NOT LISTED FOR SALE

552 Saint Joseph St Lancaster, PA 17603

Cabbage Hill Neighborhood

Estimated Value: $460,577

-- Bed
-- Bath
-- Sq Ft
5,663 Sq Ft Lot

Last Sold May 29, 2015

Last sale price $232,000

Est. 99% increase in value since last sale

Current estimated payment $3,162/month

334 Days on Market

Highlights

  • 0.13 Acre Lot
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • No HOA
  • Home Security System

About This Home

As of May 2015

GOOD INCOME. FORMERLY STARTING GATE BAR. 8 OFF STREET PARKING SPACES. REAL ESTATE & EQUIPMENT INCLUDED.1ST FLOOR INCOME ESTIMATED AS COMMERCIAL RENTAL. SOME EXPENSES ESTIMATED. SALES. IT IS SAID, WERE $8000 PER WEEK AS BAR & RESTAURANT. GREAT POTENTIAL. OWNER FINANCING POSSIBLE.MANY USES BY SPECIAL EXCEPTION

Last Agent to Sell the Property

Spencer Speros

(717) 431-0858 ssperos@comcast.net A' La Carte Real Estate Svcs License #RM421936 Listed on: 04/30/2014

Last Buyer's Agent

Spencer Speros

(717) 431-0858 ssperos@comcast.net A' La Carte Real Estate Svcs License #RM421936 Listed on: 04/30/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40 x177
  • Sprinkler System

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Composition Roof
  • Built-Up Roof

Basement

  • Exterior Basement Entry

Home Security

  • Home Security System
  • Fire Escape

Parking

  • 8 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Schools

  • Price Elementary School
  • Jackson Middle School
  • Mccaskey Campus High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3380021400000

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Lancaster Subdivision

Building Details

  • Income includes apartment rentals
  • Electric Expense $856
  • Fuel Expense $3,600
  • Insurance Expense $2,000
  • Trash Expense $900
  • Operating Expense $8,556
  • Net Operating Income $31,904

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Current Use: Office
  • New Construction: No
  • Storage: Basement
  • Year Built: 1880
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Sprinkler System
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Outside Entrance

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Exterior Features: Fire Escape
  • Roof: Built-Up, Composite, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Spaces Total: 8.00
  • Type Of Parking: Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit, Window Unit(s)
  • Cooling: Yes
  • Electric Expense: 856.00
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard, Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1200.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: PRICE
  • High School: MCCASKEY CAMPUS
  • Middle Or Junior School: JACKSON

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 40 X177
  • Zoning: R3
  • Zoning Description: Res/Multi-Family,Residential
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 3524.33
  • Tax Annual Amount: 5869.76
  • Assessor Parcel Number: 3380021400000
  • County Tax Payment Frequency: Annually

Multi Family

  • Fuel Expense: 3600.00
  • Gross Income: 46200.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 8556.00
  • 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
Apr 30, 2014
Closed on
May 29, 2015
Sold by
Jag Scott Properties Llc
Bought by
Marquez Miguel R
Seller's Agent
Spencer Speros
A' La Carte Real Estate Svcs
Buyer's Agent
Spencer Speros
A' La Carte Real Estate Svcs
List Price
$285,000
Sold Price
$232,000
Premium/Discount to List
-$53,000
-18.6%
Current Estimated Value
$460,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,577
Avg. Annual Appreciation
6.73%
Original Mortgage
$174,000
Outstanding Balance
$134,285
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$326,292

Purchase Details

Closed on
Apr 29, 2011
Sold by
Tsoflias Artemis and Tsoflias John
Bought by
Jag/Scott Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 15, 2006
Sold by
Kramer Karen Louise and Carey Karen L
Bought by
Tsoflias Artemis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.62%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marquez Miguel R $232,000 First American Title Ins Co
Jag/Scott Properties Llc $258,000 None Available
Tsoflias Artemis $177,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marquez Miguel R $174,000
Previous Owner Jag/Scott Properties Llc $220,000
Previous Owner Tsoflias Artemis $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2015 05/29/15 Sold $232,000 -18.6% --
03/30/2015 03/30/15 Pending -- -- --
04/30/2014 04/30/14 For Sale $285,000 -- --
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 $8,879 $224,400 $54,400 $170,000
2024 $8,879 $224,400 $54,400 $170,000
2023 $8,730 $224,400 $54,400 $170,000
2022 $8,367 $224,400 $54,400 $170,000
2021 $8,187 $224,400 $54,400 $170,000
2020 $8,187 $224,400 $54,400 $170,000
2019 $8,065 $224,400 $54,400 $170,000
2018 $4,786 $224,400 $54,400 $170,000
2017 $6,068 $132,100 $29,400 $102,700
2016 $6,012 $132,100 $29,400 $102,700
2015 $2,345 $132,100 $29,400 $102,700
2014 $5,247 $132,100 $29,400 $102,700
Source: Public Records

Agents Affiliated with this Home

  • Spencer Speros

    Seller's Agent in 2015

    Spencer Speros

    A' La Carte Real Estate Svcs

    (717) 431-0858

    2 in this area

    41 Total Sales

    Spencer Speros
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002732185

Bright MLS

APN: 338-00214-0-0000

Pennsylvania Lancaster County Lancaster 17603 Cabbage Hill

552 Saint Joseph St, Lancaster, PA

Not Listed for Sale

MultiFamily

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