C
Seller's Agent in 2024
Curvin Horning
Kingsway Realty - Ephrata
(717) 606-2226
19 in this area
320 Total Sales
Estimated Value: $432,000 - $466,000
--
Bed
4
Baths
2,990
Sq Ft
$149/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- 1 Fireplace
- Electric Baseboard Heater
About This Home
As of August 2024Welcome 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.
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,626
Avg. Annual Appreciation
3.45%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stand613 Llc | $431,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Stand613 Llc | $475,000 | |
| Previous Owner | King Amos S | $100,000 | |
| Previous Owner | King Amos S | $137,500 | |
| Previous Owner | King Amos S | $50,000 | |
| Previous Owner | King Amos S | $20,000 | |
| Previous Owner | King Amos S | $10,000 | |
| Previous Owner | King Amos S | $89,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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 |
|---|---|---|---|---|
| 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
-
Curvin Horning
-
Lisa Graham
Buyer's Agent in 2024
Lisa Graham
Iron Valley Real Estate of Lancaster
(717) 572-7236
4 in this area
149 Total Sales
Map
Source: Bright MLS
MLS Number: PALA2052738
APN: 360-73636-0-0000
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