NOT LISTED FOR SALE

416 Manor St Lancaster, PA 17603

Cabbage Hill Neighborhood

Estimated Value: $251,767 - $368,000

-- Bed
3 Baths
1,816 Sq Ft
$159/Sq Ft Est. Value

Last Sold November 14, 2013

Last sale price $266,000 $146 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,783/month

198 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • 4-minute walk to Crystal Park

About This Home

As of November 2013

A well kept gem! Owner has taken good care of this property and it shows. Units are up-to-date, clean and with stable tenants that pay on time. Common areas are cleaned weekly and pride of ownership is evident throughout the whole building. This property is a duplex on one deed BUT with two tax ID numbers. It can be easily split onto two deeds to resell one and keep the other if desired.

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,154

Year Built

  • Built in 1923

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 30x80

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Unfinished Basement

  • Exterior Basement Entry

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Utilities

  • Baseboard Heating
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for heat, electricity
  • Assessor Parcel Number 3389083500000 & 3388992300000

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Income includes apartment rentals
  • Electric Expense $490
  • Insurance Expense $880
  • Maintenance Expense $9,696
  • Trash Expense $1,260
  • Operating Expense $14,324
  • Net Operating Income $22,596

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,154

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Unfinished

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Exterior Features: Fire Escape
  • Roof: Composite, Shingle, Asphalt
  • 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: No
  • Electric Expense: 490.00
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1998.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 30x80
  • Zoning: MULTI-FAMILY
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Heat, Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4070851
  • School Tax: 2522.24
  • Tax Annual Amount: 4154.44
  • Assessor Parcel Number: 3389083500000 & 3388992300000
  • County Tax Payment Frequency: Annually

Multi Family

  • Gross Income: 41013.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 14324.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2013
Closed on
Nov 14, 2013
Sold by
Wilson David D and Wilson Jean W
Bought by
Sauder Properties Llc
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$279,500
Sold Price
$266,000
Premium/Discount to List
-$13,500
-4.83%
Current Estimated Value
$289,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,442
Avg. Annual Appreciation
0.70%

Purchase Details

Closed on
Feb 23, 2011
Sold by
Reveron Carlos A and Reveron Daniel A
Bought by
Wilson David D and Wilson Jean W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 29, 2008
Sold by
Pennypacker Ronald S
Bought by
Reveron Carlos A and Reveron Daniel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 2001
Sold by
Hammond Carolyn J and Estate Of Robert M Hammond
Bought by
Pennypacker Ronald S
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
Sauder Properties Llc $266,000 None Available
Wilson David D $285,000 None Available
Reveron Carlos A $125,000 None Available
Pennypacker Ronald S $105,621 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson David D $50,000
Previous Owner Reveron Carlos A $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2013 11/14/13 Sold $266,000 -4.8% $146 / Sq Ft
09/25/2013 09/25/13 Pending -- -- --
03/11/2013 03/11/13 For Sale $279,500 -- $154 / 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 $3,126 $79,000 $10,700 $68,300
2024 $3,126 $79,000 $10,700 $68,300
2023 $3,073 $79,000 $10,700 $68,300
2022 $2,945 $79,000 $10,700 $68,300
2021 $2,882 $79,000 $10,700 $68,300
2020 $2,882 $79,000 $10,700 $68,300
2019 $2,839 $79,000 $10,700 $68,300
2018 $1,685 $79,000 $10,700 $68,300
2017 $2,641 $57,500 $12,900 $44,600
2016 $2,617 $57,500 $12,900 $44,600
2015 $1,021 $57,500 $12,900 $44,600
2014 $2,284 $57,500 $12,900 $44,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1005845753

Bright MLS

APN: 338-90835-0-0000

Pennsylvania Lancaster County Lancaster 17603 Cabbage Hill

416 Manor St, Lancaster, PA

Not Listed for Sale

MultiFamily

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