NOT LISTED FOR SALE

Estimated Value: $284,000 - $324,000

-- Bed
2 Baths
1,166 Sq Ft
$256/Sq Ft Est. Value

Last Sold August 22, 2016

Last sale price $140,000 $120 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,852/month

10 Days on Market

Highlights

  • No HOA
  • Shed
  • Baseboard Heating
  • Window Unit Cooling System
  • Forced Air Heating and Cooling System

About This Home

As of August 2016

Fantastic, rare multi-unit! Two detached side by side units! Live in one and rent the other or rent both! Updated kitchens, bathrooms, plumbing, electric & mechanicals! These units are move-in ready! Both have their own washer/dryer hook-ups & electric! Covered porches and decks! Level, mature backyard! Both were rented for the last several years at $840 a month each.

Last Agent to Sell the Property

Craig Harnish

Kingsway Realty - Lancaster Listed on: 07/18/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,595

Year Built

  • Built in 1930

Lot Details

  • 6,970

Home Design

  • Duplex
  • Poured Concrete
  • Frame Construction
  • Shingle Roof
  • Slate Roof
  • Composition Roof

Attic

  • Storage In Attic

Unfinished Basement

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

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Shed
  • Storage Shed

Schools

  • Solanco High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Shared Well
  • Electric Water Heater
  • Shared Septic

Additional Features

  • Washer and Dryer Hookup
  • 6,970 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for heat, hot water, trash removal, electricity
  • Assessor Parcel Number 5208258100000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,000
  • Maintenance Expense $1,000
  • Operating Expense $2,000
  • Net Operating Income $15,565

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,595

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • New Construction: No
  • Storage: Attic, Basement, Shed
  • Year Built: 1930
  • Remarks Public: Fantastic, rare multi-unit! Two detached side by side units! Live in one and rent the other or rent both! Updated kitchens, bathrooms, plumbing, electric & mechanicals! These units are move-in ready! Both have their own washer/dryer hook-ups & electric! Covered porches and decks! Level, mature backyard! Both were rented for the last several years at $840 a month each.
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Full, Outside Entrance, Unfinished
  • Street Number Modifier: 57-59

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Window Unit(s)
  • Cooling: Yes
  • Electric Service: 100 Amp Service
  • Heating Type: Forced Air, Heat Pump(s), Baseboard, Hot Water, Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Shared Septic
  • Water Source: Well-Shared

Condo/Co-op/Association

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

Schools

  • School District: SOLANCO
  • High School: SOLANCO
  • School District Key: 300200397377
  • High School: SOLANCO

Lot Info

  • Land Use Code: RESD
  • Lot Size Acres: 0.16
  • Property Attached Yn: Yes
  • Zoning: RESD
  • Zoning Description: Residential
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 4132913
  • School Tax: 1901.09
  • Tax Annual Amount: 2594.72
  • Assessor Parcel Number: 5208258100000
  • County Tax Payment Frequency: Annually
  • Close Date: 08/22/2016

Multi Family

  • Gross Income: 20160.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 2000.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: SOLANCO

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2016
Closed on
Aug 22, 2016
Sold by
Musser Robert F
Bought by
King Christian S and King Emma S
Seller's Agent
Craig Harnish
Kingsway Realty - Lancaster
List Price
$154,500
Sold Price
$140,000
Premium/Discount to List
-$14,500
-9.39%
Current Estimated Value
$298,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,892
Avg. Annual Appreciation
8.77%

Purchase Details

Closed on
Dec 13, 1999
Sold by
Musser Robert E and Neff Robert L
Bought by
Musser Robert E and Musser Robert F
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Christian S $140,000 None Available
Musser Robert E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Musser Robert F $183,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2016 08/22/16 Sold $140,000 -9.4% $120 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
07/18/2016 07/18/16 For Sale $154,500 -- $133 / 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 $2,706 $173,900 $39,900 $134,000
2024 $2,706 $173,900 $39,900 $134,000
2023 $2,624 $173,900 $39,900 $134,000
2022 $2,545 $173,900 $39,900 $134,000
2021 $2,455 $173,900 $39,900 $134,000
2020 $2,455 $173,900 $39,900 $134,000
2019 $2,391 $173,900 $39,900 $134,000
2018 $2,800 $173,900 $39,900 $134,000
2017 $2,568 $152,700 $17,000 $135,700
2016 $2,595 $152,700 $17,000 $135,700
2015 $694 $152,700 $17,000 $135,700
2014 $1,802 $152,700 $17,000 $135,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002738961

Bright MLS

APN: 520-82581-0-0000