NOT LISTED FOR SALE

940 Lampeter Rd Lancaster, PA 17602

Estimated Value: $317,000 - $494,000

-- Bed
3 Baths
2,749 Sq Ft
$148/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $300,000 $109 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,614/month

10 Days on Market

Highlights

  • 1.2 Acre Lot
  • Traditional Architecture
  • Hot Water Heating System
  • Lampeter Elementary School Rated A-
  • Ceiling Fan

About This Home

As of October 2023

Amazing potential for this 3 unit property and outbuildings. Note: The Sellers will be maintaining possession of 2 of the 3 outbuildings for approximately 6 years. The Sellers will maintain the properties and provide snow removal for the part of the property they are using. Please contact the listing agent or have your realtor contact the listing agent for precise instructions. The price of this property reflects the 3 unit house and small garage only. The rest of the property will be a bonus at year 6.

Last Agent to Sell the Property

daniel parson

(717) 808-1764 admin@danparsonteam.com Keller Williams Elite License #RS324634 Listed on: 09/08/2023

Keller Williams Elite

Last Buyer's Agent

Adrian Young

(717) 333-0440 adrian@adrianyoungteam.com Keller Williams Keystone Realty License #RS288484

Keller Williams Keystone Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,649

Year Built

  • Built in 1900

Lot Details

  • 1.2 Acre Lot
  • Property is in below average condition

Home Design

  • Triplex
  • Traditional Architecture
  • Fixer Upper
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,749 Sq Ft Home
  • Ceiling Fan
  • Partial Basement
  • Fire and Smoke Detector

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Schools

  • Lampeter-Strasburg High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater
  • On Site Septic

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 320-54400-0-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,649

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 2749
  • Living Area Sq Ft: 2749
  • Price Per Sq Ft: 118.22
  • Above Grade Finished Sq Ft: 2749
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Roof: Shingle
  • Spa: No
  • 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, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: On Site Septic
  • Water Previous Twelve Months: 720.00
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: LAMPETER-STRASBURG

Lot Info

  • Lot Size Acres: 1.20
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 52272.00
  • Property Condition: Below Average, Major Rehab Needed
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 4589.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 5649.00
  • Assessor Parcel Number: 320-54400-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: LAMPETER-STRASBURG

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2010
Sold by
Charles Ruth M and Charles Emory M
Bought by
Charles Elwood M and Charles Eugene M
Current Estimated Value
$406,756
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

Date Buyer Sale Price Title Company
Charles Elwood M -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2023 10/27/23 Sold $300,000 -7.7% $109 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $325,000 -- $118 / 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
2025 $5,777 $261,100 $88,300 $172,800
2024 $5,777 $261,100 $88,300 $172,800
2023 $5,649 $261,100 $88,300 $172,800
2022 $5,564 $261,100 $88,300 $172,800
2021 $5,433 $261,100 $88,300 $172,800
2020 $5,433 $261,100 $88,300 $172,800
2019 $5,359 $261,100 $88,300 $172,800
2018 $4,346 $261,100 $88,300 $172,800
2017 $4,397 $174,600 $46,300 $128,300
2016 $4,396 $174,600 $46,300 $128,300
2015 $862 $174,600 $46,300 $128,300
2014 $3,424 $174,600 $46,300 $128,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2040520

Bright MLS

APN: 320-54400-0-0000