NOT LISTED FOR SALE

817 Columbia Ave Lancaster, PA 17603

College Park Neighborhood

Estimated Value: $354,489 - $395,000

-- Bed
2 Baths
5,078 Sq Ft
$75/Sq Ft Est. Value

Last Sold December 30, 2014

Last sale price $290,000 $57 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,495/month

55 Days on Market

Highlights

  • 0.31 Acre Lot
  • No HOA
  • Radiator

About This Home

As of December 2014

A great opportunity for investors interested in Lancaster City properties! Two buildings deeded together, taxed separately. Gross income includes current and projected rental income from apartments and 20 parking spaces at $20/month each. Apartments contain unique features including intricate woodwork, quarry tile in 819 foyer, hardwood floors and Corinthian column in 817 unit #1. Buildings have been well maintained with no pets allowed.

Last Agent to Sell the Property

Steve Barr

Barr Realty Inc. License #RM419125 Listed on: 09/03/2014

Last Buyer's Agent

Jeff Funk

Charles & Associates RE License #RM418739L

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Lot Details

  • 0.31 Acre Lot
  • Property is in good condition

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Metal Roof

Basement

  • Basement Fills Entire Space Under The House
  • Dirt Floor

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Parking

  • 20 Parking Spaces
  • On-Street Parking
  • Off-Street Parking
  • Rented or Permit Required

Schools

  • Mccaskey East High School

Utilities

  • Radiator
  • 100 Amp Service
  • 60 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for parking fee, electricity
  • Assessor Parcel Number 3352906400000, 3352676200000

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Income includes apartment rentals, parking
  • Insurance Expense $1,800
  • Maintenance Expense $1,500
  • Operating Expense $15,300
  • Net Operating Income $25,563

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Storage: Basement
  • Year Built: 1907
  • Remarks Public: A great opportunity for investors interested in Lancaster City properties! Two buildings deeded together, taxed separately. Gross income includes current and projected rental income from apartments and 20 parking spaces at $20/month each. Apartments contain unique features including intricate woodwork, quarry tile in 819 foyer, hardwood floors and Corinthian column in 817 unit #1. Buildings have been well maintained with no pets allowed.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Dirt Floor, Full
  • Street Number Modifier: 817-819

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Fire Escape
  • Roof: Metal, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Rented/Permit Required
  • Parking Spaces Total: 20.00
  • Type Of Parking: Off Street, On Street

Utilities

  • Annual Heating Expense: 7500.00
  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service, 60 Amp Service
  • Heating Type: Radiator, Oil
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 4500.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Size Acres: 0.31
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: R4 HIGH DEN.
  • Zoning Description: Residential
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Parking Fee, Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4058886
  • School Tax: 5972.52
  • Tax Annual Amount: 9837.48
  • Assessor Parcel Number: 3352906400000, 3352676200000
  • County Tax Payment Frequency: Annually
  • Close Date: 12/30/2014

Multi Family

  • Gross Income: 50700.00
  • Income Includes: Apartment Rentals, Parking
  • Metering: Fully Separate
  • Operating Expense: 15300.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
  • Single Room Units Count: 1

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2018
Sold by
D3 Llc
Bought by
Gpsc Llc
Current Estimated Value
$376,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Sep 3, 2014
Closed on
Jan 6, 2015
Bought by
D3 Llc
Seller's Agent
Steve Barr
Barr Realty Inc.
Buyer's Agent
Jeff Funk
Charles & Associates RE
List Price
$359,900
Sold Price
$290,000
Premium/Discount to List
-$69,900
-19.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.20%
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
Gpsc Llc $430,000 First American Abstract Of P
D3 Llc $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gpsc Llc $400,000
Previous Owner Gpsc Llc $277,000
Previous Owner D3 Llc $22,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2014 12/30/14 Sold $290,000 -19.4% $57 / Sq Ft
10/28/2014 10/28/14 Pending -- -- --
09/03/2014 09/03/14 For Sale $359,900 -- $71 / 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 $4,990 $126,100 $54,500 $71,600
2023 $4,906 $126,100 $54,500 $71,600
2022 $4,702 $126,100 $54,500 $71,600
2021 $4,601 $126,100 $54,500 $71,600
2020 $4,601 $126,100 $54,500 $71,600
2018 $2,689 $126,100 $54,500 $71,600
2017 $5,438 $118,400 $31,800 $86,600
2016 $5,389 $118,400 $31,800 $86,600
2015 $2,102 $118,400 $31,800 $86,600
2014 $4,703 $118,400 $31,800 $86,600
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Steve Barr

    Barr Realty Inc.

    (717) 587-4396

    174 Total Sales

    Section Image
  • Jeff Funk

    Buyer's Agent in 2014

    Jeff Funk

    Charles & Associates RE

    (717) 314-0500

    72 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: 1002733381

Bright MLS

APN: 335-29064-0-0000

Pennsylvania Lancaster County Lancaster 17603 College Park

817 Columbia Ave, Lancaster, PA

This home is located at 817 Columbia Ave, Lancaster, PA 17603 since 03 September 2014 and is currently estimated at $380,830, approximately $74 per square foot. This property was built in 1907. 817 Columbia Ave is a home located in Lancaster County with nearby schools including Smith-Wade-El Elementary School, Wheatland Middle School, and McCaskey High School.

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