NOT LISTED FOR SALE

622 Auction Rd Manheim, PA 17545

Estimated Value: $456,000 - $810,000

-- Bed
4 Baths
3,680 Sq Ft
$168/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $240,000 $65 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $4,007/month

53 Days on Market

Highlights

  • 1.4 Acre Lot
  • Window Unit Cooling System
  • Heating Available
  • No HOA

About This Home

As of May 2017

Come and see this property with endless investment possibilities, amazing views and tons of potential. It features 2 units: a single family ranch with huge 2-car garage and a loft that can fit all your belongings as well as a 2-car detached garage that could be used as a possible business/storage that sits on 1.40 acres. Come and see this beautiful property!

Last Buyer's Agent

Curvin Horning

Kingsway Realty - Ephrata

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2003

Lot Details

  • 1.4

Parking

  • Off-Street Parking

Home Design

  • Shingle Roof
  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Schools

  • Manheim Central High School

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Well
  • Electric Water Heater
  • Shared Septic

Additional Features

  • Basement Fills Entire Space Under The House
  • 1.4 Acre Lot

Listing and Financial Details

  • Tenant pays for heat, trash removal, electricity
  • Assessor Parcel Number 5000968700000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Income includes apartment rentals, professional offices
  • Electric Expense $300
  • Insurance Expense $4,390
  • Other Expense $600
  • Operating Expense $5,290
  • Net Operating Income $30,209

Property Details

Home Type

Multi-Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • New Construction: No
  • Other Expense: 600.00
  • Storage: Basement
  • Year Built: 2003
  • Remarks Public: Come and see this property with endless investment possibilities, amazing views and tons of potential. It features 2 units: a single family ranch with huge 2-car garage and a loft that can fit all your belongings as well as a 2-car detached garage that could be used as a possible business/storage that sits on 1.40 acres. Come and see this beautiful property!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Street Number Modifier: 622

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Construction Completed: No
  • Roof: Composite, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Electric Expense: 300.00
  • Electric Service: Circuit Breakers
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Shared Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: MANHEIM CENTRAL
  • High School: MANHEIM CENTRAL
  • School District Key: 300200397379
  • High School: MANHEIM CENTRAL

Lot Info

  • Land Use Code: AG-824
  • Lot Size Acres: 1.40
  • Property Attached Yn: Yes
  • Zoning Description: Res/Multi-Family,Residential
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Heat, Trash Removal, Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4125996
  • School Tax: 4956.92
  • Tax Annual Amount: 6500.63
  • Assessor Parcel Number: 5000968700000
  • County Tax Payment Frequency: Annually
  • Close Date: 05/31/2017

Multi Family

  • Gross Income: 42000.00
  • Income Includes: Apartment Rentals, Professional Offices
  • Operating Expense: 5290.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: MANHEIM CENTRAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2017
Closed on
May 31, 2017
Sold by
Zeiset Alan W and Zeiset Esther S
Bought by
Triple Crown Rental Llc
Buyer's Agent
Curvin Horning
Kingsway Realty - Ephrata
List Price
$305,000
Sold Price
$240,000
Premium/Discount to List
-$65,000
-21.31%
Current Estimated Value
$617,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,690
Avg. Annual Appreciation
12.89%

Purchase Details

Closed on
Oct 28, 2002
Sold by
Ulrich Dale E and Ulrich Joyce E
Bought by
Zeiset Alan W and Zeiset Esther S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
6.03%
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
Triple Crown Rental Llc $240,000 None Available
Zeiset Alan W $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zeiset Alan W $142,400
Previous Owner Zeiset Alan W $151,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2017 05/31/17 Sold $240,000 -21.3% $65 / Sq Ft
05/13/2017 05/13/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $305,000 -- $83 / 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
2024 $7,700 $377,700 $81,400 $296,300
2023 $7,538 $377,700 $81,400 $296,300
2022 $7,344 $377,700 $81,400 $296,300
2021 $7,178 $377,700 $81,400 $296,300
2020 $7,178 $377,700 $81,400 $296,300
2019 $7,054 $377,700 $81,400 $296,300
2018 $5,297 $377,700 $81,400 $296,300
2016 $6,501 $278,900 $48,600 $230,300
2015 $1,544 $278,900 $48,600 $230,300
2014 $4,672 $278,900 $48,600 $230,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Buyer's Agent in 2017

    Curvin Horning

    Kingsway Realty - Ephrata

    (717) 606-2226

    14 in this area

    317 Total Sales

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Map

Source: Bright MLS

MLS Number: 1002740699

Bright MLS

APN: 500-09687-0-0000

Pennsylvania Lancaster County Manheim 17545

622 Auction Rd, Manheim, PA

This home is located at 622 Auction Rd, Manheim, PA 17545 since 21 March 2017 and is currently estimated at $617,690, approximately $167 per square foot. This property was built in 2003. 622 Auction Rd is a home located in Lancaster County with nearby schools including Manheim Central Senior High School and Sporting Hill Christian School.

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