NOT LISTED FOR SALE

34 S Water St Lancaster, PA 17603

Downtown Lancaster Neighborhood

Estimated Value: $170,000 - $211,000

3 Beds
1 Bath
1,272 Sq Ft
$149/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $125,000 $98 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,163/month

6 Days on Market

Highlights

  • City View
  • Traditional Architecture
  • No HOA
  • Traditional Floor Plan
  • Wood Flooring
  • 2-minute walk to Steinman Park

About This Home

As of June 2021

OWN FOR LESS THAN RENT OR INVESTMENT OPPORTUNITY- Centrally located just 2 blocks from Penn Square and all that Lancaster has to offer - This property features 3 bedrooms. Nice layout with 1,272 square feet and Natural gas forced air heat. Currently tenant occupied with a M2M lease ($805/month and tenant pays utilities) - Excellent opportunity to buy affordable housing or continue using as a rental with excellent CAP rate - The area supports much higher values and an excellent opportunity to flip or invest near center city - 24 HOUR NOTICE REQUIRED FOR SHOWINGS (Tenant Occupied).

Last Agent to Sell the Property

Andy Sollenberger

Kingsway Realty - Ephrata License #RS313192 Listed on: 04/01/2021

Last Buyer's Agent

Matt Hagelgans

Keller Williams Elite License #RS285949

Keller Williams Elite

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,420

Year Built

  • Built in 1880

Lot Details

  • 1,742 Sq Ft Lot
  • Chain Link Fence
  • Property is in average condition

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Plaster Walls
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,272 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Living Room
  • Dining Room
  • City Views

Kitchen

  • Galley Kitchen
  • Gas Oven or Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

  • Partial Basement
  • Laundry in Basement

Schools

  • Fulton Elementary School
  • Mccaskey Campus High School

Utilities

  • Forced Air Heating System
  • 100 Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 334-11280-0-0000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,420

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Refrigerator, washer/dryer (tenant owned).
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1880
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: OWN FOR LESS THAN RENT OR INVESTMENT OPPORTUNITY- Centrally located just 2 blocks from Penn Square and all that Lancaster has to offer - This property features 3 bedrooms. Nice layout with 1,272 square feet and Natural gas forced air heat. Currently tenant occupied with a M2M lease ($805/month and tenant pays utilities) - Excellent opportunity to buy affordable housing or continue using as a rental with excellent CAP rate - The area supports much higher values and an excellent opportunity to flip or invest near center city - 24 HOUR NOTICE REQUIRED FOR SHOWINGS (Tenant Occupied).
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Oven/Range - Gas
  • Flooring Type: Vinyl, Wood
  • Interior Amenities: Dining Area, Floor Plan - Traditional, Kitchen - Galley, Tub Shower
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Full Bath
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 1272
  • Living Area Sq Ft: 1272
  • Price Per Sq Ft: 66.75
  • Above Grade Finished Sq Ft: 1272
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 34

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Road Surface Type: Paved
  • Roof: Composite, Shingle
  • View: City
  • 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: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • Elementary School: FULTON E.S.
  • High School: MCCASKEY CAMPUS
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • School District Key: 300200397286
  • School District Source: Listing Agent
  • Elementary School: FULTON E.S.
  • High School: MCCASKEY CAMPUS

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Chain Link
  • Improvement Assessed Value: 30700.00
  • Land Assessed Value: 7800.00
  • Land Use Code: 113
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Average
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL
  • Zoning Description: Residential

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4057699
  • School Tax: 858.00
  • Tax Annual Amount: 1420.00
  • Assessor Parcel Number: 334-11280-0-0000
  • Tax Total Finished Sq Ft: 1272
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/25/2021

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2024
Sold by
Invest Pa 2020 Llc
Bought by
Hearth And Homes Llc
Current Estimated Value
$190,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$521,028
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
-$319,028

Purchase Details

Listed on
Apr 1, 2021
Closed on
Jun 23, 2021
Sold by
Rohrer David B and Estate Of Nancy C Rohrer
Bought by
Invest Pa 2020 Llc
Seller's Agent
Andy Sollenberger
Kingsway Realty - Ephrata
Buyer's Agent
Matt Hagelgans
Keller Williams Elite
List Price
$84,900
Sold Price
$125,000
Premium/Discount to List
$40,100
47.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.23%
Original Mortgage
$174,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2020
Sold by
Rohrer Nancy C and Estate Of Elmer G Rohrer
Bought by
Rohrer Nancy C
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
Hearth And Homes Llc -- None Listed On Document
Invest Pa 2020 Llc $125,000 Abstract Assc Of Lancaster I
Rohrer Nancy C -- Abstract Assc Of Lancaster I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hearth And Homes Llc $525,000
Previous Owner Invest Pa 2020 Llc $268,800
Previous Owner Invest Pa 2020 Llc $174,000
Previous Owner Heberlein Michael A $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $125,000 +47.2% $98 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $84,900 -- $67 / 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 $1,523 $38,500 $7,800 $30,700
2023 $1,498 $38,500 $7,800 $30,700
2022 $1,435 $38,500 $7,800 $30,700
2021 $1,405 $38,500 $7,800 $30,700
2020 $1,405 $38,500 $7,800 $30,700
2019 $1,384 $38,500 $7,800 $30,700
2018 $821 $38,500 $7,800 $30,700
2017 $1,240 $27,000 $6,800 $20,200
2016 $1,229 $27,000 $6,800 $20,200
2015 $479 $27,000 $6,800 $20,200
2014 $1,072 $27,000 $6,800 $20,200
Source: Public Records

Agents Affiliated with this Home

  • Andy Sollenberger

    Seller's Agent in 2021

    Andy Sollenberger

    Kingsway Realty - Ephrata

    (717) 669-8813

    2 in this area

    84 Total Sales

    Andy Sollenberger
    Section Image
  • Matt Hagelgans

    Buyer's Agent in 2021

    Matt Hagelgans

    Keller Williams Elite

    (717) 917-8194

    1 in this area

    33 Total Sales

    Matt Hagelgans
    Section Image
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Map

Source: Bright MLS

MLS Number: PALA179664

Bright MLS

APN: 334-11280-0-0000

Pennsylvania Lancaster County Lancaster 17603 Downtown Lancaster

34 S Water St, Lancaster, PA

This home is located at 34 S Water St, Lancaster, PA 17603 since 01 April 2021 and is currently estimated at $190,000, approximately $149 per square foot. This property was built in 1880. 34 S Water St is a home located in Lancaster County with nearby schools including Fulton El School, Reynolds Middle School, and McCaskey High School.

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