$68,000
SOLD AUG 18, 2017
-- Bed
-- Bath
573 Sq Ft
0.5 Acres

Recently Sold

$119 Per Sq Ft

41% Below List Price

314 Days on Market

Highlights

  • 0.5 Acre Lot
  • Window Unit Cooling System
  • 4-minute walk to D. F. Buchmiller Park
  • No HOA
  • Forced Air Heating System

About This Home

As of December 2021

2 homes with large lot and creek frontage Big $38000 Price Reduction Tenants payfor all utilities, shared well, but 2seperate septic systems 2nd assessmentis 53400 and taxes are $1664 for a total of $3194 in taxesGreat for relatives rare duplex

Last Agent to Sell the Property

Edgar Wright

Edgar M. Wright, Realtor Listed on: 08/05/2016

Last Buyer's Agent

Wendell Huyard

Coldwell Banker Realty License #RS298371

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,559

Year Built

  • Built in 1920

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 115x172
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Frame Construction
  • Metal Roof

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

  • Elizabeth R Martin Elementary School
  • Wheatland Middle School
  • Mccaskey Campus High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • 100 Amp Service
  • Shared Well
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Listing and Financial Details

  • Tenant pays for heat, hot water, trash removal, electricity
  • Assessor Parcel Number 3406354300000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Net Operating Income $14,041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,559

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • New Construction: No
  • Storage: Basement
  • Year Built: 1920
  • Remarks Public: 2 homes with large lot and creek frontage Big $38000 Price Reduction Tenants payfor all utilities, shared well, but 2seperate septic systems 2nd assessmentis 53400 and taxes are $1664 for a total of $3194 in taxesGreat for relatives rare duplex
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete
  • Street Number Modifier: 1376-1378

Exterior Features

  • Construction Materials: Frame
  • Construction Completed: No
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Spaces Total: 2.00
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Electric, Forced Air
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Security: Smoke Detector
  • Utilities: Cable Tv Available
  • Water Source: Well-Shared

Condo/Co-op/Association

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

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • Elementary School: ELIZABETH R MARTIN
  • Middle School: WHEATLAND
  • High School: MCCASKEY CAMPUS
  • School District Key: 300200397286
  • Elementary School: ELIZABETH R MARTIN
  • High School: MCCASKEY CAMPUS
  • Middle Or Junior School: WHEATLAND

Lot Info

  • Land Use Code: AG-801
  • Lot Size Acres: 0.50
  • Lot Dimensions: 115x172
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: RES
  • Zoning Description: Residential
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Heat, Hot Water, Trash Removal, Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4076439
  • School Tax: 1324.01
  • Tax Annual Amount: 1559.40
  • Assessor Parcel Number: 3406354300000
  • County Tax Payment Frequency: Annually
  • Close Date: 08/18/2017

Multi Family

  • Gross Income: 15600.00
  • Income Includes: Apartment Rentals
  • 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
Aug 10, 2021
Closed on
Dec 30, 2021
Sold by
Welsh Mountain Property Rentals Llc
Bought by
Shank Kenn
Seller's Agent
Benuel Esh
Keller Williams Elite
Buyer's Agent
David Altdoerffer
Coldwell Banker Realty
List Price
$124,000
Sold Price
$100,000
Premium/Discount to List
-$24,000
-19.35%
Current Estimated Value
$214,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,125
Avg. Annual Appreciation
23.13%

Purchase Details

Closed on
Jan 5, 2018
Sold by
King Jacob K
Bought by
Welsh Mountain Property Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 31, 2016
Closed on
Aug 18, 2017
Sold by
Quintero Bertha
Bought by
King Jacob K
Seller's Agent
Edgar Wright
Edgar M. Wright, Realtor
Buyer's Agent
Wendell Huyard
Coldwell Banker Realty
List Price
$115,000
Sold Price
$68,000
Premium/Discount to List
-$47,000
-40.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.36%
Original Mortgage
$75,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Deed $100,000 None Listed On Document
Deed $95,000 None Available
Deed $68,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $30,500 Unknown
Previous Owner $71,250 Purchase Money Mortgage
Previous Owner $9,500 Unknown
Previous Owner $75,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $100,000 -8.3% $77 / Sq Ft
10/30/2021 10/30/21 Pending -- -- --
10/29/2021 10/29/21 Price Changed $109,000 -5.2% $84 / Sq Ft
09/01/2021 09/01/21 Price Changed $115,000 -7.3% $88 / Sq Ft
08/10/2021 08/10/21 For Sale $124,000 +82.4% $95 / Sq Ft
08/18/2017 08/18/17 Sold $68,000 0.0% $31 / Sq Ft
08/18/2017 08/18/17 Sold $68,000 -40.9% $119 / Sq Ft
06/15/2017 06/15/17 Pending -- -- --
06/15/2017 06/15/17 Pending -- -- --
08/31/2016 08/31/16 For Sale $115,000 0.0% $52 / Sq Ft
08/05/2016 08/05/16 For Sale $115,000 -- $201 / 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 $2,074 $71,900 $39,900 $32,000
2024 $2,074 $71,900 $39,900 $32,000
2023 $2,026 $71,900 $39,900 $32,000
2022 $1,905 $71,900 $39,900 $32,000
2021 $1,847 $71,900 $39,900 $32,000
2020 $1,847 $71,900 $39,900 $32,000
2019 $1,808 $71,900 $39,900 $32,000
2016 $1,531 $47,700 $23,300 $24,400
2015 $207 $47,700 $23,300 $24,400
2014 $1,273 $47,700 $23,300 $24,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002739065

Bright MLS

APN: 340-63543-0-0000