NOT LISTED FOR SALE

24 Benedict Rd Lancaster, PA 17603

New Danville Neighborhood

Estimated Value: $289,000 - $415,000

-- Bed
3 Baths
2,112 Sq Ft
$167/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $235,000 $111 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,177/month

10 Days on Market

Highlights

  • Private Lot
  • Traditional Floor Plan
  • Porch
  • Pequea Elementary School Rated A-
  • Wood Flooring
  • Paneling

About This Home

As of October 2021

Excellent multi-unit investment opportunity located in Penn Manor School District. Features two profitable units including one 2 Bedroom unit with 1.5 bathrooms, central air conditioning and updated flooring . The second unit offers 1 Bedroom that includes an addtional bonus office space and full bathroom. Situated on a large lot with room for all tenants to enjoy the outdoor living space. Convenient access to major Routes, downtown Lancaster, local parks and The Corn Wagon. Gross income: $19,225, Expenses: $4,355, Net Income: $14,870. (2BR unit B is currently vacant)

Last Agent to Sell the Property

Craig Hartranft

(717) 917-9619 chtbuyeragents@homesale.com Berkshire Hathaway HomeServices Homesale Realty License #RS178558L Listed on: 09/10/2021

Berkshire Hathaway HomeServices Homesale Realty

Co-Listed By

Keith Shaub

(717) 278-3887 keithshaub@gmail.com Berkshire Hathaway HomeServices Homesale Realty License #RS301460

Last Buyer's Agent

John Schuchman

(610) 568-4651 johnschuchmanrealtor@gmail.com EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,894

Year Built

  • Built in 1928

Lot Details

  • 0.6 Acre Lot
  • Private Lot
  • Back Yard
  • Property is in good condition

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Converted Dwelling
  • Composition Roof
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 2,112 Sq Ft Home
  • Traditional Floor Plan
  • Paneling
  • Partial Basement
  • Electric Oven or Range
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Outdoor Features

  • Shed
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 510-09570-0-0000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,355
  • Net Operating Income $14,870

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,894

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1928
  • Special Features: VirtualTour

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Washer/Dryer Hookups Only
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Floor Plan - Traditional
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Masonry, Paneled Walls
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 2112
  • Living Area Sq Ft: 2112
  • Price Per Sq Ft: 111.27
  • Above Grade Finished Sq Ft: 2112
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Roof: Composite, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Private, Rear Yard
  • Lot Size Acres: 0.60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 26136.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Yearly
  • Vacation Rental: No

Tax Info

  • School Tax: 3102.00
  • Tax Annual Amount: 3894.00
  • Assessor Parcel Number: 510-09570-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Gross Income: 19225.00
  • Operating Expense: 4355.00
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: PENN MANOR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Oct 18, 2021
Sold by
National Christian Fndn Real Prop Inc
Bought by
Forte David J
Seller's Agent
Craig Hartranft
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
John Schuchman
EXP Realty, LLC
List Price
$225,000
Sold Price
$235,000
Premium/Discount to List
$10,000
4.44%
Current Estimated Value
$352,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,703
Avg. Annual Appreciation
10.63%
Original Mortgage
$146,875
Outstanding Balance
$133,936
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$218,767

Purchase Details

Listed on
Sep 10, 2021
Closed on
Sep 15, 2021
Sold by
Payne Lisa
Bought by
National Christian Fndn Real Prop Inc
Seller's Agent
Craig Hartranft
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
John Schuchman
EXP Realty, LLC
List Price
$225,000
Sold Price
$235,000
Premium/Discount to List
$10,000
4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,875
Outstanding Balance
$133,936
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$218,767

Purchase Details

Closed on
May 27, 2021
Sold by
Aukamp Donald N and Eicheberger Richard
Bought by
Payne Lisa
Source: Public Records

Range of Values:

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Average Value
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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
Forte David J $235,000 Homesale Settlement Services
National Christian Fndn Real Prop Inc -- None Available
Payne Lisa -- None Available
Aukamp Donald N -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forte David J $146,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2021 10/22/21 Sold $235,000 0.0% $111 / Sq Ft
09/21/2021 09/21/21 Price Changed $235,000 +4.4% $111 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $225,000 -- $107 / 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 $3,967 $177,000 $65,500 $111,500
2024 $3,967 $177,000 $65,500 $111,500
2023 $3,967 $177,000 $65,500 $111,500
2022 $3,894 $177,000 $65,500 $111,500
2021 $3,798 $177,000 $65,500 $111,500
2020 $3,798 $177,000 $65,500 $111,500
2019 $3,695 $177,000 $65,500 $111,500
2018 $2,903 $177,000 $65,500 $111,500
2017 $3,850 $154,600 $34,100 $120,500
2016 $3,850 $154,600 $34,100 $120,500
2015 $871 $154,600 $34,100 $120,500
2014 $2,723 $154,600 $34,100 $120,500
Source: Public Records

Agents Affiliated with this Home

  • Craig Hartranft

    Seller's Agent in 2021

    Craig Hartranft

    Berkshire Hathaway HomeServices Homesale Realty

    (717) 917-9619

    1 in this area

    901 Total Sales

    Craig Hartranft
    Section Image
  • Keith Shaub

    Seller Co-Listing Agent in 2021

    Keith Shaub

    Berkshire Hathaway HomeServices Homesale Realty

    (717) 278-3887

    1 in this area

    211 Total Sales

    Keith Shaub
    Section Image
  • John Schuchman

    Buyer's Agent in 2021

    John Schuchman

    EXP Realty, LLC

    (610) 568-4651

    1 in this area

    82 Total Sales

    John Schuchman
    Section Image
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Map

Source: Bright MLS

MLS Number: PALA2005234

Bright MLS

APN: 510-09570-0-0000

Pennsylvania Lancaster County Lancaster 17603 New Danville

24 Benedict Rd, Lancaster, PA

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