NOT LISTED FOR SALE

327 W Walnut St Lancaster, PA 17603

Chestnut Hill Neighborhood

Estimated Value: $261,000 - $320,014

-- Bed
2 Baths
1,966 Sq Ft
$151/Sq Ft Est. Value

Last Sold July 27, 2012

Last sale price $122,500 $62 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,000/month

28 Days on Market

About This Home

As of July 2012

Nice 2-unit detached w/hardwood floors, newer windows, utilities separated. Well-maintained multi-family with good cash flow

Last Agent to Sell the Property

Ron Shepherd

Iron Valley Real Estate of Lancaster Listed on: 05/21/2012

Co-Listed By

Ed Hutchins

Shepherd Real Estate, LLC

Last Buyer's Agent

Jeremy Lambert

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,897

Year Built

  • Built in 1900

Lot Details

  • 1,307

Parking

  • On-Street Parking

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Poured Concrete

Schools

  • Mccaskey Campus High School

Utilities

  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement Fills Entire Space Under The House
  • 1,307 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for heat, hot water, electricity
  • Assessor Parcel Number 3390136300000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Electric Expense $250
  • Insurance Expense $900
  • Trash Expense $500
  • Operating Expense $2,250
  • Net Operating Income $10,453

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,897

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Storage: Basement
  • Year Built: 1900
  • Remarks Public: Nice 2-unit detached w/hardwood floors, newer windows, utilities separated. Well-maintained multi-family with good cash flow
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Full, Unfinished
  • Street Number Modifier: 327

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: 250.00
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 600.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Land Use Code: Resi
  • Lot Size Acres: 0.03
  • Zoning: MULTI-FAMILY
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 4071373
  • School Tax: 1798.13
  • Tax Annual Amount: 2897.05
  • Assessor Parcel Number: 3390136300000
  • County Tax Payment Frequency: Annually
  • Close Date: 07/27/2012

Multi Family

  • Gross Income: 15600.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 2250.00
  • 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
May 21, 2012
Closed on
Jul 13, 2012
Sold by
Roman Richard A and Roman Gloria M
Bought by
Good Martha E
Seller's Agent
Ron Shepherd
Iron Valley Real Estate of Lancaster
Buyer's Agent
Jeremy Lambert
Berkshire Hathaway HomeServices Homesale Realty
List Price
$129,900
Sold Price
$122,500
Premium/Discount to List
-$7,400
-5.7%
Current Estimated Value
$297,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,754
Avg. Annual Appreciation
6.95%
Original Mortgage
$91,875
Outstanding Balance
$64,753
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$230,158

Purchase Details

Closed on
Feb 13, 2003
Sold by
Mersky David W
Bought by
Roman Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Good Martha E $122,500 None Available
Roman Living Trust $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Good Martha E $91,875
Previous Owner Roman Living Trust $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2012 07/27/12 Sold $122,500 -5.7% $62 / Sq Ft
06/18/2012 06/18/12 Pending -- -- --
05/21/2012 05/21/12 For Sale $129,900 -- $66 / 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 $4,554 $115,100 $24,900 $90,200
2023 $4,478 $115,100 $24,900 $90,200
2022 $4,291 $115,100 $24,900 $90,200
2021 $4,199 $115,100 $24,900 $90,200
2020 $4,199 $115,100 $24,900 $90,200
2019 $4,137 $115,100 $24,900 $90,200
2018 $4,819 $115,100 $24,900 $90,200
2017 $3,266 $71,100 $16,900 $54,200
2016 $3,236 $71,100 $16,900 $54,200
2015 $1,262 $71,100 $16,900 $54,200
2014 $2,824 $71,100 $16,900 $54,200
Source: Public Records

Agents Affiliated with this Home

  • Ron Shepherd

    Seller's Agent in 2012

    Ron Shepherd

    Iron Valley Real Estate of Lancaster

    (717) 587-7390

    1 in this area

    28 Total Sales

    Ron Shepherd
    Section Image

  • E

    Seller Co-Listing Agent in 2012

    Ed Hutchins

    Shepherd Real Estate, LLC

    Section Image

  • J

    Buyer's Agent in 2012

    Jeremy Lambert

    Berkshire Hathaway HomeServices Homesale Realty

See All Agents

Map

Source: Bright MLS

MLS Number: 1002725689

Bright MLS

APN: 339-01363-0-0000

Pennsylvania Lancaster County Lancaster 17603 Chestnut Hill

327 W Walnut St, Lancaster, PA

This home is located at 327 W Walnut St, Lancaster, PA 17603 since 21 May 2012 and is currently estimated at $297,254, approximately $151 per square foot. This property was built in 1900. 327 W Walnut St is a home located in Lancaster County with nearby schools including Thomas Wharton Elementary School, Reynolds Middle School, and McCaskey High School.

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