NOT LISTED FOR SALE

Estimated Value: $427,126

-- Bed
-- Bath
3,696 Sq Ft
$116/Sq Ft Est. Value

Last Sold December 30, 2014

Last sale price $210,000 $57 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,041/month

25 Days on Market

Highlights

  • 0.08 Acre Lot
  • Attached Garage
  • Outdoor Storage
  • No HOA
  • Parking Storage or Cabinetry
  • 3-minute walk to Crystal Park

About This Home

As of December 2014

BRING AN OFFER - SELLER WANTS SOLD BEFORE 2015! - Heritage corner Five and Dime building up for grabs with multiple revenue streams. Rentals include retail, apartments, storage, warehouse & garage. Many apartments recently remodeled. Solid building & mechanicals. Make money instantly with 17.22% CAP rate. Mini-Market/Deli business not for sale.

Last Agent to Sell the Property

Mark Rebert

(717) 742-0778 mrebert@homesale.com Berkshire Hathaway HomeServices Homesale Realty License #RS317618 Listed on: 11/16/2014

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1902

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 40x112x42x112

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Shingle Roof
  • Rubber Roof
  • Metal Roof

Attic

  • Storage In Attic

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Parking

  • Attached Garage
  • Parking Storage or Cabinetry
  • On-Street Parking

Schools

  • Mccaskey Campus High School

Utilities

  • Baseboard Heating
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement Fills Entire Space Under The House
  • Outdoor Storage

Listing and Financial Details

  • Tenant pays for heat, hot water, electricity
  • Assessor Parcel Number 3382418100000

Community Details

Overview

  • No Home Owners Association
  • 10 Units
  • Cabbage Hill Subdivision

Building Details

  • Income includes apartment rentals, professional offices
  • Electric Expense $1,437
  • Insurance Expense $1,427
  • Maintenance Expense $480
  • Other Expense $2,059
  • Trash Expense $1,237
  • Operating Expense $9,238
  • Net Operating Income $38,565

Property Details

Home Type

Multi-Family

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • Current Use: Office
  • New Construction: No
  • Other Expense: 2058.80
  • Storage: Attic, Basement, Garage
  • Year Built: 1902
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Unfinished

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Exterior Features: Fire Escape, Secure Storage
  • Roof: Shingle, Metal, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Garage Features: Built In
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Expense: 1437.24
  • Electric Service: 100 Amp Service
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 2597.72
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: MCCASKEY CAMPUS

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 40x112x42x112
  • Property Attached Yn: Yes
  • Zoning: C1
  • Zoning Description: Commercial,Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Heat, Hot Water, Electricity
  • Vacation Rental: No

Tax Info

  • School Tax: 4799.61
  • Tax Annual Amount: 7817.44
  • Assessor Parcel Number: 3382418100000
  • County Tax Payment Frequency: Annually

Multi Family

  • Gross Income: 55620.00
  • Income Includes: Apartment Rentals, Professional Offices
  • Operating Expense: 9237.96
  • 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
Nov 16, 2014
Closed on
Dec 29, 2014
Sold by
Hart Linda Halbert and Estate Of Michael R Mastros
Bought by
Manthei Michael and Manthei Kristin
Seller's Agent
Mark Rebert
Berkshire Hathaway HomeServices Homesale Realty
List Price
$224,000
Sold Price
$210,000
Premium/Discount to List
-$14,000
-6.25%
Current Estimated Value
$427,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,126
Avg. Annual Appreciation
6.70%
Original Mortgage
$200,000
Outstanding Balance
$153,642
Interest Rate
3.92%
Mortgage Type
Commercial
Estimated Equity
$273,484
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
Manthei Michael $210,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manthei Michael $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2014 12/30/14 Sold $210,000 -6.3% $57 / Sq Ft
12/11/2014 12/11/14 Pending -- -- --
11/16/2014 11/16/14 For Sale $224,000 -- $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 $9,544 $241,200 $42,200 $199,000
2024 $9,544 $241,200 $42,200 $199,000
2023 $9,384 $241,200 $42,200 $199,000
2022 $8,993 $241,200 $42,200 $199,000
2021 $8,800 $241,200 $42,200 $199,000
2020 $8,800 $241,200 $42,200 $199,000
2019 $8,668 $241,200 $42,200 $199,000
2018 $5,144 $241,200 $42,200 $199,000
2017 $8,263 $179,900 $24,600 $155,300
2016 $8,188 $179,900 $24,600 $155,300
2015 $3,194 $179,900 $24,600 $155,300
2014 $7,146 $179,900 $24,600 $155,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002734247

Bright MLS

APN: 338-24181-0-0000