NOT LISTED FOR SALE

320 S Queen St Lancaster, PA 17603

Southside Lancaster Neighborhood

Estimated Value: $231,621 - $331,000

Studio
2 Baths
2,382 Sq Ft
$114/Sq Ft Est. Value

Last Sold March 15, 2012

Last sale price $67,500 $28 Per Sq Ft

Est. 304% increase in value since last sale

Current estimated payment $1,660/month

98 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 4-minute walk to Culliton Park

About This Home

As of March 2012

Solid brick 2-unit; tenants pay heat, good cash flow, expenses are actual not estimates.

Last Agent to Sell the Property

Bob Rose

(717) 560-9100 BobRoseRealtor@gmail.com Berkshire Hathaway HomeServices Homesale Realty Listed on: 10/07/2011

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Nathan Hykes

(717) 290-8182 homes@manorwestrealty.com Manor West Realty License #RS297571

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1870

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 23x151x21x151

Parking

  • On-Street Parking

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof

Basement

  • Basement Fills Entire Space Under The House

Schools

  • Carter And Macrae Elementary School
  • Mccaskey Campus High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for heat, electricity
  • Assessor Parcel Number 3340892100000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lancaster Subdivision

Building Details

  • Income includes apartment rentals
  • Insurance Expense $659
  • Other Expense $100
  • Trash Expense $520
  • Operating Expense $3,857
  • Net Operating Income $7,807

Property Details

Home Type

Multi-Family

Year Built

Built in 1870

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Other Expense: 100.00
  • Year Built: 1870
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Composite, Shingle
  • 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 Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1083.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • Elementary School: CARTER AND MACRAE
  • High School: MCCASKEY CAMPUS

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 23x151x21x151
  • Property Attached Yn: Yes
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Heat, Electricity
  • Vacation Rental: No

Tax Info

  • School Tax: 1313.89
  • Tax Annual Amount: 2136.15
  • Assessor Parcel Number: 3340892100000
  • County Tax Payment Frequency: Annually

Multi Family

  • Gross Income: 13800.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 3857.00
  • 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
Oct 7, 2011
Closed on
Mar 7, 2012
Sold by
Steely Clifford K and Steely Barbara G
Bought by
Wool Jeffrey M and Wool Louise E
Seller's Agent
Bob Rose
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Nathan Hykes
Manor West Realty
List Price
$70,000
Sold Price
$67,500
Premium/Discount to List
-$2,500
-3.57%
Current Estimated Value
$272,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,905
Avg. Annual Appreciation
10.48%
Original Mortgage
$120,000
Outstanding Balance
$82,471
Interest Rate
3.88%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$189,934
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wool Jeffrey M $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wool Jeffrey M $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2012 03/15/12 Sold $67,500 -3.6% $28 / Sq Ft
01/13/2012 01/13/12 Pending -- -- --
10/07/2011 10/07/11 For Sale $70,000 -- $29 / Sq Ft
Source: Bright MLS

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 $2,916 $73,700 $9,100 $64,600
2024 $2,916 $73,700 $9,100 $64,600
2023 $2,867 $73,700 $9,100 $64,600
2022 $2,748 $73,700 $9,100 $64,600
2021 $2,689 $73,700 $9,100 $64,600
2020 $2,689 $73,700 $9,100 $64,600
2019 $2,649 $73,700 $9,100 $64,600
2018 $1,572 $73,700 $9,100 $64,600
2017 $2,444 $53,200 $8,200 $45,000
2016 $2,421 $53,200 $8,200 $45,000
2015 $945 $53,200 $8,200 $45,000
2014 $2,113 $53,200 $8,200 $45,000
Source: Public Records

Agents Affiliated with this Home

  • Bob Rose

    Seller's Agent in 2012

    Bob Rose

    Berkshire Hathaway HomeServices Homesale Realty

    (717) 940-3789

    1 in this area

    73 Total Sales

    Bob Rose
    Section Image

  • N

    Buyer's Agent in 2012

    Nathan Hykes

    Manor West Realty

    Section Image
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Map

Source: Bright MLS

MLS Number: 1005899509

Bright MLS

APN: 334-08921-0-0000

Pennsylvania Lancaster County Lancaster 17602 Southside Lancaster

320 S Queen St, Lancaster, PA

Not Listed for Sale

MultiFamily

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