Seller's Agent in 2023
Joshua Shope
Coldwell Banker Realty
(717) 823-1313
23 in this area
304 Total Sales
503 N Railroad St Palmyra, PA 17078
Estimated Value: $512,007 - $571,000
--
Bed
4
Baths
4,221
Sq Ft
$128/Sq Ft
Est. Value
Highlights
- 0.64 Acre Lot
- Traditional Architecture
- Wood Flooring
- Palmyra Area Senior High School Rated 9+
- Cathedral Ceiling
- 4-minute walk to Club Fido
About This Home
As of May 2023Looking for an exceptional investment opportunity in Palmyra Borough? Look no further than this stately four-unit property! This corner property offers units with spacious rooms with two bedrooms and one full bath, providing comfortable living space for tenants. These units come equipped with everything tenants need, including an oven, refrigerator, washer & dryer, separate hot water heaters, and separate electrical panels. As an added bonus, the property has a detached garage and shed for storage or even another rental unit. And if that's not enough, the large area to the right of the property offers plenty of space for future possible growth, allowing you to maximize your investment potential.
Don't miss out on this incredible opportunity - schedule a showing today!
Last Agent to Sell the Property
(717) 823-1313 josh.shope@cbhomes.com Coldwell Banker Realty Listed on: 04/26/2023
Co-Listed By
(717) 507-3040 nick@devitzservices.com Coldwell Banker Realty License #RS322558
Last Buyer's Agent
(717) 222-0986 jomummau@gmail.com Listing Sherpa LLC License #RS351599
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,347
Year Built
- Built in 1890
Lot Details
- 0.64 Acre Lot
- Corner Lot
- Property is in average condition
Parking
- 1 Car Detached Garage
- Rear-Facing Garage
- On-Street Parking
- Off-Street Parking
Home Design
- Quadruplex
- Traditional Architecture
- Stone Foundation
- Composition Roof
- Aluminum Siding
Interior Spaces
- 4,221 Sq Ft Home
- Cathedral Ceiling
- Basement Fills Entire Space Under The House
- Oven
Flooring
- Wood
- Carpet
- Vinyl
Laundry
- Dryer
- Washer
Outdoor Features
- Porch
Utilities
- Electric Baseboard Heater
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- The owner pays for sewer, real estate taxes, trash collection, water
- Assessor Parcel Number 16-2288877-359276-0000
Community Details
Overview
- 4 Units
Building Details
- Income includes apartment rentals
- Insurance Expense $2,700
- Trash Expense $2,900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 24, 2023
Sold by
Jvm Real Estate Llc
Bought by
Hess Lucinda L
Current Estimated Value
Purchase Details
Listed on
Apr 26, 2023
Closed on
May 16, 2023
Sold by
Wenger David A
Bought by
Jvm Real Estate Llc
Seller's Agent
Joshua Shope
Coldwell Banker Realty
Buyer's Agent
Jordan Mummau
Listing Sherpa LLC
Sold Price
$335,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.65%
Purchase Details
Closed on
Jun 28, 2022
Sold by
Leonard Michael P and Leonard Diane M
Bought by
Wenger David A and Wenger Staci L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.25%
Mortgage Type
Construction
Purchase Details
Closed on
Oct 14, 2020
Sold by
Hoke Carlton E and Hoke Mary E
Bought by
Leonard Michael P and Leonard Diane M
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 |
|---|---|---|---|
| Hess Lucinda L | $450,000 | None Listed On Document | |
| Jvm Real Estate Llc | $335,000 | None Listed On Document | |
| Wenger David A | $250,000 | None Listed On Document | |
| Leonard Michael P | $240,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wenger David A | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/16/2023 05/16/23 | Sold | $335,000 | -- | $79 / Sq Ft |
| 04/26/2023 04/26/23 | Pending | -- | -- | -- |
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 | $7,341 | $256,900 | $64,000 | $192,900 |
| 2024 | $6,485 | $256,900 | $64,000 | $192,900 |
| 2023 | $5,473 | $216,800 | $64,000 | $152,800 |
| 2022 | $7,217 | $299,700 | $64,000 | $235,700 |
| 2021 | $6,709 | $299,700 | $64,000 | $235,700 |
| 2020 | $6,624 | $299,700 | $64,000 | $235,700 |
| 2019 | $6,482 | $299,700 | $64,000 | $235,700 |
| 2018 | $6,276 | $299,700 | $64,000 | $235,700 |
| 2017 | $1,859 | $299,700 | $64,000 | $235,700 |
| 2016 | $5,893 | $299,700 | $64,000 | $235,700 |
| 2015 | -- | $299,700 | $64,000 | $235,700 |
| 2014 | -- | $299,700 | $64,000 | $235,700 |
Source: Public Records
Agents Affiliated with this Home
-
Joshua Shope
-
Nick Devitz
Seller Co-Listing Agent in 2023
Nick Devitz
Coldwell Banker Realty
(717) 507-3040
14 in this area
172 Total Sales
-
Jordan Mummau
Buyer's Agent in 2023
Jordan Mummau
Listing Sherpa LLC
(717) 222-0986
4 in this area
43 Total Sales
Map
Source: Bright MLS
MLS Number: PALN2009526
APN: 16-2288877-359276-0000
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