NOT LISTED FOR SALE

509 N Lime St Lancaster, PA 17602

Ross Neighborhood

Estimated Value: $274,185 - $401,000

Studio
3 Baths
1,958 Sq Ft
$178/Sq Ft Est. Value

Last Sold February 23, 2016

Last sale price $240,000 $123 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,222/month

109 Days on Market

Highlights

  • 0.1 Acre Lot
  • No HOA
  • Radiator

About This Home

As of February 2016

ACROSS FROM GENERAL HOSPITAL.TWO BUILDINGS 6 UNITS IN EACH. 10 ROOMS 2 APARTMENTS.INCOME PROJECTED AS IF FULL OCCUPANCY.3 ROOMS ARE VACANT AT THIS TIME.UTILITIES ARE ALL UNDER HEAT.THIS INCLUDES ELECTRIC AND WATER AND OIL,. TENANTS PAY ONLY RENT.SEE APOD.PROJECTED NET INCOOME APPROX.$37506 APRROX. CAP RATE 13%.PROPERTY TAXES ARE CORRECT IN APOD. ACCORDING TO LANCASTER CITY PLANNING OFFICER NO FIRE ESCAPE NEEDED FOR THIS PROPERTY.

Last Agent to Sell the Property

Spencer Speros

(717) 431-0858 ssperos@comcast.net A' La Carte Real Estate Svcs License #RM421936 Listed on: 09/24/2015

Last Buyer's Agent

Nelson Keener

nelsonkeener@puffermorris.com Puffer Morris Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,971

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 34 x 132

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Poured Concrete
  • Built-Up Roof
  • Stucco

Laundry

  • Washer and Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump

Parking

  • 3 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Schools

  • Ross Elementary School
  • Abraham Lincoln Middle School
  • Mccaskey Campus High School

Utilities

  • Radiator
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3367048100000

Community Details

Overview

  • No Home Owners Association
  • 12 Units
  • Lancaster Subdivision

Building Details

  • Income includes apartment rentals
  • Insurance Expense $3,672
  • Maintenance Expense $1,574
  • Other Expense $450
  • Operating Expense $15,024
  • Net Operating Income $41,005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,971

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Other Expense: 450.00
  • Storage: Basement
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Fully Finished, Full, Outside Entrance, Partially Finished, Sump Pump

Exterior Features

  • Construction Materials: Brick, Stucco
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Roof: Built-Up
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Spaces Total: 3.00
  • Type Of Parking: Off Street, On Street

Utilities

  • Annual Heating Expense: 9328.00
  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Type: Radiator, Oil
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: ROSS
  • High School: MCCASKEY CAMPUS
  • Middle Or Junior School: ABRAHAM LINCOLN

Lot Info

  • Lot Size Acres: 0.10
  • Lot Dimensions: 34 x 132
  • Property Attached Yn: Yes
  • Zoning: RO
  • Zoning Description: Office,Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4062315
  • School Tax: 2402.89
  • Tax Annual Amount: 3970.65
  • Assessor Parcel Number: 3367048100000
  • County Tax Payment Frequency: Annually

Multi Family

  • Gross Income: 60000.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 15024.00
  • 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

Closed on
Jan 3, 2025
Sold by
Path To Housing Llc
Bought by
Lenny And Lindas Place Llc
Current Estimated Value
$348,296

Purchase Details

Listed on
Sep 24, 2015
Closed on
Feb 23, 2016
Sold by
James N Moshos Trust
Bought by
Path To Housing Llc
Seller's Agent
Spencer Speros
A' La Carte Real Estate Svcs
Buyer's Agent
Nelson Keener
Puffer Morris Real Estate, Inc.
List Price
$259,900
Sold Price
$240,000
Premium/Discount to List
-$19,900
-7.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%
Source: Public Records
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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
Lenny And Lindas Place Llc $265,000 None Listed On Document
Lenny And Lindas Place Llc $265,000 None Listed On Document
Path To Housing Llc $120,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2016 02/23/16 Sold $240,000 -7.7% $123 / Sq Ft
01/11/2016 01/11/16 Pending -- -- --
09/24/2015 09/24/15 For Sale $259,900 -- $133 / 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 $4,958 $125,300 $22,900 $102,400
2024 $4,958 $125,300 $22,900 $102,400
2023 $4,875 $125,300 $22,900 $102,400
2022 $4,672 $125,300 $22,900 $102,400
2021 $4,572 $125,300 $22,900 $102,400
2020 $4,572 $125,300 $22,900 $102,400
2019 $4,503 $125,300 $22,900 $102,400
2018 $5,246 $125,300 $22,900 $102,400
2017 $4,056 $88,300 $21,500 $66,800
2016 $4,019 $88,300 $21,500 $66,800
2015 $1,568 $88,300 $21,500 $66,800
2014 $3,507 $88,300 $21,500 $66,800
Source: Public Records

Agents Affiliated with this Home

  • Spencer Speros

    Seller's Agent in 2016

    Spencer Speros

    A' La Carte Real Estate Svcs

    (717) 431-0858

    2 in this area

    41 Total Sales

    Spencer Speros
    Section Image

  • N

    Buyer's Agent in 2016

    Nelson Keener

    Puffer Morris Real Estate, Inc.

See All Agents

Map

Source: Bright MLS

MLS Number: 1002736843

Bright MLS

APN: 336-70481-0-0000

Pennsylvania Lancaster County Lancaster 17602 Ross

509 N Lime St, Lancaster, PA

Not Listed for Sale

MultiFamily

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