NOT LISTED FOR SALE

521 N Chestnut St Palmyra, PA 17078

Estimated Value: $307,000 - $355,320

-- Bed
1 Bath
1,560 Sq Ft
$212/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $275,000 $176 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,223/month

Highlights

  • Rambler Architecture
  • 2 Car Detached Garage
  • 4-minute walk to Memorial Park of Palmyra
  • Palmyra Area Senior High School Rated 9+
  • Forced Air Heating and Cooling System

About This Home

As of June 2022

2 Houses for the price of one! Two detached single-family homes on one deed! Both are tenant-occupied with month-to-month leases. The first home (front) is a ranch house with 2 BR, 1 bath, has 720 sq. ft. of living space, and a utility shed in the backyard.
The 2nd home (rear) is a 2-story house with 3 BR, 1 bath, has 1,560 sq. ft. of living space, and was recently remodeled. Both homes boast efficient natural gas heat and central air. A divided 2-bay garage provides plenty of storage and the potential for extra rental income.
Interior photos are of rear house. No interior photos of front house.
OFFER DEADLINE: Monday, 5/23/2022 at 7:00PM .

Last Agent to Sell the Property

Stephanie Butler

(717) 222-0584 propertybutler4u@gmail.com Suburban Realty License #RS338986 Listed on: 05/17/2022

Last Buyer's Agent

Trudy Stewart

(717) 713-4101 trudystewartrealtor@gmail.com Iron Valley Real Estate of Central PA License #RS331858

Iron Valley Real Estate of Central PA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,934

Year Built

  • Built in 1970

Lot Details

  • 8,276 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • 3 Driveway Spaces
  • Side Facing Garage
  • On-Street Parking

Home Design

  • 1,560 Sq Ft Home
  • Rambler Architecture
  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • 2 Units
  • Gross Income $22,800

Listing and Financial Details

  • The owner pays for sewer, trash collection
  • Assessor Parcel Number 16-2289025-359597-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,934

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Traditional, Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Washer and Dryer in 521 Front (Rancher) belong to tenant.
  • New Construction: No
  • Expected On Market: 2022-05-17
  • Year Built: 1970
  • Automatically Close On Close Date: No
  • Remarks Public: 2 Houses for the price of one! Two detached single-family homes on one deed! Both are tenant-occupied with month-to-month leases. The first home (front) is a ranch house with 2 BR, 1 bath, has 720 sq. ft. of living space, and a utility shed in the backyard. The 2nd home (rear) is a 2-story house with 3 BR, 1 bath, has 1,560 sq. ft. of living space, and was recently remodeled. Both homes boast efficient natural gas heat and central air. A divided 2-bay garage provides plenty of storage and the potential for extra rental income. Interior photos are of rear house. No interior photos of front house. OFFER DEADLINE: Monday, 5/23/2022 at 7:00PM .
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Block
  • Total Sq Ft: 1560
  • Living Area Sq Ft: 1560
  • Price Per Sq Ft: 160.26
  • Above Grade Finished Sq Ft: 1560
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 521

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • 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
  • Garage Features: Garage - Side Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Garage, On Street, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: PALMYRA AREA
  • School District Key: 300200397383
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 168600.00
  • Land Assessed Value: 36300.00
  • Land Use Code: 101
  • Lot Size Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8276.00
  • Year Assessed: 2022
  • Zoning: TOWN RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Owner Pays: Sewer, Trash Collection
  • Total Actual Rent: 22800.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10319091
  • School Tax: 3334.00
  • Tax Annual Amount: 4934.00
  • Assessor Parcel Number: 16-2289025-359597-0000
  • Tax Total Finished Sq Ft: 1560
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/24/2022

Multi Family

  • Gross Scheduled Income: 22800.00

MLS Schools

  • School District Name: PALMYRA AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Jun 17, 2022
Sold by
Redcay Leonard M
Bought by
Germann Catherine A
Seller's Agent
Stephanie Butler
Suburban Realty
Buyer's Agent
Trudy Stewart
Iron Valley Real Estate of Central PA
List Price
$250,000
Sold Price
$275,000
Premium/Discount to List
$25,000
10%
Current Estimated Value
$330,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,830
Avg. Annual Appreciation
5.67%
Source: Public Records

Range of Values:

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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
Germann Catherine A $275,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2022 06/24/22 Sold $275,000 +10.0% $176 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $250,000 -- $160 / 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 $5,855 $204,900 $36,300 $168,600
2024 $5,173 $204,900 $36,300 $168,600
2023 $5,173 $204,900 $36,300 $168,600
2022 $4,934 $204,900 $36,300 $168,600
2021 $4,587 $204,900 $36,300 $168,600
2020 $4,529 $204,900 $36,300 $168,600
2019 $4,431 $204,900 $36,300 $168,600
2018 $4,291 $204,900 $36,300 $168,600
2017 $1,271 $204,900 $36,300 $168,600
2016 $4,029 $204,900 $36,300 $168,600
2015 -- $204,900 $36,300 $168,600
2014 -- $204,900 $36,300 $168,600
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Butler

    Seller's Agent in 2022

    Stephanie Butler

    Suburban Realty

    (717) 222-0584

    4 in this area

    58 Total Sales

    Stephanie Butler
    Section Image
  • Trudy Stewart

    Buyer's Agent in 2022

    Trudy Stewart

    Iron Valley Real Estate of Central PA

    (717) 713-4101

    5 in this area

    68 Total Sales

    Trudy Stewart
    Section Image
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Map

Source: Bright MLS

MLS Number: PALN2005036

Bright MLS

APN: 16-2289025-359597-0000

Pennsylvania Lebanon County Palmyra 17078

521 N Chestnut St, Palmyra, PA

This home is located at 521 N Chestnut St, Palmyra, PA 17078 since 17 May 2022 and is currently estimated at $330,830, approximately $212 per square foot. This property was built in 1970. 521 N Chestnut St is a home located in Lebanon County with nearby schools including Palmyra Area Senior High School.

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