NOT LISTED FOR SALE

Estimated Value: $221,000 - $268,347

-- Bed
3 Baths
2,002 Sq Ft
$121/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $120,000 $60 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,637/month

98 Days on Market

Highlights

  • 0.17 Acre Lot
  • No HOA
  • Hot Water Heating System
  • Colonial Architecture
  • More Than Two Accessible Exits
  • 4-minute walk to Crystal Park

About This Home

As of November 2019

Attention Investors!! Income producing brick 2-unit within walking distance to the heart of downtown Lancaster! This all brick home features 2 fully rented units with a large back yard & off street parking, 30 year shingles, gas heat & nicely remodeled interior with fresh paint and new flooring in some areas. Make an appointment to see it today!

Last Agent to Sell the Property

Jeffrey Walton

(717) 475-0513 jeff.walton@cbhomes.com Coldwell Banker Realty License #RS323926 Listed on: 07/16/2019

Coldwell Banker Realty

Last Buyer's Agent

Calvin Yoder

(717) 413-0744 calyoder@kw.com Keller Williams Elite License #RM423455

Keller Williams Elite

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot
  • Ground Rent
  • Property is in very good condition

Parking

  • Off-Street Parking

Home Design

  • 2,002 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Masonry

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

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

Utilities

  • Hot Water Heating System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Gas Oven or Range
  • More Than Two Accessible Exits

Listing and Financial Details

  • The owner pays for insurance, sewer, water, trash collection
  • Assessor Parcel Number 338-86664-0-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Insurance Expense $1,300
  • Trash Expense $430

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Oven/Range - Gas
  • Flooring Type: Carpet, Vinyl
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Total Sq Ft: 2002
  • Living Area Sq Ft: 2002
  • Price Per Sq Ft: 64.89
  • Above Grade Finished Sq Ft: 2002
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Masonry
  • Exterior Features: Fire Escape, Sidewalks
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Pest Control Expense: 250.00
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 84700.00
  • Land Assessed Value: 16000.00
  • Lot Features: Level
  • Lot Size Acres: 0.17
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.00
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: Yes
  • Number Of Units Month To Month: 2
  • Owner Pays: Insurance, Sewer, Water, Trash Collection
  • Total Actual Rent: 17940.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4070606
  • School Tax: 2203.00
  • Tax Annual Amount: 3674.00
  • Assessor Parcel Number: 338-86664-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2020

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2023
Sold by
Soca Housing Llc
Bought by
Chestnut Housing Corporation
Current Estimated Value
$248,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Outstanding Balance
$122,315
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$119,522

Purchase Details

Listed on
Jul 16, 2019
Closed on
Nov 20, 2019
Sold by
Kopp Janson K
Bought by
Soca Housing Llc
Seller's Agent
Jeffrey Walton
Coldwell Banker Realty
Buyer's Agent
Calvin Yoder
Keller Williams Elite
List Price
$141,000
Sold Price
$120,000
Premium/Discount to List
-$21,000
-14.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.28%

Purchase Details

Listed on
Aug 29, 2013
Closed on
Apr 11, 2014
Sold by
Stoltzfus Emanuel J
Bought by
Kopp Janson K
Seller's Agent
Connie Schnetzka
Charles & Associates RE
List Price
$122,500
Sold Price
$110,000
Premium/Discount to List
-$12,500
-10.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.56%
Original Mortgage
$82,500
Interest Rate
4.37%
Mortgage Type
New Conventional
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
Chestnut Housing Corporation $180,000 --
Soca Housing Llc $120,000 None Available
Kopp Janson K $110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chestnut Housing Corporation $126,000
Previous Owner Kopp Janson K $82,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/27/2019 11/27/19 Sold $120,000 -7.6% $60 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
10/03/2019 10/03/19 Price Changed $129,900 -4.4% $65 / Sq Ft
08/31/2019 08/31/19 Price Changed $135,900 -3.6% $68 / Sq Ft
07/16/2019 07/16/19 For Sale $141,000 +28.2% $70 / Sq Ft
04/11/2014 04/11/14 Sold $110,000 -10.2% $55 / Sq Ft View Prior Sale
02/18/2014 02/18/14 Pending -- -- --
08/29/2013 08/29/13 For Sale $122,500 -- $61 / 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 $3,985 $100,700 $16,000 $84,700
2024 $3,985 $100,700 $16,000 $84,700
2023 $3,918 $100,700 $16,000 $84,700
2022 $3,755 $100,700 $16,000 $84,700
2021 $3,674 $100,700 $16,000 $84,700
2020 $3,674 $100,700 $16,000 $84,700
2019 $3,619 $100,700 $16,000 $84,700
2018 $2,148 $100,700 $16,000 $84,700
2017 $3,376 $73,500 $15,200 $58,300
2016 $3,345 $73,500 $15,200 $58,300
2015 $1,305 $73,500 $15,200 $58,300
2014 $2,919 $73,500 $15,200 $58,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA136844

Bright MLS

APN: 338-86664-0-0000