NOT LISTED FOR SALE
Studio
-- Bath
1,165 Sq Ft
3,049 Sq Ft Lot

Last Sold August 23, 2017

Last sale price $220,000 $189 Per Sq Ft

Highlights

  • No HOA
  • Baseboard Heating
  • Property is in very good condition

About This Home

As of August 2017

Fully Leased-Licensed 4 Unit Apartment Building Featuring (1) Eff & (3) 1Br Units. All have Modern Kitchens & Baths. Units #2 & #3 have New Replacement Windows in 2017. Rear Rubber Roof in 2017. New Vinyl Siding on rear 2 stories in 2017. Electric Baseboard Heat installed in 2010. Rents need raised when long term tenants move out. Landlord pays Sewer/Water/Trash & Gas Hot Water. Tenants pay Heat, Electric & Gas. Sellers are PA Licensed RE Brokers.

Last Agent to Sell the Property

Brad Gearhart

bradgearhart@comcast.net City Limits Listed on: 05/13/2017

Last Buyer's Agent

Brad Gearhart

bradgearhart@comcast.net City Limits Listed on: 05/13/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,073

Lot Details

  • 3,049 Sq Ft Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Composition Roof
  • Rubber Roof
  • Metal Roof
  • Vinyl Siding

Attic

  • Storage In Attic

Unfinished Basement

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

Utilities

  • Baseboard Heating
  • 200+ Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for heat, electricity
  • Assessor Parcel Number 334-22365-0-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Income includes apartment rentals
  • Electric Expense $389
  • Fuel Expense $558
  • Insurance Expense $640
  • Other Expense $200
  • Trash Expense $840
  • Operating Expense $3,959
  • Net Operating Income $20,196

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,073

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Other Expense: 200.00
  • Storage: Attic, Basement
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Full, Outside Entrance, Unfinished

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Construction Completed: No
  • Roof: Composite, Shingle, Metal, 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
  • Electric Expense: 389.00
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1332.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Lot Size Acres: 0.07
  • Property Condition: Very Good
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Heat, Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4057934
  • School Tax: 1856.96
  • Tax Annual Amount: 3072.87
  • Assessor Parcel Number: 334-22365-0-0000
  • County Tax Payment Frequency: Annually

Multi Family

  • Fuel Expense: 558.00
  • Gross Income: 27228.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 3959.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

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

Date Event Price List to Sale Price per Sq Ft
08/23/2017 08/23/17 Sold $220,000 -8.3% $189 / Sq Ft
05/13/2017 05/13/17 Pending -- -- --
05/13/2017 05/13/17 For Sale $240,000 -- $206 / Sq Ft
Source: Bright MLS

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 $3,724 $94,100 $30,200 $63,900
2024 $3,724 $94,100 $30,200 $63,900
2023 $3,661 $94,100 $30,200 $63,900
2022 $3,508 $94,100 $30,200 $63,900
2021 $3,433 $94,100 $30,200 $63,900
2020 $3,433 $94,100 $30,200 $63,900
2019 $3,382 $94,100 $30,200 $63,900
2018 $2,007 $94,100 $30,200 $63,900
2016 $3,045 $66,900 $24,200 $42,700
2015 $1,188 $66,900 $24,200 $42,700
2014 $2,657 $66,900 $24,200 $42,700
Source: Public Records

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Map

Source: Bright MLS

MLS Number: 1002741113

Bright MLS

APN: 334-22365-0-0000

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