NOT LISTED FOR SALE

283 Park Ave Unit 2 Lancaster, PA 17602

Ross Neighborhood

Estimated Value: $966,685 - $1,175,000

3 Beds
2.5 Baths
3,277 Sq Ft
1920 Built

Sale Details

Date Sold: September 18, 2024

Last sale price $940,000 $287 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,235 / mo

21 Days on Market

Highlights

  • Open Floorplan
  • Home Office
  • Breakfast Area or Nook
  • Ceiling height of 9 feet or more
  • Sitting Room
  • Stainless Steel Appliances

About This Home

As of September 2024

Experience urban luxury at its finest in this 1920’s exquisitely converted industrial space nestled in downtown Lancaster City. The Park Avenue building was formerly a lock factory and has abundant character with exposed brick walls, soaring 12-foot ceilings, and an open floor plan flooded with natural light from the large industrial windows. The fabulous balcony/terrace provides ample opportunities for effortless entertainment and relaxation. This residence combines modern design with upscale amenities and custom finishes. You will be delighted with the spacious kitchen that boasts a large central island great for dining and entertaining. The custom cabinetry and professional Viking and Wolf appliances are top of the line. The large pantry, wet bar, and beverage center make this kitchen a cook’s dream. The primary suite is a serene retreat with a custom walk-in closet and a spa-like bathroom, complete with soaking tub, and a walk-in tile shower. The 3,200 square foot unit has a total of three bedrooms and two and a half bathrooms. You will love the convenience of the private elevator entrance. This unit comes with three designated parking spots, two of them indoors. Within minutes of Park Avenue, you will have easy access to fine dining, wonderful boutiques, shops, art galleries, and all the rest that downtown Lancaster has to offer. As a bonus, the new owner will enjoy lower taxes for three more years, including 2024, 2025 and 2026, under the City of Lancaster’s seven-year tax abatement program (LERTA). The time has never been better to turn your dream of luxurious city living into a reality. Schedule a showing today for the opportunity to own this remarkable residence!

Last Agent to Sell the Property

Anne M. Lusk

(717) 291-9101 support@yourhomefinders.com Lusk & Associates Sotheby's International Realty License #RS210178L Listed on: 06/26/2024

Lusk & Associates Sotheby's International Realty

Last Buyer's Agent

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,409

Year Built

  • Built in 1920

HOA Fees

  • $598 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 1 Open Parking Space
  • Garage Door Opener
  • On-Street Parking
  • Parking Lot
  • Secure Parking

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 3,277 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Brick Wall or Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Window Treatments
  • Sitting Room
  • Living Room
  • Dining Room
  • Home Office
  • Concrete Flooring
  • Intercom

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Sprinkler System

Listing and Financial Details

  • Assessor Parcel Number 336-98394-0-0000

Community Details

Overview

  • Association fees include trash, insurance
  • Low-Rise Community
  • 283 Park Avenue, A Condominium Condos
  • Lancaster City Annex Subdivision

Pet Policy

  • Dogs and Cats Allowed

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,409

Year Built

Built in 1920

Lot Details

0 Sq Ft Lot

HOA Fees

$598 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1920
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Refrigerator, Stainless Steel Appliances, Washer, Dryer
  • Entry Floor: 2
  • Flooring Type: Concrete
  • Interior Amenities: Breakfast Area, Built-Ins, Ceiling Fan(s), Dining Area, Kitchen - Eat-In, Kitchen - Island, Pantry, Primary Bath(s), Bathroom - Soaking Tub, Sprinkler System, Bathroom - Stall Shower, Walk-In Closet(s), Window Treatments, Combination Dining/Living, Combination Kitchen/Dining, Elevator, Floor Plan - Open, Intercom, Flat, Wet/Dry Bar
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Brick, Dry Wall, High
  • Foundation Details: Brick/Mortar
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 3, Kitchen, Laundry, Office, Bathroom 2, Primary Bathroom, Full Bath, Half Bath
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 3277
  • Living Area Sq Ft: 3277
  • Price Per Sq Ft: 289.90
  • Above Grade Finished Sq Ft: 3277
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Parking, Private, Secure Parking
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, On Street, Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 597.65
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: 283 Park Avenue, A Condominium
  • HOA Condo Co-Op Amenities: Elevator
  • HOA Condo Co-Op Fee Includes: Trash, Insurance
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Outdoor Living Structures: Balcony
  • Zoning: RESIDENTIAL

Rental Info

  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 5978.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 11409.00
  • Assessor Parcel Number: 336-98394-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Aug 28, 2024
Sold by
Bought by
Seller's Agent
Anne M. Lusk
Lusk & Associates Sotheby's International Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$950,000
Sold Price
$940,000
Premium/Discount to List
-$10,000
-1.05%
Views
51
Current Estimated Value
$1,052,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,895
Avg. Annual Appreciation
6.36%

Purchase Details

Listed on
Sep 4, 2019
Closed on
Mar 7, 2020
Sold by
Bought by
Seller's Agent
Tracy Horst
PPM Real Estate, Inc.
Buyer's Agent
Carole Kirchner
Berkshire Hathaway HomeServices Homesale Realty
List Price
$840,000
Sold Price
$805,000
Premium/Discount to List
-$35,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.47%
Original Mortgage
$593,750
Interest Rate
0.036%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$940,000 None Listed On Document
$805,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $150,000
Previous Owner $593,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2024 09/18/24 Sold $940,000 -1.1% $287 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
06/26/2024 06/26/24 For Sale $950,000 +18.0% $290 / Sq Ft
03/06/2020 03/06/20 Sold $805,000 -4.2% $250 / Sq Ft View Prior Sale
11/15/2019 11/15/19 Pending -- -- --
09/04/2019 09/04/19 For Sale $840,000 -- $261 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $22,994 $575,000 $575,000
2025 $22,753 $575,000 $575,000
2024 $22,753 $575,000 $575,000
2023 $22,370 $575,000 $0 $575,000
2022 $21,438 $575,000 $0 $575,000
2021 $20,979 $575,000 $0 $575,000
2020 $2,682 $73,500 $0 $73,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2053008

Bright MLS

APN: 336-98394-1-0002

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