NOT LISTED FOR SALE

408 E Main St Lititz, PA 17543

Estimated Value: $365,494 - $428,000

-- Bed
2 Baths
1,855 Sq Ft
$212/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $340,000 $183 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,379/month

Highlights

  • Traditional Architecture
  • Warwick Senior High School Rated 9+
  • 90% Forced Air Heating System

About This Home

As of November 2023

Investors, take a look at this well maintained 2 unit in downtown Lititz. Just a short walk to all of the unique shops and restaurants that this historic small town has to offer. With off-street parking, separate utilities and efficient gas heat, this property is very easy to maintain and manage. Don't let this one get away. Schedule your showing today!

Last Agent to Sell the Property

Abbey Hershey

(717) 203-0293 abbeyhersheyrealtor@gmail.com Iron Valley Real Estate of Lancaster Listed on: 10/17/2023

Iron Valley Real Estate of Lancaster

Last Buyer's Agent

Kimberly Wingert

(717) 951-7251 ktwingert@aol.com RE/MAX Pinnacle

RE/MAX Pinnacle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,774

Year Built

  • Built in 1925

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • 1,855 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Stone Foundation
  • Poured Concrete
  • Masonry

Basement

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

Parking

  • 2 Parking Spaces
  • 2 Off-Street Spaces

Schools

  • Warwick Senior High School

Utilities

  • 90% Forced Air Heating System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 370-62171-0-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,774

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: washer and dryer in basement. All of Tenants posessions.
  • Inclusions: refrigerators in both units
  • New Construction: No
  • Expected On Market: 10/17/2023 12:00:00 AM
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full, Poured Concrete, Outside Entrance
  • Total Sq Ft: 1855
  • Living Area Sq Ft: 1855
  • Price Per Sq Ft: 175.15
  • Above Grade Finished Sq Ft: 1855
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Natural Gas Available, Sewer Available
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • High School Source: 3rd Party
  • School District Source: 3rd Party
  • High School: WARWICK SENIOR

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3485.00
  • Zoning: RESIDENTIAL/MULTI-FAMILY

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2742.00
  • Tax Annual Amount: 3774.00
  • Assessor Parcel Number: 370-62171-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: WARWICK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Nov 20, 2023
Sold by
Hershey Steve and Hershey Abbey
Bought by
Path Valley Enterprises Llc
Seller's Agent
Abbey Hershey
Iron Valley Real Estate of Lancaster
Buyer's Agent
Kimberly Wingert
RE/MAX Pinnacle
List Price
$324,900
Sold Price
$340,000
Premium/Discount to List
$15,100
4.65%
Views
35
Current Estimated Value
$393,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,624
Avg. Annual Appreciation
7.19%

Purchase Details

Listed on
Jul 28, 2015
Closed on
Dec 4, 2015
Sold by
Stoltzfus Norman J and Stoltzfus Betty J
Bought by
Hershey Steve and Hershey Abbey
Seller's Agent
Jack Hess
Kingsway Realty - Lancaster
Buyer's Agent
Abbey Hershey
Iron Valley Real Estate of Lancaster
List Price
$169,900
Sold Price
$155,000
Premium/Discount to List
-$14,900
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%
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

Date Buyer Sale Price Title Company
Path Valley Enterprises Llc $340,000 None Listed On Document
Hershey Steve $155,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2023 11/20/23 Sold $340,000 +4.6% $183 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $324,900 +109.6% $175 / Sq Ft
12/04/2015 12/04/15 Sold $155,000 -8.8% $84 / Sq Ft View Prior Sale
10/28/2015 10/28/15 Pending -- -- --
07/28/2015 07/28/15 For Sale $169,900 -- $92 / 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 $3,789 $167,500 $39,400 $128,100
2024 $3,789 $167,500 $39,400 $128,100
2023 $3,774 $167,500 $39,400 $128,100
2022 $3,565 $167,500 $39,400 $128,100
2021 $3,565 $167,500 $39,400 $128,100
2020 $3,565 $167,500 $39,400 $128,100
2019 $3,565 $167,500 $39,400 $128,100
2018 $2,742 $167,500 $39,400 $128,100
2017 $3,193 $117,900 $36,200 $81,700
2016 $3,193 $117,900 $36,200 $81,700
2015 $747 $117,900 $36,200 $81,700
2014 $2,324 $117,900 $36,200 $81,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2042264

Bright MLS

APN: 370-62171-0-0000