NOT LISTED FOR SALE
Studio
-- Bath
7,000 Sq Ft
6,098 Sq Ft Lot

Last Sold February 26, 2018

Last sale price $660,000 $94 Per Sq Ft

225 Days on Market

Highlights

  • 0.14 Acre Lot
  • 14 Car Attached Garage
  • Outdoor Storage
  • No HOA
  • Parking Storage or Cabinetry
  • 4-minute walk to Musser Park

About This Home

As of February 2018

NEWLY RENOVATED APARTMENTS - FLOORS, PAINT, KITCHEN AND BATHS. 14 GARAGES GET $50/MONTH EACH. SEE A. PROP OP DATA FORM (APOD). GROSS SQ FEET INCLUDES GARAGES ON 1ST LEVEL; 4065 SQ FEET ON 2ND LEVEL; 1158 SQ FEET ON 3RD LEVEL.income is projected.8 units completely renovated , one in process and two to be completed by november.3 garages not rented yet.seller tries to rent garage and apartment to same person.

Last Agent to Sell the Property

Spencer Speros

(717) 431-0858 ssperos@comcast.net A' La Carte Real Estate Svcs License #RM421936 Listed on: 06/15/2017

Last Buyer's Agent

J. Herbert Fisher

(717) 636-1508 jhf@fishercompanies.com Cavalry Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,056

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 73 x 88
  • Property is in very good condition

Parking

  • 14 Car Attached Garage
  • Parking Storage or Cabinetry
  • On-Street Parking
  • Off-Street Parking

Home Design

  • 7,000 Sq Ft Home
  • Brick Exterior Construction
  • Poured Concrete
  • Built-Up Roof
  • Aluminum Siding
  • Stucco

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • James Buchanan Elementary School
  • Abraham Lincoln Middle School
  • Mccaskey Campus High School

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Washer and Dryer Hookup
  • Outdoor Storage

Listing and Financial Details

  • Tenant pays for heat, hot water, parking fee, electricity
  • Assessor Parcel Number 3360437600000

Community Details

Overview

  • No Home Owners Association
  • 11 Units
  • Lancaster Subdivision

Building Details

  • Income includes apartment rentals, laundry
  • Electric Expense $2,042
  • Insurance Expense $2,251
  • Trash Expense $750
  • Operating Expense $7,342
  • Net Operating Income $67,522

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,056

Year Built

Built in 1910

Lot Details

0

Parking

14

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Storage: Basement, Garage
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Full, Outside Entrance, Unfinished
  • Total Sq Ft: 7000
  • Living Area Sq Ft: 7000
  • Price Per Sq Ft: 106.36
  • Above Grade Finished Sq Ft: 7000
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Brick, Stucco
  • Construction Completed: No
  • Exterior Features: Secure Storage
  • Roof: Built-Up
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 14.00
  • Garage: Yes
  • Parking Spaces Total: 14.00
  • Garage Features: Built In
  • Attached Garage Spaces: 14
  • Total Garage And Parking Spaces: 14
  • Type Of Parking: Off Street, On Street, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Electric Expense: 2042.00
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Electric, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 2299.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: JAMES BUCHANAN
  • High School: MCCASKEY CAMPUS
  • Middle Or Junior School: ABRAHAM LINCOLN

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 73 X 88
  • Property Condition: Very Good
  • Zoning: R-4
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Heat, Hot Water, Parking Fee, Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4059899
  • School Tax: 6681.16
  • Tax Annual Amount: 11055.88
  • Assessor Parcel Number: 3360437600000
  • County Tax Payment Frequency: Annually

Multi Family

  • Gross Income: 85920.00
  • Income Includes: Apartment Rentals, Laundry
  • Metering: Fully Separate
  • Operating Expense: 7342.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2018 02/26/18 Sold $660,000 -11.3% $94 / Sq Ft
01/26/2018 01/26/18 Pending -- -- --
06/15/2017 06/15/17 For Sale $744,500 +55.1% $106 / Sq Ft
01/31/2014 01/31/14 Sold $480,000 -2.6% $52 / Sq Ft View Prior Sale
09/25/2013 09/25/13 Pending -- -- --
01/29/2013 01/29/13 For Sale $492,900 -- $53 / 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 $13,390 $338,400 $43,400 $295,000
2024 $13,390 $338,400 $43,400 $295,000
2023 $13,165 $338,400 $43,400 $295,000
2022 $12,617 $338,400 $43,400 $295,000
2021 $12,346 $338,400 $43,400 $295,000
2020 $12,346 $338,400 $43,400 $295,000
2019 $12,162 $338,400 $43,400 $295,000
2017 $11,056 $240,700 $30,100 $210,600
2016 $10,955 $240,700 $30,100 $210,600
2015 $4,274 $240,700 $30,100 $210,600
2014 $9,560 $240,700 $30,100 $210,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002669457

Bright MLS