NOT LISTED FOR SALE

Estimated Value: $259,000 - $529,000

Studio
3 Baths
3,450 Sq Ft
$108/Sq Ft Est. Value

Last Sold March 27, 2017

Last sale price $115,000 $33 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $2,470/month

112 Days on Market

Highlights

  • No HOA
  • Radiator
  • 1-minute walk to Reservior Park
  • Window Unit Cooling System

About This Home

As of March 2017

Spacious 3 unit apartment building. Conveniently located on the edge of Lancaster City near Thaddeus Stevens college. Long term tenants. Off street Parking.

Last Buyer's Agent

Nikki Milhoan

(717) 639-9145 nanwang1207@gmail.com Cavalry Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot

Home Design

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

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

  • Mccaskey Campus High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Listing and Financial Details

  • Tenant pays for hot water, electricity
  • Assessor Parcel Number 3372647200000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $650
  • Trash Expense $750
  • Operating Expense $3,800
  • Net Operating Income $14,420

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Storage: Basement
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Fire Escape
  • Roof: Composite, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Spaces Total: 2.00
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Electric Service: 100 Amp Service
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 2400.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • High School: MCCASKEY CAMPUS

Lot Info

  • Lot Size Acres: 0.06
  • Property Attached Yn: Yes
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Hot Water, Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4064045
  • School Tax: 3239.26
  • Tax Annual Amount: 5360.27
  • Assessor Parcel Number: 3372647200000
  • County Tax Payment Frequency: Annually

Multi Family

  • Gross Income: 23580.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 3800.00
  • 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
Oct 24, 2016
Closed on
Mar 27, 2017
Sold by
Fernandez Juna A and Fernandez Lori A
Bought by
Navarro Leonardo Perez
Buyer's Agent
Nikki Milhoan
Cavalry Realty, LLC
List Price
$149,500
Sold Price
$115,000
Premium/Discount to List
-$34,500
-23.08%
Current Estimated Value
$385,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,816
Avg. Annual Appreciation
14.27%
Original Mortgage
$86,250
Outstanding Balance
$71,655
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$301,908
Source: Public Records
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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
Navarro Leonardo Perez $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Navarro Leonardo Perez $86,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2017 03/27/17 Sold $115,000 -23.1% $33 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
10/24/2016 10/24/16 For Sale $149,500 -- $43 / 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 $5,678 $143,500 $20,000 $123,500
2024 $5,678 $143,500 $20,000 $123,500
2023 $5,583 $143,500 $20,000 $123,500
2022 $5,350 $143,500 $20,000 $123,500
2021 $5,236 $143,500 $20,000 $123,500
2020 $5,236 $143,500 $20,000 $123,500
2019 $5,157 $143,500 $20,000 $123,500
2018 $6,008 $143,500 $20,000 $123,500
2016 $5,311 $116,700 $16,300 $100,400
2015 $2,072 $116,700 $16,300 $100,400
2014 $4,635 $116,700 $16,300 $100,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002739791

Bright MLS

APN: 337-26472-0-0000