NOT LISTED FOR SALE

Estimated Value: $315,000 - $444,000

Studio
3 Baths
2,710 Sq Ft
$147/Sq Ft Est. Value

Last Sold June 26, 2015

Last sale price $146,500 $54 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $2,567/month

36 Days on Market

Highlights

  • No HOA
  • Parking Storage or Cabinetry
  • Baseboard Heating
  • Detached Garage

About This Home

As of June 2015

Well maintained 3-2 Bedroom end unit near Lancaster General Hospital. Off/on street parking, garage could be additional income. Gross income $20,580 - Net $13008.83 - Total expenses year $7571.17 = (E-$216, Gas-$960, W/S-$1040, Trash-$628, License-$150, Insurance-$880, Total taxes-$3697.17

Last Agent to Sell the Property

Mike Suter

(717) 575-1136 mike@mikesuter.com RE/MAX Pinnacle Listed on: 04/09/2015

RE/MAX Pinnacle

Last Buyer's Agent

Jeff Funk

(717) 314-0500 jeff@jeffreyfunk.com Charles & Associates RE License #RM418739L

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1885

Lot Details

  • 2,178

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Composition Roof
  • Rubber Roof
  • Vinyl Siding

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Parking

  • Detached Garage
  • Parking Storage or Cabinetry
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Baseboard Heating
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement Fills Entire Space Under The House
  • 2,178 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for heat, electricity
  • Assessor Parcel Number 3360127700000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Income includes apartment rentals
  • Electric Expense $216
  • Fuel Expense $960
  • Insurance Expense $880
  • Other Expense $150
  • Trash Expense $628
  • Operating Expense $3,874
  • Net Operating Income $13,005

Property Details

Home Type

Multi-Family

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Other Expense: 150.00
  • Storage: Basement, Garage
  • Year Built: 1885
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Full, Unfinished

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Fire Escape
  • Roof: Composite, Shingle, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Type Of Parking: Off Street, On Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Electric Expense: 216.00
  • Electric Service: 100 Amp Service
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1040.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Lot Size Acres: 0.05
  • Property Attached Yn: Yes
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Heat, Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4059791
  • School Tax: 2222.39
  • Tax Annual Amount: 3701.39
  • Assessor Parcel Number: 3360127700000
  • County Tax Payment Frequency: Annually

Multi Family

  • Fuel Expense: 960.00
  • Gross Income: 20580.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 3874.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2015
Closed on
Jun 26, 2015
Sold by
Fontaine Carol A and Achey Carol A
Bought by
Gorgone Samuel
Seller's Agent
Mike Suter
RE/MAX Pinnacle
Buyer's Agent
Jeff Funk
Charles & Associates RE
List Price
$162,000
Sold Price
$146,500
Premium/Discount to List
-$15,500
-9.57%
Current Estimated Value
$397,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,353
Avg. Annual Appreciation
9.92%
Original Mortgage
$102,550
Outstanding Balance
$39,663
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$358,190

Purchase Details

Closed on
Feb 26, 2014
Sold by
Achey Craig R and Fontaine Carol A
Bought by
Fontaine Carol A and Achey Carol A
Source: Public Records
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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
Gorgone Samuel $146,500 None Available
Fontaine Carol A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorgone Samuel $102,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2015 06/26/15 Sold $146,500 -9.6% $54 / Sq Ft
05/15/2015 05/15/15 Pending -- -- --
04/09/2015 04/09/15 For Sale $162,000 -- $60 / 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
2025 $5,844 $147,700 $22,900 $124,800
2024 $5,844 $147,700 $22,900 $124,800
2023 $5,746 $147,700 $22,900 $124,800
2022 $5,507 $147,700 $22,900 $124,800
2021 $5,389 $147,700 $22,900 $124,800
2020 $5,389 $147,700 $22,900 $124,800
2019 $5,308 $147,700 $22,900 $124,800
2018 $3,150 $147,700 $22,900 $124,800
2017 $3,826 $83,300 $18,200 $65,100
2016 $3,791 $83,300 $18,200 $65,100
2015 $1,479 $83,300 $18,200 $65,100
2014 $3,309 $83,300 $18,200 $65,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002735323

Bright MLS

APN: 336-01277-0-0000