NOT LISTED FOR SALE

Estimated Value: $317,000 - $412,000

Studio
2 Baths
2,649 Sq Ft
$138/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $300,000 $113 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,380/month

22 Days on Market

Highlights

  • Traditional Architecture
  • Replacement Windows
  • Hot Water Baseboard Heater
  • Wood Flooring

About This Home

As of September 2024

One investor's delayed renovations can be another investor's opportunity. This is a large 2 unit property in an ideal location of Lancaster City. Easy access to downtown attractions and close proximity to Lancaster General Hospital. The first floor unit has large living room, 1 bedroom, kitchen and full bath. The second floor unit has 3 bedrooms, 1 common room, large eat in kitchen and 1 full bath. Large yard and small patio access as well as plenty of basement storage space. There are many opportunities for upgrades and conversions. Off street parking is available in the Lancaster Parking Authority's Lot across the street at 424 N. Queen.
**Property needs renovations to be completed-- Property is being sold AS IS**

Last Agent to Sell the Property

Brian Altimare

(717) 299-3433 john@puffermorris.com Puffer Morris Real Estate, Inc. License #RS338080 Listed on: 07/03/2024

Last Buyer's Agent

Brian Altimare

(717) 299-3433 john@puffermorris.com Puffer Morris Real Estate, Inc. License #RS338080 Listed on: 07/03/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,705

Year Built

  • Built in 1900 | Remodeled in 2018

Lot Details

  • 3,049 Sq Ft Lot
  • Property is in average condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Rubber Roof
  • Stick Built Home

Interior Spaces

  • 2,649 Sq Ft Home
  • Replacement Windows
  • Wood Flooring

Basement

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

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • 100 Amp Service
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 336-54271-0-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,705

Year Built

Built in 1900 | Remodeled in 2018

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-07-03
  • Year Built: 1900
  • Year Renovated: 2018
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood
  • Window Features: Replacement
  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Full, Rear Entrance
  • Total Sq Ft: 2649
  • Living Area Sq Ft: 2649
  • Price Per Sq Ft: 151.00
  • Above Grade Finished Sq Ft: 2649
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Stick Built
  • 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
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Property Condition: Average
  • Zoning: MIXED USE MU

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 3463.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 5705.00
  • Assessor Parcel Number: 336-54271-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

Multi Family

  • 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
Jul 3, 2024
Closed on
Aug 20, 2024
Sold by
445 North Queen Llc
Bought by
Queen St Llc
Seller's Agent
Brian Altimare
Puffer Morris Real Estate, Inc.
Buyer's Agent
Brian Altimare
Puffer Morris Real Estate, Inc.
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%
Views
47
Current Estimated Value
$365,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,911
Avg. Annual Appreciation
14.47%
Original Mortgage
$297,500
Interest Rate
6.46%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 18, 2022
Closed on
Apr 20, 2022
Sold by
B & E Wolf Llc
Bought by
445 North Queen Llc
Seller's Agent
Mick Kalata
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Brian Altimare
Puffer Morris Real Estate, Inc.
List Price
$299,900
Sold Price
$333,000
Premium/Discount to List
$33,100
11.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.19%

Purchase Details

Closed on
Mar 31, 2016
Sold by
Simeunovic Vladislav D
Bought by
B & E Wolf Llc

Purchase Details

Closed on
Feb 22, 2002
Sold by
Aames Funding Corp
Bought by
Simeunovic Vladislav D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.85%

Purchase Details

Closed on
May 23, 2001
Sold by
Pozza Robert E and Pozza Martha J
Bought by
Aames Funding Corp and Aames Home Loan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Queen St Llc $300,000 None Listed On Document
445 North Queen Llc $333,000 None Listed On Document
B & E Wolf Llc $135,000 None Available
Simeunovic Vladislav D $37,500 --
Aames Funding Corp $2,680 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Queen St Llc $297,500
Previous Owner Simeunovic Vladislav D $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2024 09/27/24 Sold $300,000 -25.0% $113 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
07/06/2024 07/06/24 Price Changed $400,000 +14.3% $151 / Sq Ft
07/03/2024 07/03/24 For Sale $350,000 +5.1% $132 / Sq Ft
04/20/2022 04/20/22 Sold $333,000 +11.0% $126 / Sq Ft View Prior Sale
03/23/2022 03/23/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $299,900 -- $113 / 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 $5,706 $144,200 $30,100 $114,100
2024 $5,706 $144,200 $30,100 $114,100
2023 $5,610 $144,200 $30,100 $114,100
2022 $5,376 $144,200 $30,100 $114,100
2021 $5,261 $144,200 $30,100 $114,100
2020 $5,261 $144,200 $30,100 $114,100
2019 $5,182 $144,200 $30,100 $114,100
2018 $3,075 $144,200 $30,100 $114,100
2017 $4,116 $89,600 $15,800 $73,800
2016 $4,078 $89,600 $15,800 $73,800
2015 $1,591 $89,600 $15,800 $73,800
2014 $3,559 $89,600 $15,800 $73,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2053292

Bright MLS

APN: 336-54271-0-0000

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