Seller's Agent in 2020
Stephen Boyd
KW Empower
(831) 238-1063
7 Total Sales
244 E Lemon St Lancaster, PA 17602
Musser Park NeighborhoodEstimated Value: $237,481 - $323,000
4
Beds
2
Baths
1,406
Sq Ft
$210/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- No HOA
- Radiator
- Wood Flooring
- Property is in very good condition
About This Home
As of July 2020For 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
(831) 238-1063 stephen@thelocalinsight.com KW Empower Listed on: 05/22/2020
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,454
Avg. Annual Appreciation
5.94%
Original Mortgage
$165,000
Outstanding Balance
$146,583
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$148,787
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
RE/MAX Evolved
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
Stephen Boyd
-
Brent Hostetter
Buyer's Agent in 2020
Brent Hostetter
Bold Realty
(610) 373-8701
20 Total Sales
-
Kelly Reber
K
Seller's Agent in 2017
Kelly Reber
Kingsway Realty - Lancaster
(717) 575-6878
64 Total Sales
-
Jeffrey Enck
Seller's Agent in 2014
Jeffrey Enck
RE/MAX
(717) 468-4663
55 Total Sales
Map
Source: Bright MLS
MLS Number: PALA162318
APN: 336-11686-0-0000
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