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1800 Lehman Street

1800 Lehman Street, Hershey, PA 17033
Property in Derry
Sold Mar 25, 2021
$4,250,000
$3,600,000 by Prosper Bank
Mortgage Due Mar 25, 2051
Sold Jan 04, 2018
$1,837,500
1800 Lehman Street has been categorized by the local assessors in Hershey, PA as a residential type of property. The building on the property was first built in 1988 and is 36 years old. The building has a total of 2 stories. The area measurement of the land has been determined as 49,658 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The exterior walls of the building are made of brick veneer. In terms of heating, it is utilizing electric heaters and being fueled with electricity. The property was last sold in Mar 19, 2021 for $4,250,000. That's $186.37 per sqft. Prior to that sales transaction, the property was also sold in Jan 3, 2017 for $1,837,500. 1800 Lehman Street was last assessed in 2024. The total value of the property was assessed at $811,000. Specifically, the land the property is located on was valued at $250,200. While improvements on the property were assessed at a total of $560,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $23,396. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 0
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 49,658
  • Total Building Area: 22,804
  • Gross Building Area: 22,804
  • Building Area: 22,804
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Electric
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EAST PARK
  • Land Acres: 1.14
  • Standard Land Use Code: Apartment house (5+ units)

Ownership

  • Current Owner : HERSHEY II APT GROUP LLC
  • Previous Owner : GRS PROPERTIES LLC
  • Owner Before Previous Owner: SCS PARTNERSHIP
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Derry Township School District
  • Census Tract: 024102

Geography

  • Assessors Map Reference: MAP 24-007
  • Account Number: 240072230000000
  • District: 24
  • Parcel: 24-007-223
  • Municipality: DERRY TOWNSHIP
  • Latitude: 40.3014
  • Longitude: -76.613

    Address

  • Full Address: 1800 Lehman St
  • Address - House Number: 1800
  • Address - Street Name: Lehman
  • Address - Suffix Type: St
  • State: PA
  • City Name: Hershey
  • Zip Code: 17033

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $23,396
  • Tax Rate Code Area: 24

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 1,403,966
  • High Value: 1,972,579
  • Low Value: 835,352

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,600,000
  • First Open Lien Mortgage Lender: PROSPER BANK
  • First Open Lien Mortgage Recording Date: Mar 25, 2021
  • First Open Lien Mortgage Loan Amount: $3,600,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Mar 25, 2051

    Market Valuation

  • Market Total Value: $811,000
  • Market Land Value: $250,200
  • Market Improvement Value: $560,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $811,000
  • Assessed Land Value: $250,200
  • Assessed Improvements Value: $560,800

    Sales

  • Current Sale Contract Date: Mar 19, 2021
  • Current Sale Recording Date: Mar 25, 2021
  • Current Sale Transaction ID: 11827334824
  • Current Sale Price: $4,250,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20210009779
  • Previous Sale Recording Date: Jan 04, 2018
  • Previous Sale Contract Date: Jan 03, 2017
  • Previous Sale Amount: $1,837,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPER BANK
  • First Mortgage Transaction Date: Mar 25, 2021
  • First Mortgage Loan Amount: $3,600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

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Frequently Asked Questions

What neighborhood is 1800 Lehman Street located in?
The 1800 Lehman Street is a located in the neighborhood of Derry in Palmdale, Hershey.
What is the average sales price for listings in 1800 Lehman Street?
The average sales price for units in 1800 Lehman Street is $0 currently.

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