NOT LISTED FOR SALE

Estimated Value: $421,000 - $487,000

Studio
3 Baths
3,022 Sq Ft
$152/Sq Ft Est. Value

Sale Details

Date Sold: October 25, 2024

Last sale price $445,000 $147 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,087 / mo

2 Days on Market

About This Home

As of October 2024

Great 3-unit investment property! Situated in the very walk-able East End of Lancaster City, just a few blocks from Musser Park, sits this desirable 3-unit apartment building! There are two, 2-bedroom units and one, 1-bedroom unit. This apartment building is conveniently located within blocks of several restaurants, pubs, and other city hot spots.
Fully rented with great young professional tenants. Recent renovations. Units 1 & 3 have updated kitchens, bathrooms, and on-site laundry. Unit two has not been updated as the tenants have been 5 year tenants (otherwise it would have been renovated, as well). However, unit 2 is still very rentable and desirable, as is. Pictures of units 1 & 2 have been uploaded. Unit 3 has been renovated in similar fashion as unit 1. Current month rents total $4,085 per month. Recent city inspection. Owner pays water/sewer, trash, heat (heating system is high efficiency gas boiler system with desirable radiant heat).

Last Agent to Sell the Property

David White

(617) 542-9300 david@ownerentry.com OwnerEntry.com License #SBR005629 Listed on: 09/23/2024

Last Buyer's Agent

David White

(617) 542-9300 david@ownerentry.com OwnerEntry.com License #SBR005629 Listed on: 09/23/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,274

Year Built

  • Built in 1887

Lot Details

  • 1,742 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • 3,022 Sq Ft Home
  • Triplex
  • Brick Exterior Construction
  • Brick Foundation
  • Masonry

Kitchen

  • Electric Oven or Range
  • Range Hood

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 336-48814-0-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,274

Year Built

Built in 1887

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1887
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Appliances: Range Hood, Oven/Range - Electric, Refrigerator
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 3022
  • Living Area Sq Ft: 3022
  • Price Per Sq Ft: 147.25
  • Above Grade Finished Sq Ft: 3022
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Zoning: R

Rental Info

  • Total Actual Rent: 49032.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 4445.00
  • Tax Annual Amount: 7274.00
  • Assessor Parcel Number: 336-48814-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2024
Closed on
Oct 18, 2024
Sold by
Bought by
Seller's Agent
David White
OwnerEntry.com
Buyer's Agent
David White
OwnerEntry.com
List Price
$445,000
Sold Price
$445,000
Views
7
Current Estimated Value
$458,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,119
Avg. Annual Appreciation
1.79%
Original Mortgage
$342,650
Outstanding Balance
$336,114
Interest Rate
6.2%
Mortgage Type
VA
Estimated Equity
$122,005

Purchase Details

Closed on
Aug 15, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,250
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$445,000 None Listed On Document
$167,000 None Available
$138,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $342,650
Previous Owner $125,250
Previous Owner $103,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/25/2024 10/25/24 Sold $445,000 0.0% $147 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
09/23/2024 09/23/24 For Sale $445,000 -- $147 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,274 $181,900 $25,900 $156,000
2025 $7,198 $181,900 $25,900 $156,000
2024 $7,198 $181,900 $25,900 $156,000
2023 $7,077 $181,900 $25,900 $156,000
2022 $6,782 $181,900 $25,900 $156,000
2021 $6,637 $181,900 $25,900 $156,000
2020 $6,637 $181,900 $25,900 $156,000
2019 $6,537 $181,900 $25,900 $156,000
2018 $3,879 $181,900 $25,900 $156,000
2017 $4,460 $97,100 $21,200 $75,900
2016 $4,419 $97,100 $21,200 $75,900
2015 $1,724 $97,100 $21,200 $75,900
2014 $3,857 $97,100 $21,200 $75,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2057612

Bright MLS

APN: 336-48814-0-0000

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