NOT LISTED FOR SALE

601 S Prince St Lancaster, PA 17603

Southside Lancaster Neighborhood

Estimated Value: $205,102 - $248,000

-- Bed
-- Bath
1,472 Sq Ft
$154/Sq Ft Est. Value

Last Sold October 05, 2018

Last sale price $104,900 $71 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,456/month

521 Days on Market

Highlights

  • No HOA
  • Heating System Uses Oil
  • 3-minute walk to South End Park

About This Home

As of October 2018

Motivated Seller... Bring Offer! Great investment opportunity. 1st Floor Commercial Space. 2nd Floor Apartment Rental. Appraised above list price in 2011. Off street parking. Corner property. Some expenses are projected. Owner pays Water and Sewer $1375 (Other Expense) included in $6036 Operating Expenses.

Last Agent to Sell the Property

Timothy Shreiner

(717) 560-8496 shreinergroup@homesale.com Berkshire Hathaway HomeServices Homesale Realty License #RS187003L Listed on: 02/28/2017

Berkshire Hathaway HomeServices Homesale Realty

Co-Listed By

Joel Leaman

(717) 560-8496 jleaman@homesale.com Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Stephen Burkett

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

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 1,742

Home Design

  • 1,472 Sq Ft Home
  • Shingle Roof
  • Composition Roof

Basement

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

Parking

  • 1 Parking Space
  • On-Street Parking
  • Off-Street Parking

Schools

  • Mccaskey Campus High School

Utilities

  • Heating System Uses Oil
  • Electric Water Heater

Additional Features

  • 1,742 Sq Ft Lot
  • Urban Location

Listing and Financial Details

  • Tenant pays for heat, hot water, electricity
  • The owner pays for sewer, water, trash collection
  • Assessor Parcel Number 334-00761-0-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lancaster Subdivision

Building Details

  • Income includes apartment rentals, shop rentals
  • Insurance Expense $1,700
  • Other Expense $1,375
  • Trash Expense $210
  • Operating Expense $6,036
  • Net Operating Income $11,307

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Current Use: Office
  • New Construction: No
  • Other Expense: 1375.00
  • Storage: Basement
  • Year Built: 1890
  • Remarks Public: Motivated Seller... Bring Offer! Great investment opportunity. 1st Floor Commercial Space. 2nd Floor Apartment Rental. Appraised above list price in 2011. Off street parking. Corner property. Some expenses are projected. Owner pays Water and Sewer $1375 (Other Expense) included in $6036 Operating Expenses.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Outside Entrance
  • Total Sq Ft: 1472
  • Living Area Sq Ft: 1472
  • Price Per Sq Ft: 71.26
  • Above Grade Finished Sq Ft: 1472
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 601

Exterior Features

  • Other Structures: Above Grade
  • Roof: Composite, Shingle, Unknown
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Spaces Total: 1.00
  • Type Of Parking: Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • High School: MCCASKEY CAMPUS
  • School District Key: 300200397286
  • High School: MCCASKEY CAMPUS

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Zoning: MIXED USE
  • Zoning Description: Other - See Remarks

Rental Info

  • Owner Pays: Sewer, Water, Trash Collection
  • Tenant Pays: Heat, Hot Water, Electricity
  • Vacation Rental: No

Tax Info

  • School Tax: 1649.00
  • Tax Annual Amount: 2701.00
  • Assessor Parcel Number: 334-00761-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 10/05/2018

Multi Family

  • Gross Income: 17343.00
  • Income Includes: Apartment Rentals, Shop Rentals
  • Operating Expense: 6036.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
  • 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
Feb 28, 2017
Closed on
Oct 5, 2018
Sold by
Sage Michael T and Sage Laura
Bought by
Encarnacion Guzman Roytel A
Seller's Agent
Timothy Shreiner
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Stephen Burkett
Berkshire Hathaway HomeServices Homesale Realty
List Price
$104,900
Sold Price
$104,900
Current Estimated Value
$226,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,651
Avg. Annual Appreciation
11.57%
Original Mortgage
$88,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Encarnacion Guzman Roytel A $104,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Encarnacion Guzman Roytel A $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2018 10/05/18 Sold $104,900 0.0% $71 / Sq Ft
08/03/2018 08/03/18 Pending -- -- --
02/28/2017 02/28/17 For Sale $104,900 -- $71 / 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 $3,059 $77,300 $35,600 $41,700
2024 $3,059 $77,300 $35,600 $41,700
2023 $3,007 $77,300 $35,600 $41,700
2022 $2,882 $77,300 $35,600 $41,700
2021 $2,820 $77,300 $35,600 $41,700
2020 $2,820 $77,300 $35,600 $41,700
2019 $2,778 $77,300 $35,600 $41,700
2018 $1,649 $77,300 $35,600 $41,700
2017 $3,077 $67,000 $21,400 $45,600
2016 $3,049 $67,000 $21,400 $45,600
2015 $1,190 $67,000 $21,400 $45,600
2014 $2,661 $67,000 $21,400 $45,600
Source: Public Records

Agents Affiliated with this Home

  • Timothy Shreiner

    Seller's Agent in 2018

    Timothy Shreiner

    Berkshire Hathaway HomeServices Homesale Realty

    (717) 560-8496

    1 in this area

    261 Total Sales

    Timothy Shreiner
    Section Image
  • Joel Leaman

    Seller Co-Listing Agent in 2018

    Joel Leaman

    Berkshire Hathaway HomeServices Homesale Realty

    (717) 560-8496

    1 in this area

    87 Total Sales

    Joel Leaman
    Section Image
  • Stephen Burkett

    Buyer's Agent in 2018

    Stephen Burkett

    Berkshire Hathaway HomeServices Homesale Realty

    (717) 393-0100

    110 Total Sales

    Stephen Burkett
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002669271

Bright MLS

APN: 334-00761-0-0000

Pennsylvania Lancaster County Lancaster 17603 Southside Lancaster

601 S Prince St, Lancaster, PA

This home is located at 601 S Prince St, Lancaster, PA 17603 since 28 February 2017 and is currently estimated at $226,551, approximately $153 per square foot. This property was built in 1890. 601 S Prince St is a home located in Lancaster County with nearby schools including Price Elementary School, Jackson Middle School, and McCaskey High School.

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