NOT LISTED FOR SALE

Estimated Value: $346,000 - $391,590

-- Bed
3 Baths
2,345 Sq Ft
$159/Sq Ft Est. Value

Last Sold June 13, 2014

Last sale price $142,000 $61 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $2,426/month

67 Days on Market

Highlights

  • No HOA
  • Radiator
  • 4-minute walk to Mayor Janice C Stork Corridor Park
  • Outdoor Storage

About This Home

As of June 2014

Great investment property close to Lancaster General Hospital. Off street parking. Laundry in basement for extra income. 2nd apartment has electric stove, other 2 apartments gas stove paid by tenants.

Last Agent to Sell the Property

Maria Heisey

(717) 330-5850 majheisey@aol.com RE/MAX SmartHub Realty License #RS273559 Listed on: 03/17/2014

RE/MAX SmartHub Realty

Last Buyer's Agent

Jacqueline Norman

(717) 560-9100 Jacqui@homesale.com RE/MAX Pinnacle License #RS322457

RE/MAX Pinnacle

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1885

Lot Details

  • 1,742

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Drainage System

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Schools

  • Mccaskey Campus High School

Utilities

  • Radiator
  • Natural Gas Water Heater

Additional Features

  • Outdoor Storage
  • 1,742 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 3393371400000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Income includes apartment rentals, laundry
  • Electric Expense $700
  • Insurance Expense $920
  • Maintenance Expense $200
  • Trash Expense $200
  • Operating Expense $4,220
  • Net Operating Income $14,038

Property Details

Home Type

Multi-Family

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Storage: Basement
  • Year Built: 1885
  • Remarks Public: Great investment property close to Lancaster General Hospital. Off street parking. Laundry in basement for extra income. 2nd apartment has electric stove, other 2 apartments gas stove paid by tenants.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Drainage System, Full, Unfinished
  • Street Number Modifier: 504

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Exterior Features: Fire Escape, Secure Storage
  • Roof: Composite, Shingle, Asphalt
  • 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

  • Annual Heating Expense: 1600.00
  • Central Air Conditioning: No
  • Electric Expense: 700.00
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 600.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • High School: MCCASKEY CAMPUS
  • School District Key: 300200397286
  • High School: MCCASKEY CAMPUS

Lot Info

  • Lot Size Acres: 0.04
  • Property Attached Yn: Yes
  • Zoning: RESIDENTIAL
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Electricity
  • Vacation Rental: No

Tax Info

  • School Tax: 2867.02
  • Tax Annual Amount: 4722.33
  • Assessor Parcel Number: 3393371400000
  • County Tax Payment Frequency: Annually
  • Close Date: 06/13/2014

Multi Family

  • Gross Income: 22980.00
  • Income Includes: Apartment Rentals, Laundry
  • Metering: Fully Separate
  • Operating Expense: 4220.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2014
Closed on
Jun 13, 2014
Sold by
Pernas David
Bought by
G & C Property Enterprises Llc
Seller's Agent
Maria Heisey
RE/MAX SmartHub Realty
Buyer's Agent
Jacqueline Norman
RE/MAX Pinnacle
List Price
$159,900
Sold Price
$142,000
Premium/Discount to List
-$17,900
-11.19%
Current Estimated Value
$372,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,148
Avg. Annual Appreciation
9.18%

Purchase Details

Closed on
Jun 30, 2005
Sold by
Deckman Billie Joy
Bought by
Pernas David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,500
Interest Rate
5.67%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 24, 2000
Sold by
Holsinger Daniel and Option One Mtg Corp
Bought by
Homecomings Financial Network

Purchase Details

Closed on
Oct 20, 1998
Sold by
Resurrection Rental Group
Bought by
Holsinger Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.74%
Mortgage Type
Balloon
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
G & C Property Enterprises Llc $142,000 None Available
Pernas David $122,000 --
Homecomings Financial Network $3,330 --
Holsinger Daniel $114,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ejh Properties Llc $107,000
Closed Ejh Properties Llc $141,500
Closed Ejh Properties Llc $51,600
Closed G & C Property Enterprises Llc $151,900
Previous Owner Pernas David $91,500
Previous Owner Macias Debray $37,800
Previous Owner Holsinger Daniel $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2014 06/13/14 Sold $142,000 -11.2% $61 / Sq Ft
05/23/2014 05/23/14 Pending -- -- --
03/17/2014 03/17/14 For Sale $159,900 -- $68 / 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 $5,532 $139,800 $25,900 $113,900
2024 $5,532 $139,800 $25,900 $113,900
2023 $5,439 $139,800 $25,900 $113,900
2022 $5,212 $139,800 $25,900 $113,900
2021 $5,101 $139,800 $25,900 $113,900
2020 $5,101 $139,800 $25,900 $113,900
2019 $5,024 $139,800 $25,900 $113,900
2018 $2,982 $139,800 $25,900 $113,900
2016 $5,034 $110,600 $20,800 $89,800
2015 $1,964 $110,600 $20,800 $89,800
2014 $4,393 $110,600 $20,800 $89,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002731669

Bright MLS

APN: 339-33714-0-0000