NOT LISTED FOR SALE

1016 Wabank St Lancaster, PA 17603

Prospect Heights Neighborhood

Estimated Value: $329,000 - $360,218

-- Bed
3 Baths
2,508 Sq Ft
$137/Sq Ft Est. Value

Last Sold November 23, 2021

Last sale price $251,500 $100 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,337/month

3 Days on Market

Highlights

  • 0.14 Acre Lot
  • Deck
  • Wood Flooring
  • Colonial Architecture
  • Traditional Floor Plan
  • 1 Fireplace

About This Home

As of November 2021

Quality West End detached brick & siding 2-unit. 1st Floor has 3 bedrooms, updated kitchen, spacious living room with hardwood floors & finished basement family room with fireplace, laundry and storage. 2nd Floor is well maintained 2-bedroom apartment. Efficient gas heat. Plenty of off-street parking. Quiet convenient location. Fantastic investment opportunity!

Last Agent to Sell the Property

Todd Habecker

Chris Habecker Real Estate License #SB065086 Listed on: 10/20/2021

Last Buyer's Agent

Andrew Fenstermacher

RE/MAX Pinnacle

RE/MAX Pinnacle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,805

Year Built

  • Built in 1954

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 63 x 99
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • Traditional Floor Plan
  • 1 Fireplace
  • Vinyl Clad Windows
  • Wood Frame Window

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 8 Parking Spaces
  • 4 Driveway Spaces
  • 4 Off-Street Spaces
  • Brick Driveway

Outdoor Features

  • Deck
  • Shed
  • Porch

Location

  • Urban Location

Schools

  • Mccaskey High School

Utilities

  • Radiator
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water, sewer, trash collection, lawn/shrub care
  • Assessor Parcel Number 338-39490-0-0000

Community Details

Overview

  • 2 Units
  • 2-Story Building
  • West End Of City Subdivision

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,805

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1954
  • Automatically Close On Close Date: No
  • Remarks Public: Quality West End detached brick & siding 2-unit. 1st Floor has 3 bedrooms, updated kitchen, spacious living room with hardwood floors & finished basement family room with fireplace, laundry and storage. 2nd Floor is well maintained 2-bedroom apartment. Efficient gas heat. Plenty of off-street parking. Quiet convenient location. Fantastic investment opportunity!
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Oven/Range - Gas, Dishwasher, Microwave, Washer, Dryer
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Kitchen - Table Space, Wood Floors, Floor Plan - Traditional
  • Window Features: Vinyl Clad, Wood Frame
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Foundation Details: Block
  • Total Sq Ft: 2508
  • Living Area Sq Ft: 2508
  • Price Per Sq Ft: 123.23
  • Above Grade Finished Sq Ft: 1976
  • Below Grade Finished Sq Ft: 532
  • Total Below Grade Sq Ft: 532
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1016

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick, Frame, Aluminum Siding
  • Exterior Features: Sidewalks, Secure Storage
  • Road Surface Type: Paved
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Brick Driveway
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Off Street, Driveway
  • Number of Spaces in Driveway: 4
  • Off Street Parking Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas, Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Electric Available, Cable Tv Available, Phone
  • Water Source: Public

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • High School: MCCASKEY H.S.
  • High School Source: Listing Agent
  • School District Key: 300200397286
  • School District Source: Listing Agent
  • High School: MCCASKEY H.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 127100.00
  • Land Assessed Value: 28600.00
  • Land Use Code: 114
  • Lot Features: Corner, Cleared, Level, Road Frontage
  • Lot Size Acres: 0.14
  • Lot Dimensions: 63 x 99
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Outdoor Living Structures: Porch(es), Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: R2
  • Zoning Description: Residential Semi-Detached

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Number Of Units Month To Month: 1
  • Owner Pays: Water, Sewer, Trash Collection, Lawn/Shrub Care
  • Total Actual Rent: 23760.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4068266
  • School Tax: 3530.20
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 5805.13
  • Assessor Parcel Number: 338-39490-0-0000
  • Tax Total Finished Sq Ft: 2508
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 11/23/2021

