NOT LISTED FOR SALE

532 Howard Ave Lancaster, PA 17602

Churchtowne Neighborhood

Estimated Value: $181,000 - $199,000

3 Beds
2 Baths
1,303 Sq Ft
$146/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $50,000 $38 Per Sq Ft

Est. 281% increase in value since last sale

Current estimated payment $1,168/month

About This Home

As of April 2017

Great rental with approx. 10% cap rate with projected rent and expenses. This 3BD 1.5BA townhome has efficient gas heat and hot water, with rear yard is fenced and house is move-in ready.

Last Agent to Sell the Property

Ron Shepherd

Iron Valley Real Estate of Lancaster Listed on: 03/22/2017

Last Buyer's Agent

Ron Shepherd

Iron Valley Real Estate of Lancaster Listed on: 03/22/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 1,742

Parking

  • On-Street Parking

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Schools

  • Mccaskey Campus High School

Utilities

  • Forced Air Heating System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Washer and Dryer Hookup
  • Basement Fills Entire Space Under The House
  • 1,742 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for heat, hot water, electricity
  • Assessor Parcel Number 3333557200000

Community Details

Overview

  • No Home Owners Association

Building Details

  • Income includes apartment rentals
  • Insurance Expense $675
  • Maintenance Expense $475
  • Manager Expense $1,300
  • Trash Expense $140
  • Operating Expense $3,335
  • Net Operating Income $5,651

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Storage: Basement
  • Year Built: 1880
  • Remarks Public: Great rental with approx. 10% cap rate with projected rent and expenses. This 3BD 1.5BA townhome has efficient gas heat and hot water, with rear yard is fenced and house is move-in ready.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Street Number Modifier: 532

Exterior Features

  • Construction Materials: Brick, Stucco
  • Construction Completed: No
  • Roof: Composite, Shingle
  • 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: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 700.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Professional Management Expense: 1300.00

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: 0.04
  • Property Attached Yn: Yes
  • Zoning Description: Residential
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 4057300
  • School Tax: 1096.41
  • Tax Annual Amount: 1814.32
  • Assessor Parcel Number: 3333557200000
  • County Tax Payment Frequency: Annually
  • Close Date: 04/28/2017

Multi Family

  • Gross Income: 10800.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 3335.00
  • 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
Mar 22, 2017
Closed on
Apr 28, 2017
Sold by
Blu Heritage Properties Llc
Bought by
Kauffman Daniel S and Kauffman Erma K
Seller's Agent
Ron Shepherd
Iron Valley Real Estate of Lancaster
Buyer's Agent
Ron Shepherd
Iron Valley Real Estate of Lancaster
List Price
$54,900
Sold Price
$50,000
Premium/Discount to List
-$4,900
-8.93%
Current Estimated Value
$190,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,626
Avg. Annual Appreciation
17.15%

Purchase Details

Listed on
Nov 13, 2014
Closed on
Feb 3, 2015
Bought by
Blu Heritage Properties Llc
Seller's Agent
Jason Burkholder
Hometown Property Sales
Buyer's Agent
Ron Shepherd
Iron Valley Real Estate of Lancaster
List Price
$39,900
Sold Price
$34,500
Premium/Discount to List
-$5,400
-13.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.02%

Purchase Details

Closed on
Oct 25, 2001
Sold by
Davidson Samuel and Davidson Florence L
Bought by
Belton Albert A
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
Kauffman Daniel S $50,000 None Available
Blu Heritage Properties Llc $34,500 --
Belton Albert A $21,948 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blu Heritage Properties Llc $33,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $50,000 -8.9% $38 / Sq Ft
03/25/2017 03/25/17 Pending -- -- --
03/22/2017 03/22/17 For Sale $54,900 +59.1% $42 / Sq Ft
01/30/2015 01/30/15 Sold $34,500 -13.5% $26 / Sq Ft
11/24/2014 11/24/14 Pending -- -- --
11/13/2014 11/13/14 For Sale $39,900 -- $31 / 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 $1,642 $41,500 $12,500 $29,000
2024 $1,642 $41,500 $12,500 $29,000
2023 $1,615 $41,500 $12,500 $29,000
2022 $1,547 $41,500 $12,500 $29,000
2021 $1,514 $41,500 $12,500 $29,000
2020 $1,514 $41,500 $12,500 $29,000
2019 $1,491 $41,500 $12,500 $29,000
2018 $885 $41,500 $12,500 $29,000
2016 $1,798 $39,500 $6,800 $32,700
2015 $701 $39,500 $6,800 $32,700
2014 $1,142 $39,500 $6,800 $32,700
Source: Public Records

Agents Affiliated with this Home

  • Ron Shepherd

    Seller's Agent in 2017

    Ron Shepherd

    Iron Valley Real Estate of Lancaster

    (717) 587-7390

    26 Total Sales

    Ron Shepherd
    Section Image
  • Jason Burkholder

    Seller's Agent in 2015

    Jason Burkholder

    Hometown Property Sales

    (717) 371-0557

    165 Total Sales

    Jason Burkholder
    Section Image
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Map

Source: Bright MLS

MLS Number: 1005911927

Bright MLS

APN: 333-35572-0-0000

Pennsylvania Lancaster County Lancaster 17602 Churchtowne

532 Howard Ave, Lancaster, PA

This home is located at 532 Howard Ave, Lancaster, PA 17602 since 22 March 2017 and is currently estimated at $190,626, approximately $146 per square foot. This property was built in 1880. 532 Howard Ave is a home located in Lancaster County with nearby schools including Carter & MacRae Elementary School, Reynolds Middle School, and McCaskey High School.

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