NOT LISTED FOR SALE

57 N Reamstown Rd Stevens, PA 17578

Estimated Value: $335,000 - $383,000

-- Bed
2 Baths
2,166 Sq Ft
$166/Sq Ft Est. Value

Last Sold December 29, 2022

Last sale price $400,000 $185 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,372/month

40 Days on Market

Highlights

  • Traditional Architecture
  • Patio
  • Ceiling Fan
  • Attic
  • Kitchen Island
  • Electric Baseboard Heater

About This Home

As of December 2022

These 3 fully renovated units are ready for a new investor. Both apartment units have new flooring and paint and updated kitchens and baths. One unit has a full walk up attic and the other unit has access to the basement. Both laundries are on the main floor and all appliances are included. A two bay garage is the third rental unit and has many possibilities including a great workshop and additional parking outside. All electric in garages are separated. This has all the work done for you just ready for a new tenant/owner.

Last Agent to Sell the Property

Kim Latshaw

(717) 341-5081 kim@focusrealtypa.com Focus Realty LLC License #RM424017 Listed on: 10/06/2022

Last Buyer's Agent

David Wissler

(717) 715-2430 david@golancasterhomes.com Coldwell Banker Realty License #RS277709

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,581

Year Built

  • Built in 1850

Lot Details

  • 0.45 Acre Lot
  • Property is in excellent condition

Home Design

  • Triplex
  • Traditional Architecture
  • Stone Foundation
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,166 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Dining Area
  • Attic

Kitchen

  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Laundry

  • Electric Dryer
  • Washer

Basement

  • Connecting Stairway
  • Dirt Floor

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Outdoor Features

  • Patio

Schools

  • Cocalico High School

Utilities

  • Electric Baseboard Heater
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for insurance, real estate taxes
  • Assessor Parcel Number 080-43261-0-0000

Community Details

Overview

  • 3 Units
  • 2-Story Building

Building Details

  • 2 Vacant Units
  • Income includes apartment rentals
  • Insurance Expense $696
  • Gross Income $37,200
  • Net Operating Income $30,923

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,581

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: 2 Stoves, 2 Refrigerators, 2 microwaves, 2 dishwashers, 2 washers, 2 dryers, swing set
  • New Construction: No
  • Year Built: 1850
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: These 3 fully renovated units are ready for a new investor. Both apartment units have new flooring and paint and updated kitchens and baths. One unit has a full walk up attic and the other unit has access to the basement. Both laundries are on the main floor and all appliances are included. A two bay garage is the third rental unit and has many possibilities including a great workshop and additional parking outside. All electric in garages are separated. This has all the work done for you just ready for a new tenant/owner.
  • Special Features: None

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Dryer - Electric, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Dining Area, Kitchen - Island, Window Treatments, Attic
  • Fireplace: No
  • Foundation Details: Stone
  • Room Count: 15
  • Basement: Yes
  • Basement Type: Connecting Stairway, Dirt Floor
  • Total Sq Ft: 2166
  • Living Area Sq Ft: 2166
  • Price Per Sq Ft: 196.21
  • Above Grade Finished Sq Ft: 2166
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 57

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Frame, Vinyl Siding
  • Roof: Composite
  • Spa: No
  • 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: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

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

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: COCALICO
  • High School: COCALICO
  • High School Source: Listing Agent
  • School District Key: 300200397416
  • School District Source: Listing Agent
  • High School: COCALICO

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 175400.00
  • Land Assessed Value: 54300.00
  • Land Use Code: 114
  • Lot Size Acres: 0.45
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19602.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: None
  • Ground Rent Exists: No
  • Owner Pays: Insurance, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 37200.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3986357
  • School Tax: 4506.00
  • Tax Annual Amount: 5581.00
  • Assessor Parcel Number: 080-43261-0-0000
  • Tax Total Finished Sq Ft: 1393
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/29/2022

Multi Family

  • Number Of Units Vacant: 2
  • Gross Income: 37200.00
  • Gross Scheduled Income: 37200.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: COCALICO

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Dec 30, 2022
Sold by
Latshaw Living Trust
Bought by
Fisher Levi S and Fisher Lydia G
Seller's Agent
Kim Latshaw
Focus Realty LLC
Buyer's Agent
David Wissler
Coldwell Banker Realty
List Price
$540,000
Sold Price
$400,000
Premium/Discount to List
-$140,000
-25.93%
Views
22
Current Estimated Value
$358,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,161
Avg. Annual Appreciation
-4.28%

Purchase Details

Closed on
May 22, 2018
Sold by
Latshaw Dale Lamar and Latshaw Kimberly Sue
Bought by
Latshaw Dale Lamar and Latshaw Kimberly Sue

Purchase Details

Closed on
Jul 28, 2010
Sold by
Latshaw Brian L
Bought by
Latshaw Dale L and Latshaw Kimberly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2007
Sold by
Latshaw Dale L and Latshaw Kimberly Sue
Bought by
Latshaw Brian L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
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
Fisher Levi S $400,000 --
Latshaw Dale Lamar -- None Available
Latshaw Dale L $175,000 None Available
Latshaw Brian L $179,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Latshaw Dale L $235,000
Previous Owner Latshaw Brian L $143,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2022 12/29/22 Sold $400,000 -5.9% $185 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
10/19/2022 10/19/22 Price Changed $425,000 -14.8% $196 / Sq Ft
10/11/2022 10/11/22 Price Changed $499,000 -7.6% $230 / Sq Ft
10/06/2022 10/06/22 For Sale $540,000 -- $249 / 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 $5,722 $229,700 $54,300 $175,400
2024 $5,722 $229,700 $54,300 $175,400
2023 $5,581 $229,700 $54,300 $175,400
2022 $5,433 $229,700 $54,300 $175,400
2021 $5,425 $229,700 $54,300 $175,400
2020 $5,425 $229,700 $54,300 $175,400
2019 $5,361 $229,700 $54,300 $175,400
2018 $4,294 $229,700 $54,300 $175,400
2017 $4,171 $145,800 $36,400 $109,400
2016 $4,171 $145,800 $36,400 $109,400
2015 $3,254 $145,800 $36,400 $109,400
2014 $3,254 $145,800 $36,400 $109,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2026114

Bright MLS

APN: 080-43261-0-0000