Multi Family

  • Gross Income: 23760.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2021
Closed on
Nov 4, 2021
Sold by
Hart Property Group Llc
Bought by
Costello Thomas and Costello Michelle
Seller's Agent
Todd Habecker
Chris Habecker Real Estate
Buyer's Agent
Andrew Fenstermacher
RE/MAX Pinnacle
List Price
$243,500
Sold Price
$251,500
Premium/Discount to List
$8,000
3.29%
Current Estimated Value
$333,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,583
Avg. Annual Appreciation
7.42%

Purchase Details

Listed on
Oct 12, 2018
Closed on
Nov 21, 2018
Sold by
Martin Galen L and Martin Rosene I
Bought by
Hart Property Group Llc
Seller's Agent
Stuart Hess
Kingsway Realty - Ephrata
Buyer's Agent
Todd Habecker
Chris Habecker Real Estate
List Price
$169,900
Sold Price
$169,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.92%
Original Mortgage
$135,920
Interest Rate
4.9%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 31, 2007
Sold by
Wolgemuth Michael J and Wolgemuth Leanne W
Bought by
Martin Galen L and Martin Rosene I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2005
Sold by
Wolgemuth Michael J
Bought by
Wolgemuth Michael J and Wolgemuth Leanne W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,568
Interest Rate
5.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 28, 2002
Sold by
Hoffer John R and Hoffer Shirley A
Bought by
Wolgemuth Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.01%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Costello Thomas $251,500 Regal Abstract Lancaster Cit
Hart Property Group Llc $169,900 First American Abstract Of P
Martin Galen L $169,900 None Available
Wolgemuth Michael J -- --
Wolgemuth Michael J $125,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hart Property Group Llc $135,920
Previous Owner Martin Galen L $80,000
Previous Owner Wolgemuth Michael J $5,568
Previous Owner Wolgemuth Michael J $99,500
Previous Owner Wolgemuth Michael J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2021 11/23/21 Sold $251,500 +3.3% $100 / Sq Ft
10/23/2021 10/23/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $243,500 +43.3% $97 / Sq Ft
11/21/2018 11/21/18 Sold $169,900 0.0% $68 / Sq Ft
10/20/2018 10/20/18 Pending -- -- --
10/12/2018 10/12/18 For Sale $169,900 -- $68 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,161 $155,700 $28,600 $127,100
2023 $6,057 $155,700 $28,600 $127,100
2022 $5,805 $155,700 $28,600 $127,100
2021 $5,681 $155,700 $28,600 $127,100
2020 $5,681 $155,700 $28,600 $127,100
2019 $5,596 $155,700 $28,600 $127,100
2018 $3,321 $155,700 $28,600 $127,100
2017 $5,939 $129,300 $18,000 $111,300
2016 $5,885 $129,300 $18,000 $111,300
2015 $2,296 $129,300 $18,000 $111,300
2014 $5,136 $129,300 $18,000 $111,300
Source: Public Records

Agents Affiliated with this Home

  • Todd Habecker

    Seller's Agent in 2021

    Todd Habecker

    Chris Habecker Real Estate

    (717) 940-8379

    6 in this area

    67 Total Sales

    Section Image
  • Andrew Fenstermacher

    Buyer's Agent in 2021

    Andrew Fenstermacher

    RE/MAX

    (717) 371-7088

    1 in this area

    60 Total Sales

    Section Image

  • S

    Seller's Agent in 2018

    Stuart Hess

    Kingsway Realty - Ephrata

    (717) 575-5955

    31 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: PALA2006668

Bright MLS

APN: 338-39490-0-0000

Pennsylvania Lancaster County Lancaster 17603 Prospect Heights

1016 Wabank St, Lancaster, PA

This home is located at 1016 Wabank St, Lancaster, PA 17603 since 20 October 2021 and is currently estimated at $343,555, approximately $136 per square foot. This property was built in 1954. 1016 Wabank St is a home located in Lancaster County with nearby schools including Hamilton Elementary School, Wheatland Middle School, and McCaskey High School.

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