859 N Prince St Lancaster, PA 17603
Stadium District Neighborhood
3
Beds
1
Bath
1,304
Sq Ft
1,742
Sq Ft Lot
Highlights
- Transitional Architecture
- No HOA
- 90% Forced Air Heating and Cooling System
About This Home
As of May 2024Excellent Investment Opportunity
Are you looking for a prime investment property in the heart of Lancaster, Pennsylvania? Look no further. Opportunity for both fix and flip investors or those seeking a lucrative long-term rental income. This property's strategic location, charming character, and potential for growth make it a must-see for any savvy investor.
Key Features:
1. Prime Location: Situated in the desirable neighborhood of Lancaster, this property is centrally located with easy access to downtown amenities, schools, parks, and major highways. The area is known for its historical significance and vibrant community.
2. Charming Architecture: This property exudes character with its classic architecture, adding to its appeal. It offers great curb appeal and an excellent canvas for renovation and modernization.
3. Investment Potential: Whether you're interested in a fix and flip project or a long-term rental property, this home has the potential to yield a strong return on investment. Lancaster's real estate market has shown resilience and growth, making it an attractive choice for investors.
4. Spacious Layout: With generous square footage, this property provides ample space for creativity in design and layout. You have the opportunity to transform it into a functional and stylish residence.
5. Renovation Opportunity: This property is a blank slate, ready for your vision and expertise. Update the interior to meet modern standards, enhance its appeal, and maximize its potential value.
6. Rental Income Potential: Lancaster's rental market remains strong, and this property can serve as a steady source of passive income for the long term. It's an ideal choice for investors seeking reliable cash flow.
7. Investment in Lancaster: Lancaster has been attracting attention as a growing and dynamic city, making it a strategic choice for real estate investment. Don't miss your chance to be part of this thriving community.
8. Investment ROI: The potential return on investment for this property is promising, making it a smart choice for both experienced and novice investors.
Don't miss out on this incredible investment opportunity. Whether you're a fix and flip enthusiast or looking for a steady rental income stream, this property has the potential to fulfill your investment goals. Act now to secure your future in Lancaster's thriving real estate market. Contact us today to schedule a viewing and start your journey to financial success with this property.
Last Agent to Sell the Property
JRHeller.com LLC License #RS338767 Listed on: 11/30/2023
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,165
Year Built
- Built in 1900
Lot Details
- 1,742 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Transitional Architecture
- Brick Exterior Construction
- Masonry
Interior Spaces
- 1,304 Sq Ft Home
- Property has 2.5 Levels
- Unfinished Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- 90% Forced Air Heating and Cooling System
- Heating System Uses Oil
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 339-64672-0-0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 22, 2024
Closed on
May 15, 2024
Sold by
Restoration Property Ventures Llc
Bought by
Johnson Matthew D
Seller's Agent
Anna Kauffman
Heroes Real Estate
Buyer's Agent
Abby Hobson
Keller Williams Elite
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%
Views
80
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
-$10,804
Avg. Annual Appreciation
-3.71%
Original Mortgage
$187,500
Outstanding Balance
$185,698
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$53,498
Purchase Details
Listed on
Nov 30, 2023
Closed on
Feb 6, 2024
Sold by
Jrhellercom Llc and Jrheller Llc
Bought by
Restoration Property Ventures Llc
Seller's Agent
Josh Heller
JRHeller.com LLC
Buyer's Agent
Anna Kauffman
Heroes Real Estate
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%
Views
261
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
487.38%
Purchase Details
Listed on
Nov 22, 2023
Closed on
Nov 30, 2023
Sold by
Segpar Investments Llc
Bought by
J R Heller Llc
Seller's Agent
Michael Segarra
Core Partners Realty LLC
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$145,000
Sold Price
$145,000
Views
261
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.05%
Original Mortgage
$36,250
Interest Rate
7.63%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 22, 2023
Closed on
Oct 30, 2023
Sold by
Smith Brian V
Bought by
Segpar Investments Llc
Seller's Agent
Michael Segarra
Core Partners Realty LLC
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$145,000
Sold Price
$145,000
Views
261
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,250
Interest Rate
7.63%
Mortgage Type
New Conventional
Similar Homes in Lancaster, PA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $250,000 | None Listed On Document | |
| Deed | $150,000 | Regal Abstract | |
| Deed | $145,000 | None Listed On Document | |
| Deed | $90,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $187,500 | New Conventional | |
| Previous Owner | $36,250 | New Conventional | |
| Previous Owner | $108,750 | New Conventional | |
| Previous Owner | $137,608 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2024 05/15/24 | Sold | $250,000 | 0.0% | $192 / Sq Ft |
| 04/02/2024 04/02/24 | Pending | -- | -- | -- |
| 03/22/2024 03/22/24 | For Sale | $249,900 | +61.2% | $192 / Sq Ft |
| 02/07/2024 02/07/24 | Sold | $155,000 | -3.1% | $119 / Sq Ft |
| 02/03/2024 02/03/24 | For Sale | $159,900 | 0.0% | $123 / Sq Ft |
| 02/02/2024 02/02/24 | Pending | -- | -- | -- |
| 01/26/2024 01/26/24 | Pending | -- | -- | -- |
| 01/18/2024 01/18/24 | Price Changed | $159,900 | -3.1% | $123 / Sq Ft |
| 01/16/2024 01/16/24 | Price Changed | $165,000 | -2.9% | $127 / Sq Ft |
| 12/13/2023 12/13/23 | Price Changed | $170,000 | -5.6% | $130 / Sq Ft |
| 11/30/2023 11/30/23 | For Sale | $180,000 | -- | $138 / Sq Ft |
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 |
|---|---|---|---|---|
| 2024 | $3,166 | $80,000 | $21,000 | $59,000 |
| 2023 | $3,112 | $80,000 | $21,000 | $59,000 |
| 2022 | $2,983 | $80,000 | $21,000 | $59,000 |
| 2021 | $2,919 | $80,000 | $21,000 | $59,000 |
| 2020 | $2,919 | $80,000 | $21,000 | $59,000 |
| 2019 | $2,875 | $80,000 | $21,000 | $59,000 |
| 2018 | $3,349 | $80,000 | $21,000 | $59,000 |
| 2017 | $3,482 | $75,800 | $16,800 | $59,000 |
| 2016 | $3,450 | $75,800 | $16,800 | $59,000 |
| 2015 | $1,346 | $75,800 | $16,800 | $59,000 |
| 2014 | $2,583 | $75,800 | $16,800 | $59,000 |
Source: Public Records
Agents Affiliated with this Home
-
Anna Kauffman
Seller's Agent in 2024
Anna Kauffman
Heroes Real Estate
(717) 615-0182
2 in this area
14 Total Sales
-
Josh Heller
Seller's Agent in 2024
Josh Heller
JRHeller.com LLC
(717) 803-6446
3 in this area
130 Total Sales
-
Lee Wolff
Seller Co-Listing Agent in 2024
Lee Wolff
Heroes Real Estate
(717) 394-7283
1 in this area
489 Total Sales
-
Logan Chappel
Seller Co-Listing Agent in 2024
Logan Chappel
JRHeller.com LLC
(717) 475-7129
2 in this area
118 Total Sales
-
Abby Hobson
A
Buyer's Agent in 2024
Abby Hobson
Keller Williams Elite
(717) 682-1149
1 in this area
10 Total Sales
Map
Source: Bright MLS
MLS Number: PALA2044336
APN: 339-64672-0-0000
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