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505 Elmwood Ave

Mechanicsburg, PA 17055

3 bd 2 ba 1,218 sqft Built 1967 Lot 11,761 sqft single_family
Most recent sale
$230,000
Feb 27, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 20, 2024 Sold $365,000 BrightMLS
Feb 27, 2024 Sold $230,000 BrightMLS
Jan 26, 2024 Price changed $255,000 BrightMLS
Jan 20, 2024 Price changed $266,000 BrightMLS
Jan 3, 2024 Listed $265,000 BrightMLS
Jun 28, 2006 Sold $76,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $131,400 $46,300 $177,700 $4,029
2024 $122,000 $46,300 $168,300 $3,558
2023 $122,000 $46,300 $168,300 $3,402
2022 $122,000 $46,300 $168,300 $3,311
2021 $122,000 $46,300 $168,300 $3,208
2020 $122,000 $46,300 $168,300 $3,128
2019 $122,000 $46,300 $168,300 $3,051
2018 $122,000 $46,300 $168,300 $2,998
2017 $122,000 $46,300 $168,300 $2,938
2016 $122,000 $46,300 $168,300 $2,890
2015 $122,000 $46,300 $168,300 $2,873
2014 $122,000 $46,300 $168,300 $2,764
2013 $122,000 $46,300 $168,300 $2,720
2012 $122,000 $46,300 $168,300 $2,627
2011 $122,000 $46,300 $168,300 $2,338
2010 $86,890 $33,990 $120,880 $2,224
2009 $86,890 $33,990 $120,880 $2,122
2008 $86,890 $32,760 $119,650 $2,031

Property facts

Year built
1967
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,218 sqft
Lot size
11,761 sqft
ZIP code
17055
City
Mechanicsburg
Street
Elmwood Ave
Coordinates
40.20236, -77.01401

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,827
Gross rental yield
9.53%
Implied cap rate
6.20%
Trend-extrapolated value

Frequently asked questions

When did 505 Elmwood Ave last sell?
505 Elmwood Ave most recently sold on Feb 27, 2024 for $230,000.
What is the current tax assessment for 505 Elmwood Ave?
The most recent total assessment for 505 Elmwood Ave (year 2026) is $177,700 with $4,029 in property tax.
How does 505 Elmwood Ave's assessment compare to its last sale price?
The current assessment is 22.7% below the last sale price of $230,000.
When was 505 Elmwood Ave built?
505 Elmwood Ave was built in 1967.
How does 505 Elmwood Ave compare to others on Elmwood Ave?
We track 8 other properties on Elmwood Ave. Browse the list under "Other properties on Elmwood Ave" to compare beds, baths, and sale history.
What are the property facts for 505 Elmwood Ave?
505 Elmwood Ave is a 3 bed, 2 bath, 1,218 sqft, 11,761 sqft lot single_family.
Is 505 Elmwood Ave a flip candidate?
Yes — 505 Elmwood Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 505 Elmwood Ave a tax-appeal candidate?
No — 505 Elmwood Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.0%
Implied 1-yr
+3.8%
2026 Q3
$435.7K
2026 Q4
$439.7K
ZIP 17055 — Median Price History + Forecast

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