NOT LISTED FOR SALE

16 W Lemon St Lititz, PA 17543

Estimated Value: $274,000 - $443,000

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

Sale Details

Date Sold: November 25, 2014

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

Est. 144% increase in value since last sale

Current estimated payment $2,435 / mo

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) 560-9100 Tom@rissergroup.com Berkshire Hathaway HomeServices Homesale Realty Listed on: 11/06/2014

Berkshire Hathaway HomeServices Homesale Realty

Co-Listed By

Matt Risser

(717) 560-9100 matt@rissergroup.com Berkshire Hathaway HomeServices Homesale Realty

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Matt Risser

(717) 560-9100 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

2,178 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2016
Sold by
Bought by
Current Estimated Value
$388,435

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
$131,295
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$257,140

Purchase Details

Listed on
Nov 6, 2014
Closed on
Dec 1, 2014
Bought by
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
8.02%

Purchase Details

Closed on
Nov 1, 2007
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$225,000 None Available
$159,000 --
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,044 $177,800 $34,500 $143,300
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

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Map

Source: Bright MLS

MLS Number: 1002734057

Bright MLS

APN: 370-58204-0-0000

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