NOT LISTED FOR SALE

Estimated Value: $612,843

Studio
-- Bath
-- Sq Ft
0.25 Acre Lot

Sale Details

Date Sold: March 24, 2017

Last sale price $342,500

Est. 79% increase in value since last sale

Current estimated payment $4,231 / mo

258 Days on Market

Highlights

  • 0.25 Acre Lot
  • Window Unit Cooling System
  • Baseboard Heating
  • No HOA
  • Home Security System

About This Home

As of March 2017

3 Unit Mixed Use Property. Potential for investor OR OWNER OCCUPIED! First flr 4,000sf comm/light industrial space is avail. NOI over $35k at full occupancy =9% CAP RATE. 2nd flr consists of leased comm. space & leased 2bed apt. 1st flr marketd for $2100/mo. & features retail/showrm/office area, heated warehouse space & 2 drive in doors. Boarded windows can be reopened! Ability to park 1-2 cars in fenced in rear of bldg. See photo for income/exp.

Last Agent to Sell the Property

Tracy Horst

(717) 394-3374 corinn@ppmproperties.com PPM Real Estate, Inc. License #AB069429 Listed on: 05/06/2016

Co-Listed By

Corinn Kirchner

(717) 394-3374 corinn@ppmproperties.com PPM Real Estate, Inc. License #RM425642

Last Buyer's Agent

Corinn Kirchner

(717) 394-3374 corinn@ppmproperties.com PPM Real Estate, Inc. License #RM425642

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 90x50

Home Design

  • Rubber Roof

Parking

  • 2 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 3367107500000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Income includes apartment rentals, professional offices
  • Net Operating Income $45,391

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0.25 Acres

Listing Details

  • Property Type: Multi-Family
  • Current Use: Office
  • New Construction: No
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No

Exterior Features

  • Construction Materials: Block
  • Construction Completed: No
  • Roof: Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Spaces Total: 2.00
  • Type Of Parking: Off Street, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Window Unit(s)
  • Cooling: Yes
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 90X50
  • Zoning: R-3
  • Zoning Description: Res/Multi-Family,Residential
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4062339
  • School Tax: 6311.98
  • Tax Annual Amount: 10444.96
  • Assessor Parcel Number: 3367107500000
  • County Tax Payment Frequency: Annually

Multi Family

  • Gross Income: 55740.00
  • Income Includes: Apartment Rentals, Professional Offices
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2017
Sold by
Bought by
Current Estimated Value
$612,843

Purchase Details

Listed on
May 6, 2016
Closed on
Mar 24, 2017
Sold by
Bought by
Seller's Agent
Tracy Horst
PPM Real Estate, Inc.
Buyer's Agent
Corinn Kirchner
PPM Real Estate, Inc.
List Price
$389,900
Sold Price
$342,500
Premium/Discount to List
-$47,400
-12.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%

Purchase Details

Closed on
Oct 10, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.49%
Mortgage Type
Commercial
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$302,500 None Available
$342,500 None Available
-- First American Title Ins Co
$320,000 First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $320,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/24/2017 03/24/17 Sold $342,500 -12.2% --
01/19/2017 01/19/17 Pending -- -- --
05/06/2016 05/06/16 For Sale $389,900 -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,289 $282,300 $47,100 $235,200
2025 $11,171 $282,300 $47,100 $235,200
2024 $11,171 $282,300 $47,100 $235,200
2023 $10,983 $282,300 $47,100 $235,200
2022 $10,525 $282,300 $47,100 $235,200
2021 $10,300 $282,300 $47,100 $235,200
2020 $10,300 $282,300 $47,100 $235,200
2019 $10,145 $282,300 $47,100 $235,200
2018 $6,021 $282,300 $47,100 $235,200
2016 $10,349 $227,400 $31,400 $196,000
2015 $4,037 $227,400 $31,400 $196,000
2014 $9,032 $227,400 $31,400 $196,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002738393

Bright MLS

APN: 336-71075-0-0000

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