NOT LISTED FOR SALE

Estimated Value: $308,000 - $437,000

-- Bed
3 Baths
2,322 Sq Ft
$159/Sq Ft Est. Value

Last Sold May 16, 2018

Last sale price $217,500 $94 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,175/month

Highlights

  • Traditional Architecture
  • Central Air
  • Heat Pump System
  • No HOA

About This Home

As of May 2018

This home is located at 722 N Lime St, Lancaster, PA 17602 since 03 April 2018 and is currently estimated at $369,692, approximately $159 per square foot. This property was built in 1902. 722 N Lime St is a home located in Lancaster County with nearby schools including Ross Elementary School, McCaskey High School, and Reynolds Middle School.

Last Agent to Sell the Property

Jeremy Ganse

(717) 577-3251 jeremy@jeremyganse.com RE/MAX SmartHub Realty License #RS306553 Listed on: 04/03/2018

RE/MAX SmartHub Realty

Last Buyer's Agent

David Ishler

(717) 350-3079 dishler@homesale.com Berkshire Hathaway HomeServices Homesale Realty License #RS320701

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,881

Year Built

  • Built in 1902

Lot Details

  • 2,614 Sq Ft Lot
  • 1 Common Wall

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Plaster Walls
  • Composition Roof
  • Rubber Roof

Interior Spaces

  • 2,322 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven or Range
  • Dishwasher

Schools

  • Ross Elementary School
  • John F Reynolds Middle School
  • Mccaskey Campus High School

Utilities

  • Central Air
  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for sewer, trash collection, water, advertising/licenses and permits, insurance, repairs, real estate taxes
  • Assessor Parcel Number 336-32558-0-0000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 3-Story Building

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals
  • Insurance Expense $2,040
  • Maintenance Expense $870
  • Trash Expense $617
  • Operating Expense $950
  • Gross Income $23,280
  • Net Operating Income $13,848

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,881

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1902
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Dishwasher
  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Wall Ceiling Types: Plaster Walls
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2322
  • Living Area Sq Ft: 2322
  • Price Per Sq Ft: 99.05
  • Above Grade Finished Sq Ft: 2322
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Composite, Rubber
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: ROSS E.S.
  • High School: MCCASKEY CAMPUS
  • Middle Or Junior School: JOHN F REYNOLDS

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 87300.00
  • Land Assessed Value: 18300.00
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Zoning: THREE FAMILY DWELLING
  • Zoning Description: Residential
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Owner Pays: Sewer, Trash Collection, Water, Advertising/Licenses And Permits, Insurance, Repairs, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 1940.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4060883
  • Assessor Parcel Number: 336-32558-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 17760.00
  • Gross Scheduled Income: 23280.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 950.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2018
Closed on
May 14, 2018
Sold by
York David A and York Cynthia S
Bought by
The Entrust Group Inc and Robert White 7230014897
Seller's Agent
Jeremy Ganse
RE/MAX SmartHub Realty
Buyer's Agent
David Ishler
Berkshire Hathaway HomeServices Homesale Realty
List Price
$219,900
Sold Price
$217,500
Premium/Discount to List
-$2,400
-1.09%
Current Estimated Value
$369,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,192
Avg. Annual Appreciation
7.37%

Purchase Details

Closed on
Sep 21, 2007
Sold by
Whitmore Michael E and Whitmore Adriane L
Bought by
York David A and York Cynthia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2002
Sold by
Keys Glenn D and Keys Peggy Dodd
Bought by
Whitmore Michael E and Whitmore Eric E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,072
Interest Rate
6.85%
Mortgage Type
FHA
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
The Entrust Group Inc $217,500 None Available
York David A $170,000 None Available
Whitmore Michael E $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner York David A $117,000
Previous Owner Whitmore Michael E $86,072
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2018 05/16/18 Sold $217,500 -5.4% $94 / Sq Ft
04/18/2018 04/18/18 Price Changed $230,000 +4.6% $99 / Sq Ft
04/12/2018 04/12/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $219,900 -- $95 / 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 $2,881 $72,800 $23,100 $49,700
2024 $2,881 $72,800 $23,100 $49,700
2023 $2,832 $72,800 $23,100 $49,700
2022 $2,714 $72,800 $23,100 $49,700
2021 $2,656 $72,800 $23,100 $49,700
2020 $2,656 $72,800 $23,100 $49,700
2019 $2,616 $72,800 $23,100 $49,700
2018 $1,553 $72,800 $23,100 $49,700
2017 $4,850 $105,600 $18,300 $87,300
2016 $4,806 $105,600 $18,300 $87,300
2015 $1,875 $105,600 $18,300 $87,300
2014 $4,194 $105,600 $18,300 $87,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000334128

Bright MLS

APN: 336-32558-0-0000