NOT LISTED FOR SALE
-- Bed
-- Bath
3,750 Sq Ft
2,178 Sq Ft Lot

Last Sold May 26, 2015

Last sale price $280,000 $75 Per Sq Ft

Highlights

  • No HOA
  • Baseboard Heating
  • 3-minute walk to Rodney Park
  • Window Unit Cooling System

About This Home

As of May 2015

Great building with great potential. New gas boiler with individual thermostats. List price includes adjacent parking lot with 10 spaces. Parking lot separate parcel # 3389755800000. Assessment $23,800.

Last Agent to Sell the Property

Clarence Wenger

cwenger56@gmail.com Town & Country Realty - Lancaster Listed on: 10/24/2014

Last Buyer's Agent

Curvin Horning

(717) 606-2226 curvin@curvinhorning.com Kingsway Realty - Ephrata

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,199

Year Built

  • Built in 1902

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 32 x 75 x 51 x 80

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Metal Roof

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Schools

  • Mccaskey Campus High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for hot water, electricity
  • Assessor Parcel Number 3389981000000

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Income includes apartment rentals, parking
  • Electric Expense $467
  • Fuel Expense $2,338
  • Insurance Expense $1,620
  • Trash Expense $979
  • Operating Expense $7,016
  • Net Operating Income $27,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,199

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Storage: Basement
  • Year Built: 1902
  • Remarks Public: Great building with great potential. New gas boiler with individual thermostats. List price includes adjacent parking lot with 10 spaces. Parking lot separate parcel # 3389755800000. Assessment $23,800.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Full, Outside Entrance
  • Street Number Modifier: 625

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Amenities: Public Transport Nearby
  • Exterior Features: Fire Escape
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Electric Expense: 467.10
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard, Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1612.15
  • 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: CS-601
  • Lot Size Acres: 0.05
  • Lot Dimensions: 32 x 75 x 51 x 80
  • Zoning: R-3
  • Zoning Description: Other - See Remarks
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 4071329
  • School Tax: 3121.47
  • Tax Annual Amount: 5198.80
  • Assessor Parcel Number: 3389981000000
  • County Tax Payment Frequency: Annually
  • Close Date: 05/26/2015

Multi Family

  • Fuel Expense: 2337.96
  • Gross Income: 39240.00
  • Income Includes: Apartment Rentals, Parking
  • Operating Expense: 7015.74
  • 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
Feb 21, 2020
Sold by
Lapp Phares B and Lapp Ruth K
Bought by
Sweigart Scott E

Purchase Details

Listed on
Oct 24, 2014
Closed on
May 26, 2015
Sold by
Kreider Phillip B and Kreider Suzanne K
Bought by
Lapp Phares B and Lapp Ruth K
Seller's Agent
Clarence Wenger
Town & Country Realty - Lancaster
Buyer's Agent
Curvin Horning
Kingsway Realty - Ephrata
List Price
$305,000
Sold Price
$280,000
Premium/Discount to List
-$25,000
-8.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 6, 2001
Sold by
Sauder John A and Sauder Phyllis E
Bought by
Kreider Phillip B and Kreider Suzanne K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
7.05%
Mortgage Type
Commercial
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
Sweigart Scott E $330,000 None Available
Lapp Phares B $280,000 None Available
Kreider Phillip B $109,900 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lapp Phares B $210,000
Previous Owner Kreider Phillip B $94,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2015 05/26/15 Sold $280,000 -8.2% $75 / Sq Ft
04/22/2015 04/22/15 Pending -- -- --
10/24/2014 10/24/14 For Sale $305,000 -- $81 / 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 $7,285 $338,400 $39,800 $298,600
2024 $7,285 $184,100 $39,800 $144,300
2023 $7,162 $184,100 $39,800 $144,300
2022 $6,864 $184,100 $39,800 $144,300
2021 $6,717 $184,100 $39,800 $144,300
2020 $6,717 $184,100 $39,800 $144,300
2019 $6,616 $184,100 $39,800 $144,300
2018 $7,708 $184,100 $39,800 $144,300
2017 $5,374 $117,000 $23,200 $93,800
2016 $5,325 $117,000 $23,200 $93,800
2015 $2,077 $117,000 $23,200 $93,800
2014 -- $117,000 $23,200 $93,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002733939

Bright MLS

APN: 338-99810-0-0000