NOT LISTED FOR SALE

78 W Main St Reinholds, PA 17569

Estimated Value: $285,000 - $414,000

2 Beds
2 Baths
1,324 Sq Ft
$282/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $290,000 $219 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,648/month

4 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Hot Water Heating System

About This Home

As of March 2021

Two beautiful cottages located at 78 W Main St. Adamstown, PA 19501 (includes a Greenhouse and 2 Carriage Houses) Details for Yellow Cottage Beds: 2 Baths: 2 Year Built: 1700s Current rental rate per night: $239! Details for Green Cottage Beds: 3 Baths: 1.5 (features full bath with Jacuzzi tub and shower) Year Built: 1700s Current rental rate per night: $199! Asking: All goes for ONLY $285k! Rehab: $0K The package includes 2 cottage houses, 2 carriage houses, and a greenhouse. The cottages are gems! They are the perfect AirBnb vacation and also good for longer term rentals such as for traveling nurses or young professionals. Located about 30 minutes from the city of Lancaster, this property is near shopping outlets, golf courses, and if you enjoy history, not far from different historical sites. A block down the street, the seller also has a gorgeous Bed and Breakfast available for sale. Contact us if you would like more details about that.

Last Agent to Sell the Property

Josh Heller

JRHeller.com LLC License #RS338767 Listed on: 02/01/2021

Last Buyer's Agent

Niv Lemoine

Keller Williams Elite License #RS335064

Keller Williams Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,833

Year Built

  • Built in 1940

Lot Details

  • 0.73 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 1,324 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Radiator
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 010-93290-0-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,833

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Remarks Public: Two beautiful cottages located at 78 W Main St. Adamstown, PA 19501 (includes a Greenhouse and 2 Carriage Houses) Details for Yellow Cottage Beds: 2 Baths: 2 Year Built: 1700s Current rental rate per night: $239! Details for Green Cottage Beds: 3 Baths: 1.5 (features full bath with Jacuzzi tub and shower) Year Built: 1700s Current rental rate per night: $199! Asking: All goes for ONLY $285k! Rehab: $0K The package includes 2 cottage houses, 2 carriage houses, and a greenhouse. The cottages are gems! They are the perfect AirBnb vacation and also good for longer term rentals such as for traveling nurses or young professionals. Located about 30 minutes from the city of Lancaster, this property is near shopping outlets, golf courses, and if you enjoy history, not far from different historical sites. A block down the street, the seller also has a gorgeous Bed and Breakfast available for sale. Contact us if you would like more details about that.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1324
  • Living Area Sq Ft: 1324
  • Price Per Sq Ft: 215.26
  • Above Grade Finished Sq Ft: 1324
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 78

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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
  • Heating Type: Hot Water, Radiator
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: COCALICO
  • School District Key: 300200397416
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 176900.00
  • Land Assessed Value: 108700.00
  • Land Use Code: 114
  • Lot Size Acres: 0.73
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 31799.00
  • Year Assessed: 2021
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3975303
  • School Tax: 5419.00
  • Tax Annual Amount: 6833.00
  • Assessor Parcel Number: 010-93290-0-0000
  • Tax Total Finished Sq Ft: 1324
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 03/05/2021

MLS Schools

  • School District Name: COCALICO

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Mar 5, 2021
Sold by
Huang Yu
Bought by
Lessey Micah W and Lessey Holly M
Seller's Agent
Josh Heller
JRHeller.com LLC
Buyer's Agent
Niv Lemoine
Keller Williams Elite
List Price
$285,000
Sold Price
$290,000
Premium/Discount to List
$5,000
1.75%
Current Estimated Value
$371,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,041
Avg. Annual Appreciation
7.33%
Original Mortgage
$261,250
Outstanding Balance
$237,888
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$158,338

Purchase Details

Closed on
Feb 23, 2017
Sold by
Berman Thomas K and Berman Wanda S
Bought by
Huang Yu
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
Lessey Micah W $290,000 Premier Settlements
Huang Yu $265,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lessey Micah W $261,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $290,000 +1.8% $219 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $285,000 -- $215 / 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 $7,183 $285,600 $108,700 $176,900
2023 $7,017 $285,600 $108,700 $176,900
2022 $6,833 $285,600 $108,700 $176,900
2021 $6,833 $285,600 $108,700 $176,900
2020 $6,833 $285,600 $108,700 $176,900
2019 $6,753 $285,600 $108,700 $176,900
2018 $1,414 $285,600 $108,700 $176,900
2016 $4,916 $169,200 $43,200 $126,000
2015 $1,055 $169,200 $43,200 $126,000
2014 $3,777 $169,200 $43,200 $126,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA176808

Bright MLS

APN: 010-93290-0-0000