NOT LISTED FOR SALE

340 New Holland Ave Lancaster, PA 17602

Musser Park Neighborhood

Estimated Value: $247,974 - $315,000

-- Bed
2 Baths
1,612 Sq Ft
$176/Sq Ft Est. Value

Last Sold April 01, 2013

Last sale price $108,000 $67 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $1,841/month

105 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Forced Air Heating System

About This Home

As of April 2013

CASH COW! 5 unit boarding house; 1 one bedromm apartment + 4 rooms.

Last Agent to Sell the Property

James Martzall

Keller Williams Elite Listed on: 10/26/2012

Last Buyer's Agent

Darren Neff

Manor West Realty License #RS319979

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 2,178 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

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

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Schools

  • Mccaskey Campus High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3367236400000

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Income includes apartment rentals
  • Electric Expense $2,455
  • Fuel Expense $1,425
  • Insurance Expense $631
  • Operating Expense $4,511
  • Net Operating Income $19,302

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Storage: Basement
  • Year Built: 1880
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Outside Entrance

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Exterior Features: Fire Escape
  • Roof: Composite, Shingle, Rubber
  • 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
  • Cooling: Yes
  • Electric Expense: 2455.00
  • Electric Service: 100 Amp Service
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • 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: TU-464
  • Lot Size Acres: 0.05
  • Property Attached Yn: Yes
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4062379
  • School Tax: 2002.98
  • Tax Annual Amount: 3331.55
  • Assessor Parcel Number: 3367236400000
  • County Tax Payment Frequency: Annually
  • Close Date: 04/01/2013

Multi Family

  • Fuel Expense: 1425.00
  • Gross Income: 27040.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 4511.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
  • Single Room Units Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2012
Closed on
Apr 1, 2013
Sold by
Stoltzfus Samuel J and Stoltzfus Barbara S
Bought by
Neff Andrew M
Seller's Agent
James Martzall
Keller Williams Elite
Buyer's Agent
Darren Neff
Manor West Realty
List Price
$129,900
Sold Price
$108,000
Premium/Discount to List
-$21,900
-16.86%
Current Estimated Value
$281,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,362
Original Mortgage
$75,000
Interest Rate
3.56%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 7, 2007
Sold by
Double J Holdings Llc
Bought by
Stoltzfus Samuel J and Stoltzfus Barbara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2007
Sold by
Glick Christian K
Bought by
Double J Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,800
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
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
Neff Andrew M $108,000 None Available
Stoltzfus Samuel J $130,000 None Available
Double J Holdings Llc $96,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neff Andrew M $90,000
Closed Neff Andrew M $75,000
Previous Owner Stoltzfus Samuel J $78,000
Previous Owner Stoltzfus Samuel J $10,064
Previous Owner Stoltzfus Samuel J $80,000
Previous Owner Double J Holdings Llc $76,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2013 04/01/13 Sold $108,000 -16.9% $67 / Sq Ft
02/08/2013 02/08/13 Pending -- -- --
10/26/2012 10/26/12 For Sale $129,900 -- $81 / 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 $3,617 $91,400 $21,500 $69,900
2023 $3,556 $91,400 $21,500 $69,900
2022 $3,408 $91,400 $21,500 $69,900
2021 $3,335 $91,400 $21,500 $69,900
2020 $3,335 $91,400 $21,500 $69,900
2019 $3,285 $91,400 $21,500 $69,900
2018 $1,949 $91,400 $21,500 $69,900
2017 $3,638 $79,200 $21,600 $57,600
2016 $3,605 $79,200 $21,600 $57,600
2015 $1,406 $79,200 $21,600 $57,600
2014 $3,146 $79,200 $21,600 $57,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    James Martzall

    Keller Williams Elite

  • D

    Buyer's Agent in 2013

    Darren Neff

    Manor West Realty

    (717) 575-1668

    24 Total Sales

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Map

Source: Bright MLS

MLS Number: 1005845901

Bright MLS

APN: 336-72364-0-0000

Pennsylvania Lancaster County Lancaster 17602 Musser Park

340 New Holland Ave, Lancaster, PA

This home is located at 340 New Holland Ave, Lancaster, PA 17602 since 26 October 2012 and is currently estimated at $283,744, approximately $176 per square foot. This property was built in 1880. 340 New Holland Ave is a home located in Lancaster County with nearby schools including Wickersham Elementary School, Lincoln Middle School, and McCaskey High School.

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