NOT LISTED FOR SALE

589 Lincoln Way E Chambersburg, PA 17201

Estimated Value: $234,453

-- Bed
-- Bath
4,640 Sq Ft
$51/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $165,000 $36 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,766/month

1 Day on Market

Highlights

  • City View
  • Wood Flooring
  • Downtown Location
  • Colonial Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of July 2020

Four unit apartment building now available in the Chambersburg Borough! Two bedroom units include two up and two down. Each unit is metered separately! Great location is close to schools, shopping, and hospital. Exonomical natural gas heat. Nice yard with parking in the rear of property off of alley. Property is zoned Commercial and is being sold AS IS!!

Last Agent to Sell the Property

Tammi Hennessy

RE/MAX Realty Agency, Inc. Listed on: 06/22/2020

RE/MAX Realty Agency, Inc.

Last Buyer's Agent

Stacia Horton

Berkshire Hathaway HomeServices Homesale Realty License #RS339682

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 50x200
  • Downtown Location
  • Level Lot
  • Back Yard

Home Design

  • Quadruplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 4,640 Sq Ft Home
  • Wood Flooring
  • City Views
  • Unfinished Basement

Parking

  • 4 Parking Spaces
  • 4 Off-Street Spaces
  • Alley Access
  • Parking Lot

Schools

  • Chambersburg Area Middle School
  • Chambersburg Area Senior High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • 200+ Amp Service
  • Multi-Tank Hot Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • The owner pays for common area maintenance, insurance, real estate taxes
  • Assessor Parcel Number 3-1E03-29

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2020-06-25
  • Year Built: 1900
  • Building Winterized: No
  • Remarks Public: Four unit apartment building now available in the Chambersburg Borough! Two bedroom units include two up and two down. Each unit is metered separately! Great location is close to schools, shopping, and hospital. Exonomical natural gas heat. Nice yard with parking in the rear of property off of alley. Property is zoned Commercial and is being sold AS IS!!
  • Special Features: None

Interior Features

  • Flooring Type: Wood
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 4640
  • Living Area Sq Ft: 4640
  • Price Per Sq Ft: 36.62
  • Above Grade Finished Sq Ft: 4640
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 589

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Slate
  • Spa: No
  • View: City
  • 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: Alley, Off Street, Parking Lot
  • Off Street Parking Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Multi-Tank
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CHAMBERSBURG AREA
  • Middle School: CHAMBERSBURG AREA
  • High School: CHAMBERSBURG AREA SENIOR
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396543
  • School District Source: Listing Agent
  • High School: CHAMBERSBURG AREA SENIOR
  • Middle Or Junior School: CHAMBERSBURG AREA

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 27400.00
  • Land Assessed Value: 2200.00
  • Land Use Code: 003
  • Lot Features: Level, Rear Yard
  • Lot Size Acres: 0.23
  • Lot Dimensions: 50x200
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10019.00
  • Year Assessed: 2019
  • Zoning: COMMERCIAL

Rental Info

  • Ground Rent Exists: No
  • Number Of Units Month To Month: 1
  • Owner Pays: Common Area Maintenance, Insurance, Taxes - Real Estate
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10711839
  • Tax Annual Amount: 4996.00
  • Assessor Parcel Number: 3-1E03-29
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/10/2020

Multi Family

  • Number Of Units Vacant: 3
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: CHAMBERSBURG AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2020
Closed on
Jul 10, 2020
Sold by
Fedele Elizabeth A
Bought by
Makailey Properties Llc
Seller's Agent
Tammi Hennessy
RE/MAX Realty Agency, Inc.
Buyer's Agent
Stacia Horton
Berkshire Hathaway HomeServices Homesale Realty
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%
Current Estimated Value
$234,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,453
Avg. Annual Appreciation
6.41%
Source: Public Records

Range of Values:

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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
Makailey Properties Llc $165,000 Keystone Re Setmnt Svcs Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $165,000 -2.9% $36 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $169,900 -- $37 / 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 $5,872 $29,600 $2,200 $27,400
2024 $5,633 $29,600 $2,200 $27,400
2023 $5,488 $29,600 $2,200 $27,400
2022 $5,338 $29,600 $2,200 $27,400
2021 $5,308 $29,600 $2,200 $27,400
2020 $5,192 $29,600 $2,200 $27,400
2019 $5,041 $29,600 $2,200 $27,400
2018 $4,887 $29,600 $2,200 $27,400
2017 $4,604 $29,600 $2,200 $27,400
2016 $848 $29,600 $2,200 $27,400
2015 $790 $29,600 $2,200 $27,400
2014 $790 $29,600 $2,200 $27,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAFL173328

Bright MLS

APN: 03-1E03-029-000000