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$315,000

Beds
5
Baths
1.5
sq ft
2,528

631 Broadway, Hanover, PA 17331

631 Broadway

HANOVER, PA 17331

  • 2 days on market
Charming and spacious Brick Home in the Borough of Hanover, PA. Have you been looking for the perfect property for your home-based business location? This could be the one for you! With a separate entrance for your business attached to your home and a half bath for clients, this property is an ideal setup for you! There is plenty of parking to the rear of this home that would not interfere with your parking and on-street parking. Or maybe you are looking for a great investment property. The current zoning of R5 allows for many housing types of medium to high density and flexibility among residential and some limited commercial uses. The home features a fantastic wrap-around covered porch and a covered patio area! There is so much potential for the next owner of this historic Brick home built in 1886. Throughout the years this home has provided the use of an in-home business opportunity as well as just residential family use. With 5 - 7 rooms that could offer use as a bedroom, you will have plenty of space for family and/or your hobbies. The current owner has made improvements including interior painting, new doors, ALL NEW WINDOWS, and more! Schedule your tour of this fantastic brick home and see for yourself all the incredible opportunities that exist! New photos inside and outside will be added on Friday, February 21st.

Details

Property type

Single Family Residence

Est. home value

$205,729

Lot size

0.32 acres

Price per sq ft

$125

Year built

1886

Annual property taxes

$4,991

HOA

No

Price History

02/20/2025
Bright

Bright #PAYK2076770

Listed
$315,000
+149.01%
05/20/2019
Bright

Bright #PAYK104052

Sold
$126,500

Schools & Community

Elementary school: 

HANOVER

Middle school: 

HANOVER

High school: 

HANOVER

School district: 

HANOVER PUBLIC

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$182,874
Asking price
$315,000
Closing costs (~8% of asking)
-$25,200
Est. remaining loan balance
-$106,926
Cash to seller
$182,874

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Movement Mortgage Llcq

Loan start date

May 2019

Original loan amount

$120,175

Est. remaining balance

$106,926

Interest rate

4.08%

Loan type

New Conventional, 30 year

Seller

Brad Silvi

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/22/2025 at 2:50 PM

Listing updated: 02/21/2025 at 9:34 AM

Listed by: Petula Yingling, Keller Williams Keystone Realty Phone #: (717) 634-5921

MLS: Bright #PAYK2076770

Bright logo

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