NOT LISTED FOR SALE

304 E Newport Rd Lititz, PA 17543

Estimated Value: $606,000 - $707,000

5 Beds
5 Baths
4,380 Sq Ft
$153/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $450,000 $103 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,291/month

225 Days on Market

Highlights

  • 1.4 Acre Lot
  • Wood Flooring
  • No HOA
  • Traditional Architecture
  • Attic
  • Breakfast Room

About This Home

As of September 2018

Fantastic opportunity to own one of the most established B&B in Lititz, Lancaster County Pa. Features 3 guest rooms with individual baths, one 2 bedroom suite and all the touches of home. One side of the building is currently used as the owner's quarter and could be changed to additional rooms if desired.The building was one of the original properties in Lititz area and has been part of Lititz since 1733 when Jacob Huber obtained the land from William Penn's sons after he built this as a tavern. In 1742 it was visited by Count Zinzendorf the founder of the modern Moravian Church. This is living history and your chance to own this wonderful Bed and Breakfast. Fully furnished turn-key property is available now for an early start to your 2018 B&B business.

Last Agent to Sell the Property

Russ Addie

Iron Valley Real Estate of Lancaster Listed on: 01/10/2018

Iron Valley Real Estate of Lancaster

Co-Listed By

James Dunn

Iron Valley Real Estate of Lancaster License #RS279560

Last Buyer's Agent

Mark Thudium

Berkshire Hathaway HomeServices Homesale Realty License #AB051040L

Berkshire Hathaway HomeServices Homesale Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,540

Year Built

  • Built in 1725

Lot Details

  • 1.4 Acre Lot
  • North Facing Home
  • Stone Retaining Walls
  • Extensive Hardscape
  • No Through Street
  • Irregular Lot
  • Property is in very good condition
  • Property is zoned COMMERCIAL / RETAIL, 500- Commercial / Retail511- Bed and Breakfast

Home Design

  • Traditional Architecture
  • Farmhouse Style Home
  • Plaster Walls
  • Wood Walls
  • Asphalt Roof
  • Rubber Roof
  • Masonry
  • Stucco

Interior Spaces

  • 4,380 Sq Ft Home
  • Property has 2.5 Levels
  • Built-In Features
  • Chair Railings
  • Brick Wall or Ceiling
  • Ceiling Fan
  • Triple Pane Windows
  • Replacement Windows
  • Vinyl Clad Windows
  • Window Treatments
  • Six Panel Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Formal Dining Room
  • Attic

Kitchen

  • Eat-In Country Kitchen
  • Breakfast Room
  • Built-In Double Oven
  • Electric Oven or Range
  • Stove
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Electric Dryer
  • Washer

Improved Basement

  • Partial Basement
  • Exterior Basement Entry
  • Shelving
  • Dirt Floor
  • Laundry in Basement

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Parking Lot
  • Off-Street Parking
  • Surface Parking

Schools

  • Warwick High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Heating System
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Phone Connected
  • Cable TV Available

Additional Features

  • Halls are 36 inches wide or more
  • Energy-Efficient Windows
  • Outbuilding

Community Details

  • No Home Owners Association
  • Lititz Subdivision

Listing and Financial Details

  • Assessor Parcel Number 600-49863-0-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,540

Year Built

Built in 1725

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk, Traditional
  • Accessibility Features: 36"+ Wide Halls
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1725
  • Remarks Public: Fantastic opportunity to own one of the most established B&B in Lititz, Lancaster County Pa. Features 3 guest rooms with individual baths, one 2 bedroom suite and all the touches of home. One side of the building is currently used as the owner's quarter and could be changed to additional rooms if desired.The building was one of the original properties in Lititz area and has been part of Lititz since 1733 when Jacob Huber obtained the land from William Penn's sons after he built this as a tavern. In 1742 it was visited by Count Zinzendorf the founder of the modern Moravian Church. This is living history and your chance to own this wonderful Bed and Breakfast. Fully furnished turn-key property is available now for an early start to your 2018 B&B business.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Oven - Double, Oven/Range - Electric, Oven - Wall, Refrigerator, Stove, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Hardwood, Tile/Brick, Vinyl, Wood
  • Interior Amenities: Attic, Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Chair Railings, Dining Area, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Country, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Stall Shower, Window Treatments, Wood Floors
  • Window Features: Energy Efficient, Replacement, Triple Pane, Vinyl Clad
  • Fireplace: No
  • Door Features: Six Panel
  • Wall Ceiling Types: Brick, Plaster Walls, Wood Walls
  • Floors In Unit Count: 2
  • Levels Count: 2.5
  • Room Count: 15
  • Room List: Dining Room, Family Room, Foyer, Breakfast Room, Bathroom 1
  • Basement: Yes
  • Basement Type: Partial, Dirt Floor, Improved, Outside Entrance, Shelving
  • Laundry Type: Basement, Upper Floor
  • Total Sq Ft: 4380
  • Living Area Sq Ft: 4380
  • Price Per Sq Ft: 113.81
  • Above Grade Finished Sq Ft: 4380
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 304

