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587 N School Ln; Lancaster, PA Property Details

587 N School Ln, Lancaster, PA is a Single Family that was built in 1935. This property is currently Financed,Bank Sale and is not for sale. Our records show that 587 N School Ln has 4 bedrooms, and 1.5 bathrooms, and a total of 2,265 square feet. The lot size of 587 N School Ln is 18,295 square feet.

Off market
587 N School Ln Lancaster, PA 17603
$320,600 Estimated Value
4 Beds
1.5 Baths
2,265 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1935
  • Purchase Price: $165,000
  • Open Loans / Balance: 1 / $46,905
  • Est. Equity / %: $668,095 / 93.44%
  • Gross Yield: 5.698%
  • APN: 340-69083-0-0000
  • Situs County: Lancaster
  • Length Of Ownership: 26 years, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 9
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 2,265/SqFt
  • Lot: 18,295/SqFt
  • Gross: 3,665/SqFt
  • Garage: 440/SqFt
  • Living: 2,265/SqFt
  • Basement: 800/SqFt
  • Building: 3,505/SqFt
  • Ground: 1,220/SqFt
  • Price Per Square Foot: $72.85

Legal Description

  • Description: 587 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: 40.047817 / -76.32777
  • Subdivision: School Lane Hills
  • Property Class: Residential
  • Zoning: R-1
  • County Use Code: 113

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2532
  • Bathroom Fixtures: 8
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

587 N School Ln has 10 associated Taxes items

587 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 $320,600. The APN we've located for 587 N School Ln is 340-69083-0-0000.

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Taxes
  • Assessed Value:  $320,600
  • Assessed Year:  2026
  • Assessed County:  Lancaster
  • APN:  340-69083-0-0000
  • Assessed Land Value:  104500
  • Market Land Value:  104500
  • Tax Amount:  9380.72
  • Tax Year:  2025
  • Market Value:  320600
  • Market Year:  2026

Tax History

587 N School Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $320,600 Land Value $104,500 Improvement Value $216,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $9,380.72 Change Rate +0.014573% Assessed CR Tax Rate
Year 2024 Assessed Value $320,600 Land Value $104,500 Improvement Value $216,100 Tax Amount $9,245.98 Change Rate +0.088529% Assessed CR Tax Rate +0.02884%
Year 2023 Assessed Value $320,600 Land Value $104,500 Improvement Value $216,100 Tax Amount $8,494.01 Change Rate Assessed CR Tax Rate +0.026494%
Year 2022 Assessed Value $320,600 Land Value $104,500 Improvement Value $216,100 Tax Amount $8,494.01 Change Rate +0.014968% Assessed CR Tax Rate +0.026494%
Year 2021 Assessed Value $320,600 Land Value $104,500 Improvement Value $216,100 Tax Amount $8,368.75 Change Rate +0.015918% Assessed CR Tax Rate +0.026103%
Year 2020 Assessed Value $320,600 Land Value $104,500 Improvement Value $216,100 Tax Amount $8,237.62 Change Rate +5.839718% Assessed CR Tax Rate +0.025694%
Year 2019 Assessed Value $315,200 Land Value $104,500 Improvement Value $210,700 Tax Amount $1,204.38 Change Rate -0.808384% Assessed CR Tax Rate +0.003821%
Year 2018 Assessed Value $315,200 Land Value $104,500 Improvement Value $210,700 Tax Amount $6,285.39 Change Rate +4.419701% Assessed CR Tax Rate +0.019941%
Year 2017 Assessed Value $235,000 Land Value $79,900 Improvement Value $155,100 Tax Amount $1,159.73 Change Rate -0.846223% Assessed CR Tax Rate +0.004935%
Year 2016 Assessed Value $235,000 Land Value $79,900 Improvement Value $155,100 Tax Amount $7,541.62 Change Rate +6.402963% Assessed CR Tax Rate +0.032092%
Year 2015 Assessed Value $235,000 Land Value $79,900 Improvement Value $155,100 Tax Amount $1,018.73 Change Rate -0.825631% Assessed CR Tax Rate +0.004335%
Year 2014 Assessed Value $235,000 Land Value $79,900 Improvement Value $155,100 Tax Amount $5,842.38 Change Rate Assessed CR Tax Rate +0.024861%