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283 Park Ave Unit 2, Lancaster, PA, 17602

$950,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
3,277 SqFt
$290/SqFt
Condo
Schools Nearby

Location

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283 Park Ave Unit 2, Lancaster$950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingGarage Door Opener, Paved Parking, Private, Secure Parking, Attached Garage, On Street, Parking Lot
Garage2 spaces
Year Built1920
HeatingForced Air
CoolingCentral Air
MLS #PALA2046374
Lot Size0.20 Acres
StatusActive
(ACTIVE)

About 283 Park Ave Unit 2

Experience urban luxury at its finest in this 1920’s exquisitely converted industrial space nestled in downtown Lancaster City. And there is still time left to enjoy the benefits of the seven-year city tax abatement program. The building was formerly a lock factory and has abundant character with exposed brick walls, soaring 12-foot ceilings, and an open floor plan flooded with natural light from the large industrial windows. The fabulous balcony/terrace provides ample opportunities for effortless entertainment and relaxation. This residence combines modern design with upscale amenities and custom finishes. You will be delighted with the spacious kitchen that boasts a large central island great for dining and entertaining. The custom cabinetry and professional Viking and Wolf appliances are top of the line. The large pantry, wet bar, and beverage center make this kitchen a cook’s dream. The primary suite is a serene retreat with a custom walk-in closet and a spa-like bathroom, complete with soaking tub, and a walk-in tile shower. The 3,200 square foot unit has a total of three bedrooms and two and a half bathrooms. You will love the convenience of the private elevator entrance. This unit comes with three designated parking spots, two of them indoors. Within minutes of Park Avenue, you will have easy access to fine dining, wonderful boutiques, shops, art galleries, and all the rest that downtown Lancaster has to offer. As a bonus, the new owner of the unit will enjoy lower taxes for three years, 2024, 2025 and 2026, as part of the City of Lancaster's seven-year tax abatement program (LERTA). The time has never been better to turn your dream of luxury city living into a reality. Schedule a showing today for the opportunity to own this remarkable residence!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1920
  • Stories: 3
  • Living Area: 3,277 SqFt

Listing Office:

  • Office Name: Lusk & Associates Sotheby's International Realty
  • Office Phone: (717) 291-9101
  • Listing Agent: Anne M Lusk

Interior Features

Interior Information:

  • Appliances: Microwave, Cooktop, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: No
  • Flooring Type: Concrete
  • Interior: Breakfast Area, Built-Ins, Ceiling Fan(s), Dining Area, Kitchen - Eat-In, Kitchen - Island, Pantry, Primary Bath(s), Soaking Tub, Sprinkler System, Stall Shower, Walk-in Closet(s), Window Treatments, Combination Dining/Living, Combination Kitchen/Dining, Elevator, Floor Plan - Open, Intercom, Flat, Wet/Dry Bar

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage Door Opener, Paved Parking, Private, Secure Parking, Attached Garage, On Street, Parking Lot

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • J. P. McCaskey High School Campus, Public District Grades EE-12
  • Lincoln Middle School, Public District Grades 6-8
  • Ross Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From North Queen St turn right onto E James St, continue onto Park Ave. The property will be on the left and can be accessed from the driveway just beyond the Park Ave Shoe Factory.

Municipality:

  • Lancaster City

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000
  • Price Per SqFt: $290/SqFt

Tax Information:

  • Annual Amount: $21,214
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lancaster, PA.

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Lancaster, PA

City

Med. Sold Price

$304.3K

Med. Price/SqFt

$180

Avg. Days On Market

16

# of Sold Homes

119

283 Park Ave Unit 2 vs Lancaster

47 DAYS ON ROCKET

+31 Days

$950,000

+$645.6K More

$290/SqFt

+$109 More

KEY TAKEAWAY

This property is $645.6K more than the Median Sold Price and $109/SqFt more than other homes in Lancaster, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PALA2046374

Listing Office:

  • Office Name: Lusk & Associates Sotheby's International Realty
  • Office Phone: (717) 291-9101
  • Listing Agent: Anne M Lusk

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 12:10:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 10, 2020Home Sold
$805,000

Tax History

YEARPROP. TAXASSESSMENT
2021$21,214$575,000
2020$2,681$73,500

History based on county public records data.

Payment Calculator

$4,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1954001
5
/10

  • Ross Elementary School

  • 840 N Queen St

  • 0.45 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1954002
5
/10

  • Lincoln Middle School

  • 1001 Lehigh Ave

  • 0.81 miles

  • Public District Grades 6-8

High School

school-card-donut-1954003
3
/10

  • J. P. McCaskey High School Campus

  • 445 N Reservoir St

  • 0.59 miles

  • Public District Grades EE-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,086. Typical income of Lancaster, PA residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 283 Park Ave Unit 2

What is the listing price of this property?

The listing price of 283 Park Ave Unit 2 property is $950,000.

What type of property is this?

The property 283 Park Ave Unit 2 is a condo located in Lancaster, Pennsylvania, 17602.

Is this property for sale now?

Active Listing: 283 Park Ave Unit 2 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 283 Park Ave Unit 2 are:
Ross Elementary School: GreatSchools Rating 5/10
Lincoln Middle School: GreatSchools Rating 5/10
J. P. McCaskey High School Campus: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $21,214 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 10, 2020 for $805,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 283 Park Ave Unit 2 has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 283 Park Ave Unit 2 is 3,277 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 283 Park Ave Unit 2 is 1920.

Rocket Homes›Pennsylvania›Lancaster County›Lancaster›17602›283 Park Ave Unit 2

This home is located at 283 Park Ave Unit 2 in Lancaster, PA and zip code 17602. This 3,277 square foot home, which was built in 1920, sits on a 0.20 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 11, 2024 and is currently priced at $950,000.

In March 2024, from all listings sold in Lancaster, PA there were more than 49 sold above asking price, over 33 sold below and more than 37 were sold right at the asked price. Between February 2024 and March 2024, Lancaster, PA real estate market has seen decrease in the number of listings by 0.7%. The median list price of listings available in March 2024 was $304,355, while the average time on the real estate market was 16 days.

From Rocket Homes Real Estate and based on county public records data.

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