NOT LISTED FOR SALE

Estimated Value: $387,000 - $406,000

-- Bed
3 Baths
2,428 Sq Ft
$162/Sq Ft Est. Value

Last Sold November 30, 2015

Last sale price $193,000 $79 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,647/month

7 Days on Market

Highlights

  • No HOA
  • Window Unit Cooling System
  • Baseboard Heating

About This Home

As of November 2015

Excellent investment, 3-unit, perfect location, walk to F&M College & Lanc. Regional Hospital, nearly $20,000 net income, great tenants, nice condition, priced to sell quickly, off street parking in rear, charming property.

Last Agent to Sell the Property

Dawn Brill-Cooper

Berkshire Hathaway HomeServices Homesale Realty License #RS205506L Listed on: 09/24/2015

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 19 x 145

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Slate Roof
  • Composition Roof

Laundry

  • Washer and Dryer Hookup

Attic

  • Storage In Attic

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • Buchanan Elementary School
  • John F Reynolds Middle School
  • Mccaskey Campus High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for hot water, electricity
  • Assessor Parcel Number 3354548600000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • West End Lancaster Subdivision

Building Details

  • Income includes apartment rentals
  • Electric Expense $639
  • Fuel Expense $1,744
  • Insurance Expense $1,220
  • Trash Expense $519
  • Operating Expense $4,597
  • Net Operating Income $18,606

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Current Use: Office
  • New Construction: No
  • Storage: Attic, Basement
  • Year Built: 1900
  • Remarks Public: Excellent investment, 3-unit, perfect location, walk to F&M College & Lanc. Regional Hospital, nearly $20,000 net income, great tenants, nice condition, priced to sell quickly, off street parking in rear, charming property.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Full, Outside Entrance, Walkout Level
  • Street Number Modifier: 136

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Composite, Shingle, Slate
  • 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, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Electric Expense: 639.00
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard, Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 475.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • Elementary School: BUCHANAN
  • Middle School: JOHN F REYNOLDS
  • High School: MCCASKEY CAMPUS
  • School District Key: 300200397286
  • Elementary School: BUCHANAN
  • High School: MCCASKEY CAMPUS
  • Middle Or Junior School: JOHN F REYNOLDS

Lot Info

  • Land Use Code: Multi
  • Lot Size Acres: 0.07
  • Lot Dimensions: 19 x 145
  • Zoning: RESIDENTIAL
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Hot Water, Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4059086
  • School Tax: 3069.62
  • Tax Annual Amount: 5072.39
  • Assessor Parcel Number: 3354548600000
  • County Tax Payment Frequency: Annually
  • Close Date: 11/30/2015

Multi Family

  • Fuel Expense: 1744.09
  • Gross Income: 28275.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 4597.09
  • 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
Sep 24, 2015
Closed on
Nov 30, 2015
Sold by
Funk Debra J
Bought by
Easy Rental Realty Llc
Seller's Agent
Dawn Brill-Cooper
Berkshire Hathaway HomeServices Homesale Realty
List Price
$189,900
Sold Price
$193,000
Premium/Discount to List
$3,100
1.63%
Current Estimated Value
$378,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,629
Avg. Annual Appreciation
7.17%
Original Mortgage
$144,750
Outstanding Balance
$115,642
Interest Rate
3.77%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$262,773
Source: Public Records

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
Easy Rental Realty Llc $193,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Easy Rental Realty Llc $144,750
Closed East Rental Realty Llc $144,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2015 11/30/15 Sold $193,000 +1.6% $79 / Sq Ft
10/01/2015 10/01/15 Pending -- -- --
09/24/2015 09/24/15 For Sale $189,900 -- $78 / 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 $6,992 $176,700 $32,600 $144,100
2023 $6,874 $176,700 $32,600 $144,100
2022 $6,588 $176,700 $32,600 $144,100
2021 $6,447 $176,700 $32,600 $144,100
2020 $6,447 $176,700 $32,600 $144,100
2019 $6,350 $176,700 $32,600 $144,100
2018 $3,769 $176,700 $32,600 $144,100
2017 $5,181 $112,800 $23,700 $89,100
2016 $5,134 $112,800 $23,700 $89,100
2015 $2,003 $112,800 $23,700 $89,100
2014 $4,480 $112,800 $23,700 $89,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002736831

Bright MLS

APN: 335-45486-0-0000