NOT LISTED FOR SALE

Estimated Value: $243,000 - $267,203

-- Bed
2 Baths
1,880 Sq Ft
$136/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $101,000 $54 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $1,657/month

284 Days on Market

About This Home

As of May 2016

2 residential rentals and 1 commercial space, excellent opportunity to build wealth. Great investment property. Owner will consider 20% financing on a second mortgage with qualified buyer.

Last Agent to Sell the Property

Dave Miller

(717) 951-0201 dave@realstreetpro.com Hometowne Realty Professionals LLC Listed on: 04/14/2015

Last Buyer's Agent

Annie Kerekgyarto

(717) 333-1595 annie@rileyrealestateinc.com Life Changes Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,361

Year Built

  • Built in 1880

Lot Details

  • 1,742 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Poured Concrete

Attic

  • Storage In Attic

Partially Finished Basement

  • Walk-Out Basement
  • Partial Basement

Schools

  • Mccaskey Campus High School

Utilities

  • Radiator
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 3337394400000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Lancaster Subdivision

Building Details

  • Income includes apartment rentals, professional offices
  • Electric Expense $1,333
  • Fuel Expense $2,180
  • Manager Expense $2,389
  • Trash Expense $420
  • Operating Expense $7,092
  • Net Operating Income $11,971

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,361

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Storage: Attic, Basement
  • Year Built: 1880
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Partial, Partially Finished, Walkout Level

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Unknown
  • 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 Expense: 1333.00
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 770.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Professional Management Expense: 2389.00

Schools

  • High School: MCCASKEY CAMPUS

Lot Info

  • Lot Size Acres: 0.04
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4057513
  • School Tax: 1428.67
  • Tax Annual Amount: 2360.80
  • Assessor Parcel Number: 3337394400000
  • County Tax Payment Frequency: Annually

Multi Family

  • Fuel Expense: 2180.00
  • Gross Income: 21396.00
  • Income Includes: Apartment Rentals, Professional Offices
  • Operating Expense: 7092.00
  • 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
Apr 14, 2015
Closed on
May 13, 2016
Sold by
Lapp Jay Matthew
Bought by
Hongvanthong Sisavath O
Seller's Agent
Dave Miller
Hometowne Realty Professionals LLC
Buyer's Agent
Annie Kerekgyarto
Life Changes Realty Group
List Price
$114,900
Sold Price
$101,000
Premium/Discount to List
-$13,900
-12.1%
Current Estimated Value
$255,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,801
Avg. Annual Appreciation
10.20%
Original Mortgage
$75,750
Outstanding Balance
$60,400
Interest Rate
3.71%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$195,401

Purchase Details

Listed on
Jan 29, 2014
Closed on
May 8, 2014
Sold by
Smucker Mervin Beiler and Smucker Fannie Sue
Bought by
Lapp Jay Matthew
Seller's Agent
Ron Shepherd
Iron Valley Real Estate of Lancaster
Buyer's Agent
Dave Miller
Hometowne Realty Professionals LLC
List Price
$109,900
Sold Price
$95,000
Premium/Discount to List
-$14,900
-13.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.08%

Purchase Details

Closed on
Sep 15, 2010
Sold by
Colon Daniel
Bought by
Smucker Mervin Beiler and Smucker Fannie Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Interest Rate
4.51%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 28, 2005
Sold by
Colon Juan
Bought by
Colon Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hongvanthong Sisavath O $101,000 None Available
Lapp Jay Matthew $95,000 None Available
Smucker Mervin Beiler $93,000 None Available
Colon Daniel $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hongvanthong Sisavath O $75,750
Previous Owner Smucker Mervin Beiler $74,400
Previous Owner Colon Daniel $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2016 05/13/16 Sold $101,000 -12.1% $54 / Sq Ft
01/23/2016 01/23/16 Pending -- -- --
04/14/2015 04/14/15 For Sale $114,900 +20.9% $61 / Sq Ft
05/08/2014 05/08/14 Sold $95,000 -13.6% $51 / Sq Ft View Prior Sale
04/25/2014 04/25/14 Pending -- -- --
01/29/2014 01/29/14 For Sale $109,900 -- $58 / 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 $3,731 $94,300 $12,500 $81,800
2024 $3,731 $94,300 $12,500 $81,800
2023 $3,669 $94,300 $12,500 $81,800
2022 $3,516 $94,300 $12,500 $81,800
2021 $3,440 $94,300 $12,500 $81,800
2020 $3,440 $94,300 $12,500 $81,800
2019 $3,389 $94,300 $12,500 $81,800
2018 $2,011 $94,300 $12,500 $81,800
2017 $2,411 $52,500 $7,100 $45,400
2016 $2,389 $52,500 $7,100 $45,400
2015 $932 $52,500 $7,100 $45,400
2014 $2,085 $52,500 $7,100 $45,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002735385

Bright MLS

APN: 333-73944-0-0000