NOT LISTED FOR SALE

Estimated Value: $254,000 - $337,000

Studio
2 Baths
2,048 Sq Ft
$144/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $207,000 $101 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,984/month

46 Days on Market

Highlights

  • City View
  • Eat-In Kitchen
  • Tile or Brick Flooring
  • Colonial Architecture
  • Doors swing in
  • 3-minute walk to Reservior Park

About This Home

As of August 2022

Live Free in this 2 bedroom apt. on the 1st floor when you receive rent from 2nd floor or could be$30000.00
Rent a year. New, Improved and Reduced, because the 1st floor has New carpet and paint, Improved
because the entire property was brought up to City Code and Both Units passed Lead Paint inspection and
Reduced to $213,900 even thought there is a current appraisal of $215000 on the property.

Last Agent to Sell the Property

Edgar Wright

(717) 823-2083 edgarmwright@comcast.net Edgar M. Wright, Realtor Listed on: 05/13/2022

Last Buyer's Agent

Heather Mellinger

(717) 371-7616 hdmellinger@gmail.com Iron Valley Real Estate of Lancaster License #RS315276

Iron Valley Real Estate of Lancaster

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,996

Year Built

  • Built in 1900 | Remodeled in 2022

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 20 x 125
  • Infill Lot
  • Level Lot
  • Back and Front Yard
  • Property is in good condition

Parking

  • On-Street Parking

Property Views

  • City
  • Park or Greenbelt

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Plaster Walls
  • Rubber Roof
  • Masonry

Interior Spaces

  • 2,048 Sq Ft Home
  • Basement
  • Rear Basement Entry

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Flooring

  • Carpet
  • Tile or Brick
  • Vinyl

Accessible Home Design

  • Doors swing in

Schools

  • Wickersham Elementary School
  • Lincoln Middle School
  • Mccaskey Campus High School

Utilities

  • Radiator
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • The owner pays for electricity
  • Assessor Parcel Number 332-05532-0-0000

Community Details

Overview

  • 2 Units
  • 3-Story Building

Building Details

  • 1 Vacant Unit
  • Insurance Expense $694
  • Other Expense $160
  • Trash Expense $272
  • Operating Expense $6,222
  • Net Operating Income $12,978

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,996

Year Built

Built in 1900 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Accessibility Features: Doors - Swing In
  • Ownership: Fee Simple
  • Exclusions: washer & dryer
  • Home Warranty: No
  • Inclusions: 2 ranges 1 refridgerator
  • New Construction: No
  • Other Expense: 160.00
  • Year Built: 1900
  • Year Renovated: 2022
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: NewHome

Interior Features

  • Appliances: Oven/Range - Electric, Oven/Range - Gas
  • Flooring Type: Carpet, Vinyl, Tile/Brick
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Rear Entrance
  • Total Sq Ft: 2048
  • Living Area Sq Ft: 2048
  • Price Per Sq Ft: 104.44
  • Above Grade Finished Sq Ft: 2048
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Masonry
  • Exterior Features: Sidewalks, Street Lights
  • Road Surface Type: Black Top
  • Roof: Rubber
  • Spa: No
  • View: Park/Greenbelt, City
  • 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

  • Refuse: 576.00
  • Central Air Conditioning: No
  • Previous Twelve Months Electric Expense: 384.00
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Natural Gas Available, Electric Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: WICKERSHAM E.S.
  • High School: MCCASKEY CAMPUS
  • Middle Or Junior School: LINCOLN M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Features: Front Yard, Level, Rear Yard
  • Lot Size Acres: 0.04
  • Lot Dimensions: 20 x 125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Good
  • Soil Types: Clay
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Electricity
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 19200.00
  • Operating Expense: 6222.00

Tax Info

  • Assessor Parcel Number: 4056178
  • Tax Annual Amount: 4996.00
  • Assessor Parcel Number: 332-05532-0-0000
  • Tax Year: 2022

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Aug 22, 2022
Sold by
Wright Edgar M
Bought by
Williams Shannon
Seller's Agent
Edgar Wright
Edgar M. Wright, Realtor
Buyer's Agent
Heather Mellinger
Iron Valley Real Estate of Lancaster
List Price
$213,900
Sold Price
$207,000
Premium/Discount to List
-$6,900
-3.23%
Current Estimated Value
$294,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,863
Avg. Annual Appreciation
11.07%
Original Mortgage
$207,000
Outstanding Balance
$197,568
Interest Rate
5.3%
Mortgage Type
VA
Estimated Equity
$97,296

Purchase Details

Listed on
Jun 27, 2021
Closed on
Sep 30, 2021
Sold by
Bauknight Dean S and Bauknight Rebecca J
Bought by
Wright Edgar M
Seller's Agent
Douglas Snavely
Linderman Snavely Realtors LLC
Buyer's Agent
Edgar Wright
Edgar M. Wright, Realtor
List Price
$159,931
Sold Price
$152,000
Premium/Discount to List
-$7,931
-4.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.48%

Purchase Details

Closed on
May 12, 2008
Sold by
Robinson Susan L
Bought by
Bauknight Dean S and Bauknight Rebecca J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,300
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2002
Sold by
Giambalvo Joseph F
Bought by
Drobina Valentina and Drobina Pavel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,700
Interest Rate
7.05%
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
Williams Shannon $207,000 None Listed On Document
Wright Edgar M $152,000 Abstract Assc Of Lancaster I
Bauknight Dean S $87,000 None Available
Drobina Valentina $43,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Shannon $207,000
Previous Owner Bauknight Dean S $78,300
Previous Owner Drobina Valentina $38,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2022 08/22/22 Sold $207,000 -3.2% $101 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $213,900 +3.3% $104 / Sq Ft
06/20/2022 06/20/22 Off Market $207,000 -- --
06/11/2022 06/11/22 Pending -- -- --
06/05/2022 06/05/22 Price Changed $213,900 -0.5% $104 / Sq Ft
05/13/2022 05/13/22 For Sale $215,000 +41.4% $105 / Sq Ft
09/30/2021 09/30/21 Sold $152,000 -5.0% $74 / Sq Ft View Prior Sale
09/01/2021 09/01/21 Pending -- -- --
08/27/2021 08/27/21 Price Changed $159,931 0.0% $78 / Sq Ft
08/27/2021 08/27/21 For Sale $159,931 -8.6% $78 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
06/27/2021 06/27/21 For Sale $174,931 -- $85 / 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 $5,302 $134,000 $23,700 $110,300
2024 $5,302 $134,000 $23,700 $110,300
2023 $5,213 $134,000 $23,700 $110,300
2022 $4,996 $134,000 $23,700 $110,300
2021 $4,889 $134,000 $23,700 $110,300
2020 $4,889 $134,000 $23,700 $110,300
2019 $4,816 $134,000 $23,700 $110,300
2018 $5,610 $134,000 $23,700 $110,300
2017 $3,105 $67,600 $14,300 $53,300
2016 $3,077 $67,600 $14,300 $53,300
2015 $1,200 $67,600 $14,300 $53,300
2014 $2,685 $67,600 $14,300 $53,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2018176

Bright MLS

APN: 332-05532-0-0000