NOT LISTED FOR SALE

Estimated Value: $237,607 - $337,000

4 Beds
2 Baths
1,406 Sq Ft
$213/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $215,000 $153 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,915/month

Highlights

  • Colonial Architecture
  • No HOA
  • Radiator
  • Wood Flooring
  • Property is in very good condition

About This Home

As of July 2020

For investors looking for a turn-key, cash flowing, fully leased, two-unit located in Lancaster City's highly desired Musser Park neighborhood. This two-unit consists of a first-floor executive rental and a second unit that is a 3 bedroom, traditionally-leased apartment. This property has been extensively updated over the past 2 + years, including updated electric from the basement to the 3rd floor, updated PEX plumbing throughout, a new roof installed in 2018. The second unit includes a fully renovated kitchen and bath with additional plumbing already installed to add an additional bath on the 3rd floor if desired. Both units come with a washer and dryer and are Certified Lead-Safe by the City of Lancaster. No showings can take place before Governor Tom Wolfs shelter in place orders have been lifted.

Last Agent to Sell the Property

Stephen Boyd

(831) 238-1063 stephen@thelocalinsight.com KW Empower Listed on: 05/22/2020

KW Empower

Last Buyer's Agent

Brent Hostetter

(610) 373-8701 brent@boldpa.com Bold Realty

Bold Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,583

Year Built

  • Built in 1909 | Remodeled in 2017

Lot Details

  • 1,307 Sq Ft Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Rubber Roof
  • Masonry

Interior Spaces

  • 1,406 Sq Ft Home
  • Property has 3 Levels
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Dishwasher

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Mccaskey Campus High School

Utilities

  • Window Unit Cooling System
  • Radiator

Community Details

  • No Home Owners Association
  • Musser Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 336-11686-0-0000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,583

Year Built

Built in 1909 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Washers, dryers, refrigerators
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2020-05-22
  • Federal Flood Zone: No
  • Year Built: 1909
  • Year Renovated: 2017
  • Remarks Public: For investors looking for a turn-key, cash flowing, fully leased, two-unit located in Lancaster City's highly desired Musser Park neighborhood. This two-unit consists of a first-floor executive rental and a second unit that is a 3 bedroom, traditionally-leased apartment. This property has been extensively updated over the past 2 + years, including updated electric from the basement to the 3rd floor, updated PEX plumbing throughout, a new roof installed in 2018. The second unit includes a fully renovated kitchen and bath with additional plumbing already installed to add an additional bath on the 3rd floor if desired. Both units come with a washer and dryer and are Certified Lead-Safe by the City of Lancaster. No showings can take place before Governor Tom Wolfs shelter in place orders have been lifted.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dryer, Dishwasher, Refrigerator, Washer
  • Flooring Type: Hardwood
  • Fireplace: No
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1406
  • Living Area Sq Ft: 1406
  • Price Per Sq Ft: 152.92
  • Above Grade Finished Sq Ft: 1406
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 244

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Masonry
  • Roof: Shingle, 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: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • High School: MCCASKEY CAMPUS
  • High School Source: Listing Agent
  • School District Key: 300200397286
  • School District Source: 3rd Party
  • High School: MCCASKEY CAMPUS

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 76000.00
  • Land Assessed Value: 22200.00
  • Land Use Code: 114
  • Lot Size Acres: 0.03
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 4060134
  • School Tax: 2148.00
  • Tax Annual Amount: 3583.00
  • Assessor Parcel Number: 336-11686-0-0000
  • Tax Total Finished Sq Ft: 1406
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/02/2020

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Jul 2, 2020
Sold by
Kiefer Willem Creed and Macias Karla Michelle
Bought by
Brentwood Investment Properties Llc
Seller's Agent
Stephen Boyd
KW Empower
Buyer's Agent
Brent Hostetter
Bold Realty
List Price
$215,000
Sold Price
$215,000
Current Estimated Value
$298,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,902
Avg. Annual Appreciation
6.45%
Original Mortgage
$165,000
Outstanding Balance
$146,583
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$152,319

Purchase Details

Listed on
May 18, 2017
Closed on
Aug 11, 2017
Sold by
Rohrer And Miller Investment Properties
Bought by
Kiefer Willem Creed and Macias Karla Michelle Molina
Seller's Agent
Kelly Reber
Kingsway Realty - Lancaster
Buyer's Agent
Stephen Boyd
KW Empower
List Price
$124,900
Sold Price
$124,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.68%
Original Mortgage
$149,246
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 7, 2014
Closed on
Oct 30, 2014
Sold by
Bucher Gregory S and Bucher Cletus B
Bought by
Rohrer & Miller Investment Properties Ll
Seller's Agent
Jeffrey Enck
Realty ONE Group Unlimited
Buyer's Agent
Kelly Reber
Kingsway Realty - Lancaster
List Price
$109,900
Sold Price
$105,000
Premium/Discount to List
-$4,900
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$84,000
Interest Rate
4.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2002
Sold by
Bucher Properties
Bought by
Bucher Gregory S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,700
Interest Rate
6.57%

Purchase Details

Closed on
Mar 25, 2002
Sold by
Federal National Mortgage Association
Bought by
Bucher Properties

Purchase Details

Closed on
Jan 23, 2002
Sold by
Peters Terry Lee and Mcgovern Kathleen J
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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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
Brentwood Investment Properties Llc $215,000 Land Transfer Co Inc
Kiefer Willem Creed $124,900 None Available
Rohrer & Miller Investment Properties Ll $105,000 None Available
Bucher Gregory S $37,000 --
Bucher Properties $37,015 --
Federal National Mortgage Association $2,751 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brentwood Investment Properties Llc $165,000
Previous Owner Kiefer Willem Creed $149,246
Previous Owner Rohrer & Miller Investment Properties Ll $84,000
Previous Owner Bucher Gregory S $52,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2020 07/02/20 Sold $215,000 0.0% $153 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $215,000 +72.1% $153 / Sq Ft
08/11/2017 08/11/17 Sold $124,900 0.0% $89 / Sq Ft View Prior Sale
05/21/2017 05/21/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $124,900 +19.0% $89 / Sq Ft
10/30/2014 10/30/14 Sold $105,000 -4.5% $75 / Sq Ft View Prior Sale
09/18/2014 09/18/14 Pending -- -- --
08/07/2014 08/07/14 For Sale $109,900 -- $79 / 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 $3,886 $98,200 $22,200 $76,000
2024 $3,886 $98,200 $22,200 $76,000
2023 $3,820 $98,200 $22,200 $76,000
2022 $3,661 $98,200 $22,200 $76,000
2021 $3,583 $98,200 $22,200 $76,000
2020 $3,583 $98,200 $22,200 $76,000
2019 $3,529 $98,200 $22,200 $76,000
2018 $2,131 $99,900 $22,200 $77,700
2016 $3,190 $70,100 $16,500 $53,600
2015 $1,245 $70,100 $16,500 $53,600
2014 $2,784 $70,100 $16,500 $53,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA162318

Bright MLS

APN: 336-11686-0-0000