NOT LISTED FOR SALE

618 E King St Lancaster, PA 17602

Stevens Neighborhood

Estimated Value: $288,000 - $299,430

-- Bed
4 Baths
2,202 Sq Ft
$134/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $260,000 $118 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,975/month

5 Days on Market

Highlights

  • Wood Flooring
  • Electric Baseboard Heater
  • 5-minute walk to Reservior Park

About This Home

As of May 2023

Investment opportunity. Cash flowing 3 unit. The first floor unit is a 1 bedroom, rent is $795 per month. The second floor is a 1 bedroom, rent is $795 per month. The third floor unit is a 1 bedroom, the rent is $695 per month. Owner pays water, sewer and trash, which the total is $2,256 for 2022. The insurance expense is $1,800 per year. On street parking. The heat and hot water is paid by the tenants.

Last Agent to Sell the Property

Phill Stumpf

Kingsway Realty - Ephrata Listed on: 01/20/2023

Last Buyer's Agent

Joseph Fisher

Stoltzfus Realty License #RS352328

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,183

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Stone Foundation
  • Metal Roof
  • Masonry

Interior Spaces

  • 2,202 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Plank Tile

Utilities

  • Electric Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 3 Units
  • Income includes apartment rentals

Listing and Financial Details

  • The owner pays for sewer, water, trash collection
  • Assessor Parcel Number 337-57345-0-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,183

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Investment opportunity. Cash flowing 3 unit. The first floor unit is a 1 bedroom, rent is $795 per month. The second floor is a 1 bedroom, rent is $795 per month. The third floor unit is a 1 bedroom, the rent is $695 per month. Owner pays water, sewer and trash, which the total is $2,256 for 2022. The insurance expense is $1,800 per year. On street parking. The heat and hot water is paid by the tenants.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Carpet, Luxury Vinyl Plank, Wood
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2202
  • Living Area Sq Ft: 2202
  • Price Per Sq Ft: 113.08
  • Above Grade Finished Sq Ft: 2202
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 618

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Masonry
  • Roof: Metal
  • 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
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • 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: 90200.00
  • Land Assessed Value: 20000.00
  • Land Use Code: 116
  • Lot Size Acres: 0.06
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Year Assessed: 2022
  • Zoning: R4
  • Zoning Description: R4 High Density

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Owner Pays: Sewer, Water, Trash Collection
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4064993
  • School Tax: 2573.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 4183.00
  • Assessor Parcel Number: 337-57345-0-0000
  • Tax Total Finished Sq Ft: 2202
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/12/2023

Multi Family

  • Gross Income: 27420.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2023
Closed on
May 12, 2023
Sold by
Liberty Global Enterprises Llc
Bought by
Esh Jonathan
Seller's Agent
Phill Stumpf
Kingsway Realty - Ephrata
Buyer's Agent
Joseph Fisher
Stoltzfus Realty
List Price
$249,000
Sold Price
$260,000
Premium/Discount to List
$11,000
4.42%
Views
22
Current Estimated Value
$294,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,358
Avg. Annual Appreciation
3.99%

Purchase Details

Closed on
Dec 30, 2014
Sold by
Eberly Darrell and Eberly Twila
Bought by
Liberty Global Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
3.99%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 31, 2003
Sold by
Vanaulen Barry Lee and Koppenhaver April Melody
Bought by
Eberly Darrell and Eberly Twila J
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
Esh Jonathan $260,000 None Listed On Document
Liberty Global Enterprises Llc $607,000 None Available
Eberly Darrell $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liberty Global Enterprises Llc $400,000
Previous Owner Liberty Global Enterprises Llc $174,500
Previous Owner Liberty Global Enterprises Llc $94,400
Previous Owner Liberty Global Enterprises Llc $104,000
Previous Owner Eberly Darrell L $86,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $260,000 +4.4% $118 / Sq Ft
01/25/2023 01/25/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $249,000 -- $113 / 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 $4,361 $110,200 $20,000 $90,200
2023 $4,287 $110,200 $20,000 $90,200
2022 $4,109 $110,200 $20,000 $90,200
2021 $4,021 $110,200 $20,000 $90,200
2020 $4,021 $110,200 $20,000 $90,200
2019 $3,960 $110,200 $20,000 $90,200
2018 $2,350 $110,200 $20,000 $90,200
2017 $3,371 $73,400 $15,300 $58,100
2016 $3,341 $73,400 $15,300 $58,100
2015 $1,303 $73,400 $15,300 $58,100
2014 $2,915 $73,400 $15,300 $58,100
Source: Public Records

Agents Affiliated with this Home

  • Phill Stumpf

    Seller's Agent in 2023

    Phill Stumpf

    Kingsway Realty - Ephrata

    (717) 640-4160

    1 in this area

    99 Total Sales

    Section Image
  • Joseph Fisher

    Buyer's Agent in 2023

    Joseph Fisher

    Stoltzfus Realty

    (717) 598-3327

    15 in this area

    137 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: PALA2029968

Bright MLS

APN: 337-57345-0-0000

Pennsylvania Lancaster County Lancaster 17602 Stevens

618 E King St, Lancaster, PA

This home is located at 618 E King St, Lancaster, PA 17602 since 20 January 2023 and is currently estimated at $294,358, approximately $133 per square foot. This property was built in 1900. 618 E King St is a home located in Lancaster County with nearby schools including Burrowes Elementary School, Wickersham Elementary School, and Lincoln Middle School.

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