NOT LISTED FOR SALE

Estimated Value: $334,000 - $357,000

-- Bed
3 Baths
1,924 Sq Ft
$179/Sq Ft Est. Value

Last Sold August 08, 2024

Last sale price $335,000 $174 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,352/month

9 Days on Market

Highlights

  • Traditional Architecture
  • Balcony
  • Porch
  • Wood Flooring
  • 1 Car Detached Garage
  • More Than Two Accessible Exits

About This Home

As of August 2024

Amazing investment opportunity in Lancaster City: within walking distance to F&M College and the vibrant Downtown Lancaster. This 3-unit property is a lucrative investment, including a detached garage that can be rented out for extra income. Schedule a showing today!

Last Agent to Sell the Property

David stoltzfus

Manor West Realty License #rs370707 Listed on: 06/24/2024

Last Buyer's Agent

Missy Campbell

Iron Valley Real Estate License #5018228

Iron Valley Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,662

Year Built

  • Built in 1880

Lot Details

  • 2,178

Parking

  • 1 Car Detached Garage
  • Rear-Facing Garage

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Composition Roof
  • Masonry

Interior Spaces

  • 1,924 Sq Ft Home
  • Replacement Windows
  • Partial Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Hot Water Heating System
  • 200+ Amp Service
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • 2,178 Sq Ft Lot

Listing and Financial Details

  • The owner pays for water, sewer, trash collection
  • Assessor Parcel Number 335-37765-0-0000

Community Details

Overview

  • 3 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,800
  • Other Expense $1,300
  • Trash Expense $936

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,662

Year Built

Built in 1880

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 1300.00
  • Expected On Market: 2024-06-24
  • Year Built: 1880
  • Automatically Close On Close Date: No
  • Remarks Public: Amazing investment opportunity in Lancaster City: within walking distance to F&M College and the vibrant Downtown Lancaster. This 3-unit property is a lucrative investment, including a detached garage that can be rented out for extra income. Schedule a showing today!
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Hardwood, Vinyl
  • Window Features: Replacement
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1924
  • Living Area Sq Ft: 1924
  • Price Per Sq Ft: 179.31
  • Above Grade Finished Sq Ft: 1924
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 807

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service, 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • School District Key: 300200397286
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 115
  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Outdoor Living Structures: Balcony, Porch(es)
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL

Rental Info

  • Number Of Units Month To Month: 2
  • Owner Pays: Water, Sewer, Trash Collection
  • Total Actual Rent: 36640.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 3437.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 5662.00
  • Assessor Parcel Number: 335-37765-0-0000
  • Tax Total Finished Sq Ft: 1924
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 08/08/2024

Multi Family

  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2024
Closed on
Aug 1, 2024
Sold by
Riehl Allen S
Bought by
Xenias Socrates S
Seller's Agent
David stoltzfus
Manor West Realty
Buyer's Agent
Missy Campbell
Iron Valley Real Estate
List Price
$345,000
Sold Price
$335,000
Premium/Discount to List
-$10,000
-2.9%
Views
13
Current Estimated Value
$345,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,080
Avg. Annual Appreciation
2.92%
Original Mortgage
$251,250
Outstanding Balance
$248,628
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$96,452

Purchase Details

Listed on
Oct 20, 2021
Closed on
Dec 15, 2021
Sold by
Hallie R Plank Credit Trust
Bought by
Riehl Allen S
Seller's Agent
Mark Will
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Wendell Huyard
Coldwell Banker Realty
List Price
$199,900
Sold Price
$180,000
Premium/Discount to List
-$19,900
-9.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.42%
Original Mortgage
$250,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2017
Sold by
Plank Robert E and Estate Of Hallie R Plank
Bought by
Plank Robert E and Haas Debra F

Purchase Details

Closed on
Jun 11, 2007
Sold by
Plank Robert E
Bought by
Plank Hallie R
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
Xenias Socrates S $335,000 None Listed On Document
Riehl Allen S $180,000 New Title Company Name
Plank Robert E -- None Available
Plank Hallie R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xenias Socrates S $251,250
Previous Owner Riehl Allen S $197,200
Previous Owner Riehl Allen S $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2024 08/08/24 Sold $335,000 -2.9% $174 / Sq Ft
07/04/2024 07/04/24 Pending -- -- --
06/24/2024 06/24/24 For Sale $345,000 +91.7% $179 / Sq Ft
12/15/2021 12/15/21 Sold $180,000 -7.6% $94 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
10/27/2021 10/27/21 Price Changed $194,900 -2.5% $101 / Sq Ft
10/20/2021 10/20/21 For Sale $199,900 -- $104 / 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
2024 $5,662 $143,100 $32,000 $111,100
2023 $5,567 $143,100 $32,000 $111,100
2022 $5,335 $143,100 $32,000 $111,100
2021 $5,221 $143,100 $32,000 $111,100
2020 $5,221 $143,100 $32,000 $111,100
2019 $5,143 $143,100 $32,000 $111,100
2018 $3,052 $143,100 $32,000 $111,100
2016 $3,841 $84,400 $23,500 $60,900
2015 $1,499 $84,400 $23,500 $60,900
2014 $3,352 $84,400 $23,500 $60,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2052430

Bright MLS

APN: 335-37765-0-0000