NOT LISTED FOR SALE

48 E High St Elizabethtown, PA 17022

Estimated Value: $213,000 - $262,586

-- Bed
2 Baths
1,506 Sq Ft
$157/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $232,000 $154 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,500/month

8 Days on Market

Highlights

  • Traditional Architecture
  • Attic
  • Oversized Parking
  • Main Floor Bedroom
  • 2 Car Detached Garage
  • Downtown Location

About This Home

As of June 2024

Great investment opportunity in Elizabethtown! This 3-unit includes (2) 1 bed units with over 1500 Sq. Ft. total and a 2-story barn in the rear, and has an 8% cap rate! 1st floor unit signed year lease through 3/31/25, 2nd floor unit is month-month. Updated mechanicals include newer architectural shingle roof, new gas furnace, new electric water heaters, new bath surround, new painting, and newer vinyl plank flooring along with new replacement windows. There is also off street parking for 3+ vehicles. Schedule your private showing today, this home will not last long!

Last Agent to Sell the Property

David Wissler

(717) 715-2430 david@golancasterhomes.com Coldwell Banker Realty License #RS277709 Listed on: 04/30/2024

Coldwell Banker Realty

Last Buyer's Agent

Dan Zecher

(717) 406-8316 awakenedpropertiesllc@gmail.com Keller Williams Elite

Keller Williams Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,091

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 24' x 248'
  • Downtown Location
  • Level Lot
  • Back Yard

Parking

  • 2 Car Detached Garage
  • 2 Driveway Spaces
  • 4 Off-Street Spaces
  • Oversized Parking
  • Parking Storage or Cabinetry

Home Design

  • Duplex
  • Traditional Architecture
  • Stone Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • Main Floor Bedroom
  • 1,506 Sq Ft Home
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Replacement Windows
  • ENERGY STAR Qualified Doors
  • Attic
  • Unfinished Basement

Kitchen

  • Gas Oven or Range
  • Built-In Range
  • Dishwasher

Utilities

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

Listing and Financial Details

  • The owner pays for management, repairs, real estate taxes, insurance
  • Assessor Parcel Number 250-71182-0-0000

Community Details

Overview

  • 3 Units

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals
  • Insurance Expense $800
  • Maintenance Expense $750
  • Manager Expense $2,112
  • Operating Expense $6,901
  • Gross Income $26,400
  • Net Operating Income $18,179

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,091

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenant Personal Items in house
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Appliances: Built-In Range, Dishwasher, Oven/Range - Electric, Oven/Range - Gas
  • Interior Amenities: Attic, Entry Level Bedroom, Ceiling Fan(s)
  • Window Features: Energy Efficient, Energy Star Qualified, Replacement
  • Fireplace: No
  • Door Features: Energy Star Qualified Door(s)
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1506
  • Living Area Sq Ft: 1506
  • Price Per Sq Ft: 149.34
  • Above Grade Finished Sq Ft: 1506
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • 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: Additional Storage Area, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Off Street, Driveway, Detached Garage
  • Number of Spaces in Driveway: 2
  • Off Street Parking Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s), Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Professional Management Expense: 2112.00

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Level, Rear Yard
  • Lot Size Acres: 0.13
  • Lot Dimensions: 24' x 248'
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5663.00
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Number Of Units Month To Month: 1
  • Owner Pays: Management, Repairs, Taxes - Real Estate, Insurance
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 2148.00
  • Tax Annual Amount: 3091.00
  • Assessor Parcel Number: 250-71182-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 25080.00
  • Gross Scheduled Income: 26400.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 6901.00
  • Other Units: Unit 1,Unit 2,Unit 3
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: ELIZABETHTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
Jun 14, 2024
Sold by
H4 Homes Llc
Bought by
Jepson Adam and Jepson Meagan A
Seller's Agent
David Wissler
Coldwell Banker Realty
Buyer's Agent
Dan Zecher
Keller Williams Elite
List Price
$224,900
Sold Price
$232,000
Premium/Discount to List
$7,100
3.16%
Views
14
Current Estimated Value
$236,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,397
Avg. Annual Appreciation
1.38%
Original Mortgage
$169,500
Outstanding Balance
$167,304
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$69,093

Purchase Details

Listed on
Jul 6, 2016
Closed on
Nov 22, 2016
Sold by
Estate Of Shirley R Funck
Bought by
Holland Steven E
Seller's Agent
Lethea Myers
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Ron Shepherd
Iron Valley Real Estate of Lancaster
List Price
$209,800
Sold Price
$194,000
Premium/Discount to List
-$15,800
-7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.39%
Original Mortgage
$69,000
Interest Rate
3.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Jepson Adam $232,000 None Listed On Document
Holland Steven E $92,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jepson Adam $169,500
Previous Owner Holland Steven E $69,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2024 06/14/24 Sold $232,000 +3.2% $154 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $224,900 +15.9% $149 / Sq Ft
11/22/2016 11/22/16 Sold $194,000 -7.5% $129 / Sq Ft View Prior Sale
10/07/2016 10/07/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $209,800 -- $139 / 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 $3,148 $112,100 $27,500 $84,600
2024 $3,148 $112,100 $27,500 $84,600
2023 $3,029 $112,100 $27,500 $84,600
2022 $2,923 $112,100 $27,500 $84,600
2021 $2,735 $112,100 $27,500 $84,600
2020 $2,735 $112,100 $27,500 $84,600
2019 $2,681 $112,100 $27,500 $84,600
2018 $1,862 $112,100 $27,500 $84,600
2017 $2,865 $98,000 $29,600 $68,400
2016 $2,855 $98,000 $29,600 $68,400
2015 $905 $98,000 $29,600 $68,400
2014 $1,800 $98,000 $29,600 $68,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2050130

Bright MLS

APN: 250-71182-0-0000