NOT LISTED FOR SALE

Estimated Value: $220,000 - $250,000

-- Bed
2 Baths
2,082 Sq Ft
$115/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $199,500 $96 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,605/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • 5-minute walk to Reservior Park
  • Doors swing in
  • Electric Baseboard Heater

About This Home

As of July 2023

ALL OFFERS DUE Thursday, 5/25 by 3pm ***
2 unit on E King - Apt 1 is vacant and recently refurbished. 1 bed, 1 bath. Projected monthly rent 1095. Apt 2 is occupied with a Section8 tenant and features 3 bed, 1 bath. Separated utilities. Gas Forced Air Heat along with Electric Baseboards. Strong investment oppurtunity.

Last Agent to Sell the Property

Wendell Huyard

Coldwell Banker Realty License #RS298371 Listed on: 05/18/2023

Coldwell Banker Realty

Last Buyer's Agent

Edgar Wright

Edgar M. Wright, Realtor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,536

Year Built

  • Built in 1900

Lot Details

  • 3,049

Parking

  • On-Street Parking

Home Design

  • 2,082 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation

Utilities

  • Forced Air Heating System
  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • Doors swing in
  • 3,049 Sq Ft Lot

Listing and Financial Details

  • The owner pays for common area maintenance, management, pest control, real estate taxes, trash collection, water, sewer
  • Assessor Parcel Number 337-52234-0-0000

Community Details

Overview

  • 2 Units

Building Details

  • 1 Vacant Unit
  • Gross Income $26,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,536

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Accessibility Features: Doors - Swing In
  • Ownership: Fee Simple
  • Exclusions: Tenant Belongings
  • Inclusions: Kitchen Range, Refrigerator per unit
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: ALL OFFERS DUE Thursday, 5/25 by 3pm *** 2 unit on E King - Apt 1 is vacant and recently refurbished. 1 bed, 1 bath. Projected monthly rent 1095. Apt 2 is occupied with a Section8 tenant and features 3 bed, 1 bath. Separated utilities. Gas Forced Air Heat along with Electric Baseboards. Strong investment oppurtunity.
  • Special Features: None

Interior Features

  • Foundation Details: Stone
  • Total Sq Ft: 2082
  • Living Area Sq Ft: 2082
  • Price Per Sq Ft: 95.82
  • Above Grade Finished Sq Ft: 2082
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 612

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Baseboard - Electric, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • School District Key: 300200397286
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 573
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Year Assessed: 2023
  • Zoning: MIXED USE
  • Zoning Description: 573 Mix: Multi-Use Downtown Row

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 1
  • Owner Pays: Common Area Maintenance, Management, Pest Control, Taxes - Real Estate, Trash Collection, Water, Sewer
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • School Tax: 2122.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3536.00
  • Assessor Parcel Number: 337-52234-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 07/07/2023

Multi Family

  • Number Of Units Vacant: 1
  • Gross Scheduled Income: 26940.00

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Jul 7, 2023
Sold by
Beiler Stephen S
Bought by
Asencio Sebastian E
Seller's Agent
Wendell Huyard
Coldwell Banker Realty
Buyer's Agent
Edgar Wright
Edgar M. Wright, Realtor
List Price
$199,500
Sold Price
$199,500
Views
73
Current Estimated Value
$239,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,457
Avg. Annual Appreciation
8.97%
Original Mortgage
$195,886
Outstanding Balance
$191,219
Interest Rate
6.57%
Mortgage Type
FHA
Estimated Equity
$48,738

Purchase Details

Listed on
Apr 21, 2015
Closed on
Mar 28, 2016
Sold by
Shultz Kenneth D and Shultz James C
Bought by
Beiler Stephen S
Seller's Agent
Jennifer King
RE/MAX Of Reading
List Price
$117,900
Sold Price
$85,000
Premium/Discount to List
-$32,900
-27.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.45%
Original Mortgage
$63,750
Interest Rate
3.64%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Asencio Sebastian E $199,500 None Listed On Document
Beiler Stephen S $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asencio Sebastian E $195,886
Previous Owner Beiler Stephen S $63,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $199,500 0.0% $96 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $199,500 +134.7% $96 / Sq Ft
03/31/2016 03/31/16 Sold $85,000 -27.9% --
02/19/2016 02/19/16 Pending -- -- --
04/21/2015 04/21/15 For Sale $117,900 -- --
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 $3,597 $90,900 $40,300 $50,600
2024 $3,597 $90,900 $40,300 $50,600
2023 $3,536 $90,900 $40,300 $50,600
2022 $3,389 $90,900 $40,300 $50,600
2021 $3,316 $90,900 $40,300 $50,600
2020 $3,316 $90,900 $40,300 $50,600
2019 $3,267 $90,900 $40,300 $50,600
2018 $1,939 $90,900 $40,300 $50,600
2017 $3,904 $85,000 $27,200 $57,800
2016 $3,869 $85,000 $27,200 $57,800
2015 $1,509 $85,000 $27,200 $57,800
2014 $3,376 $85,000 $27,200 $57,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2035230

Bright MLS

APN: 337-52234-0-0000