506 W King St Lancaster, PA 17603
Cabbage Hill Neighborhood
--
Bed
--
Bath
1,832
Sq Ft
3,049
Sq Ft Lot
Highlights
- Traditional Architecture
- Forced Air Heating System
- 2-minute walk to Crystal Park
- More Than Two Accessible Exits
About This Home
As of April 2025Prime 2-unit investment property in Lancaster City with off street parking! This duplex features a spacious 3-bedroom, 1-bath unit in the front main house and a small 1-bedroom 1-bath unit in the back. Both units have separate electric meters. Unit 1 has natural gas forced air heat and Unit 2 has electric baseboard. Unit has has been updated, new kitchen and bathroom in 2019. Side yard is a shared space. Located close to downtown and public transportation. A great opportunity for investors looking to expand their portfolio with a well-located, income-producing asset!
Last Agent to Sell the Property
Stoltzfus Realty License #RS352328 Listed on: 03/21/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,161
Year Built
- Built in 1915
Lot Details
- 3,049 Sq Ft Lot
- Property is in good condition
Home Design
- 1,832 Sq Ft Home
- Duplex
- Traditional Architecture
- Stone Foundation
- Shingle Roof
- Masonry
- Stucco
Parking
- 2 Parking Spaces
- 2 Off-Street Spaces
Accessible Home Design
- More Than Two Accessible Exits
Utilities
- Forced Air Heating System
- Electric Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 338-30316-0-0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 21, 2025
Closed on
Apr 30, 2025
Sold by
Smucker Eli E
Bought by
Rohrer Brock and Rohrer Kayla
Seller's Agent
Joseph Fisher
Stoltzfus Realty
Buyer's Agent
Christine Nolt
Kingsway Realty - Lancaster
List Price
$265,000
Sold Price
$276,000
Premium/Discount to List
$11,000
4.15%
Views
26
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-50.20%
Purchase Details
Listed on
Dec 31, 2017
Closed on
Feb 6, 2018
Sold by
Melendez Abel and Estate Of Adonay Correa
Bought by
Smucker Eli E
Seller's Agent
Jennifer Rhoades
Cavalry Realty, LLC
Buyer's Agent
Benuel Esh
Keller Williams Elite
List Price
$83,000
Sold Price
$83,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.19%
Original Mortgage
$58,100
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Similar Homes in Lancaster, PA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $276,000 | None Listed On Document | |
| Deed | $83,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $108,500 | New Conventional | |
| Previous Owner | $58,100 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2025 04/30/25 | Sold | $276,000 | +4.2% | $151 / Sq Ft |
| 03/27/2025 03/27/25 | Pending | -- | -- | -- |
| 03/21/2025 03/21/25 | For Sale | $265,000 | +219.3% | $145 / Sq Ft |
| 02/23/2018 02/23/18 | Sold | $83,000 | 0.0% | $45 / Sq Ft |
| 01/10/2018 01/10/18 | Pending | -- | -- | -- |
| 12/31/2017 12/31/17 | For Sale | $83,000 | -- | $45 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,162 | $79,900 | $14,600 | $65,300 |
| 2023 | $3,108 | $79,900 | $14,600 | $65,300 |
| 2022 | $2,979 | $79,900 | $14,600 | $65,300 |
| 2021 | $2,915 | $79,900 | $14,600 | $65,300 |
| 2020 | $2,915 | $79,900 | $14,600 | $65,300 |
| 2019 | $2,871 | $79,900 | $14,600 | $65,300 |
| 2017 | $3,183 | $69,300 | $14,700 | $54,600 |
| 2016 | $3,154 | $69,300 | $14,700 | $54,600 |
| 2015 | $1,230 | $69,300 | $14,700 | $54,600 |
| 2014 | $2,325 | $69,300 | $14,700 | $54,600 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Fisher
Seller's Agent in 2025
Joseph Fisher
Stoltzfus Realty
(717) 598-3327
4 in this area
134 Total Sales
-
Christine Nolt
Buyer's Agent in 2025
Christine Nolt
Kingsway Realty - Lancaster
(717) 517-0407
9 in this area
386 Total Sales
-
Jennifer Rhoades
Seller's Agent in 2018
Jennifer Rhoades
Cavalry Realty, LLC
(717) 380-9688
26 Total Sales
-
B
Buyer's Agent in 2018
Benuel Esh
Keller Williams Elite
Map
Source: Bright MLS
MLS Number: PALA2065650
APN: 338-30316-0-0000
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