NOT LISTED FOR SALE

Estimated Value: $345,922 - $400,000

-- Bed
2 Baths
1,882 Sq Ft
$200/Sq Ft Est. Value

Last Sold January 10, 2020

Last sale price $230,000 $122 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,383/month

21 Days on Market

Highlights

  • Traditional Architecture
  • More Than Two Accessible Exits
  • Hot Water Heating System
  • No HOA

About This Home

As of January 2020

Fantastic opportunity to grow equity with a cash flowing property. Live in one unit and rent out the other or rent out both units and build passive income. 2 unit investment property with 4 off street parking spaces in a great Lancaster City location next to LGH ! Currently fully rented and in good condition! Both units are 3 bdrm and 1 bath units and rented for $1,050 a month with tenants paying all utilities! 2 of the parking spaces are currently used by the tenants and the other two are rented for $40 a month each!

Last Agent to Sell the Property

Jeffrey Zimmerman

Prime Home Real Estate, LLC License #AB069598 Listed on: 11/13/2019

Prime Home Real Estate, LLC

Last Buyer's Agent

Ashley Corbett

Keller Williams Elite License #5014902

Keller Williams Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,086

Year Built

  • Built in 1873

Lot Details

  • 3,049

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Back-to-Back Home
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Rubber Roof
  • Masonry

Interior Spaces

  • 1,882 Sq Ft Home
  • Partial Basement

Utilities

  • Window Unit Cooling System
  • Radiator
  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • 3,049 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 336-13476-0-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,086

Year Built

Built in 1873

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Back-To-Back, Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1873
  • Remarks Public: Fantastic opportunity to grow equity with a cash flowing property. Live in one unit and rent out the other or rent out both units and build passive income. 2 unit investment property with 4 off street parking spaces in a great Lancaster City location next to LGH ! Currently fully rented and in good condition! Both units are 3 bdrm and 1 bath units and rented for $1,050 a month with tenants paying all utilities! 2 of the parking spaces are currently used by the tenants and the other two are rented for $40 a month each!
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1882
  • Living Area Sq Ft: 1882
  • Price Per Sq Ft: 124.81
  • Above Grade Finished Sq Ft: 1882
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 128

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Masonry
  • Roof: Architectural Shingle, Rubber
  • 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
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • School District Key: 300200397286
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 88700.00
  • Land Assessed Value: 23300.00
  • Land Use Code: 114
  • Lot Size Acres: 0.07
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Long Term
  • Total Actual Rent: 2600.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4060198
  • School Tax: 2450.00
  • Tax Annual Amount: 4086.00
  • Assessor Parcel Number: 336-13476-0-0000
  • Tax Total Finished Sq Ft: 1882
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 01/10/2020

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2019
Closed on
Jan 9, 2020
Sold by
Zimmerman Jeffrey
Bought by
Cocozzo Michael J
Seller's Agent
Jeffrey Zimmerman
Prime Home Real Estate, LLC
Buyer's Agent
Ashley Corbett
Keller Williams Elite
List Price
$234,900
Sold Price
$230,000
Premium/Discount to List
-$4,900
-2.09%
Current Estimated Value
$364,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,559
Avg. Annual Appreciation
8.53%
Original Mortgage
$172,500
Outstanding Balance
$154,031
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$208,584

Purchase Details

Closed on
Sep 27, 2019
Sold by
Eberly Darrell and Eberly Twila J
Bought by
Zimmerman Jeffrey

Purchase Details

Closed on
Dec 30, 1998
Sold by
Brown Anna Lintner and Kirchner Elizabeth W
Bought by
Huyard Galen R
Source: Public Records

Range of Values:

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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
Cocozzo Michael J $230,000 None Available
Zimmerman Jeffrey $207,000 None Available
Huyard Galen R $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cocozzo Michael J $172,500
Previous Owner Eberly Darrell $121,281
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2020 01/10/20 Sold $230,000 -2.1% $122 / Sq Ft
12/04/2019 12/04/19 Pending -- -- --
11/13/2019 11/13/19 For Sale $234,900 -- $125 / 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 $4,432 $112,000 $23,300 $88,700
2023 $4,357 $112,000 $23,300 $88,700
2022 $4,176 $112,000 $23,300 $88,700
2021 $4,086 $112,000 $23,300 $88,700
2020 $4,086 $112,000 $23,300 $88,700
2019 $4,025 $112,000 $23,300 $88,700
2018 $326 $112,000 $23,300 $88,700
2017 $3,601 $78,400 $18,500 $59,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA143306

Bright MLS

APN: 336-13476-0-0000