NOT LISTED FOR SALE

Estimated Value: $262,000 - $326,000

Studio
2 Baths
1,908 Sq Ft
$158/Sq Ft Est. Value

Last Sold March 21, 2022

Last sale price $217,800 $114 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,990/month

71 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Replacement Windows
  • Energy-Efficient Appliances
  • ENERGY STAR Qualified Doors
  • 4-minute walk to Reservior Park

About This Home

As of March 2022

Well maintained 2 unit in NE Lancaster City, Great opportunity for investors or live in one and rent the other. 1st Floor unit 1 bed, 1 bath, 2nd Floor unit 2 bed, 1 bath with a nice balcony and porch out back and fenced private yard. Newer replacement windows. Newer exterior doors in front and rear. Newly painted exterior. New roof on front porch. New hot water heater installed in 2017, Gas heat for 2nd floor. Rents could be raised substantially

Last Agent to Sell the Property

David Wissler

(717) 735-8400 cpalancasteradmins@coldwellbankermoves.com Coldwell Banker Realty License #RS277709 Listed on: 11/17/2021

Coldwell Banker Realty

Last Buyer's Agent

James Dunn

(717) 740-2221 contracts@ironvalleyrealestateoflancaster.com Iron Valley Real Estate of Lancaster License #RS279560

Iron Valley Real Estate of Lancaster

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,952

Year Built

  • Built in 1880

Lot Details

  • 1,742 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Converted Dwelling
  • Brick Exterior Construction
  • Stone Foundation
  • Rubber Roof
  • Metal Roof
  • Masonry

Interior Spaces

  • 1,908 Sq Ft Home
  • Replacement Windows
  • ENERGY STAR Qualified Doors
  • Fire Escape
  • Built-In Range

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Tile
  • Vinyl

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • Income includes apartment rentals

Listing and Financial Details

  • The owner pays for insurance, real estate taxes, water, sewer, repairs
  • Assessor Parcel Number 336-10586-0-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,952

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Inclusions: Range
  • New Construction: No
  • Year Built: 1880
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Appliances: Built-In Range, Energy Efficient Appliances
  • Flooring Type: Carpet, Hardwood, Luxury Vinyl Tile, Vinyl
  • Window Features: Replacement, Energy Efficient
  • Door Features: Energy Star Qualified Door(s)
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full, Walkout Stairs
  • Total Sq Ft: 1908
  • Living Area Sq Ft: 1908
  • Price Per Sq Ft: 114.15
  • Above Grade Finished Sq Ft: 1908
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Masonry
  • Exterior Features: Fire Escape, Sidewalks, Street Lights
  • Roof: Rubber, Metal
  • 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: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Cable Tv Available, Sewer Available, Water Available
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 86100.00
  • Land Assessed Value: 19900.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Good
  • Zoning: RES/MULTI-FAMILY

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Insurance, Taxes - Real Estate, Water, Sewer, Repairs
  • Total Actual Rent: 17316.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4060100
  • School Tax: 2403.00
  • Tax Annual Amount: 3952.00
  • Assessor Parcel Number: 336-10586-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

Multi Family

  • Gross Income: 17316.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2021
Closed on
Mar 21, 2022
Sold by
H4 Homes Lw
Bought by
739 E Chestnut Holdings Llc
Seller's Agent
David Wissler
Coldwell Banker Realty
Buyer's Agent
James Dunn
Iron Valley Real Estate of Lancaster
List Price
$269,900
Sold Price
$217,800
Premium/Discount to List
-$52,100
-19.3%
Current Estimated Value
$298,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,509
Avg. Annual Appreciation
8.75%
Original Mortgage
$172,800
Outstanding Balance
$161,881
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$138,956

Purchase Details

Closed on
Jan 23, 2019
Sold by
Holland Reinvestors Llc
Bought by
H4 Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2018
Sold by
Gordon Katharine J
Bought by
Holland Reinvestors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 13, 2017
Sold by
Gordon Jonathan A and Gordon Katharine J
Bought by
Gordon Katharine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,350
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2003
Sold by
D & B Properties
Bought by
Gordon Jonathan A and Gordon Katherine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,600
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2000
Sold by
Landis Nelson E and Landis Janette E
Bought by
D & B Properties
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
739 E Chestnut Holdings Llc $217,800 None Listed On Document
H4 Homes Llc -- None Available
Holland Reinvestors Llc $90,000 None Available
Gordon Katharine J -- None Available
Gordon Jonathan A $57,000 First American Title Ins Co
D & B Properties $44,278 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 739 E Chestnut Holdings Llc $172,800
Previous Owner H4 Homes Llc $148,800
Previous Owner Holland Reinvestors Llc $82,500
Previous Owner Gordon Katharine J $84,350
Previous Owner Gordon Jonathan A $45,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2022 03/21/22 Sold $217,800 -12.8% $114 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
12/02/2021 12/02/21 Price Changed $249,900 -7.4% $131 / Sq Ft
11/17/2021 11/17/21 For Sale $269,900 -- $141 / Sq Ft
Source: Bright MLS

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 $5,283 $133,500 $19,900 $113,600
2024 $5,283 $133,500 $19,900 $113,600
2023 $5,194 $133,500 $19,900 $113,600
2022 $3,952 $106,000 $19,900 $86,100
2021 $3,867 $106,000 $19,900 $86,100
2020 $3,867 $106,000 $19,900 $86,100
2019 $3,809 $106,000 $19,900 $86,100
2018 $2,261 $106,000 $19,900 $86,100
2016 $3,518 $77,300 $14,500 $62,800
2015 $1,372 $77,300 $14,500 $62,800
2014 $3,070 $77,300 $14,500 $62,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2008078

Bright MLS

APN: 336-10586-0-0000