NOT LISTED FOR SALE

16 E Lincoln Ave Lititz, PA 17543

Estimated Value: $299,000 - $428,000

Studio
2 Baths
1,844 Sq Ft
$199/Sq Ft Est. Value

Last Sold December 30, 2015

Last sale price $185,000 $100 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,273/month

3 Days on Market

Highlights

  • No HOA
  • 3 Car Detached Garage
  • Parking Storage or Cabinetry
  • Warwick Senior High School Rated 9+
  • Window Unit Cooling System
  • Radiator

About This Home

As of December 2015

Large 1st floor unit currently rended / 2nd floor unit vacant, but recently rented for $930 / Detached 3-car garage-2 bays used by tenants-1 bay rented for $100 / Newer high eff. gas boiler / 59 solar panels with 10,620 watts.

Last Agent to Sell the Property

Timothy Shreiner

(717) 560-8496 shreinergroup@homesale.com Berkshire Hathaway HomeServices Homesale Realty License #RS187003L Listed on: 11/09/2015

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Jeffrey Enck

(717) 468-4663 jeffenckrealtor@gmail.com RE/MAX Evolved

RE/MAX Evolved

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,535

Year Built

  • Built in 1890

Lot Details

  • 6,098

Home Design

  • Converted Dwelling
  • Shingle Roof
  • Composition Roof
  • Metal Roof
  • Vinyl Siding

Attic

  • Storage In Attic

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Parking

  • 3 Car Detached Garage
  • Parking Storage or Cabinetry
  • On-Street Parking

Schools

  • Warwick Middle School
  • Warwick High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • Washer and Dryer Hookup
  • 6,098 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 3708467400000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Electric Expense $513
  • Fuel Expense $1,010
  • Insurance Expense $720
  • Other Expense $80
  • Operating Expense $3,173
  • Net Operating Income $17,172

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,535

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Other Expense: 80.00
  • Storage: Attic, Basement, Garage
  • Year Built: 1890
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Fire Escape
  • Roof: Composite, Shingle, Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Parking Spaces Total: 3.00
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Electric Expense: 513.00
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 850.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: WARWICK
  • Middle Or Junior School: WARWICK

Lot Info

  • Lot Size Acres: 0.14
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2689.70
  • Tax Annual Amount: 3534.79
  • Assessor Parcel Number: 3708467400000
  • County Tax Payment Frequency: Annually

Multi Family

  • Fuel Expense: 1010.00
  • Gross Income: 23880.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 3173.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: WARWICK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2015
Closed on
Dec 30, 2015
Sold by
Hoyer Ryan J and Hoyer Wendy S
Bought by
Garner Adam H
Seller's Agent
Timothy Shreiner
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Jeffrey Enck
RE/MAX Evolved
List Price
$185,000
Sold Price
$185,000
Current Estimated Value
$366,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,439
Avg. Annual Appreciation
7.04%
Original Mortgage
$148,000
Outstanding Balance
$117,785
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$248,654

Purchase Details

Closed on
Feb 24, 2000
Sold by
Greiner Clara E
Bought by
Hoyer Ryan J and Hoyer Wendy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,800
Interest Rate
8.15%
Source: Public Records
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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
Garner Adam H $185,000 Attorney
Hoyer Ryan J $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garner Adam H $148,000
Previous Owner Hoyer Ryan J $67,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2015 12/30/15 Sold $185,000 0.0% $100 / Sq Ft
11/12/2015 11/12/15 Pending -- -- --
11/09/2015 11/09/15 For Sale $185,000 -- $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
2025 $4,282 $189,300 $51,100 $138,200
2024 $4,282 $189,300 $51,100 $138,200
2023 $4,265 $189,300 $51,100 $138,200
2022 $4,029 $189,300 $51,100 $138,200
2021 $4,029 $189,300 $51,100 $138,200
2020 $4,029 $189,300 $51,100 $138,200
2019 $3,990 $187,500 $51,100 $136,400
2018 $2,927 $185,800 $51,100 $134,700
2017 $3,613 $133,400 $31,900 $101,500
2016 $3,613 $133,400 $31,900 $101,500
2015 $845 $133,400 $31,900 $101,500
2014 $2,515 $133,400 $31,900 $101,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002737167

Bright MLS

APN: 370-84674-0-0000