$50,000
SOLD FEB 26, 2016
-- Bed
-- Bath
1,256 Sq Ft
871 Sq Ft Lot

Recently Sold

$40 Per Sq Ft

5% Above List Price

76 Days on Market

Highlights

  • No HOA
  • Outdoor Storage
  • 3-minute walk to Crystal Park

About This Home

As of February 2016

Nicely maintained rental with 4 bedrooms, Long-Term Tenants pay $700 per month plus utilities.Available individually, or as package deal

Last Agent to Sell the Property

Ron Shepherd

Iron Valley Real Estate of Lancaster Listed on: 09/30/2015

Last Buyer's Agent

Susan Allison

Berkshire Hathaway HomeServices Homesale Realty License #RS308961

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,030

Year Built

  • Built in 1890

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 39x32x39x30

Parking

  • On-Street Parking

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Poured Concrete
  • Stone Siding

Schools

  • Mccaskey Campus High School

Utilities

  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement Fills Entire Space Under The House
  • Outdoor Storage

Listing and Financial Details

  • Tenant pays for heat, electricity
  • Assessor Parcel Number 3386123800000

Community Details

Overview

  • No Home Owners Association

Building Details

  • Income includes apartment rentals
  • Insurance Expense $500
  • Trash Expense $260
  • Operating Expense $760
  • Net Operating Income $7,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,030

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Storage: Basement
  • Year Built: 1890
  • Remarks Public: Nicely maintained rental with 4 bedrooms, Long-Term Tenants pay $700 per month plus utilities.Available individually, or as package deal
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Full, Unfinished
  • Street Number Modifier: 14

Exterior Features

  • Construction Materials: Brick, Stone
  • Construction Completed: No
  • Exterior Features: Secure Storage
  • Roof: Unknown
  • 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

  • Central Air Conditioning: No
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • High School: MCCASKEY CAMPUS
  • School District Key: 300200397286
  • High School: MCCASKEY CAMPUS

Lot Info

  • Lot Size Acres: 0.02
  • Lot Dimensions: 39x32x39x30
  • Property Attached Yn: Yes
  • Zoning Description: Residential

Rental Info

  • Tenant Pays: Heat, Electricity
  • Vacation Rental: No

Multi Family

  • Gross Income: 8400.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 760.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

Tax Info

  • Assessor Parcel Number: 4069375
  • Assessor Parcel Number: 3386123800000
  • County Tax Payment Frequency: Annually
  • Close Date: 02/26/2016

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2015
Closed on
Feb 26, 2016
Sold by
Intrepid Acquisitions Llc
Bought by
Broken Compass Real Estate Llc
Seller's Agent
Ron Shepherd
Iron Valley Real Estate of Lancaster
Buyer's Agent
Susan Allison
Berkshire Hathaway HomeServices Homesale Realty
List Price
$214,900
Sold Price
$205,000
Premium/Discount to List
-$9,900
-4.61%
Total Days on Market
76
Current Estimated Value
$204,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$446
Avg. Annual Appreciation
-1.47%
Original Mortgage
$202,500
Interest Rate
3.79%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 30, 2007
Sold by
Mathews Donnie W and Mathews Winifred K
Bought by
Intrepid Acquisitions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2003
Sold by
Mathews Donnie W and Mathews Winifred K
Bought by
Mathews Donnie K and Mathews Winifred K
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $51,250 None Available
Deed $45,000 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $462,750 New Conventional
Closed $202,500 Future Advance Clause Open End Mortgage
Previous Owner $144,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2016 02/26/16 Sold $50,000 -75.6% $40 / Sq Ft
02/26/2016 02/26/16 Sold $205,000 -4.6% $163 / Sq Ft
12/15/2015 12/15/15 Pending -- -- --
12/15/2015 12/15/15 Pending -- -- --
11/10/2015 11/10/15 For Sale $214,900 +352.4% $171 / Sq Ft
09/30/2015 09/30/15 For Sale $47,500 -- $38 / 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 $2,030 $51,300 $8,900 $42,400
2023 $1,996 $51,300 $8,900 $42,400
2022 $1,913 $51,300 $8,900 $42,400
2021 $1,872 $51,300 $8,900 $42,400
2020 $1,872 $51,300 $8,900 $42,400
2019 $1,844 $51,300 $8,900 $42,400
2018 $1,094 $51,300 $8,900 $42,400
2017 $2,421 $52,700 $12,700 $40,000
2016 $2,398 $52,700 $12,700 $40,000
2015 $936 $52,700 $12,700 $40,000
2014 $2,093 $52,700 $12,700 $40,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002736875

Bright MLS

APN: 338-61238-0-0000