NOT LISTED FOR SALE

441 S Shippen St Lancaster, PA 17602

Stevens Neighborhood

Estimated Value: $233,000 - $239,000

-- Bed
2 Baths
1,498 Sq Ft
$158/Sq Ft Est. Value

Last Sold April 24, 2013

Last sale price $92,769 $62 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $1,608/month

247 Days on Market

Highlights

  • 0.08 Acre Lot
  • No HOA
  • Baseboard Heating

About This Home

As of April 2013

Tenants pay their own utilities. Owner pays W/S/T. Off street parking. Main roof 2003. Flat rubber roof 2008. Great return on this investment. Units in very good condition and recently renovated.

Last Agent to Sell the Property

Nikki Macias

Cavalry Realty LLC License #R223217L Listed on: 07/02/2012

Co-Listed By

Nathan Mountain

Mountain Realty ERA Powered License #RM421222

Last Buyer's Agent

MICHAEL VAVRECK

United Real Estate Strive 212

United Real Estate Strive 212

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1888

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 28 x 126

Home Design

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

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Parking

  • 3 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Schools

  • Mccaskey Campus High School

Utilities

  • Baseboard Heating
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for heat, hot water, electricity
  • Assessor Parcel Number 337-30279-0-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lancaster Subdivision

Building Details

  • Income includes apartment rentals
  • Insurance Expense $520
  • Other Expense $100
  • Trash Expense $400
  • Operating Expense $1,620
  • Net Operating Income $12,313

Property Details

Home Type

Multi-Family

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Other Expense: 100.00
  • Year Built: 1888
  • Remarks Public: Tenants pay their own utilities. Owner pays W/S/T. Off street parking. Main roof 2003. Flat rubber roof 2008. Great return on this investment. Units in very good condition and recently renovated.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Full, Unfinished, Walkout Level
  • Street Number Modifier: 441

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Fire Escape
  • Roof: Composite, Shingle, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Spaces Total: 3.00
  • Type Of Parking: Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 600.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 28 x 126
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 4064155
  • School Tax: 1507.30
  • Tax Annual Amount: 2507.09
  • Assessor Parcel Number: 337-30279-0-0000
  • County Tax Payment Frequency: Annually
  • Close Date: 04/24/2013

Multi Family

  • Gross Income: 16440.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 1620.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2012
Closed on
Apr 23, 2013
Sold by
Lopez Fredy
Bought by
Mong Megan L
Seller's Agent
Nikki Macias
Cavalry Realty LLC
Buyer's Agent
MICHAEL VAVRECK
United Real Estate Strive 212
List Price
$94,900
Sold Price
$92,769
Premium/Discount to List
-$2,131
-2.25%
Current Estimated Value
$240,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,201
Avg. Annual Appreciation
7.80%
Original Mortgage
$91,088
Outstanding Balance
$64,112
Interest Rate
2.95%
Mortgage Type
FHA
Estimated Equity
$169,547

Purchase Details

Closed on
May 30, 2006
Sold by
Wolf John D
Bought by
Lopez Fredy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 29, 2001
Sold by
Hitchens Dean C
Bought by
Wolf John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,969
Interest Rate
6.85%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 2, 2000
Sold by
Hitchens Dean C and Hitchens Deborah S
Bought by
Hitchens Dean C

Purchase Details

Closed on
Jan 20, 2000
Sold by
Dagen Vincent R and Quidort David G
Bought by
Hitchens Dean C and Hitchens Deborah S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,900
Interest Rate
10.75%
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
Mong Megan L $92,769 None Available
Lopez Fredy $75,000 None Available
Wolf John D $67,500 --
Hitchens Dean C -- --
Hitchens Dean C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mong Megan L $91,088
Previous Owner Lopez Fredy $59,301
Previous Owner Lopez Fredy $60,000
Previous Owner Wolf John D $66,969
Previous Owner Hitchens Dean C $42,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2013 04/24/13 Sold $92,769 -2.2% $62 / Sq Ft
03/06/2013 03/06/13 Pending -- -- --
07/02/2012 07/02/12 For Sale $94,900 -- $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
2024 $3,462 $87,500 $10,600 $76,900
2023 $3,404 $87,500 $10,600 $76,900
2022 $3,262 $87,500 $10,600 $76,900
2021 $3,192 $87,500 $10,600 $76,900
2020 $3,192 $87,500 $10,600 $76,900
2019 $3,145 $87,500 $10,600 $76,900
2018 $1,429 $87,500 $10,600 $76,900
2017 $2,738 $59,600 $9,500 $50,100
2016 $2,713 $59,600 $9,500 $50,100
2015 $1,058 $59,600 $9,500 $50,100
2014 $1,940 $59,600 $9,500 $50,100
Source: Public Records

Agents Affiliated with this Home

  • Nikki Macias

    Seller's Agent in 2013

    Nikki Macias

    Cavalry Realty LLC

    (717) 575-2792

    11 in this area

    162 Total Sales

    Section Image
  • Nathan Mountain

    Seller Co-Listing Agent in 2013

    Nathan Mountain

    Mountain Realty ERA Powered

    (717) 572-7423

    124 Total Sales

    Section Image

  • M

    Buyer's Agent in 2013

    MICHAEL VAVRECK

    United Real Estate Strive 212

    Section Image
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Map

Source: Bright MLS

MLS Number: 1002726149

Bright MLS

APN: 337-30279-0-0000

Pennsylvania Lancaster County Lancaster 17602 Stevens

441 S Shippen St, Lancaster, PA

This home is located at 441 S Shippen St, Lancaster, PA 17602 since 02 July 2012 and is currently estimated at $235,975, approximately $157 per square foot. This property was built in 1888. 441 S Shippen St is a home located in Lancaster County with nearby schools including King Elementary School, Lincoln Middle School, and McCaskey High School.

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