NOT LISTED FOR SALE

624 W Main St Mount Joy, PA 17552

Estimated Value: $420,000 - $504,000

-- Bed
5 Baths
2,480 Sq Ft
$188/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $370,000 $149 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,161/month

10 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Bathtub with Shower
  • Wood Flooring
  • No HOA
  • Forced Air Heating System

About This Home

As of June 2021

A 4 unit in Mount Joy is a rare find! The rents need to be adjusted to market value. Long time tenants reflect low rents. Adjusted rents should be in the $46,000 - $48,600 range. This is a great income producing property. Don't delay, schedule your showing today! Unit A is a 3 Bedroom, 1 1/2 Bath with spacious first floor rooms, powder room and laundry. 3 bedrooms, full bath and office on the 2nd floor, gas heat. 1 Bedroom efficiency apartment with electric BB heat behind Unit A. Units C & D are in a detached building to the rear of the property and have electric BB Heat. Unit C offers 1 Floor Living with 2 Bedrooms. Unit D's living space is on the 2nd floor with 2 Bedrooms. 4 off street parking spaces

Last Agent to Sell the Property

Ferne Silberman

Berkshire Hathaway HomeServices Homesale Realty License #AB068142 Listed on: 04/27/2021

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Brian Weiland

RE/MAX Pinnacle

RE/MAX Pinnacle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,271

Year Built

  • Built in 1850

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 40 x 200
  • Property is in very good condition

Home Design

  • Quadruplex
  • Traditional Architecture
  • Frame Construction
  • Composition Roof
  • Metal Siding

Interior Spaces

  • Bathtub with Shower
  • 2,480 Sq Ft Home
  • 1 Fireplace
  • Replacement Windows
  • Window Screens
  • Partial Basement
  • Electric Oven or Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 4 Off-Street Spaces

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Baseboard Heater
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for water, sewer
  • Assessor Parcel Number 450-48565-0-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,455
  • Other Expense $2,456
  • Trash Expense $1,048
  • Net Operating Income $27,338

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,271

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenants Possessions
  • Historic: No
  • Inclusions: Washer & Dryer in Units C & D. Hook-up available in Unit A, Window Units in Unit D, Wall Unit in Unit C. Refrigerators in all Units
  • New Construction: No
  • Other Expense: 2456.00
  • Year Built: 1850
  • Automatically Close On Close Date: No
  • Remarks Public: A 4 unit in Mount Joy is a rare find! The rents need to be adjusted to market value. Long time tenants reflect low rents. Adjusted rents should be in the $46,000 - $48,600 range. This is a great income producing property. Don't delay, schedule your showing today! Unit A is a 3 Bedroom, 1 1/2 Bath with spacious first floor rooms, powder room and laundry. 3 bedrooms, full bath and office on the 2nd floor, gas heat. 1 Bedroom efficiency apartment with electric BB heat behind Unit A. Units C & D are in a detached building to the rear of the property and have electric BB Heat. Unit C offers 1 Floor Living with 2 Bedrooms. Unit D's living space is on the 2nd floor with 2 Bedrooms. 4 off street parking spaces
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Washer, Oven/Range - Electric, Dryer
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Carpet, Tub Shower, Wood Floors
  • Window Features: Replacement, Screens
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 2480
  • Living Area Sq Ft: 2480
  • Price Per Sq Ft: 157.22
  • Above Grade Finished Sq Ft: 2480
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 624

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame, Metal Siding
  • Exterior Features: Sidewalks
  • Roof: Composite
  • 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: Off Street
  • Off Street Parking Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s), Wall Unit
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Forced Air, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: DONEGAL
  • School District Key: 300200397375
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 120
  • Lot Size Acres: 0.18
  • Lot Dimensions: 40 x 200
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7841.00
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: NEIGHBORHOOD COMMERCIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Owner Pays: Water, Sewer
  • Total Actual Rent: 39600.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • School Tax: 5342.00
  • Tax Annual Amount: 7271.00
  • Assessor Parcel Number: 450-48565-0-0000
  • Tax Total Finished Sq Ft: 2714
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/15/2021

Multi Family

  • Gross Income: 39600.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: DONEGAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
Jun 15, 2021
Sold by
Brenaman Lester Brian and Brenaman Debbie E
Bought by
Metzler Douglas E and Metzler Whitney N
Seller's Agent
Ferne Silberman
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Brian Weiland
RE/MAX Pinnacle
List Price
$389,900
Sold Price
$370,000
Premium/Discount to List
-$19,900
-5.1%
Current Estimated Value
$465,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,685
Avg. Annual Appreciation
6.54%
Original Mortgage
$277,500
Outstanding Balance
$253,961
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$228,574
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
Metzler Douglas E $370,000 Regal Abstract L P
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Metzler Whitney N $140,000
Open Metzler Douglas E $277,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $370,000 -5.1% $149 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $389,900 -- $157 / 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 $7,489 $279,900 $38,600 $241,300
2023 $7,386 $279,900 $38,600 $241,300
2022 $7,271 $279,900 $38,600 $241,300
2021 $7,078 $279,900 $38,600 $241,300
2020 $7,078 $279,900 $38,600 $241,300
2019 $6,950 $279,900 $38,600 $241,300
2018 $5,085 $279,900 $38,600 $241,300
2017 $6,440 $207,000 $30,100 $176,900
2016 $6,440 $207,000 $30,100 $176,900
2015 $1,790 $207,000 $30,100 $176,900
2014 $4,559 $207,000 $30,100 $176,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA181174

Bright MLS

APN: 450-48565-0-0000