315 Spring Avenue

Closed 1/18/22

Last Sold Price

$304,900

3,584 sqft$85/sqft

315 Spring Ave, Hanover, PA 17331

Description

Great Investor Property with immediate income. Fully rented 2 Duplexes
being sold as one property. Deed includes both properties already. The
duplexes are separated with taxes, water and sewer already. These are 4
units, 2 down and 2 up. Each unit has kitchen, bath, bed(s) and separate
entrances. Owner currently pays for water, sewer, trash, gas, taxes, and
insurance. Expenses vs income are already providing for positive income
for the next owner. Rent on properties has not been increased in years
possible...Great Investor Property with immediate income. Fully rented 2 Duplexes
being sold as one property. Deed includes both properties already. The
duplexes are separated with taxes, water and sewer already. These are 4
units, 2 down and 2 up. Each unit has kitchen, bath, bed(s) and separate
entrances. Owner currently pays for water, sewer, trash, gas, taxes, and
insurance. Expenses vs income are already providing for positive income
for the next owner. Rent on properties has not been increased in years
possible opportunity for increased income. One unit on the bottom level
does need improvement and can generate additional income upon completion
for future owner. Also the one upper unit can be expanded into the attic
creating an additional bedroom. This was done on the other side of the
duplex already, and again adding to the potential increased income of the
property. The units are fully rented and have been for years. This is a
fantastic property that can be easily added to a portfolio or a solid
starter property for an investor. The property is located in a great
semi-corner lot spot that has a alley on the side yard and the back leading
to the private off street parking for tenants. This property has a nice
back yard and the lot itself feels larger and open. Taxes for each duplex are 2926 for a total of 5852 together. See above notes for separation and attached documents.

LISTING CLOSED: 01/18/2022 12:00 AM

Listed by Pamela Berlingo • RE/MAX Quality Service
P: (717) 646-4049 rehomepam@gmail.com
Listed by Roberto Berlingo • RE/MAX Quality Service
P: (717) 353-6777 rehomerob@gmail.com

Property Details for 315 Spring Avenue

Status

Closed

MLS #

PAYK2006160

Days on Market

Taxes

$2,926 / year

HOA Fees

Condo/Co-op Fees

Property Type

Multi Family

MLS Type

Multi-Family / Fee Simple

Year Built

1900

Lot Size

0.17 AC / 7,502 SF

County

York County

Tax ID Number

67-000-04-0286-00-00000 & 285

Ownership

Fee Simple

Structure Type

Twin/Semi-Detached

Style

Traditional

Waterfront

Views

Street

Garage

Expected On Market Date

09-17-2021

Municipality

HANOVER BORO

Central Air

Basement

Yes

Room Count

Above Grade Finished SQFT

3,584.00

Above Grade Fin SQFT Source

Estimated

Below Grade Finished SQFT

.00

Below Grade Fin SQFT Source

Assessor

Below Grade Unfinished SQFT

.00

Below Grade Unfin SQFT Source

Assessor

Total Below Grade SQFT

.00

Total Below Grade SQFT Source

Assessor

New Construction

Building Winterized Y/N

Property Condition

Good

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Location

Listing Courtesy of RE/MAX Quality Service

Sold By Berkshire Hathaway HomeServices Homesale Realty

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Building Information for 315 Spring Avenue

Stories-Residences4Year Built1900Building Size-Lot Size0.17 AC / 7,502 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage¹

$1,794 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,550

Property Taxes

$244

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 315 Spring Avenue

Location

School District Name: HANOVER PUBLIC
School District County ID: 300200396255

SchoolDistrictSource: 3rd Party
County: YORK
MLS Area: Hanover Boro (15267)

Waterfront / Water Access

Water View: No
Water Access: No

Water Oriented: No
Navigable Water: No
Tidal Water: No
Riparian Rights Y/N: No

Association / Community Info

Association Recreation Fee Y/N: No

Taxes and Assessment

Tax Year: 2021
Tax Assessed Value: $84,540

Year Assessed: 2021
County Tax: $499
City Town Tax: $478
Clean Green Assessed: No
Land Use Code: 102
Section: HANOVER
Historic: No
Zoning: RESIDENTIAL
Zoning Dscrp: RESIDENTAL
Tax Lot: 0286
School Tax: $1,949
Automatically Update Tax Values Y/N: Yes
TaxDataUpdatedYN: No

Lease Information

Owner Pays: Sewer, Taxes - Real Estate, Trash Collection, Water
Concessions: No

Unit Information

Single Room Units Count: 0
One Bedroom Units Count: 2

Two Bedroom Units Count: 2
Three Bedroom Units Count: 0
Units Leased Count: 4
Rent Control: No

Financial Information

Expenses

Operating Expense: $12,294
Operating Expense Includes: Insurance, Trash

Water Avg Month: $52
Water Prev 12 Months: $624
Gas Avg Month: $182
Gas Prev 12 Months: $2,178

