$600,000
SOLD JAN 21, 2025
-- Bed
-- Bath
-- Sq Ft
0.39 Acres

Recently Sold

14 Days on Market

Highlights

  • Traditional Architecture
  • Garden View
  • More Than Two Accessible Exits
  • Wood Flooring
  • Back and Side Yard
  • Forced Air Heating and Cooling System

About This Home

As of January 2025

Discover an exceptional investment opportunity with this property, currently leased to a daycare and two residential tenants, along with three garages. Zoned local commercial, the possibilities are abundant-permitted uses include daycares, offices, retail sales, and more. For detailed information, please refer to the documents.

Recent upgrades enhance the property's appeal, featuring a new roof, updated HVAC in two units, new water heaters, and a complete renovation of Apartment 2. This beautifully maintained, turn-key property is ready for you to make it your own!


With abundant off street parking and a spacious lawn, convenience and charm abound. Run your business here while having your expenses offset by the residential income. Or, live in one apartment and significantly reduce your living costs—all in a beautiful setting near School Lane Hills, F&M University, and the wonderful amenities of downtown Lancaster.

Please schedule all showings through the Commercial Listing for this same property.

Don’t miss your chance to explore this opportunity, schedule your tour while it's available!

Last Agent to Sell the Property

Benuel Esh

Keller Williams Elite License #RS329980

Keller Williams Elite

Last Buyer's Agent

James Fisher

Coldwell Banker Realty License #RS282542

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,154

Year Built

  • Built in 1924

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 200' x 85'
  • Level Lot
  • Back and Side Yard
  • Property is in excellent condition

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Flooring

  • Wood
  • Partially Carpeted
  • Vinyl

Parking

  • Private Parking
  • Driveway
  • Paved Parking
  • Parking Lot

Schools

  • Smith-Wade-El Elementary School
  • Wheatland Middle School
  • Mccaskey High School

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Garden Views
  • More Than Two Accessible Exits
  • Suburban Location

Community Details

  • 3 Units
  • 1-Story Building

Listing and Financial Details

  • Assessor Parcel Number 340-58896-0-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,154

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: All belongings of tenants
  • Historic: No
  • Inclusions: All appliances belonging to seller
  • New Construction: No
  • Year Built: 1924
  • Automatically Close On Close Date: No
  • Remarks Public: Discover an exceptional investment opportunity with this property, currently leased to a daycare and two residential tenants, along with three garages. Zoned local commercial, the possibilities are abundant-permitted uses include daycares, offices, retail sales, and more. For detailed information, please refer to the documents. Recent upgrades enhance the property's appeal, featuring a new roof, updated HVAC in two units, new water heaters, and a complete renovation of Apartment 2. This beautifully maintained, turn-key property is ready for you to make it your own! With abundant off street parking and a spacious lawn, convenience and charm abound. Run your business here while having your expenses offset by the residential income. Or, live in one apartment and significantly reduce your living costs—all in a beautiful setting near School Lane Hills, F&M University, and the wonderful amenities of downtown Lancaster. Please schedule all showings through the Commercial Listing for this same property. Don’t miss your chance to explore this opportunity, schedule your tour while it's available!
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Hardwood, Partially Carpeted, Vinyl, Wood
  • Fireplace: No
  • Foundation Details: Block
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1046

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Road Surface Type: Black Top
  • Roof: Asphalt
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking, Private
  • Type Of Parking: Driveway, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • Elementary School: SMITH-WADE-EL
  • Middle School: WHEATLAND
  • High School: MCCASKEY H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397286
  • School District Source: Listing Agent
  • Elementary School: SMITH-WADE-EL
  • High School: MCCASKEY H.S.
  • Middle Or Junior School: WHEATLAND

Lot Info

  • Land Use Code: 575
  • Lot Features: Level, Rear Yard, Road Frontage, Sideyard(s)
  • Lot Size Acres: 0.39
  • Lot Dimensions: 200' x 85'
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16988.00
  • Property Condition: Excellent, Very Good
  • Year Assessed: 2024
  • Zoning: LOCAL COMMERCIAL
  • Zoning Description: Commercial/mixed use

Rental Info

  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 5975.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 7154.00
  • Assessor Parcel Number: 340-58896-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 01/21/2025

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3
  • Single Room Units Count: 1

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2024
Closed on
Jan 21, 2025
Sold by
Jns Group Llc
Bought by
Millhouse Solutions Llc
Seller's Agent
Benuel Esh
Keller Williams Elite
Buyer's Agent
James Fisher
Coldwell Banker Realty
List Price
$599,000
Sold Price
$600,000
Premium/Discount to List
$1,000
0.17%
Total Days on Market
14
Views
21
Current Estimated Value
$602,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,702
Avg. Annual Appreciation
1.51%
Original Mortgage
$480,000
Outstanding Balance
$479,147
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$123,555

Purchase Details

Listed on
Apr 15, 2015
Closed on
Aug 2, 2016
Sold by
Leed Robert E and Leed Lynne Ann
Bought by
J N S Group Llc
Seller's Agent
Jim Pappas
Berkshire Hathaway HomeServices Homesale Realty
List Price
$324,500
Sold Price
$280,000
Premium/Discount to List
-$44,500
-13.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.42%
Original Mortgage
$180,000
Interest Rate
3.56%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 30, 2006
Sold by
Chung Quyen Q
Bought by
Leed Robert E and Leed Lynne Ann

Purchase Details

Closed on
Sep 28, 2001
Sold by
Zimmerla Arthur W
Bought by
Loss Investors

Map

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $600,000 None Listed On Document
Deed $280,000 None Available
Warranty Deed $285,000 None Available
Deed $140,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,000 New Conventional
Previous Owner $180,000 Future Advance Clause Open End Mortgage
Previous Owner $160,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2025 01/21/25 Sold $600,000 +0.2% --
11/18/2024 11/18/24 Pending -- -- --
11/04/2024 11/04/24 For Sale $599,000 +113.9% --
08/03/2016 08/03/16 Sold $280,000 -13.7% --
06/13/2016 06/13/16 Pending -- -- --
04/15/2015 04/15/15 For Sale $324,500 -- --
Source: Bright MLS

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 $7,051 $244,500 $109,200 $135,300
2023 $6,889 $244,500 $109,200 $135,300
2022 $6,478 $244,500 $109,200 $135,300
2021 $6,282 $244,500 $109,200 $135,300
2020 $6,282 $244,500 $109,200 $135,300
2019 $6,149 $244,500 $109,200 $135,300
2018 $5,215 $244,500 $109,200 $135,300
2017 $6,375 $195,000 $94,800 $100,200
2016 $6,258 $195,000 $94,800 $100,200
2015 $845 $195,000 $94,800 $100,200
2014 $5,202 $195,000 $94,800 $100,200
Source: Public Records

Source: Bright MLS

MLS Number: PALA2059940

Bright MLS

APN: 340-58896-0-0000