NOT LISTED FOR SALE

61 S Franklin St Lancaster, PA 17602

Stevens Neighborhood

Estimated Value: $247,000 - $273,338

-- Bed
2 Baths
2,304 Sq Ft
$113/Sq Ft Est. Value

Last Sold April 16, 2024

Last sale price $235,000 $102 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,744/month

5 Days on Market

Highlights

  • Traditional Architecture
  • Electric Baseboard Heater
  • 4-minute walk to Reservior Park
  • More Than Two Accessible Exits

About This Home

As of April 2024

Welcome to your next savvy investment! This meticulously maintained property offers not just one, but two incredible units nestled in Stevens ward. Whether you're looking to expand your portfolio or dive into real estate investment, this property promises both value and potential.
This property boasts two separate units, offering flexibility and convenience. The first unit features a spacious 3-bedroom layout, while the second unit offers 2 cozy bedrooms.
Say goodbye to worries about vacancies or unreliable renters. Both units are currently leased out to exceptional tenants who take pride in their homes. Enjoy a steady stream of income with reliable tenants already in place. Each unit has its own electricity meter, providing convenience for both tenants and landlords. Whether you're a seasoned investor or just starting out, this property is a valuable addition to any portfolio. Benefit from stable rental income and the potential for long-term appreciation.

Don't miss out on this rare opportunity to own a turnkey investment property with outstanding tenants already in place. Seize the chance to diversify your portfolio and secure your financial future. Schedule a showing today and unlock the potential of this remarkable property!

Last Agent to Sell the Property

CITO RAMOS

Home 1st Realty License #RS351611 Listed on: 03/09/2024

Last Buyer's Agent

Angela Fusselman

Fautore Realty & Property Management License #RS207030L

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,063

Year Built

  • Built in 1900

Lot Details

  • 1,742

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 2,304 Sq Ft Home
  • Basement
  • Dirt Floor

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • 1,742 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 337-06673-0-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,063

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Inclusions: Everything but tenants' personal property.
  • New Construction: No
  • Expected On Market: 2024-03-09
  • Year Built: 1900
  • Remarks Public: Welcome to your next savvy investment! This meticulously maintained property offers not just one, but two incredible units nestled in Stevens ward. Whether you're looking to expand your portfolio or dive into real estate investment, this property promises both value and potential. This property boasts two separate units, offering flexibility and convenience. The first unit features a spacious 3-bedroom layout, while the second unit offers 2 cozy bedrooms. Say goodbye to worries about vacancies or unreliable renters. Both units are currently leased out to exceptional tenants who take pride in their homes. Enjoy a steady stream of income with reliable tenants already in place. Each unit has its own electricity meter, providing convenience for both tenants and landlords. Whether you're a seasoned investor or just starting out, this property is a valuable addition to any portfolio. Benefit from stable rental income and the potential for long-term appreciation. Don't miss out on this rare opportunity to own a turnkey investment property with outstanding tenants already in place. Seize the chance to diversify your portfolio and secure your financial future. Schedule a showing today and unlock the potential of this remarkable property!
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter, Other
  • Basement: Yes
  • Basement Type: Dirt Floor
  • Total Sq Ft: 2304
  • Living Area Sq Ft: 2304
  • Price Per Sq Ft: 99.83
  • Above Grade Finished Sq Ft: 2304
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 61

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

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

Lot Info

  • Land Use Code: 114
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Year Assessed: 2023
  • Zoning: RESIDENTAL

Rental Info

  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 2466.00
  • Tax Annual Amount: 4063.00
  • Assessor Parcel Number: 337-06673-0-0000
  • Tax Total Finished Sq Ft: 2304
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/16/2024

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2024
Closed on
Apr 15, 2024
Sold by
Ramos Hiram and Suarez Hildamarie
Bought by
Walsh Brian C
Seller's Agent
CITO RAMOS
Home 1st Realty
Buyer's Agent
Angela Fusselman
Fautore Realty & Property Management
List Price
$230,000
Sold Price
$235,000
Premium/Discount to List
$5,000
2.17%
Views
48
Current Estimated Value
$259,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,835
Avg. Annual Appreciation
7.44%
Original Mortgage
$188,000
Outstanding Balance
$185,364
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$74,471

Purchase Details

Closed on
Sep 30, 2022
Sold by
Raymond Nieves
Bought by
Ramos Hiram and Suarez Hildamarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.55%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 14, 1996
Bought by
Nieves Raymond
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
Walsh Brian C $235,000 None Listed On Document
Ramos Hiram $180,000 --
Nieves Raymond $56,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walsh Brian C $188,000
Previous Owner Ramos Hiram $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2024 04/16/24 Sold $235,000 +2.2% $102 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
03/09/2024 03/09/24 For Sale $230,000 -- $100 / 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 $4,064 $102,700 $9,300 $93,400
2024 $4,064 $102,700 $9,300 $93,400
2023 $3,995 $102,700 $9,300 $93,400
2022 $3,829 $102,700 $9,300 $93,400
2021 $3,747 $102,700 $9,300 $93,400
2020 $3,747 $102,700 $9,300 $93,400
2019 $3,691 $102,700 $9,300 $93,400
2018 $2,190 $102,700 $9,300 $93,400
2017 $2,632 $57,300 $8,300 $49,000
2016 $2,608 $57,300 $8,300 $49,000
2015 $1,017 $57,300 $8,300 $49,000
2014 $2,276 $57,300 $8,300 $49,000
Source: Public Records

Agents Affiliated with this Home

  • CITO RAMOS

    Seller's Agent in 2024

    CITO RAMOS

    Home 1st Realty

    (717) 666-9421

    8 in this area

    56 Total Sales

    CITO RAMOS
    Section Image

  • A

    Buyer's Agent in 2024

    Angela Fusselman

    Fautore Realty & Property Management

    (484) 238-7042

    1 in this area

    83 Total Sales

    Angela Fusselman
    Section Image
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Map

Source: Bright MLS

MLS Number: PALA2046688

Bright MLS

APN: 337-06673-0-0000

Pennsylvania Lancaster County Lancaster 17602 Stevens

61 S Franklin St, Lancaster, PA

This home is located at 61 S Franklin St, Lancaster, PA 17602 since 09 March 2024 and is currently estimated at $259,835, approximately $112 per square foot. This property was built in 1900. 61 S Franklin St is a home located in Lancaster County with nearby schools including Burrowes Elementary School, Wickersham Elementary School, and Lincoln Middle School.

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