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514 N School Ln; Lancaster, PA Property Details

514 N School Ln, Lancaster, PA is a Single Family that was built in 1931. This property is currently a cash purchase and is not for sale. Our records show that 514 N School Ln has 4 bedrooms, and 2.5 bathrooms, and a total of 2,480 square feet. The lot size of 514 N School Ln is 20,038 square feet.

Off market
514 N School Ln Lancaster, PA 17603
$297,600 Estimated Value
4 Beds
2.5 Baths
2,480 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1931
  • Purchase Price: $290,000
  • Est. Equity / %: $656,000 / 100%
  • Gross Yield: 5.766%
  • APN: 340-12205-0-0000
  • Situs County: Lancaster
  • Length Of Ownership: 15 years, 4 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 9
  • Partial Bathrooms: 1

Structure

  • Building Style: Masonry
  • Stories: 2
  • Exterior Wall Type: Brick
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,480/SqFt
  • Lot: 20,038/SqFt
  • Gross: 3,422/SqFt
  • Garage: 260/SqFt
  • Living: 2,480/SqFt
  • Basement: 1,026/SqFt
  • Building: 3,218/SqFt
  • Ground: 1,166/SqFt
  • Basement Finished: 288/SqFt
  • Basement Unfinished: 738/SqFt
  • Price Per Square Foot: $116.94

Legal Description

  • Description: 514 N SCHOOL LN
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: 40.046467 / -76.32955
  • Subdivision: School Lane Hills Sec 11
  • Property Class: Residential
  • Zoning: R-1
  • County Use Code: 113

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2533
  • Bathroom Fixtures: 12
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 1

Ownership Info

514 N School Ln has no associated ownership info
514 N School Ln has no associated ownership info.

Taxes

514 N School Ln has 10 associated Taxes items

514 N School Ln, 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 $297,600. The APN we've located for 514 N School Ln is 340-12205-0-0000.

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Taxes
  • Assessed Value:  $297,600
  • Assessed Year:  2026
  • Assessed County:  Lancaster
  • APN:  340-12205-0-0000
  • Assessed Land Value:  106800
  • Market Land Value:  106800
  • Tax Amount:  8707.75
  • Tax Year:  2025
  • Market Value:  297600
  • Market Year:  2026

Tax History

514 N School Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $297,600 Land Value $106,800 Improvement Value $190,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $8,707.75 Change Rate +0.014574% Assessed CR Tax Rate
Year 2024 Assessed Value $297,600 Land Value $106,800 Improvement Value $190,800 Tax Amount $8,582.67 Change Rate +0.08853% Assessed CR Tax Rate +0.02884%
Year 2023 Assessed Value $297,600 Land Value $106,800 Improvement Value $190,800 Tax Amount $7,884.64 Change Rate Assessed CR Tax Rate +0.026494%
Year 2022 Assessed Value $297,600 Land Value $106,800 Improvement Value $190,800 Tax Amount $7,884.64 Change Rate +0.014967% Assessed CR Tax Rate +0.026494%
Year 2021 Assessed Value $297,600 Land Value $106,800 Improvement Value $190,800 Tax Amount $7,768.37 Change Rate +0.015918% Assessed CR Tax Rate +0.026103%
Year 2020 Assessed Value $297,600 Land Value $106,800 Improvement Value $190,800 Tax Amount $7,646.65 Change Rate +5.724517% Assessed CR Tax Rate +0.025694%
Year 2019 Assessed Value $297,600 Land Value $106,800 Improvement Value $190,800 Tax Amount $1,137.13 Change Rate -0.807593% Assessed CR Tax Rate +0.003821%
Year 2018 Assessed Value $297,600 Land Value $106,800 Improvement Value $190,800 Tax Amount $5,910.02 Change Rate +4.396884% Assessed CR Tax Rate +0.019859%
Year 2017 Assessed Value $221,900 Land Value $80,500 Improvement Value $141,400 Tax Amount $1,095.08 Change Rate -0.846223% Assessed CR Tax Rate +0.004935%
Year 2016 Assessed Value $221,900 Land Value $80,500 Improvement Value $141,400 Tax Amount $7,121.21 Change Rate +6.402967% Assessed CR Tax Rate +0.032092%
Year 2015 Assessed Value $221,900 Land Value $80,500 Improvement Value $141,400 Tax Amount $961.94 Change Rate -0.824875% Assessed CR Tax Rate +0.004335%
Year 2014 Assessed Value $221,900 Land Value $80,500 Improvement Value $141,400 Tax Amount $5,492.88 Change Rate Assessed CR Tax Rate +0.024754%