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 4

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco, Masonry
  • Access To Pool: No
  • Exterior Features: Extensive Hardscape, Outbuilding(s), Stone Retaining Walls
  • Road Surface Type: Paved
  • Roof: Asphalt, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 10
  • Parking Features: Surface
  • Parking Space Number Assigned: 10
  • Parking Spaces Total: 10.00
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Monthly Average Electric: 200
  • Previous Twelve Months Electric Expense: 2400.00
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Oil Prev12 Months: 3000.00
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Cable Tv Available, Electric Available, Phone, Phone Connected, Sewer Available, Water Available
  • Monthly Water Average: 50
  • Water Previous Twelve Months: 616.00
  • Water Source: Well, Private, Filter

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: WARWICK
  • High School: WARWICK
  • High School Source: Listing Agent
  • School District Key: 300200397376
  • School District Source: Listing Agent
  • High School: WARWICK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 386400.00
  • Land Assessed Value: 64800.00
  • Lot Features: No Thru Street, Irregular, Not In Development
  • Lot Size Acres: 1.40
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 60984.00
  • Property Condition: Good, Very Good
  • Year Assessed: 2018
  • Zoning: COMMERCIAL / RETAIL
  • Zoning Description: 500- Commercial / Retail511- Bed and Breakfast

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4148784
  • School Tax: 6326.00
  • Tax Annual Amount: 7540.00
  • Assessor Parcel Number: 600-49863-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 09/28/2018

MLS Schools

  • School District Name: WARWICK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2021
Sold by
The Avenue Guesthouse And Gallery Llc
Bought by
Weaver Robert and Dickhens Kristy
Current Estimated Value
$671,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Outstanding Balance
$241,497
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$430,151

Purchase Details

Listed on
Jan 10, 2018
Closed on
Sep 28, 2018
Sold by
Wenger Jay David and Wenger Kathleen S
Bought by
The Avenue Guesthouse And Gallery Llc
Seller's Agent
Russ Addie
Iron Valley Real Estate of Lancaster
Buyer's Agent
Mark Thudium
Berkshire Hathaway HomeServices Homesale Realty
List Price
$550,000
Sold Price
$450,000
Premium/Discount to List
-$100,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$360,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Weaver Robert $410,000 None Available
The Avenue Guesthouse And Gallery Llc $450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weaver Robert $328,000
Previous Owner The Avenue Guesthouse And Gallery Llc $360,000
Previous Owner Groff Dale R $140,000
Previous Owner Groff Dale R $20,000
Previous Owner Groff Dale R $40,000
Previous Owner Groff Dale R $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $450,000 -9.7% $103 / Sq Ft
08/23/2018 08/23/18 Pending -- -- --
05/25/2018 05/25/18 Price Changed $498,500 -9.4% $114 / Sq Ft
01/10/2018 01/10/18 For Sale $550,000 -- $126 / 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 $7,575 $386,400 $98,600 $287,800
2024 $7,575 $386,400 $98,600 $287,800
2023 $7,540 $386,400 $98,600 $287,800
2022 $7,540 $386,400 $98,600 $287,800
2021 $7,540 $386,400 $98,600 $287,800
2020 $7,540 $386,400 $98,600 $287,800
2019 $7,540 $386,400 $98,600 $287,800
2018 $6,326 $386,400 $98,600 $287,800
2017 $5,786 $233,700 $64,800 $168,900
2016 $5,785 $233,700 $64,800 $168,900
2015 $937 $230,700 $64,800 $165,900
2014 $4,547 $230,700 $64,800 $165,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000101640

Bright MLS

APN: 600-49863-0-0000