NOT LISTED FOR SALE

Manheim, PA 17545

Estimated Value: $966,844

-- Bed
-- Bath
12,210 Sq Ft
$79/Sq Ft Est. Value

Last Sold November 02, 2015

Last sale price $1,075,000 $88 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $6,613/month

About This Home

As of November 2015

Multi-family property with restaurant, 10% cap rate. Fully occupied with a waiting list. Excellent location, walking distance to downtown, great condition, below market rents. Call Matt Wolf for financials and showing instructions.

Last Agent to Sell the Property

Matthew Wolf

mwolf@high.net High Associates Ltd. Listed on: 05/07/2015

Last Buyer's Agent

Matthew Wolf

mwolf@high.net High Associates Ltd. Listed on: 05/07/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,296

Lot Details

  • 0.33 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Schools

  • Doe Run Elementary School
  • Manheim Central Middle School
  • Manheim Central High School

Utilities

  • Window Unit Cooling System
  • 200+ Amp Service
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 400-48566-0-0000

Community Details

Overview

  • No Home Owners Association
  • 30 Units
  • Manheim Subdivision

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,296

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Remarks Public: Multi-family property with restaurant, 10% cap rate. Fully occupied with a waiting list. Excellent location, walking distance to downtown, great condition, below market rents. Call Matt Wolf for financials and showing instructions.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Street Number Modifier: 31

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Rubber
  • 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
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MANHEIM CENTRAL
  • Elementary School: DOE RUN
  • Middle School: MANHEIM CENTRAL
  • High School: MANHEIM CENTRAL
  • School District Key: 300200397379
  • Elementary School: DOE RUN
  • High School: MANHEIM CENTRAL
  • Middle Or Junior School: MANHEIM CENTRAL

Lot Info

  • Land Use Code: R-113
  • Lot Size Acres: 0.33
  • Zoning: CENTRAL BUS
  • Zoning Description: Central Business Dst
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4100894
  • School Tax: 8227.02
  • Tax Annual Amount: 12296.31
  • Assessor Parcel Number: 400-48566-0-0000
  • County Tax Payment Frequency: Annually
  • Close Date: 11/02/2015

Multi Family

  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: MANHEIM CENTRAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2024
Sold by
Firm Foundations Property Solutions Llc
Bought by
31 S Main St Llc
Current Estimated Value
$966,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,000
Outstanding Balance
$727,727
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$239,117

Purchase Details

Listed on
May 7, 2015
Closed on
Nov 2, 2015
Sold by
Plaksin David C and Plaksin Maria E
Bought by
Firm Foundations Property Solutions Llc
Seller's Agent
Matthew Wolf
High Associates Ltd.
Buyer's Agent
Matthew Wolf
High Associates Ltd.
List Price
$1,300,000
Sold Price
$1,075,000
Premium/Discount to List
-$225,000
-17.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.06%
Original Mortgage
$689,000
Interest Rate
3.88%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
31 S Main St Llc $920,000 None Listed On Document
Firm Foundations Property Solutions Llc $1,075,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 31 S Main St Llc $736,000
Previous Owner Firm Foundations Property Solutions Llc $689,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2015 11/02/15 Sold $1,075,000 -17.3% $88 / Sq Ft
09/01/2015 09/01/15 Pending -- -- --
05/07/2015 05/07/15 For Sale $1,300,000 -- $106 / 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 $18,030 $748,300 $64,600 $683,700
2024 $18,030 $748,300 $64,600 $683,700
2023 $17,138 $748,300 $64,600 $683,700
2022 $17,138 $748,300 $64,600 $683,700
2021 $16,621 $748,300 $64,600 $683,700
2020 $16,621 $748,300 $64,600 $683,700
2019 $16,375 $748,300 $64,600 $683,700
2018 $10,724 $748,300 $64,600 $683,700
2017 $12,968 $474,000 $50,300 $423,700
2016 $12,588 $474,000 $50,300 $423,700
2015 $4,164 $474,000 $50,300 $423,700
2014 $8,146 $474,000 $50,300 $423,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Matthew Wolf

    High Associates Ltd.

See All Agents

Source: Bright MLS

MLS Number: 1002735663

Bright MLS

APN: 400-48566-0-0000

Pennsylvania Lancaster County Manheim

17545

This home since 07 May 2015 and is currently estimated at $966,844, approximately $79 per square foot. This home is a home located in Lancaster County with nearby schools including Manheim Central Senior High School, Manheim Christian Day School, and Sporting Hill Christian School.

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