NOT LISTED FOR SALE

736 N Railroad St Palmyra, PA 17078

Estimated Value: $186,377 - $273,000

-- Bed
2 Baths
1,312 Sq Ft
$166/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $104,500 $80 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,442/month

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 2 Car Detached Garage
  • Palmyra Area Senior High School Rated 9+
  • No HOA
  • Porch

About This Home

As of August 2018

Well maintained investment rented property located in Palmyra with easy access to Hershey + surrounding area. Currently no vacancies. Also includes detached 2 car garage that is currently rented. Natural gas heat with a recently installed furnace. Updated electrical system. Tenants pay electric + heat. Updated windows, plumbing for interior waste line replaced. Call today to see this turn key investment., Total monthly gross rents: 1,185. 2nd level tenants have been living there long term.

Last Agent to Sell the Property

Jerry Shilling

(717) 877-1884 jerry.shilling@cbhomes.com Coldwell Banker Realty License #RS187981L Listed on: 05/23/2018

Coldwell Banker Realty

Last Buyer's Agent

Michael Sechman

(717) 383-0745 michaelsechman@kw.com Keller Williams Realty License #RS342865

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot
  • Back Yard
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Stone Foundation
  • Plaster Walls
  • Shingle Roof
  • Slate Roof

Interior Spaces

  • 1,312 Sq Ft Home
  • Replacement Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Outdoor Features

  • Porch

Schools

  • Palmyra Area Middle School
  • Palmyra Area High School

Utilities

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

Listing and Financial Details

  • The owner pays for insurance, repairs, real estate taxes
  • Assessor Parcel Number 16-2288303-360668-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 3-Story Building
  • Palmyra Subdivision

Building Details

  • Rent Control
  • Income includes apartment rentals, parking
  • Gross Income $14,640

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring Type: Ceramic Tile, Vinyl, Wood
  • Interior Amenities: Carpet
  • Window Features: Replacement
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1312
  • Living Area Sq Ft: 1312
  • Price Per Sq Ft: 87.58
  • Above Grade Finished Sq Ft: 1312
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Completed: No
  • Road Surface Type: Black Top, Paved
  • Roof: Shingle, Slate
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Off Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: PALMYRA AREA
  • Middle Or Junior School: PALMYRA AREA

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 97500.00
  • Land Assessed Value: 30300.00
  • Lot Features: Level, Rear Yard
  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3920.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Zoning: RESIDENTIAL
  • Zoning Description: 2 Family

Rental Info

  • Ground Rent Exists: No
  • Number Of Units Month To Month: 1
  • Owner Pays: Insurance, Repairs, Taxes - Real Estate
  • Rent Control: Yes
  • Total Actual Rent: 14640.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10318788
  • School Tax: 1915.00
  • Tax Annual Amount: 2708.00
  • Assessor Parcel Number: 16-2288303-360668-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Multi Family

  • Gross Scheduled Income: 14640.00
  • Income Includes: Apartment Rentals, Parking

MLS Schools

  • School District Name: PALMYRA AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2018
Closed on
Aug 31, 2018
Sold by
Weaver Clark E and Weaver Eric F
Bought by
Murphree Shaun T
Seller's Agent
Jerry Shilling
Coldwell Banker Realty
Buyer's Agent
Michael Sechman
Keller Williams Realty
List Price
$114,900
Sold Price
$104,500
Premium/Discount to List
-$10,400
-9.05%
Current Estimated Value
$217,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,844
Avg. Annual Appreciation
10.77%
Original Mortgage
$78,375
Outstanding Balance
$68,207
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$149,137
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
Murphree Shaun T $104,500 Barrister Land Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphree Shaun T $78,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $104,500 -9.1% $80 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $114,900 -- $88 / 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 $3,652 $127,800 $30,300 $97,500
2024 $3,226 $127,800 $30,300 $97,500
2023 $3,226 $127,800 $30,300 $97,500
2022 $3,078 $127,800 $30,300 $97,500
2021 $2,861 $127,800 $30,300 $97,500
2020 $2,825 $127,800 $30,300 $97,500
2019 $2,764 $127,800 $30,300 $97,500
2018 $2,676 $127,800 $30,300 $97,500
2017 $793 $127,800 $30,300 $97,500
2016 $2,513 $127,800 $30,300 $97,500
2015 -- $127,800 $30,300 $97,500
2014 -- $127,800 $30,300 $97,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001547342

Bright MLS

APN: 16-2288303-360668-0000