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

Sale Details

Date Sold: December 3, 2019

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

19 Days on Market

Highlights

  • 0.18 Acre Lot
  • No HOA
  • Window Unit Cooling System
  • Colonial Architecture
  • Paneling
  • Electric Baseboard Heater

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) 740-2221 contracts@ironvalleyrealestateoflancaster.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

7,841 Sq Ft Lot

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: Bright MLS

MLS Number: PALA138468

Bright MLS
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