NOT LISTED FOR SALE

16 W Lemon St Lititz, PA 17543

Estimated Value: $287,000 - $448,000

Studio
3 Baths
2,470 Sq Ft
$157/Sq Ft Est. Value

Last Sold November 25, 2014

Last sale price $159,000 $64 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,358/month

2 Days on Market

Highlights

  • No HOA
  • Window Unit Cooling System
  • Baseboard Heating
  • Warwick Senior High School Rated 9+
  • Parking Storage or Cabinetry

About This Home

As of November 2014

Well Maintained 3-Unit. All Units Currently Occupied. Walking Distance to Downtown. Storage Room & Laundry on Site. Newer Roof & Water Heaters. Long Term Tenants.

Last Agent to Sell the Property

Tom Risser

(717) 587-9274 Tom@rissergroup.com Berkshire Hathaway HomeServices Homesale Realty Listed on: 11/06/2014

Berkshire Hathaway HomeServices Homesale Realty

Co-Listed By

Matt Risser

(717) 560-4877 matt@rissergroup.com Berkshire Hathaway HomeServices Homesale Realty

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Matt Risser

(717) 560-4877 matt@rissergroup.com Berkshire Hathaway HomeServices Homesale Realty

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,625

Year Built

  • Built in 1865

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 50 x 61

Home Design

  • Converted Dwelling
  • Shingle Roof
  • Composition Roof
  • Aluminum Siding

Parking

  • 4 Car Garage
  • Parking Storage or Cabinetry
  • On-Street Parking
  • Off-Street Parking

Schools

  • Lititz Elementary School
  • Warwick Middle School
  • Warwick High School

Utilities

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

Listing and Financial Details

  • Tenant pays for hot water
  • Assessor Parcel Number 3705820400000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Lititz Subdivision

Building Details

  • Income includes apartment rentals
  • Electric Expense $1,109
  • Insurance Expense $683
  • Maintenance Expense $1,496
  • Operating Expense $5,075
  • Net Operating Income $10,910

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,625

Year Built

Built in 1865

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Storage: Garage
  • Year Built: 1865
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No

Exterior Features

  • Construction Materials: Aluminum Siding
  • Construction Completed: No
  • Roof: Composite, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Spaces Total: 4.00
  • Type Of Parking: Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Electric Expense: 1108.64
  • Electric Service: 200+ Amp Service
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1787.96
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 50 x 61
  • Zoning: 3 FAMILY
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Hot Water
  • Vacation Rental: No

Tax Info

  • School Tax: 2796.76
  • Tax Annual Amount: 3624.75
  • Assessor Parcel Number: 3705820400000
  • County Tax Payment Frequency: Annually

Multi Family

  • Gross Income: 19610.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 5075.42
  • 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

Closed on
Feb 23, 2016
Sold by
G Investments Lp
Bought by
Beiler Aaron E and Beiler Lovina Rose
Current Estimated Value
$386,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,500
Outstanding Balance
$134,194
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$252,707

Purchase Details

Listed on
Nov 6, 2014
Closed on
Dec 1, 2014
Bought by
G Investments Lp
Seller's Agent
Tom Risser
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Matt Risser
Berkshire Hathaway HomeServices Homesale Realty
List Price
$159,000
Sold Price
$159,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%

Purchase Details

Closed on
Nov 1, 2007
Sold by
Bucher Dean M and Bucher Bruce R
Bought by
Bucher Dean M
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Beiler Aaron E $225,000 None Available
G Investments Lp $159,000 --
Bucher Dean M -- None Available
Bucher Dean M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beiler Aaron E $168,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2014 11/25/14 Sold $159,000 0.0% $64 / Sq Ft
11/08/2014 11/08/14 Pending -- -- --
11/06/2014 11/06/14 For Sale $159,000 -- $64 / 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 $4,022 $177,800 $34,500 $143,300
2024 $4,022 $177,800 $34,500 $143,300
2023 $4,006 $177,800 $34,500 $143,300
2022 $3,784 $177,800 $34,500 $143,300
2021 $3,784 $177,800 $34,500 $143,300
2020 $3,784 $177,800 $34,500 $143,300
2019 $3,784 $177,800 $34,500 $143,300
2018 $2,911 $177,800 $34,500 $143,300
2017 $3,843 $141,900 $30,700 $111,200
2016 $3,843 $141,900 $30,700 $111,200
2015 $899 $141,900 $30,700 $111,200
2014 $2,797 $141,900 $30,700 $111,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002734057

Bright MLS

APN: 370-58204-0-0000