NOT LISTED FOR SALE

222 W 4th St Quarryville, PA 17566

Estimated Value: $305,000 - $381,000

-- Bed
2 Baths
2,670 Sq Ft
$129/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $145,000 $54 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $2,152/month

Highlights

  • 0.58 Acre Lot
  • Deck
  • Porch
  • Colonial Architecture
  • No HOA
  • 5-minute walk to Huffnagle Park

About This Home

As of February 2020

Motivated Seller- make an offer! Great value opportunity to add this to your investment portfolio! This solid duplex is located in a convenient area for tenants, and makes it easy to rent. All the bones on this property are solid, with replacement windows, 200 amp service, low maintenance exterior. Both units have washer/dryer hookups, and one side has been remodeled. Tenants take care of exterior maintenance and are provided with a shed for storage. Don't let this good one pass you by! Cap rate of 8.3% plus potential to increase return!

Last Agent to Sell the Property

Naomi Brown

(717) 819-2825 realtornaomibrown@gmail.com Capstone Commercial License #RM425406 Listed on: 10/16/2019

Last Buyer's Agent

Jake Fisher

(717) 587-2481 jake@hostetterrealty.com Hostetter Realty License #RS325195

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 0.58 Acre Lot

Home Design

  • Duplex
  • Colonial Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • Partial Basement

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for insurance, sewer, real estate taxes, water, trash collection
  • Assessor Parcel Number 530-54542-0-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 2-Story Building

Building Details

  • Insurance Expense $900
  • Net Operating Income $13,382

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 3550
  • Living Area Sq Ft: 2670
  • Price Per Sq Ft: 59.89
  • Above Grade Finished Sq Ft: 2670
  • Below Grade Sq Ft: 880
  • Total Below Grade Sq Ft: 880
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 6
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 147800.00
  • Land Assessed Value: 65400.00
  • Lot Size Acres: 0.58
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 25265.00
  • Outdoor Living Structures: Porch(es), Deck(s)
  • Zoning: RESIDENTIAL
  • Zoning Description: R-1 District

Rental Info

  • Existing Lease Type: Gross
  • Owner Pays: Insurance, Sewer, Taxes - Real Estate, Water, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 19500.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4133911
  • School Tax: 2308.00
  • Tax Annual Amount: 3916.00
  • Assessor Parcel Number: 530-54542-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: SOLANCO

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2022
Sold by
King Eli B
Bought by
Kingdom Commerce Llc
Current Estimated Value
$343,216

Purchase Details

Listed on
Oct 16, 2019
Closed on
Feb 27, 2020
Sold by
Lapp John A and Lapp Malinda S
Bought by
King Eli B
Seller's Agent
Naomi Brown
Capstone Commercial
Buyer's Agent
Jake Fisher
Hostetter Realty
List Price
$169,900
Sold Price
$145,000
Premium/Discount to List
-$24,900
-14.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.41%
Original Mortgage
$108,750
Interest Rate
4.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Kingdom Commerce Llc $260,000 --
King Eli B $145,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Eli B $108,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2020 02/28/20 Sold $145,000 -9.3% $54 / Sq Ft
01/03/2020 01/03/20 Pending -- -- --
11/22/2019 11/22/19 Price Changed $159,900 -5.9% $60 / Sq Ft
10/16/2019 10/16/19 For Sale $169,900 -- $64 / 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 $4,277 $213,200 $65,400 $147,800
2024 $4,277 $213,200 $65,400 $147,800
2023 $4,176 $213,200 $65,400 $147,800
2022 $4,080 $213,200 $65,400 $147,800
2021 $3,916 $213,200 $65,400 $147,800
2020 $3,916 $213,200 $65,400 $147,800
2019 $3,838 $213,200 $65,400 $147,800
2018 $1,608 $213,200 $65,400 $147,800
2017 $3,050 $137,500 $43,400 $94,100
2016 $3,050 $137,500 $43,400 $94,100
2015 $1,339 $137,500 $43,400 $94,100
2014 $1,623 $137,500 $43,400 $94,100
Source: Public Records

Agents Affiliated with this Home

  • Naomi Brown

    Seller's Agent in 2020

    Naomi Brown

    Capstone Commercial

    (717) 819-2825

    110 Total Sales

    Naomi Brown
    Section Image
  • Jake Fisher

    Buyer's Agent in 2020

    Jake Fisher

    Hostetter Realty

    (717) 587-2481

    1 in this area

    210 Total Sales

    Jake Fisher
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PALA141724

Bright MLS

APN: 530-54542-0-0000

Pennsylvania Lancaster County Quarryville 17566

222 W 4th St, Quarryville, PA

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