NOT LISTED FOR SALE

626 W Lemon St Lancaster, PA 17603

Chestnut Hill Neighborhood

Estimated Value: $371,000 - $404,000

-- Bed
3 Baths
2,084 Sq Ft
$186/Sq Ft Est. Value

Last Sold October 07, 2014

Last sale price $171,000 $82 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $2,678/month

6 Days on Market

About This Home

As of October 2014

Great 4 unit apartment building one block from F&M College. New heating system installed in 2010. Rents are as follows; Apt 1 $685/month, 2F $460/month, 2R $575/month, Apt 3 $575/month.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,902

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Composition Roof
  • Rubber Roof
  • Stucco

Unfinished Basement

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

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Schools

  • Mccaskey Campus High School

Utilities

  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 3391191500000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Lancaster West End Subdivision

Building Details

  • Income includes apartment rentals
  • Electric Expense $400
  • Insurance Expense $992
  • Maintenance Expense $2,764
  • Trash Expense $617
  • Operating Expense $7,784
  • Net Operating Income $15,854

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,902

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Storage: Basement
  • Year Built: 1900
  • Remarks Public: Great 4 unit apartment building one block from F&M College. New heating system installed in 2010. Rents are as follows; Apt 1 $685/month, 2F $460/month, 2R $575/month, Apt 3 $575/month.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Drainage System, Full, Outside Entrance, Unfinished
  • Street Number Modifier: 626

Exterior Features

  • Construction Materials: Brick, Stucco
  • Construction Completed: No
  • Exterior Features: Fire Escape
  • Roof: Composite, Shingle, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Annual Heating Expense: 1422.00
  • Central Air Conditioning: No
  • Electric Expense: 400.00
  • Electric Service: 100 Amp Service, Fuses
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1589.00
  • 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

  • Lot Size Acres: 0.06
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Electricity
  • Vacation Rental: No

Tax Info

  • School Tax: 2395.80
  • Tax Annual Amount: 3902.19
  • Assessor Parcel Number: 3391191500000
  • County Tax Payment Frequency: Annually
  • Close Date: 10/07/2014

Multi Family

  • Gross Income: 27540.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 7784.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
  • Single Room Units Count: 2

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2014
Closed on
Oct 7, 2014
Sold by
Phung Hao and Tran Rebecca
Bought by
Mclaughlin Leslie Kuffel
List Price
$169,900
Sold Price
$171,000
Premium/Discount to List
$1,100
0.65%
Current Estimated Value
$388,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,058
Avg. Annual Appreciation
7.80%
Original Mortgage
$119,700
Outstanding Balance
$92,031
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$296,027

Purchase Details

Closed on
Mar 15, 2006
Sold by
Liang Van Steve and Tran Rebecca
Bought by
Tran Rebecca and Liang John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.26%
Mortgage Type
Unknown
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
Mclaughlin Leslie Kuffel $171,000 None Available
Tran Rebecca -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclaughlin Leslie Kuffel $119,700
Previous Owner Tran Rebecca $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2014 10/07/14 Sold $171,000 +0.6% $82 / Sq Ft
08/20/2014 08/20/14 Pending -- -- --
08/14/2014 08/14/14 For Sale $169,900 -- $82 / 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 $6,818 $172,300 $37,200 $135,100
2024 $6,818 $172,300 $37,200 $135,100
2023 $6,703 $172,300 $37,200 $135,100
2022 $6,424 $172,300 $37,200 $135,100
2021 $6,286 $172,300 $37,200 $135,100
2020 $6,286 $172,300 $37,200 $135,100
2019 $6,192 $172,300 $37,200 $135,100
2018 $3,675 $172,300 $37,200 $135,100
2017 $4,125 $89,800 $18,500 $71,300
2016 $4,087 $89,800 $18,500 $71,300
2015 $1,594 $89,800 $18,500 $71,300
2014 $3,567 $89,800 $18,500 $71,300
Source: Public Records

Map

Source: Bright MLS

MLS Number: 1002733291

Bright MLS

APN: 339-11915-0-0000

Pennsylvania Lancaster County Lancaster 17603 Chestnut Hill

626 W Lemon St, Lancaster, PA

This home is located at 626 W Lemon St, Lancaster, PA 17603 since 14 August 2014 and is currently estimated at $388,058, approximately $186 per square foot. This property was built in 1900. 626 W Lemon St is a home located in Lancaster County with nearby schools including Thomas Wharton Elementary School, Reynolds Middle School, and McCaskey High School.

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