NOT LISTED FOR SALE

57 E Lincoln Ave Lititz, PA 17543

Estimated Value: $298,000 - $439,000

-- Bed
2 Baths
1,995 Sq Ft
$195/Sq Ft Est. Value

Last Sold December 21, 2012

Last sale price $145,000 $73 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $2,440/month

Highlights

  • No HOA
  • 3 Car Detached Garage
  • Parking Storage or Cabinetry
  • Warwick Senior High School Rated 9+
  • Window Unit Cooling System
  • Baseboard Heating

About This Home

As of December 2012

Great investment opportunity in a desirable location. Solid home with separated heat and fenced yard. Inviting wrap around porch and walking distance to downtown Lititz.

Last Agent to Sell the Property

Justin Oberholtzer

joberholtzer@kw.com Keller Williams Elite Listed on: 10/15/2012

Keller Williams Elite

Last Buyer's Agent

Justin Oberholtzer

joberholtzer@kw.com Keller Williams Elite Listed on: 10/15/2012

Keller Williams Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,189

Year Built

  • Built in 1923

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof

Attic

  • Storage In Attic

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 3 Car Detached Garage
  • Parking Storage or Cabinetry
  • On-Street Parking
  • Off-Street Parking

Schools

  • Warwick Middle School
  • Warwick High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Baseboard Heating
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for heat, electricity
  • Assessor Parcel Number 3702407100000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Electric Expense $894
  • Insurance Expense $683
  • Maintenance Expense $66
  • Operating Expense $3,139
  • Net Operating Income $11,252

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,189

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Storage: Attic, Basement, Garage
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Partially Finished

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Composite, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Parking Spaces Total: 3.00
  • Type Of Parking: Off Street, On Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Electric Expense: 894.00
  • Electric Service: 200+ Amp Service
  • Heating Type: Baseboard, Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1496.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: WARWICK
  • Middle Or Junior School: WARWICK

Lot Info

  • Lot Size Acres: 0.17
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 4082915
  • School Tax: 2458.67
  • Tax Annual Amount: 3188.99
  • Assessor Parcel Number: 3702407100000
  • County Tax Payment Frequency: Annually

Multi Family

  • Gross Income: 17580.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 3139.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2012
Closed on
Dec 21, 2012
Sold by
Oberholtzer Justin and Oberholtzer Justin M
Bought by
Oberholtzer Donovans S and Oberholtzer Carol J
Seller's Agent
Justin Oberholtzer
Keller Williams Elite
Buyer's Agent
Justin Oberholtzer
Keller Williams Elite
List Price
$189,900
Sold Price
$145,000
Premium/Discount to List
-$44,900
-23.64%
Current Estimated Value
$388,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,039
Avg. Annual Appreciation
7.96%
Original Mortgage
$108,750
Outstanding Balance
$75,275
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$312,764

Purchase Details

Closed on
Jul 31, 2006
Sold by
Oberholtzer Jay R and Oberholtzer Rhoda S
Bought by
Oberholtzer Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.67%
Mortgage Type
Seller Take Back
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
Oberholtzer Donovans S $145,000 None Available
Oberholtzer Justin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oberholtzer Donovans S $108,750
Previous Owner Oberholtzer Justin $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2012 12/21/12 Sold $145,000 -23.6% $73 / Sq Ft
11/23/2012 11/23/12 Pending -- -- --
10/15/2012 10/15/12 For Sale $189,900 -- $95 / 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 $4,789 $211,700 $53,300 $158,400
2024 $4,789 $211,700 $53,300 $158,400
2023 $4,770 $211,700 $53,300 $158,400
2022 $4,505 $211,700 $53,300 $158,400
2021 $4,505 $211,700 $53,300 $158,400
2020 $4,505 $211,700 $53,300 $158,400
2019 $4,505 $211,700 $53,300 $158,400
2018 $3,466 $211,700 $53,300 $158,400
2017 $3,586 $132,400 $33,300 $99,100
2016 $3,586 $132,400 $33,300 $99,100
2015 $839 $132,400 $33,300 $99,100
2014 $2,610 $132,400 $33,300 $99,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1005846139

Bright MLS

APN: 370-24071-0-0000