NOT LISTED FOR SALE

716 E King St Lancaster, PA 17602

Stevens Neighborhood

Estimated Value: $310,000 - $442,448

Studio
3 Baths
3,098 Sq Ft
$122/Sq Ft Est. Value

Sale Details

Date Sold: October 23, 2020

Last sale price $210,000 $68 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,538 / mo

20 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Attached Garage
  • Hot Water Heating System
  • No HOA
  • Oversized Parking
  • 1-minute walk to Reservior Park

About This Home

As of October 2020

Do not miss this great opportunity in Lancaster City! Large 3 unit building with brick exterior, front porch and a 2 car garage. All 3 units currently occupied, and garage is currently rented at $125 per month. All are long term tenants: Unit 1 tenant since 2015, Unit 2 tenant since 2009, Unit 3 tenant since 2005. All separate utilities, owner pays water, sewer, trash & common area electric. New roofs in 2017 & 2018. Seller is offering a $3,000 carpet allowance to go toward carpet updating.

Last Agent to Sell the Property

Seeta Paudel

(717) 735-8400 cpalancasteradmins@coldwellbankermoves.com Coldwell Banker Realty Listed on: 07/10/2020

Coldwell Banker Realty

Last Buyer's Agent

Edgar Wright

(717) 823-2083 edgarmwright@comcast.net Edgar M. Wright, Realtor License #RB065475

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Masonry

Interior Spaces

  • 3,098 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 337-10242-0-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

2,614 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: tenant's personal property
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2020-07-10
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3098
  • Living Area Sq Ft: 3098
  • Price Per Sq Ft: 80.66
  • Above Grade Finished Sq Ft: 3098
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 125500.00
  • Land Assessed Value: 20000.00
  • Lot Size Acres: 0.06
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Zoning: MULTIFAMILY RESIDENTIAL

Rental Info

  • Existing Lease Type: Long Term
  • Units Leased Count: 3
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 4063580
  • School Tax: 3242.00
  • Tax Annual Amount: 5368.00
  • Assessor Parcel Number: 337-10242-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Oct 23, 2020
Sold by
Bought by
Seller's Agent
Seeta Paudel
Coldwell Banker Realty
Buyer's Agent
Edgar Wright
Edgar M. Wright, Realtor
List Price
$259,900
Sold Price
$210,000
Premium/Discount to List
-$49,900
-19.2%
Current Estimated Value
$377,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,862
Avg. Annual Appreciation
10.78%
Original Mortgage
$157,500
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 10, 2019
Closed on
Oct 24, 2019
Sold by
Bought by
Seller's Agent
Faruk Sisic
Cavalry Realty, LLC
Buyer's Agent
David Lowry
Berkshire Hathaway HomeServices Homesale Realty
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.51%
Original Mortgage
$138,750
Interest Rate
0.037%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,125
Interest Rate
0.0432%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2009
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$210,000 Abstract Assc Of Lancaster I
$185,000 None Available
$157,500 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $157,500
Previous Owner $138,750
Previous Owner $118,125
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2020 10/23/20 Sold $210,000 -16.0% $68 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/17/2020 07/17/20 Price Changed $249,900 -3.8% $81 / Sq Ft
07/10/2020 07/10/20 For Sale $259,900 +40.5% $84 / Sq Ft
10/24/2019 10/24/19 Sold $185,000 -5.1% $60 / Sq Ft View Prior Sale
09/18/2019 09/18/19 Pending -- -- --
09/10/2019 09/10/19 For Sale $195,000 -- $63 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,819 $145,500 $20,000 $125,500
2025 $5,757 $145,500 $20,000 $125,500
2024 $5,757 $145,500 $20,000 $125,500
2023 $5,661 $145,500 $20,000 $125,500
2022 $5,425 $145,500 $20,000 $125,500
2021 $5,308 $145,500 $20,000 $125,500
2020 $5,308 $145,500 $20,000 $125,500
2019 $5,229 $145,500 $20,000 $125,500
2018 $3,103 $145,500 $20,000 $125,500
2016 $3,363 $73,900 $15,300 $58,600
2015 $1,312 $73,900 $15,300 $58,600
2014 $2,935 $73,900 $15,300 $58,600
Source: Public Records

Agents Affiliated with this Home

  • Seeta Paudel

    Seller's Agent in 2020

    Seeta Paudel

    Coldwell Banker Realty

    (717) 466-4646

    60 Total Sales

    Seeta Paudel
    Section Image

  • E

    Buyer's Agent in 2020

    Edgar Wright

    Edgar M. Wright, Realtor

    (717) 823-2083

    4 in this area

    43 Total Sales

    Edgar Wright
    Section Image
  • Faruk Sisic

    Seller's Agent in 2019

    Faruk Sisic

    Cavalry Realty, LLC

    (717) 669-2603

    150 Total Sales

    Faruk Sisic
    Section Image
  • David Lowry

    Buyer's Agent in 2019

    David Lowry

    Berkshire Hathaway HomeServices Homesale Realty

    (717) 203-3274

    18 Total Sales

    David Lowry
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PALA166260

Bright MLS

APN: 337-10242-0-0000

Pennsylvania Lancaster County Lancaster 17602 Stevens

716 E King St, Lancaster, PA

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