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8 East Walnut Street

8 East Walnut Street, Lancaster, PA 17603
Property in Uptown
Sold Apr 03, 2017
$127,500
$1,674,000 by Ephrata National Bank
Mortgage
8 East Walnut Street has been categorized by the local assessors in Lancaster, PA as a residential type of property. The building on the property was first built in 1880 and is 144 years old. However, we must point out that the home was most recently renovated and altered in 1970. In addition, 8 East Walnut Street has 3,011 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 436 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. Residents will have the luxury of enjoying a unknown. The exterior walls of the building are made of brick. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 8 East Walnut Street sold most recently in Mar 30, 2017 for a total of $127,500. If you work out the math, that's approximately a cost of $42.34 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,124 in taxes each year. 8 East Walnut Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $110,600. If we break it down further, the land itself was valued at $36,000. Improvements to the property, however, were assessed at a total of $74,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 0
  • Exterior Walls Type: Brick
  • Business/Commerical Units Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 436
  • Total Building Area: 3,011
  • Gross Building Area: 3,011
  • Building Area: 3,011
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,011
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.01
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Watercraft (ships, boats, pwcs, etc.)

Ownership

  • Current Owner : STOLTZFUS BEN S
  • Current Owner 2: STOLTZFUS ANNIE M
  • Previous Owner : GIBBLE MATTHEW
  • Previous Owner 2: ESTATE OF MARY GROSSI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lancaster School District
  • School Tax School District: LANCASTER
  • Census Tract: 000100

Zoning

  • Zoning: CB

Geography

  • District: 336
  • Parcel: 336-72985-0-0000
  • Municipality: LANCASTER CITY (W6)
  • Latitude: 40.0426
  • Longitude: -76.3062

    Address

  • Full Address: 8 E Walnut St
  • Address - House Number: 8
  • Street Direction: E
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: PA
  • City Name: Lancaster
  • Carrier Code: C025
  • 4-Digit Zip Code: 4924
  • Zip Code: 17602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,124

    Appraisal Valuation

  • Standard Deviation: 0.497
  • Valuation Date: Dec 13, 2023
  • Final Value: 262,678
  • High Value: 393,239
  • Low Value: 132,116

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,674,000
  • First Open Lien Mortgage Lender: EPHRATA NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Sep 27, 2022
  • First Open Lien Mortgage Loan Amount: $1,674,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $110,600
  • Market Land Value: $36,000
  • Market Improvement Value: $74,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $110,600
  • Assessed Land Value: $36,000
  • Assessed Improvements Value: $74,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 30, 2017
  • Current Sale Recording Date: Apr 03, 2017
  • Current Sale Transaction ID: 1807339563
  • Current Sale Price: $127,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 6325409

    Last Sale Mortgage

  • First Mortgage Lender: THE EPHRATA NATIONAL BANK
  • First Mortgage Transaction Date: Apr 03, 2017
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Apr 01, 2027

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Frequently Asked Questions

What neighborhood is 8 East Walnut Street located in?
The 8 East Walnut Street is a located in the neighborhood of Uptown in Lancaster Central Business District, Lancaster.
What is the average sales price for listings in 8 East Walnut Street?
The average sales price for units in 8 East Walnut Street is $0 currently.

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