NOT LISTED FOR SALE

227 E Walnut St Lancaster, PA 17602

Musser Park Neighborhood

Estimated Value: $328,000 - $376,000

Studio
3 Baths
1,685 Sq Ft
$207/Sq Ft Est. Value

Sale Details

Date Sold: December 11, 2013

Last sale price $149,500 $89 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $2,348 / mo

8 Days on Market

Highlights

  • No HOA
  • Parking Storage or Cabinetry
  • 5-minute walk to Musser Park
  • Cooling Available
  • Forced Air Heating System

About This Home

As of December 2013

Meticulously renovated 2 unit w/ 2 car garage. Conveniently located, walking distance to downtown, and easy access to highway. Potential income of $2,000+/mo (1st floor $900/mo, 2nd floor $1,000/mo, & garage $200/mo)or live in one and rent out the other. Renovations include: 2 new kitchens, 2 new baths, 2 new gas furnaces, hot water heater, flooring, & fresh paint.

Last Agent to Sell the Property

Jonathan Leventry

(717) 471-9077 kjgainer@comcast.net Uptown Realty Services Listed on: 10/30/2013

Last Buyer's Agent

Corinn Kirchner

(717) 394-3374 corinn@ppmproperties.com PPM Real Estate, Inc. License #RM425642

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,535

Year Built

  • Built in 1875

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Rubber Roof

Basement

  • Exterior Basement Entry
  • Basement Storage

Parking

  • Garage
  • Parking Storage or Cabinetry

Schools

  • Mccaskey Campus High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for heat, hot water, trash removal
  • Assessor Parcel Number 336094300000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals, parking

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,535

Year Built

Built in 1875

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Storage: Basement, Garage
  • Year Built: 1875
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Outside Entrance

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Rubber
  • 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: No
  • Cooling: Yes
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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

  • Property Attached Yn: Yes
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Heat, Hot Water, Trash Removal
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4060067
  • School Tax: 2146.37
  • Tax Annual Amount: 3535.34
  • Assessor Parcel Number: 336094300000
  • County Tax Payment Frequency: Annually

Multi Family

  • Income Includes: Apartment Rentals, Parking
  • 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

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

Closed on
Nov 23, 2015
Sold by
Bought by
Current Estimated Value
$348,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Outstanding Balance
$98,101
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$250,613

Purchase Details

Listed on
Oct 30, 2013
Closed on
Dec 11, 2013
Sold by
Bought by
Seller's Agent
Jonathan Leventry
Uptown Realty Services
Buyer's Agent
Corinn Kirchner
PPM Real Estate, Inc.
List Price
$169,900
Sold Price
$149,500
Premium/Discount to List
-$20,400
-12.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Original Mortgage
$142,373
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 21, 2012
Closed on
Feb 5, 2013
Sold by
Bought by
List Price
$65,500
Sold Price
$50,000
Premium/Discount to List
-$15,500
-23.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
268.36%
Original Mortgage
$55,500
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2012
Sold by
Bought by

Purchase Details

Closed on
Jan 26, 2012
Sold by
Bought by
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

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
-- Attorney
$149,500 None Available
$50,000 None Available
-- None Available
$11,500 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
Open $127,200
Closed $142,373
Previous Owner $55,500
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 Prior Sale
12/11/2013 12/11/13 Sold $149,500 -12.0% $89 / Sq Ft
11/07/2013 11/07/13 Pending -- -- --
10/30/2013 10/30/13 For Sale $169,900 +239.8% $101 / Sq Ft
02/07/2013 02/07/13 Sold $50,000 -23.7% $30 / Sq Ft View Prior Sale
01/07/2013 01/07/13 Pending -- -- --
12/21/2012 12/21/12 For Sale $65,500 -- $39 / 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 $5,575 $139,400 $29,900 $109,500
2025 $5,516 $139,400 $29,900 $109,500
2024 $5,516 $139,400 $29,900 $109,500
2023 $5,423 $139,400 $29,900 $109,500
2022 $5,197 $139,400 $29,900 $109,500
2021 $5,086 $139,400 $29,900 $109,500
2020 $5,086 $139,400 $29,900 $109,500
2019 $5,010 $139,400 $29,900 $109,500
2018 $2,536 $139,400 $29,900 $109,500
2017 $3,803 $82,800 $15,800 $67,000
2016 $3,768 $82,800 $15,800 $67,000
2015 $1,470 $82,800 $15,800 $67,000
2014 $3,289 $82,800 $15,800 $67,000
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Leventry

    Seller's Agent in 2013

    Jonathan Leventry

    Uptown Realty Services

    (717) 587-3675

    42 Total Sales

    Jonathan Leventry
    Section Image
  • Corinn Kirchner

    Buyer's Agent in 2013

    Corinn Kirchner

    PPM Real Estate, Inc.

    (717) 341-7749

    7 in this area

    41 Total Sales

    Corinn Kirchner
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002730837

Bright MLS

APN: 336-09430-0-0000

Pennsylvania Lancaster County Lancaster 17602 Musser Park

227 E Walnut St, Lancaster, PA

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