NOT LISTED FOR SALE

Estimated Value: $162,000 - $204,049

-- Bed
2 Baths
2,364 Sq Ft
$77/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $295,000 $125 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $1,193/month

7 Days on Market

Highlights

  • Wood Flooring
  • Oversized Parking
  • Patio
  • 2 Car Detached Garage
  • Paneling
  • Hot Water Heating System

About This Home

As of March 2024

Outstanding Duplex investment opportunity! This classic two home property with oversized 2-car garage/shop is a "keeper" and is finally available after 60 years in the family! Boasting a 2 Bed with 1.5 bath at 129 and 3 Bed with 1 bath at 131, this duplex is 2,364 ft of mostly refinished hardwood, interior French Doors, classic "roaring 20's" open stair and newel post charm as well as conveniently separate utilities; having once been two separately deeded homes. Home was likely built in 1920s but tax record says 1955. Extra paved parking lot for 4 cars in the rear accessed from quiet Hoffer Way is a bonus along with its two car garage with spacious integrated shop! It's no wonder it has long term tenants in place as this home was the owners family residence for many years. Tenants would like to stay. Projected rents 1100 and 1500

Last Listed By

James Sherer

Kingsway Realty - Lancaster Listed on: 01/26/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,431

Year Built

  • Built in 1925

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot
  • Back Yard
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • 4 Off-Street Spaces
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Parking Lot

Home Design

  • Duplex
  • Side-by-Side
  • Stone Foundation
  • Poured Concrete
  • Aluminum Siding
  • Stick Built Home

Interior Spaces

  • 2,364 Sq Ft Home
  • Paneling
  • Basement

Flooring

  • Wood
  • Vinyl

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Hot Water Heating System
  • Oil Water Heater

Additional Features

  • Patio
  • Suburban Location

Community Details

  • 2 Units
  • Income includes apartment rentals

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 400-08519-0-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,431

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Outstanding Duplex investment opportunity! This classic two home property with oversized 2-car garage/shop is a "keeper" and is finally available after 60 years in the family! Boasting a 2 Bed with 1.5 bath at 129 and 3 Bed with 1 bath at 131, this duplex is 2,364 ft of mostly refinished hardwood, interior French Doors, classic "roaring 20's" open stair and newel post charm as well as conveniently separate utilities; having once been two separately deeded homes. Home was likely built in 1920s but tax record says 1955. Extra paved parking lot for 4 cars in the rear accessed from quiet Hoffer Way is a bonus along with its two car garage with spacious integrated shop! It's no wonder it has long term tenants in place as this home was the owners family residence for many years. Tenants would like to stay. Projected rents 1100 and 1500
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood, Vinyl
  • Fireplace: No
  • Wall Ceiling Types: Paneled Walls
  • Foundation Details: Stone
  • Room Count: 15
  • Basement: Yes
  • Basement Type: Poured Concrete
  • Total Sq Ft: 2364
  • Living Area Sq Ft: 2364
  • Price Per Sq Ft: 128.98
  • Above Grade Finished Sq Ft: 2364
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 129

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Aluminum Siding, Stick Built
  • Road Surface Type: Alley, Paved
  • Roof: Unknown
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage, Off Street, Parking Lot
  • Off Street Parking Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Radiator, Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: MANHEIM CENTRAL
  • School District Key: 300200397379
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 114
  • Lot Features: Level, Rear Yard
  • Lot Size Acres: 0.14
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Owner Pays: Sewer, Trash Collection, Water
  • Total Actual Rent: 20400.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 2950.00
  • Tax Annual Amount: 4431.00
  • Assessor Parcel Number: 400-08519-0-0000
  • Tax Total Finished Sq Ft: 2364
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/08/2024

Multi Family

  • Gross Income: 20400.00
  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: MANHEIM CENTRAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2019
Sold by
Hill Jesse
Bought by
Clark Elizabeth C
Total Days on Market
7
Current Estimated Value
$181,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2002
Sold by
Walsh Sharon M
Bought by
Gmac Mtg Corp

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
Clark Elizabeth C $100,000 None Available
Gmac Mtg Corp $2,287 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Elizabeth C $74,000
Closed Clark Elizabeth C $75,000
Previous Owner Hill Jesse W $147,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $295,000 -3.2% $125 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $304,900 -- $129 / 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
2024 $2,164 $89,800 $32,800 $57,000
2023 $2,057 $89,800 $32,800 $57,000
2022 $2,057 $89,800 $32,800 $57,000
2021 $1,995 $89,800 $32,800 $57,000
2020 $1,995 $89,800 $32,800 $57,000
2019 $1,965 $89,800 $32,800 $57,000
2018 $1,287 $89,800 $32,800 $57,000
2017 $1,814 $66,300 $28,500 $37,800
2016 $1,761 $66,300 $28,500 $37,800
2015 $582 $66,300 $28,500 $37,800
2014 $1,139 $66,300 $28,500 $37,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2046192

Bright MLS

APN: 400-53455-0-0000