Seller's Agent in 2024
Bailey Quinn
Coldwell Banker Realty
(717) 716-4056
2 in this area
91 Total Sales
113 E Walnut St Lancaster, PA 17602
Musser Park Neighborhood
--
Bed
--
Bath
3,363
Sq Ft
2,614
Sq Ft Lot
Highlights
- Traditional Architecture
- Porch
- Hot Water Heating System
- Balcony
- Level Entry For Accessibility
- 4-minute walk to Musser Park
About This Home
As of December 2024Introducing a prime investment opportunity in the heart of Lancaster County! This incredible quadraplex offers (2) two bedroom apartments, a studio apartment, and a salon. There are two off-street parking spaces, as well as on street parking. All units are fully leased, with a signed year lease, ready for its next investor to produce income. Apartment 3 has been fully remodeled in 2024!
Don't miss out on an opportunity to own this income-generating property, in one of the most sought-after cities!
Schedule your showing today!
Last Agent to Sell the Property
Coldwell Banker Realty License #RS359503 Listed on: 08/22/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,477
Year Built
- Built in 1887
Lot Details
- 2,614 Sq Ft Lot
- Property is in excellent condition
Parking
- Off-Street Parking
Home Design
- 3,363 Sq Ft Home
- Quadruplex
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
Accessible Home Design
- Level Entry For Accessibility
Outdoor Features
- Balcony
- Porch
Utilities
- Hot Water Heating System
- Electric Baseboard Heater
- 100 Amp Service
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 336-33785-0-0000
Community Details
Overview
- 4 Units
Building Details
- Operating Expense $11,849
- Net Operating Income $46,651
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2024
Closed on
Dec 30, 2024
Sold by
Elite Home Investments Llc
Bought by
London Lane Properties Llc
Seller's Agent
Bailey Quinn
Coldwell Banker Realty
Buyer's Agent
ron clark
Beiler-Campbell Realtors-Quarryville
List Price
$725,000
Sold Price
$615,000
Premium/Discount to List
-$110,000
-15.17%
Views
180
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,245
Avg. Annual Appreciation
5.08%
Original Mortgage
$415,000
Outstanding Balance
$397,722
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving
Estimated Equity
$239,287
Purchase Details
Listed on
Feb 24, 2023
Closed on
Jun 2, 2023
Sold by
Vinelli James M and Vinelli Jean L
Bought by
Elite Home Investments Llc
Seller's Agent
Abby Knarr
Keller Williams Elite
Buyer's Agent
Adrian Young
Keller Williams Keystone Realty
List Price
$725,000
Sold Price
$610,000
Premium/Discount to List
-$115,000
-15.86%
Views
109
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.52%
Original Mortgage
$427,000
Interest Rate
6.39%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $615,000 | None Listed On Document | |
| Deed | $615,000 | None Listed On Document | |
| Deed | $610,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $415,000 | Credit Line Revolving | |
| Closed | $415,000 | Credit Line Revolving | |
| Previous Owner | $427,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2024 12/30/24 | Sold | $615,000 | -6.1% | $183 / Sq Ft |
| 11/16/2024 11/16/24 | Pending | -- | -- | -- |
| 11/07/2024 11/07/24 | Price Changed | $655,000 | -3.0% | $195 / Sq Ft |
| 10/31/2024 10/31/24 | Price Changed | $675,000 | -1.5% | $201 / Sq Ft |
| 10/13/2024 10/13/24 | Price Changed | $685,000 | -0.7% | $204 / Sq Ft |
| 09/30/2024 09/30/24 | Price Changed | $690,000 | -1.4% | $205 / Sq Ft |
| 09/06/2024 09/06/24 | Price Changed | $700,000 | -3.4% | $208 / Sq Ft |
| 08/22/2024 08/22/24 | For Sale | $725,000 | +18.9% | $216 / Sq Ft |
| 06/02/2023 06/02/23 | Sold | $610,000 | -6.2% | $181 / Sq Ft |
| 04/05/2023 04/05/23 | Pending | -- | -- | -- |
| 04/05/2023 04/05/23 | Price Changed | $650,000 | -7.0% | $193 / Sq Ft |
| 03/28/2023 03/28/23 | Price Changed | $699,000 | -3.6% | $208 / Sq Ft |
| 03/21/2023 03/21/23 | For Sale | $725,000 | 0.0% | $216 / Sq Ft |
| 03/02/2023 03/02/23 | Pending | -- | -- | -- |
| 02/24/2023 02/24/23 | For Sale | $725,000 | -- | $216 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $8,389 | $212,000 | $39,400 | $172,600 |
| 2024 | $8,389 | $212,000 | $39,400 | $172,600 |
| 2023 | $8,248 | $212,000 | $39,400 | $172,600 |
| 2022 | $7,904 | $212,000 | $39,400 | $172,600 |
| 2021 | $7,735 | $212,000 | $39,400 | $172,600 |
| 2020 | $7,735 | $212,000 | $39,400 | $172,600 |
| 2019 | $7,619 | $212,000 | $39,400 | $172,600 |
| 2018 | $8,876 | $212,000 | $39,400 | $172,600 |
| 2017 | $4,915 | $107,000 | $23,000 | $84,000 |
| 2016 | $4,870 | $107,000 | $23,000 | $84,000 |
| 2015 | $1,900 | $107,000 | $23,000 | $84,000 |
| 2014 | $4,250 | $107,000 | $23,000 | $84,000 |
Source: Public Records
Agents Affiliated with this Home
-
Bailey Quinn
-
ron clark
r
Buyer's Agent in 2024
ron clark
Beiler-Campbell Realtors-Quarryville
(717) 615-8986
1 in this area
20 Total Sales
-
Abby Knarr
Seller's Agent in 2023
Abby Knarr
Keller Williams Elite
(717) 606-8114
1 in this area
62 Total Sales
-
Adrian Young
Buyer's Agent in 2023
Adrian Young
Keller Williams Keystone Realty
(717) 333-0440
2 in this area
188 Total Sales
Map
Source: Bright MLS
MLS Number: PALA2055902
APN: 336-33785-0-0000
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