NOT LISTED FOR SALE

514 E King St Lancaster, PA 17602

Stevens Neighborhood

Estimated Value: $377,000 - $528,000

-- Bed
4 Baths
3,014 Sq Ft
$141/Sq Ft Est. Value

Last Sold September 17, 2015

Last sale price $140,400 $47 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $2,714/month

35 Days on Market

Highlights

  • 0.18 Acre Lot
  • Home Security System
  • Outdoor Storage
  • No HOA
  • Parking Storage or Cabinetry
  • Heating System Uses Steam

About This Home

As of September 2015

Great 3 Unit - Large units with dining rooms, kitchens, 3 car garage, owner-occupant opportunity, large yard, great return

Last Agent to Sell the Property

Jodi Waltz

(717) 475-7098 jodiwaltz@gmail.com Keller Williams Elite Listed on: 07/16/2015

Keller Williams Elite

Last Buyer's Agent

Benjamin Siegrist

(717) 569-8701 ben@kingswayrealty.com Kingsway Realty - Lancaster

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1888

Lot Details

  • 7,841

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Composition Roof
  • Rubber Roof
  • Shingle Siding

Attic

  • Storage In Attic

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Drainage System
  • Dirt Floor

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Garage
  • Parking Storage or Cabinetry
  • On-Street Parking

Schools

  • Mccaskey Campus High School

Utilities

  • Heating System Uses Steam
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • 7,841 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 3370616200000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,535
  • Trash Expense $628
  • Operating Expense $3,363
  • Net Operating Income $10,480

Property Details

Home Type

Multi-Family

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Storage: Attic, Basement, Garage
  • Year Built: 1888
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Dirt Floor, Drainage System, Full, Outside Entrance, Unfinished

Exterior Features

  • Construction Materials: Brick, Shingle Siding
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Exterior Features: Secure Storage
  • Roof: Composite, Shingle, Rubber
  • 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: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Steam
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1200.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: MCCASKEY CAMPUS

Lot Info

  • Lot Size Acres: 0.18
  • Zoning: RESIDENTIAL
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2636.93
  • Tax Annual Amount: 4357.39
  • Assessor Parcel Number: 3370616200000
  • County Tax Payment Frequency: Annually

Multi Family

  • Gross Income: 18200.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 3363.00
  • 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
Jul 16, 2015
Closed on
Sep 17, 2015
Sold by
Robinson Matthew M
Bought by
Shenk Josiah and Shenk Kayla
Seller's Agent
Jodi Waltz
Keller Williams Elite
Buyer's Agent
Benjamin Siegrist
Kingsway Realty - Lancaster
List Price
$149,900
Sold Price
$140,400
Premium/Discount to List
-$9,500
-6.34%
Current Estimated Value
$426,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,857
Avg. Annual Appreciation
11.38%
Original Mortgage
$135,714
Outstanding Balance
$106,009
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$320,248

Purchase Details

Closed on
Nov 7, 2013
Sold by
Robinson Matthew M and Estate Of Theodore M Robinson
Bought by
Robinson Matthew M
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
Shenk Josiah $140,400 None Available
Robinson Matthew M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shenk Josiah $135,714
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2015 09/17/15 Sold $140,400 -6.3% $47 / Sq Ft
08/20/2015 08/20/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $149,900 -- $50 / 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 $5,840 $147,600 $22,400 $125,200
2024 $5,840 $147,600 $22,400 $125,200
2023 $5,742 $147,600 $22,400 $125,200
2022 $5,503 $147,600 $22,400 $125,200
2021 $5,385 $147,600 $22,400 $125,200
2020 $5,385 $147,600 $22,400 $125,200
2019 $5,305 $147,600 $22,400 $125,200
2018 $2,711 $147,600 $22,400 $125,200
2017 $4,451 $96,900 $17,100 $79,800
2016 $4,410 $96,900 $17,100 $79,800
2015 $1,720 $96,900 $17,100 $79,800
2014 $3,849 $96,900 $17,100 $79,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jodi Waltz

    Keller Williams Elite

    Section Image
  • Benjamin Siegrist

    Buyer's Agent in 2015

    Benjamin Siegrist

    Kingsway Realty - Lancaster

    (717) 569-8701

    143 Total Sales

    Benjamin Siegrist
    Section Image
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Map

Source: Bright MLS

MLS Number: 1005846479

Bright MLS

APN: 337-06162-0-0000

Pennsylvania Lancaster County Lancaster 17602 Stevens

514 E King St, Lancaster, PA

Not Listed for Sale

MultiFamily

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