NOT LISTED FOR SALE

Estimated Value: $285,000 - $427,000

-- Bed
2 Baths
2,281 Sq Ft
$162/Sq Ft Est. Value

Last Sold October 29, 2013

Last sale price $125,000 $55 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $2,409/month

32 Days on Market

About This Home

As of October 2013

Great multi-unit investment opportunity. Prime location near Lancaster Regional and F&M. 1st floor unit has newer kitchen and bath, fresh paint, new carpet. Investors, don't miss this one!

Last Buyer's Agent

Sheri Dougherty

Howard Hanna Real Estate Services - Lancaster License #RS117020A

Howard Hanna Real Estate Services - Lancaster

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1909

Lot Details

  • 1,742 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

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

Basement

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

Schools

  • Mccaskey Campus High School

Utilities

  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 3359612600000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Net Operating Income $11,305

Property Details

Home Type

Multi-Family

Year Built

Built in 1909

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: 1909
  • Remarks Public: Great multi-unit investment opportunity. Prime location near Lancaster Regional and F&M. 1st floor unit has newer kitchen and bath, fresh paint, new carpet. Investors, don't miss this one!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Full, Outside Entrance
  • Street Number Modifier: 660

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Composite, Shingle
  • 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
  • Electric Service: 100 Amp Service
  • Heating Type: Baseboard, Oil
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • 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: 0.04
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4059702
  • School Tax: 2607.79
  • Tax Annual Amount: 4295.35
  • Assessor Parcel Number: 3359612600000
  • County Tax Payment Frequency: Annually
  • Close Date: 10/29/2013

Multi Family

  • Gross Income: 15600.00
  • Income Includes: Apartment Rentals
  • 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

Listed on
Jul 26, 2013
Closed on
Oct 29, 2013
Sold by
Cotter Sean P and Cotter Kristin L
Bought by
Sprenkle Robert E and Sprenkle Lisa M
Buyer's Agent
Sheri Dougherty
Howard Hanna Real Estate Services - Lancaster
List Price
$130,000
Sold Price
$125,000
Premium/Discount to List
-$5,000
-3.85%
Current Estimated Value
$341,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,795
Avg. Annual Appreciation
9.06%
Original Mortgage
$93,750
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2006
Sold by
Blink Investments Llc
Bought by
Cotter Sean P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
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
Sprenkle Robert E $125,000 None Available
Cotter Sean P $110,000 None Available
Blink Investments Llc $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sprenkle Ii Robert E $95,500
Closed Sprenkle Robert E $93,750
Previous Owner Cotter Sean P $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2013 10/29/13 Sold $125,000 -3.8% $55 / Sq Ft
08/27/2013 08/27/13 Pending -- -- --
07/26/2013 07/26/13 For Sale $130,000 -- $57 / 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 $6,446 $162,900 $28,000 $134,900
2023 $6,337 $162,900 $28,000 $134,900
2022 $6,074 $162,900 $28,000 $134,900
2021 $5,943 $162,900 $28,000 $134,900
2020 $5,943 $162,900 $28,000 $134,900
2019 $5,854 $162,900 $28,000 $134,900
2018 $3,474 $162,900 $28,000 $134,900
2017 $4,621 $100,600 $18,100 $82,500
2016 $4,579 $100,600 $18,100 $82,500
2015 $1,786 $100,600 $18,100 $82,500
2014 $3,996 $100,600 $18,100 $82,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002730085

Bright MLS

APN: 335-96126-0-0000