NOT LISTED FOR SALE

49 Cumberland Ave Shippensburg, PA 17257

Estimated Value: $173,168 - $258,000

-- Bed
2 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold December 11, 2020

Last sale price $166,500

Est. 29% increase in value since last sale

Current estimated payment $1,393/month

5 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Hot Water Heating System
  • No HOA
  • Oversized Parking

About This Home

As of December 2020

49 Cumberland Ave is a 3 Bedroom 2 Full Bath Colonial style home and includes 416 Franklin Heights, a separate 2 bedroom 1 bath dwelling above the detached 2 car garage. Both dwellings are currently rented on month-month basis for a total of $1650 monthly rental income. 49 Cumberland is rented for $1000 a month, tenant pays all utilities and is heated with oil burning hot water radiator heat with a covered back patio. 416 Franklin Heights is rented for $650 monthly, tenant pays all utilities and is heated with oil burning forced air.

Last Agent to Sell the Property

Jared Coover

Jalex Real Estate Services LLC License #RS334603 Listed on: 10/29/2020

Last Buyer's Agent

Carrie Gardner

Realty One Group Golden Key License #5010144

Realty One Group Golden Key

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,136

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • Radiator
  • Heating System Uses Oil
  • Hot Water Heating System
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 27-6B17-62

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,136

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2020-10-30
  • Automatically Close On Close Date: No
  • Remarks Public: 49 Cumberland Ave is a 3 Bedroom 2 Full Bath Colonial style home and includes 416 Franklin Heights, a separate 2 bedroom 1 bath dwelling above the detached 2 car garage. Both dwellings are currently rented on month-month basis for a total of $1650 monthly rental income. 49 Cumberland is rented for $1000 a month, tenant pays all utilities and is heated with oil burning hot water radiator heat with a covered back patio. 416 Franklin Heights is rented for $650 monthly, tenant pays all utilities and is heated with oil burning forced air.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Basement Type: Full, Interior Access
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 49

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: 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: Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, On Street

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: SHIPPENSBURG AREA
  • School District Key: 300200396700
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 12780.00
  • Land Assessed Value: 1120.00
  • Land Use Code: 007
  • Lot Size Acres: 0.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Number Of Units Month To Month: 2
  • Rent Control: No
  • Total Actual Rent: 19800.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10755348
  • Tax Annual Amount: 2136.00
  • Assessor Parcel Number: 27-6B17-62
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/11/2020

Multi Family

  • Gross Income: 19800.00
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: SHIPPENSBURG AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Nov 23, 2020
Sold by
Bayley Stacey and Bayley Chad
Bought by
Csa Holdings Llc
Seller's Agent
Jared Coover
Jalex Real Estate Services LLC
Buyer's Agent
Carrie Gardner
Realty One Group Golden Key
List Price
$168,900
Sold Price
$166,500
Premium/Discount to List
-$2,400
-1.42%
Current Estimated Value
$215,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,042
Avg. Annual Appreciation
6.33%
Original Mortgage
$133,200
Outstanding Balance
$119,069
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$103,131

Purchase Details

Closed on
Jul 18, 2013
Sold by
Wetzel Mildred and Wetzel G K
Bought by
Bailey Stacety

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,875
Interest Rate
3.95%
Mortgage Type
New Conventional
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
Csa Holdings Llc $166,500 Anchor Settlement Company
Bailey Stacety $134,500 Servicelink
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Csa Holdings Llc $133,200
Previous Owner Bailey Stacety $100,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $166,500 -1.4% --
11/03/2020 11/03/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $168,900 0.0% --
10/27/2015 10/27/15 Rented $900 0.0% --
10/27/2015 10/27/15 Under Contract -- -- --
10/11/2015 10/11/15 For Rent $900 -- --
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 $2,627 $14,560 $1,120 $13,440
2024 $2,355 $14,560 $1,120 $13,440
2023 $2,314 $14,560 $1,120 $13,440
2022 $2,301 $14,560 $1,120 $13,440
2021 $2,247 $14,560 $1,120 $13,440
2020 $2,223 $13,900 $1,120 $12,780
2019 $2,195 $13,900 $1,120 $12,780
2018 $2,217 $13,900 $1,120 $12,780
2017 $2,207 $13,900 $1,120 $12,780
2016 $779 $13,900 $1,120 $12,780
2015 $752 $13,900 $1,120 $12,780
2014 $735 $13,900 $1,120 $12,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAFL176006

Bright MLS

APN: 27-6B17-062-000000