NOT LISTED FOR SALE

Estimated Value: $257,000 - $282,000

Studio
2 Baths
2,223 Sq Ft
$122/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $230,000 $103 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,705/month

4 Days on Market

Highlights

  • More Than Two Accessible Exits
  • Vinyl Flooring
  • Radiator
  • Ceiling height of 9 feet or more

About This Home

As of December 2023

Introducing a renovated 2 unit for house hackers and investors! Live in one and rent out the other!! Located just a few blocks south of Southern Market and thriving downtown Lancaster. Unit One is a large 1 bed apt which consists of the entire 1st floor and had a light rehab in 2021 and rents for $850. The heat is electric as well as the water heater. Unit Two is a 3 bed 2 bath apt on the 2nd and 3rd floor with 1 master bedroom and a private balcony in the rear. The boiler and the gas water heater are 5 years old. This unit went under major renovations in 2021 and rents for $1300. Owner pays water, sewer and trash and common area electric. Both units have designated laundry hookups as well as newer vinyl windows. A new asphalt roof was installed in 2018 as well as 3 new meter bases. All the breakers are new with 100 amp service. Both leases are month to month. Property has very low maintenance cost. Schedule a showing today! 24 hr notice required for all showings

Last Agent to Sell the Property

Christopher Carr

(855) 885-4663 support@simplechoicerealty.com HomeZu Listed on: 12/01/2023

Last Buyer's Agent

Shalani Colon

(610) 484-8663 nelsongamezrealtor@gmail.com Realty One Group Alliance

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,759

Year Built

  • Built in 1880 | Remodeled in 2021

Lot Details

  • 3,049

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stone Foundation
  • Plaster Walls
  • Architectural Shingle Roof

Interior Spaces

  • 2,223 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Vinyl Clad Windows
  • Vinyl Flooring
  • Basement Fills Entire Space Under The House

Parking

  • Public Parking
  • On-Street Parking

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Municipal Trash
  • Public Septic

Additional Features

  • More Than Two Accessible Exits
  • 3,049 Sq Ft Lot

Listing and Financial Details

  • The owner pays for water, sewer, trash collection
  • Assessor Parcel Number 334-11525-0-0000

Community Details

Overview

  • 2 Units
  • 3-Story Building

Building Details

  • Insurance Expense $600
  • Trash Expense $670

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,759

Year Built

Built in 1880 | Remodeled in 2021

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1880
  • Year Renovated: 2021
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Stories: 0

Interior Features

  • Flooring Type: Vinyl
  • Window Features: Vinyl Clad
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, Plaster Walls
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2223
  • Living Area Sq Ft: 2223
  • Price Per Sq Ft: 96.72
  • Above Grade Finished Sq Ft: 2223
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Public
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Previous Twelve Months Electric Expense: 300.00
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Sewer/Septic System: Public Septic
  • Water Previous Twelve Months: 900.00
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Zoning: R3

Rental Info

  • Existing Lease Type: Month To Month
  • Owner Pays: Water, Sewer, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 25800.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 2281.00
  • Tax Annual Amount: 3759.00
  • Assessor Parcel Number: 334-11525-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Dec 29, 2023
Sold by
Fisher Benuel
Bought by
Gemmill Adam K
Seller's Agent
Christopher Carr
HomeZu
Buyer's Agent
Shalani Colon
Realty One Group Alliance
List Price
$215,000
Sold Price
$230,000
Premium/Discount to List
$15,000
6.98%
Views
40
Current Estimated Value
$270,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,313
Avg. Annual Appreciation
7.65%
Original Mortgage
$225,834
Outstanding Balance
$222,234
Interest Rate
7.44%
Mortgage Type
FHA
Estimated Equity
$48,079

Purchase Details

Listed on
Nov 20, 2018
Closed on
Dec 11, 2018
Sold by
Slatehouse Group Llc
Bought by
Fisher Benuel
Seller's Agent
Luis Ortega
Weichert Realtors - The Ortega Group
Buyer's Agent
Ben Esh
Astoria Realty Advisors LLC
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.84%
Original Mortgage
$75,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 27, 2013
Closed on
Feb 4, 2014
Sold by
R To R Holdings Llc
Bought by
Slatehouse Group Llc
Seller's Agent
Richard Boas Jr
Berkshire Hathaway HomeServices Homesale Realty
List Price
$80,000
Sold Price
$55,000
Premium/Discount to List
-$25,000
-31.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$44,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 17, 2005
Sold by
World Mission Associates
Bought by
Btr 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
$48,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Gemmill Adam K $230,000 None Listed On Document
Fisher Benuel $75,000 None Available
Slatehouse Group Llc $55,000 None Available
Btr Holdings Llc $60,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gemmill Adam K $225,834
Previous Owner Fisher Benuel $75,000
Previous Owner Slatehouse Group Llc $44,000
Previous Owner Btr Holdings Llc $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2023 12/29/23 Sold $230,000 +7.0% $103 / Sq Ft
12/01/2023 12/01/23 For Sale $215,000 +186.7% $97 / Sq Ft
12/12/2018 12/12/18 Sold $75,000 0.0% $23 / Sq Ft View Prior Sale
12/03/2018 12/03/18 Pending -- -- --
11/20/2018 11/20/18 For Sale $75,000 +36.4% $23 / Sq Ft
02/19/2014 02/19/14 Sold $55,000 -31.3% $17 / Sq Ft View Prior Sale
12/12/2013 12/12/13 Pending -- -- --
02/27/2013 02/27/13 For Sale $80,000 -- $24 / 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 $3,759 $95,000 $9,100 $85,900
2024 $3,759 $95,000 $9,100 $85,900
2023 $3,696 $95,000 $9,100 $85,900
2022 $3,542 $95,000 $9,100 $85,900
2021 $3,466 $95,000 $9,100 $85,900
2020 $3,466 $95,000 $9,100 $85,900
2019 $4,115 $114,500 $9,100 $105,400
2018 $4,794 $114,500 $9,100 $105,400
2017 $2,627 $57,200 $8,200 $49,000
2016 $2,603 $57,200 $8,200 $49,000
2015 $1,016 $57,200 $8,200 $49,000
2014 $2,272 $57,200 $8,200 $49,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2044394

Bright MLS

APN: 334-11525-0-0000

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