NOT LISTED FOR SALE

Estimated Value: $260,000 - $310,000

-- Bed
2 Baths
1,428 Sq Ft
$201/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $295,000 $207 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,713/month

7 Days on Market

Highlights

  • Luxury Vinyl Plank Tile Flooring
  • Electric Baseboard Heater
  • Property is in very good condition
  • 90% Forced Air Heating System
  • 60 Gallon+ Electric Water Heater
  • 5-minute walk to Culliton Park

About This Home

As of September 2024

Introducing a lucrative opportunity in the sought-after neighborhood of Lancaster's Cabbage Hill! Nestled at 4291/2 W Vine St, this multi-unit property promises an ideal income-generating investment. The updated first-floor 1-bedroom apartment boasts fresh paint, new luxury vinyl flooring throughout, renovated bathroom with ceramic tiling. Offering direct access to a fully upgraded basement space designed with a studio apartment , the first-floor tenant enjoys the additional full basement area .
The second-floor apartment exudes contemporary charm with its luxurious vinyl planks, fresh paint, new appliances, and lighting, ensuring a turnkey living experience. Ready to yield passive income and monthly profit, this property comes complete with a side parking area, deeded and available for purchase from the seller. Additionally, the property features a fully repaved driveway, exterior updates, and a freshly painted facade.
Generate a substantial monthly income with $1,800 for the first-floor and basement unit, while the second-floor 2-bedroom apartment commands $1,400 per month. Tenants are responsible for water and trash expenses, making this property an enticing investment opportunity in a prime location.
Owner Licensed Real estate agent.

first floor and basement rent, $1,800 monthly
2 floor 2 bedroom apartment 1,400
tenant pays water and trash.
Gross Monthly income: $3,200

Last Agent to Sell the Property

mabel hinson

(717) 344-1873 mabel@hinsonrealestate.com Realty One Group Generations Listed on: 08/10/2024

Realty One Group Generations

Last Buyer's Agent

mabel hinson

(717) 344-1873 mabel@hinsonrealestate.com Realty One Group Generations Listed on: 08/10/2024

Realty One Group Generations

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,491

Year Built

  • Built in 1920

Lot Details

  • Property is in very good condition

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Masonry
  • Stucco

Interior Spaces

  • 1,428 Sq Ft Home
  • Luxury Vinyl Plank Tile Flooring
  • Finished Basement

Schools

  • Mccaskey Campus High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Cooling System Mounted In Outer Wall Opening
  • 90% Forced Air Heating System
  • Electric Baseboard Heater
  • 200+ Amp Service
  • 60 Gallon+ Electric Water Heater

Community Details

  • 2 Units
  • 3-Story Building
  • Building Winterized

Listing and Financial Details

  • The owner pays for sewer
  • Assessor Parcel Number 338-31312-0-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,491

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • New Construction: No
  • Expected On Market: 2024-08-10
  • Year Built: 1920
  • Automatically Close On Close Date: Yes
  • Building Winterized: Yes
  • Special Features: None

Interior Features

  • Flooring Type: Luxury Vinyl Plank
  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 1428
  • Living Area Sq Ft: 1428
  • Price Per Sq Ft: 203.08
  • Above Grade Finished Sq Ft: 1428
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco, 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: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric, Natural Gas
  • Cooling Type: Wall Unit
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric, 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: MCCASKEY CAMPUS

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Number Of Units Month To Month: 3
  • Owner Pays: Sewer
  • Rent Control: No
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 1522.00
  • Tax Annual Amount: 2491.00
  • Assessor Parcel Number: 338-31312-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2024
Closed on
Sep 27, 2024
Sold by
Hinson Mabel
Bought by
Cabral Stevens Jaquez
Seller's Agent
mabel hinson
Realty One Group Generations
Buyer's Agent
mabel hinson
Realty One Group Generations
List Price
$290,000
Sold Price
$295,000
Premium/Discount to List
$5,000
1.72%
Views
23
Current Estimated Value
$286,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,161
Avg. Annual Appreciation
-2.31%
Original Mortgage
$280,250
Outstanding Balance
$277,381
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$9,458

Purchase Details

Listed on
Jun 27, 2022
Closed on
Aug 29, 2022
Sold by
Sable Arelis N
Bought by
Hinson Mabel
Seller's Agent
Tom Garman
Coldwell Banker Realty
Buyer's Agent
mabel hinson
Realty One Group Generations
List Price
$289,900
Sold Price
$250,000
Premium/Discount to List
-$39,900
-13.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%
Original Mortgage
$187,500
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2007
Sold by
Hud
Bought by
Sable Arelis N

Purchase Details

Closed on
Mar 8, 2007
Sold by
Midfirst Bank
Bought by
Hud

Purchase Details

Closed on
Jun 28, 2006
Sold by
Fittipaldi Susan M and Southward William W
Bought by
Midfirst Bank
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
Cabral Stevens Jaquez $295,000 None Listed On Document
Hinson Mabel $250,000 None Listed On Document
Sable Arelis N $46,500 None Available
Hud -- None Available
Midfirst Bank $2,951 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cabral Stevens Jaquez $280,250
Previous Owner Hinson Mabel $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2024 09/27/24 Sold $295,000 +1.7% $207 / Sq Ft
08/10/2024 08/10/24 For Sale $290,000 0.0% $203 / Sq Ft
02/21/2024 02/21/24 Rented $1,500 0.0% --
01/24/2024 01/24/24 For Rent $1,500 0.0% --
08/30/2022 08/30/22 Sold $250,000 -9.1% $118 / Sq Ft View Prior Sale
08/04/2022 08/04/22 Pending -- -- --
07/21/2022 07/21/22 Price Changed $274,900 -5.2% $130 / Sq Ft
06/27/2022 06/27/22 For Sale $289,900 -- $137 / 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 $2,465 $62,300 $12,500 $49,800
2024 $2,465 $62,300 $12,500 $49,800
2023 $2,424 $62,300 $12,500 $49,800
2022 $2,323 $62,300 $12,500 $49,800
2021 $2,273 $62,300 $12,500 $49,800
2020 $2,273 $62,300 $12,500 $49,800
2019 $2,239 $62,300 $12,500 $49,800
2018 $1,329 $62,300 $12,500 $49,800
2017 $2,669 $58,100 $13,200 $44,900
2016 $2,644 $58,100 $13,200 $44,900
2015 $1,032 $58,100 $13,200 $44,900
2014 $2,308 $58,100 $13,200 $44,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2055132

Bright MLS

APN: 338-31312-0-0000