NOT LISTED FOR SALE

302 E New St Lancaster, PA 17602

Ross Neighborhood

Estimated Value: $479,387

Studio
-- Bath
2,800 Sq Ft
$171/Sq Ft Est. Value

Last Sold July 10, 2018

Last sale price $245,000 $88 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $3,019/month

45 Days on Market

Highlights

  • City View
  • Corner Lot
  • Balcony
  • Deck
  • No HOA
  • Crown Molding

About This Home

As of July 2018

Well maintained 5 units building that includes 4 rental apartment units and 1 commercial store front. A great opportunity for a landlord or investor. Gas heat.

Last Agent to Sell the Property

Nathan Mountain

(717) 572-7423 NATHANMOUNTAIN@AOL.COM Mountain Realty ERA Powered License #RM421222 Listed on: 03/27/2018

Last Buyer's Agent

David High

(717) 341-9259 realtordavehigh@gmail.com Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,422

Year Built

  • Built in 1910

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 21x85x21x85
  • Corner Lot
  • Property is in good condition

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof
  • Metal Roof

Interior Spaces

  • 2,800 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • City Views
  • Fire Escape
  • Gas Oven or Range

Flooring

  • Laminate
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Exterior Basement Entry

Parking

  • Public Parking
  • On-Street Parking

Outdoor Features

  • Balcony
  • Deck

Schools

  • Mccaskey High School

Utilities

  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for gas, heat, sewer, water, trash collection
  • Assessor Parcel Number 336-11856-0-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 3-Story Building

Building Details

  • Rent Control
  • Income includes apartment rentals, shop rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,422

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator, Oven/Range - Electric
  • Flooring Type: Laminated, Vinyl
  • Interior Amenities: Ceiling Fan(s), Crown Moldings, Store/Office
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Outside Entrance, Unfinished, Walkout Stairs
  • Total Sq Ft: 2800
  • Living Area Sq Ft: 2800
  • Price Per Sq Ft: 92.82
  • Above Grade Finished Sq Ft: 2800
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Fire Escape, Sidewalks, Street Lights
  • Roof: Composite, Shingle, Asphalt, Metal
  • Spa: No
  • View: City, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Public
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ceiling Fan(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • High School Source: Listing Agent
  • School District Source: 3rd Party
  • High School: MCCASKEY H.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 49400.00
  • Land Assessed Value: 20800.00
  • Lot Features: Corner
  • Lot Size Acres: 0.04
  • Lot Dimensions: 21x85x21x85
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Outdoor Living Structures: Balcony, Deck(s)
  • Property Condition: Good
  • Zoning: RESIDENTIAL & COMMERCIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 5
  • Owner Pays: Gas, Heat, Sewer, Water, Trash Collection
  • Rent Control: Yes
  • Total Actual Rent: 2725.00
  • Units Leased Count: 5
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4060142
  • School Tax: 3310.00
  • Tax Annual Amount: 5422.00
  • Assessor Parcel Number: 336-11856-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Multi Family

  • Income Includes: Apartment Rentals, Shop Rentals
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2018
Closed on
Jul 10, 2018
Sold by
Kauffman Richard L and Kauffman Mildred P
Bought by
Boco Enterprise Llc
Seller's Agent
Nathan Mountain
Mountain Realty ERA Powered
Buyer's Agent
David High
Coldwell Banker Realty
List Price
$259,900
Sold Price
$245,000
Premium/Discount to List
-$14,900
-5.73%
Current Estimated Value
$479,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,387
Avg. Annual Appreciation
9.34%
Original Mortgage
$196,000
Outstanding Balance
$169,863
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$309,524

Purchase Details

Closed on
Jun 30, 2005
Sold by
Petersheim Monroe Lee
Bought by
Kauffman Richard L and Kauffman Mildred P

Purchase Details

Closed on
Feb 25, 2002
Sold by
Sambunaris Angelo and Sambunaris Victoria L
Bought by
Petersheim Monroe Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.25%
Mortgage Type
Commercial
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
Boco Enterprise Llc $245,000 Title Services
Kauffman Richard L $128,000 --
Petersheim Monroe Lee $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boco Enterprise Llc $196,000
Previous Owner Petersheim Monroe Lee $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2018 07/10/18 Sold $245,000 -5.7% $88 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
03/27/2018 03/27/18 For Sale $259,900 -- $93 / 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 $6,141 $155,200 $35,600 $119,600
2024 $6,141 $155,200 $35,600 $119,600
2023 $6,038 $155,200 $35,600 $119,600
2022 $5,787 $155,200 $35,600 $119,600
2021 $5,662 $155,200 $35,600 $119,600
2020 $5,662 $155,200 $35,600 $119,600
2019 $5,578 $155,200 $35,600 $119,600
2018 $3,310 $155,200 $35,600 $119,600
2017 $3,224 $70,200 $20,800 $49,400
2016 $3,195 $70,200 $20,800 $49,400
2015 $1,246 $70,200 $20,800 $49,400
2014 $2,788 $70,200 $20,800 $49,400
Source: Public Records

Agents Affiliated with this Home

  • Nathan Mountain

    Seller's Agent in 2018

    Nathan Mountain

    Mountain Realty ERA Powered

    (717) 572-7423

    105 Total Sales

    Nathan Mountain
    Section Image
  • David High

    Buyer's Agent in 2018

    David High

    Coldwell Banker Realty

    (717) 341-9259

    87 Total Sales

    David High
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000312844

Bright MLS

APN: 336-11856-0-0000

Pennsylvania Lancaster County Lancaster 17602 Ross

302 E New St, Lancaster, PA

Not Listed for Sale

MultiFamily

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