NOT LISTED FOR SALE

361 E Main St Lititz, PA 17543

Estimated Value: $307,000 - $348,705

-- Bed
2 Baths
1,824 Sq Ft
$177/Sq Ft Est. Value

Last Sold July 13, 2017

Last sale price $162,500 $89 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,021/month

Highlights

  • No HOA
  • Warwick Senior High School Rated 9+
  • Baseboard Heating

About This Home

As of July 2017

Brick 2 unit in the coolest little town in America. Upstairs tenant has been there for a few years and lower level should be rented any day. Off street parking with a 2 car garage in rear that rents for $125. Solid investment in desirable area.

Last Agent to Sell the Property

Jim Bull

(717) 951-5620 jimbullrealtor@gmail.com Mountain Valley Realty Inc License #RS311759 Listed on: 05/04/2017

Last Buyer's Agent

Ed Hutchins

(717) 572-5048 ed@shepherdrealestate.com Shepherd Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,242

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 33 x 200

Parking

  • 2 Parking Spaces

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Composition Roof

Laundry

  • Washer and Dryer Hookup

Utilities

  • Baseboard Heating
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Basement

Listing and Financial Details

  • Tenant pays for heat, hot water, sewer, trash removal, water
  • Assessor Parcel Number 370-41516-0-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Electric Expense $210
  • Insurance Expense $550
  • Maintenance Expense $1,200
  • Manager Expense $1,607
  • Operating Expense $3,567
  • Net Operating Income $12,092

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,242

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Storage: Basement
  • Year Built: 1900
  • Remarks Public: Brick 2 unit in the coolest little town in America. Upstairs tenant has been there for a few years and lower level should be rented any day. Off street parking with a 2 car garage in rear that rents for $125. Solid investment in desirable area.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete
  • Street Number Modifier: 361

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Roof: Composite, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Spaces Total: 2.00

Utilities

  • Central Air Conditioning: No
  • Electric Expense: 210.00
  • Electric Service: 200+ Amp Service
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Professional Management Expense: 1606.50

Schools

  • School District: WARWICK
  • School District Key: 300200397376

Lot Info

  • Land Use Code: R-113
  • Lot Size Acres: 0.15
  • Lot Dimensions: 33 x 200
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Heat, Hot Water, Sewer, Trash Removal, Water
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4083437
  • School Tax: 2483.46
  • Tax Annual Amount: 3241.76
  • Assessor Parcel Number: 370-41516-0-0000
  • County Tax Payment Frequency: Annually
  • Close Date: 07/13/2017

Multi Family

  • Gross Income: 18900.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 3566.50
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: WARWICK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2017
Closed on
Jul 13, 2017
Sold by
King Real Estate Llc
Bought by
Speedwell Partners
Seller's Agent
Jim Bull
Mountain Valley Realty Inc
Buyer's Agent
Ed Hutchins
Shepherd Real Estate, LLC
List Price
$179,995
Sold Price
$162,500
Premium/Discount to List
-$17,495
-9.72%
Current Estimated Value
$322,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,735
Avg. Annual Appreciation
8.66%
Original Mortgage
$132,000
Outstanding Balance
$109,820
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$212,415

Purchase Details

Closed on
Oct 12, 2010
Sold by
Hartz Nancy K and Hartz John F
Bought by
King Real Estate Llc
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
Speedwell Partners $162,500 None Available
King Real Estate Llc $159,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Speedwell Partners $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2017 07/13/17 Sold $162,500 -9.7% $89 / Sq Ft
05/26/2017 05/26/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $179,995 -- $99 / 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
2025 $3,676 $162,500 $52,600 $109,900
2024 $3,676 $162,500 $52,600 $109,900
2023 $3,661 $162,500 $52,600 $109,900
2022 $3,458 $162,500 $52,600 $109,900
2021 $3,458 $162,500 $52,600 $109,900
2020 $3,458 $162,500 $52,600 $109,900
2019 $3,458 $162,500 $52,600 $109,900
2018 $2,660 $162,500 $52,600 $109,900
2016 $3,242 $119,700 $32,100 $87,600
2015 $758 $119,700 $32,100 $87,600
2014 $2,359 $119,700 $32,100 $87,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002741021

Bright MLS

APN: 370-41516-0-0000