NOT LISTED FOR SALE

293 W Main St Leola, PA 17540

Estimated Value: $431,000 - $463,000

-- Bed
4 Baths
2,990 Sq Ft
$149/Sq Ft Est. Value

Last Sold August 05, 2024

Last sale price $431,000 $144 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,758/month

15 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Fireplace
  • Electric Baseboard Heater

About This Home

As of August 2024

Welcome to 291-293 W Main Street, Leola, a unique multi-unit property nestled in the quaint community of Leola, Lancaster County. Situated on a spacious 0.45 acre lot, this property features three units spanning two separate buildings. The cape cod style dwelling consists of two 2 bedroom/1 bathroom units and the additional detached building features one 1 bedroom/1 bathroom unit, combining to 2,990 SF total. Charming and clean, this property boasts ample parking. The full, unfinished basement is immense, offering endless possibilities for your creativity. Currently owned as an investment property. 291-293 W Main brings in an annual net operating income of $25,075.73 and is located in Mixed Use zoning. The choice is yours - invest in income generating real estate or purchase a home with added income potential.

Last Agent to Sell the Property

Curvin Horning

(717) 606-2226 curvin@curvinhorning.com Kingsway Realty - Ephrata Listed on: 06/20/2024

Last Buyer's Agent

Lisa Graham

(717) 572-7236 lisa@kingswayrealty.com Iron Valley Real Estate of Lancaster License #RS337963

Iron Valley Real Estate of Lancaster

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,017

Year Built

  • Built in 1953

Lot Details

  • 0.46 Acre Lot

Home Design

  • Triplex
  • Cape Cod Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,990 Sq Ft Home
  • 1 Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Dishwasher

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for sewer maintenance, snow removal
  • Assessor Parcel Number 360-73636-0-0000

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • Income includes apartment rentals
  • Operating Expense $11,380
  • Net Operating Income $25,076

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,017

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Stove
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2990
  • Living Area Sq Ft: 2990
  • Price Per Sq Ft: 143.81
  • Above Grade Finished Sq Ft: 2990
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.46
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20038.00
  • Zoning: MIXED USE

Rental Info

  • Existing Lease Type: Month To Month
  • Owner Pays: Sewer Maintenance, Snow Removal
  • Rent Control: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 3861.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 5017.00
  • Assessor Parcel Number: 360-73636-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Income Includes: Apartment Rentals
  • Operating Expense: 11379.87
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: CONESTOGA VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Aug 5, 2024
Sold by
King Amos S
Bought by
Stand613 Llc
Seller's Agent
Curvin Horning
Kingsway Realty - Ephrata
Buyer's Agent
Lisa Graham
Iron Valley Real Estate of Lancaster
List Price
$449,900
Sold Price
$431,000
Premium/Discount to List
-$18,900
-4.2%
Views
45
Current Estimated Value
$444,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,776
Avg. Annual Appreciation
2.38%
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
Stand613 Llc $431,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2024 08/05/24 Sold $431,000 +0.2% $144 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
07/01/2024 07/01/24 Price Changed $430,000 -4.4% $144 / Sq Ft
06/20/2024 06/20/24 For Sale $449,900 -- $150 / 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 $5,018 $251,100 $59,100 $192,000
2024 $5,018 $251,100 $59,100 $192,000
2023 $4,915 $251,100 $59,100 $192,000
2022 $4,791 $251,100 $59,100 $192,000
2021 $4,620 $251,100 $59,100 $192,000
2020 $4,620 $251,100 $59,100 $192,000
2019 $4,520 $251,100 $59,100 $192,000
2018 $6,726 $251,100 $59,100 $192,000
2017 $4,286 $197,900 $45,600 $152,300
2016 $4,227 $197,900 $45,600 $152,300
2015 $1,076 $197,900 $45,600 $152,300
2014 $2,935 $197,900 $45,600 $152,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Curvin Horning

    Kingsway Realty - Ephrata

    (717) 606-2226

    19 in this area

    349 Total Sales

    Curvin Horning
    Section Image
  • Lisa Graham

    Buyer's Agent in 2024

    Lisa Graham

    Iron Valley Real Estate of Lancaster

    (717) 572-7236

    4 in this area

    153 Total Sales

    Lisa Graham
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PALA2052738

Bright MLS

APN: 360-73636-0-0000

Pennsylvania Lancaster County Leola 17540

293 W Main St, Leola, PA

Not Listed for Sale

MultiFamily

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