NOT LISTED FOR SALE
Studio
-- Bath
5,888 Sq Ft
2,156 Sq Ft Lot

Last Sold January 23, 2019

Last sale price $600,000 $102 Per Sq Ft

30 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Upgraded Countertops
  • Traditional Floor Plan
  • No HOA
  • 4-minute walk to Musser Park

About This Home

As of January 2019

Check out this awesome 7-unit located in the heart of downtown. This building includes 2 two-bedroom units, 4 one-bedroom units, and an efficiency. Some of the units have been completely renovated and others have been updated in areas. Utilities are separated and the property has a new roof, hot water heaters, sewer lateral and more. Don't miss out on this great investment opportunity!

Last Agent to Sell the Property

Jackson Corrigan

(717) 393-0100 gschlectic@homesale.com Berkshire Hathaway HomeServices Homesale Realty Listed on: 11/05/2018

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Heather Mellinger

(717) 740-2221 contracts@ironvalleyrealestateoflancaster.com Iron Valley Real Estate of Lancaster License #RS315276

Iron Valley Real Estate of Lancaster

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,586

Year Built

  • Built in 1870

Lot Details

  • 2,156 Sq Ft Lot
  • Lot Dimensions are 24.9x86.6
  • Property is in very good condition

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Stone Foundation
  • Plaster Walls
  • Asphalt Roof
  • Copper Plumbing
  • CPVC or PVC Pipes

Interior Spaces

  • Walk-in Shower
  • Traditional Floor Plan
  • Wainscoting
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Replacement Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Wood Frame Window
  • Casement Windows
  • Window Screens
  • Insulated Doors
  • Six Panel Doors
  • Combination Dining and Living Room
  • Efficiency Studio
  • City Views
  • Stacked Washer and Dryer
  • Basement

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • Built-In Microwave
  • ENERGY STAR Qualified Refrigerator
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Concrete
  • Ceramic Tile
  • Vinyl

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector
  • Fire Escape

Accessible Home Design

  • Doors with lever handles
  • More Than Two Accessible Exits

Eco-Friendly Details

  • Energy-Efficient Windows with Low Emissivity

Outdoor Features

  • Multiple Balconies
  • Patio
  • Exterior Lighting

Schools

  • Mccaskey High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Baseboard Heating
  • Single-Phase Power
  • 120/240V
  • High-Efficiency Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for insurance, management, pest control, water, real estate taxes, personal property taxes, sewer
  • Assessor Parcel Number 332-16508-0-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,454
  • Manager Expense $2,722
  • Trash Expense $1,200
  • Operating Expense $23,868
  • Gross Income $68,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,586

Year Built

Built in 1870

Lot Details

2,156 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • Accessibility Features: 2+ Access Exits, Doors - Lever Handle(s)
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1870
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Microwave, Energy Efficient Appliances, Energy Star Refrigerator, Exhaust Fan, Oven - Self Cleaning, Oven/Range - Electric, Range Hood, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked, Water Heater, Water Heater - High-Efficiency
  • Flooring Type: Carpet, Ceramic Tile, Concrete, Hardwood, Vinyl
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Dining Area, Efficiency, Floor Plan - Traditional, Recessed Lighting, Stall Shower, Upgraded Countertops, Wainscotting, Wood Floors
  • Window Features: Casement, Insulated, Screens, Storm, Vinyl Clad, Wood Frame, Energy Efficient, Low-E, Replacement
  • Fireplace: No
  • Door Features: Six Panel, Insulated, Storm
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, Plaster Walls
  • Foundation Details: Stone
  • Basement: Yes
  • Total Sq Ft: 7296
  • Living Area Sq Ft: 5888
  • Price Per Sq Ft: 105.93
  • Above Grade Finished Sq Ft: 5664
  • Below Grade Finished Sq Ft: 224
  • Below Grade Sq Ft: 1408
  • Total Below Grade Sq Ft: 1632
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Copper Plumbing, Cpvc/Pvc, Mixed Plumbing
  • Exterior Features: Exterior Lighting, Fire Escape, Sidewalks
  • Road Surface Type: Black Top
  • Roof: Asphalt
  • View: City, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Heat Pump(s)
  • Previous Twelve Months Electric Expense: 442.00
  • Electric Service: 120/240V, Single Phase
  • Heating Fuel: Electric
  • Heating Type: Baseboard, Electric, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Pest Control Expense: 382.00
  • Security: Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Previous Twelve Months: 1960.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Professional Management Expense: 2722.00

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: MCCASKEY H.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 263200.00
  • Land Assessed Value: 39800.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 24.9x86.6
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2156.00
  • Outdoor Living Structures: Balconies- Multiple, Patio(s)
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Zoning: R3

Rental Info

  • Owner Pays: Insurance, Management, Pest Control, Water, Taxes - Real Estate, Taxes - Personal Property, Sewer
  • Total Actual Rent: 68040.00
  • Units Leased Count: 6
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4056286
  • School Tax: 6462.00
  • Tax Annual Amount: 10586.00
  • Assessor Parcel Number: 332-16508-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Multi Family

  • Gross Scheduled Income: 68040.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 23868.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6,Unit 7

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER
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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
01/23/2019 01/23/19 Sold $600,000 0.0% $102 / Sq Ft
12/05/2018 12/05/18 Pending -- -- --
11/30/2018 11/30/18 Price Changed $600,000 -5.5% $102 / Sq Ft
11/05/2018 11/05/18 For Sale $634,900 -- $108 / Sq Ft
Source: Bright MLS

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 $11,990 $303,000 $39,800 $263,200
2024 $11,990 $303,000 $39,800 $263,200
2023 $11,788 $303,000 $39,800 $263,200
2022 $11,297 $303,000 $39,800 $263,200
2021 $11,055 $303,000 $39,800 $263,200
2020 $11,055 $303,000 $39,800 $263,200
2019 $10,889 $303,000 $39,800 $263,200
2018 $12,686 $303,000 $39,800 $263,200
2017 $8,461 $184,200 $23,200 $161,000
2016 $8,383 $184,200 $23,200 $161,000
2015 $3,270 $184,200 $23,200 $161,000
2014 $7,316 $184,200 $23,200 $161,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA101070

Bright MLS
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