NOT LISTED FOR SALE

Estimated Value: $130,000 - $201,000

3 Beds
1 Bath
1,072 Sq Ft
$148/Sq Ft Est. Value

Last Sold January 25, 2021

Last sale price $75,000 $70 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $949/month

68 Days on Market

Highlights

  • Traditional Architecture
  • Double Pane Windows
  • Forced Air Heating System
  • No HOA
  • More Than Two Accessible Exits
  • Dwelling with Rental

About This Home

As of January 2021

Well kept brick corner end of row semi-detached in Lancaster City. 3 bedrooms, 1 bath. Bathroom renovated 2018, new fence, some new vinyl flooring. Tenant occupied. Rent $715.00 month to month. 501 & 503 North Street are semi-detached and can be bought together.

Last Agent to Sell the Property

Spencer Speros

(717) 431-0858 ssperos@comcast.net A' La Carte Real Estate Svcs License #RM421936 Listed on: 10/09/2020

Last Buyer's Agent

Ashley Corbett

(717) 779-7220 ashley.corbett5@gmail.com Keller Williams Elite License #5014902

Keller Williams Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,295

Year Built

  • Built in 1900 | Remodeled in 2018

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 80x18
  • Level Lot
  • Back Yard
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Side-by-Side
  • Dwelling with Rental
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Composition Roof
  • Masonry

Interior Spaces

  • 1,072 Sq Ft Home
  • Double Pane Windows
  • Dining Area
  • Partial Basement
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Utilities

  • Forced Air Heating System
  • 100 Amp Service
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Urban Location

Listing and Financial Details

  • The owner pays for insurance
  • Assessor Parcel Number 337-98007-0-0000

Community Details

Overview

  • No Home Owners Association
  • 3-Story Building

Building Details

  • Income includes apartment rentals
  • Operating Expense $2,484
  • Gross Income $8,769
  • Net Operating Income $6,285

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,295

Year Built

Built in 1900 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Dwelling With Rental, Side-By-Side, Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: ANYTHING BELONGING TO TENNANT
  • Home Warranty: No
  • Inclusions: OVEN/RANGE
  • New Construction: No
  • Year Built: 1900
  • Year Renovated: 2018
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Dining Area
  • Window Features: Double Pane
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Partial, Poured Concrete
  • Total Sq Ft: 1072
  • Living Area Sq Ft: 1072
  • Price Per Sq Ft: 83.86
  • Above Grade Finished Sq Ft: 1072
  • 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: Composite, 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
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 29200.00
  • Land Assessed Value: 5900.00
  • Lot Features: Level, Rear Yard
  • Lot Size Acres: 0.03
  • Lot Dimensions: 80X18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Property Condition: Good
  • Zoning: RESIDENTIAL
  • Zoning Description: Residential

Rental Info

  • Existing Lease Type: Month To Month
  • Owner Pays: Insurance
  • Rent Control: No
  • Total Actual Rent: 8769.00
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4066133
  • School Tax: 782.00
  • Tax Annual Amount: 1295.00
  • Assessor Parcel Number: 337-98007-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

Multi Family

  • Gross Income: 8769.00
  • Gross Scheduled Income: 8769.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 2484.00

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2023
Sold by
Briceno Diego and Briceno Jessica S
Bought by
Araujo Moreta Andres
Current Estimated Value
$158,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,822
Outstanding Balance
$163,542
Interest Rate
7.12%
Mortgage Type
FHA
Estimated Equity
-$5,026

Purchase Details

Listed on
Oct 9, 2020
Closed on
Jan 25, 2021
Sold by
Leroys Real Estate Llc
Bought by
Briceno Diego and Briceno Jessica S
Seller's Agent
Spencer Speros
A' La Carte Real Estate Svcs
Buyer's Agent
Ashley Corbett
Keller Williams Elite
List Price
$95,000
Sold Price
$75,000
Premium/Discount to List
-$20,000
-21.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.61%
Original Mortgage
$52,500
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2018
Sold by
King Jacob K
Bought by
Leroy S Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Nov 15, 2017
Closed on
Apr 20, 2018
Sold by
Sag Associates Llc
Bought by
King Jacob K
Seller's Agent
Andy Esbenshade
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Ron Mummau
Berkshire Hathaway HomeServices Homesale Realty
List Price
$37,000
Sold Price
$35,000
Premium/Discount to List
-$2,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.83%
Original Mortgage
$30,000
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2007
Sold by
Mathews Donnie W and Mathews Winifred K
Bought by
S A G Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,325
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
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
Araujo Moreta Andres $169,900 None Listed On Document
Briceno Diego $75,000 None Available
Leroy S Real Estate Llc $125,000 Bb&T Insurance Services Inc
King Jacob K $35,000 Abstract Associates Of Lanca
S A G Associates Llc $520,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Araujo Moreta Andres $166,822
Previous Owner Briceno Diego $52,500
Previous Owner Leroy S Real Estate Llc $100,000
Previous Owner King Jacob K $30,000
Previous Owner S A G Associates Llc $522,325
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/25/2021 01/25/21 Sold $75,000 -16.6% $70 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
11/10/2020 11/10/20 Price Changed $89,900 -5.4% $84 / Sq Ft
10/09/2020 10/09/20 For Sale $95,000 +171.4% $89 / Sq Ft
04/16/2018 04/16/18 Sold $35,000 -5.4% $33 / Sq Ft View Prior Sale
03/16/2018 03/16/18 Pending -- -- --
11/15/2017 11/15/17 For Sale $37,000 -- $35 / 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 $1,389 $35,100 $5,900 $29,200
2024 $1,389 $35,100 $5,900 $29,200
2023 $1,366 $35,100 $5,900 $29,200
2022 $1,309 $35,100 $5,900 $29,200
2021 $1,281 $35,100 $5,900 $29,200
2020 $1,281 $35,100 $5,900 $29,200
2019 $1,261 $35,100 $5,900 $29,200
2017 $1,378 $30,000 $5,600 $24,400
2016 $1,793 $39,400 $5,600 $33,800
2015 $700 $39,400 $5,600 $33,800
2014 $1,565 $39,400 $5,600 $33,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA171650

Bright MLS

APN: 337-98007-0-0000