NOT LISTED FOR SALE
2 Beds
1 Bath
7,375 Sq Ft
7,841 Sq Ft Lot

Last Sold December 03, 2019

Last sale price $620,000 $84 Per Sq Ft

19 Days on Market

Highlights

  • 0.18 Acre Lot
  • No HOA
  • Electric Baseboard Heater
  • Colonial Architecture
  • Paneling

About This Home

As of December 2019

Prime location .Room for upgrades and increased income.Owner made $40,000 recent improvements .Well maintained. Large rear yard.See documents for leases and P&L information

Last Agent to Sell the Property

David Stull

(717) 299-2434 dave@investrschoice.net Investors Choice Real Estate License #RB022195L Listed on: 08/21/2019

Last Buyer's Agent

Heather Mellinger

(717) 371-7616 hdmellinger@gmail.com Iron Valley Real Estate of Lancaster License #RS315276

Iron Valley Real Estate of Lancaster

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,107

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • Stone Retaining Walls

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 7,375 Sq Ft Home
  • Paneling
  • Fire Escape

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Doors are 32 inches wide or more
  • Exterior Lighting

Listing and Financial Details

  • The owner pays for electricity, insurance, lawn/shrub care, pest control, sewer, real estate taxes, water
  • Assessor Parcel Number 332-53558-0-0000

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • 3-Story Building

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals
  • Insurance Expense $1,128
  • Maintenance Expense $3,325
  • Other Expense $382
  • Trash Expense $3,218
  • Operating Expense $21,435
  • Gross Income $77,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,107

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Colonial
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: 8 ranges 8 refs
  • New Construction: No
  • Other Expense: 381.60
  • Expected On Market: 2019-08-21
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Wall Ceiling Types: Dry Wall, Paneled Walls
  • Total Sq Ft: 7375
  • Living Area Sq Ft: 7375
  • Price Per Sq Ft: 88.00
  • Above Grade Finished Sq Ft: 7375
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Fire Escape, Sidewalks, Stone Retaining Walls
  • Roof: Rubber
  • 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
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Previous Twelve Months Electric Expense: 614.00
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Pest Control Expense: 792.88
  • Sewer/Septic System: Public Sewer
  • Water Previous Twelve Months: 2500.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No
  • Green Remarks: Large green yard

Lot Info

  • Improvement Assessed Value: 213200.00
  • Land Assessed Value: 36400.00
  • Lot Size Acres: 0.18
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7841.00
  • Zoning: RES

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 8
  • Owner Pays: Electricity, Insurance, Lawn/Shrub Care, Pest Control, Sewer, Taxes - Real Estate, Water
  • Units Leased Count: 8
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4056690
  • School Tax: 5460.00
  • Tax Annual Amount: 9107.00
  • Assessor Parcel Number: 332-53558-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 77781.00
  • Gross Scheduled Income: 77400.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 21435.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 8,Unit 3,Unit 6,Unit 7
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2019 12/03/19 Sold $620,000 0.0% $84 / Sq Ft
10/14/2019 10/14/19 Rented $875 0.0% --
09/20/2019 09/20/19 For Rent $875 0.0% --
09/10/2019 09/10/19 Pending -- -- --
08/21/2019 08/21/19 For Sale $649,000 0.0% $88 / Sq Ft
08/19/2019 08/19/19 Price Changed $649,000 -- $88 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA138468

Bright MLS