Seller's Agent in 2024
Portia Costello
Realty One Group Generations
(717) 344-4094
1 in this area
27 Total Sales
845 E Orange St Lancaster, PA 17602
East Side NeighborhoodEstimated Value: $307,338 - $335,000
Studio
2
Baths
1,974
Sq Ft
$164/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Eat-In Kitchen
- Combination Kitchen and Dining Room
- Wood Flooring
- Forced Air Heating System
- 4-minute walk to Reservior Park
About This Home
As of August 2024Prime Investment Opportunity - Multi-Unit Property in Lancaster City
Welcome to a prime investment opportunity in the heart of Lancaster City! This newly renovated, well-maintained 2-unit property offers excellent rental income with a cap rate of 10%. Each unit is beautifully updated and designed with modern finishes, providing tenants with comfortable living spaces. Off-street parking and separate utilities for each unit add to the convenience and ease of management. Situated in a desirable neighborhood close to amenities, schools, and public transportation, this property attracts quality tenants. With its high return on investment and minimal maintenance costs, this multi-unit building is perfect for investors looking for a profitable and hassle-free investment. Don’t miss out on this fantastic opportunity to add a high-performing asset to your portfolio. Contact us today for more information or to schedule a viewing.
Last Agent to Sell the Property
(717) 344-4094 portia@rogunlimited.com Realty One Group Generations License #RS341309 Listed on: 07/12/2024
Last Buyer's Agent
(717) 203-9919 rmquindl@gmail.com Berkshire Hathaway HomeServices Homesale Realty License #RS330707
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,988
Year Built
- Built in 1890
Lot Details
- 1,742 Sq Ft Lot
- Level Lot
- Back Yard
- Property is in excellent condition
Home Design
- Duplex
- Colonial Architecture
- Brick Exterior Construction
- Stone Foundation
- Plaster Walls
- Rubber Roof
- Masonry
Interior Spaces
- 1,974 Sq Ft Home
- Ceiling Fan
- Replacement Windows
- Insulated Windows
- Window Treatments
- Combination Kitchen and Dining Room
- Partial Basement
- Washer
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Range Hood
Flooring
- Wood
- Laminate
- Ceramic Tile
Home Security
- Fire and Smoke Detector
- Fire Escape
- Flood Lights
Parking
- Private Parking
- Free Parking
- Lighted Parking
- Gravel Driveway
- Unpaved Parking
- On-Street Parking
- Parking Lot
- Off-Street Parking
Accessible Home Design
- Doors are 32 inches wide or more
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- 100 Amp Service
- Natural Gas Water Heater
Listing and Financial Details
- The owner pays for water, trash collection, sewer, insurance
- Assessor Parcel Number 332-80905-0-0000
Community Details
Overview
- 2 Units
- 3-Story Building
Building Details
- Income includes apartment rentals
- Insurance Expense $1,048
- Trash Expense $408
- Operating Expense $5,448
- Gross Income $35,400
- Net Operating Income $29,952
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2024
Closed on
Aug 23, 2024
Sold by
Rivera Alexander
Bought by
Sfakianoudis Vasilios and Sfakianoudis Lemonia
Seller's Agent
Portia Costello
Realty One Group Generations
Buyer's Agent
Ryan Quindlen
Berkshire Hathaway HomeServices Homesale Realty
List Price
$290,000
Sold Price
$306,000
Premium/Discount to List
$16,000
5.52%
Views
23
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,335
Avg. Annual Appreciation
4.10%
Original Mortgage
$206,000
Outstanding Balance
$203,678
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$119,657
Purchase Details
Listed on
Sep 4, 2019
Closed on
Mar 26, 2021
Sold by
Catanzaro Joseph and Catanzaro Francesca
Bought by
Rivera Alexander
Seller's Agent
David Stull
Investors Choice Real Estate
Buyer's Agent
