NOT LISTED FOR SALE

Estimated Value: $282,480 - $305,000

-- Bed
3 Baths
2,391 Sq Ft
$124/Sq Ft Est. Value

Last Sold April 04, 2024

Last sale price $290,000 $121 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,952/month

71 Days on Market

Highlights

  • Federal Architecture
  • Electric Baseboard Heater
  • Property is in very good condition
  • Porch
  • Replacement Windows

About This Home

As of April 2024

Welcome home to this excellent three unit ideal for either an owner-occupant or an investor looking to add to their portfolio. Nestled in a primarily residential enclave surrounded by the historic charm of Lancaster, the esteemed Thaddeus Stevens College and Reservoir Park. The first-floor unit is currently vacant, making this the perfect opportunity for an owner occupant to live in one unit and offset their monthly payment with two rental units. Tenants pay their own electric and heat (electric baseboard). First floor unit has access to basement with washer and dryer. Landlord pays water, sewer and trash. Schedule your showing today before this one is gone!

Last Listed By

Calvin Yoder

Keller Williams Elite License #RM423455 Listed on: 01/05/2024

Keller Williams Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,581

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Federal Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation
  • Rubber Roof
  • Masonry

Interior Spaces

  • Replacement Windows
  • Partial Basement
  • Gas Oven or Range

Laundry

  • Dryer
  • Washer

Schools

  • Mccaskey High School

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • Porch
  • Urban Location

Listing and Financial Details

  • The owner pays for insurance, lawn/shrub care, management, repairs, real estate taxes, water, sewer, trash collection
  • Assessor Parcel Number 337-94813-0-0000

Community Details

Overview

  • 3 Units
  • Lancaster City Ward 7 Subdivision

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals
  • Trash Expense $720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,581

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • Inclusions: All appliances.
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome home to this excellent three unit ideal for either an owner-occupant or an investor looking to add to their portfolio. Nestled in a primarily residential enclave surrounded by the historic charm of Lancaster, the esteemed Thaddeus Stevens College and Reservoir Park. The first-floor unit is currently vacant, making this the perfect opportunity for an owner occupant to live in one unit and offset their monthly payment with two rental units. Tenants pay their own electric and heat (electric baseboard). First floor unit has access to basement with washer and dryer. Landlord pays water, sewer and trash. Schedule your showing today before this one is gone!
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer, Oven/Range - Gas, Refrigerator
  • Window Features: Replacement
  • Fireplace: No
  • Foundation Details: Stone
  • Room Count: 16
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 2391
  • Living Area Sq Ft: 2391
  • Price Per Sq Ft: 140.97
  • Above Grade Finished Sq Ft: 2199
  • Below Grade Finished Sq Ft: 192
  • Total Below Grade Sq Ft: 192
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 134

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Masonry
  • Exterior Features: Sidewalks
  • Roof: Flat, 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: On Street

Utilities

  • Refuse: 60.00
  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • High School: MCCASKEY H.S.
  • High School Source: Listing Agent
  • School District Key: 300200397286
  • School District Source: Listing Agent
  • High School: MCCASKEY H.S.

Lot Info

  • Land Use Code: 115
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Very Good, Good
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL THREE FAMILY

Rental Info

  • Existing Lease Type: Month To Month
  • Owner Pays: Insurance, Lawn/Shrub Care, Management, Repairs, Taxes - Real Estate, Water, Sewer, Trash Collection
  • Total Actual Rent: 33720.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 2173.00
  • Tax Annual Amount: 3581.00
  • Assessor Parcel Number: 337-94813-0-0000
  • Tax Total Finished Sq Ft: 2391
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/04/2024

Multi Family

  • Number Of Units Vacant: 1
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Apr 4, 2024
Sold by
Hill Edward T and Miller Renee E
Bought by
Narrow Gate Investments Llc and Lkk Properties Llc
Seller's Agent
Calvin Yoder
Keller Williams Elite
Buyer's Agent
Mike Lapp
Stoltzfus Realty
List Price
$350,000
Sold Price
$290,000
Premium/Discount to List
-$60,000
-17.14%
Total Days on Market
71
Views
141
Current Estimated Value
$295,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,620
Avg. Annual Appreciation
0.98%

Purchase Details

Listed on
Feb 25, 2020
Closed on
Apr 17, 2020
Sold by
Gall Justin C
Bought by
Hill Edward T and Miller Rence E
Seller's Agent
Justin Gall
PGM Real Estate Associates, LLC
Buyer's Agent
Calvin Yoder
Keller Williams Elite
List Price
$240,000
Sold Price
$210,000
Premium/Discount to List
-$30,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
Original Mortgage
$157,500
Interest Rate
3.2%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Narrow Gate Investments Llc $290,000 Regal Abstract
Hill Edward T $210,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hill Edward T $157,500
Previous Owner Gall Justin C $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2024 04/04/24 Sold $290,000 -6.5% $121 / Sq Ft
03/16/2024 03/16/24 Pending -- -- --
03/08/2024 03/08/24 Price Changed $310,000 -4.6% $130 / Sq Ft
02/02/2024 02/02/24 Price Changed $325,000 -7.1% $136 / Sq Ft
01/05/2024 01/05/24 For Sale $350,000 +66.7% $146 / Sq Ft
04/17/2020 04/17/20 Sold $210,000 -12.5% $88 / Sq Ft
02/25/2020 02/25/20 For Sale $240,000 -- $100 / 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 $3,581 $90,500 $9,300 $81,200
2023 $3,521 $90,500 $9,300 $81,200
2022 $3,374 $90,500 $9,300 $81,200
2021 $3,302 $90,500 $9,300 $81,200
2020 $3,302 $90,500 $9,300 $81,200
2019 $3,252 $90,500 $9,300 $81,200
2018 $1,930 $90,500 $9,300 $81,200
2017 $2,609 $56,800 $13,100 $43,700
2016 $2,585 $56,800 $13,100 $43,700
2015 $1,008 $56,800 $13,100 $43,700
2014 $2,256 $56,800 $13,100 $43,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2045174

Bright MLS

APN: 337-94813-0-0000