Seller's Agent in 2019
Mark Shanaman
RE/MAX of Reading
(484) 256-7956
2 in this area
125 Total Sales
50 N Sheridan Rd Newmanstown, PA 17073
Estimated Value: $214,000 - $262,528
--
Bed
2
Baths
2,200
Sq Ft
$105/Sq Ft
Est. Value
Highlights
- No HOA
- Forced Air Heating and Cooling System
- Replacement Windows
- En-Suite Primary Bedroom
- Ceiling Fan
- Wall to Wall Carpet
About This Home
As of March 2019Exceptional well maintained two unit investment property. This turn key building is fully occupied with great long term tenants. The building consist of 48 and 50 N Sheridan Road, two side by side semi- detached dwellings. All utilities are separately metered for each unit. 48 Main street consists of a living room, dining room and eat-in kitchen on the main level, and two bedrooms, large bath with shower/tub and walk in closet on 2nd level. There is a covered front and rear porch, rear yard and off street parking for up to 4 cars. The HVAC is oil forced air with central air conditioning. 50 N Sheridan Road includes, large living room, eat-in kitchen with peninsula on main level & 3 bedrooms and full bath on 2nd floor. There is front and rear porches, large rear deck, rear yard and off street parking for 2 cars. The owner is in the process of installing a new heat pump HVAC forced air system, which will be completed for the new owner. Mechanical updates include, newer 100 amp electrical services, updated metal roof, vinyl siding and windows. Both units have stackable washer and dryers and all appliances are included in the sale. This property is exceptional, very clean and well kept by the owner and tenants. Schedule you appointment to view it today!
Last Agent to Sell the Property
RE/MAX Of Reading License #RS182255L Listed on: 09/04/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,635
Year Built
- Built in 1910
Lot Details
- 7,405 Sq Ft Lot
- Southwest Facing Home
- Property is in good condition
Home Design
- Duplex
- Stone Foundation
- Pitched Roof
- Metal Roof
- Vinyl Siding
Interior Spaces
- En-Suite Primary Bedroom
- 2,200 Sq Ft Home
- Ceiling Fan
- Replacement Windows
- Wall to Wall Carpet
- Laundry in unit
Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Driveway
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Back Up Electric Heat Pump System
- 100 Amp Service
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 24-2395488-375724-0000
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Insurance Expense $685
- Operating Expense $4,040
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 17, 2020
Sold by
The Home Group Llc
Bought by
Snyder Cody J and Wagner Coleman J
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Outstanding Balance
$94,390
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$156,855
Purchase Details
Listed on
Sep 4, 2018
Closed on
Mar 7, 2019
Sold by
Wenger Anthony L
Bought by
The Home Group Llc
Seller's Agent
Mark Shanaman
RE/MAX Of Reading
Buyer's Agent
Jason Bange
Iron Valley Real Estate of Lancaster
List Price
$134,900
Sold Price
$120,000
Premium/Discount to List
-$14,900
-11.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.18%
Purchase Details
Closed on
Dec 31, 2008
Sold by
Zimmerman Kevin P and Zimmerman Linda E
Bought by
Wenger Anthony L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,300
Interest Rate
6.08%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Snyder Cody J | $140,000 | Regal Abstract Lp | |
| The Home Group Llc | $120,000 | Regal Abstract Lp | |
| Wenger Anthony L | $132,999 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Snyder Cody J | $105,000 | |
| Previous Owner | Wenger Anthony L | $106,300 | |
| Previous Owner | Zimmerman Kevin P | $71,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/07/2019 03/07/19 | Sold | $120,000 | -7.6% | $55 / Sq Ft |
| 02/09/2019 02/09/19 | Pending | -- | -- | -- |
| 10/02/2018 10/02/18 | Price Changed | $129,900 | -3.7% | $59 / Sq Ft |
| 09/04/2018 09/04/18 | For Sale | $134,900 | -- | $61 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $132,200 | $22,200 | $110,000 |
| 2024 | $2,913 | $132,200 | $22,200 | $110,000 |
| 2023 | $2,913 | $132,200 | $22,200 | $110,000 |
| 2022 | $2,848 | $132,200 | $22,200 | $110,000 |
| 2021 | $2,722 | $132,200 | $22,200 | $110,000 |
| 2020 | $2,686 | $132,200 | $22,200 | $110,000 |
| 2019 | $2,629 | $132,200 | $22,200 | $110,000 |
| 2018 | $2,584 | $132,200 | $22,200 | $110,000 |
| 2017 | -- | $132,200 | $22,200 | $110,000 |
| 2016 | $2,476 | $132,200 | $22,200 | $110,000 |
| 2015 | -- | $132,200 | $22,200 | $110,000 |
| 2014 | -- | $132,200 | $22,200 | $110,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2019
Jason Bange
Iron Valley Real Estate of Lancaster
(717) 917-9171
2 in this area
162 Total Sales
Map
Source: Bright MLS
MLS Number: 1002401320
APN: 24-2395488-375724-0000
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