NOT LISTED FOR SALE

Estimated Value: $256,242 - $388,000

-- Bed
-- Bath
2,806 Sq Ft
$115/Sq Ft Est. Value

Last Sold February 01, 2019

Last sale price $150,000 $53 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,039/month

12 Days on Market

Highlights

  • Federal Architecture
  • No HOA
  • 3-minute walk to Crystal Park

About This Home

As of February 2019

4-unit investment property located in the up and coming SoWe neighborhood. This property has tons of potential and neighborhood incentives are available to investors.

Last Agent to Sell the Property

Luis Ortega

Weichert Realtors - The Ortega Group License #RM425269 Listed on: 11/30/2018

Weichert Realtors - The Ortega Group

Last Buyer's Agent

Luis Ortega

Weichert Realtors - The Ortega Group License #RM425269 Listed on: 11/30/2018

Weichert Realtors - The Ortega Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,701

Year Built

  • Built in 1876

Lot Details

  • 1,307 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 2,806 Sq Ft Home
  • Quadruplex
  • Federal Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Rubber Roof

Utilities

  • 100 Amp Service
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 338-18897-0-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 3-Story Building

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,701

Year Built

Built in 1876

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1876
  • Remarks Public: 4-unit investment property located in the up and coming SoWe neighborhood. This property has tons of potential and neighborhood incentives are available to investors.
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Poured Concrete
  • Total Sq Ft: 2806
  • Living Area Sq Ft: 2806
  • Price Per Sq Ft: 57.02
  • Above Grade Finished Sq Ft: 2806
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 559-561

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: 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

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Electric
  • 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: 43500.00
  • Land Assessed Value: 33800.00
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Zoning: 575 MIX
  • Zoning Description: Mixed Use Resudential

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Number Of Units Month To Month: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4067216
  • School Tax: 1649.00
  • Tax Annual Amount: 2701.00
  • Assessor Parcel Number: 338-18897-0-0000
  • Tax Total Finished Sq Ft: 2806
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 02/01/2019

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Single Room Units Count: 1

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2018
Closed on
Mar 4, 2019
Sold by
Slatehouse Group Llc
Bought by
559 Manor Street Llc
Seller's Agent
Luis Ortega
Weichert Realtors - The Ortega Group
Buyer's Agent
Luis Ortega
Weichert Realtors - The Ortega Group
List Price
$160,000
Sold Price
$150,000
Premium/Discount to List
-$10,000
-6.25%
Current Estimated Value
$322,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,121
Avg. Annual Appreciation
12.45%
Original Mortgage
$22,500
Outstanding Balance
$19,980
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$300,589

Purchase Details

Closed on
Oct 30, 2014
Sold by
Paquin Michelle A
Bought by
Slatehouse Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Closed on
May 9, 2014
Sold by
Paquin Michelle Ann and The Estate Of Joan L Paquin
Bought by
Paquin Michelle A

Purchase Details

Closed on
May 27, 2009
Sold by
Zayas Rentel Augusto
Bought by
Paquin Michelle A and Paquin Joan L

Purchase Details

Closed on
Dec 29, 2006
Sold by
Paquin Michelle A and Paquin Joan L
Bought by
Zayas Rentel Augusto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,655
Interest Rate
6.33%
Mortgage Type
Commercial
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
559 Manor Street Llc $150,000 None Available
Slatehouse Group Llc $72,000 None Available
Paquin Michelle A -- None Available
Paquin Michelle A $2,780 None Available
Zayas Rentel Augusto $60,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 559 Manor Street Llc $22,500
Open 559 Manor Street Llc $212,500
Previous Owner Slatehouse Group Llc $57,600
Previous Owner Paquin Michelle A $10,000
Previous Owner Zayas Rentel Augusto $61,655
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2019 02/01/19 Sold $150,000 -6.3% $53 / Sq Ft
12/12/2018 12/12/18 Pending -- -- --
11/30/2018 11/30/18 For Sale $160,000 -- $57 / 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 $3,059 $77,300 $33,800 $43,500
2023 $3,007 $77,300 $33,800 $43,500
2022 $2,882 $77,300 $33,800 $43,500
2021 $2,820 $77,300 $33,800 $43,500
2020 $2,820 $77,300 $33,800 $43,500
2019 $2,778 $77,300 $33,800 $43,500
2018 $1,649 $77,300 $33,800 $43,500
2017 $3,179 $69,200 $19,700 $49,500
2016 $3,149 $69,200 $19,700 $49,500
2015 $1,229 $69,200 $19,700 $49,500
2014 $2,749 $69,200 $19,700 $49,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA111428

Bright MLS

APN: 338-18897-0-0000