NOT LISTED FOR SALE

23 New Dorwart St Lancaster, PA 17603

Cabbage Hill Neighborhood

Estimated Value: $231,000 - $247,714

-- Bed
-- Bath
2,112 Sq Ft
$113/Sq Ft Est. Value

Last Sold March 01, 2016

Last sale price $80,000 $38 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $1,547/month

9 Days on Market

Highlights

  • No HOA
  • Radiator
  • 4-minute walk to Crystal Park

About This Home

As of March 2016

Great investment opportunity in Lancaster City. 1st floor is currently barber shop but has many different commercial uses. 2nd fl is 2bd rm apt. Property can cash flow instantly

Last Agent to Sell the Property

Thai Loy

(717) 587-7120 outhailoy@yahoo.com Coldwell Banker Realty Listed on: 02/01/2016

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Lot Details

  • 1,307

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Stone Siding

Schools

  • Mccaskey Campus High School

Utilities

  • Radiator
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement Fills Entire Space Under The House
  • 1,307 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 3384179000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

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

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full

Exterior Features

  • Construction Materials: Brick, Stone
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • 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: 100 Amp Service
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • 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
  • Zoning Description: Commercial
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4068383
  • School Tax: 2304.93
  • Tax Annual Amount: 3808.77
  • Assessor Parcel Number: 3384179000000
  • County Tax Payment Frequency: Annually

Multi Family

  • Gross Income: 1675.00
  • Income Includes: Apartment Rentals
  • 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

Closed on
Jul 22, 2020
Sold by
Ruby Investment Properties Lp
Bought by
Teklu Pbright
Current Estimated Value
$239,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Outstanding Balance
$110,159
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$129,198

Purchase Details

Listed on
Feb 1, 2016
Closed on
Mar 1, 2016
Sold by
Williams Legrant
Bought by
Ruby Investment Properties Lp
Seller's Agent
Thai Loy
Coldwell Banker Realty
List Price
$91,777
Sold Price
$80,000
Premium/Discount to List
-$11,777
-12.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.87%
Original Mortgage
$80,000
Interest Rate
3.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 31, 2002
Sold by
B J Properties
Bought by
Williams Legrant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
7.14%
Mortgage Type
Seller Take Back
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
Teklu Pbright $155,000 Abstract Assc Of Lancaster I
Ruby Investment Properties Lp $80,000 Attorney
Williams Legrant $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teklu Pbright $124,000
Previous Owner Ruby Investment Properties Lp $80,000
Previous Owner Williams Legrant $73,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2016 03/01/16 Sold $80,000 -12.8% $38 / Sq Ft
02/10/2016 02/10/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $91,777 -- $43 / 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 $3,458 $87,400 $33,800 $53,600
2024 $3,458 $87,400 $33,800 $53,600
2023 $3,400 $87,400 $33,800 $53,600
2022 $3,259 $87,400 $33,800 $53,600
2021 $3,189 $87,400 $33,800 $53,600
2020 $3,189 $87,400 $33,800 $53,600
2019 $3,141 $87,400 $33,800 $53,600
2018 $1,864 $87,400 $33,800 $53,600
2017 $3,032 $66,000 $19,700 $46,300
2016 $3,855 $84,700 $19,700 $65,000
2015 $1,504 $84,700 $19,700 $65,000
2014 $3,364 $84,700 $19,700 $65,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Thai Loy

    Coldwell Banker Realty

    (717) 587-7120

    3 in this area

    36 Total Sales

    Thai Loy
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002737649

Bright MLS

APN: 338-41790-0-0000

Pennsylvania Lancaster County Lancaster 17603 Cabbage Hill

23 New Dorwart St, Lancaster, PA

Not Listed for Sale

MultiFamily

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