NOT LISTED FOR SALE

45 W Liberty St Lancaster, PA 17603

Ross Neighborhood

Estimated Value: $642,616 - $668,000

-- Bed
-- Bath
3,000 Sq Ft
$218/Sq Ft Est. Value

Last Sold October 30, 2014

Last sale price $225,000 $75 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $3,891/month

59 Days on Market

Highlights

  • No HOA
  • Brecht Elementary School Rated A-
  • Baseboard Heating

About This Home

As of October 2014

Great multi-unit property located at the entrance of Lancaster City, but still recognized a a Manheim Twp property.This property cash flows nicely with approx, $2000 in residential rents(4) and $1000 from Commercial tenant.Gross Income of $36000 per year.Low taxes on building and only water/sewer/insurance paid by owner.

Last Buyer's Agent

Lance Lopez

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,102

Lot Details

  • 1,742 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Rubber Roof

Basement

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

Schools

  • Manheim Township Middle School
  • Manheim Township High School

Utilities

  • Baseboard Heating
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for heat, electricity
  • Assessor Parcel Number 3905625000000

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Income includes apartment rentals, professional offices
  • Electric Expense $200
  • Insurance Expense $1,000
  • Other Expense $480
  • Operating Expense $2,880
  • Net Operating Income $29,718

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,102

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Other Expense: 480.00
  • Storage: Basement
  • Remarks Public: Great multi-unit property located at the entrance of Lancaster City, but still recognized a a Manheim Twp property.This property cash flows nicely with approx, $2000 in residential rents(4) and $1000 from Commercial tenant.Gross Income of $36000 per year.Low taxes on building and only water/sewer/insurance paid by owner.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Full, Walkout Level
  • Street Number Modifier: 45

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Fire Escape
  • 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: Off Street

Utilities

  • Central Air Conditioning: No
  • Electric Expense: 200.00
  • Electric Service: 200+ Amp Service
  • Heating Type: Electric, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1200.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MANHEIM TOWNSHIP
  • Middle School: MANHEIM TOWNSHIP
  • High School: MANHEIM TOWNSHIP
  • School District Key: 300200396862
  • High School: MANHEIM TOWNSHIP
  • Middle Or Junior School: MANHEIM TOWNSHIP

Lot Info

  • Lot Size Acres: 0.04
  • Zoning Description: Commercial,Res/Multi-Family
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 4094061
  • School Tax: 2309.61
  • Tax Annual Amount: 3101.95
  • Assessor Parcel Number: 3905625000000
  • County Tax Payment Frequency: Annually
  • Close Date: 10/30/2014

Multi Family

  • Gross Income: 35700.00
  • Income Includes: Apartment Rentals, Professional Offices
  • Operating Expense: 2880.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: MANHEIM TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2021
Sold by
Thelo Llc
Bought by
Mohmood Mujtaba and Zainal Iva
Current Estimated Value
$655,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
3.01%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 13, 2012
Sold by
Perrone Julio C and Perrone Grace
Bought by
Perrone Eric A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 24, 2007
Sold by
Perrone Eric A and Perrone Jamie E
Bought by
Perrone Julio C and Perrone Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,939
Interest Rate
6.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 8, 2005
Sold by
Perrone Julio
Bought by
Perrone Eric A and Perrone Jamie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 1999
Sold by
Sambunaris Angelo and Sambunaris Victoria L
Bought by
Thomas William G and Stroman Alan H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Mohmood Mujtaba $500,000 Keystone Title Services
Perrone Eric A $230,000 None Available
Perrone Julio C $168,000 None Available
Perrone Eric A $170,890 --
Thomas William G $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahmood Mujtaba $403,557
Closed Mahmood Mujtaba $425,000
Previous Owner Perrone Eric A $43,500
Previous Owner Perrone Eric A $184,000
Previous Owner Perrone Julio C $196,939
Previous Owner Perrone Julio C $25,000
Previous Owner Perrone Eric A $30,000
Previous Owner Perrone Eric A $175,000
Previous Owner Thomas William G $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2014 10/30/14 Sold $225,000 -10.0% $75 / Sq Ft
09/18/2014 09/18/14 Pending -- -- --
07/21/2014 07/21/14 For Sale $249,900 -- $83 / 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 $3,847 $177,800 $92,800 $85,000
2023 $3,747 $177,800 $92,800 $85,000
2022 $3,684 $177,800 $92,800 $85,000
2021 $3,601 $177,800 $92,800 $85,000
2020 $3,601 $177,800 $92,800 $85,000
2019 $3,567 $177,800 $92,800 $85,000
2018 $2,687 $177,800 $92,800 $85,000
2017 $3,153 $123,900 $53,100 $70,800
2016 $3,153 $123,900 $53,100 $70,800
2015 $792 $123,900 $53,100 $70,800
2014 $2,310 $123,900 $53,100 $70,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Buyer's Agent in 2014

    Lance Lopez

    Coldwell Banker Realty

    (717) 917-0362

    1 in this area

    11 Total Sales

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Map

Source: Bright MLS

MLS Number: 1002732931

Bright MLS

APN: 390-56250-0-0000

Pennsylvania Lancaster County Lancaster 17603 Ross

45 W Liberty St, Lancaster, PA

This home is located at 45 W Liberty St, Lancaster, PA 17603 since 21 July 2014 and is currently estimated at $655,308, approximately $218 per square foot. 45 W Liberty St is a home located in Lancaster County with nearby schools including Brecht Elementary School, Landis Run Intermediate School, and Manheim Township Middle School.

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