NOT LISTED FOR SALE

Estimated Value: $290,000 - $337,528

-- Bed
2 Baths
1,968 Sq Ft
$161/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $215,000 $109 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,250/month

55 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • 2-minute walk to Crystal Park
  • Wood Flooring
  • Hot Water Heating System

About This Home

As of August 2021

Spacious two-unit apartment building just a four blocks away from Downtown Lancaster! Close to restaurants, shopping and public transportation! This is a great opportunity for an investor to add to their portfolio or an owner occupant who would like to live in one of the units and rent the other! Recently updated bathrooms and kitchens. Beautiful hardwood floors throughout! Both units are currently occupied. Schedule your showing today!

Last Agent to Sell the Property

Ada Rivera

Home 1st Realty License #RM424646 Listed on: 04/25/2021

Last Buyer's Agent

Spencer Speros

A' La Carte Real Estate Svcs License #RM421936

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 1,742 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Rubber Roof
  • Masonry

Interior Spaces

  • 1,968 Sq Ft Home
  • Wood Flooring
  • Partial Basement

Utilities

  • Radiator
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 335-85363-0-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1942
  • Automatically Close On Close Date: No
  • Remarks Public: Spacious two-unit apartment building just a four blocks away from Downtown Lancaster! Close to restaurants, shopping and public transportation! This is a great opportunity for an investor to add to their portfolio or an owner occupant who would like to live in one of the units and rent the other! Recently updated bathrooms and kitchens. Beautiful hardwood floors throughout! Both units are currently occupied. Schedule your showing today!
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1968
  • Living Area Sq Ft: 1968
  • Price Per Sq Ft: 114.33
  • Above Grade Finished Sq Ft: 1968
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 557

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • School District Key: 300200397286
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 129900.00
  • Land Assessed Value: 30700.00
  • Land Use Code: 114
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4059577
  • School Tax: 3579.00
  • Tax Annual Amount: 5925.00
  • Assessor Parcel Number: 335-85363-0-0000
  • Tax Total Finished Sq Ft: 1968
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/27/2021

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2021
Closed on
Aug 27, 2021
Sold by
Santos Elidia Cabrera and Santos Juan C
Bought by
King Daniel K
Seller's Agent
Ada Rivera
Home 1st Realty
Buyer's Agent
Spencer Speros
A' La Carte Real Estate Svcs
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%
Current Estimated Value
$316,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,132
Avg. Annual Appreciation
10.12%
Original Mortgage
$172,000
Outstanding Balance
$156,619
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$159,513

Purchase Details

Closed on
Jun 1, 1998
Bought by
Santos Juan C
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
King Daniel K $215,000 Lsg Settlements Llc
Santos Juan C $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Daniel K $172,000
Previous Owner Santos Juan C $13,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $215,000 -4.4% $109 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
04/25/2021 04/25/21 For Sale $225,000 -- $114 / 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 $6,355 $160,600 $30,700 $129,900
2024 $6,355 $160,600 $30,700 $129,900
2023 $6,248 $160,600 $30,700 $129,900
2022 $5,988 $160,600 $30,700 $129,900
2021 $5,859 $160,600 $30,700 $129,900
2020 $5,859 $160,600 $30,700 $129,900
2019 $5,772 $160,600 $30,700 $129,900
2018 $6,724 $160,600 $30,700 $129,900
2017 $4,428 $96,400 $22,000 $74,400
2016 $4,387 $96,400 $22,000 $74,400
2015 $1,712 $96,400 $22,000 $74,400
2014 $3,829 $96,400 $22,000 $74,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA181132

Bright MLS

APN: 335-85363-0-0000