NOT LISTED FOR SALE

558 N Railroad St Palmyra, PA 17078

Estimated Value: $285,000 - $350,950

-- Bed
2 Baths
2,212 Sq Ft
$142/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $200,000 $90 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,076/month

Highlights

  • Carriage House
  • Corner Lot
  • Hot Water Heating System
  • Palmyra Area Senior High School Rated 9+
  • No HOA
  • Property is in very good condition

About This Home

As of October 2021

A bittersweet move makes this well maintained property available to add to your investment portfolio or as an owner occupied property as it is currently used. The second floor unit is rented for $750 per month with a lease in place. The home could be converted back to a single family home. The first floor unit contains one bedroom and 1.5 baths. Depending how you want to utilize the space, you possibly could use as 2 bedrooms. There is a full basement and attic. The second floor unit has one bedroom, and newer kitchen and bath. Heat is oil hot water baseboard heat. There are replacement windows. At the rear of the property there is a large 2 story carriage house that provides great storage or can be rented for additional income. You could convert it into an oversized garage. Property being sold 'As is'.

Last Agent to Sell the Property

Debbie Field

(717) 203-5260 homes@debrafield.com Realty ONE Group Unlimited License #RS312358 Listed on: 08/04/2021

Realty ONE Group Unlimited

Last Buyer's Agent

Joyce Reitz

(717) 273-5501 joycereitz@remax.net RE/MAX Cornerstone License #RS175747L

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,170

Year Built

  • Built in 1908

Lot Details

  • 8,712 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Carriage House
  • Traditional Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,212 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • 2 Off-Street Spaces
  • Paved Parking
  • On-Street Parking

Accessible Home Design

  • Doors are 32 inches wide or more

Schools

  • Palmyra Area High School

Utilities

  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Palmyra Subdivision

Listing and Financial Details

  • Assessor Parcel Number 16-2288753-359790-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,170

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Appliances in each unit.
  • New Construction: No
  • Year Built: 1908
  • Automatically Close On Close Date: No
  • Remarks Public: A bittersweet move makes this well maintained property available to add to your investment portfolio or as an owner occupied property as it is currently used. The second floor unit is rented for $750 per month with a lease in place. The home could be converted back to a single family home. The first floor unit contains one bedroom and 1.5 baths. Depending how you want to utilize the space, you possibly could use as 2 bedrooms. There is a full basement and attic. The second floor unit has one bedroom, and newer kitchen and bath. Heat is oil hot water baseboard heat. There are replacement windows. At the rear of the property there is a large 2 story carriage house that provides great storage or can be rented for additional income. You could convert it into an oversized garage. Property being sold 'As is'.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2212
  • Living Area Sq Ft: 2212
  • Price Per Sq Ft: 90.42
  • Above Grade Finished Sq Ft: 2212
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 558

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Carriage House
  • Construction Materials: Vinyl Siding
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 144000.00
  • Land Assessed Value: 37200.00
  • Land Use Code: 102
  • Lot Features: Cleared, Corner, Level
  • Lot Size Acres: 0.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Yearly, Owner Occupied
  • Ground Rent Exists: No
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10318961
  • School Tax: 2948.00
  • Tax Annual Amount: 4170.00
  • Assessor Parcel Number: 16-2288753-359790-0000
  • Tax Total Finished Sq Ft: 2212
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 10/08/2021

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: PALMYRA AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Oct 5, 2021
Sold by
May Cody James
Bought by
Frye Bradley M and Errichetti Frye Susan
Seller's Agent
Debbie Field
Realty ONE Group Unlimited
Buyer's Agent
Joyce Reitz
RE/MAX Cornerstone
List Price
$200,000
Sold Price
$200,000
Current Estimated Value
$313,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,488
Avg. Annual Appreciation
11.71%
Original Mortgage
$160,000
Outstanding Balance
$135,288
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
$178,200

Purchase Details

Listed on
Sep 1, 2020
Closed on
Oct 28, 2020
Sold by
Krumbine Kenneth R and Krumbine Fay M
Bought by
May Cody James
Seller's Agent
Bill Bering
Bering Real Estate Co.
Buyer's Agent
Debbie Field
Realty ONE Group Unlimited
List Price
$170,000
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.66%
Original Mortgage
$164,326
Interest Rate
2.8%
Mortgage Type
FHA
Source: Public Records

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
Frye Bradley M $200,000 Edge Abstract Independence L
May Cody James $170,000 Regal Abstract Lp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frye Bradley M $160,000
Previous Owner May Cody James $164,326
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2021 10/08/21 Sold $200,000 0.0% $90 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $200,000 +17.6% $90 / Sq Ft
10/28/2020 10/28/20 Sold $170,000 0.0% $77 / Sq Ft View Prior Sale
09/08/2020 09/08/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $170,000 -- $77 / 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 $5,178 $181,200 $37,200 $144,000
2024 $4,574 $181,200 $37,200 $144,000
2023 $4,574 $181,200 $37,200 $144,000
2022 $4,364 $181,200 $37,200 $144,000
2021 $4,056 $181,200 $37,200 $144,000
2020 $4,005 $181,200 $37,200 $144,000
2019 $3,919 $181,200 $37,200 $144,000
2018 $3,795 $181,200 $37,200 $144,000
2017 $1,124 $181,200 $37,200 $144,000
2016 $3,563 $181,200 $37,200 $144,000
2015 -- $181,200 $37,200 $144,000
2014 -- $181,200 $37,200 $144,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALN2000978

Bright MLS

APN: 16-2288753-359790-0000