NOT LISTED FOR SALE

45 S Lime St Lancaster, PA 17602

Mussertown Neighborhood

Estimated Value: $232,000 - $348,000

-- Bed
3 Baths
1,664 Sq Ft
$172/Sq Ft Est. Value

Last Sold September 05, 2018

Last sale price $148,000 $89 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,948/month

92 Days on Market

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • Historic Home
  • No HOA
  • Property is in very good condition

About This Home

As of September 2018

Lancaster City three unit situated within walking distance to all Lancaster City has to offer. All units are occupied with long term tenants. Landlord pays water, sewer, trash and common electric. Building offers one off street parking space. Unit 3 rent could be increased. Amounts listed for repairs and vacancy are budgeted and are not actual annual totals.

Last Agent to Sell the Property

David Garpstas

Keller Williams Elite License #RS329082 Listed on: 05/02/2018

Keller Williams Elite

Last Buyer's Agent

Meisha Sams

Berkshire Hathaway HomeServices Homesale Realty License #RS335041

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 1,307 Sq Ft Lot
  • Historic Home
  • Property is in very good condition

Home Design

  • Triplex
  • Converted Dwelling
  • Stone Foundation
  • Plaster Walls
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 1,664 Sq Ft Home
  • Wood Flooring

Basement

  • Partial Basement
  • Exterior Basement Entry

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for advertising/licenses and permits, common area maintenance, electricity, insurance, repairs, sewer, real estate taxes, trash collection, water
  • Assessor Parcel Number 333-25412-0-0000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 2-Story Building

Building Details

  • Income includes apartment rentals
  • Insurance Expense $795
  • Maintenance Expense $2,088
  • Other Expense $5,504
  • Trash Expense $620
  • Operating Expense $9,157
  • Gross Income $19,836
  • Net Operating Income $10,679

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Exclusions: All tenant Supplied appliances and window AC units
  • Historic: Yes
  • Home Warranty: No
  • Inclusions: All Landlord Supplied Appliances.
  • New Construction: No
  • Other Expense: 5504.11
  • Expected On Market: 2018-05-02
  • Year Built: 1890
  • Remarks Public: Lancaster City three unit situated within walking distance to all Lancaster City has to offer. All units are occupied with long term tenants. Landlord pays water, sewer, trash and common electric. Building offers one off street parking space. Unit 3 rent could be increased. Amounts listed for repairs and vacancy are budgeted and are not actual annual totals.
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Partial, Outside Entrance
  • Total Sq Ft: 1664
  • Living Area Sq Ft: 1664
  • Price Per Sq Ft: 105.17
  • Above Grade Finished Sq Ft: 1664
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 45

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Vinyl Siding
  • Construction Completed: No
  • Roof: Unknown
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Gravel Driveway
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Monthly Average Electric: 35
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas, Electric
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 125
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 50800.00
  • Land Assessed Value: 106100.00
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Property Condition: Very Good, Below Average
  • Year Assessed: 2018
  • Zoning: RESIDENTIAL
  • Zoning Description: Three Family Dwelling

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 3
  • Owner Pays: Advertising/Licenses And Permits, Common Area Maintenance, Electricity, Insurance, Repairs, Sewer, Taxes - Real Estate, Trash Collection, Water
  • Total Actual Rent: 20880.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4057246
  • School Tax: 2491.00
  • Tax Annual Amount: 4081.00
  • Assessor Parcel Number: 333-25412-0-0000
  • Tax Total Finished Sq Ft: 1664
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 09/05/2018

Multi Family

  • Gross Income: 19836.00
  • Gross Scheduled Income: 19836.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 9157.00
  • Single Room Units Count: 2
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2018
Closed on
Aug 29, 2018
Sold by
Conduit Properties Llc
Bought by
Baker Thomas Charles and Baker Coty Amanda
Seller's Agent
David Garpstas
Keller Williams Elite
Buyer's Agent
Meisha Sams
Berkshire Hathaway HomeServices Homesale Realty
List Price
$175,000
Sold Price
$148,000
Premium/Discount to List
-$27,000
-15.43%
Current Estimated Value
$287,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,031
Avg. Annual Appreciation
9.99%
Original Mortgage
$111,000
Outstanding Balance
$97,980
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$188,878

Purchase Details

Closed on
Dec 24, 2008
Sold by
Santaniello Stephen A
Bought by
Conduit Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2005
Sold by
Young Steven E
Bought by
Santaniello Stephan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
5.78%
Mortgage Type
Fannie Mae Freddie Mac
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
Baker Thomas Charles $148,000 None Available
Conduit Properties Llc $112,000 Manito Title Insurance Co
Santaniello Stephan A $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Thomas Charles $111,000
Previous Owner Conduit Properties Llc $95,200
Previous Owner Santaniello Stephan A $84,800
Previous Owner Huynh Hoa Cuc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2018 09/05/18 Sold $148,000 0.0% $89 / Sq Ft
08/02/2018 08/02/18 Pending -- -- --
08/01/2018 08/01/18 Off Market $148,000 -- --
05/02/2018 05/02/18 For Sale $175,000 -- $105 / 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 $4,622 $116,800 $10,700 $106,100
2023 $4,544 $116,800 $10,700 $106,100
2022 $4,355 $116,800 $10,700 $106,100
2021 $4,261 $116,800 $10,700 $106,100
2020 $4,261 $116,800 $10,700 $106,100
2019 $4,198 $116,800 $10,700 $106,100
2018 $2,491 $116,800 $10,700 $106,100
2017 $2,935 $63,900 $13,100 $50,800
2016 $2,908 $63,900 $13,100 $50,800
2015 $1,135 $63,900 $13,100 $50,800
2014 $2,538 $63,900 $13,100 $50,800
Source: Public Records

Agents Affiliated with this Home

  • David Garpstas

    Seller's Agent in 2018

    David Garpstas

    Keller Williams Elite

    (717) 208-0253

    1 in this area

    17 Total Sales

    Section Image
  • Meisha Sams

    Buyer's Agent in 2018

    Meisha Sams

    Berkshire Hathaway HomeServices Homesale Realty

    (717) 341-0529

    28 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: 1000446528

Bright MLS

APN: 333-25412-0-0000

Pennsylvania Lancaster County Lancaster 17602 Mussertown

45 S Lime St, Lancaster, PA

This home is located at 45 S Lime St, Lancaster, PA 17602 since 02 May 2018 and is currently estimated at $287,031, approximately $172 per square foot. This property was built in 1890. 45 S Lime St is a home located in Lancaster County with nearby schools including King Elementary School, McCaskey High School, and Reynolds Middle School.

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