NOT LISTED FOR SALE

526 E Main St New Holland, PA 17557

Estimated Value: $226,000 - $296,000

-- Bed
2 Baths
4,960 Sq Ft
$51/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $795,000 $160 Per Sq Ft

Current estimated payment $1,499/month

39 Days on Market

Highlights

  • Traditional Architecture
  • Central Air
  • Heat Pump System

About This Home

As of December 2021

THIS PROPERTY IS GOING TO AUCTION ON FRIDAY DECEMBER 10, 2021 @ 4:00 pm. THE LIST PRICE ONLY REFLECTS THE SUGGESTED STARTING BID. Outstanding well-maintained 4-unit townhouse complex. 2-story brick and vinyl townhouse complex with private parking lot. Each townhouse has 1, 240 sq. ft. living area, eat-in kitchen w/appliances, laundry and half bath, 3 bedrooms, and full bath. Rear patio and utility storage area. Recent updates include luxury vinyl plank flooring, carpet, plumbing and lighting.
New heat pump/central AC units (3-7 years), new roof (2 years), new waste water and grinder pump system (4 years) recently serviced. Excellent income producing property, all units are in very good condition, convenient location close to library, community park and pool, shopping, etc. Desirable ELANCO schools. This property will sell as an entirety even though it is 5 separate tracts. Each unit is identical inside, some are mirror images of the next unit. Each unit is occupied with up-to-date tenants. Truly a valuable turnkey investment rarely offered for sale, don't miss this great opportunity!

Last Agent to Sell the Property

Michael Martin

(717) 371-3333 mjcamartin@frontiernet.net Hostetter Realty LLC Listed on: 11/01/2021

Last Buyer's Agent

Michael Martin

(717) 371-3333 mjcamartin@frontiernet.net Hostetter Realty LLC Listed on: 11/01/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,578

Year Built

  • Built in 1994

Lot Details

  • 0.38 Acre Lot

Home Design

  • 4,960 Sq Ft Home
  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Parking

  • 13 Open Parking Spaces
  • 13 Parking Spaces
  • Parking Lot

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for insurance, lawn/shrub care, snow removal, trash collection
  • Assessor Parcel Number 480-27949-0-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,578

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1994
  • Special Features: Auction
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 4960
  • Living Area Sq Ft: 4960
  • Price Per Sq Ft: 120.97
  • Above Grade Finished Sq Ft: 4960
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 13
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 13

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 87400.00
  • Land Assessed Value: 28800.00
  • Lot Size Acres: 0.38
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16552.80
  • Zoning: C-2

Rental Info

  • Owner Pays: Insurance, Lawn/Shrub Care, Snow Removal, Trash Collection
  • Total Actual Rent: 48000.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4122535
  • Tax Annual Amount: 9578.00
  • Assessor Parcel Number: 480-27949-0-0000
  • Tax Year: 2021

MLS Schools

  • School District Name: EASTERN LANCASTER COUNTY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2016
Sold by
Weinhold Chris R and Weinhold Sheri L
Bought by
Class Welsh Property Llc
Current Estimated Value
$249,452

Purchase Details

Closed on
Jul 29, 2006
Sold by
Weaver Marvin R and Martin Elwood R
Bought by
Weinhold Chris R and Weinhold Sheri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2002
Sold by
Haller John D
Bought by
Weaver Marvin R and Martin Elwood R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.73%
Mortgage Type
Purchase Money 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
Class Welsh Property Llc $485,000 None Available
Weinhold Chris R $430,000 None Available
Weaver Marvin R $316,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weinhold Chris R $387,000
Previous Owner Weaver Marvin R $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2021 12/10/21 Sold $795,000 +32.5% $160 / Sq Ft
11/01/2021 11/01/21 For Sale $600,000 -- $121 / 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 $2,245 $112,500 $28,800 $83,700
2024 $2,245 $112,500 $28,800 $83,700
2023 $2,160 $112,500 $28,800 $83,700
2022 $2,139 $112,500 $28,800 $83,700
2021 $2,051 $112,500 $28,800 $83,700
2020 $2,051 $112,500 $28,800 $83,700
2019 $2,030 $112,500 $28,800 $83,700
2018 $2,787 $112,500 $28,800 $83,700
2017 $2,315 $104,400 $29,600 $74,800
2016 $2,315 $104,400 $29,600 $74,800
2015 $745 $104,400 $29,600 $74,800
2014 $1,505 $104,400 $29,600 $74,800
Source: Public Records

Agents Affiliated with this Home

  • Michael Martin

    Seller's Agent in 2021

    Michael Martin

    Hostetter Realty LLC

    (717) 371-3333

    12 in this area

    60 Total Sales

    Michael Martin
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Map

Source: Bright MLS

MLS Number: PALA2007320

Bright MLS

APN: 480-29234-0-0000

Pennsylvania Lancaster County New Holland 17557

526 E Main St, New Holland, PA

Not Listed for Sale

MultiFamily

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