Neighborhood
707 Thoreau Dr, Mount Joy, PA 17552
3 beds · 2 baths · 2,296 sq ft · Lot: 3,059 sq ft · Residential Condominium · Last Sold: $288K in 2006 · Built: 2006
Est. Value:
$373K
Est. Rent:
$2.7K/month

707 Thoreau Dr Mount Joy, PA 17552

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3 beds · 2 baths · 2,296 sq ft · Lot Size: 3,059 sq ft · Residential Condominium · Mount Joy
Est. Property Value: $373,112

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707 Thoreau Dr is in the Mount Joy neighborhood of Mount Joy, PA. It is located in Lancaster County and ZIP code 17552. This Residential Condominium was built in 2006 and is approximately 19 years old. The residential condominium spans 2296 sq ft with 3 bedrooms and 2 bathrooms and sits on a 3059 sq ft lot. According to public records, it was last sold in 2006 for $288,306. The Mount Joy area of Mount Joy has 226 residential homes with an average size of 2108 sq ft. Analyze and compare real estate investment strategies for properties like this home at 707 Thoreau Dr Mount Joy, PA 17552 with Property Intel by Whitepages.

Investment Potential for 707 Thoreau Dr

The property has a current estimated value of $373,112, which is 10% above the neighborhood median, based on public records. It last sold on September 28, 2006 for $288K. Projected long-term
is $32,400 annually ($2,700 per month) with a 97% occupancy rate.

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Long-Term

Gross Rental
$32,400 per year($2,700 per month)
Net Operating Income
Cap Rate
Occupancy Rate
97%in 17552 zip code
 
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Owners & Occupancy for 707 Thoreau Dr

This property is owned by Lorraine C Craig. Owner contact information includes 3 phone numbers and 2 email addresses.

Property Owners

Residence*************
Landline(601) 928-7742
Distance from Property**********
Email Address**********@bellsouth.netView Email
Residence*************
Landline(856) 863-2914
Distance from Property**********
Email Address******@comcast.netView Email

Property Ownership Information

Purchase DateSeptember 28, 2006
Property Tax Amount$5,282 in 2024
Purchase Price$288,306

Occupancy

Current Occupancy*****View Occupancy
Resident 1**************** age 82
Resident 2*************** age 82
Resident 3************
Resident 4*********** age 58

Property Details for 707 Thoreau Dr

Property Details

Property Sq Ft

Living Area

2,296 sq ft

9% above market

Lot Size

3,059 sq ft

3% below market

Price Per Sq Ft

Living Area

$163 / sq ft

0% above market

Lot Size Area

$122 / sq ft

12% above market

Property condition, age, exterior, etc. for 707 Thorea…
Longitude: -76.478303 Latitude: 40.120021 Parcel Number (APN): 540-11759-1-0167…
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Market Benchmarks

Compare data for 707 Thoreau Dr in Lancaster County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$373,112
$302,319
$70,792 (23%)
$540,307
$340,793 (63%)
YoY Price Change
Year Built
2006
1997
9 years
Living Space
2,296 sq ft
1,702 sq ft
594 (35%)
$ Per Living Sq Ft
$163
$179
-$16 (-9%)
Lot Size
3,059 sq ft
1,589 sq ft
1470 (93%)
$ Per Lot Sq Ft
$122
$240
-$118 (-49%)

Net Operating Income
$17,979
$2,086 (12%)
Annual Revenue
$32,400
$28,200
$4,200 (15%)
$9,328
$3,008 (32%)
Net Operating Income
$17,979
$2,086 (12%)
Cap Rate
5.75%
Home Value Comparison: Property vs. Local and Regional 3-Bed Residential Condominium Medians

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