318 W Lemon St Lancaster, PA 17603
Chestnut Hill Neighborhood
--
Bed
--
Bath
1,938
Sq Ft
871
Sq Ft Lot
Highlights
- Wood Flooring
- Hot Water Heating System
- 2-minute walk to Mayor Janice C Stork Corridor Park
About This Home
As of September 2024Welcome 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
Coldwell Banker Realty License #RS368946 Listed on: 08/08/2024
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
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
Coldwell Banker Realty
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%
Views
42
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,029
Avg. Annual Appreciation
-0.80%
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
Similar Homes in Lancaster, PA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
C
Seller's Agent in 2024
Courtney Allmond
Coldwell Banker Realty
-
C
Buyer's Agent in 2024
Chuck Honabach
Realty ONE Group Unlimited
-
d
Seller's Agent in 2019
dan diller
Dan Diller, Realtors
-
H
Buyer's Agent in 2019
Heather Mellinger
Iron Valley Real Estate of Lancaster
Map
Source: Bright MLS
MLS Number: PALA2054474
APN: 339-01914-0-0000
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