B
Seller's Agent in 2018
Brad Gearhart
City Limits
540 E King St Lancaster, PA 17602
Stevens NeighborhoodEstimated Value: $517,212 - $603,000
--
Bed
4
Baths
2,352
Sq Ft
$242/Sq Ft
Est. Value
Highlights
- 0.18 Acre Lot
- No HOA
- Baseboard Heating
About This Home
As of January 2018Fully Leased-Licensed 4 Unit Apartment Building Featuring (4) 1Br Units & (1) 1,272 Sq. ft. Contractor Shop/Garage. Unit #2F has New Replacement Windows & Modern Bath. Unit #3 has a New Kitchen & Bath in 2017. New 2nd Rear Shingle Roof in 2017, Rubber Roof on Garage in 2012, 2nd & 3rd Rear Rubber Roof in 2009. Rents need raised when long term tenants move out. Landlord pays Sewer/Water/Trash. Tenants pay Electric BB Heat. Sellers are PA Licensed RE Brokers.
Last Agent to Sell the Property
Brad Gearhart
bradgearhart@comcast.net City Limits Listed on: 10/19/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,747
Lot Details
- 7,841 Sq Ft Lot
- Property is in good condition
Home Design
- Converted Dwelling
- Brick Exterior Construction
- Poured Concrete
- Shingle Roof
- Composition Roof
- Rubber Roof
Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Parking
- 4 Parking Spaces
- Off-Street Parking
Utilities
- Baseboard Heating
- 200+ Amp Service
- Electric Water Heater
Listing and Financial Details
- Tenant pays for heat, hot water, electricity
- Assessor Parcel Number 337-31416-0-0000
Community Details
Overview
- No Home Owners Association
- 5 Units
Building Details
- Income includes apartment rentals, parking
- Electric Expense $204
- Insurance Expense $856
- Maintenance Expense $2,654
- Manager Expense $2,275
- Other Expense $200
- Trash Expense $840
- Operating Expense $8,341
- Net Operating Income $25,832
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 2, 2017
Sold by
Gearhart Bradley A
Bought by
Demarco Lawrence J
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Demarco Lawrence J | $290,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Demarco Lawrence J | $217,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/01/2018 01/01/18 | Sold | $290,000 | +5.5% | $123 / Sq Ft |
| 10/19/2017 10/19/17 | Pending | -- | -- | -- |
| 10/19/2017 10/19/17 | For Sale | $275,000 | -- | $117 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $7,803 | $197,200 | $22,400 | $174,800 |
| 2024 | $7,803 | $197,200 | $22,400 | $174,800 |
| 2023 | $7,672 | $197,200 | $22,400 | $174,800 |
| 2022 | $7,352 | $197,200 | $22,400 | $174,800 |
| 2021 | $7,195 | $197,200 | $22,400 | $174,800 |
| 2020 | $7,195 | $197,200 | $22,400 | $174,800 |
| 2019 | $7,087 | $197,200 | $22,400 | $174,800 |
| 2017 | $3,707 | $80,700 | $16,700 | $64,000 |
| 2016 | $3,673 | $80,700 | $16,700 | $64,000 |
| 2015 | $1,433 | $80,700 | $16,700 | $64,000 |
| 2014 | $3,205 | $80,700 | $16,700 | $64,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Carissa Garpstas
Buyer's Agent in 2018
Carissa Garpstas
Keller Williams Elite
(717) 820-9837
2 in this area
249 Total Sales
Map
Source: Bright MLS
MLS Number: 1002668407
APN: 337-31416-0-0000
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