Claire Chivington
Realty ONE Group Unlimited
(223) 217-4942
100 Total Sales
1 in Chestnut Hill
$315,000 Price
507 W Walnut St Lancaster, PA 17603
Chestnut Hill NeighborhoodEstimated Value: $328,000 - $409,000
Studio
2
Baths
2,070
Sq Ft
$175/Sq Ft
Est. Value
Highlights
- Deck
- Wood Flooring
- Doors swing in
- Traditional Architecture
- Porch
- Forced Air Heating System
About This Home
As of July 2024Welcome to 507 W Walnut Street, a beautifully renovated duplex nestled in the heart of Lancaster City. This property offers an exceptional opportunity for both investors and homeowners alike. Enjoy the benefits of modern living with recent renovations that enhance both units, ensuring a fresh and contemporary feel throughout. Thoughtfully designed to be low maintenance, giving you peace of mind and reducing upkeep costs. The first unit is home to a reliable long-term tenant who has just signed a new year-long lease, providing immediate and consistent rental income. The second unit, featuring 2 spacious bedrooms, is ready to rent right away. Move in new tenants and start generating income without delay. Just a stone's throw away from the bus and train stations, this location is perfect for tenants looking for easy access to transportation and the vibrant amenities of Lancaster City. Whether you're an investor seeking a profitable rental property or a homeowner looking to offset your mortgage with rental income, 507 W Walnut Street is the perfect choice. Don't miss out on this fantastic opportunity to own a piece of Lancaster City's thriving real estate market. Schedule your showing today and step into a promising future with this amazing duplex!
Last Agent to Sell the Property
(717) 208-4444 remax@smarthubrealty.com RE/MAX SmartHub Realty License #RS337338 Listed on: 06/29/2024
Last Buyer's Agent
(717) 392-0200 davidmizenko@howardhanna.com Howard Hanna Real Estate Services - Lancaster License #RS356644
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,137
Year Built
- Built in 1900
Lot Details
- 2,614 Sq Ft Lot
- Property is in very good condition
Parking
- On-Street Parking
Home Design
- Duplex
- Traditional Architecture
- Brick Exterior Construction
- Permanent Foundation
- Stone Foundation
- Poured Concrete
- Plaster Walls
- Masonry
Interior Spaces
- 2,070 Sq Ft Home
- Wood Flooring
Laundry
- Electric Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Rear Basement Entry
- Dirt Floor
Outdoor Features
- Deck
- Rain Gutters
- Porch
Schools
- Mccaskey High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
- 100 Amp Service
- Natural Gas Water Heater
- Municipal Trash
Additional Features
- Doors swing in
- Urban Location
Listing and Financial Details
- The owner pays for lawn/shrub care, insurance, sewer, snow removal, water, trash collection, real estate taxes, electricity, gas
- Assessor Parcel Number 339-03160-0-0000
Community Details
Overview
- 2 Units
- Chestnut Hill Subdivision
Building Details
- 1 Vacant Unit
- Income includes apartment rentals
- Net Operating Income $11,972
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 29, 2024
Closed on
Jul 11, 2024
Sold by
Shenk Ryan D and Shenk Kelly L
Bought by
Seller's Agent
TANYA SUTCLIFFE
RE/MAX SmartHub Realty
Buyer's Agent
Laura Eshbach
Howard Hanna Real Estate Services - Lancaster
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%
Views
45
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,285
Avg. Annual Appreciation
3.00%
Purchase Details
Listed on
Jun 6, 2016
Closed on
Oct 5, 2016
Sold by
Stallings Thomas M
Bought by
Shenk Ryan D and Shenk Kelly L
Seller's Agent
Andy Esbenshade
Berkshire Hathaway HomeServices Homesale Realty
List Price
$162,900
Sold Price
$155,000
Premium/Discount to List
-$7,900
-4.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.64%
Original Mortgage
$116,250
Interest Rate
3.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 6, 2007
Sold by
Pottberg Glenn R and Pottberg Elaine
Bought by
Stallings Thomas M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
1.4%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Chestnut Hill, PA
-
Claire Chivington
-
Mitch Domin
Mitch Domin
Keller Williams Elite
(717) 844-6628
85 Total Sales
3 in Chestnut Hill
$217K - $400K Price Range
-
Lethea Myers
Lethea Myers
Berkshire Hathaway HomeServices Homesale Realty
(717) 844-6102
230 Total Sales
1 in Chestnut Hill
$350,000 Price
-
Peter Rutt
Peter Rutt
RE/MAX Evolved
(717) 844-6599
53 Total Sales
1 in Chestnut Hill
$280,000 Price
-
Russell Canouse
Russell Canouse
Keller Williams Elite
(223) 216-7950
45 Total Sales
2 in Chestnut Hill
$280K - $537K Price Range
-
Allison Whittaker
Allison Whittaker
Berkshire Hathaway HomeServices Homesale Realty
(717) 467-4997
57 Total Sales
5 in Chestnut Hill
$239K - $560K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $340,000 | Regal Abstract | ||
| Shenk Ryan D | $155,000 | None Available | |
| Stallings Thomas M | $135,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $255,000 | ||
| Previous Owner | Shenk Ryan D | $116,250 | |
| Previous Owner | Stallings Thomas M | $108,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/12/2024 07/12/24 | Sold | $340,000 | -2.9% | $164 / Sq Ft | |
| 07/01/2024 07/01/24 | Pending | -- | -- | -- | |
| 06/29/2024 06/29/24 | For Sale | $350,000 | +125.8% | $169 / Sq Ft | |
| 10/06/2016 10/06/16 | Sold | $155,000 | -4.8% | $75 / Sq Ft | View Prior Sale |
| 08/07/2016 08/07/16 | Pending | -- | -- | -- | |
| 06/06/2016 06/06/16 | For Sale | $162,900 | -- | $79 / Sq Ft |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $6,202 | $155,100 | $39,600 | $115,500 |
| 2025 | $6,137 | $155,100 | $39,600 | $115,500 |
| 2024 | $6,137 | $155,100 | $39,600 | $115,500 |
| 2023 | $6,034 | $155,100 | $39,600 | $115,500 |
| 2022 | $5,783 | $155,100 | $39,600 | $115,500 |
| 2021 | $5,659 | $155,100 | $39,600 | $115,500 |
| 2020 | $5,659 | $155,100 | $39,600 | $115,500 |
| 2019 | $5,574 | $155,100 | $39,600 | $115,500 |
| 2018 | $3,308 | $155,100 | $39,600 | $115,500 |
| 2017 | $4,469 | $97,300 | $22,400 | $74,900 |
| 2016 | $4,428 | $97,300 | $22,400 | $74,900 |
| 2015 | $1,728 | $97,300 | $22,400 | $74,900 |
| 2014 | $3,865 | $97,300 | $22,400 | $74,900 |
Source: Public Records
Agents Affiliated with this Home
-
TANYA SUTCLIFFE
Seller's Agent in 2024
TANYA SUTCLIFFE
RE/MAX
(717) 208-4444
1 in this area
23 Total Sales
-
Laura Eshbach
Buyer's Agent in 2024
Laura Eshbach
Howard Hanna
(717) 475-5047
3 in this area
113 Total Sales
-
Andy Esbenshade
Seller's Agent in 2016
Andy Esbenshade
Berkshire Hathaway HomeServices Homesale Realty
(717) 286-9299
15 in this area
93 Total Sales
Map
Source: Bright MLS
MLS Number: PALA2052974
APN: 339-03160-0-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2026 Bright MLS, Inc.
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