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1440 Drake Ln

Lancaster, PA 17601

3 bd 4 ba 3,884 sqft Built 2006 Lot 4,792 sqft townhomes
Most recent sale
$600,000
Aug 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 8, 2022 Listed $559,900 MLS #PALA2014708
Aug 8, 2022 Sold $600,000 Public Record
Aug 5, 2022 Sold $600,000 MLS #PALA2014708
Mar 24, 2022 Listed $559,900 MLS #PALA2014708
Oct 24, 2012 Sold $401,000 Public Record
Aug 24, 2012 Listing removed $419,900 Keystone
Aug 16, 2012 Listed $419,900 MLS #196953
Jun 5, 2006 Sold $399,900 Public Record
Apr 25, 2005 Sold $55,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $326,700 $77,100 $403,800 $9,613
2025 $326,700 $77,100 $403,800 $8,976
2024 $326,700 $77,100 $403,800 $8,726
2023 $326,700 $77,100 $403,800 $8,552
2022 $326,700 $77,100 $403,800 $8,316
2021 $326,700 $77,100 $403,800 $8,184
2020 $326,700 $77,100 $403,800 $8,184
2019 $326,700 $77,100 $403,800 $8,045
2018 $326,700 $77,100 $403,800 $9,790
2017 $294,300 $48,300 $342,600 $8,626
2016 $294,300 $48,300 $342,600 $8,464
2015 $294,300 $48,300 $342,600 $8,398
2014 $294,300 $48,300 $342,600 $8,242
2013 $294,300 $48,300 $342,600 $8,114
2012 $294,300 $48,300 $342,600 $8,005
2011 $294,300 $48,300 $342,600 $7,880
2010 $294,300 $48,300 $342,600 $7,579
2009 $294,300 $48,300 $342,600 $7,579
2008 $294,300 $48,300 $342,600 $7,405

Property facts

Year built
2006
Property type
townhomes
Stories
2
Beds
3
Baths
4
Living area
3,884 sqft
Lot size
4,792 sqft
ZIP code
17601
City
Lancaster
Street
Drake Ln
Coordinates
40.06994, -76.36631

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,826
Gross rental yield
11.65%
Implied cap rate
7.57%
Trend-extrapolated value

Frequently asked questions

When did 1440 Drake Ln last sell?
1440 Drake Ln most recently sold on Aug 8, 2022 for $600,000.
What is the current tax assessment for 1440 Drake Ln?
The most recent total assessment for 1440 Drake Ln (year 2026) is $403,800 with $9,613 in property tax.
How does 1440 Drake Ln's assessment compare to its last sale price?
The current assessment is 32.7% below the last sale price of $600,000.
When was 1440 Drake Ln built?
1440 Drake Ln was built in 2006.
How does 1440 Drake Ln compare to others on Drake Ln?
We track 8 other properties on Drake Ln. Browse the list under "Other properties on Drake Ln" to compare beds, baths, and sale history.
What are the property facts for 1440 Drake Ln?
1440 Drake Ln is a 3 bed, 4 bath, 3,884 sqft, 4,792 sqft lot townhomes.
Is 1440 Drake Ln a flip candidate?
No — 1440 Drake Ln does not appear in our flips dataset.
Is 1440 Drake Ln a tax-appeal candidate?
No — 1440 Drake Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.5%
Implied 1-yr
-10.1%
2026 Q3
$402.5K
2026 Q4
$402.5K
ZIP 17601 — Median Price History + Forecast

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