Taxes
- Assessed Value: $47,500
- Assessed Year: 2026
- Assessed County: Lancaster
- APN: 337-88940-0-0000
- Assessed Land Value: 7800
- Market Land Value: 7800
- Tax Amount: 1899.52
- Tax Year: 2025
- Market Value: 47500
- Market Year: 2026
505 Terrace Rd; Lancaster, PA Property Details
Off market
505 Terrace Rd Lancaster, PA 17602
$47,500 Estimated Value
2 Beds
1 Baths
990 SqFt
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1948
- Est. Equity / %: $233,000 / 100%
- Gross Yield: 5.459%
- APN: 337-88940-0-0000
- Situs County: Lancaster
Rooms
- Bedrooms: 2
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 5
Structure
- Building Style: Frame
- Stories: 1
- Exterior Wall Type: Combination
- Roof Cover Type: Composition Shingle
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 990/SqFt
- Lot: 3,049/SqFt
- Gross: 1,982/SqFt
- Living: 990/SqFt
- Basement: 894/SqFt
- Building: 1,884/SqFt
- Ground: 990/SqFt
Legal Description
- Description: 505 TERRACE RD
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Lancaster School District
- Lat / Lon: 40.030613 / -76.29876
- Property Class: Residential
- Zoning: R2
- County Use Code: 113
Amenities
- Heating Fuel Type: Gas
- Plus Four: 4453
- Bathroom Fixtures: 5
- Cooling: Central
- Fireplaces: 1
- Heating: Yes
Ownership Info
505 Terrace Rd has no associated ownership info
505 Terrace Rd has no associated ownership info.
Taxes
505 Terrace Rd has 10 associated Taxes items
505 Terrace Rd, Lancaster, PA pays taxes in Lancaster County, PA. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $47,500. The APN we've located for 505 Terrace Rd is 337-88940-0-0000.
Unlock the full reportTax History
505 Terrace Rd has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value $47,500 | Land Value $7,800 | Improvement Value $39,700 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,899.52 | Change Rate +0.010625% | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $47,500 | Land Value $7,800 | Improvement Value $39,700 | Tax Amount $1,879.55 | Change Rate +0.061299% | Assessed CR | Tax Rate +0.039569% |
| Year 2023 | Assessed Value $47,500 | Land Value $7,800 | Improvement Value $39,700 | Tax Amount $1,770.99 | Change Rate | Assessed CR | Tax Rate +0.037284% |
| Year 2022 | Assessed Value $47,500 | Land Value $7,800 | Improvement Value $39,700 | Tax Amount $1,770.99 | Change Rate +0.010585% | Assessed CR | Tax Rate +0.037284% |
| Year 2021 | Assessed Value $47,500 | Land Value $7,800 | Improvement Value $39,700 | Tax Amount $1,752.44 | Change Rate +0.011212% | Assessed CR | Tax Rate +0.036893% |
| Year 2020 | Assessed Value $47,500 | Land Value $7,800 | Improvement Value $39,700 | Tax Amount $1,733.01 | Change Rate +2.118327% | Assessed CR | Tax Rate +0.036484% |
| Year 2019 | Assessed Value $47,500 | Land Value $7,800 | Improvement Value $39,700 | Tax Amount $555.75 | Change Rate -0.035223% | Assessed CR | Tax Rate +0.0117% |
| Year 2018 | Assessed Value $47,500 | Land Value $7,800 | Improvement Value $39,700 | Tax Amount $576.04 | Change Rate +1.920947% | Assessed CR | Tax Rate +0.012127% |
| Year 2017 | Assessed Value $52,800 | Land Value $8,100 | Improvement Value $44,700 | Tax Amount $197.21 | Change Rate -0.917933% | Assessed CR | Tax Rate +0.003735% |
| Year 2016 | Assessed Value $52,800 | Land Value $8,100 | Improvement Value $44,700 | Tax Amount $2,403.03 | Change Rate +1.563314% | Assessed CR | Tax Rate +0.045512% |
| Year 2015 | Assessed Value $52,800 | Land Value $8,100 | Improvement Value $44,700 | Tax Amount $937.47 | Change Rate -0.438614% | Assessed CR | Tax Rate +0.017755% |
| Year 2014 | Assessed Value $52,800 | Land Value $8,100 | Improvement Value $44,700 | Tax Amount $1,669.92 | Change Rate | Assessed CR | Tax Rate +0.031627% |