NOT LISTED FOR SALE

Estimated Value: $258,000 - $314,059

Studio
2 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold April 22, 2022

Last sale price $185,000

Est. 52% increase in value since last sale

Current estimated payment $1,871/month

31 Days on Market

Highlights

  • Second Kitchen
  • Traditional Architecture
  • Porch
  • Traditional Floor Plan
  • Wood Flooring
  • 3-minute walk to Reservior Park

About This Home

As of April 2022

Nice opportunity to own a 2 unit on the east side of Lancaster. Occupied and ready to add to your portfolio. Also potential for improvement and rent increase as both are month to month leases. Current rents are $790/month for unit 1 (1 bed) and $950/month for unit 2 (3 bed) with $50 pet fee included. Tenants pay gas, electric, water and sewer. Owner pays trash. 24 hour notice required. Come check it out!

Last Agent to Sell the Property

Joseph Fisher

(717) 598-3327 josephfisherrealty@gmail.com Stoltzfus Realty License #RS352328 Listed on: 02/19/2022

Co-Listed By

Benuel Esh

(717) 553-2500 benuelesh@kw.com Keller Williams Elite License #RS329980

Last Buyer's Agent

mike Hogue

(717) 381-6180 mikehogue89@kw.com Keller Williams Elite License #rs355179

Keller Williams Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,468

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Sloped Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation
  • Poured Concrete
  • Plaster Walls
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • Traditional Floor Plan
  • Double Pane Windows
  • Replacement Windows
  • Insulated Windows
  • Window Screens
  • Combination Kitchen and Dining Room

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Electric Oven or Range

Flooring

  • Wood
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Rear Basement Entry
  • Dirt Floor

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Vented Exhaust Fan
  • Hot Water Baseboard Heater
  • Electric Baseboard Heater
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • Energy-Efficient Windows
  • Porch

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 337-06235-0-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,468

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Appliances: Exhaust Fan, Oven/Range - Electric, Water Heater
  • Flooring Type: Hardwood, Vinyl, Wood
  • Interior Amenities: Combination Kitchen/Dining, Floor Plan - Traditional, Kitchen - Eat-In, 2nd Kitchen
  • Window Features: Double Pane, Insulated, Screens, Energy Efficient, Replacement
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full, Dirt Floor, Outside Entrance, Poured Concrete, Rear Entrance, Unfinished
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Road Surface Type: Black Top
  • Roof: Flat, Rubber, Shingle
  • View: Street
  • 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, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Baseboard - Hot Water, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 107200.00
  • Land Assessed Value: 20000.00
  • Lot Features: Sloping
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Outdoor Living Structures: Porch(es)
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Total Actual Rent: 20880.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4063496
  • School Tax: 2111.00
  • Tax Annual Amount: 3468.00
  • Assessor Parcel Number: 337-06235-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2021
Sold by
Riehl Ephriam D and Riehl Ephraim D
Bought by
Riehl Ephraim D
Current Estimated Value
$280,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Outstanding Balance
$79,565
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$200,950

Purchase Details

Listed on
Jan 4, 2018
Closed on
Mar 14, 2018
Sold by
Gnp Realty Services Lp
Bought by
Riehl Ephriam D
Seller's Agent
Tami Shaub
Hostetter Realty
Buyer's Agent
Wendell Huyard
Coldwell Banker Realty
List Price
$129,900
Sold Price
$118,000
Premium/Discount to List
-$11,900
-9.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%
Original Mortgage
$92,000
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2009
Sold by
Lantz Elam S and Lantz Katie Ann
Bought by
Gnp Realty Services Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,675
Interest Rate
5.17%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 27, 2002
Sold by
Blank Naomi K
Bought by
Lantz Elam S and Lantz Katie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7.04%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Riehl Ephraim D -- Prime Transfer Inc
Riehl Ephriam D $118,000 None Available
Gnp Realty Services Lp $72,900 None Available
Lantz Elam S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riehl Ephraim D $87,500
Closed Riehl Ephriam D $92,000
Previous Owner Gnp Realty Services Lp $54,675
Previous Owner Lantz Elam S $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2022 04/22/22 Sold $185,000 -5.1% --
03/22/2022 03/22/22 Pending -- -- --
02/19/2022 02/19/22 For Sale $195,000 +65.3% --
03/14/2018 03/14/18 Sold $118,000 -9.2% -- View Prior Sale
02/03/2018 02/03/18 Pending -- -- --
01/04/2018 01/04/18 For Sale $129,900 -- --
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 $5,033 $127,200 $20,000 $107,200
2024 $5,033 $127,200 $20,000 $107,200
2023 $4,949 $127,200 $20,000 $107,200
2022 $4,743 $127,200 $20,000 $107,200
2021 $4,641 $127,200 $20,000 $107,200
2020 $4,641 $127,200 $20,000 $107,200
2019 $4,571 $127,200 $20,000 $107,200
2017 $3,431 $74,700 $15,300 $59,400
2016 $3,400 $74,700 $15,300 $59,400
2015 $1,326 $74,700 $15,300 $59,400
2014 $2,967 $74,700 $15,300 $59,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2013938

Bright MLS

APN: 337-06235-0-0000