NOT LISTED FOR SALE

514 W Main St Palmyra, PA 17078

Estimated Value: $219,000 - $289,000

-- Bed
2 Baths
1,576 Sq Ft
$162/Sq Ft Est. Value

Last Sold July 20, 2022

Last sale price $225,000 $143 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,571/month

9 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • Back and Side Yard
  • Attic
  • Porch
  • Hot Water Heating System

About This Home

As of July 2022

Here is your opportunity to add a 2 unit in Palmyra to your portfolio! This well maintained duplex consists of- (1) 2 bedroom unit and (1) 3 bedroom unit. Current tenants are yearly leases with tenants on 1st floor unit pays $1,100 and 2nd floor unit pays $1,200 electric. Owner pays water, sewer and trash. Tenants pay electric and gas heat. Rear yard, detached (20x24) garage and paved driveway for ample parking.

Last Agent to Sell the Property

Austin Zechman

Iron Valley Real Estate License #RS337813 Listed on: 05/23/2022

Iron Valley Real Estate

Last Buyer's Agent

Steve Brinton

Iron Valley Real Estate License #RS305982

Iron Valley Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,827

Year Built

  • Built in 1900

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot
  • Back and Side Yard

Parking

  • 2 Car Detached Garage
  • 3 Driveway Spaces
  • 2 Off-Street Spaces
  • Front Facing Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,576 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Outdoor Features

  • Porch

Schools

  • Palmyra Area Middle School
  • Palmyra Area High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • 2 Units
  • Income includes apartment rentals

Listing and Financial Details

  • The owner pays for sewer, water, trash collection
  • Assessor Parcel Number 16-2288398-355636-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,827

Year Built

Built in 1900

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
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Here is your opportunity to add a 2 unit in Palmyra to your portfolio! This well maintained duplex consists of- (1) 2 bedroom unit and (1) 3 bedroom unit. Current tenants are yearly leases with tenants on 1st floor unit pays $1,100 and 2nd floor unit pays $1,200 electric. Owner pays water, sewer and trash. Tenants pay electric and gas heat. Rear yard, detached (20x24) garage and paved driveway for ample parking.
  • Special Features: None

Interior Features

  • Interior Amenities: Attic
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1576
  • Living Area Sq Ft: 1576
  • Price Per Sq Ft: 142.77
  • Above Grade Finished Sq Ft: 1576
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 514

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: 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
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Detached Garage, Driveway, Off Street
  • Number of Spaces in Driveway: 3
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: PALMYRA AREA
  • Middle School: PALMYRA AREA
  • High School: PALMYRA AREA
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397383
  • School District Source: Listing Agent
  • High School: PALMYRA AREA
  • Middle Or Junior School: PALMYRA AREA

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 85900.00
  • Land Assessed Value: 31500.00
  • Land Use Code: 102
  • Lot Features: Level, Not In Development, Rear Yard, Road Frontage, Sideyard(s)
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL APARTMENTS

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Sewer, Water, Trash Collection
  • Total Actual Rent: 27600.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10318815
  • School Tax: 1910.00
  • Tax Annual Amount: 2827.00
  • Assessor Parcel Number: 16-2288398-355636-0000
  • Tax Total Finished Sq Ft: 1576
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 07/20/2022

Multi Family

  • Gross Income: 27600.00
  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: PALMYRA AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Jul 20, 2022
Sold by
Hunsberger Jeremy A
Bought by
Haulman Daniel R and Haulman Julie B
Seller's Agent
Austin Zechman
Iron Valley Real Estate
Buyer's Agent
Steve Brinton
Iron Valley Real Estate
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$233,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,761
Avg. Annual Appreciation
3.31%
Original Mortgage
$168,750
Outstanding Balance
$162,094
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$86,431

Purchase Details

Listed on
Oct 16, 2017
Closed on
Jan 12, 2018
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hunsberger Jeremy A
Seller's Agent
Steven Scheib
Weichert, REALTORS-First Choice
Buyer's Agent
Philip Brubaker
Kingsway Realty - Lancaster
List Price
$89,900
Sold Price
$83,700
Premium/Discount to List
-$6,200
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.64%
Original Mortgage
$100,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2017
Sold by
Klinger Bruce E
Bought by
Kollar Jeanine

Purchase Details

Closed on
Nov 6, 2007
Sold by
Daugherty Ernest and Daugherty Vera
Bought by
Kollar Jeannie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2007
Sold by
Halkias James
Bought by
Daugherty Ernest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,800
Interest Rate
6.3%
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
Haulman Daniel R $225,000 Capitol Settlement Group
Hunsberger Jeremy A $83,700 None Available
Kollar Jeanine -- None Available
Kollar Jeannie $130,000 None Available
Daugherty Ernest $130,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haulman Daniel R $168,750
Previous Owner Hunsberger Jeremy A $96,000
Previous Owner Hunsberger Jeremy A $100,000
Previous Owner Kollar Jeannie $104,000
Previous Owner Daugherty Ernest $80,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2022 07/20/22 Sold $225,000 0.0% $143 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/23/2022 05/23/22 For Sale $225,000 +168.8% $143 / Sq Ft
01/23/2018 01/23/18 Sold $83,700 -1.4% $53 / Sq Ft
11/30/2017 11/30/17 Pending -- -- --
11/22/2017 11/22/17 Price Changed $84,900 -5.6% $54 / Sq Ft
10/16/2017 10/16/17 For Sale $89,900 -- $57 / 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 $3,355 $117,400 $31,500 $85,900
2024 $2,964 $117,400 $31,500 $85,900
2023 $2,964 $117,400 $31,500 $85,900
2022 $2,827 $117,400 $31,500 $85,900
2021 $2,628 $117,400 $31,500 $85,900
2020 $2,595 $117,400 $31,500 $85,900
2019 $2,539 $117,400 $31,500 $85,900
2018 $2,459 $117,400 $31,500 $85,900
2017 $728 $117,400 $31,500 $85,900
2016 $2,308 $117,400 $31,500 $85,900
2015 -- $117,400 $31,500 $85,900
2014 -- $117,400 $31,500 $85,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALN2005240

Bright MLS

APN: 16-2288398-355636-0000