RealtyBid - Details for Property - 1586 Richard Ave, Chambersburg, PA 17201
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Online Auction - REO

1586 Richard Ave

Franklin County, Chambersburg, PA 17201
This property was sold.
Property ID 787206

Details

  • 3 Bedrooms
  • 1 Full Baths
  • Basement: U
  • 1068 Sq Ft
  • Built in 1962
  • 1 Car Garage
  • FirePlace
  • Gas Heat
  • 13024.0 SqFt Lot

Contingencies/Terms Offered

  • Seller reserves the right to a final review of all bids received. Seller may accept or reject any bid regardless of whether or not the reserve price has been met.
  • Purchase Type: Seller will entertain both Cash and Financed Offers.
  • Specific Property Disclosures: Until the seller's reserve price is met, RealtyBid.com may counter bid on behalf of the seller. Counter bidding gives buyers and sellers more flexibility to find a mutually agreeable price. Counter bids do not occur after the seller's reserve price is met. Closing must occur within 21 days of offer approval for cash, hard money loan or line of credit. Closing must occur within 30 days of offer approval for conventional financing. Closing must occur within 45-60 days of offer approval for FHA, VA or construction financing.
  • Learn About Terms for Cash and Financed Purchases

    Please note that the seller may reject your offer if you change from a "cash" purchase to a "financed" purchase after your offer has been placed.

    One-Year Forecast

    Property + 0.21%
    ZIP + 2.84%
    Metro + 2.82%

    Property Insights

    House Ranking: 3

    80% of houses appreciate more than 4.48% in this ZIP Code

    77% of houses are forecast to appreciate more than 0.21% in this ZIP Code

    Historical Growth

      Last Year 10 Year
    Property + 4.48% + 69.89%
    ZIP + 0.58% +64.82%
    Metro + 0.65% +65.89%

    Index Tools - Valuation Changes

    Below is a line graph of the indexes for this property, its ZIP Code area, and its Metropolitan Statistical Area (MSA). The graph tracks the movement of the property's value, values in the property's ZIP Code area, and values in the property's MSA over time due to market conditions.

    Note: The property index does NOT represent the value of the subject home but instead represents the relative value of the home compared to other points in time.

     
    Property Changes
     
    ZIP Code Changes
     
    Metro Changes

    View Market Changes By House Using Dynamic Heat Maps

    Our heat maps illustrate historic and predicted value trends in the property's ZIP Code area and metro area. Heat maps reveal and forewarn of trends in markets, often showing waves of value changes moving across a geographic area. Each dot represents a home, and its color indicates whether the home is appreciating or depreciating at the time indicated on the map, with green indicating appreciation and red indicating depreciation.

    Click the Play button to watch trends unfold over time and into the future.

    ZIP Code Area

    Metro Area

    ZIP Market Segments Analysis

    The homes within this ZIP Code have been sorted into four tiers based on the attribute displayed on the selected tab. For example, if the Value tab is selected, the homes are sorted into a low-end tier, a mid-low-end tier, a mid-high-end tier, and a high-end tier. Each tier features a quarter of the homes located within the ZIP Code.



    Tier 1
    1,232 Sq Ft and less
    Tier 2
    1,232 - 1,518 Sq Ft
    Tier 3
    1,518 - 1,916 Sq Ft
    Tier 4
    1,916 Sq Ft and greater


    Tier Comparison By Value Tier

    The bar chart below compares the average percentage change in value over the last year and the average forecast percentage change in value for the coming year for the four different comparison tiers.

     
     
    Last Year Change
     
    Forecast
     

    Last Year 1-Year Forecast % Rising
    Tier 1 + 5.81% + 2.79% +100.00%
    Tier 2 + 5.95% + 2.84% +100.00%
    Tier 3 + 5.97% + 2.85% +100.00%
    Tier 4 + 5.59% + 2.75% +100.00%

    Percentage Of Homes Rising By Value Tier

    The below pie charts compare the percentage of Homes Rising (defined as the percent of homes with value appreciating at a rate faster than 1.5% per year during the most recent month) within the four different tiers of homes.

    This Property Was Sold

    This property was sold on Apr 08, 2024, 05:40 PM for

    $167,000 by RB312662
    Reserve not met Bid History

    Fees

    Fee type Fee amount
    Bid Deposit $250 (More Details)
    Buyer Agent Fee 1% or $750 Maximum (Seller Pays at Closing)
    Transaction Fee 5% of Final Bid Price or $2,500 Minimum (Buyer Pays at Closing)
    Deposit 5% or $2,000 whichever is greater.

    Bidding Questions?

    RealtyBid Customer Service (877) 518-5700

    Contact

    Customer Service *Contact Customer Service (877) 518-5700
    Important: All data on this page and other property pages is provided for informational purposes only. It is each potential buyer’s responsibility to perform their own due diligence prior to placing a bid on a property.

    AL broker license number 000126203-0