NOT LISTED FOR SALE

Estimated Value: $332,000 - $380,000

-- Bed
2 Baths
1,796 Sq Ft
$198/Sq Ft Est. Value

Last Sold November 14, 2022

Last sale price $280,000 $156 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,416/month

3 Days on Market

About This Home

As of November 2022

Great two unit in Chestnut Hill! This property is in good condition. There is a one bedroom/studio apartment on the first floor. The upper level apartment has three bedrooms. This investment property is walking distance from all amenities that Lancaster City has to offer. It's also walking distance to schools. Live in one and use the other as a rental to pay for the mortgage! Or, keep it as an investment and rent it out. Lot's of possibilities. The upper 3 bedroom apartment is month to month and the one bedroom apartment's lease goes month to month in February. No pictures of interior as per tenant request. Apartment 1 rent is $850 month. Apartment 2 rent is $950 month.

Last Agent to Sell the Property

Jeffrey Bowman

Hometown Property Sales License #RM424148 Listed on: 10/06/2022

Last Buyer's Agent

Mick Kalata

Berkshire Hathaway HomeServices Homesale Realty

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,508

Year Built

  • Built in 1905

Lot Details

  • 1,742 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 1,796 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Masonry

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • 2 Units
  • Chestnut Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 339-45154-0-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,508

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: All appliances in both units
  • New Construction: No
  • Year Built: 1905
  • Automatically Close On Close Date: No
  • Remarks Public: Great two unit in Chestnut Hill! This property is in good condition. There is a one bedroom/studio apartment on the first floor. The upper level apartment has three bedrooms. This investment property is walking distance from all amenities that Lancaster City has to offer. It's also walking distance to schools. Live in one and use the other as a rental to pay for the mortgage! Or, keep it as an investment and rent it out. Lot's of possibilities. The upper 3 bedroom apartment is month to month and the one bedroom apartment's lease goes month to month in February. No pictures of interior as per tenant request. Apartment 1 rent is $850 month. Apartment 2 rent is $950 month.
  • Special Features: None

Interior Features

  • Foundation Details: Stone
  • Total Sq Ft: 1796
  • Living Area Sq Ft: 1796
  • Price Per Sq Ft: 164.25
  • Above Grade Finished Sq Ft: 1796
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 335

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Masonry
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • School District Key: 300200397286
  • School District Source: 3rd Party

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 112900.00
  • Land Assessed Value: 32200.00
  • Land Use Code: 114
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Year Assessed: 2022
  • Zoning: R3
  • Zoning Description: Medium Density

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4072294
  • School Tax: 3388.00
  • Tax Annual Amount: 5508.00
  • Assessor Parcel Number: 339-45154-0-0000
  • Tax Total Finished Sq Ft: 1796
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/14/2022

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Nov 11, 2022
Sold by
Peteritas William M
Bought by
Friesen Benjamin J and Cattell Lindsay F
Seller's Agent
Jeffrey Bowman
Hometown Property Sales
Buyer's Agent
Mick Kalata
Berkshire Hathaway HomeServices Homesale Realty
List Price
$295,000
Sold Price
$280,000
Premium/Discount to List
-$15,000
-5.08%
Views
3
Current Estimated Value
$355,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,610
Avg. Annual Appreciation
8.79%
Original Mortgage
$210,000
Outstanding Balance
$204,497
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$148,760

Purchase Details

Closed on
May 2, 2008
Sold by
Leibley John B and Leibley Gretchen L
Bought by
Peteritas William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,900
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2002
Sold by
Gilligan Robert J and Gilligan Anne P
Bought by
Mason David A and Mason Jennifer S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.09%
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 Buyer Sale Price Title Company
Friesen Benjamin J $280,000 --
Peteritas William M $141,000 None Available
Mason David A $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friesen Benjamin J $210,000
Previous Owner Peteritas William Mark $23,000
Previous Owner Peteritas William M $91,000
Previous Owner Peteritas William M $99,000
Previous Owner Peteritas William M $126,900
Previous Owner Leibley John B $75,000
Previous Owner Beck Joy D $14,000
Previous Owner Mason David A $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2022 11/14/22 Sold $280,000 -5.1% $156 / Sq Ft
10/09/2022 10/09/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $295,000 -- $164 / 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 $5,742 $145,100 $32,200 $112,900
2023 $5,645 $145,100 $32,200 $112,900
2022 $5,410 $145,100 $32,200 $112,900
2021 $5,294 $145,100 $32,200 $112,900
2020 $5,294 $145,100 $32,200 $112,900
2019 $5,215 $145,100 $32,200 $112,900
2018 $3,095 $145,100 $32,200 $112,900
2017 $3,587 $78,100 $18,100 $60,000
2016 $3,554 $78,100 $18,100 $60,000
2015 $1,387 $78,100 $18,100 $60,000
2014 $3,102 $78,100 $18,100 $60,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2025934

Bright MLS

APN: 339-45154-0-0000