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

Sale Details

Date 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

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

Listed on
Nov 5, 2018
Closed on
Jan 22, 2019
Sold by
Bought by
Seller's Agent
Jackson Corrigan
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Heather Mellinger
Iron Valley Real Estate of Lancaster
List Price
$634,900
Sold Price
$600,000
Premium/Discount to List
-$34,900
-5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
0.046%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 4, 2009
Sold by
Bought by

Purchase Details

Closed on
Aug 28, 2008
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
$216,000
Interest Rate
0.0669%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 2006
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
$196,000
Interest Rate
0.0634%
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
$600,000 None Available
-- None Available
$270,000 None Available
$245,000 None Available
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
Closed $400,000
Closed $415,000
Closed $75,000
Closed $238,000
Closed $225,000
Closed $216,000
Closed $196,000
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
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

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 $12,117 $303,000 $39,800 $263,200
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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