NOT LISTED FOR SALE

Estimated Value: $283,000 - $382,013

Studio
2 Baths
3,051 Sq Ft
$106/Sq Ft Est. Value

Last Sold September 15, 2017

Last sale price $83,000 $27 Per Sq Ft

Est. 288% increase in value since last sale

Current estimated payment $2,057/month

1 Day on Market

About This Home

As of September 2017

Come and get it! Why not invest in this 2 unit close to the square in Lancaster City. The tenants have been in this property since 2011, some replacement windows, motivated seller, here is your chance!

Last Agent to Sell the Property

Carole Kirchner

(717) 629-8498 carole@caroleschoicehomes.com Berkshire Hathaway HomeServices Homesale Realty License #RS163192A Listed on: 08/16/2017

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Joel Leaman

(717) 560-8496 jleaman@homesale.com Berkshire Hathaway HomeServices Homesale Realty

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 19x143
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Poured Concrete
  • Slate Roof
  • Metal Roof

Basement

  • Basement Fills Entire Space Under The House

Schools

  • Mccaskey Campus High School

Utilities

  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for heat, hot water, electricity
  • Assessor Parcel Number 3327919200000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lancaster Subdivision

Building Details

  • Income includes apartment rentals
  • Insurance Expense $900
  • Other Expense $100
  • Trash Expense $480
  • Operating Expense $2,880
  • Net Operating Income $8,188

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Other Expense: 100.00
  • Storage: Basement
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Full

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Roof: Metal, Slate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1400.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: MCCASKEY CAMPUS

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 19x143
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Heat, Hot Water, Electricity
  • Vacation Rental: No

Tax Info

  • School Tax: 2757.86
  • Tax Annual Amount: 4531.74
  • Assessor Parcel Number: 3327919200000
  • County Tax Payment Frequency: Annually

Multi Family

  • Gross Income: 15600.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 2880.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2017
Closed on
Sep 15, 2017
Sold by
Laurelwood Development Llc
Bought by
King Street 300 Lp
Seller's Agent
Carole Kirchner
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Joel Leaman
Berkshire Hathaway HomeServices Homesale Realty
List Price
$83,000
Sold Price
$83,000
Current Estimated Value
$322,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,253
Avg. Annual Appreciation
17.73%

Purchase Details

Closed on
Feb 3, 1999
Sold by
Connors Kathleen A
Bought by
Cotto Israel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,936
Interest Rate
6.74%
Source: Public Records
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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
King Street 300 Lp $83,000 None Available
Cotto Israel $49,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cotto Israel $44,936
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2017 09/15/17 Sold $83,000 0.0% $27 / Sq Ft
08/17/2017 08/17/17 Pending -- -- --
08/16/2017 08/16/17 For Sale $83,000 -- $27 / 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 $4,467 $112,900 $36,800 $76,100
2024 $4,467 $112,900 $36,800 $76,100
2023 $4,392 $112,900 $36,800 $76,100
2022 $4,209 $112,900 $36,800 $76,100
2021 $4,119 $112,900 $36,800 $76,100
2020 $4,119 $112,900 $36,800 $76,100
2019 $2,983 $83,000 $36,800 $46,200
2018 $8,595 $205,300 $36,800 $168,500
2016 $4,442 $97,600 $21,700 $75,900
2015 $1,733 $97,600 $21,700 $75,900
2014 $3,877 $97,600 $21,700 $75,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002741579

Bright MLS

APN: 332-79192-0-0000