NOT LISTED FOR SALE

314 S Queen St Lancaster, PA 17603

Southside Lancaster Neighborhood

Estimated Value: $498,000

-- Bed
-- Bath
2,062 Sq Ft
$242/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $435,000 $211 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,408/month

21 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Doors swing in
  • Traditional Architecture
  • Level Entry For Accessibility
  • 4-minute walk to Culliton Park

About This Home

As of October 2023

Prime investment opportunity in downtown Lancaster! 5 spacious units, all currently rented. Convenient location and well maintained. Newer roof with little back yard. Tenants pay heat. Don't miss this opportunity, price is right!

Last Agent to Sell the Property

Jake Fisher

(717) 587-2481 jake@hostetterrealty.com Hostetter Realty License #RS325195 Listed on: 08/21/2023

Last Buyer's Agent

Benuel Esh

(717) 553-2500 benuelesh@kw.com Keller Williams Elite License #RS329980

Keller Williams Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,126

Year Built

  • Built in 1800

Lot Details

  • 3,049 Sq Ft Lot
  • Back Yard
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Plaster Walls
  • Asphalt Roof
  • Rubber Roof

Interior Spaces

  • Replacement Windows
  • Insulated Doors
  • Stove

Flooring

  • Wood
  • Carpet

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Accessible Home Design

  • Doors swing in
  • Level Entry For Accessibility

Outdoor Features

  • Deck
  • Playground

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for sewer, real estate taxes, trash collection, water
  • Assessor Parcel Number 334-11000-0-0000

Community Details

Overview

  • 4 Units
  • 3-Story Building

Building Details

  • Rent Control
  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,126

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Accessibility Features: Doors - Swing In, Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: all tenant personal items
  • Inclusions: all seller owned appliances
  • New Construction: No
  • Year Built: 1800
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Refrigerator, Stove
  • Flooring Type: Carpet, Hardwood
  • Window Features: Replacement
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Foundation Details: Other
  • Total Sq Ft: 3098
  • Living Area Sq Ft: 2062
  • Price Per Sq Ft: 227.93
  • Above Grade Finished Sq Ft: 2062
  • Below Grade Sq Ft: 1036
  • Total Below Grade Sq Ft: 1036
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Fire Escape, Sidewalks, Street Lights, Play Area
  • Road Surface Type: Black Top
  • Roof: Asphalt, Rubber
  • 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
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Internet Services: DSL, Fiber Optic

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Rear Yard
  • Lot Size Acres: 0.07
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Owner Pays: Sewer, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: Yes
  • Total Actual Rent: 55788.00
  • Units Leased Count: 5
  • Vacation Rental: No

Tax Info

  • School Tax: 6078.00
  • Tax Annual Amount: 10126.00
  • Assessor Parcel Number: 334-11000-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

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

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

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

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2023 10/30/23 Sold $435,000 -7.4% $211 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
08/21/2023 08/21/23 For Sale $470,000 -- $228 / 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 $9,465 $239,200 $71,900 $167,300
2024 $9,465 $239,200 $71,900 $167,300
2023 $9,306 $239,200 $71,900 $167,300
2022 $8,918 $239,200 $71,900 $167,300
2021 $8,727 $239,200 $71,900 $167,300
2020 $8,727 $239,200 $71,900 $167,300
2019 $8,596 $239,200 $71,900 $167,300
2018 $5,102 $239,200 $71,900 $167,300
2017 $6,141 $133,700 $25,200 $108,500
2016 $6,085 $133,700 $25,200 $108,500
2015 $2,374 $133,700 $25,200 $108,500
2014 $5,310 $133,700 $25,200 $108,500
Source: Public Records

Agents Affiliated with this Home

  • Jake Fisher

    Seller's Agent in 2023

    Jake Fisher

    Hostetter Realty

    (717) 587-2481

    1 in this area

    207 Total Sales

    Jake Fisher
    Section Image
  • Benuel Esh

    Buyer's Agent in 2023

    Benuel Esh

    Keller Williams Elite

    (717) 553-2500

    13 in this area

    232 Total Sales

    Benuel Esh
    Section Image
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Map

Source: Bright MLS

MLS Number: PALA2039628

Bright MLS

APN: 339-48876-0-0000

Pennsylvania Lancaster County Lancaster 17602 Southside Lancaster

314 S Queen St, Lancaster, PA

Not Listed for Sale

MultiFamily

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