NOT LISTED FOR SALE

Estimated Value: $345,000 - $361,000

-- Bed
2 Baths
1,768 Sq Ft
$200/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $148,000 $84 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $2,305/month

Highlights

  • No HOA
  • Window Unit Cooling System
  • Baseboard Heating

About This Home

As of November 2016

Recently remodeled 2 unit in NE Lancaster. Property offers a 2br and a 1br unit along with a garage for extra income generation. Garage currently has electric and available plumbing. Property would potentially qualify for the LGH home in the city program.

Last Agent to Sell the Property

David Garpstas

(717) 208-0253 dgarpstas@kw.com Keller Williams Elite License #RS329082 Listed on: 07/08/2016

Keller Williams Elite

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 1,742

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Composition Roof

Parking

  • 1 Parking Space
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement Fills Entire Space Under The House
  • 1,742 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for heat, hot water, electricity
  • Assessor Parcel Number 3360404200000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,000
  • Maintenance Expense $1,500
  • Operating Expense $3,687
  • Net Operating Income $15,249

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Storage: Basement
  • Year Built: 1890
  • Remarks Public: Recently remodeled 2 unit in NE Lancaster. Property offers a 2br and a 1br unit along with a garage for extra income generation. Garage currently has electric and available plumbing. Property would potentially qualify for the LGH home in the city program.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Full
  • Street Number Modifier: 254

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Composite, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Spaces Total: 1.00
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 986.60
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • School District Key: 300200397286

Lot Info

  • Land Use Code: C-535
  • Lot Size Acres: 0.04
  • Property Attached Yn: Yes
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Heat, Hot Water, Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4059880
  • School Tax: 2356.59
  • Tax Annual Amount: 3863.99
  • Assessor Parcel Number: 3360404200000
  • County Tax Payment Frequency: Annually
  • Close Date: 11/18/2016

Multi Family

  • Gross Income: 22800.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 3686.60
  • 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

Listed on
Jul 8, 2016
Closed on
Nov 16, 2016
Sold by
Aptekar Harriet M and Moyer Harriet
Bought by
Walnut Lane Properties Llc
Seller's Agent
David Garpstas
Keller Williams Elite
List Price
$164,900
Sold Price
$148,000
Premium/Discount to List
-$16,900
-10.25%
Current Estimated Value
$353,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,380
Avg. Annual Appreciation
10.22%
Original Mortgage
$111,750
Interest Rate
3.42%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 24, 2000
Sold by
Moyer Daniel W
Bought by
Aptekar Harriet M
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
Walnut Lane Properties Llc $149,000 None Available
Aptekar Harriet M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Walnut Lane Properties Llc $111,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2016 11/18/16 Sold $148,000 -10.2% $84 / Sq Ft
10/06/2016 10/06/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $164,900 -- $93 / 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 $5,417 $136,900 $20,000 $116,900
2024 $5,417 $136,900 $20,000 $116,900
2023 $5,326 $136,900 $20,000 $116,900
2022 $5,104 $136,900 $20,000 $116,900
2021 $4,995 $136,900 $20,000 $116,900
2020 $4,995 $136,900 $20,000 $116,900
2019 $4,920 $136,900 $20,000 $116,900
2018 $5,732 $136,900 $20,000 $116,900
2017 $3,900 $84,900 $15,500 $69,400
2016 $3,864 $84,900 $15,500 $69,400
2015 $1,507 $84,900 $15,500 $69,400
2014 $3,372 $84,900 $15,500 $69,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1005911889

Bright MLS

APN: 336-04042-0-0000