NOT LISTED FOR SALE

Estimated Value: $948,000 - $963,002

2 Beds
2.5 Baths
2,477 Sq Ft
$672/mo HOA Fee

Last Sold June 08, 2023

Last sale price $900,000 $363 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,106/month

35 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Open Floorplan
  • Terrace
  • Panoramic View
  • Main Floor Bedroom
  • 3-minute walk to Musser Park

About This Home

As of June 2023

Elegant penthouse residence in Magnolia Place on the corner of N Duke St and W Chestnut St right in the heart of downtown Lancaster. Conveniently located to Central Market, art galleries, restaurants, Fulton Theatre, and so much more. With everything you’re hoping to find for easy city living, the unit also comes with two parking spots and extra storage space. You’ll love spectacular city views and gorgeous sunsets from every window in this corner residence. The large terrace offers a wonderful place to entertain or relax. With high ceilings, hardwood floors, double crown molding, and a stone fireplace, you’ll appreciate all of the gorgeous details. Perfect for entertaining is the open kitchen/dining/living area. The gourmet kitchen boasts a huge island with seating, wolf appliances, five-burner gas range, built-in refrigerator, plenty of cherry cabinet space, and a large dining area with access to the terrace. Working from home is ideal with a large office off the living room. The living room also provides space for a second dining area if needed. The unit hosts two bedrooms, including the primary bedroom with private bath and walk-in closet. The primary bath features heated flooring, a whirlpool tub, tiled walk-in shower, and double vanity. The second bedroom includes an attached full bathroom with shower. If you’re looking for a beautiful home with the comforts of a secure community, now’s the time to turn your dream of city living into a reality.

Last Agent to Sell the Property

Anne Lusk

Lusk & Associates Sotheby's International Realty License #RS210178L Listed on: 03/30/2023

Lusk & Associates Sotheby's International Realty

Last Buyer's Agent

Marilyn Berger

Keller Williams Elite License #RM041045A

Keller Williams Elite

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2014

HOA Fees

  • $672 Monthly HOA Fees

Parking

  • 2 Assigned Parking Garage Spaces
  • Parking Storage or Cabinetry
  • Secure Parking

Property Views

  • Panoramic
  • City

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,477 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Room
  • Built-In Double Oven
  • Gas Oven or Range
  • Six Burner Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Terrace

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Radiant Heating System
  • Tankless Water Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 336-34299-1-0701

Community Details

Overview

  • Association fees include common area maintenance, trash
  • Mid-Rise Condominium
  • Magnolia Place Condos
  • Magnolia Place Subdivision
  • Property Manager

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Year Built

Built in 2014

Lot Details

0

HOA Fees

$672 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-03-30
  • Federal Flood Zone: No
  • Year Built: 2014
  • Automatically Close On Close Date: No
  • Remarks Public: Elegant penthouse residence in Magnolia Place on the corner of N Duke St and W Chestnut St right in the heart of downtown Lancaster. Conveniently located to Central Market, art galleries, restaurants, Fulton Theatre, and so much more. With everything you’re hoping to find for easy city living, the unit also comes with two parking spots and extra storage space. You’ll love spectacular city views and gorgeous sunsets from every window in this corner residence. The large terrace offers a wonderful place to entertain or relax. With high ceilings, hardwood floors, double crown molding, and a stone fireplace, you’ll appreciate all of the gorgeous details. Perfect for entertaining is the open kitchen/dining/living area. The gourmet kitchen boasts a huge island with seating, wolf appliances, five-burner gas range, built-in refrigerator, plenty of cherry cabinet space, and a large dining area with access to the terrace. Working from home is ideal with a large office off the living room. The living room also provides space for a second dining area if needed. The unit hosts two bedrooms, including the primary bedroom with private bath and walk-in closet. The primary bath features heated flooring, a whirlpool tub, tiled walk-in shower, and double vanity. The second bedroom includes an attached full bathroom with shower. If you’re looking for a beautiful home with the comforts of a secure community, now’s the time to turn your dream of city living into a reality.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven - Double, Oven - Wall, Oven/Range - Gas, Refrigerator, Six Burner Stove, Stainless Steel Appliances, Washer, Water Heater - Tankless
  • Entry Floor: 7
  • Interior Amenities: Breakfast Area, Built-Ins, Ceiling Fan(s), Crown Moldings, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Breakfast Room, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2477
  • Living Area Sq Ft: 2477
  • Price Per Sq Ft: 383.53
  • Above Grade Finished Sq Ft: 2477
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 201

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • View: City, Panoramic
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: Yes
  • Parking Features: Assigned, Private, Secure Parking
  • Garage Features: Additional Storage Area, Inside Access
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Radiant
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 671.61
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Magnolia Place
  • HOA Condo Co-Op Amenities: Elevator, Extra Storage, Reserved/Assigned Parking, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Trash
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 655100.00
  • Land Use Code: 180
  • Outdoor Living Structures: Terrace
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL

Rental Info

  • Pets: Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 9684682
  • School Tax: 15298.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 25486.00
  • Assessor Parcel Number: 336-34299-1-0701
  • Tax Total Finished Sq Ft: 2477
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 06/08/2023

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
May 26, 2023
Sold by
England Catherine B and England Victor
Bought by
Phillips Jason A and Phillips Margaret K
Seller's Agent
Anne Lusk
Lusk & Associates Sotheby's International Realty
Buyer's Agent
Marilyn Berger
Keller Williams Elite
List Price
$950,000
Sold Price
$900,000
Premium/Discount to List
-$50,000
-5.26%
Views
181
Current Estimated Value
$954,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,964
Avg. Annual Appreciation
1.99%
Original Mortgage
$720,000
Outstanding Balance
$704,638
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$234,243
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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
Phillips Jason A $900,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Jason A $720,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2023 06/08/23 Sold $900,000 -5.3% $363 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $950,000 -- $384 / 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
2024 $25,922 $655,100 -- $655,100
2023 $25,486 $655,100 $0 $655,100
2022 $24,425 $655,100 $0 $655,100
2021 $23,901 $655,100 $0 $655,100
2020 $23,901 $655,100 $0 $655,100
2019 $23,543 $655,100 $0 $655,100
2018 $5,215 $655,100 $0 $655,100
2017 $21,331 $464,400 $0 $464,400
2016 $21,136 $464,400 $0 $464,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PALA2032374

Bright MLS

APN: 336-34299-1-0701