NOT LISTED FOR SALE

5 S Main St Biglerville, PA 17307

Estimated Value: $417,521

6 Beds
4 Baths
2,878 Sq Ft
$145/Sq Ft Est. Value

Last Sold January 12, 2017

Last sale price $295,000 $103 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,574/month

12 Days on Market

About This Home

As of January 2017

Prominent 3 story building at town center. Main level commercial unit (Salon) plus 8 residential apartments. Electric separated for all units with individual heat & water heaters. On-site parking lot at rear. Commercial zoning. Good income with upside potential (apt. #2 requires finishing before rentable). Full basement possibilities for storage units, laundry or other use. Make this your money-maker.

Last Agent to Sell the Property

James Ekdahl

(717) 420-2981 jeffashafferre@gmail.com Jeff A. Shaffer Real Estate, Inc. License #AB049068L Listed on: 11/16/2016

Last Buyer's Agent

Jeff Shaffer

(717) 420-2981 jeffashafferre@gmail.com Jeff A. Shaffer Real Estate, Inc. License #RM424322

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • Poured Concrete
  • Shingle Roof
  • Fiberglass Roof
  • Rubber Roof

Kitchen

  • Oven
  • Stove

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Schools

  • Upper Adams Middle School
  • Biglerville High School

Utilities

  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for heat, electricity, hot water
  • The owner pays for insurance, real estate taxes, repairs
  • Assessor Parcel Number 0105003010100000

Community Details

Overview

  • No Home Owners Association
  • 9 Units
  • Biglerville Subdivision

Building Details

  • Income includes apartment rentals
  • Electric Expense $480
  • Insurance Expense $1,123
  • Other Expense $200
  • Trash Expense $756
  • Operating Expense $13,467
  • Net Operating Income $36,633

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Exclusions: Tenants possessions.
  • New Construction: No
  • Other Expense: 200.00
  • Year Built: 1880
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Stove, Oven - Single
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Poured Concrete, Walkout Level, Sump Pump, Outside Entrance

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Spaces Total: 6.00
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Electric Expense: 480.00
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1969.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • High School: BIGLERVILLE
  • Middle Or Junior School: UPPER ADAMS

Lot Info

  • Lot Size Acres: 0.15
  • Zoning Description: Commercial
  • In City Limits: Yes

Rental Info

  • Owner Pays: Insurance, Taxes - Real Estate, Repairs
  • Tenant Pays: Heat, Electricity, Hot Water
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11222683
  • School Tax: 2863.00
  • Assessor Parcel Number: 0105003010100000
  • County Tax Payment Frequency: Annually

Multi Family

  • Gross Income: 50100.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 13467.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: UPPER ADAMS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2016
Closed on
Jan 12, 2017
Sold by
Levan John M and Levan Gina M
Bought by
Spg Asset Management Llc
Seller's Agent
James Ekdahl
Jeff A. Shaffer Real Estate, Inc.
Buyer's Agent
Jeff Shaffer
Jeff A. Shaffer Real Estate, Inc.
List Price
$315,000
Sold Price
$295,000
Premium/Discount to List
-$20,000
-6.35%
Current Estimated Value
$417,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,521
Original Mortgage
$300,000
Outstanding Balance
$247,509
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2008
Sold by
Coldsmith B Zachary and Zirpoli Maresa V
Bought by
Levan John M and Levan Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.08%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Spg Asset Management Llc $295,000 None Available
Levan John M $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spg Asset Management Llc $300,000
Previous Owner Levan John M $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2017 01/12/17 Sold $295,000 -6.3% $103 / Sq Ft
11/28/2016 11/28/16 Pending -- -- --
11/16/2016 11/16/16 For Sale $315,000 -- $109 / Sq Ft
Source: Bright MLS

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 $5,159 $209,500 $26,500 $183,000
2024 $5,013 $209,500 $26,500 $183,000
2023 $5,013 $209,500 $26,500 $183,000
2022 $4,908 $209,500 $26,500 $183,000
2021 $4,788 $209,500 $26,500 $183,000
2020 $4,788 $209,500 $26,500 $183,000
2019 $4,710 $209,500 $26,500 $183,000
2018 $4,610 $209,500 $26,500 $183,000
2017 $4,386 $209,500 $26,500 $183,000
2016 -- $209,500 $26,500 $183,000
2015 -- $209,500 $26,500 $183,000
2014 -- $209,500 $26,500 $183,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002750147

Bright MLS

APN: 05-003-0101-000

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