NOT LISTED FOR SALE

Estimated Value: $293,000 - $320,000

-- Bed
2 Baths
1,837 Sq Ft
$167/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $225,000 $122 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,012/month

13 Days on Market

Highlights

  • City View
  • Traditional Architecture
  • No HOA
  • Open Floorplan
  • Wood Flooring
  • 4-minute walk to 6th Ward Park

About This Home

As of October 2021

If you are an investor looking to add to your investment portfolio look no further than this turnkey 2 unit located on a beautiful quiet street in Lancaster City. Both units are currently occupied by well-qualified tenants. Features include new roof in 2015, updated natural gas furnace, replacement windows and composite deck. Hardwood floors throughout units. Off street parking is available and there is a one car garage that could provide additional rental income. Don't miss this chance to capitalize on this great Lancaster City investment property!

Last Agent to Sell the Property

Mark Will

(717) 283-5990 markwill@markwillteam.com Berkshire Hathaway HomeServices Homesale Realty Listed on: 07/20/2021

Berkshire Hathaway HomeServices Homesale Realty

Co-Listed By

Austin Will

(717) 271-8631 austinwillrealtor@gmail.com Berkshire Hathaway HomeServices Homesale Realty License #RS333657

Last Buyer's Agent

Joey Holland-Garcia

(734) 358-9087 jose.holland-garcia@outlook.com Iron Valley Real Estate of York County License #RS353934

Iron Valley Real Estate of York County

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,515

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Detached Garage
  • 2 Driveway Spaces
  • Rear-Facing Garage
  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Shingle Roof
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 1,837 Sq Ft Home
  • Open Floorplan
  • City Views
  • Washer and Dryer Hookup
  • Unfinished Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Double Oven
  • Electric Oven or Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for gas, heat, insurance, sewer, real estate taxes, trash collection, water
  • Assessor Parcel Number 336-31431-0-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 2-Story Building

Building Details

  • Income includes apartment rentals
  • Operating Expense $8,281
  • Net Operating Income $13,019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,515

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenant Owned Property & Fixtures
  • Inclusions: 2 Kitchen Refrigerators
  • New Construction: No
  • Expected On Market: 2021-07-20
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Oven - Double, Oven/Range - Electric, Refrigerator, Washer/Dryer Hookups Only, Water Heater
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Breakfast Area, Carpet, Floor Plan - Open, Kitchen - Eat-In, Wood Floors
  • Wall Ceiling Types: Dry Wall
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1837
  • Living Area Sq Ft: 1837
  • Price Per Sq Ft: 122.48
  • Above Grade Finished Sq Ft: 1837
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Rubber, Shingle
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Paved Parking
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage, On Street, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Outdoor Living Structures: Balcony, Patio(s)
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Gas, Heat, Insurance, Sewer, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Total Actual Rent: 21300.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 2746.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 4515.00
  • Assessor Parcel Number: 336-31431-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Gross Income: 21300.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 8281.00
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Oct 26, 2021
Sold by
Souders Vicki L
Bought by
Spangler Matthew R
Seller's Agent
Mark Will
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Joey Holland-Garcia
Iron Valley Real Estate of York County
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$307,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,388
Avg. Annual Appreciation
8.11%
Original Mortgage
$191,250
Outstanding Balance
$174,978
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$132,410

Purchase Details

Closed on
Jul 5, 2013
Sold by
Bell Vicki L and Sounders Ronald L
Bought by
Sounders Vicki L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,300
Interest Rate
3.92%
Mortgage Type
New Conventional
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
Spangler Matthew R $225,000 Ntc Key West
Sounders Vicki L -- Servicelink Aliquippa Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spangler Matthew R $191,250
Previous Owner Sounders Vicki L $72,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $225,000 0.0% $122 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $225,000 -- $122 / 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 $4,792 $121,100 $24,200 $96,900
2024 $4,792 $121,100 $24,200 $96,900
2023 $4,711 $121,100 $24,200 $96,900
2022 $4,515 $121,100 $24,200 $96,900
2021 $4,418 $121,100 $24,200 $96,900
2020 $4,418 $121,100 $24,200 $96,900
2019 $4,352 $121,100 $24,200 $96,900
2018 $5,070 $121,100 $24,200 $96,900
2017 $3,656 $79,600 $16,400 $63,200
2016 $3,623 $79,600 $16,400 $63,200
2015 $1,413 $79,600 $16,400 $63,200
2014 $3,162 $79,600 $16,400 $63,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2001900

Bright MLS

APN: 336-31431-0-0000