Seller's Agent in 2024
Ashley Corbett
Keller Williams Elite
(717) 779-7220
11 in this area
147 Total Sales
711 N Shippen St Lancaster, PA 17602
Ross NeighborhoodEstimated Value: $319,000 - $369,000
--
Bed
2
Baths
2,072
Sq Ft
$165/Sq Ft
Est. Value
Highlights
- Deck
- Wood Flooring
- Wood Frame Window
- Traditional Floor Plan
- Workshop
- 2 Car Detached Garage
About This Home
As of July 2024Don't miss this well maintained and fully rented investment opportunity in North East Lancaster City!
This beautiful, detached home has two spacious living units plus a detached garage. This home consists of a one bedroom unit, a three bedroom unit, and a detached garage, separately rented.
711 N. Shippen Street is just a few minutes away from Lancaster General Hospital, a short drive to Franklin and Marshall College, and a short walk to downtown Lancaster Restaurants, venues and shops. This is a great walkable location for those wanting to be near the hospital, train station, amazing restaurants, and anyone looking to enjoy Vibrant Downtown Lancaster.
The First floor, one bedroom unit has a beautiful outdoor space, with a small garden and a patio underneath the second story deck, which the tenant currently maintains themselves. The first floor tenants also have access to laundry in the basement.
Upstairs is a large, spacious apartment with three bedrooms, 1 full bathroom and in-unit laundry. The apartment has beautiful hardwood flooring, plenty of space in the large, eat-in kitchen, and a huge deck overlooking the backyard. The deck is suited for outdoor dining, gardening, and enjoying the sunshine.
The detached 2 car garage in the rear of the property is currently leased as well, adding additional income to the new owners portfolio.
Showings begin 5/30. Please enjoy floor plans at the end of the photos. Schedule a showing today!
Last Agent to Sell the Property
(717) 779-7220 ashley.corbett5@gmail.com Keller Williams Elite License #5014902 Listed on: 05/30/2024
Last Buyer's Agent
(717) 383-5487 gzagas@homesale.com Berkshire Hathaway HomeServices Homesale Realty License #RS361307
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,690
Year Built
- Built in 1908
Lot Details
- 2,614 Sq Ft Lot
- Back Yard
Parking
- 2 Car Detached Garage
- Parking Storage or Cabinetry
- Front Facing Garage
- On-Street Parking
- Off-Street Parking
Home Design
- Duplex
- Converted Dwelling
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
- Slate Roof
- Composition Roof
- Rubber Roof
- Masonry
Interior Spaces
- Traditional Floor Plan
- Chair Railings
- Ceiling Fan
- Double Pane Windows
- Replacement Windows
- Double Hung Windows
- Wood Frame Window
- Combination Dining and Living Room
- Wood Flooring
Kitchen
- Eat-In Kitchen
- Oven
- Stove
- Range Hood
Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Workshop
- Basement Windows
Home Security
- Fire and Smoke Detector
- Fire Escape
Outdoor Features
- Deck
- Porch
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Vented Exhaust Fan
- 100 Amp Service
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- The owner pays for water, sewer, trash collection, real estate taxes, insurance
- Assessor Parcel Number 336-13968-0-0000
Community Details
Overview
- 2 Units
- 4-Story Building
Building Details
- Income includes parking, apartment rentals
- Other Expense $2,270
- Trash Expense $615
- Operating Expense $3,009
- Net Operating Income $27,891
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 30, 2024
Closed on
Jul 10, 2024
Sold by
Tzavaras Nicholas G and Anastasia Sophia
Bought by
Madera Christian
Seller's Agent
Ashley Corbett
Keller Williams Elite
Buyer's Agent
George Zagas
Berkshire Hathaway HomeServices Homesale Realty
List Price
$319,900
Sold Price
$310,000
Premium/Discount to List
-$9,900
-3.09%
Views
46
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,910
Avg. Annual Appreciation
8.15%
Original Mortgage
$294,500
Outstanding Balance
$290,955
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$50,955
Purchase Details
Listed on
Jul 7, 2021
Closed on
Aug 12, 2021
Sold by
Vinelli James M and Vinelli Jean L
Bought by
Tzavaras Nicholas G and Anastasia Sophia
Seller's Agent
Phyllis Rothweiler
Howard Hanna Real Estate Services - Lancaster
Buyer's Agent
Ashley Corbett
Keller Williams Elite
List Price
$275,000
Sold Price
$269,000
Premium/Discount to List
-$6,000
-2.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%
Original Mortgage
$201,750
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 30, 2000
Sold by
Rowe Donna L and Kramer Donna L Rowe
Bought by
Shenk Kimberly S and Reed Timothy J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,787
Interest Rate
8.59%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Madera Christian | $310,000 | None Listed On Document | |
| Tzavaras Nicholas G | $269,000 | None Available | |
| Shenk Kimberly S | $90,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Madera Christian | $294,500 | |
| Previous Owner | Tzavaras Nicholas G | $201,750 | |
| Previous Owner | Shenk Kimberly S | $89,787 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/26/2024 07/26/24 | Sold | $310,000 | -3.1% | $150 / Sq Ft | |
| 06/17/2024 06/17/24 | Pending | -- | -- | -- | |
| 05/30/2024 05/30/24 | For Sale | $319,900 | +18.9% | $154 / Sq Ft | |
| 08/12/2021 08/12/21 | Sold | $269,000 | -2.2% | $130 / Sq Ft | View Prior Sale |
| 07/11/2021 07/11/21 | Pending | -- | -- | -- | |
| 07/07/2021 07/07/21 | For Sale | $275,000 | -- | $133 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,690 | $143,800 | $23,900 | $119,900 |
| 2024 | $5,690 | $143,800 | $23,900 | $119,900 |
| 2023 | $5,594 | $143,800 | $23,900 | $119,900 |
| 2022 | $5,361 | $143,800 | $23,900 | $119,900 |
| 2021 | $5,246 | $143,800 | $23,900 | $119,900 |
| 2020 | $5,246 | $143,800 | $23,900 | $119,900 |
| 2019 | $5,168 | $143,800 | $23,900 | $119,900 |
| 2018 | $419 | $143,800 | $23,900 | $119,900 |
| 2017 | $3,881 | $84,500 | $16,200 | $68,300 |
Source: Public Records
Agents Affiliated with this Home
-
Ashley Corbett
-
George Zagas
Buyer's Agent in 2024
George Zagas
Berkshire Hathaway HomeServices Homesale Realty
(717) 383-5487
2 in this area
15 Total Sales
-
Phyllis Rothweiler
Seller's Agent in 2021
Phyllis Rothweiler
Howard Hanna
(717) 587-8283
2 in this area
176 Total Sales
Map
Source: Bright MLS
MLS Number: PALA2049584
APN: 336-13968-0-0000
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