NOT LISTED FOR SALE

179 Charles Rd Lancaster, PA 17603

Prospect Heights Neighborhood

Estimated Value: $382,000 - $560,010

-- Bed
3 Baths
2,592 Sq Ft
$189/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $525,000 $203 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,176/month

Highlights

  • 0.24 Acre Lot
  • 1 Fireplace
  • 6 Car Detached Garage
  • Colonial Architecture
  • Corner Lot
  • Eat-In Kitchen

About This Home

As of October 2022

3 large units + 6 Garages with great income and a 7.4 cap rate. The first and 3rd floor units are 1 bedroom. The 2nd floor unit is a 2bd with 2 bath unit. First floor unit could easily be converted to a 2 bd unit for additional rent. All units have separate utilities. Owner pays for water, sewer & trash. Property does have a driveway easement with the semi-detached homes next to the property.

Last Agent to Sell the Property

Remi Briand

(717) 419-9070 rbriand@homesale.com Realty ONE Group Unlimited License #RS321980 Listed on: 09/09/2022

Realty ONE Group Unlimited

Last Buyer's Agent

Casey Ebersole

(717) 740-0892 casey@casey-co.com Keller Williams Elite License #RS359677

Keller Williams Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,700

Year Built

  • Built in 1900

Lot Details

  • 10,454 Sq Ft Lot
  • Corner Lot
  • Property is in good condition

Parking

  • 6 Car Detached Garage
  • 4 Open Parking Spaces
  • Gravel Driveway
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Home Design

  • Triplex
  • Colonial Architecture
  • Stone Foundation
  • Plaster Walls
  • Frame Construction
  • Shingle Roof
  • Metal Siding

Interior Spaces

  • 2,592 Sq Ft Home
  • 1 Fireplace
  • Double Hung Windows
  • Insulated Doors
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Schools

  • Mccaskey Campus High School

Utilities

  • Central Heating and Cooling System
  • Electric Baseboard Heater
  • Above Ground Utilities
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for insurance, repairs, sewer, snow removal, lawn/shrub care, real estate taxes, trash collection, water
  • Assessor Parcel Number 338-86607-0-0000

Community Details

Overview

  • 3 Units

Building Details

  • Income includes apartment rentals
  • Net Operating Income $37,029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,700

Year Built

Built in 1900

Lot Details

0

Parking

6

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: All appliances stay with all units including washer and dryer if provided by owner. If an appliance is supplied by the tenant, then tenant reserves the right to take the appliance.
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: 3 large units + 6 Garages with great income and a 7.4 cap rate. The first and 3rd floor units are 1 bedroom. The 2nd floor unit is a 2bd with 2 bath unit. First floor unit could easily be converted to a 2 bd unit for additional rent. All units have separate utilities. Owner pays for water, sewer & trash. Property does have a driveway easement with the semi-detached homes next to the property.
  • Special Features: None

Interior Features

  • Appliances: Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Flooring Type: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Kitchen - Eat-In, Tub Shower, Stall Shower, Carpet
  • Window Features: Double Hung
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2592
  • Living Area Sq Ft: 2592
  • Price Per Sq Ft: 192.52
  • Above Grade Finished Sq Ft: 2592
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 179

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Metal Siding
  • Road Surface Type: Paved
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 6.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway, Crushed Stone
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 6
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Detached Garage, Off Street, On Street, Parking Lot
  • Parking Lot Number Of Spaces: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Central, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas, Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Above Ground, Cable Tv, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • High School: MCCASKEY CAMPUS
  • High School Source: Listing Agent
  • School District Key: 300200397286
  • School District Source: Listing Agent
  • High School: MCCASKEY CAMPUS

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 145200.00
  • Land Assessed Value: 31300.00
  • Land Use Code: 115
  • Lot Size Acres: 0.24
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10454.00
  • Property Condition: Good
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL
  • Zoning Description: Residential

Rental Info

  • Existing Lease Type: Yearly, Month To Month
  • Ground Rent Exists: No
  • Owner Pays: Insurance, Repairs, Sewer, Snow Removal, Lawn/Shrub Care, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Total Actual Rent: 53100.00
  • Units Leased Count: 9
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4070604
  • School Tax: 4121.00
  • Tax Annual Amount: 6700.00
  • Assessor Parcel Number: 338-86607-0-0000
  • Tax Total Finished Sq Ft: 2592
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/28/2022

Multi Family

  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Oct 27, 2022
Sold by
Mongeau Alan K
Bought by
King David R
Seller's Agent
Remi Briand
Realty ONE Group Unlimited
Buyer's Agent
Casey Ebersole
Keller Williams Elite
List Price
$499,000
Sold Price
$525,000
Premium/Discount to List
$26,000
5.21%
Views
53
Current Estimated Value
$489,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,747
Avg. Annual Appreciation
-2.38%
Original Mortgage
$376,000
Outstanding Balance
$291,267
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$197,986

Purchase Details

Closed on
Mar 9, 2001
Sold by
Mongeau Alan K
Bought by
Mongeau Alan K
Source: Public Records

Range of Values:

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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
King David R $525,000 --
Mongeau Alan K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King David R $376,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $525,000 +5.2% $203 / Sq Ft
09/09/2022 09/09/22 For Sale $499,000 -- $193 / 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 $6,984 $176,500 $31,300 $145,200
2024 $6,984 $176,500 $31,300 $145,200
2023 $6,867 $176,500 $31,300 $145,200
2022 $6,581 $176,500 $31,300 $145,200
2021 $6,440 $176,500 $31,300 $145,200
2020 $6,261 $171,600 $31,300 $140,300
2019 $6,167 $171,600 $31,300 $140,300
2018 $3,660 $171,600 $31,300 $140,300
2017 $6,049 $131,700 $22,800 $108,900
2016 $5,994 $131,700 $22,800 $108,900
2015 $2,338 $131,700 $22,800 $108,900
2014 $5,231 $131,700 $22,800 $108,900
Source: Public Records

Agents Affiliated with this Home

  • Remi Briand

    Seller's Agent in 2022

    Remi Briand

    Realty ONE Group Unlimited

    (717) 419-9070

    2 in this area

    15 Total Sales

    Remi Briand
    Section Image

  • C

    Buyer's Agent in 2022

    Casey Ebersole

    Keller Williams Elite

    (717) 740-0892

    1 in this area

    113 Total Sales

    Casey Ebersole
    Section Image
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Map

Source: Bright MLS

MLS Number: PALA2024864

Bright MLS

APN: 338-86607-0-0000

Pennsylvania Lancaster County Lancaster Prospect Heights

179 Charles Rd, Lancaster, PA

This home is located at 179 Charles Rd, Lancaster, PA 17603 since 09 September 2022 and is currently estimated at $489,253, approximately $188 per square foot. This property was built in 1900. 179 Charles Rd is a home located in Lancaster County with nearby schools including Hamilton Elementary School, Wheatland Middle School, and McCaskey High School.

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