NOT LISTED FOR SALE

Estimated Value: $192,000 - $272,000

Studio
2 Baths
934 Sq Ft
$261/Sq Ft Est. Value

Sale Details

Date Sold: October 31, 2014

Last sale price $113,500 $122 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $1,638 / mo

22 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • 3-minute walk to Mayor Janice C Stork Corridor Park

About This Home

As of October 2014

Turnkey two unit comes with tenants too! Great opportunity for a savvy investor, nothing to do except take over as landlord! Both units are 1 bedroom and utilities are separate as well. Roof, gutters, heat, exterior doors, windows, baths, water heater, tile floor & carpet are all recent improvements. Great West end location!

Last Agent to Sell the Property

Virginia Volpone

(717) 393-0100 gschlectic@homesale.com Berkshire Hathaway HomeServices Homesale Realty License #RS162060A Listed on: 08/18/2014

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Virginia Volpone

(717) 393-0100 gschlectic@homesale.com Berkshire Hathaway HomeServices Homesale Realty License #RS162060A Listed on: 08/18/2014

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,368

Year Built

  • Built in 1920

Lot Details

  • 871 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

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

Basement

  • Crawl Space
  • Basement Storage

Schools

  • Mccaskey Campus High School

Utilities

  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for hot water, trash removal, electricity
  • Assessor Parcel Number 3393480200000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • West End Lancaster Subdivision

Building Details

  • Income includes apartment rentals
  • Electric Expense $456
  • Insurance Expense $700
  • Maintenance Expense $3,358
  • Manager Expense $2,017
  • Other Expense $100
  • Trash Expense $420
  • Operating Expense $8,230
  • Net Operating Income $2,722

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,368

Year Built

Built in 1920

Lot Details

871 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Other Expense: 100.00
  • Storage: Basement
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: No

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • 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: 456.00
  • Electric Service: 100 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: 645.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Professional Management Expense: 2017.00

Schools

  • High School: MCCASKEY CAMPUS

Lot Info

  • Lot Size Acres: 0.02
  • Property Attached Yn: Yes
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Hot Water, Trash Removal, Electricity
  • Vacation Rental: No

Tax Info

  • School Tax: 1454.02
  • Tax Annual Amount: 2368.26
  • Assessor Parcel Number: 3393480200000
  • County Tax Payment Frequency: Annually

Multi Family

  • Gross Income: 13320.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 8230.00
  • 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

Listed on
Aug 18, 2014
Closed on
Oct 31, 2014
Sold by
Cheney Joan P
Bought by
Schroeder Frederick N and Schroeder Mary Gill
Seller's Agent
Virginia Volpone
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Virginia Volpone
Berkshire Hathaway HomeServices Homesale Realty
List Price
$119,900
Sold Price
$113,500
Premium/Discount to List
-$6,400
-5.34%
Current Estimated Value
$243,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,326
Avg. Annual Appreciation
6.89%
Original Mortgage
$85,125
Outstanding Balance
$47,871
Interest Rate
4.21%
Mortgage Type
New Conventional
Estimated Equity
$195,955

Purchase Details

Closed on
Mar 11, 2011
Sold by
Jefferies Harry R and Etherton James L
Bought by
Cheney Joan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,425
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2007
Sold by
Arnold Troy R and Rideout Jordan E
Bought by
Jefferies Harry R and Etherton James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,800
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2003
Sold by
Arg Properties
Bought by
Armold Troy R and Rideout Jordan E

Purchase Details

Closed on
Jan 16, 2003
Sold by
Costello Joseph and Costello Dana E
Bought by
Arg Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
5.99%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schroeder Frederick N $113,500 None Available
Cheney Joan P $105,900 None Available
Jefferies Harry R $101,000 Fidelity National Title Ins
Armold Troy R -- --
Arg Properties $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schroeder Frederick N $85,125
Previous Owner Cheney Joan P $79,425
Previous Owner Jefferies Harry R $80,800
Previous Owner Arg Properties $38,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2014 10/31/14 Sold $113,500 -5.3% $122 / Sq Ft
09/09/2014 09/09/14 Pending -- -- --
08/18/2014 08/18/14 For Sale $119,900 -- $128 / Sq Ft
Source: Bright MLS

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 $4,262 $107,700 $20,700 $87,000
2024 $4,262 $107,700 $20,700 $87,000
2023 $4,190 $107,700 $20,700 $87,000
2022 $4,015 $107,700 $20,700 $87,000
2021 $3,929 $107,700 $20,700 $87,000
2020 $3,929 $107,700 $20,700 $87,000
2019 $3,871 $107,700 $20,700 $87,000
2018 $1,723 $80,800 $20,700 $60,100
2017 $2,503 $54,500 $17,800 $36,700
2016 $2,480 $54,500 $17,800 $36,700
2015 $968 $54,500 $17,800 $36,700
2014 $2,165 $54,500 $17,800 $36,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1005911863

Bright MLS

APN: 339-34802-0-0000

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