NOT LISTED FOR SALE

5516 Hanover Rd Hanover, PA 17331

Estimated Value: $313,000 - $328,000

-- Bed
2 Baths
1,440 Sq Ft
$221/Sq Ft Est. Value

Last Sold December 07, 2022

Last sale price $250,000 $174 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,253/month

75 Days on Market

Highlights

  • Colonial Architecture
  • Shed
  • Ceiling Fan
  • Ramp on the main level
  • 90% Forced Air Heating System
  • Dining Area

About This Home

As of December 2022

Two homes on one deed. 5516 is the 2 story home, 3bd, 2ba updated 2009/2010. 5510 is the bungalow home, 2bd, 1ba. Live in one and rent the other or ideal for an inlaw situation where you can be right next door to each other. Parking on both sides of the 2story. Both are vacant and the seller is open to renting them both now, depending on what the buyer wants. 2 story has kitchen, separate dining, living, full bath w/ laundry on main level and 3 bedrooms with full bath on upper level. The primary bd in the 2 story home is a double room/pass thru with private bath. Laminate & tile flooring, deck, shed and cellar basement. The bungalow has kitchen w/ table space, living room, 2 bedrooms, bathroom and a mud/laundry room w/ crawl space. The smaller home also has concrete porches at front/side and at the back with ramps. A range conveys with each home. Gas range in 5516 w/ gas water heater. Electric range and electric water heater in 5510. One shared well with public sewer. Lots of parking options and a few garden boxes.

Last Listed By

Melissa Divers-Reed

RE/MAX Solutions License #505037 Listed on: 08/26/2022

RE/MAX Solutions

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,999

Year Built

  • Built in 1970

Lot Details

  • 0.75

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Dining Area
  • Gas Oven or Range

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces
  • Off-Street Parking

Utilities

  • 90% Forced Air Heating System
  • Well
  • Electric Water Heater

Additional Features

  • Ramp on the main level
  • Shed
  • 0.75 Acre Lot

Community Details

  • 2 Units
  • 1 Vacant Unit

Listing and Financial Details

  • Tax Lot 0062
  • Assessor Parcel Number 08K14-0062---000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,999

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Ramp - Main Level
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2022-08-26
  • Year Built: 1970
  • Remarks Public: Two homes on one deed. 5516 is the 2 story home, 3bd, 2ba updated 2009/2010. 5510 is the bungalow home, 2bd, 1ba. Live in one and rent the other or ideal for an inlaw situation where you can be right next door to each other. Parking on both sides of the 2story. Both are vacant and the seller is open to renting them both now, depending on what the buyer wants. 2 story has kitchen, separate dining, living, full bath w/ laundry on main level and 3 bedrooms with full bath on upper level. The primary bd in the 2 story home is a double room/pass thru with private bath. Laminate & tile flooring, deck, shed and cellar basement. The bungalow has kitchen w/ table space, living room, 2 bedrooms, bathroom and a mud/laundry room w/ crawl space. The smaller home also has concrete porches at front/side and at the back with ramps. A range conveys with each home. Gas range in 5516 w/ gas water heater. Electric range and electric water heater in 5510. One shared well with public sewer. Lots of parking options and a few garden boxes.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Gas, Oven/Range - Electric
  • Interior Amenities: Ceiling Fan(s), Dining Area
  • Foundation Details: Stone, Other
  • Total Sq Ft: 2160
  • Living Area Sq Ft: 1440
  • Price Per Sq Ft: 189.58
  • Above Grade Finished Sq Ft: 1440
  • Below Grade Sq Ft: 720
  • Total Below Grade Sq Ft: 720
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5516

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • 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: 6
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Schools

  • School District: CONEWAGO VALLEY
  • School District Key: 300200396431
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 197600.00
  • Land Assessed Value: 37100.00
  • Land Use Code: 101
  • Lot Size Acres: 0.75
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 32670.00
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL

Rental Info

  • Number Of Units Month To Month: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11188690
  • School Tax: 3485.00
  • Tax Annual Amount: 4999.00
  • Assessor Parcel Number: 08K14-0062---000
  • Tax Lot: 0062
  • Tax Total Finished Sq Ft: 1440
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/07/2022

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: CONEWAGO VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Dec 13, 2022
Sold by
Morlock Charles W
Bought by
Bixler Jessica M and Breivogel Samuel F
Seller's Agent
Melissa Divers-Reed
RE/MAX Solutions
Buyer's Agent
Colby Jacobs
Keller Williams Keystone Realty
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Total Days on Market
75
Views
104
Current Estimated Value
$318,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,707
Avg. Annual Appreciation
9.43%
Original Mortgage
$237,500
Outstanding Balance
$232,000
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$80,023

Purchase Details

Closed on
Oct 8, 2010
Sold by
Smith Jeremy Craig and Harrington Robert
Bought by
Morlock Charles W

Range of Values:

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Average Value
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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
Bixler Jessica M $250,000 Title Services
Morlock Charles W $136,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bixler Jessica M $237,500
Previous Owner Smith Jeremy Craig $141,620
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2022 12/07/22 Sold $250,000 -8.4% $174 / Sq Ft
11/10/2022 11/10/22 Pending -- -- --
11/01/2022 11/01/22 Price Changed $273,000 -0.7% $190 / Sq Ft
08/26/2022 08/26/22 For Sale $275,000 -- $191 / 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 $5,630 $235,100 $36,700 $198,400
2024 $5,200 $235,100 $36,700 $198,400
2023 $4,991 $234,300 $36,700 $197,600
2022 $4,846 $234,700 $37,100 $197,600
2021 $4,722 $234,700 $37,100 $197,600
2020 $4,729 $234,700 $37,100 $197,600
2019 $4,517 $234,700 $37,100 $197,600
2018 $4,422 $234,700 $37,100 $197,600
2017 $4,240 $234,700 $37,100 $197,600
2016 -- $234,700 $37,100 $197,600
2015 -- $234,700 $37,100 $197,600
2014 -- $234,700 $37,100 $197,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAAD2006366

Bright MLS

APN: 08-K14-0062-000