NOT LISTED FOR SALE

Estimated Value: $199,000 - $243,000

-- Bed
2 Baths
1,830 Sq Ft
$122/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $15,000 $8 Per Sq Ft

Est. 1,393% increase in value since last sale

Current estimated payment $1,457/month

328 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of October 2020

Sturdy two unit investment property on Manor Avenue in Lancaster City. Off-Street parking behind the unit. 1st floor is a1 bedroom unit rented at $653.00 a month, owner pays sewer, water, trash. 2nd floor is a 2 bedroom unit rented at $844.00 per month, owner pays water, sewer and trash.

Last Agent to Sell the Property

James Dunn

Iron Valley Real Estate of Lancaster License #RS279560 Listed on: 09/25/2019

Iron Valley Real Estate of Lancaster

Co-Listed By

Russ Addie

Iron Valley Real Estate of Lancaster

Last Buyer's Agent

Sheldon Zimmerman

Peak Asset Realty License #RS300848

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 1,307 Sq Ft Lot
  • Property is in good condition

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Masonry

Interior Spaces

  • 1,830 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Mccaskey High School

Utilities

  • Forced Air Heating System
  • 100 Amp Service
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • The owner pays for insurance, sewer, real estate taxes, water, trash collection
  • Assessor Parcel Number 338-70071-0-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Insurance Expense $626
  • Other Expense $2,400
  • Trash Expense $440
  • Operating Expense $1,066
  • Gross Income $17,965

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 2400.00
  • Expected On Market: 2019-09-25
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Sturdy two unit investment property on Manor Avenue in Lancaster City. Off-Street parking behind the unit. 1st floor is a1 bedroom unit rented at $653.00 a month, owner pays sewer, water, trash. 2nd floor is a 2 bedroom unit rented at $844.00 per month, owner pays water, sewer and trash.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1830
  • Living Area Sq Ft: 1830
  • Price Per Sq Ft: 81.97
  • Above Grade Finished Sq Ft: 1830
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 845

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • High School: MCCASKEY H.S.
  • High School Source: Listing Agent
  • School District Key: 300200397286
  • School District Source: Listing Agent
  • High School: MCCASKEY H.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 61300.00
  • Land Assessed Value: 10700.00
  • Land Use Code: 114
  • Lot Size Acres: 0.03
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Owner Pays: Insurance, Sewer, Taxes - Real Estate, Water, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 17965.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4069802
  • School Tax: 1575.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2627.00
  • Assessor Parcel Number: 338-70071-0-0000
  • Tax Total Finished Sq Ft: 1830
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 10/30/2020

Multi Family

  • Gross Income: 17965.00
  • Gross Scheduled Income: 17965.00
  • Operating Expense: 1066.00
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2019
Closed on
Oct 3, 2020
Sold by
845 Manor St Llc
Bought by
Hiraldo Leonel Ramos
Seller's Agent
James Dunn
Iron Valley Real Estate of Lancaster
Buyer's Agent
Sheldon Zimmerman
Peak Asset Realty
List Price
$144,900
Sold Price
$15,000
Premium/Discount to List
-$129,900
-89.65%
Current Estimated Value
$223,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,893
Avg. Annual Appreciation
75.11%
Original Mortgage
$142,500
Outstanding Balance
$128,170
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$93,838

Purchase Details

Listed on
Oct 8, 2018
Closed on
Nov 21, 2018
Sold by
Redemption Enterprises Llc
Bought by
845 Manor St Llc
Seller's Agent
Mick Kalata
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
James Dunn
Iron Valley Real Estate of Lancaster
List Price
$109,900
Sold Price
$107,000
Premium/Discount to List
-$2,900
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-63.68%

Purchase Details

Listed on
Mar 25, 2017
Closed on
Apr 14, 2017
Sold by
Binkley & Kurtz Inc
Bought by
Redemption Enterprises Llc
Seller's Agent
George Bechtold
Colonial Realty, Inc.
Buyer's Agent
Philip Brubaker
Kingsway Realty - Lancaster
List Price
$84,900
Sold Price
$75,000
Premium/Discount to List
-$9,900
-11.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.70%
Original Mortgage
$72,000
Interest Rate
4.03%
Mortgage Type
Construction
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
Hiraldo Leonel Ramos $150,000 Prime Transfer Inc
845 Manor St Llc $107,000 Edge Abstract
Redemption Enterprises Llc $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ramos Leonel Hiraldo $0
Open Ramos Leonel Hiraldo $56,300
Open Hiraldo Leonel Ramos $142,500
Previous Owner 8456 Manor St Llc $85,600
Previous Owner Redemption Enterprises Llc $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $15,000 -90.0% $8 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
07/18/2020 07/18/20 Price Changed $150,000 +3.5% $82 / Sq Ft
05/22/2020 05/22/20 For Sale $144,900 +866.0% $79 / Sq Ft
03/25/2020 03/25/20 Off Market $15,000 -- --
11/10/2019 11/10/19 For Sale $144,900 0.0% $79 / Sq Ft
09/28/2019 09/28/19 Pending -- -- --
09/25/2019 09/25/19 For Sale $144,900 +35.4% $79 / Sq Ft
11/21/2018 11/21/18 Sold $107,000 -2.6% $58 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
10/08/2018 10/08/18 For Sale $109,900 +46.5% $60 / Sq Ft
04/14/2017 04/14/17 Sold $75,000 -11.7% $41 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
03/25/2017 03/25/17 For Sale $84,900 -- $46 / 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 $2,849 $72,000 $10,700 $61,300
2023 $2,801 $72,000 $10,700 $61,300
2022 $2,684 $72,000 $10,700 $61,300
2021 $2,627 $72,000 $10,700 $61,300
2020 $2,627 $72,000 $10,700 $61,300
2019 $2,588 $72,000 $10,700 $61,300
2018 $1,536 $72,000 $10,700 $61,300
2016 $3,127 $68,700 $13,900 $54,800
2015 $1,220 $68,700 $13,900 $54,800
2014 $2,729 $68,700 $13,900 $54,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA140618

Bright MLS

APN: 338-70071-0-0000