SALE

4735 E Prospect Rd York, PA 17406

Estimated Value: $252,000 - $314,000

6 Beds
3 Baths
2,032 Sq Ft
$141/Sq Ft Est. Value

Last Sold August 11, 2017

Last sale price $156,500 $77 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,934/month

40 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Baseboard Heating

About This Home

As of August 2017

We are seeking a country investor! Here's a two-unit in Delroy with 3/4 acres. This property has been updated on many fronts over the past few years with a new water heater, new boiler, new air conditioning unit, finished third floor master suite, and more! Barn in the back for additional storage income. Live in one unit and rent out the other, or turn this property into a cash flow machine! Assumable FHA mortgage at 3.5%!

Last Agent to Sell the Property

Nathan Krotzer

RE/MAX Pinnacle License #AB068582 Listed on: 05/01/2017

RE/MAX Pinnacle

Co-Listed By

Charles Krotzer

RE/MAX Pinnacle

Last Buyer's Agent

Rob Jones

Berkshire Hathaway HomeServices Homesale Realty

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,379

Year Built

  • Built in 1890

Lot Details

  • 0.75

Home Design

  • Shingle Roof
  • Fiberglass Roof
  • Vinyl Siding

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Eastern York Middle School
  • Eastern York High School

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Septic Tank

Additional Features

  • Basement Fills Entire Space Under The House
  • 0.75 Acre Lot

Listing and Financial Details

  • Tenant pays for heat, electricity, hot water, utilities - some, trash removal
  • The owner pays for accounting/legal, insurance, real estate taxes, repairs, supplies
  • Assessor Parcel Number 6735000JL00290000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Delroy Subdivision

Building Details

  • Income includes apartment rentals
  • Insurance Expense $782
  • Maintenance Expense $1,180
  • Other Expense $300
  • Operating Expense $7,741
  • Net Operating Income $7,514

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,379

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • New Construction: No
  • Other Expense: 300.00
  • Year Built: 1890
  • Remarks Public: We are seeking a country investor! Here's a two-unit in Delroy with 3/4 acres. This property has been updated on many fronts over the past few years with a new water heater, new boiler, new air conditioning unit, finished third floor master suite, and more! Barn in the back for additional storage income. Live in one unit and rent out the other, or turn this property into a cash flow machine! Assumable FHA mortgage at 3.5%!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Street Number Modifier: 4735-4737

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Fiberglass, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Spaces Total: 4.00
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Hot Water, Baseboard
  • Heating: Yes
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: EASTERN YORK
  • Middle School: EASTERN YORK
  • High School: EASTERN YORK
  • School District Key: 300200396457
  • High School: EASTERN YORK
  • Middle Or Junior School: EASTERN YORK

Lot Info

  • Lot Size Acres: 0.75
  • Zoning Description: Residential
  • In City Limits: Yes

Rental Info

  • Owner Pays: Accounting/Legal, Insurance, Taxes - Real Estate, Repairs, Supplies
  • Tenant Pays: Heat, Electricity, Hot Water, Utilities - Some, Trash Removal
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10833877
  • School Tax: 2882.00
  • Assessor Parcel Number: 6735000JL00290000000
  • County Tax Payment Frequency: Annually
  • Close Date: 08/11/2017

Multi Family

  • Gross Income: 15255.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 7741.00
  • Other Units: Unit 1,Unit 4

MLS Schools

  • School District Name: EASTERN YORK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2017
Closed on
Aug 25, 2017
Sold by
Dixon John W and Riley Kelsey R
Bought by
Lenhart Charles and Lenhart Debra A
Seller's Agent
Nathan Krotzer
RE/MAX Pinnacle
Buyer's Agent
Rob Jones
Berkshire Hathaway HomeServices Homesale Realty
List Price
$149,900
Sold Price
$156,500
Premium/Discount to List
$6,600
4.4%
Current Estimated Value
$286,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,147
Avg. Annual Appreciation
7.85%
Original Mortgage
$153,664
Outstanding Balance
$128,695
Interest Rate
3.92%
Mortgage Type
FHA
Estimated Equity
$157,738

Purchase Details

Listed on
Jul 21, 2011
Closed on
Aug 22, 2012
Sold by
Hartman Kent E
Bought by
Dixon John W and Riley Kesley R
Seller's Agent
Al Hartman
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Nathan Krotzer
RE/MAX Pinnacle
List Price
$144,900
Sold Price
$134,000
Premium/Discount to List
-$10,900
-7.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.17%
Original Mortgage
$131,572
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 14, 1993
Bought by
Hartman Kent E
Source: Public Records

Range of Values:

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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
Lenhart Charles $156,500 None Available
Dixon John W $134,000 None Available
Hartman Kent E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lenhart Charles $153,664
Previous Owner Dixon John W $131,572
Previous Owner Hartman Kent E $249,721
Previous Owner Hartman Kent E $192,192
Previous Owner Hartman Kent E $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2017 08/11/17 Sold $156,500 +4.4% $77 / Sq Ft
06/10/2017 06/10/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $149,900 +11.9% $74 / Sq Ft
08/22/2012 08/22/12 Sold $134,000 -7.5% $66 / Sq Ft
06/28/2012 06/28/12 Pending -- -- --
07/21/2011 07/21/11 For Sale $144,900 -- $71 / 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 $4,379 $123,940 $28,650 $95,290
2024 $4,162 $123,940 $28,650 $95,290
2023 $4,137 $123,940 $28,650 $95,290
2022 $4,045 $123,940 $28,650 $95,290
2021 $3,921 $123,940 $28,650 $95,290
2020 $3,921 $123,940 $28,650 $95,290
2019 $3,821 $123,940 $28,650 $95,290
2018 $3,732 $123,940 $28,650 $95,290
2017 $3,629 $123,940 $28,650 $95,290
2016 $0 $123,940 $28,650 $95,290
2015 -- $123,940 $28,650 $95,290
2014 -- $123,940 $28,650 $95,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002750867

Bright MLS

APN: 35-000-JL-0029.00-00000