NOT LISTED FOR SALE

839 E Walnut St Lancaster, PA 17602

East Side Neighborhood

Estimated Value: $292,798 - $438,000

Studio
3 Baths
2,418 Sq Ft
$145/Sq Ft Est. Value

Sale Details

Date Sold: August 29, 2018

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

Est. 57% increase in value since last sale

Current estimated payment $2,355 / mo

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

(717) 553-2500 klrw1040@kw.com Keller Williams Elite Listed on: 06/24/2018

Keller Williams Elite

Last Buyer's Agent

Ed Hutchins

(717) 569-1300 info@shepherdrealestate.com 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
  • Heating System Uses Natural 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

3,920 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1922
  • 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

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 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
  • County Tax Payment Frequency: Annually
  • Tax Year: 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2018
Closed on
Aug 29, 2018
Sold by
Bought by
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
$351,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,700
Avg. Annual Appreciation
5.94%
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
Bought by
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:

--
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$224,000 None Available
$131,400 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $168,000
Previous Owner $129,019
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,503 $137,600 $24,200 $113,400
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

    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

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