Financial Information

Annual Rental Income: $34,560
Income Includes: Apartment Rentals

Existing Lease Type: Long Term, Month to Month

Building Info

Building Level Count: 3
Building Units Total: 4

Total Finished SQFT: 3,584.00
Total Finished SQFT Source: Estimated
Tax Total Finished SQFT: 1,792.00
Total SQFT: 3,584.00
Total SQFT Source: Estimated
Elevators Count: 0
Construction Materials: Vinyl Siding, Aluminum Siding
Roof: Asphalt
Ext Main Mid-res: http://bright-media02.prd.brightmls.com/bright/images/0000/8010/5710/2388/801057102388_512_384_WM_wYKZfclOIceboN-c.jpg
Basement Type: Unfinished
Foundation Details: Block, Brick/Mortar

Lot / Land Information

Lot Size Source: Estimated
Lot Features: Cleared, Corner, Front Yard, Open, SideYard(s), Rear Yard

Parcel ID: 10877557
Ground Rent Exists: No

Parking

Type Of Parking: Off Street, Parking Lot, On Street

Interior Features

Interior Features: Attic
Fireplace: No

Fireplaces Count: 0
Accessibility Features: None

Exterior Features

Spa: No
Exterior Features: Sidewalks

Outdoor Living Structures: Deck(s)
Pool: No Pool
Other Structures: Above Grade, Below Grade

Utilities

Utilities: Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Heating: Yes

Cooling Type: None
Cooling Fuel: None
Heating Type: Other
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Water Source: Public
Sewer Septic: Public Sewer
Electric Service: 100 Amp Service

Confidential Data

Listing Office

List Agent AOR: REALTORS Association of York & Adams Counties (PA)
List Agent URL: https://www.york-adamscountyhomesforsale.com/

Property History for 315 Spring Avenue

Date	Event & Source	Price	Appreciation
Jan 18, 2022	Closed (Public Record) Public Record #1481821953	$304,900	—
Jan 18, 2022	Closed BRIGHT #PAYK2006160	$304,900	—
Dec 10, 2021	Pending BRIGHT #PAYK2006160		—
Sep 17, 2021	Listed (Active) BRIGHT #PAYK2006160	$309,900	—

Date	Event & Source	Price
01/18/2022	Closed (Public Record) Public Record #1481821953	$304,900
01/18/2022	Closed BRIGHT #PAYK2006160	$304,900
12/10/2021	Pending BRIGHT #PAYK2006160	—
09/17/2021	Listed (Active) BRIGHT #PAYK2006160	$309,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 315 Spring Avenue

Taxable ValueLand$21,000Additions$63,540Total$84,540

Tax Record2026$3,150 ($262 / month)

Home Facts

Baths2Total Finished SqFt1,906 SqFtAbove Grade Finished SqFt1,906 SqFtStories2Lot Size3,746 SqFtStyleDuplexYear Built1900ZoningRSCountyYORKAPN67-000-04-0285.00-00000

Schools near 315 Spring Avenue

This home is within Hanover Public School District.


Rating	School	Type	Grades	Distance
8/10	Hanover Street El School	Public - Serves this home	K to 4	0.4 mi
5/10	Hanover Middle School	Public - Serves this home	5 to 8	1.5 mi
6/10	Hanover Senior High School	Public - Serves this home	8 to 12	1.2 mi


Rating	School	Distance
8/10	Hanover Street El School PublicK to 4 Serves this home	0.4 mi
5/10	Hanover Middle School Public5 to 8 Serves this home	1.5 mi
6/10	Hanover Senior High School Public8 to 12 Serves this home	1.2 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 315 Spring Avenue, Hanover, PA 17331	$304,900	–	–	3,584	7,502
313 Spring Avenue, Hanover, PA 17331	$322,500	–	2	2,043	3,746
319 Spring Avenue, Hanover, PA 17331	$89,995	3	1	1,456	3,920
321 Spring Avenue, Hanover, PA 17331	$150,000	3	2	1,500	4,356
316 Spring Avenue, Hanover, PA 17331	$135,000	2	2	1,259	3,920
314 Spring Avenue, Hanover, PA 17331	$82,250	4	1	1,780	4,356
323 Spring Avenue, Hanover, PA 17331	$189,900	3	1	1,288	4,500
318 Spring Avenue, Hanover, PA 17331	$185,900	2	2	1,200	3,920
504 Baer Avenue, Hanover, PA 17331	–	3	2	1,824	8,756
506 Baer Avenue, Hanover, PA 17331	–	3	2	1,844	7,013
325 Spring Avenue, Hanover, PA 17331	$68,000	2	2	1,086	4,356
500 Baer Avenue, Hanover, PA 17331	$238,000	3	2	1,740	10,498
322 Spring Avenue, Hanover, PA 17331	–	5	2	1,713	4,182
327 Spring Avenue, Hanover, PA 17331	$134,900	2	2	1,686	4,356
436 Baer Avenue, Hanover, PA 17331	$192,900	4	1	1,960	10,498
337 Jeremy Drive, Hanover, PA 17331	$400,000	–	–	10,080	31,015

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Listing Courtesy of RE/MAX Quality Service

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

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