Sold for $275,000

$275,000

501 3rd St, Lancaster, PA 17603

4beds

--baths

1,792sqft

Townhouse

Built in 1910

-- sqft lot

$294,400 Zestimate^®

$153/sqft

$1,590 Estimated rent

Home value

$294,400

$274,000 - $318,000

$1,590/mo

Zestimate^® history

Owner options

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$1,590/mo

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$1,590/mo

Rent Zestimate^®

Refinance and save

$1,778/mo

Est. payment

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$1,778/mo

Est. payment

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What's special

Well maintained 2 unit in Lancaster City. First floor remodel completed Oct 2024, 2nd floor long term tenant. Additional rental income from 2 garages. Solid property with low taxes and lots of upside.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4

Basement

Area: 0

Heating

Radiator, Natural Gas

Cooling

None

Appliances

Included: Electric Water Heater

Features

Has fireplace: No

Interior area

Total structure area: 1,792
Total interior livable area: 1,792 sqft

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Pool features: None

Lot

Size: 1,742 Square Feet

Details

Additional structures: Above Grade, Below Grade
Parcel number: 3388563700000
Zoning: R-3
Zoning description: Medium Density
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Townhouse

Materials

Brick, Masonry
Foundation: Stone

Condition

Good
New construction: No
Year built: 1910

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Available, Sewer Available, Water Available

Community & HOA

Location

Region: Lancaster
Municipality: LANCASTER CITY

Financial & listing details

Price per square foot: $153/sqft
Tax assessed value: $56,200
Annual tax amount: $2,247
Date on market: 11/7/2024
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Inclusions: Refrigerator And Oven In Each Unit.
Exclusions: Tenant Possessions
Ownership: Fee Simple

Price history

Date	Event	Price
2/7/2025	Sold	$275,000-3.5%$153/sqft
Source: Bright MLS #PALA2059976 Report a problem
12/28/2024	Pending sale	$284,900$159/sqft
Source: Bright MLS #PALA2059976 Report a problem
12/2/2024	Price change	$284,900-5%$159/sqft
Source: Bright MLS #PALA2059976 Report a problem
11/7/2024	Listed for sale	$299,900+354.4%$167/sqft
Source: Bright MLS #PALA2059976 Report a problem
8/28/2012	Sold	$66,000-17.5%$37/sqft
Source: Agent Provided Report a problem
8/2/2012	Listed for sale	$80,000$45/sqft
Source: Coldwell Banker Select Professionals #196386 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$2,322 +3.3%	$56,200
2025	$2,247 +1.1%	$56,200
2024	$2,224 +1.7%	$56,200
2023	$2,186 +4.3%	$56,200
2022	$2,095	$56,200
2021	$2,095 +1180.8%	$56,200
2020	$164 -91.9%	$56,200
2019	$2,020 +1134.6%	$56,200
2018	$164 -94.5%	$56,200 -13.4%
2017	$2,981 +0.9%	$64,900
2016	$2,954 +14.6%	$64,900
2015	$2,578	$64,900
2014	$2,578	$64,900
2013	--	$64,900
2012	--	$64,900
2011	--	$64,900
2010	--	$64,900
2009	--	$64,900
2007	--	$64,900
2006	--	$64,900
2005	--	$64,900 +31.4%
2004	--	$49,400
2003	--	$49,400
2002	--	$49,400
2000	--	$49,400