NOT LISTED FOR SALE

Estimated Value: $246,000 - $395,952

-- Bed
2 Baths
1,694 Sq Ft
$186/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $290,000 $171 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,107/month

Highlights

  • 0.21 Acre Lot
  • 11 Car Detached Garage
  • Hot Water Heating System
  • No HOA
  • Parking Storage or Cabinetry
  • Property is in very good condition

About This Home

As of October 2020

This home is located at 602 Ruby St, Lancaster, PA 17603 since 30 October 2020 and is currently estimated at $315,488, approximately $186 per square foot. This property was built in 1880. 602 Ruby St is a home located in Lancaster County with nearby schools including Lafayette Elementary School, Wheatland Middle School, and McCaskey High School.

Last Agent to Sell the Property

Virginia Volpone

(717) 394-8444 gingervolpone@me.com Berkshire Hathaway HomeServices Homesale Realty License #RS162060A Listed on: 10/30/2020

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Amy Fields

(916) 390-3499 lancaster.realestate@verizon.net Lancaster Real Estate License #RS183523L

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,792

Year Built

  • Built in 1880

Lot Details

  • 9,148 Sq Ft Lot
  • Property is in very good condition

Parking

  • 11 Car Detached Garage
  • Parking Storage or Cabinetry
  • On-Street Parking

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Composition Roof
  • Rubber Roof
  • Masonry

Interior Spaces

  • 1,694 Sq Ft Home
  • Partial Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for accounting/legal, insurance, lawn/shrub care, miscellaneous, pest control, repairs, snow removal, supplies, real estate taxes, trash collection
  • Assessor Parcel Number 338-54946-0-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals, parking
  • Insurance Expense $1,770
  • Maintenance Expense $1,275
  • Other Expense $3,960
  • Operating Expense $12,840
  • Net Operating Income $24,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,792

Year Built

Built in 1880

Lot Details

0

Parking

11

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 3960.00
  • Year Built: 1880
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1694
  • Living Area Sq Ft: 1694
  • Price Per Sq Ft: 177.10
  • Above Grade Finished Sq Ft: 1694
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 602

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Brick, Masonry
  • Roof: Composite, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 11.00
  • Garage: Yes
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 11
  • Total Garage And Parking Spaces: 11
  • Type Of Parking: Detached Garage, On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • School District Key: 300200397286
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 115
  • Lot Size Acres: 0.21
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9148.00
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: C2
  • Zoning Description: Commercial Urban

Rental Info

  • Existing Lease Type: None, Month To Month
  • Owner Pays: Accounting/Legal, Insurance, Lawn/Shrub Care, Miscellaneous, Pest Control, Repairs, Snow Removal, Supplies, Taxes - Real Estate, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 37260.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 2894.00
  • Tax Annual Amount: 4792.00
  • Assessor Parcel Number: 338-54946-0-0000
  • Tax Total Finished Sq Ft: 1694
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 10/30/2020

Multi Family

  • Gross Income: 37260.00
  • Income Includes: Apartment Rentals, Parking
  • Operating Expense: 12840.00

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2020
Closed on
Oct 29, 2020
Sold by
Sheaffer Gary M and Sheaffer Margie A
Bought by
Ruby Street Ventures Llc
Seller's Agent
Virginia Volpone
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Amy Fields
Lancaster Real Estate
List Price
$300,000
Sold Price
$290,000
Premium/Discount to List
-$10,000
-3.33%
Current Estimated Value
$315,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,488
Avg. Annual Appreciation
1.72%
Original Mortgage
$220,000
Outstanding Balance
$7,840
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$307,648
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
Ruby Street Ventures Llc $290,000 Realty Settlement Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruby Street Ventures Llc $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $290,000 -3.3% $171 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
10/30/2020 10/30/20 For Sale $300,000 -- $177 / 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 $5,140 $129,900 $27,000 $102,900
2024 $5,140 $129,900 $27,000 $102,900
2023 $5,054 $129,900 $27,000 $102,900
2022 $4,843 $129,900 $27,000 $102,900
2021 $4,739 $129,900 $27,000 $102,900
2020 $4,739 $129,900 $27,000 $102,900
2019 $4,668 $129,900 $27,000 $102,900
2018 $2,770 $129,900 $27,000 $102,900
2017 $4,134 $90,000 $18,500 $71,500
2016 $4,096 $90,000 $18,500 $71,500
2015 $1,598 $90,000 $18,500 $71,500
2014 $3,575 $90,000 $18,500 $71,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA172846

Bright MLS

APN: 338-54946-0-0000