NOT LISTED FOR SALE

543 W Lemon St Lancaster, PA 17603

Chestnut Hill Neighborhood

Estimated Value: $402,000 - $497,000

-- Bed
6 Baths
2,819 Sq Ft
$155/Sq Ft Est. Value

Last Sold February 22, 2013

Last sale price $305,000 $108 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,101/month

50 Days on Market

Highlights

  • 0.09 Acre Lot
  • Window Unit Cooling System
  • Baseboard Heating
  • No HOA
  • Forced Air Heating System

About This Home

As of February 2013

Excellent West End location near F&M, Lancaster Regional Medical Center, Buchanan Park. Within walking distance of neighborhood shops and restaurants. Fully occupied, great investment opportunity. ***24-HOUR NOTICE NEEDED FOR ALL SHOWINGS (NO EXCEPTIONS)***

Last Agent to Sell the Property

Stanley Barr

Stan Barr Realty License #LCAOR:00785 Listed on: 08/29/2012

Last Buyer's Agent

Darren Neff

Manor West Realty License #RS319979

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,607

Year Built

  • Built in 1905

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 37x100

Parking

  • On-Street Parking

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Composition Roof
  • Rubber Roof
  • Metal Roof
  • Vinyl Siding

Basement

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

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 3396406600000

Community Details

Overview

  • No Home Owners Association
  • 9 Units

Building Details

  • Income includes apartment rentals
  • Electric Expense $3,365
  • Fuel Expense $674
  • Insurance Expense $2,452
  • Other Expense $450
  • Trash Expense $3,263
  • Operating Expense $15,390
  • Net Operating Income $34,243

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,607

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Other Expense: 450.00
  • Storage: Basement
  • Year Built: 1905
  • Remarks Public: Excellent West End location near F&M, Lancaster Regional Medical Center, Buchanan Park. Within walking distance of neighborhood shops and restaurants. Fully occupied, great investment opportunity. ***24-HOUR NOTICE NEEDED FOR ALL SHOWINGS (NO EXCEPTIONS)***
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Dirt Floor, Full, Outside Entrance
  • Street Number Modifier: 543-545

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Exterior Features: Fire Escape
  • Roof: Composite, Shingle, Metal, 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

  • Annual Heating Expense: 3460.00
  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Electric Expense: 3365.00
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Baseboard, Hot Water, Oil
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1726.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • School District Key: 300200397286

Lot Info

  • Land Use Code: R3
  • Lot Size Acres: 0.09
  • Lot Dimensions: 37x100
  • Property Attached Yn: Yes
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4072653
  • School Tax: 4721.68
  • Tax Annual Amount: 7607.32
  • Assessor Parcel Number: 3396406600000
  • County Tax Payment Frequency: Annually
  • Close Date: 02/22/2013

Multi Family

  • Fuel Expense: 674.00
  • Gross Income: 57240.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 15390.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
  • Single Room Units Count: 2

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2021
Sold by
Palmerton Properties Llc
Bought by
Pvp V Llc
Current Estimated Value
$441,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Outstanding Balance
$471,555
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Aug 29, 2012
Closed on
Feb 22, 2013
Sold by
Keener James K and Peifer Craig A
Bought by
Palmerton Properties Llc
Seller's Agent
Stanley Barr
Stan Barr Realty
Buyer's Agent
Darren Neff
Manor West Realty
List Price
$350,000
Sold Price
$305,000
Premium/Discount to List
-$45,000
-12.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 13, 2010
Sold by
Peifer Welding Inc
Bought by
Keener James K and Peifer Craig 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
Pvp V Llc $675,000 None Available
Palmerton Properties Llc $305,000 None Available
Keener James K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pvp V Llc $506,250
Closed Pvp V Llc $506,250
Previous Owner Palmerton Properties Llc $240,000
Previous Owner Peifer Welding Inc $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2013 02/22/13 Sold $305,000 -12.9% $108 / Sq Ft
10/18/2012 10/18/12 Pending -- -- --
08/29/2012 08/29/12 For Sale $350,000 -- $124 / 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 $7,969 $201,400 $33,200 $168,200
2023 $7,835 $201,400 $33,200 $168,200
2022 $7,509 $201,400 $33,200 $168,200
2021 $7,348 $201,400 $33,200 $168,200
2020 $7,348 $201,400 $33,200 $168,200
2019 $7,238 $201,400 $33,200 $168,200
2018 $4,295 $201,400 $33,200 $168,200
2017 $4,671 $101,700 $18,600 $83,100
2016 $4,629 $101,700 $18,600 $83,100
2015 $1,806 $101,700 $18,600 $83,100
2014 $4,039 $101,700 $18,600 $83,100
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Stanley Barr

    Stan Barr Realty

  • D

    Buyer's Agent in 2013

    Darren Neff

    Manor West Realty

    (717) 575-1668

    1 in this area

    24 Total Sales

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Map

Source: Bright MLS

MLS Number: 1002726663

Bright MLS

APN: 339-64066-0-0000

Pennsylvania Lancaster County Lancaster 17603 Chestnut Hill

543 W Lemon St, Lancaster, PA

This home is located at 543 W Lemon St, Lancaster, PA 17603 since 29 August 2012 and is currently estimated at $436,476, approximately $154 per square foot. This property was built in 1905. 543 W Lemon St is a home located in Lancaster County with nearby schools including Thomas Wharton Elementary School, Reynolds Middle School, and McCaskey High School.

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