Seller's Agent in 2021
Allison Deutsch
Berkshire Hathaway HomeServices Homesale Realty
(717) 847-9322
2 in this area
136 Total Sales
146 E New St Lancaster, PA 17602
Ross NeighborhoodEstimated Value: $426,000 - $467,000
Studio
4
Baths
1,972
Sq Ft
$226/Sq Ft
Est. Value
About This Home
As of December 2021*ATTENTION INVESTORS* Instant cash flow day 1!! 4 Unit! Apartments on Floors 2 and 3 are section 8 approved.
1st floor- 2 bed Month to Month lease
2nd Floor Front- Efficiency- new 1 year lease starts 12/1
2nd Floor Rear 1 Bedroom- new 1 year lease starts 12/1
3rd Floor 1 Bedroom Month to Month
Huge upside potential for 8%+ cap rate
Last Agent to Sell the Property
(717) 847-9322 adeutsch@homesale.com Berkshire Hathaway HomeServices Homesale Realty License #RS332835 Listed on: 11/19/2021
Co-Listed By
(717) 475-0955 patrick@teamtrimble.com Berkshire Hathaway HomeServices Homesale Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,999
Year Built
- Built in 1910
Lot Details
- 2,614 Sq Ft Lot
- Property is in average condition
Parking
- Off-Street Parking
Home Design
- 1,972 Sq Ft Home
- Quadruplex
- Brick Exterior Construction
- Brick Foundation
- Poured Concrete
- Rubber Roof
Kitchen
- Gas Oven or Range
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Home Security
- Fire and Smoke Detector
- Fire Escape
Utilities
- Window Unit Cooling System
- Radiator
- Hot Water Heating System
- 200+ Amp Service
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- The owner pays for accounting/legal, advertising/licenses and permits, insurance, lawn/shrub care, repairs, sewer, snow removal, real estate taxes, trash collection, water
- Assessor Parcel Number 3362990200000
Community Details
Overview
- 4 Units
- Stadium District Subdivision
Building Details
- Income includes apartment rentals
- Trash Expense $400
- Net Operating Income $22,607
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 19, 2021
Closed on
Dec 27, 2021
Sold by
Reitz Properties Lp
Bought by
Lapp Michael
Seller's Agent
Allison Deutsch
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Gideon Fisher
Keller Williams Elite
List Price
$299,000
Sold Price
$331,000
Premium/Discount to List
$32,000
10.7%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,686
Avg. Annual Appreciation
7.56%
Original Mortgage
$248,250
Outstanding Balance
$228,401
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$216,285
Purchase Details
Closed on
May 30, 2006
Sold by
Hoover Leon S and Hoover Faye
Bought by
Reitz Properties Lp
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lapp Michael | $331,000 | Regal Abstract Lancaster | |
| Reitz Properties Lp | $133,800 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lapp Michael | $248,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/27/2021 12/27/21 | Sold | $331,000 | +10.7% | $168 / Sq Ft |
| 11/23/2021 11/23/21 | Pending | -- | -- | -- |
| 11/19/2021 11/19/21 | For Sale | $299,000 | -- | $152 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,053 | $127,700 | $23,100 | $104,600 |
| 2024 | $5,053 | $127,700 | $23,100 | $104,600 |
| 2023 | $4,968 | $127,700 | $23,100 | $104,600 |
| 2022 | $4,761 | $127,700 | $23,100 | $104,600 |
| 2021 | $4,659 | $127,700 | $23,100 | $104,600 |
| 2020 | $4,659 | $127,700 | $23,100 | $104,600 |
| 2019 | $4,589 | $127,700 | $23,100 | $104,600 |
| 2018 | $2,724 | $127,700 | $23,100 | $104,600 |
| 2017 | $4,515 | $98,300 | $18,300 | $80,000 |
| 2016 | $4,474 | $98,300 | $18,300 | $80,000 |
| 2015 | $1,745 | $98,300 | $18,300 | $80,000 |
| 2014 | $3,904 | $98,300 | $18,300 | $80,000 |
Source: Public Records
Agents Affiliated with this Home
-
Allison Deutsch
-
Patrick Trimble
Seller Co-Listing Agent in 2021
Patrick Trimble
Berkshire Hathaway HomeServices Homesale Realty
(717) 475-0955
2 in this area
199 Total Sales
-
Gideon Fisher
Buyer's Agent in 2021
Gideon Fisher
Keller Williams Elite
(941) 979-1329
3 in this area
69 Total Sales
Map
Source: Bright MLS
MLS Number: PALA2008070
APN: 336-29902-0-0000
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