NOT LISTED FOR SALE

520 Frederick St Hanover, PA 17331

Estimated Value: $247,217 - $302,000

-- Bed
4 Baths
2,072 Sq Ft
$130/Sq Ft Est. Value

Last Sold October 30, 2018

Last sale price $160,000 $77 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,655/month

Highlights

  • Colonial Architecture
  • Eat-In Kitchen
  • Hot Water Heating System
  • No HOA
  • Central Air
  • Asbestos

About This Home

As of October 2018

Close to many conveniences. Rentals consists of 3 main level units and one 2nd floor unit. All units are very nice. All separate electric. All 100 AMP breaker boxes. Thermopane windows, 2nd level heated with gas HWBB, other units heated w/electric baseboard

Last Agent to Sell the Property

Randy Hilker

RE/MAX Quality Service, Inc. License #AB050731L Listed on: 06/05/2018

RE/MAX Quality Service, Inc.

Last Buyer's Agent

Nicole Scarborough

Inch & Co. Real Estate, LLC License #RS339395

Inch & Co. Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,102

Year Built

  • Built in 1920

Lot Details

  • 1,751 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof
  • Asbestos

Interior Spaces

  • 2,072 Sq Ft Home
  • Insulated Windows
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Kitchen in Efficiency Studio

Flooring

  • Carpet
  • Vinyl

Laundry

  • Electric Dryer
  • Washer

Utilities

  • Central Air
  • Hot Water Heating System
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for repairs, sewer, real estate taxes, water
  • Tax Lot 0086
  • Assessor Parcel Number 44-000-07-0086-00-00000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $800
  • Operating Expense $3,341
  • Net Operating Income $21,358

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,102

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Remarks Public: Close to many conveniences. Rentals consists of 3 main level units and one 2nd floor unit. All units are very nice. All separate electric. All 100 AMP breaker boxes. Thermopane windows, 2nd level heated with gas HWBB, other units heated w/electric baseboard
  • Special Features: None

Interior Features

  • Appliances: Dryer - Electric, Washer
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Carpet, Kitchen - Eat-In, Kitchen - Efficiency
  • Window Features: Insulated
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Poured Concrete
  • Total Sq Ft: 2072
  • Living Area Sq Ft: 2072
  • Price Per Sq Ft: 86.82
  • Above Grade Finished Sq Ft: 2072
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 520

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Asbestos
  • Exterior Features: Street Lights
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 100 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

  • HOA: No

Schools

  • School District: SOUTH WESTERN
  • School District Key: 300200396711
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1751.00
  • Property Condition: Good
  • Year Assessed: 2017
  • Zoning: RES

Rental Info

  • Number Of Units Month To Month: 4
  • Owner Pays: Repairs, Sewer, Taxes - Real Estate, Water
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10925574
  • School Tax: 1388.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2102.00
  • Assessor Parcel Number: 44-000-07-0086-00-00000
  • Tax Lot: 0086
  • Tax Total Finished Sq Ft: 2072
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 10/30/2018

Multi Family

  • Gross Income: 25500.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 3341.00

MLS Schools

  • School District Name: SOUTH WESTERN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2005
Sold by
Waldem Associates
Bought by
Finch Brothers Llc
Current Estimated Value
$269,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,366,000
Outstanding Balance
$727,739
Interest Rate
5.59%
Mortgage Type
Unknown
Estimated Equity
-$476,152

Purchase Details

Closed on
Feb 28, 1995
Bought by
Walden Associates
Source: Public Records

Range of Values:

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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
Finch Brothers Llc $1,277,000 --
Walden Associates $65,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finch Brothers Llc $1,366,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2018 10/30/18 Sold $160,000 -11.1% $77 / Sq Ft
09/14/2018 09/14/18 Pending -- -- --
06/05/2018 06/05/18 For Sale $179,900 -- $87 / 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 $2,359 $70,000 $27,230 $42,770
2024 $2,359 $70,000 $27,230 $42,770
2023 $2,317 $70,000 $27,230 $42,770
2022 $2,267 $70,000 $27,230 $42,770
2021 $2,143 $70,000 $27,230 $42,770
2020 $2,143 $70,000 $27,230 $42,770
2018 $2,074 $70,000 $27,230 $42,770
2017 $2,027 $70,000 $27,230 $42,770
2016 $0 $70,000 $27,230 $42,770
2015 -- $70,000 $27,230 $42,770
2014 -- $70,000 $27,230 $42,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001782978

Bright MLS

APN: 44-000-07-0086.00-00000