NOT LISTED FOR SALE

214 E King St Lancaster, PA 17602

Mussertown Neighborhood

Estimated Value: $401,000 - $1,233,808

Studio
-- Bath
-- Sq Ft
0.25 Acres

Last Sold May 05, 2016

Last sale price $535,000

Est. 53% increase in value since last sale

Current estimated payment $5,925/month

5 Days on Market

Highlights

  • 0.25 Acre Lot
  • 14 Car Attached Garage
  • Baseboard Heating
  • No HOA

About This Home

As of May 2016

(11) apartments & (1) office suite - (3) car garage - (14) parking spaces - Look under documents for income, expenses and legal docs - includes 215 E. Mifflin St as part of sale (is on same tax parcel) - roof top decks - seperate heat/electric - good return!!

Last Agent to Sell the Property

George Bechtold

(717) 299-7231 sold@infionline.net Colonial Realty, Inc. License #RM025384A Listed on: 02/17/2016

Last Buyer's Agent

David Nguyen

(717) 283-3770 tstewart@cavalryrealty.com Cavalry Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 0.25 Acre Lot
  • Property is in good condition

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Rubber Roof

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Dirt Floor
  • Basement Storage

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Parking

  • 14 Car Attached Garage
  • On-Street Parking
  • Off-Street Parking

Schools

  • Mccaskey Campus High School

Utilities

  • Radiator
  • Heating System Uses Oil
  • Baseboard Heating
  • 200+ Amp Service
  • 100 Amp Service
  • Oil Water Heater

Listing and Financial Details

  • Tenant pays for heat, electricity
  • Assessor Parcel Number 333-31061-0-0000

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Building Details

  • Income includes apartment rentals, professional offices

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Current Use: Office
  • New Construction: No
  • Storage: Basement
  • Year Built: 1880
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Dirt Floor, Full, Outside Entrance, Unfinished

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Exterior Features: Fire Escape
  • Roof: Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Parking Spaces Total: 14.00
  • Type Of Parking: Off Street, On Street, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service, 200+ Amp Service, Circuit Breakers
  • Heating Type: Baseboard, Radiator, Oil
  • Heating: Yes
  • Hot Water: Electric, Oil
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: MCCASKEY CAMPUS

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 43 X 253 m/l
  • Property Condition: Good
  • Zoning: R-4
  • Zoning Description: Historic District,Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Heat, Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4057276
  • School Tax: 9285.04
  • Tax Annual Amount: 15343.04
  • Assessor Parcel Number: 333-31061-0-0000
  • County Tax Payment Frequency: Annually

Multi Family

  • Income Includes: Apartment Rentals, Professional Offices
  • Metering: Fully Separate
  • 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

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2016
Closed on
May 5, 2016
Sold by
Binkley & Kurtz Inc
Bought by
Ruby Investment Properties Lp
Seller's Agent
George Bechtold
Colonial Realty, Inc.
Buyer's Agent
David Nguyen
Cavalry Realty, LLC
List Price
$525,000
Sold Price
$535,000
Premium/Discount to List
$10,000
1.9%
Current Estimated Value
$817,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,404
Avg. Annual Appreciation
4.42%
Original Mortgage
$428,000
Outstanding Balance
$341,272
Interest Rate
3.71%
Mortgage Type
Commercial
Estimated Equity
$476,132
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

Date Buyer Sale Price Title Company
Ruby Investment Properties Lp $535,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruby Investment Properties Lp $428,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2016 05/05/16 Sold $535,000 +1.9% --
02/22/2016 02/22/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $525,000 -- --
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 $20,157 $509,400 $63,000 $446,400
2024 $20,157 $509,400 $63,000 $446,400
2023 $19,818 $509,400 $63,000 $446,400
2022 $18,993 $509,400 $63,000 $446,400
2021 $18,585 $509,400 $63,000 $446,400
2020 $18,585 $509,400 $63,000 $446,400
2019 $18,307 $509,400 $63,000 $446,400
2018 $21,327 $509,400 $63,000 $446,400
2017 $15,672 $341,200 $43,800 $297,400
2016 $15,529 $341,200 $43,800 $297,400
2015 $6,058 $341,200 $43,800 $297,400
2014 $13,552 $341,200 $43,800 $297,400
Source: Public Records

Agents Affiliated with this Home

  • George Bechtold

    Seller's Agent in 2016

    George Bechtold

    Colonial Realty, Inc.

    (717) 299-7231

    1 Total Sale

    George Bechtold
    Section Image
  • David Nguyen

    Buyer's Agent in 2016

    David Nguyen

    Cavalry Realty, LLC

    (717) 203-7676

    36 Total Sales

    David Nguyen
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002737737

Bright MLS

APN: 333-31061-0-0000

Pennsylvania Lancaster County Lancaster 17602 Mussertown

214 E King St, Lancaster, PA

Not Listed for Sale

MultiFamily

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