NOT LISTED FOR SALE

Estimated Value: $217,000 - $257,000

-- Bed
2 Baths
1,720 Sq Ft
$136/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $170,000 $99 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,475/month

Highlights

  • Traditional Architecture
  • Vinyl Flooring
  • 3-minute walk to Culliton Park
  • Hot Water Heating System

About This Home

As of July 2022

Fantastic opportunity to own this cash flowing two unit in the up and coming southwest area of Lancaster City! Professionally managed and fully occupied with the first floor tenant paying $725 a month and the second floor tenant paying $795 a month! The second floor apartment was recently renovated and also would have the option of finishing off the third floor for additional living space! Conveniently located within walking distance to downtown Lancaster as well as backing up to the newly revamped Culliton Park and all its amenities! Check it out today while it is still available!

Last Agent to Sell the Property

Jeffrey Zimmerman

(717) 405-5748 jeffzimmermanhomes@gmail.com Prime Home Real Estate, LLC License #AB069598 Listed on: 04/27/2022

Prime Home Real Estate, LLC

Last Buyer's Agent

Wendell Huyard

(717) 629-2227 wendell@huyardteam.com Coldwell Banker Realty License #RS298371

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,788

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Infill Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Plaster Walls
  • Pitched Roof
  • Shingle Roof
  • Rubber Roof
  • Masonry

Interior Spaces

  • 1,720 Sq Ft Home
  • Insulated Windows
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven or Range
  • Range Hood

Flooring

  • Laminate
  • Vinyl

Accessible Home Design

  • Doors are 32 inches wide or more

Utilities

  • Window Unit Cooling System
  • Radiator
  • Vented Exhaust Fan
  • Hot Water Heating System
  • 120/240V
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 338-86213-0-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,788

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2022-04-27
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Appliances: Exhaust Fan, Oven/Range - Electric, Oven/Range - Gas, Refrigerator, Range Hood, Water Heater
  • Flooring Type: Laminated, Vinyl
  • Window Features: Insulated
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1720
  • Living Area Sq Ft: 1720
  • Price Per Sq Ft: 110.41
  • Above Grade Finished Sq Ft: 1720
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Masonry
  • Road Surface Type: Black Top
  • Roof: Rubber, Pitched, 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
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 120/240V
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 60500.00
  • Land Assessed Value: 14300.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4070590
  • School Tax: 1695.00
  • Tax Annual Amount: 2788.00
  • Assessor Parcel Number: 338-86213-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jul 11, 2022
Sold by
Lapp Joshua P and Lapp Wilma R
Bought by
Investors Unlimited Llc
Seller's Agent
Jeffrey Zimmerman
Prime Home Real Estate, LLC
Buyer's Agent
Wendell Huyard
Coldwell Banker Realty
List Price
$189,900
Sold Price
$170,000
Premium/Discount to List
-$19,900
-10.48%
Current Estimated Value
$234,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,704
Avg. Annual Appreciation
10.27%
Original Mortgage
$136,000
Outstanding Balance
$129,388
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$105,316

Purchase Details

Listed on
Jul 23, 2018
Closed on
Sep 4, 2018
Sold by
Baker David C and Baker Alissa K
Bought by
Lapp Joshua P and Lapp Wilma R
Seller's Agent
David Stull
Investors Choice Real Estate
Buyer's Agent
Curvin Horning
Kingsway Realty - Ephrata
List Price
$89,000
Sold Price
$85,000
Premium/Discount to List
-$4,000
-4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.84%
Original Mortgage
$61,200
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2015
Sold by
Hetrick Norma B and Hetrick Norma
Bought by
Baker David C and Baker Alissa K
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
Investors Unlimited Llc $170,000 None Listed On Document
Lapp Joshua P $85,000 Regal Abstract Lancaster
Baker David C $59,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Investors Unlimited Llc $136,000
Previous Owner Lapp Joshua P $61,200
Closed Investors Unlimited Llc $34,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2022 07/11/22 Sold $170,000 0.0% $99 / Sq Ft
05/25/2022 05/25/22 Off Market $170,000 -- --
04/27/2022 04/27/22 For Sale $189,900 +123.4% $110 / Sq Ft
09/11/2018 09/11/18 Sold $85,000 -4.5% $49 / Sq Ft View Prior Sale
07/26/2018 07/26/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $89,000 -- $51 / 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 $2,960 $74,800 $14,300 $60,500
2024 $2,960 $74,800 $14,300 $60,500
2023 $2,910 $74,800 $14,300 $60,500
2022 $2,789 $74,800 $14,300 $60,500
2021 $2,729 $74,800 $14,300 $60,500
2020 $2,729 $74,800 $14,300 $60,500
2019 $2,688 $74,800 $14,300 $60,500
2018 $1,595 $74,800 $14,300 $60,500
2017 $3,013 $65,600 $13,400 $52,200
2016 $2,986 $65,600 $13,400 $52,200
2015 $1,165 $65,600 $13,400 $52,200
2014 $2,606 $65,600 $13,400 $52,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2016460

Bright MLS

APN: 338-86213-0-0000