Seller's Agent in 2022
Christopher Beiler
Kingsway Realty - Lancaster
(717) 201-0838
3 in this area
88 Total Sales
620 E King St Lancaster, PA 17602
Stevens NeighborhoodEstimated Value: $406,000 - $433,000
--
Bed
4
Baths
2,461
Sq Ft
$170/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Hot Water Baseboard Heater
- 3-minute walk to Reservior Park
- Electric Baseboard Heater
About This Home
As of December 2022Great investment opportunity on the East Side of Lancaster City. This four unit comes turnkey and ready to make money on the first day, as it is fully occupied with a management company in place and a just renewed rental license, which can be transferred to the new owners.
Last Agent to Sell the Property
Kingsway Realty - Lancaster License #RS330808 Listed on: 10/26/2022
Last Buyer's Agent
Kingsway Realty - Lancaster License #RS330808 Listed on: 10/26/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,210
Year Built
- Built in 1940
Lot Details
- 2,178 Sq Ft Lot
- Property is in average condition
Parking
- On-Street Parking
Home Design
- 2,461 Sq Ft Home
- Quadruplex
- Traditional Architecture
- Brick Exterior Construction
- Stone Foundation
- Shingle Roof
- Masonry
Utilities
- Window Unit Cooling System
- Hot Water Baseboard Heater
- Electric Baseboard Heater
- 200+ Amp Service
- Electric Water Heater
Additional Features
- Unfinished Basement
Listing and Financial Details
- The owner pays for heater maintenance contract, lawn/shrub care, sewer, sewer maintenance, trash collection, water
- Assessor Parcel Number 337-59649-0-0000
Community Details
Overview
- 4 Units
- 3-Story Building
Building Details
- 1 Vacant Unit
- Income includes apartment rentals
- Manager Expense $3,336
- Operating Expense $15,040
- Gross Income $41,700
- Net Operating Income $24,569
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 26, 2022
Closed on
Dec 30, 2022
Sold by
Prestige Real Estate Group Llc
Bought by
Demora William Benjamin
Seller's Agent
Christopher Beiler
Kingsway Realty - Lancaster
Buyer's Agent
Christopher Beiler
Kingsway Realty - Lancaster
List Price
$359,900
Sold Price
$359,900
Views
33
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
$57,417
Avg. Annual Appreciation
5.70%
Original Mortgage
$269,925
Outstanding Balance
$261,592
Interest Rate
6.42%
Estimated Equity
$155,725
Purchase Details
Listed on
Jul 10, 2019
Closed on
Nov 14, 2019
Sold by
Estrubhar Properties Llc
Bought by
Prestige Real Estate Group Llc
Seller's Agent
Pamela Carr
Keller Williams Elite
Buyer's Agent
Christopher Beiler
Kingsway Realty - Lancaster
List Price
$268,000
Sold Price
$216,000
Premium/Discount to List
-$52,000
-19.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.72%
Original Mortgage
$162,000
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Sep 19, 2018
Closed on
Oct 5, 2018
Sold by
Demarco Anthony J and Checchio Mary Anne
Bought by
Estrubhar Properties Llc
Seller's Agent
R. Ashley Brunner
Keller Williams Elite
Buyer's Agent
Ervin Barkman
Kingsway Realty - Lancaster
List Price
$149,900
Sold Price
$160,620
Premium/Discount to List
$10,720
7.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.56%
Purchase Details
Closed on
Jan 11, 2008
Sold by
Kennel John A and Kennel Mildred M
Bought by
Demarco Anthony J and Checchio Mary Anne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 15, 1999
Sold by
Vanaulen Barry Lee and Koppenhaver April Melody
Bought by
Kennel John A and Kennel Mildred M
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Demora William Benjamin | $359,900 | -- | |
| Prestige Real Estate Group Llc | $216,000 | Regal Abstract Lancaster | |
| Estrubhar Properties Llc | $160,620 | None Available | |
| Demarco Anthony J | $120,000 | None Available | |
| Kennel John A | $85,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Demora William Benjamin | $269,925 | |
| Previous Owner | Prestige Real Estate Group Llc | $162,000 | |
| Previous Owner | Estrubhar Properties Llc | $161,000 | |
| Previous Owner | Demarco Anthony J | $85,500 | |
| Previous Owner | Demarco Anthony J | $90,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2022 12/30/22 | Sold | $359,900 | 0.0% | $146 / Sq Ft |
| 11/07/2022 11/07/22 | Pending | -- | -- | -- |
| 10/26/2022 10/26/22 | For Sale | $359,900 | +66.6% | $146 / Sq Ft |
| 11/15/2019 11/15/19 | Sold | $216,000 | -10.0% | $88 / Sq Ft |
| 09/27/2019 09/27/19 | Pending | -- | -- | -- |
| 08/27/2019 08/27/19 | Price Changed | $239,900 | -7.7% | $97 / Sq Ft |
| 08/13/2019 08/13/19 | Price Changed | $259,900 | -3.0% | $106 / Sq Ft |
| 07/10/2019 07/10/19 | For Sale | $268,000 | +66.9% | $109 / Sq Ft |
| 10/16/2018 10/16/18 | Sold | $160,620 | +7.2% | $65 / Sq Ft |
| 09/24/2018 09/24/18 | Pending | -- | -- | -- |
| 09/19/2018 09/19/18 | For Sale | $149,900 | -- | $61 / 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 |
|---|---|---|---|---|
| 2025 | $4,388 | $110,900 | $19,800 | $91,100 |
| 2024 | $4,388 | $110,900 | $19,800 | $91,100 |
| 2023 | $4,314 | $110,900 | $19,800 | $91,100 |
| 2022 | $4,135 | $110,900 | $19,800 | $91,100 |
| 2021 | $4,046 | $110,900 | $19,800 | $91,100 |
| 2020 | $4,046 | $110,900 | $19,800 | $91,100 |
| 2019 | $3,986 | $110,900 | $19,800 | $91,100 |
| 2018 | $2,365 | $110,900 | $19,800 | $91,100 |
| 2017 | $3,440 | $74,900 | $15,200 | $59,700 |
| 2016 | $3,409 | $74,900 | $15,200 | $59,700 |
| 2015 | $1,330 | $74,900 | $15,200 | $59,700 |
| 2014 | $2,975 | $74,900 | $15,200 | $59,700 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Beiler
-
Pamela Carr
Seller's Agent in 2019
Pamela Carr
Keller Williams Elite
(717) 201-7657
18 Total Sales
-
Cathy Curtiss
Seller Co-Listing Agent in 2019
Cathy Curtiss
Coldwell Banker Realty
(717) 940-2389
43 Total Sales
-
R. Ashley Brunner
Seller's Agent in 2018
R. Ashley Brunner
Keller Williams Elite
(717) 380-4212
1 in this area
104 Total Sales
-
Ronald Burkhart
Seller Co-Listing Agent in 2018
Ronald Burkhart
Coldwell Banker Realty
(717) 735-1319
168 Total Sales
-
Ervin Barkman
Buyer's Agent in 2018
Ervin Barkman
Kingsway Realty - Lancaster
(717) 468-4424
1 in this area
108 Total Sales
Map
Source: Bright MLS
MLS Number: PALA2026984
APN: 337-59649-0-0000
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