NOT LISTED FOR SALE

750 Summit Dr Lancaster, PA 17601

Estimated Value: $524,000 - $924,000

Studio
2 Baths
3,242 Sq Ft
$226/Sq Ft Est. Value

Last Sold November 27, 2023

Last sale price $775,000 $239 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $4,465/month

32 Days on Market

Highlights

  • 5.35 Acre Lot
  • Stream or River on Lot
  • 2 Car Detached Garage
  • Farmdale Elementary School Rated A-
  • Farmhouse Style Home
  • Porch

About This Home

As of November 2023

This property will be offered at Public Auction on Thursday, October 12, 2023 @ 6pm. The listing price is the opening bid only and in no way reflects the final sale price. 10% down due at auction, 2% transfer tax to be paid by the purchaser, real estate taxes prorated. This extremely well-located, income producing farmette is located in Hempfield School District (Silver Springs area) and boasts a traditional, 1860 2-story brick home framed by a picturesque lot. The all-brick farmhouse features 2 residential units, the main unit hosting 4 bedrooms, a living room, family room, large eat-in kitchen, 2 bathrooms and full unfinished basement. This unit also includes the oversized 2-car garage. The second unit offers 3 bedrooms, living room, eat-in kitchen, and 1.5 bathrooms. In addition to the 2-unit home, this property also boasts income from a two-unit tobacco barn and six-unit barn (8 storage units in total). Additional amenities include a gently flowing stream, small amount of tillable acreage, large peaceful meadow and easy access to Routes 30 and 283. This is a unique opportunity to live in one unit and have the other unit to help pay the mortgage as well as additional storage rental income.

Last Agent to Sell the Property

Thomas Stewart

(717) 932-2599 tstewart@cavalryrealty.com Cavalry Realty LLC License #RM420558 Listed on: 09/14/2023

Last Buyer's Agent

Thomas Stewart

(717) 932-2599 tstewart@cavalryrealty.com Cavalry Realty LLC License #RM420558 Listed on: 09/14/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,734

Year Built

  • Built in 1860

Lot Details

  • 5.35 Acre Lot
  • Back and Front Yard
  • Property is in average condition

Parking

  • 2 Car Detached Garage
  • 6 Driveway Spaces
  • Front Facing Garage

Home Design

  • 3,242 Sq Ft Home
  • Quadruplex
  • Farmhouse Style Home
  • Brick Exterior Construction
  • Permanent Foundation
  • Asphalt Roof
  • Masonry

Kitchen

  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Stream or River on Lot
  • Porch

Schools

  • Hempfield Senior High School

Farming

  • Bank Barn
  • Tobacco Barn

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • On Site Septic

Additional Features

  • Unfinished Basement

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 300-67891-0-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,734

Year Built

Built in 1860

Lot Details

5.35 Acres

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1860
  • Automatically Close On Close Date: Yes
  • Special Features: Auction
  • Stories: 0

Interior Features

  • Flooring Type: Carpet, Tile/Brick, Vinyl
  • Interior Amenities: Carpet, Pantry, Stall Shower, Tub Shower, Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Permanent
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3242
  • Living Area Sq Ft: 3242
  • Price Per Sq Ft: 123.38
  • Above Grade Finished Sq Ft: 3242
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Bank Barn, Garage(s), Tobacco Barn
  • Construction Materials: Brick, Masonry
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: HEMPFIELD SENIOR

Lot Info

  • Lot Features: Front Yard, Rear Yard, Not In Development, Stream/Creek
  • Lot Size Acres: 5.35
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 233046.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Average
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 6035.00
  • Tax Annual Amount: 7734.00
  • Assessor Parcel Number: 300-67891-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: HEMPFIELD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Dec 4, 2023
Sold by
Warren W Diffenderfer Family Trust
Bought by
Hhr Estate Trust and Gingrich
Seller's Agent
Thomas Stewart
Cavalry Realty LLC
Buyer's Agent
Thomas Stewart
Cavalry Realty LLC
List Price
$400,000
Sold Price
$775,000
Premium/Discount to List
$375,000
93.75%
Views
138
Current Estimated Value
$731,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,076
Avg. Annual Appreciation
-2.45%
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
Hhr Estate Trust $775,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2023 11/27/23 Sold $775,000 +93.8% $239 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $400,000 -- $123 / 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 $7,886 $349,700 $126,800 $222,900
2024 $7,886 $349,700 $126,800 $222,900
2023 $7,735 $349,700 $126,800 $222,900
2022 $7,531 $349,700 $126,800 $222,900
2021 $7,382 $349,700 $126,800 $222,900
2020 $7,382 $349,700 $126,800 $222,900
2019 $7,261 $349,700 $126,800 $222,900
2018 $1,525 $349,700 $126,800 $222,900
2017 $6,867 $267,100 $112,200 $154,900
2016 $6,731 $267,100 $112,200 $154,900
2015 $1,356 $267,100 $112,200 $154,900
2014 $5,073 $267,100 $112,200 $154,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2040832

Bright MLS

APN: 300-67891-0-0000

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