NOT LISTED FOR SALE

Estimated Value: $483,000 - $771,000

Studio
6 Baths
3,200 Sq Ft
$202/Sq Ft Est. Value

Last Sold October 05, 2021

Last sale price $545,000 $170 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,963/month

18 Days on Market

Highlights

  • 0.62 Acre Lot
  • No HOA
  • Cooling Available
  • Colonial Architecture
  • 4 Car Attached Garage
  • Electric Baseboard Heater

About This Home

As of October 2021

A rare find! Great Investment - 4 Units on one deed w/ 2 bedroom, 1 bath & 1 car built-in garage in lower level. Convenient Lancaster Twp location. New Roofing, siding, soffits, fascia, shutters & outside lights in 2019. Same owner since 1986.

Last Agent to Sell the Property

Jack Hess

(717) 569-8701 lynn@kingswayrealty.com Kingsway Realty - Lancaster Listed on: 06/12/2021

Last Buyer's Agent

Eric Kronawetter

(717) 569-8701 lynn@kingswayrealty.com Kingsway Realty - Lancaster

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,050

Year Built

  • Built in 1986

Lot Details

  • 0.62 Acre Lot
  • Infill Lot
  • Level Lot
  • Property is in very good condition

Parking

  • 4 Car Attached Garage
  • Basement Garage
  • Rear-Facing Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Quadruplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Fire and Smoke Detector

Kitchen

  • Electric Oven or Range
  • Built-In Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling Available
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for real estate taxes
  • Assessor Parcel Number 340-05586-0-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Insurance Expense $1,400
  • Operating Expense $7,605
  • Net Operating Income $23,489

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,050

Year Built

Built in 1986

Lot Details

0.62 Acres

Parking

4

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2021-06-12
  • Year Built: 1986
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal, Oven/Range - Electric, Range Hood, Refrigerator, Water Heater
  • Flooring Type: Carpet, Vinyl
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Full, Unfinished, Walkout Level
  • Total Sq Ft: 4736
  • Living Area Sq Ft: 3200
  • Price Per Sq Ft: 185.94
  • Above Grade Finished Sq Ft: 3200
  • Below Grade Sq Ft: 1536
  • Total Below Grade Sq Ft: 1536
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Brick, Vinyl Siding
  • Exterior Features: Sidewalks
  • Road Surface Type: Black Top
  • Roof: Asphalt, Composite, Shingle
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Paved Driveway, Paved Parking
  • Garage Features: Basement Garage, Built In, Garage - Rear Entry
  • Attached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 206500.00
  • Land Assessed Value: 59600.00
  • Lot Features: Level
  • Lot Size Acres: 0.62
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 27007.00
  • Property Condition: Very Good
  • Soil Types: Limestone/Shale
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Owner Pays: Taxes - Real Estate
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4073804
  • School Tax: 6033.00
  • Tax Annual Amount: 7050.00
  • Assessor Parcel Number: 340-05586-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

Multi Family

  • Gross Income: 39440.00
  • Operating Expense: 7605.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2021
Closed on
Sep 29, 2021
Sold by
Steller Michael F and Steller Debra K
Bought by
Kafley Chandra and Kafley Nobin
Seller's Agent
Jack Hess
Kingsway Realty - Lancaster
Buyer's Agent
Eric Kronawetter
Kingsway Realty - Lancaster
List Price
$595,000
Sold Price
$545,000
Premium/Discount to List
-$50,000
-8.4%
Current Estimated Value
$647,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,069
Avg. Annual Appreciation
4.01%
Original Mortgage
$408,750
Outstanding Balance
$372,742
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$274,327
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
Kafley Chandra $545,000 Regal Abstract Lancaster
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kafley Chandra $408,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2021 10/05/21 Sold $545,000 -8.4% $170 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/12/2021 06/12/21 For Sale $595,000 -- $186 / Sq Ft
Source: Bright MLS

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 $7,674 $266,100 $59,600 $206,500
2024 $7,674 $266,100 $59,600 $206,500
2023 $7,497 $266,100 $59,600 $206,500
2022 $7,050 $266,100 $59,600 $206,500
2021 $6,837 $266,100 $59,600 $206,500
2020 $6,837 $266,100 $59,600 $206,500
2019 $6,692 $266,100 $59,600 $206,500
2018 $5,675 $266,100 $59,600 $206,500
2017 $6,650 $203,400 $33,400 $170,000
2016 $6,528 $203,400 $33,400 $170,000
2015 $882 $203,400 $33,400 $170,000
2014 $5,427 $203,400 $33,400 $170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA183844

Bright MLS

APN: 340-05586-0-0000

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