NOT LISTED FOR SALE

Estimated Value: $174,000 - $338,222

Studio
2 Baths
2,976 Sq Ft
$82/Sq Ft Est. Value

Sale Details

Date Sold: March 18, 2016

Last sale price $115,000 $39 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,456 / mo

11 Days on Market

Highlights

  • 0.11 Acre Lot
  • Parking Storage or Cabinetry
  • 3-minute walk to South End Park
  • No HOA
  • Baseboard Heating

About This Home

As of March 2016

2-unit plus 9 garages! Great cash flow opportunity. Units are well maintained. Would make a good addition to your investment portfolio.

Last Agent to Sell the Property

Ron Shepherd

(717) 740-2221 contracts@ironvalleyrealestateoflancaster.com Iron Valley Real Estate of Lancaster Listed on: 02/19/2016

Last Buyer's Agent

Christine Nolt

(717) 569-8701 lynn@kingswayrealty.com Kingsway Realty - Lancaster License #RS332150

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,824

Year Built

  • Built in 1915

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 100x50

Home Design

  • Converted Dwelling
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Laundry

  • Washer and Dryer Hookup

Attic

  • Storage In Attic

Unfinished Basement

  • Partial Basement
  • Basement Storage

Parking

  • 2 Car 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

Listing and Financial Details

  • Tenant pays for heat, hot water, sewer, trash removal, electricity, water
  • Assessor Parcel Number 3341206200000

Community Details

Overview

  • No Home Owners Association
  • 11 Units
  • Lancaster Subdivision

Building Details

  • Income includes apartment rentals
  • Insurance Expense $900
  • Maintenance Expense $416
  • Other Expense $100
  • Operating Expense $1,416
  • Net Operating Income $18,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,824

Year Built

Built in 1915

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • Current Use: Office
  • New Construction: No
  • Other Expense: 100.00
  • Storage: Attic, Basement, Garage
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Partial, Unfinished

Exterior Features

  • Construction Materials: Vinyl Siding
  • 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: No
  • Parking Spaces Total: 2.00
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

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

Schools

  • High School: MCCASKEY CAMPUS

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 100x50
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 4057714
  • School Tax: 1708.97
  • Tax Annual Amount: 2823.99
  • Assessor Parcel Number: 3341206200000
  • County Tax Payment Frequency: Annually

Multi Family

  • Gross Income: 22980.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 1416.00
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2016
Closed on
Mar 18, 2016
Sold by
Bought by
Seller's Agent
Ron Shepherd
Iron Valley Real Estate of Lancaster
Buyer's Agent
Christine Nolt
Kingsway Realty - Lancaster
List Price
$114,900
Sold Price
$115,000
Premium/Discount to List
$100
0.09%
Current Estimated Value
$242,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,806
Avg. Annual Appreciation
7.50%
Original Mortgage
$105,000
Interest Rate
0.0365%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2011
Sold by
Bought by

Purchase Details

Closed on
Jul 27, 2011
Sold by
Bought by

Purchase Details

Closed on
Jul 20, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,675
Interest Rate
0.0754%
Mortgage Type
Balloon
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$115,000 Attorney
$55,000 None Available
$36,750 None Available
$88,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $297,133
Closed $105,000
Previous Owner $66,675
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/18/2016 03/18/16 Sold $115,000 +0.1% $39 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $114,900 -- $39 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,736 $43,400 $7,100 $36,300
2025 $1,717 $43,400 $7,100 $36,300
2024 $1,717 $43,400 $7,100 $36,300
2023 $1,688 $43,400 $7,100 $36,300
2022 $1,618 $43,400 $7,100 $36,300
2021 $1,583 $43,400 $7,100 $36,300
2020 $1,583 $43,400 $7,100 $36,300
2019 $1,560 $43,400 $7,100 $36,300
2018 $926 $43,400 $7,100 $36,300
2017 $2,885 $62,800 $8,300 $54,500
2016 $2,858 $62,800 $8,300 $54,500
2015 $1,115 $62,800 $8,300 $54,500
2014 $2,494 $62,800 $8,300 $54,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002737753

Bright MLS

APN: 334-12062-0-0000

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