NOT LISTED FOR SALE

605 W Main St Palmyra, PA 17078

Estimated Value: $207,530 - $298,000

-- Bed
2 Baths
2,592 Sq Ft
$96/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $125,000 $48 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $1,508/month

118 Days on Market

Highlights

  • No HOA
  • More Than Two Accessible Exits
  • Hot Water Heating System
  • Palmyra Area Senior High School Rated 9+

About This Home

As of March 2020

Beautiful newly remodeled 2 bedroom/1 bath. Brand new kitchen with granite countertops, bath, flooring and carpet throughout (to be installed before move in date).Washer/Dryer hook-up. Enter the apartment through a private balcony. Within walking distance to grocery stores and restaurants. Sorry l, no pets.

Last Agent to Sell the Property

Robert Fox

(717) 579-2434 bobfox@remax.net RE/MAX Pinnacle License #AB050159L Listed on: 11/04/2019

RE/MAX Pinnacle

Last Buyer's Agent

Anthony Zook

(717) 475-9256 tonyzook317@gmail.com RE/MAX Pinnacle License #RS320210

RE/MAX Pinnacle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,851

Year Built

  • Built in 1900

Lot Details

  • 0.27

Home Design

  • Duplex
  • Aluminum Siding

Interior Spaces

  • 2,592 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Electric Oven or Range

Parking

  • 4 Open Parking Spaces
  • Stone Driveway
  • Off-Street Parking

Utilities

  • Heating System Uses Oil
  • Hot Water Heating System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • More Than Two Accessible Exits
  • 0.27 Acre Lot

Listing and Financial Details

  • The owner pays for insurance, repairs, sewer, real estate taxes, trash collection, water
  • Assessor Parcel Number 16-2288117-355608-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $2,001
  • Other Expense $2,703
  • Operating Expense $7,559
  • Gross Income $18,000
  • Net Operating Income $10,441

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,851

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Stoves and refrigerators in the 2 rental units.
  • New Construction: No
  • Other Expense: 2703.00
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2592
  • Living Area Sq Ft: 2592
  • Price Per Sq Ft: 57.87
  • Above Grade Finished Sq Ft: 2592
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4
  • Parking Features: Stone Driveway
  • Type Of Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 95100.00
  • Land Assessed Value: 33900.00
  • Lot Size Acres: 0.27
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11761.00
  • Zoning: COMMERCIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Owner Pays: Insurance, Repairs, Sewer, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Total Actual Rent: 18000.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10318746
  • School Tax: 1981.00
  • Tax Annual Amount: 2851.00
  • Assessor Parcel Number: 16-2288117-355608-0000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

Multi Family

  • Gross Income: 18000.00
  • Gross Scheduled Income: 18000.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 7559.00
  • 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
Nov 4, 2019
Closed on
Mar 20, 2020
Sold by
Stoner Dennis B and Stoner Tricia M
Bought by
Fanus Robert M
Seller's Agent
Robert Fox
RE/MAX Pinnacle
Buyer's Agent
Anthony Zook
RE/MAX Pinnacle
List Price
$150,000
Sold Price
$125,000
Premium/Discount to List
-$25,000
-16.67%
Current Estimated Value
$249,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,883
Avg. Annual Appreciation
12.95%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fanus Robert M $125,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2024 09/01/24 For Rent $1,450 0.0% --
03/31/2020 03/31/20 Sold $125,000 -16.7% $48 / Sq Ft
03/01/2020 03/01/20 Pending -- -- --
11/04/2019 11/04/19 For Sale $150,000 -- $58 / 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 $2,326 $81,400 $33,900 $47,500
2024 $2,055 $81,400 $33,900 $47,500
2023 $2,055 $81,400 $33,900 $47,500
2022 $3,107 $129,000 $33,900 $95,100
2021 $2,888 $129,000 $33,900 $95,100
2020 $2,851 $129,000 $33,900 $95,100
2019 $2,790 $129,000 $33,900 $95,100
2018 $2,702 $129,000 $33,900 $95,100
2017 $800 $129,000 $33,900 $95,100
2016 $2,536 $129,000 $33,900 $95,100
2015 -- $129,000 $33,900 $95,100
2014 -- $129,000 $33,900 $95,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALN109674

Bright MLS

APN: 16-2288117-355608-0000