NOT LISTED FOR SALE

Estimated Value: $123,000 - $196,000

-- Bed
2 Baths
1,235 Sq Ft
$127/Sq Ft Est. Value

Last Sold April 22, 2021

Last sale price $113,000 $91 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $973/month

3 Days on Market

About This Home

As of April 2021

Solid brick 2 unit. Tenant pays electric and heat. Unit 1 rent, $725/month and Unit 2 rent, $685/month.

Last Agent to Sell the Property

Curvin Horning

Kingsway Realty - Ephrata Listed on: 03/09/2021

Last Buyer's Agent

Naomi Brown

Capstone Commercial License #RM425406

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,310

Year Built

  • Built in 1925

Lot Details

  • 1,307 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,235 Sq Ft Home
  • Unfinished Basement
  • Partial Basement

Schools

  • Mccaskey Campus High School

Utilities

  • Forced Air Heating System
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for heater maintenance contract, sewer, sewer maintenance, trash collection
  • Assessor Parcel Number 337-90574-0-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $1,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,310

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Remarks Public: Solid brick 2 unit. Tenant pays electric and heat. Unit 1 rent, $725/month and Unit 2 rent, $685/month.
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Total Sq Ft: 1235
  • Living Area Sq Ft: 1235
  • Price Per Sq Ft: 91.50
  • Above Grade Finished Sq Ft: 1235
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 435

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Composite, 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: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • High School: MCCASKEY CAMPUS
  • High School Source: Listing Agent
  • School District Key: 300200397286
  • School District Source: Listing Agent
  • High School: MCCASKEY CAMPUS

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 29600.00
  • Land Assessed Value: 5900.00
  • Land Use Code: 113
  • Lot Size Acres: 0.03
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL/MULTI FAMILY
  • Zoning Description: Residential/ Multi Family

Rental Info

  • Existing Lease Type: Month To Month
  • Owner Pays: Heater Maintenance Contract, Sewer, Sewer Maintenance, Trash Collection
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4065949
  • School Tax: 791.00
  • Tax Annual Amount: 1310.00
  • Assessor Parcel Number: 337-90574-0-0000
  • Tax Total Finished Sq Ft: 1235
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/22/2021

Multi Family

  • Gross Income: 28230.20
  • Operating Expense: 1539.93
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
Apr 22, 2021
Sold by
Lapp Joshua P and Lapp Wilma R
Bought by
Novak Benjamin P and Novak Erika S
Seller's Agent
Curvin Horning
Kingsway Realty - Ephrata
Buyer's Agent
Naomi Brown
Capstone Commercial
List Price
$109,900
Sold Price
$113,000
Premium/Discount to List
$3,100
2.82%
Current Estimated Value
$157,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,355
Avg. Annual Appreciation
7.91%

Purchase Details

Listed on
Oct 3, 2017
Closed on
Feb 23, 2018
Sold by
Kennett Square Partnership Llp
Bought by
Lapp Joshua P and Lapp Wilma R
Seller's Agent
Ron Shepherd
Iron Valley Real Estate of Lancaster
Buyer's Agent
Curvin Horning
Kingsway Realty - Ephrata
List Price
$77,250
Sold Price
$70,000
Premium/Discount to List
-$7,250
-9.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.42%

Purchase Details

Closed on
Feb 5, 2009
Sold by
Redevelopment Authority Of The City Of L
Bought by
Kennett Square Partnership Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,700
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Novak Benjamin P $113,000 None Available
Lapp Joshua P $70,000 None Available
Kennett Square Partnership Llp $28,511 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kennett Square Partnership Llp $56,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2021 04/22/21 Sold $113,000 0.0% $91 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
03/12/2021 03/12/21 Price Changed $113,000 +2.8% $91 / Sq Ft
03/09/2021 03/09/21 For Sale $109,900 +57.0% $89 / Sq Ft
02/28/2018 02/28/18 Sold $70,000 -9.4% $57 / Sq Ft
02/05/2018 02/05/18 Pending -- -- --
10/03/2017 10/03/17 For Sale $77,250 -- $63 / 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 $1,405 $35,500 $5,900 $29,600
2024 $1,405 $35,500 $5,900 $29,600
2023 $1,381 $35,500 $5,900 $29,600
2022 $1,324 $35,500 $5,900 $29,600
2021 $1,295 $35,500 $5,900 $29,600
2020 $1,295 $35,500 $5,900 $29,600
2019 $1,276 $35,500 $5,900 $29,600
2017 $1,966 $42,800 $6,100 $36,700
2016 $1,948 $42,800 $6,100 $36,700
2015 $760 $42,800 $6,100 $36,700
2014 $1,700 $42,800 $6,100 $36,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA178446

Bright MLS

APN: 337-90574-0-0000