NOT LISTED FOR SALE

614 Lincoln Hwy E Coatesville, PA 19320

Estimated Value: $193,452 - $314,000

-- Bed
2 Baths
3,446 Sq Ft
$69/Sq Ft Est. Value

Last Sold April 24, 2018

Last sale price $100,000 $29 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $1,495/month

3 Days on Market

Highlights

  • 0.26 Acre Lot
  • En-Suite Primary Bedroom
  • Heating Available
  • No HOA
  • Asbestos

About This Home

As of April 2018

Looking to expand your investment portfolio or start your journey in investing with a property sure to be a strong ROI? Look no further than this fantastic opportunity in Coatesville city. This multi-unit property is ready for your tenants. 612 E Lincoln Highway boasts two units. Unit One: 3 Bedrooms 1 Bath. Unit Two: 2 Bedrooms 1 Bath. 614 E Lincoln Highway boasts two units. Unit One: 2 Bedrooms 1 Bath. Unit Two: 1 Bedroom 1 Bath. This property is positioned with easy access to all public transportation and within walking distance the train station. Live in one unit while renting the other units, or move tenants into all four units for maximum income potential. This property is a must see.

Last Agent to Sell the Property

Matt Gorham

Keller Williams Real Estate -Exton Listed on: 03/28/2018

Keller Williams Real Estate -Exton

Co-Listed By

Trevor Williams

VRA Realty License #RS316901

Last Buyer's Agent

Karen Sparano

Clear Sky Real Estate Consulting

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 0.26

Home Design

  • Quadruplex
  • Asbestos

Interior Spaces

  • En-Suite Primary Bedroom
  • 3,446 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Parking

  • Shared Driveway
  • On-Street Parking

Additional Features

  • 0.26 Acre Lot
  • Heating Available

Community Details

  • No Home Owners Association
  • Operating Expense $5,417

Listing and Financial Details

  • Tax Lot 0451/0452
  • Assessor Parcel Number 16-06 -0451/ 16-06-0452

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Remarks Public: Looking to expand your investment portfolio or start your journey in investing with a property sure to be a strong ROI? Look no further than this fantastic opportunity in Coatesville city. This multi-unit property is ready for your tenants. 612 E Lincoln Highway boasts two units. Unit One: 3 Bedrooms 1 Bath. Unit Two: 2 Bedrooms 1 Bath. 614 E Lincoln Highway boasts two units. Unit One: 2 Bedrooms 1 Bath. Unit Two: 1 Bedroom 1 Bath. This property is positioned with easy access to all public transportation and within walking distance the train station. Live in one unit while renting the other units, or move tenants into all four units for maximum income potential. This property is a must see.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Hookup
  • Total Sq Ft: 3446
  • Living Area Sq Ft: 3446
  • Price Per Sq Ft: 28.99
  • Above Grade Finished Sq Ft: 3446
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 612/614

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Asbestos
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street, Shared Driveway
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: COATESVILLE AREA
  • School District Key: 300200397336

Lot Info

  • Improvement Assessed Value: 39580.00
  • Land Assessed Value: 22160.00
  • Land Use Code: R10
  • Lot Size Acres: 0.26
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11200.00
  • Zoning: C1

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 244405
  • Tax Annual Amount: 5417.00
  • Assessor Parcel Number: 16-06 -0451/ 16-06-0452
  • Tax Lot: 0451/0452
  • Tax Year: 2018
  • Close Date: 04/24/2018

MLS Schools

  • School District Name: COATESVILLE AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2021
Sold by
Lancaster County Showcase Llc
Bought by
Martinez Job A
Current Estimated Value
$226,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,283
Outstanding Balance
$134,215
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$76,767

Purchase Details

Listed on
Mar 28, 2018
Closed on
May 24, 2018
Sold by
Apv Property Llc
Bought by
Lancaster County Showcase Llc
Seller's Agent
Matt Gorham
Keller Williams Real Estate -Exton
Buyer's Agent
Karen Sparano
Clear Sky Real Estate Consulting
List Price
$99,900
Sold Price
$100,000
Premium/Discount to List
$100
0.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.77%

Purchase Details

Listed on
Mar 28, 2018
Closed on
Mar 19, 2018
Sold by
Flamer Russell T and Flamer Linda C
Bought by
Avr Property Llc
Seller's Agent
Matt Gorham
Keller Williams Real Estate -Exton
Buyer's Agent
Karen Sparano
Clear Sky Real Estate Consulting
List Price
$99,900
Sold Price
$100,000
Premium/Discount to List
$100
0.1%
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
Martinez Job A $150,000 None Available
Lancaster County Showcase Llc $50,000 None Available
Avr Property Llc $96,957 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Job A $147,283
Previous Owner Lancaster County Showcase Llc $50,000
Previous Owner Flamer Russell T $427,500
Previous Owner Flamer Russell T $100,000
Previous Owner Flamer Russell T $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2018 04/24/18 Sold $100,000 +0.1% $29 / Sq Ft
03/31/2018 03/31/18 Pending -- -- --
03/28/2018 03/28/18 For Sale $99,900 -- $29 / 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 $3,085 $51,300 $10,910 $40,390
2023 $3,054 $51,300 $10,910 $40,390
2022 $2,975 $51,300 $10,910 $40,390
2021 $2,899 $51,300 $10,910 $40,390
2020 $2,890 $51,300 $10,910 $40,390
2019 $2,815 $51,300 $10,910 $40,390
2018 $2,721 $51,300 $10,910 $40,390
2017 $2,646 $51,300 $10,910 $40,390
2016 $2,174 $51,300 $10,910 $40,390
2015 $2,174 $51,300 $10,910 $40,390
2014 $2,174 $51,300 $10,910 $40,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000321124

Bright MLS

APN: 16-006-0452.0000