NOT LISTED FOR SALE

553 W King St York, PA 17401

West Bank Neighborhood

Estimated Value: $192,000 - $213,000

Studio
3 Baths
2,324 Sq Ft
$87/Sq Ft Est. Value

Sale Details

Date Sold: March 14, 2019

Last sale price $102,000 $44 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,371 / mo

20 Days on Market

Highlights

  • 0.1 Acre Lot
  • Central Air
  • Hot Water Heating System
  • No HOA

About This Home

As of March 2019

553/555 W King are a PACKAGE DEAL - BOTH for the listing price IN OPPORTUNITY ZONE!BARGAIN PRICE FOR TWO Buildings with FOUR UNITS THAT HAVE THE RENTAL INCOME OF MORE THAN 2500 DOLLARS PER MONTH! 4 units with central air conditioning, 2-3 bedrooms per unit. Leases available. Fully rented. Separate utilities paid by tenants. THREE NEW GAS FURNACES @5 years ago. Kitchen appliances included. Located next door to Lincoln Academy... 2 BR, 1.5 BA - $645 Lease is up 9/19 3 BR, 1 BA - $600 Lived here since 2015! 3 BR, 1 BA - $555 Lived here since 2000 Rent pd by York Housing 3 BR, 1 BA - $709 Lease is up 9/30/19 Water -- $200 a monthTaxes -- 5,893.43Electric -- $20 a monthTrash -- $109 a month

Last Agent to Sell the Property

Jenn Goodyear-Counts

(888) 397-7352 pa.broker@exprealty.net EXP Realty, LLC License #RS341079 Listed on: 01/29/2019

EXP Realty, LLC

Last Buyer's Agent

Eric Hoffer

(302) 539-1777 eric@erichofferhomes.com Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 4,139 Sq Ft Lot
  • Backs To Open Common Area

Home Design

  • Duplex
  • Bi-Level Home
  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,324 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • Parking Lot
  • Off-Street Parking
  • Fenced Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Salem Square Subdivision

Listing and Financial Details

  • Tax Lot 0057
  • Assessor Parcel Number 09-193-02-0057-00-00000

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

4,139 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Property
  • New Construction: No
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Wall Ceiling Types: Dry Wall
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2324
  • Living Area Sq Ft: 2324
  • Price Per Sq Ft: 42.17
  • Above Grade Finished Sq Ft: 2324
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Asphalt, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Fenced
  • Type Of Parking: Parking Lot, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: 3rd Party

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Features: Backs - Open Common Area
  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4139.00
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Yearly, Month To Month
  • Ground Rent Exists: No
  • Total Actual Rent: 25200.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10776031
  • School Tax: 1815.00
  • Tax Annual Amount: 3147.00
  • Assessor Parcel Number: 09-193-02-0057-00-00000
  • Tax Lot: 0057
  • Tax Page Number: 7284
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: YORK CITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2019
Sold by
Dirocco Mark A and Dirocco Yanay P
Bought by
Mortar & Lvy Llc
Current Estimated Value
$202,000

Purchase Details

Listed on
Jan 29, 2019
Closed on
Mar 15, 2019
Sold by
Slatehouse Group Llc
Bought by
Dirocco Mark A and Dirocco Yanay P
Seller's Agent
Jenn Goodyear-Counts
EXP Realty, LLC
Buyer's Agent
Eric Hoffer
Coldwell Banker Realty
List Price
$98,000
Sold Price
$102,000
Premium/Discount to List
$4,000
4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.13%
Original Mortgage
$76,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 17, 2014
Closed on
Feb 26, 2015
Sold by
Landis Chad C and Landis Sarah D
Bought by
Slatehouse Group Llc
Seller's Agent
Suzanne Falci
Coldwell Banker Realty
List Price
$47,500
Sold Price
$82,500
Premium/Discount to List
$35,000
73.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%
Original Mortgage
$66,000
Interest Rate
3.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2005
Sold by
Serfass Dee
Bought by
Landis Chad C and Landis Sarah D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mortar & Lvy Llc -- None Available
Dirocco Mark A $102,000 Title Services
Slatehouse Group Llc $82,500 None Available
Landis Chad C $97,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dirocco Mark A $76,500
Previous Owner Slatehouse Group Llc $66,000
Previous Owner Landis Chad C $77,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2019 03/14/19 Sold $102,000 +4.1% $44 / Sq Ft
02/18/2019 02/18/19 Pending -- -- --
01/29/2019 01/29/19 For Sale $98,000 +18.8% $42 / Sq Ft
02/26/2015 02/26/15 Sold $82,500 0.0% $19 / Sq Ft View Prior Sale
02/26/2015 02/26/15 Sold $82,500 +73.7% $38 / Sq Ft View Prior Sale
01/08/2015 01/08/15 Pending -- -- --
01/08/2015 01/08/15 Pending -- -- --
08/17/2014 08/17/14 For Sale $47,500 -52.5% $22 / Sq Ft
06/26/2014 06/26/14 For Sale $99,900 -- $23 / Sq Ft
Source: Bright MLS

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 $3,398 $53,790 $8,520 $45,270
2024 $3,340 $53,790 $8,520 $45,270
2023 $3,340 $53,790 $8,520 $45,270
2022 $3,320 $53,790 $8,520 $45,270
2021 $3,229 $53,790 $8,520 $45,270
2020 $3,152 $53,790 $8,520 $45,270
2019 $3,147 $53,790 $8,520 $45,270
2018 $3,147 $53,790 $8,520 $45,270
2017 $3,189 $53,790 $8,520 $45,270
2016 -- $53,790 $8,520 $45,270
2015 $3,153 $53,790 $8,520 $45,270
2014 $3,153 $53,790 $8,520 $45,270
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jenn Goodyear-Counts

    EXP Realty, LLC

    Section Image

  • E

    Buyer's Agent in 2019

    Eric Hoffer

    Coldwell Banker Realty

    (302) 313-9969

    9 Total Sales

    Eric Hoffer
    Section Image
  • Suzanne Falci

    Seller's Agent in 2015

    Suzanne Falci

    Coldwell Banker Realty

    (717) 577-5722

    21 Total Sales

    Suzanne Falci
    Section Image
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Map

Source: Bright MLS

MLS Number: PAYK108502

Bright MLS

APN: 09-193-02-0057.00-00000

Pennsylvania York County York 17401 West Bank

553 W King St, York, PA

Not Listed for Sale

MultiFamily

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