NOT LISTED FOR SALE

2037 Main St Lititz, PA 17543

Estimated Value: $283,000 - $539,000

-- Bed
1 Bath
3,180 Sq Ft
$116/Sq Ft Est. Value

Last Sold November 22, 2017

Last sale price $150,000 $47 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $2,203/month

Highlights

  • No HOA
  • Heating Available
  • 3-minute walk to Warwick Township Lions Park
  • Warwick Senior High School Rated 9+

About This Home

As of November 2017

Fully rented 3 Unit w/detached garage, desirable location and investment.

Last Agent to Sell the Property

Richard Stauffer

(717) 989-4390 rlstauffer@rlsre.net RE/MAX Pinnacle Listed on: 04/30/2017

Last Buyer's Agent

Richard Stauffer

(717) 989-4390 rlstauffer@rlsre.net RE/MAX Pinnacle Listed on: 04/30/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 85x106

Parking

  • Off-Street Parking

Home Design

  • Converted Dwelling
  • Poured Concrete
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Attic

  • Storage In Attic

Schools

  • Warwick High School

Utilities

  • Heating Available
  • Electric Water Heater

Additional Features

  • Washer and Dryer Hookup
  • Exterior Basement Entry

Listing and Financial Details

  • Tenant pays for heat, hot water
  • Assessor Parcel Number 6002495600000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Income includes apartment rentals
  • Electric Expense $357
  • Insurance Expense $1,264
  • Maintenance Expense $1,656
  • Trash Expense $620
  • Operating Expense $6,894
  • Net Operating Income $11,246

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Storage: Attic, Basement
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Outside Entrance

Exterior Features

  • Construction Materials: Vinyl 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
  • Type Of Parking: Off Street

Utilities

  • Annual Heating Expense: 1445.00
  • Central Air Conditioning: No
  • Electric Expense: 357.00
  • Heating Type: Electric, Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1552.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: WARWICK

Lot Info

  • Lot Size Acres: 0.26
  • Lot Dimensions: 85x106
  • Zoning: RES
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Heat, Hot Water
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4147323
  • School Tax: 3362.69
  • Tax Annual Amount: 3999.72
  • Assessor Parcel Number: 6002495600000
  • County Tax Payment Frequency: Annually

Multi Family

  • Gross Income: 22140.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 6894.00
  • 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

Listed on
Apr 30, 2017
Closed on
Nov 22, 2017
Sold by
Bomgardner Ryan C
Bought by
King Elam L
Seller's Agent
Richard Stauffer
RE/MAX Pinnacle
Buyer's Agent
Richard Stauffer
RE/MAX Pinnacle
List Price
$182,500
Sold Price
$150,000
Premium/Discount to List
-$32,500
-17.81%
Current Estimated Value
$369,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,549
Avg. Annual Appreciation
11.99%
Original Mortgage
$105,000
Outstanding Balance
$88,124
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$281,425

Purchase Details

Closed on
Sep 28, 2005
Sold by
Watts Bernice E
Bought by
Bomgardner Ryan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
5.84%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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 Elam L $150,000 None Available
Bomgardner Ryan C $189,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Elam L $105,000
Previous Owner Bomgardner Ryan C $151,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2017 11/22/17 Sold $150,000 -17.8% $47 / Sq Ft
09/15/2017 09/15/17 Pending -- -- --
04/30/2017 04/30/17 For Sale $182,500 -- $57 / 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 $3,225 $164,500 $50,600 $113,900
2024 $3,225 $164,500 $50,600 $113,900
2023 $3,210 $164,500 $50,600 $113,900
2022 $3,210 $164,500 $50,600 $113,900
2021 $3,210 $164,500 $50,600 $113,900
2020 $3,210 $164,500 $50,600 $113,900
2019 $3,210 $164,500 $50,600 $113,900
2018 $2,693 $164,500 $50,600 $113,900
2017 $3,934 $158,900 $38,000 $120,900
2016 $3,934 $158,900 $38,000 $120,900
2015 $637 $158,900 $38,000 $120,900
2014 $3,132 $158,900 $38,000 $120,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002668427

Bright MLS

APN: 600-24956-0-0000