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$171,900

Beds
4
Baths
1.5
sq ft
1,427

559 S Christian St, Lancaster, PA 17602

559 S Christian St

LANCASTER, PA 17602

  • 58 days on market
    • Price drop $6,600↓
Don't miss out on this tenant-occupied single family home, a fantastic investment opportunity! Conveniently located within walking distance to all that downtown Lancaster has to offer. On the main floor there is a spacious living room, dining room, powder room, and kitchen. This home features four generous bedrooms, one and a half bathrooms, and over 1400 square feet of living space. It has undergone several upgrades, including fully gutted and remodeled bathrooms with new fixtures (2023), brand new main shingle roof (2024), new porch roof (2023), a forced air heating and air conditioning system with ductwork (2021), new PEX plumbing and drain lines (2023), and replacement windows (2022). The current tenant has a lease that expires on 6/30/2025, and pays 1,495.00 a month. Tenants would love to stay and continue to live there after expiration of their lease.

Details

Property type

Townhouse

Est. home value

$127,868

Lot size

1,307 sq ft

Price per sq ft

$121

Year built

1882

Annual property taxes

$1,847

HOA

No

Price History

08/07/2024
Bright

Bright #PALA2054358

Price change
$171,900
-3.7%
07/23/2024
Bright

Bright #PALA2054358

Listed
$178,500
+174.62%
12/30/2020
Bright

Bright #PALA172094

Sold
$65,000

Schools & Community

Neighborhood: 

Churchtowne

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

SCHOOL DISTRICT OF LANCASTER

Negotiation Insights

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

Seller could get up to

$106,373
Asking price
$171,900
Closing costs (~8% of asking)
-$13,752
Est. remaining loan balance
-$51,775
Cash to seller
$106,373

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Paramount Residential Mortgage Group Inc

Loan start date

December 2020

Original loan amount

$56,380

Est. remaining balance

$51,775

Interest rate

2.84%

Loan type

New Conventional, 30 year

Seller

Sharoon Rashid Bhatti

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: 09/19/2024 at 7:50 PM

Listing updated: 08/26/2024 at 12:03 AM

Listed by: Christina Lynn Zerbe, Berkshire Hathaway HomeServices Homesale Realty Phone #: (717) 560-9100

MLS: Bright #PALA2054358

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