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$997,000

Beds
10
Baths
11.0
sq ft
5,425

1049 E King St, Lancaster, PA 17602

1049 E King St

LANCASTER, PA 17602

  • 9 days on market
Beautiful Spanish style Historical home is now available for sale. Located just outside city in fantastic location close to all the action, but in a neighborhood setting. The Kings Cottage is a historic home, noted on the National Registry but without restrictions. The home has been beautifully restored with spacious rooms and luxury features. Every bedroom in the home has a bathroom, there are 3 whirlpool tubs, and many classic clawfoot tubs. All rooms have fireplaces. The home can be provided completely furnished as shown in pictures. There is a charming detached 'Carriage House' located in the rear of main house with full bedroom & bathroom. There is also a detached room off the rear of the main home with bed & bath. These rooms are rented as short term rentals, see documents for income, together they produced $31,445 over the past year. Outside there is generous off street parking complete with a Electric vehicle charger, a lovely Koi Pond garden area and firepit.

Details

Property type

Single Family Residence

Est. home value

$1,036,512

Lot size

0.32 acres

Price per sq ft

$184

Year built

1915

Annual property taxes

$12,192.59

HOA

No

Price History

09/30/2024
Bright

Bright #PALA2057528

Listed
$997,000
+13.94%
09/16/2021
Bright

Bright #PALA107354

Sold
$875,000

Schools & Community

Neighborhood: 

East Side

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks, Street Lights

School district: 

SCHOOL DISTRICT OF LANCASTER

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Acnb Bank

Loan start date

September 2021

Original loan amount

$700,000

Est. remaining balance

Not provided

Interest rate

2.8%

Loan type

Future Advance Clause / Open End Mortgage

Seller

1049 E King Street Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/08/2024 at 8:35 PM

Listing updated: 09/30/2024 at 7:26 AM

Listed by: Naomi E Brown, Capstone Commercial Phone #: (717) 819-2825

MLS: Bright #PALA2057528

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