NOT LISTED FOR SALE

Estimated Value: $263,000 - $327,000

Studio
2 Baths
1,713 Sq Ft
$178/Sq Ft Est. Value

Last Sold July 23, 2012

Last sale price $100,000 $58 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $1,993/month

18 Days on Market

Highlights

  • No HOA
  • Shed
  • Baseboard Heating

About This Home

As of July 2012

Excellent opportunity to invest! Two unit row house with one car garage on easy to rent street. 3 bedroom unit upstairs, 1 bedroom unit downstairs and garage all currently leased. View all Open Houses at LancasterOpenHouses.com

Last Agent to Sell the Property

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office Listed on: 05/17/2012

Co-Listed By

Adam High

(717) 475-1087 ahigh@weicherteh.com Howard Hanna Real Estate Services - Lancaster

Last Buyer's Agent

Nancy Segro

(717) 203-0184 nansee1@comcast.net Infinity Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 18x154

Parking

  • On-Street Parking

Home Design

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

Unfinished Basement

  • Basement Fills Entire Space Under The House

Outdoor Features

  • Shed
  • Storage Shed

Schools

  • Mccaskey Campus High School

Utilities

  • Baseboard Heating
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for heat, hot water, electricity
  • Assessor Parcel Number 3368698400000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • North East Lancaster Subdivision

Building Details

  • Income includes apartment rentals
  • Electric Expense $250
  • Trash Expense $292
  • Operating Expense $1,212
  • Net Operating Income $11,437

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Storage: Basement, Shed
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Full, Unfinished

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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Expense: 250.00
  • Electric Service: 200+ Amp Service
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 670.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: MCCASKEY CAMPUS

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 18x154
  • 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: 4062884
  • School Tax: 1815.24
  • Tax Annual Amount: 2951.26
  • Assessor Parcel Number: 3368698400000
  • County Tax Payment Frequency: Annually

Multi Family

  • Gross Income: 15600.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 1212.00
  • 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
Sep 4, 2020
Sold by
Shulenberger Gregg and Musselman Larry
Bought by
Shulenberger Gregg
Current Estimated Value
$304,295

Purchase Details

Listed on
May 17, 2012
Closed on
Jul 23, 2012
Sold by
Hildebrand Pamela J
Bought by
Shulenberger Gregg and Musselman Larry
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Nancy Segro
Infinity Real Estate
List Price
$109,000
Sold Price
$100,000
Premium/Discount to List
-$9,000
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.60%
Original Mortgage
$75,000
Outstanding Balance
$51,845
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$252,450

Purchase Details

Closed on
Oct 24, 2002
Sold by
Howe Thelma M and Howe Steven Pettis
Bought by
Hildebrand Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,435
Interest Rate
6.2%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 2002
Sold by
Zimmerman S R and Estate Of Martin Micken
Bought by
Howe Thelma M
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
Shulenberger Gregg -- None Available
Shulenberger Gregg $100,000 None Available
Hildebrand Pamela J $72,000 --
Howe Thelma M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shulenberger Gregg $75,000
Previous Owner Hildebrand Pamela J $71,435
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2012 07/23/12 Sold $100,000 -8.3% $58 / Sq Ft
06/04/2012 06/04/12 Pending -- -- --
05/17/2012 05/17/12 For Sale $109,000 -- $64 / 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 $4,816 $121,700 $23,900 $97,800
2024 $4,816 $121,700 $23,900 $97,800
2023 $4,735 $121,700 $23,900 $97,800
2022 $4,537 $121,700 $23,900 $97,800
2021 $4,177 $114,500 $23,900 $90,600
2020 $4,177 $114,500 $23,900 $90,600
2019 $4,115 $114,500 $23,900 $90,600
2018 $2,442 $114,500 $23,900 $90,600
2017 $3,376 $73,500 $16,200 $57,300
2016 $3,345 $73,500 $16,200 $57,300
2015 $1,305 $73,500 $16,200 $57,300
2014 $2,919 $73,500 $16,200 $57,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1005845561

Bright MLS

APN: 336-86984-0-0000