NOT LISTED FOR SALE

839 E Walnut St Lancaster, PA 17602

East Side Neighborhood

Estimated Value: $332,524 - $429,000

-- Bed
3 Baths
2,418 Sq Ft
$153/Sq Ft Est. Value

Last Sold August 29, 2018

Last sale price $224,000 $93 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,471/month

40 Days on Market

Highlights

  • 0.09 Acre Lot
  • 1 Car Detached Garage
  • Heating System Uses Gas
  • No HOA
  • Property is in very good condition

About This Home

As of August 2018

Well maintained 3-unit property located on a quiet block in Lancaster's East Side. This property has two detached structures. The main house contains a spacious 1BR apartment on the first floor & a large 2BR apartment on the upper levels. The detached garage at the rear holds an additional 1BR apartment above. Each apartment has a private entrance & off street parking. Lots of recent updates throughout the property make this a turn key investment. Highlights include replacement windows throughout all units, updated bathrooms & newer gas furnaces. Current monthly rents total $2,450. The garage is not currently rented, but could be rented out for additional income. (Or used by owner). Owner pays WST & natural gas heat for main building. Rear tenant pays their own gas heat. Tenants do not currently have laundry, but there are hookups in garage & basement. Owner is a licensed Realtor.

Last Agent to Sell the Property

Julie Will

Keller Williams Elite Listed on: 06/24/2018

Keller Williams Elite

Last Buyer's Agent

Ed Hutchins

Shepherd Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,808

Year Built

  • Built in 1922

Lot Details

  • 3,920 Sq Ft Lot
  • Property is in very good condition

Parking

  • 1 Car Detached Garage
  • 3 Open Parking Spaces
  • Off-Street Parking

Home Design

  • Triplex
  • Masonry

Interior Spaces

  • 2,418 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, gas
  • Assessor Parcel Number 336-58147-0-0000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 2-Story Building

Building Details

  • Income includes apartment rentals
  • Gross Income $29,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,808

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1922
  • Remarks Public: Well maintained 3-unit property located on a quiet block in Lancaster's East Side. This property has two detached structures. The main house contains a spacious 1BR apartment on the first floor & a large 2BR apartment on the upper levels. The detached garage at the rear holds an additional 1BR apartment above. Each apartment has a private entrance & off street parking. Lots of recent updates throughout the property make this a turn key investment. Highlights include replacement windows throughout all units, updated bathrooms & newer gas furnaces. Current monthly rents total $2,450. The garage is not currently rented, but could be rented out for additional income. (Or used by owner). Owner pays WST & natural gas heat for main building. Rear tenant pays their own gas heat. Tenants do not currently have laundry, but there are hookups in garage & basement. Owner is a licensed Realtor.
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2418
  • Living Area Sq Ft: 2418
  • Price Per Sq Ft: 96.98
  • Above Grade Finished Sq Ft: 2418
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 839

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Construction Completed: No
  • 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
  • Open Parking Spaces Count: 3
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street, Detached Garage

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 113400.00
  • Land Assessed Value: 24200.00
  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3920.00
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL

Rental Info

  • Owner Pays: Trash Collection, Water, Sewer, Gas
  • Rent Control: No
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4061838
  • School Tax: 2935.00
  • Tax Annual Amount: 4808.00
  • Assessor Parcel Number: 336-58147-0-0000
  • Tax Total Finished Sq Ft: 1823
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 08/29/2018

Multi Family

  • Gross Scheduled Income: 29400.00
  • 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, 2018
Closed on
Aug 29, 2018
Sold by
Shenk Julie L and Will Julie L
Bought by
King Alvin L and King Hannah S
Seller's Agent
Julie Will
Keller Williams Elite
Buyer's Agent
Ed Hutchins
Shepherd Real Estate, LLC
List Price
$247,000
Sold Price
$224,000
Premium/Discount to List
-$23,000
-9.31%
Current Estimated Value
$370,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,881
Avg. Annual Appreciation
7.47%
Original Mortgage
$168,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Dec 3, 2012
Closed on
May 22, 2013
Sold by
Fuhrman Barry L and Fuhrman Catherine M
Bought by
Shenk Julie L
List Price
$134,900
Sold Price
$131,400
Premium/Discount to List
-$3,500
-2.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.69%
Original Mortgage
$129,019
Interest Rate
3.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
King Alvin L $224,000 None Available
Shenk Julie L $131,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Alvin L $10,000
Closed King Alvin L $168,000
Previous Owner Shenk Julie L $129,019
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2018 08/29/18 Sold $224,000 -4.5% $93 / Sq Ft
08/03/2018 08/03/18 Pending -- -- --
07/18/2018 07/18/18 Price Changed $234,500 -5.1% $97 / Sq Ft
06/24/2018 06/24/18 For Sale $247,000 +88.0% $102 / Sq Ft
05/29/2013 05/29/13 Sold $131,400 -2.6% $72 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
12/03/2012 12/03/12 For Sale $134,900 -- $74 / 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 $5,445 $137,600 $24,200 $113,400
2024 $5,445 $137,600 $24,200 $113,400
2023 $5,353 $137,600 $24,200 $113,400
2022 $5,130 $137,600 $24,200 $113,400
2021 $5,020 $137,600 $24,200 $113,400
2020 $5,020 $137,600 $24,200 $113,400
2019 $4,945 $137,600 $24,200 $113,400
2018 $2,935 $137,600 $24,200 $113,400
2017 $4,864 $105,900 $20,200 $85,700
2016 $4,820 $105,900 $20,200 $85,700
2015 $1,880 $105,900 $20,200 $85,700
2014 $4,206 $105,900 $20,200 $85,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Julie Will

    Keller Williams Elite

    (717) 553-2500

    1 Total Sale

    Julie Will
    Section Image

  • E

    Buyer's Agent in 2018

    Ed Hutchins

    Shepherd Real Estate, LLC

    Section Image
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Map

Source: Bright MLS

MLS Number: 1001924378

Bright MLS

APN: 336-58147-0-0000

Pennsylvania Lancaster County Lancaster 17602 East Side

839 E Walnut St, Lancaster, PA

This home is located at 839 E Walnut St, Lancaster, PA 17602 since 24 June 2018 and is currently estimated at $370,881, approximately $153 per square foot. This property was built in 1922. 839 E Walnut St is a home located in Lancaster County with nearby schools including Wickersham Elementary School, Lincoln Middle School, and McCaskey High School.

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