NOT LISTED FOR SALE

217 E Walnut St Lancaster, PA 17602

Musser Park Neighborhood

Estimated Value: $324,000 - $457,203

-- Bed
2 Baths
2,530 Sq Ft
$149/Sq Ft Est. Value

Last Sold December 14, 2023

Last sale price $315,000 $125 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,511/month

4 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Hot Water Heating System
  • Traditional Architecture
  • Central Air

About This Home

As of December 2023

Rare opportunity to purchase a 2 unit with a detached garage in downtown Lancaster! The first floor unit is a large one bedroom apartment with a spacious living room, dining room and bedroom. The second floor unit has three bedrooms with two entrances. Both units have off-street parking and the garage is rented for additional income. Easily walk to downtown for work, shopping, and dining. Don't wait, schedule your showing today!

Last Agent to Sell the Property

Jesse Hersh

(717) 475-0378 jesse@jessehershteam.com Berkshire Hathaway HomeServices Homesale Realty License #AB069605 Listed on: 10/12/2023

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Christine Nolt

(717) 517-0407 christine@kingswayrealty.com Kingsway Realty - Lancaster License #RS332150

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,006

Year Built

  • Built in 1875

Lot Details

  • 1,742 Sq Ft Lot
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Masonry

Interior Spaces

  • 2,530 Sq Ft Home
  • Partial Basement

Utilities

  • Central Air
  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • Deck
  • Urban Location

Listing and Financial Details

  • The owner pays for water, gas, sewer, trash collection
  • Assessor Parcel Number 336-99618-0-0000

Community Details

Overview

  • 2 Units
  • 2-Story Building

Building Details

  • Operating Expense $11,008
  • Net Operating Income $18,212

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,006

Year Built

Built in 1875

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1875
  • Automatically Close On Close Date: No
  • Remarks Public: Rare opportunity to purchase a 2 unit with a detached garage in downtown Lancaster! The first floor unit is a large one bedroom apartment with a spacious living room, dining room and bedroom. The second floor unit has three bedrooms with two entrances. Both units have off-street parking and the garage is rented for additional income. Easily walk to downtown for work, shopping, and dining. Don't wait, schedule your showing today!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 2530
  • Living Area Sq Ft: 2530
  • Price Per Sq Ft: 118.58
  • Above Grade Finished Sq Ft: 2530
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 217

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Brick, Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage, Off Street, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • School District Key: 300200397286
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 114
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.40
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Number Of Units Month To Month: 1
  • Owner Pays: Water, Gas, Sewer, Trash Collection
  • Total Actual Rent: 29220.00
  • Vacation Rental: No

Tax Info

  • School Tax: 3605.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 6006.00
  • Assessor Parcel Number: 336-99618-0-0000
  • Tax Total Finished Sq Ft: 2530
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/14/2023

Multi Family

  • Gross Income: 29220.00
  • Operating Expense: 11008.00
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Dec 12, 2023
Sold by
Mchugh Brian P and Mchugh Brynne M
Bought by
Barnett David and Barnett Megan
Seller's Agent
Jesse Hersh
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Christine Nolt
Kingsway Realty - Lancaster
List Price
$300,000
Sold Price
$315,000
Premium/Discount to List
$15,000
5%
Views
32
Current Estimated Value
$376,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,051
Avg. Annual Appreciation
10.40%
Original Mortgage
$252,000
Outstanding Balance
$247,400
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$128,651

Purchase Details

Listed on
Aug 27, 2021
Closed on
Oct 29, 2021
Sold by
Lehman Sergius K and Lehman Angie L
Bought by
Mchugh Brian P and Mchugh Brynne M
Seller's Agent
Deborah Geist
RE/MAX Pinnacle
Buyer's Agent
Jesse Hersh
Berkshire Hathaway HomeServices Homesale Realty
List Price
$247,500
Sold Price
$247,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.99%
Original Mortgage
$185,625
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 1999
Sold by
Garito June P and Weidman June P
Bought by
Lehman Sergius K and Esbenshade Angie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,900
Interest Rate
6.67%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Sold Price
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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
Barnett David $315,000 None Listed On Document
Mchugh Brian P $247,500 Homesale Settlement Services
Lehman Sergius K $87,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnett David $252,000
Previous Owner Mchugh Brian P $185,625
Previous Owner Lehman Sergius K $86,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2023 12/14/23 Sold $315,000 +5.0% $125 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
10/12/2023 10/12/23 For Sale $300,000 +21.2% $119 / Sq Ft
10/29/2021 10/29/21 Sold $247,500 0.0% $98 / Sq Ft View Prior Sale
09/10/2021 09/10/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $247,500 -- $98 / 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 $6,110 $154,400 $29,900 $124,500
2024 $6,110 $154,400 $29,900 $124,500
2023 $6,007 $154,400 $29,900 $124,500
2022 $5,757 $154,400 $29,900 $124,500
2021 $5,633 $154,400 $29,900 $124,500
2020 $5,633 $154,400 $29,900 $124,500
2019 $5,549 $154,400 $29,900 $124,500
2018 $3,293 $154,400 $29,900 $124,500
2017 $4,451 $96,900 $17,200 $79,700
2016 $4,410 $96,900 $17,200 $79,700
2015 $1,720 $96,900 $17,200 $79,700
2014 $3,849 $96,900 $17,200 $79,700
Source: Public Records

Agents Affiliated with this Home

  • Jesse Hersh

    Seller's Agent in 2023

    Jesse Hersh

    Berkshire Hathaway HomeServices Homesale Realty

    (717) 475-0378

    2 in this area

    191 Total Sales

    Jesse Hersh
    Section Image
  • Christine Nolt

    Buyer's Agent in 2023

    Christine Nolt

    Kingsway Realty - Lancaster

    (717) 517-0407

    6 in this area

    376 Total Sales

    Christine Nolt
    Section Image
  • Deborah Geist

    Seller's Agent in 2021

    Deborah Geist

    RE/MAX

    (717) 468-3266

    2 in this area

    21 Total Sales

    Deborah Geist
    Section Image
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Map

Source: Bright MLS

MLS Number: PALA2042280

Bright MLS

APN: 336-99618-0-0000

Pennsylvania Lancaster County Lancaster 17602 Musser Park

217 E Walnut St, Lancaster, PA

This home is located at 217 E Walnut St, Lancaster, PA 17602 since 12 October 2023 and is currently estimated at $376,051, approximately $148 per square foot. This property was built in 1875. 217 E Walnut St is a home located in Lancaster County with nearby schools including Wickersham Elementary School, Lincoln Middle School, and McCaskey High School.

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