NOT LISTED FOR SALE
Studio
-- Bath
1,092 Sq Ft
4,792 Sq Ft Lot

Last Sold August 12, 2016

Last sale price $208,888 $191 Per Sq Ft

125 Days on Market

Highlights

  • 0.11 Acre Lot
  • Baseboard Heating
  • 3-minute walk to Reservior Park
  • No HOA

About This Home

As of August 2016

PROPERTY ON RIGHT NEAR THADDEUS STEVENS COLLEGE OF TECHNOLOGY. ACROSS FROM RESERVOIR PARK. MODERN ELECTRIC, HEATING, RUBBER ROOF AND FIRE ESCAPE. . CAN BE PURCHASED WITH 738 EAST KING STREET FOR $450,000.003 MORE UNITS CAN BE BOUGHT AS A PACKAGE14% CAP.

Last Agent to Sell the Property

Spencer Speros

(717) 431-0858 ssperos@comcast.net A' La Carte Real Estate Svcs License #RM421936 Listed on: 03/03/2016

Last Buyer's Agent

Benjamin Siegrist

(717) 569-8701 ben@kingswayrealty.com Kingsway Realty - Lancaster

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,908

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 21 x 128

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Poured Concrete
  • Rubber Roof
  • Aluminum Siding

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Parking

  • 2 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Schools

  • Burrowes Elementary School
  • Abraham Lincoln Middle School
  • Mccaskey Campus High School

Utilities

  • Baseboard Heating
  • 100 Amp Service
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for heat, hot water, parking fee, trash removal
  • Assessor Parcel Number 337305800000

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Lancaster Subdivision

Building Details

  • Income includes apartment rentals, parking
  • Electric Expense $300
  • Insurance Expense $800
  • Operating Expense $1,950
  • Net Operating Income $36,522

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,908

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Storage: Basement
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Construction Completed: No
  • Exterior Features: Fire Escape
  • Roof: Rubber
  • 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, On Street

Utilities

  • Central Air Conditioning: No
  • Electric Expense: 300.00
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 850.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: BURROWES
  • High School: MCCASKEY CAMPUS
  • Middle Or Junior School: ABRAHAM LINCOLN

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 21 X 128
  • Property Attached Yn: Yes
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Heat, Hot Water, Parking Fee, Trash Removal
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5596138
  • School Tax: 2364.80
  • Tax Annual Amount: 3907.71
  • Assessor Parcel Number: 337305800000
  • County Tax Payment Frequency: Annually

Multi Family

  • Gross Income: 42380.00
  • Income Includes: Apartment Rentals, Parking
  • Operating Expense: 1950.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2016 08/12/16 Sold $208,888 -16.4% $191 / Sq Ft
07/06/2016 07/06/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $250,000 -- $229 / 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 $4,748 $120,000 $29,500 $90,500
2024 $4,748 $120,000 $29,500 $90,500
2023 $4,668 $120,000 $29,500 $90,500
2022 $4,474 $120,000 $29,500 $90,500
2021 $4,378 $120,000 $29,500 $90,500
2020 $4,378 $120,000 $29,500 $90,500
2019 $4,313 $120,000 $29,500 $90,500
2018 $2,559 $120,000 $29,500 $90,500
2017 $3,992 $86,900 $26,300 $60,600
2016 $3,955 $86,900 $26,300 $60,600
2015 $1,543 $86,900 $26,300 $60,600
2014 $3,452 $86,900 $26,300 $60,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002737955

Bright MLS

APN: 337-30580-0-0000