Sukie Ramos Suarez
Home 1st Realty
List Price
$219,900
Sold Price
$219,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%
Original Mortgage
$201,373
Interest Rate
2.9%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 26, 2010
Sold by
Gallagher Michael R and Gallagher Frances
Bought by
Catanzaro Joseph and Catanzaro Francesca
Purchase Details
Closed on
Feb 13, 2003
Sold by
Hud
Bought by
Gallagher Michael R and Gallagher Frances
Purchase Details
Closed on
Sep 2, 2002
Sold by
Countrywide Home Loans Inc
Bought by
Hud
Purchase Details
Closed on
Jul 30, 2002
Sold by
Fisher Amos L
Bought by
Countrywide Home Loans Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sfakianoudis Vasilios | $306,000 | None Listed On Document | |
| Rivera Alexander | $219,900 | Realty Settlement Svc Inc | |
| Catanzaro Joseph | $90,000 | None Available | |
| Gallagher Michael R | $34,450 | -- | |
| Hud | -- | -- | |
| Countrywide Home Loans Inc | $2,843 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sfakianoudis Vasilios | $206,000 | |
| Previous Owner | Rivera Alexander | $201,373 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/23/2024 08/23/24 | Sold | $306,000 | 0.0% | $155 / Sq Ft | |
| 07/23/2024 07/23/24 | Price Changed | $306,000 | +5.5% | $155 / Sq Ft | |
| 07/17/2024 07/17/24 | Pending | -- | -- | -- | |
| 07/12/2024 07/12/24 | For Sale | $290,000 | +31.9% | $147 / Sq Ft | |
| 04/07/2021 04/07/21 | Sold | $219,900 | +26554.5% | $111 / Sq Ft | View Prior Sale |
| 02/26/2021 02/26/21 | Pending | -- | -- | -- | |
| 02/10/2021 02/10/21 | Rented | $825 | -5.7% | -- | |
| 12/25/2020 12/25/20 | For Rent | $875 | -14.6% | -- | |
| 12/05/2020 12/05/20 | Rented | $1,025 | 0.0% | -- | |
| 11/30/2020 11/30/20 | For Sale | $219,900 | 0.0% | $111 / Sq Ft | |
| 11/30/2020 11/30/20 | For Rent | $1,025 | 0.0% | -- | |
| 09/03/2020 09/03/20 | Off Market | $219,900 | -- | -- | |
| 07/02/2020 07/02/20 | Price Changed | $219,900 | -4.3% | $111 / Sq Ft | |
| 05/20/2020 05/20/20 | Price Changed | $229,900 | +4.5% | $116 / Sq Ft | |
| 05/20/2020 05/20/20 | For Sale | $219,900 | 0.0% | $111 / Sq Ft | |
| 03/20/2020 03/20/20 | Off Market | $219,900 | -- | -- | |
| 02/19/2020 02/19/20 | For Sale | $219,900 | 0.0% | $111 / Sq Ft | |
| 02/03/2020 02/03/20 | Rented | $725 | 0.0% | -- | |
| 01/27/2020 01/27/20 | Under Contract | -- | -- | -- | |
| 01/15/2020 01/15/20 | For Rent | $725 | 0.0% | -- | |
| 09/04/2019 09/04/19 | Off Market | $219,900 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,989 | $100,800 | $18,900 | $81,900 |
| 2024 | $3,989 | $100,800 | $18,900 | $81,900 |
| 2023 | $3,922 | $100,800 | $18,900 | $81,900 |
| 2022 | $3,758 | $100,800 | $18,900 | $81,900 |
| 2021 | $3,678 | $100,800 | $18,900 | $81,900 |
| 2020 | $3,678 | $100,800 | $18,900 | $81,900 |
| 2019 | $3,623 | $100,800 | $18,900 | $81,900 |
| 2018 | $2,150 | $100,800 | $18,900 | $81,900 |
| 2017 | $2,967 | $64,600 | $14,900 | $49,700 |
| 2016 | $2,940 | $64,600 | $14,900 | $49,700 |
| 2015 | $1,147 | $64,600 | $14,900 | $49,700 |
| 2014 | $2,566 | $64,600 | $14,900 | $49,700 |
Source: Public Records
Agents Affiliated with this Home
-
Portia Costello
-
mabel hinson
Seller Co-Listing Agent in 2024
mabel hinson
Realty One Group Generations
(717) 344-1873
1 in this area
83 Total Sales
-
Ryan Quindlen
Buyer's Agent in 2024
Ryan Quindlen
Berkshire Hathaway HomeServices Homesale Realty
(717) 203-9919
5 in this area
158 Total Sales
-
David Stull
D
Seller's Agent in 2021
David Stull
Investors Choice Real Estate
(717) 299-2434
1 in this area
18 Total Sales
-
Sukie Ramos Suarez
Buyer's Agent in 2021
Sukie Ramos Suarez
Home 1st Realty
(717) 380-8122
2 in this area
131 Total Sales
Map
Source: Bright MLS
MLS Number: PALA2053740
APN: 332-80905-0-0000
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