$365,000
SOLD SEP 12, 2024
-- Bed
-- Bath
1,938 Sq Ft
871 Sq Ft Lot

Recently Sold

$188 Per Sq Ft

3% Below List Price

7 Days on Market

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • 2-minute walk to Mayor Janice C Stork Corridor Park

About This Home

As of September 2024

Welcome to 318 W Lemon Street—a beautifully renovated duplex nestled in Lancaster City's vibrant West End neighborhood. This prime location is just steps away from Corridor Park, Lemon Street Market, Mandros Imported Foods, Dog Star Books, West End Market, Luca Italian Kitchen and many others offering an array of dining, shopping, and entertainment options.

Both units of this property have undergone major updates including modern flooring, lighting, bathroom renovations, kitchen renovations, and exterior porches. The first unit is currently leased to a reliable tenant at $1,150 per month plus utilities, with a new one-year lease just signed. The second unit, boasting 3 bedrooms, rents for $1,700 per month plus utilities. Each unit features beautiful original hardwood flooring, high ceilings, and ample natural light, complemented by outdoor spaces with scenic views of Chestnut Hill.

This duplex is ideal for both investors seeking a profitable rental opportunity and homeowners looking to offset their mortgage with rental income. With its low maintenance requirements and high rental demand, 318 W Lemon Street is a wonderful opportunity to own a piece of Lancaster history!

Schedule a showing today!

Last Agent to Sell the Property

Courtney Allmond

Realty ONE Group Unlimited License #RS368946 Listed on: 08/08/2024

Realty ONE Group Unlimited

Last Buyer's Agent

Chuck Honabach

Realty ONE Group Unlimited

Realty ONE Group Unlimited

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,318

Year Built

  • Built in 1900 | Remodeled in 2020

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Converted Dwelling
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof
  • Slate Roof
  • Masonry
  • Stucco

Interior Spaces

  • 1,938 Sq Ft Home
  • Partial Basement

Flooring

  • Wood
  • Ceramic Tile

Schools

  • Mccaskey Campus High School

Utilities

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

Additional Features

  • 871 Sq Ft Lot
  • Urban Location

Community Details

  • 2 Units
  • Chestnut Hill Subdivision

Listing and Financial Details

  • The owner pays for water, sewer, trash collection
  • Assessor Parcel Number 339-01914-0-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,318

Year Built

Built in 1900 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Exclusions: Tenant belongings
  • Historic: No
  • Inclusions: Appliances, fixtures
  • New Construction: No
  • Expected On Market: 2024-08-08
  • Year Built: 1900
  • Year Renovated: 2020
  • Automatically Close On Close Date: Yes
  • Remarks Public: Welcome to 318 W Lemon Street—a beautifully renovated duplex nestled in Lancaster City's vibrant West End neighborhood. This prime location is just steps away from Corridor Park, Lemon Street Market, Mandros Imported Foods, Dog Star Books, West End Market, Luca Italian Kitchen and many others offering an array of dining, shopping, and entertainment options. Both units of this property have undergone major updates including modern flooring, lighting, bathroom renovations, kitchen renovations, and exterior porches. The first unit is currently leased to a reliable tenant at $1,150 per month plus utilities, with a new one-year lease just signed. The second unit, boasting 3 bedrooms, rents for $1,700 per month plus utilities. Each unit features beautiful original hardwood flooring, high ceilings, and ample natural light, complemented by outdoor spaces with scenic views of Chestnut Hill. This duplex is ideal for both investors seeking a profitable rental opportunity and homeowners looking to offset their mortgage with rental income. With its low maintenance requirements and high rental demand, 318 W Lemon Street is a wonderful opportunity to own a piece of Lancaster history! Schedule a showing today!
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood, Ceramic Tile
  • Fireplace: No
  • Foundation Details: Stone
  • Room Count: 8
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1938
  • Living Area Sq Ft: 1938
  • Price Per Sq Ft: 193.50
  • Above Grade Finished Sq Ft: 1938
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 318

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Masonry, Stucco
  • Exterior Features: Sidewalks
  • Roof: Flat, Shingle, Slate
  • Spa: No
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • High School: MCCASKEY CAMPUS
  • High School Source: Listing Agent
  • School District Key: 300200397286
  • School District Source: Listing Agent
  • High School: MCCASKEY CAMPUS

Lot Info

  • Land Use Code: 114
  • Lot Size Acres: 0.02
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 871.00
  • Year Assessed: 2024
  • Zoning: RESIDENTIAL MULTI-FAMILY

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Water, Sewer, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 34200.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5318.00
  • Assessor Parcel Number: 339-01914-0-0000
  • Tax Total Finished Sq Ft: 1938
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 09/12/2024

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Sep 12, 2024
Sold by
Allmond Courtney and Ehlert Dylan Bradley
Bought by
Sunshine Horizon Limited Llc
Seller's Agent
Courtney Allmond
Realty ONE Group Unlimited
Buyer's Agent
Chuck Honabach
Realty ONE Group Unlimited
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%
Total Days on Market
7
Views
42
Current Estimated Value
$362,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,512
Avg. Annual Appreciation
-1.35%

Purchase Details

Listed on
Jun 18, 2019
Closed on
Nov 25, 2019
Sold by
Perciful Eileen
Bought by
Allmond Courtney and Ehlert Dylan Bradley
Seller's Agent
dan diller
Dan Diller, Realtors
Buyer's Agent
Heather Mellinger
Iron Valley Real Estate of Lancaster
List Price
$165,900
Sold Price
$160,000
Premium/Discount to List
-$5,900
-3.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.83%
Original Mortgage
$136,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Source: Public Records

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 Type Sale Price Title Company
Deed $352,500 None Listed On Document
Deed $160,000 T A Of Central Pa Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $120,000 Credit Line Revolving
Previous Owner $41,226 Future Advance Clause Open End Mortgage
Previous Owner $136,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2024 09/12/24 Sold $365,000 -2.7% $188 / Sq Ft
08/16/2024 08/16/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $375,000 +134.4% $193 / Sq Ft
12/02/2019 12/02/19 Sold $160,000 -3.6% $83 / Sq Ft
11/01/2019 11/01/19 Pending -- -- --
06/19/2019 06/19/19 For Sale $165,900 +3.7% $86 / Sq Ft
06/19/2019 06/19/19 Off Market $160,000 -- --
06/18/2019 06/18/19 For Sale $165,900 -- $86 / 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 $5,263 $133,000 $20,700 $112,300
2023 $5,174 $133,000 $20,700 $112,300
2022 $4,959 $133,000 $20,700 $112,300
2021 $4,852 $133,000 $20,700 $112,300
2020 $4,852 $133,000 $20,700 $112,300
2016 $3,732 $82,000 $17,800 $64,200
2015 $1,456 $82,000 $17,800 $64,200
2014 -- $82,000 $17,800 $64,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2054474

Bright MLS

APN: 339-01914-0-0000