Seller's Agent in 2022
Jason Forry
Cummings & Co. Realtors
(717) 476-8787
1 in this area
253 Total Sales
53 N Water St Spring Grove, PA 17362
Estimated Value: $136,000 - $189,000
--
Bed
2
Baths
1,198
Sq Ft
$132/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Porch
- Forced Air Heating System
About This Home
As of October 2022Income producing opportunity! Well maintained two unit in downtown Spring Grove with great cashflow potential. 1st is a spacious one bedroom, 2nd floor is a one bedroom with a finished attic that could potentially be used as a 2nd bedroom. Tenants pay all of the utilities except the water. Income is based on projections for the current rental market.
Last Agent to Sell the Property
Cummings & Co. Realtors License #5000834 Listed on: 08/04/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,266
Year Built
- Built in 1926
Lot Details
- 3,058 Sq Ft Lot
- Property is in good condition
Home Design
- 1,198 Sq Ft Home
- Duplex
- Colonial Architecture
- Stone Foundation
- Aluminum Siding
- Vinyl Siding
Parking
- On-Street Parking
- Off-Street Parking
Utilities
- Forced Air Heating System
- 100 Amp Service
- Electric Water Heater
Additional Features
- Electric Oven or Range
- Porch
Listing and Financial Details
- The owner pays for insurance, repairs, real estate taxes, water
- Tax Lot 0104
- Assessor Parcel Number 85-000-02-0104-00-00000
Community Details
Overview
- 2 Units
Building Details
- 1 Vacant Unit
- Income includes apartment rentals
- Operating Expense $5,695
- Net Operating Income $14,045
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 12, 2024
Sold by
Hanna George
Bought by
Lantz Rentals Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Outstanding Balance
$284,527
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
-$135,860
Purchase Details
Listed on
Aug 4, 2022
Closed on
Oct 14, 2022
Sold by
Wist Enterprises
Bought by
Hanna George
Seller's Agent
Jason Forry
Cummings & Co. Realtors
Buyer's Agent
Kenneth Stinebaugh
Lime House
List Price
$149,900
Sold Price
$110,000
Premium/Discount to List
-$39,900
-26.62%
Views
26
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.07%
Original Mortgage
$112,000
Interest Rate
5.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 27, 2008
Sold by
Leese Dorothy
Bought by
Wist Enterprises
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 12, 1976
Bought by
Leese Dorothy
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lantz Rentals Llc | $360,000 | None Listed On Document | |
| Hanna George | $110,000 | -- | |
| Wist Enterprises | $63,000 | None Available | |
| Leese Dorothy | $17,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lantz Rentals Llc | $288,000 | |
| Previous Owner | Hanna George | $104,000 | |
| Previous Owner | Hanna George | $112,000 | |
| Previous Owner | Wist Enterprises | $30,000 | |
| Previous Owner | Wist Enterprises | $53,500 | |
| Previous Owner | Wist Enterprises | $65,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/14/2022 10/14/22 | Sold | $110,000 | -26.6% | $92 / Sq Ft |
| 09/09/2022 09/09/22 | Pending | -- | -- | -- |
| 08/04/2022 08/04/22 | For Sale | $149,900 | -- | $125 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,289 | $61,280 | $21,150 | $40,130 |
| 2024 | $2,267 | $61,280 | $21,150 | $40,130 |
| 2023 | $2,267 | $61,280 | $21,150 | $40,130 |
| 2022 | $2,267 | $61,280 | $21,150 | $40,130 |
| 2021 | $2,180 | $61,280 | $21,150 | $40,130 |
| 2020 | $2,164 | $61,280 | $21,150 | $40,130 |
| 2019 | $2,123 | $61,280 | $21,150 | $40,130 |
| 2018 | $2,036 | $61,280 | $21,150 | $40,130 |
| 2017 | $1,993 | $61,280 | $21,150 | $40,130 |
| 2016 | $0 | $61,280 | $21,150 | $40,130 |
| 2015 | -- | $61,280 | $21,150 | $40,130 |
| 2014 | -- | $61,280 | $21,150 | $40,130 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Forry
-
Carolyn Chandler
Seller Co-Listing Agent in 2022
Carolyn Chandler
Cummings & Co. Realtors
(410) 353-9278
1 in this area
193 Total Sales
-
Kenneth Stinebaugh
Buyer's Agent in 2022
Kenneth Stinebaugh
Lime House
(717) 779-7079
1 in this area
62 Total Sales
Map
Source: Bright MLS
MLS Number: PAYK2027586
APN: 85-000-02-0104.00-00000
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