NOT LISTED FOR SALE

9 Pearl St Lancaster, PA 17603

West End Neighborhood

Estimated Value: $284,000 - $315,000

-- Bed
3 Baths
1,860 Sq Ft
$161/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $237,000 $127 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,007/month

5 Days on Market

Highlights

  • Outdoor Storage
  • Level Lot
  • Radiator
  • Property is in very good condition

About This Home

As of June 2022

What a great opportunity to hop into this booming investment market! This 2000+ sq. ft. multiunit is located in the SOWE neighborhood of Lancaster City. Very clean and well taken care of. The 1st floor unit is a 1 bed, 1 bath unit. The 2nd floor is a 3 bed, 1 bath unit. Both units have their own furnaces as well as separate water heaters for each unit. Potential for off street parking in the rear of the property.

Last Agent to Sell the Property

Dana Guyer

Realty ONE Group Unlimited License #RS336068 Listed on: 04/20/2022

Realty ONE Group Unlimited

Last Buyer's Agent

Jamie Hoffman

Fetch Home Management LLC License #RS362270

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,246

Year Built

  • Built in 1902

Lot Details

  • 1,742 Sq Ft Lot
  • Level Lot
  • Property is in very good condition

Home Design

  • 1,860 Sq Ft Home
  • Duplex
  • Converted Dwelling
  • Brick Exterior Construction
  • Brick Foundation
  • Poured Concrete
  • Built-Up Roof
  • Aluminum Siding
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Storage

Utilities

  • Window Unit Cooling System
  • Radiator
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water, trash collection, sewer
  • Assessor Parcel Number 338-43520-0-0000

Community Details

Overview

  • 2 Units
  • South West Lancaster Subdivision

Building Details

  • Income includes apartment rentals
  • Other Expense $640
  • Trash Expense $576
  • Gross Income $21,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,246

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Exclusions: Any tenant-owned items.
  • New Construction: No
  • Other Expense: 640.00
  • Expected On Market: 2022-04-20
  • Year Built: 1902
  • Automatically Close On Close Date: No
  • Remarks Public: What a great opportunity to hop into this booming investment market! This 2000+ sq. ft. multiunit is located in the SOWE neighborhood of Lancaster City. Very clean and well taken care of. The 1st floor unit is a 1 bed, 1 bath unit. The 2nd floor is a 3 bed, 1 bath unit. Both units have their own furnaces as well as separate water heaters for each unit. Potential for off street parking in the rear of the property.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Poured Concrete, Full, Outside Entrance
  • Total Sq Ft: 1860
  • Living Area Sq Ft: 1860
  • Price Per Sq Ft: 120.97
  • Above Grade Finished Sq Ft: 1860
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 9

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Brick, Vinyl Siding
  • Exterior Features: Fire Escape, Secure Storage
  • Roof: Built-Up
  • 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, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

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: 90100.00
  • Land Assessed Value: 23800.00
  • Land Use Code: 114
  • Lot Features: Level
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: RESIDENTAIL

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 1
  • Owner Pays: Water, Trash Collection, Sewer
  • Total Actual Rent: 21900.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4068474
  • School Tax: 2582.00
  • Tax Annual Amount: 4246.00
  • Assessor Parcel Number: 338-43520-0-0000
  • Tax Total Finished Sq Ft: 1860
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/10/2022

Multi Family

  • Gross Income: 21900.00
  • Gross Scheduled Income: 21900.00
  • Income Includes: Apartment Rentals
  • 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
Apr 20, 2022
Closed on
Jun 10, 2022
Sold by
Maldonado Jr John B
Bought by
Dixon Derrick
Seller's Agent
Dana Guyer
Realty ONE Group Unlimited
Buyer's Agent
Jamie Hoffman
Fetch Home Management LLC
List Price
$225,000
Sold Price
$237,000
Premium/Discount to List
$12,000
5.33%
Current Estimated Value
$299,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,306
Avg. Annual Appreciation
8.17%
Original Mortgage
$225,150
Outstanding Balance
$215,672
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$88,778

Purchase Details

Closed on
Mar 19, 2008
Sold by
Peters Nelson G and Peters Sherri L
Bought by
Maldonado John B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,667
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2003
Sold by
Duerr Karl James J and Duerr Karl Carolyn
Bought by
Peters Nelson G and Peters Sherri L
Source: Public Records

Range of Values:

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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
Dixon Derrick $237,000 Nikolaus & Hohenadel Llp
Maldonado John B $151,000 First American Title Ins Co
Peters Nelson G $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dixon Derrick $225,150
Previous Owner Maldonado John B $136,790
Previous Owner Maldonado John B $148,667
Closed Dixon Derrick $11,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $237,000 +5.3% $127 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $225,000 -- $121 / 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 $4,507 $113,900 $23,800 $90,100
2023 $4,431 $113,900 $23,800 $90,100
2022 $4,247 $113,900 $23,800 $90,100
2021 $4,156 $113,900 $23,800 $90,100
2020 $4,156 $113,900 $23,800 $90,100
2019 $4,093 $113,900 $23,800 $90,100
2018 $4,769 $113,900 $23,800 $90,100
2017 $3,358 $73,100 $20,600 $52,500
2016 $3,327 $73,100 $20,600 $52,500
2015 $1,298 $73,100 $20,600 $52,500
2014 $2,903 $73,100 $20,600 $52,500
Source: Public Records

Agents Affiliated with this Home

  • Dana Guyer

    Seller's Agent in 2022

    Dana Guyer

    Realty ONE Group Unlimited

    (717) 517-4397

    2 in this area

    89 Total Sales

    Section Image
  • Jamie Hoffman

    Buyer's Agent in 2022

    Jamie Hoffman

    Fetch Home Management LLC

    (484) 949-4401

    1 in this area

    10 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: PALA2016742

Bright MLS

APN: 338-43520-0-0000

Pennsylvania Lancaster County Lancaster 17603 West End

9 Pearl St, Lancaster, PA

This home is located at 9 Pearl St, Lancaster, PA 17603 since 20 April 2022 and is currently estimated at $299,306, approximately $160 per square foot. This property was built in 1902. 9 Pearl St is a home located in Lancaster County with nearby schools including Smith-Wade-El Elementary School, Wheatland Middle School, and McCaskey High School.

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