NOT LISTED FOR SALE

520 Manor St Lancaster, PA 17603

Cabbage Hill Neighborhood

Estimated Value: $113,000 - $264,000

-- Bed
2 Baths
1,776 Sq Ft
$98/Sq Ft Est. Value

Last Sold February 13, 2017

Last sale price $65,000 $37 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $1,204/month

21 Days on Market

Highlights

  • No HOA
  • Shed
  • 3-minute walk to Crystal Park
  • Window Unit Cooling System
  • Forced Air Heating System

About This Home

As of February 2017

Attention Investors! This 3 bedroom unit is rented and Section 8 Approved. Section 8 pays $661 of the $825 monthly rent. The property brings in a 9% CAP Rate, monthly cash flow even while carrying a mortgage. Home also includes 2 full bathrooms, gas heat, newer kitchen, washer/dryer hook up on 2nd floor and tenant pays for all utilities, except trash.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 16 x 136 x 16 x 136

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Shingle Roof
  • Slate Roof
  • Composition Roof

Laundry

  • Washer and Dryer Hookup

Outdoor Features

  • Shed
  • Storage Shed

Schools

  • Mccaskey Campus High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for heat, sewer, electricity, water
  • Assessor Parcel Number 3384957300000

Community Details

Overview

  • No Home Owners Association
  • Lancaster Subdivision

Building Details

  • Income includes apartment rentals
  • Insurance Expense $500
  • Trash Expense $210
  • Operating Expense $710
  • Net Operating Income $7,219

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Storage: Basement, Shed
  • Year Built: 1905
  • Remarks Public: Attention Investors! This 3 bedroom unit is rented and Section 8 Approved. Section 8 pays $661 of the $825 monthly rent. The property brings in a 9% CAP Rate, monthly cash flow even while carrying a mortgage. Home also includes 2 full bathrooms, gas heat, newer kitchen, washer/dryer hook up on 2nd floor and tenant pays for all utilities, except trash.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Foundation Details: Slab
  • Basement: Yes
  • Basement Type: Poured Concrete, Unfinished
  • Street Number Modifier: 520

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Secure Storage
  • Roof: Composite, Shingle, Slate
  • 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
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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

  • School District: SCHOOL DISTRICT OF LANCASTER
  • High School: MCCASKEY CAMPUS
  • School District Key: 300200397286
  • High School: MCCASKEY CAMPUS

Lot Info

  • Land Use Code: R-113
  • Lot Size Acres: 0.05
  • Lot Dimensions: 16 x 136 x 16 x 136
  • Property Attached Yn: Yes
  • Zoning: RESIDENTIAL
  • Zoning Description: Residential
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Heat, Sewer, Electricity, Water
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4068809
  • School Tax: 1201.89
  • Tax Annual Amount: 1970.69
  • Assessor Parcel Number: 3384957300000
  • County Tax Payment Frequency: Annually
  • Close Date: 02/13/2017

Multi Family

  • Gross Income: 9900.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 710.00
  • 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
Sep 9, 2022
Sold by
Wilson Scott A
Bought by
Weiler Lester and Weiler Heidi
Total Days on Market
21
Current Estimated Value
$173,201

Purchase Details

Closed on
Sep 9, 2015
Sold by
Bigler Samuel L
Bought by
Wilson Scott A
Source: Public Records

Range of Values:

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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
Weiler Lester $87,500 --
Wilson Scott A -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bigler Samuel L $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2017 02/13/17 Sold $65,000 -13.3% $37 / Sq Ft
12/22/2016 12/22/16 Pending -- -- --
12/01/2016 12/01/16 For Sale $75,000 -- $42 / 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
2024 $2,766 $69,900 $14,300 $55,600
2023 $2,719 $69,900 $14,300 $55,600
2022 $2,606 $69,900 $14,300 $55,600
2021 $2,550 $69,900 $14,300 $55,600
2020 $2,550 $69,900 $14,300 $55,600
2019 $2,512 $69,900 $14,300 $55,600
2018 $1,202 $69,900 $14,300 $55,600
2017 $1,989 $43,300 $13,400 $29,900
2016 $1,971 $43,300 $13,400 $29,900
2015 $769 $43,300 $13,400 $29,900
2014 $1,720 $43,300 $13,400 $29,900
Source: Public Records

Map

Source: Bright MLS

MLS Number: 1002740067

Bright MLS

APN: 338-49573-0-0000

Pennsylvania Lancaster County Lancaster 17603 Cabbage Hill

520 Manor St, Lancaster, PA

This home is located at 520 Manor St, Lancaster, PA 17603 since 01 December 2016 and is currently estimated at $173,201, approximately $97 per square foot. This property was built in 1905. 520 Manor St is a home located in Lancaster County with nearby schools including Lafayette Elementary School, Wheatland Middle School, and McCaskey High School.

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