NOT LISTED FOR SALE

7 W Hanover St Gettysburg, PA 17325

Estimated Value: $237,000 - $276,000

-- Bed
1 Bath
2,160 Sq Ft
$116/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $155,000 $72 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,644/month

10 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Hot Water Heating System
  • Wood Flooring
  • Downtown Location
  • Asbestos

About This Home

As of May 2021

INSTANT INCOME HERE! 2 units already rented with steady income and the 3rd apartment remodeled and ready to create more! This location is convenient to downtown benefits for tourists with easy access to Route 116, Route 30, and Route 15. This market is great for the investor!! Apt 1 Rent $900 (includes utilities), Apt 2 $750 (renter pays electric only), Apt 3 rented in the past for $400 (utilities included)

Last Agent to Sell the Property

Donna Reinhart

Berkshire Hathaway HomeServices Homesale Realty License #RS344805 Listed on: 03/30/2021

Last Buyer's Agent

Robin Mede-Butt

Iron Valley Real Estate Hanover License #95501

Iron Valley Real Estate Hanover

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,801

Year Built

  • Built in 1900

Lot Details

  • 2,280 Sq Ft Lot
  • Downtown Location
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Metal Roof
  • Aluminum Siding
  • Asbestos

Interior Spaces

  • Partial Basement
  • Fire Escape
  • Stove

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Utilities

  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for heat, sewer, water
  • Assessor Parcel Number 16007-0322---000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 3-Story Building

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals
  • Insurance Expense $1,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,801

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Any personal property of tenants
  • Historic: No
  • Inclusions: Owner owns appliances
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: INSTANT INCOME HERE! 2 units already rented with steady income and the 3rd apartment remodeled and ready to create more! This location is convenient to downtown benefits for tourists with easy access to Route 116, Route 30, and Route 15. This market is great for the investor!! Apt 1 Rent $900 (includes utilities), Apt 2 $750 (renter pays electric only), Apt 3 rented in the past for $400 (utilities included)
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Stove
  • Flooring Type: Carpet, Hardwood, Laminated, Vinyl
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 2720
  • Living Area Sq Ft: 2160
  • Price Per Sq Ft: 69.40
  • Above Grade Finished Sq Ft: 2160
  • Below Grade Sq Ft: 560
  • Total Below Grade Sq Ft: 560
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Asbestos, Aluminum Siding
  • Exterior Features: Fire Escape
  • Roof: Metal
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Monthly Average Electric: 121
  • Previous Twelve Months Electric Expense: 1452.00
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Sewer Available, Water Available
  • Monthly Water Average: 40
  • Water Previous Twelve Months: 480.00
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: GETTYSBURG AREA
  • School District Key: 300200396236
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 101
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2280.00
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: R2 MOD DENSIT RES
  • Zoning Description: See associated documents

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Heat, Sewer, Water
  • Rent Control: No
  • Total Actual Rent: 24600.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 1554.00
  • Tax Annual Amount: 2801.00
  • Assessor Parcel Number: 16007-0322---000
  • Tax Total Finished Sq Ft: 2160
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/14/2021

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 19200.00
  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: GETTYSBURG AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 1985
Bought by
Gebhart Thomas P and Gebhart Mary L
Total Days on Market
10
Current Estimated Value
$250,000
Source: Public Records

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Range of Values:

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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
Gebhart Thomas P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gebhart Thomas P $519,096
Open Gebhart Thomas P $2,329,707
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $155,000 +3.4% $72 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $149,900 -- $69 / 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 $3,804 $178,200 $79,200 $99,000
2024 $3,656 $178,200 $79,200 $99,000
2023 $3,547 $178,200 $79,200 $99,000
2022 $3,435 $178,200 $79,200 $99,000
2021 $3,323 $178,200 $79,200 $99,000
2020 $3,485 $178,200 $79,200 $99,000
2019 $3,413 $178,200 $79,200 $99,000
2018 $3,152 $178,200 $79,200 $99,000
2017 $3,063 $178,200 $79,200 $99,000
2016 -- $178,200 $79,200 $99,000
2015 -- $178,200 $79,200 $99,000
2014 -- $178,200 $79,200 $99,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAAD115358

Bright MLS

APN: 06-005-0051-000