NOT LISTED FOR SALE

341 W Walnut St Lancaster, PA 17603

Chestnut Hill Neighborhood

Estimated Value: $402,000 - $452,000

Studio
2 Baths
2,408 Sq Ft
$177/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $340,000 $141 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,751/month

13 Days on Market

Highlights

  • Corner Lot
  • Property is in very good condition
  • Back Yard
  • Central Air
  • Hot Water Baseboard Heater

About This Home

As of December 2021

Fantastic investment opportunity in the heart of the city. Newly renovated 2 unit with plenty of upgrades and in great condition. Separate electrical and gas meters. New A/C units installed in 2020. Great source of cash flow!

Last Agent to Sell the Property

Bill Wolverton

(717) 735-8400 cpalancasteradmins@coldwellbankermoves.com Coldwell Banker Realty License #RS314182 Listed on: 10/22/2021

Coldwell Banker Realty

Last Buyer's Agent

nicole cox

(717) 824-3090 john@lancliving.com LancLiving Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,682

Year Built

  • Built in 1900 | Remodeled in 2020

Lot Details

  • 1,742 Sq Ft Lot
  • Corner Lot
  • Back Yard
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • 2,408 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Stone Foundation
  • Masonry

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for insurance, sewer, water, real estate taxes
  • Assessor Parcel Number 339-86251-0-0000

Community Details

Overview

  • 2 Units
  • 3-Story Building

Building Details

  • Net Operating Income $21,618

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,682

Year Built

Built in 1900 | Remodeled in 2020

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: Lower Unit: Washer, Dryer, Stove Upper Unit: Washer, Dryer, Stove, Dishwasher, Microwave
  • New Construction: No
  • Year Built: 1900
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Stone
  • Total Sq Ft: 2408
  • Living Area Sq Ft: 2408
  • Price Per Sq Ft: 141.20
  • Above Grade Finished Sq Ft: 2408
  • Above Grade Finished Area Units: Square Feet

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: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas, Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: 3rd Party

Lot Info

  • Lot Features: Corner, Rear Yard
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL

Rental Info

  • Owner Pays: Insurance, Sewer, Water, Taxes - Real Estate
  • Total Actual Rent: 30000.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 3455.00
  • Tax Annual Amount: 5682.00
  • Assessor Parcel Number: 339-86251-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Gross Income: 30000.00
  • 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
Oct 22, 2021
Closed on
Dec 17, 2021
Sold by
T Lamonaca Jr General Contracting Llc
Bought by
Skonieczny Carine Alix and Moll Daniel James
Seller's Agent
Bill Wolverton
Coldwell Banker Realty
Buyer's Agent
nicole cox
LancLiving Realty
List Price
$340,000
Sold Price
$340,000
Current Estimated Value
$427,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,340
Avg. Annual Appreciation
5.51%
Original Mortgage
$272,000
Outstanding Balance
$250,102
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$177,238

Purchase Details

Closed on
Mar 6, 2020
Sold by
Hill Sean R and Hill Jessica Avery
Bought by
T Lamonaca Jr General Contracting Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 12, 2014
Sold by
Hill Sean R
Bought by
Hill Sean R and Hill Jessica Avery

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 1999
Sold by
Flouras John N and Flouras Artemis
Bought by
Flouras John N and Flouras Artemis
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Skonieczny Carine Alix $340,000 Mersky Law Group Pllc
T Lamonaca Jr General Contracting Llc $170,000 None Available
Hill Sean R -- Equity Natl Title & Closing
Flouras John N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skonieczny Carine Alix $272,000
Previous Owner T Lamonaca Jr General Contracting Llc $190,000
Previous Owner Hill Sean R $131,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 Sold $340,000 0.0% $141 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $340,000 -- $141 / 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 $6,030 $152,400 $29,000 $123,400
2024 $6,030 $152,400 $29,000 $123,400
2023 $5,929 $152,400 $29,000 $123,400
2022 $5,682 $152,400 $29,000 $123,400
2021 $5,560 $152,400 $29,000 $123,400
2020 $5,560 $152,400 $29,000 $123,400
2019 $5,477 $152,400 $29,000 $123,400
2018 $3,250 $152,400 $29,000 $123,400
2017 $4,970 $108,200 $18,300 $89,900
2016 $4,924 $108,200 $18,300 $89,900
2015 $1,921 $108,200 $18,300 $89,900
2014 $4,298 $108,200 $18,300 $89,900
Source: Public Records

Agents Affiliated with this Home

  • Bill Wolverton

    Seller's Agent in 2021

    Bill Wolverton

    Coldwell Banker Realty

    (717) 598-7741

    1 in this area

    10 Total Sales

    Bill Wolverton
    Section Image
  • nicole cox

    Buyer's Agent in 2021

    nicole cox

    LancLiving Realty

    (717) 824-3090

    1 in this area

    2 Total Sales

    nicole cox
    Section Image
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Map

Source: Bright MLS

MLS Number: PALA2006810

Bright MLS

APN: 339-86251-0-0000

Pennsylvania Lancaster County Lancaster 17603 Chestnut Hill

341 W Walnut St, Lancaster, PA

Not Listed for Sale

MultiFamily

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