NOT LISTED FOR SALE

22 E Filbert St Lancaster, PA 17603

Cabbage Hill Neighborhood

Estimated Value: $164,000 - $206,000

-- Bed
1 Bath
1,232 Sq Ft
$155/Sq Ft Est. Value

Last Sold February 26, 2016

Last sale price $50,000 $41 Per Sq Ft

Est. 280% increase in value since last sale

Current estimated payment $1,201/month

36 Days on Market

Highlights

  • No HOA
  • Outdoor Storage
  • 4-minute walk to Crystal Park

About This Home

As of February 2016

Large rental on corner, Long-term tenant, Great investment opportunity for new or experienced investor.

Last Agent to Sell the Property

Ron Shepherd

(717) 587-7390 ron@shepherdrealestate.com Iron Valley Real Estate of Lancaster Listed on: 11/09/2015

Last Buyer's Agent

Susan Allison

(717) 725-7738 sallison@homesale.com Berkshire Hathaway HomeServices Homesale Realty License #RS308961

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 55x33x54x32

Parking

  • On-Street Parking

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Poured Concrete
  • Stone Siding

Schools

  • Mccaskey Campus High School

Utilities

  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement Fills Entire Space Under The House
  • Outdoor Storage

Listing and Financial Details

  • Tenant pays for heat, electricity
  • Assessor Parcel Number 3386788500000

Community Details

Overview

  • No Home Owners Association
  • Lancaster Subdivision

Building Details

  • Income includes apartment rentals
  • Trash Expense $210
  • Operating Expense $210
  • Net Operating Income $5,751

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Storage: Basement
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Full, Unfinished

Exterior Features

  • Construction Materials: Brick, Stone
  • Construction Completed: No
  • Exterior Features: Secure Storage
  • Roof: Unknown
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: MCCASKEY CAMPUS

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 55x33x54x32
  • Zoning Description: Residential
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 4069706
  • School Tax: 1439.56
  • Tax Annual Amount: 2378.80
  • Assessor Parcel Number: 3386788500000
  • County Tax Payment Frequency: Annually

Multi Family

  • Gross Income: 8340.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 210.00
  • 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
Nov 9, 2015
Closed on
Feb 26, 2016
Sold by
Intrepid Acquisitions Llc
Bought by
Broken Compass Real Estate Llc
Seller's Agent
Ron Shepherd
Iron Valley Real Estate of Lancaster
Buyer's Agent
Susan Allison
Berkshire Hathaway HomeServices Homesale Realty
List Price
$54,900
Sold Price
$50,000
Premium/Discount to List
-$4,900
-8.93%
Current Estimated Value
$190,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,180
Avg. Annual Appreciation
14.62%
Original Mortgage
$202,500
Outstanding Balance
$161,020
Interest Rate
3.79%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$29,619

Purchase Details

Closed on
Jul 30, 2007
Sold by
Mathews Donnie W and Mathews Winifred K
Bought by
Intrepid Acquisitions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2003
Sold by
Mathews Donnie W and Mathews Winifred K
Bought by
Mathews Donnie W and Mathews Winifred K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
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
Broken Compass Real Estate Llc $51,250 Attorney
Intrepid Acquisitions Llc $45,000 None Available
Mathews Donnie W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Broken Compass Real Estate Llc $202,500
Previous Owner Intrepid Acquisitions Llc $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2016 02/26/16 Sold $50,000 -8.9% $41 / Sq Ft
12/15/2015 12/15/15 Pending -- -- --
11/09/2015 11/09/15 For Sale $54,900 -- $45 / 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 $2,399 $60,000 $10,700 $49,300
2024 $2,374 $60,000 $10,700 $49,300
2023 $2,334 $60,000 $10,700 $49,300
2022 $2,237 $60,000 $10,700 $49,300
2021 $1,897 $52,000 $10,700 $41,300
2020 $1,897 $52,000 $10,700 $41,300
2019 $1,869 $52,000 $10,700 $41,300
2018 $1,109 $52,000 $10,700 $41,300
2017 $2,430 $52,900 $12,900 $40,000
2016 $2,408 $52,900 $12,900 $40,000
2015 $939 $52,900 $12,900 $40,000
2014 $2,101 $52,900 $12,900 $40,000
Source: Public Records

Agents Affiliated with this Home

  • Ron Shepherd

    Seller's Agent in 2016

    Ron Shepherd

    Iron Valley Real Estate of Lancaster

    (717) 587-7390

    5 in this area

    16 Total Sales

    Ron Shepherd
    Section Image
  • Susan Allison

    Buyer's Agent in 2016

    Susan Allison

    Berkshire Hathaway HomeServices Homesale Realty

    (717) 725-7738

    54 Total Sales

    Susan Allison
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002737143

Bright MLS

APN: 338-67885-0-0000

Pennsylvania Lancaster County Lancaster 17603 Cabbage Hill

22 E Filbert St, Lancaster, PA

Not Listed for Sale

MultiFamily

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