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$276,000
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Property Description
This mid-century modern ranch home offers timeless character and spacious living on a large corner lot in an established neighborhood. Featuring a detached garage connected to the house via a breezeway, the property also includes a separate office or studio space-perfect for working from home or pursuing creative projects. Inside, the home boasts four stunning stone fireplaces, including a double-sided brick fireplace that sits elegantly between the living and dining rooms. Original hardwood floors lie beneath the existing carpeting, waiting to be revealed and restored. The breezeway provides access to the basement, where you'll find a partially finished room complete with a bar, a half bathroom, and a utility space-ready for your finishing touches. Surrounded by an abundance of windows, the interior is flooded with natural light, creating a warm and inviting atmosphere throughout. With a little updating, this home offers tremendous potential and could truly shine in both value and appeal. A great location, unique features, and endless possibilities make this a rare investment opportunity.
Full Property Details
Full Property Details for 501 W Oak St
General
- Sold For: $276,000
- Taxes: $5,404 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: PALN2022914
- Added to Site: 195 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Dining Area, Entry Level Bedroom, Kitchen - Galley
- Fireplace: Yes
- Number of Fireplaces: 4
- Fireplace(s): Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 1
- Half Bathrooms: 2
- Main Floor Baths: 2
- Main - Full Baths: 1
- Main - 1/2 Baths: 1
- Lower Floor Baths: 1
- Lower - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main & Up: 4
Exterior
- Exterior Features: Sidewalks
- Porch/Patio/Deck: Breezeway, Patio(s)
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Type: Driveway, Attached Garage, On Street
- Garage Description: Garage - Front Entry, Additional Storage Area
Location
- Area: Palmyra Boro (13216)
- Municipality: PALMYRA BORO
- County: LEBANON
- Subdivision: PALMYRA BOROUGH
- Driving Directions: From N Forge Rd, turn right onto E Cherry St. Left onto S Locust, Right onto W Oak St. Home will be on the right.
School Information
- School District: Palmyra Area
Heating & Cooling
- Cooling Type: Wall Unit, Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: 90% Forced Air, Baseboard - Electric
- Heating Fuel: Oil, Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Mid-Century Modern, Ranch/Rambler
- Structure Type: Detached
- Construction: Stick Built, Stone
- Basement: Yes
- Basement Desc.: Full, Partially Finished
- Foundation: Permanent
- Stories Description: Lower 1, Main
- Square Feet: 2,062
- Sq. Ft. Source: Estimated
- Living Area: 2,062 Sq. Ft.
- Finished Above Grnd: 2,062 Sq. Ft.
- Year Built: 1958
- Year Built Source: Assessor
Unit Information
Unit 1
- Bathrooms-Lower: 1
Additional Structures
- Other Structures: Garage(s), Office/Studio
Lot Features
- Lot Size (Acres): 0.35
- Lot Size (Sq. Ft.): 15,246
- Lot Size Source: Assessor
- Zoning: 101
- Lot Description: Corner, Level
Financial Considerations
- Price Per Sq. Ft.: $145.49
- Assessment Year: 2025
- School Tax: $3,523
- City/TownTax: $1,028
- City/TownTax Freq: Annually
- County Tax: $852
- County Tax Freq: Annually
- Tax w/Assessment: $194,100
- Tax Amount: $5,404
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 2762
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: Refrigerator, washer, and dryer
Listed by Iron Valley Real Estate, Jason Shay and Iron Valley Real Estate, Jocelyn Shay
Sold by Iron Valley Real Estate, Jocelyn Shay
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Schools
Schools serving 501 W Oak St
School District:Palmyra Area School District
| Name | Grades | Distance |
|---|---|---|
Palmyra Area Senior High School 1125 Park Drive, Palmyra, PA 17078 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 W Oak St
Date
Details
Price
Change
Source
3/27/2026
Sold
$276,000
-8%
MLS
1/09/2026
Price Reduced
$299,999
-3.23%
MLS
9/19/2025
Listed
$310,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
501 W Oak Street, Palmyra, PA 17078 (MLS# PALN2022914) is a Single Family property that was sold at $276,000 on March 27, 2026. Want to learn more about 501 W Oak Street? Do you have questions about finding other Single Family real estate for sale in Palmyra? You can browse all Palmyra real estate or contact a Coldwell Banker agent to request more information.

