NOT LISTED FOR SALE

Estimated Value: $190,000 - $266,000

-- Bed
2 Baths
1,800 Sq Ft
$133/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $105,000 $58 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $1,507/month

5 Days on Market

Highlights

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

About This Home

As of February 2020

Great investment opportunity! Up & down 2 unit with current year to year leases, split utilities for each unit and common areas. See also MLS# PALA157294, (566 Manor St) for additional 2 unit beside this one and also available separately or together! If both 2 units are purchased together, seller is offering a package price of $209,900. All units are 2 BR, 1 Bath.

Last Agent to Sell the Property

Virginia Volpone

(717) 394-8444 gingervolpone@me.com Berkshire Hathaway HomeServices Homesale Realty License #RS162060A Listed on: 01/14/2020

Berkshire Hathaway HomeServices Homesale Realty

Co-Listed By

Stephen Burkett

(717) 393-0100 sburkett@homesale.com Berkshire Hathaway HomeServices Homesale Realty License #RS339161

Last Buyer's Agent

C Michael Rohrbach

(717) 371-1949 mike@rohrbachrealestate.com Rohrbach Real Estate Co. License #RB024982A

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 1,742 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Masonry

Interior Spaces

  • 1,800 Sq Ft Home
  • Dining Area
  • Basement Fills Entire Space Under The House
  • Electric Oven or Range

Flooring

  • Wood
  • Carpet

Home Security

  • Storm Windows
  • Fire Escape

Utilities

  • Hot Water Heating System
  • 100 Amp Service
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • The owner pays for common area maintenance, repairs, sewer, snow removal, real estate taxes, trash collection, water, lawn/shrub care
  • Assessor Parcel Number 338-26814-0-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 2-Story Building
  • 8Th Ward Subdivision

Building Details

  • Income includes apartment rentals
  • Insurance Expense $734
  • Maintenance Expense $2,000
  • Trash Expense $500
  • Operating Expense $2,441
  • Gross Income $16,200
  • Net Operating Income $10,060

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: Refrigerator & Stove
  • New Construction: No
  • Year Built: 1924
  • Special Features: VirtualTour

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Interior Amenities: Carpet, Dining Area, Wood Floors
  • Window Features: Storm
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 61.06
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Masonry
  • Exterior Features: Sidewalks, Street Lights, Fire Escape
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Zoning: C-1-NEIGHBORHOOD
  • Zoning Description: Commercial Neighborhood

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: Common Area Maintenance, Repairs, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection, Water, Lawn/Shrub Care
  • Total Actual Rent: 16200.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 1660.00
  • Tax Annual Amount: 2769.00
  • Assessor Parcel Number: 338-26814-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

Multi Family

  • Gross Income: 16200.00
  • Gross Scheduled Income: 16200.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 2441.00
  • 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
Jan 14, 2020
Closed on
Feb 24, 2020
Sold by
Velez Rafael and Velez Jean T
Bought by
Martin Craig A
Seller's Agent
Virginia Volpone
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
C Michael Rohrbach
Rohrbach Real Estate Co.
List Price
$109,900
Sold Price
$105,000
Premium/Discount to List
-$4,900
-4.46%
Current Estimated Value
$238,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,939
Avg. Annual Appreciation
15.29%
Original Mortgage
$78,750
Outstanding Balance
$69,744
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$169,195

Purchase Details

Closed on
Jun 17, 2011
Sold by
Cuddy Roda John Anthony and Cuddy Roda Ann
Bought by
Velez Rafael and Velez Jean T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,040
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2011
Sold by
Cuddy Roda John Anthony and Cuddy Roda Ann
Bought by
Cuddy Roda John Anthony and Cuddy Roda Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,600
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 1999
Sold by
Carroll John T and Krasny Marvin
Bought by
Swift Tom
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Martin Craig A $105,000 Abstract Associated Of Lanca
Velez Rafael $66,300 None Available
Cuddy Roda John Anthony -- None Available
Swift Tom -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Craig A $78,750
Previous Owner Velez Rafael $53,040
Previous Owner Cuddy Roda John Anthony $46,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2020 02/28/20 Sold $105,000 -4.5% $58 / Sq Ft
01/19/2020 01/19/20 Pending -- -- --
01/14/2020 01/14/20 For Sale $109,900 -- $61 / 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 $3,003 $75,900 $12,500 $63,400
2024 $3,003 $75,900 $12,500 $63,400
2023 $2,953 $75,900 $12,500 $63,400
2022 $2,830 $75,900 $12,500 $63,400
2021 $2,769 $75,900 $12,500 $63,400
2020 $2,769 $75,900 $12,500 $63,400
2019 $2,728 $75,900 $12,500 $63,400
2018 $1,619 $75,900 $12,500 $63,400
2017 $2,503 $54,500 $10,900 $43,600
2016 $2,480 $54,500 $10,900 $43,600
2015 $968 $54,500 $10,900 $43,600
2014 $2,165 $54,500 $10,900 $43,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA157188

Bright MLS

APN: 338-26814-0-0000