NOT LISTED FOR SALE

Estimated Value: $227,000 - $545,000

-- Bed
3 Baths
3,450 Sq Ft
$113/Sq Ft Est. Value

Last Sold March 27, 2017

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

Est. 238% increase in value since last sale

Current estimated payment $2,541/month

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

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
  • Remarks Public: Spacious 3 unit apartment building. Conveniently located on the edge of Lancaster City near Thaddeus Stevens college. Long term tenants. Off street Parking.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete
  • Street Number Modifier: 732

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

  • School District: SCHOOL DISTRICT OF LANCASTER
  • High School: MCCASKEY CAMPUS
  • School District Key: 300200397286
  • High School: MCCASKEY CAMPUS

Lot Info

  • Land Use Code: C-513
  • 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
  • Close Date: 03/27/2017

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
$388,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,164
Avg. Annual Appreciation
15.50%
Original Mortgage
$86,250
Outstanding Balance
$71,826
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$317,804
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
Navarro Leonardo Perez $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Navarro Leonardo Perez $86,250
Previous Owner Fernandez Juan A $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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