NOT LISTED FOR SALE

602 N Plum St Lancaster, PA 17602

Ross Neighborhood

Estimated Value: $339,333

-- Bed
2 Baths
2,584 Sq Ft
$131/Sq Ft Est. Value

Last Sold June 21, 2013

Last sale price $129,900 $50 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $2,412/month

42 Days on Market

About This Home

As of June 2013

Strong income producing propety with 2 units and 2 garages to rent. Seperate utilities and heat. Apartments are spacious and well kept.

Last Buyer's Agent

Ervin Barkman

Kingsway Realty - Lancaster License #RS168511L

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 1,742

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Slate Roof
  • Rubber Roof

Schools

  • Mccaskey Campus High School

Utilities

  • Radiator
  • Baseboard Heating
  • 100 Amp Service
  • Natural Gas Water Heater

Additional Features

  • Washer and Dryer Hookup
  • Basement Fills Entire Space Under The House
  • 1,742 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for heat, hot water, electricity
  • Assessor Parcel Number 3366534600000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Electric Expense $180
  • Insurance Expense $800
  • Maintenance Expense $500
  • Trash Expense $400
  • Operating Expense $2,676
  • Net Operating Income $10,610

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Storage: Basement
  • Year Built: 1890
  • Remarks Public: Strong income producing propety with 2 units and 2 garages to rent. Seperate utilities and heat. Apartments are spacious and well kept.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Street Number Modifier: 602

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Electric Expense: 180.00
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard, Radiator
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 796.00
  • 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

  • Land Use Code: R-114
  • Lot Size Acres: 0.04
  • Property Attached Yn: Yes
  • Zoning: RESIDENTIAL
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

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

Tax Info

  • School Tax: 2473.38
  • Tax Annual Amount: 4113.97
  • Assessor Parcel Number: 3366534600000
  • County Tax Payment Frequency: Annually
  • Close Date: 06/21/2013

Multi Family

  • Gross Income: 17400.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 2676.00
  • 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

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2016
Sold by
Southam Kevin J and Southam Anita L
Bought by
602 N Plum St Llc
Current Estimated Value
$339,333

Purchase Details

Listed on
Mar 27, 2013
Closed on
Jun 21, 2013
Sold by
Harmell Enterprises Inc
Bought by
Southam Kevin J and Southam Anita L
Buyer's Agent
Ervin Barkman
Kingsway Realty - Lancaster
List Price
$132,900
Sold Price
$129,900
Premium/Discount to List
-$3,000
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%
Original Mortgage
$97,425
Interest Rate
3.51%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
602 N Plum St Llc -- Attorney
Southam Kevin J $129,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 602 N Plum St Llc $700,000
Previous Owner Southam Kevin J $97,425
Previous Owner 602 North Plum Street Land Trust $21,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2013 06/21/13 Sold $129,900 -2.3% $50 / Sq Ft
05/08/2013 05/08/13 Pending -- -- --
03/27/2013 03/27/13 For Sale $132,900 -- $51 / 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
2024 $6,644 $167,900 $20,800 $147,100
2023 $6,532 $167,900 $20,800 $147,100
2022 $6,260 $167,900 $20,800 $147,100
2021 $6,126 $167,900 $20,800 $147,100
2020 $6,126 $167,900 $20,800 $147,100
2019 $6,034 $167,900 $20,800 $147,100
2018 $7,030 $167,900 $20,800 $147,100
2017 $4,492 $97,800 $15,800 $82,000
2016 $4,451 $97,800 $15,800 $82,000
2015 $1,736 $97,800 $15,800 $82,000
2014 $3,885 $97,800 $15,800 $82,000
Source: Public Records

Agents Affiliated with this Home

  • Ervin Barkman

    Buyer's Agent in 2013

    Ervin Barkman

    Kingsway Realty - Lancaster

    (717) 468-4424

    9 in this area

    108 Total Sales

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Map

Source: Bright MLS

MLS Number: 1002728791

Bright MLS

APN: 336-65346-0-0000

Pennsylvania Lancaster County Lancaster 17602 Ross

602 N Plum St, Lancaster, PA

This home is located at 602 N Plum St, Lancaster, PA 17602 since 27 March 2013 and is currently priced at $339,333, approximately $131 per square foot. This property was built in 1890. 602 N Plum St is a home located in Lancaster County with nearby schools including Ross Elementary School, Lincoln Middle School, and McCaskey High School.

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