NOT LISTED FOR SALE

516 S Main St Chambersburg, PA 17201

Estimated Value: $112,000 - $192,000

3 Beds
1 Bath
1,408 Sq Ft
$107/Sq Ft Est. Value

Last Sold March 09, 2012

Last sale price $76,000 $54 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $985/month

136 Days on Market

Highlights

  • 0.39 Acre Lot
  • 10 Car Detached Garage
  • Baseboard Heating
  • Colonial Architecture
  • Forced Air Heating System
  • 2-minute walk to 2nd Street Park

About This Home

As of March 2012

Great for investors or someone looking for a handyman special. This property comes with 10 fully rented storage garages that generate $730 income per month. The home renovation has been started but needs finished. Great potential. Year built is an estimate.

Last Agent to Sell the Property

James Stoneham

(301) 661-9694 james.stoneham@gmail.com Iron Valley Real Estate of Chambersburg License #5000253 Listed on: 08/02/2011

Iron Valley Real Estate of Chambersburg

Last Buyer's Agent

Nina Van Kampen

(717) 552-0014 ninacvk@gmail.com Flohr Realty License #SB065317

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,539

Year Built

  • 1900

Lot Details

  • 0.39 Acre Lot

Parking

  • 10 Car Detached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,408 Sq Ft Home
  • Property has 3 Levels
  • Unfinished Basement
  • Connecting Stairway

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4-1E17-34

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,539

Year Built

1900

Lot Details

0

Parking

10

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 1408
  • Living Area Sq Ft: 1408
  • Price Per Sq Ft: 63.85
  • Above Grade Finished Sq Ft: 1408
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Pool: No Pool

Garage/Parking

  • Garage Spaces: 10.00
  • Garage: Yes
  • Parking Features: Garage
  • Number Of Detached Garage Spaces: 10
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Detached Garage

Utilities

  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas, Oil
  • Heating Type: Baseboard, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Lot Info

  • Improvement Assessed Value: 9180.00
  • Land Assessed Value: 2170.00
  • Lot Size Acres: 0.39
  • Lot Size Area: 16988
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16988.00
  • In City Limits: Yes

Rental Info

  • Total Actual Rent: 8760.00

Tax Info

  • Tax Annual Amount: 1538.72
  • Assessor Parcel Number: 4-1E17-34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2011
Closed on
Mar 9, 2012
Sold by
Marq Real Solutions Llc
Bought by
Raber Jonathan D and Raber Lauren A
Seller's Agent
James Stoneham
Iron Valley Real Estate of Chambersburg
Buyer's Agent
Nina Van Kampen
Flohr Realty
List Price
$89,900
Sold Price
$76,000
Premium/Discount to List
-$13,900
-15.46%
Current Estimated Value
$151,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,327
Avg. Annual Appreciation
5.14%
Original Mortgage
$87,200
Outstanding Balance
$60,242
Interest Rate
3.99%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$91,085

Purchase Details

Closed on
Dec 7, 2007
Sold by
Sentry Trust Co
Bought by
Marq Real Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
6.37%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Raber Jonathan D $76,000 None Available
Marq Real Solutions Llc $51,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raber Jonathan D $87,200
Previous Owner Marq Real Solutions Llc $62,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2012 03/09/12 Sold $76,000 -15.5% $54 / Sq Ft
12/16/2011 12/16/11 Pending -- -- --
08/02/2011 08/02/11 For Sale $89,900 -- $64 / 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 $2,252 $11,350 $2,170 $9,180
2024 $2,160 $11,350 $2,170 $9,180
2023 $2,104 $11,350 $2,170 $9,180
2022 $2,047 $11,350 $2,170 $9,180
2021 $2,035 $11,350 $2,170 $9,180
2020 $1,991 $11,350 $2,170 $9,180
2019 $1,933 $11,350 $2,170 $9,180
2018 $1,874 $11,350 $2,170 $9,180
2017 $1,765 $11,350 $2,170 $9,180
2016 $325 $11,350 $2,170 $9,180
2015 $303 $11,350 $2,170 $9,180
2014 $303 $11,350 $2,170 $9,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004537958

Bright MLS

APN: 04-1E17-034-000000