NOT LISTED FOR SALE

Estimated Value: $117,000 - $175,385

3 Beds
1 Bath
1,184 Sq Ft
$126/Sq Ft Est. Value

Last Sold January 25, 2021

Last sale price $75,000 $63 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $909/month

64 Days on Market

Highlights

  • City View
  • No HOA
  • Forced Air Heating System
  • Traditional Architecture
  • Formal Dining Room
  • Playground

About This Home

As of January 2021

Well kept 2-1/2 story brick semi-detached rental property in Lancaster City. Renovations done in 2018.. Some new flooring, new bedroom with heater on 3rd floor, new kitchen cabinets, updated capped windows. Tenant occupied. Rent $975 ONE YEAR LEASE. 501 and 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: 10/13/2020

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

  • $1,391

Year Built

  • Built in 1900 | Remodeled in 2018

Lot Details

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

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Side-by-Side
  • Dwelling with Rental
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof
  • Stick Built Home
  • Masonry

Interior Spaces

  • 1,184 Sq Ft Home
  • Replacement Windows
  • Insulated Windows
  • Window Screens
  • Formal Dining Room
  • City Views
  • Electric Oven or Range

Flooring

  • Laminate
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Dirt Floor

Utilities

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

Additional Features

  • Playground
  • Urban Location

Listing and Financial Details

  • The owner pays for insurance
  • Assessor Parcel Number 337-96692-0-0000

Community Details

Overview

  • No Home Owners Association
  • 3-Story Building

Building Details

  • Operating Expense $2,899
  • Gross Income $11,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,391

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
  • Ownership: Fee Simple
  • Exclusions: Anything belonging to tenant
  • 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: Oven/Range - Electric
  • Flooring Type: Laminated, Vinyl
  • Interior Amenities: Formal/Separate Dining Room
  • Window Features: Insulated, Replacement, Screens
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Unfinished, Dirt Floor
  • Total Sq Ft: 1184
  • Living Area Sq Ft: 1184
  • Price Per Sq Ft: 75.93
  • Above Grade Finished Sq Ft: 1184
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Masonry, Stick Built
  • Exterior Features: Sidewalks, Play Area, Street Lights
  • Roof: Composite, Shingle
  • View: City
  • 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
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 31800.00
  • Land Assessed Value: 5900.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Property Condition: Good
  • Zoning: RESIDENTIAL
  • Zoning Description: Residential

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Insurance
  • Total Actual Rent: 11700.00
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4066103
  • School Tax: 840.00
  • Tax Annual Amount: 1391.00
  • Assessor Parcel Number: 337-96692-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

Multi Family

  • Gross Income: 11700.00
  • Gross Scheduled Income: 11700.00
  • Operating Expense: 2899.00

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2021
Sold by
Briceno Diego and Briceno Jessica S
Bought by
Purple Pansy Revocable Family Trust and Smith
Current Estimated Value
$149,346

Purchase Details

Listed on
Oct 13, 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
15.19%
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

Closed on
Sep 29, 2014
Sold by
King Jacob K
Bought by
Rl Real Estate Investments Llc

Purchase Details

Closed on
Jan 14, 2014
Sold by
Sen Danee B
Bought by
King Jacob K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2005
Sold by
Allen Dwayne Shikee
Bought by
Sen Danee B

Purchase Details

Closed on
Mar 27, 2002
Sold by
Wrencher Robin Streeter
Bought by
Conseco Finance Consumer Discount Co and Green Tree Consumer Discount Co
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
Purple Pansy Revocable Family Trust -- 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 $45,000 None Available
Rl Real Estate Investments Llc $35,000 None Available
King Jacob K $20,000 None Available
Sen Danee B -- --
Conseco Finance Consumer Discount Co $2,324 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Briceno Diego $52,500
Previous Owner Leroy S Real Estate Llc $100,000
Previous Owner King Jacob K $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2021 01/25/21 Sold $75,000 -16.6% $63 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
11/10/2020 11/10/20 Price Changed $89,900 -5.4% $76 / Sq Ft
10/13/2020 10/13/20 For Sale $95,000 -- $80 / 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 $1,492 $37,700 $5,900 $31,800
2024 $1,492 $37,700 $5,900 $31,800
2023 $1,467 $37,700 $5,900 $31,800
2022 $1,406 $37,700 $5,900 $31,800
2021 $1,375 $37,700 $5,900 $31,800
2020 $1,375 $37,700 $5,900 $31,800
2019 $1,355 $37,700 $5,900 $31,800
2018 $804 $37,700 $5,900 $31,800
2017 $1,824 $39,700 $13,100 $26,600
2016 $1,807 $39,700 $13,100 $26,600
2015 $705 $39,700 $13,100 $26,600
2014 $1,577 $39,700 $13,100 $26,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA171726

Bright MLS

APN: 337-96692-0-0000