NOT LISTED FOR SALE

838 Clay Aly Mount Joy, PA 17552

Estimated Value: $271,336 - $578,000

-- Bed
4 Baths
3,248 Sq Ft
$136/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $275,000 $85 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,477/month

38 Days on Market

Highlights

  • 0.92 Acre Lot
  • No HOA
  • Baseboard Heating

About This Home

As of October 2016

2 unit residential unit with 12 garages and/or storage spaces on 0.92 acre. Apartment rents are low. Unique investment opportunity. 2 new 100 AMP service panels.

Last Agent to Sell the Property

Sheri Dougherty

(717) 203-7306 sdougherty@whrealestate.com Howard Hanna Real Estate Services - Lancaster License #RS117020A Listed on: 06/03/2016

Howard Hanna Real Estate Services - Lancaster

Last Buyer's Agent

Robert Kruppenbach Jr

(717) 575-0906 Bobkrupprealtor@gmail.com Realty ONE Group Unlimited License #RS311544

Realty ONE Group Unlimited

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,450

Year Built

  • Built in 1955

Lot Details

  • 0.92 Acre Lot
  • Lot Dimensions are 201x203x200x208
  • Property is in good condition

Home Design

  • Converted Dwelling
  • Poured Concrete
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Rubber Roof
  • Aluminum Siding
  • Stone Siding

Laundry

  • Washer and Dryer Hookup

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Donegal Elementary And Middle School
  • Donegal High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Tenant pays for heat, hot water, sewer, trash removal, electricity, water
  • Assessor Parcel Number 4504108600000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,897
  • Other Expense $259
  • Operating Expense $2,156
  • Net Operating Income $18,835

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,450

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • Current Use: Office
  • New Construction: No
  • Other Expense: 259.00
  • Storage: Basement
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete

Exterior Features

  • Construction Materials: Aluminum Siding, Block, Frame, Stone
  • Construction Completed: No
  • Roof: Composite, Shingle, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Spaces Total: 4.00
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service, 200+ Amp Service
  • Heating Type: Baseboard, Hot Water, Oil
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: DONEGAL
  • High School: DONEGAL
  • Middle Or Junior School: DONEGAL

Lot Info

  • Lot Size Acres: 0.92
  • Lot Dimensions: 201x203x200x208
  • Property Condition: Good
  • Zoning: NEIGH. COM'L
  • Zoning Description: Other - See Remarks
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 4115532
  • School Tax: 3935.69
  • Tax Annual Amount: 5450.29
  • Assessor Parcel Number: 4504108600000
  • County Tax Payment Frequency: Annually

Multi Family

  • Gross Income: 26364.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 2156.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: DONEGAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2016
Closed on
Oct 14, 2016
Sold by
Zeamer William C and Zeamer Bryan R
Bought by
Melhorn Melhorn J and Melhorn Wendy S
Seller's Agent
Sheri Dougherty
Howard Hanna Real Estate Services - Lancaster
Buyer's Agent
Robert Kruppenbach Jr
Realty ONE Group Unlimited
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%
Current Estimated Value
$442,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,779
Avg. Annual Appreciation
5.34%

Purchase Details

Closed on
Aug 18, 2011
Sold by
Zeamer William C and Zeamer Bryan R
Bought by
Zeamer William C and Zeamer Bryan R

Purchase Details

Closed on
Aug 15, 2007
Sold by
Union National Community Bank
Bought by
Zeamer William C and Zeamer Bryan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Melhorn Melhorn J $275,000 None Available
Zeamer William C $158,555 None Available
Zeamer William C $369,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zeamer William C $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2016 10/14/16 Sold $275,000 -6.8% $85 / Sq Ft
07/11/2016 07/11/16 Pending -- -- --
06/03/2016 06/03/16 For Sale $295,000 -- $91 / 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 $1,777 $66,400 $66,400 --
2024 $1,777 $66,400 $66,400 --
2023 $1,752 $66,400 $66,400 $0
2022 $1,725 $66,400 $66,400 $0
2021 $1,679 $66,400 $66,400 $0
2020 $1,679 $66,400 $66,400 $0
2019 $1,649 $66,400 $66,400 $0
2018 $1,962 $66,400 $66,400 $0
2017 $5,450 $38,400 $38,400 $0
2016 $5,450 $175,200 $38,400 $136,800
2015 $1,515 $175,200 $38,400 $136,800
2014 $3,859 $175,200 $38,400 $136,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002738607

Bright MLS

APN: 450-41086-0-0000