NOT LISTED FOR SALE

341 W Walnut St Lancaster, PA 17603

Chestnut Hill Neighborhood

Estimated Value: $359,187 - $449,000

Studio
2 Baths
2,408 Sq Ft
$169/Sq Ft Est. Value

Sale Details

Date Sold: December 17, 2021

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

Est. 19% increase in value since last sale

Current estimated payment $2,707 / mo

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Dec 17, 2021
Sold by
Bought by
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
$406,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,047
Avg. Annual Appreciation
4.01%
Original Mortgage
$272,000
Outstanding Balance
$245,936
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$160,111

Purchase Details

Closed on
Mar 6, 2020
Sold by
Bought by

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
Bought by

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
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$340,000 Mersky Law Group Pllc
$170,000 None Available
-- Equity Natl Title & Closing
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $272,000
Previous Owner $190,000
Previous Owner $131,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,094 $152,400 $29,000 $123,400
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

    8 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

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