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701 Franklin St

Lancaster, PA 17602

5 bd 2 ba 2,040 sqft Built 1924 Lot 3,485 sqft single_family
Most recent sale
$270,000
Oct 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 28, 2022 Sold $270,000 BrightMLS
Sep 14, 2022 Price changed $270,000 BrightMLS
Sep 5, 2022 Listed $260,000 BrightMLS
Aug 31, 2015 Sold $143,100 BrightMLS
Jul 8, 2015 Listed $145,000 BrightMLS
Jul 8, 2015 Listing removed $145,000 Keystone
Dec 7, 2001 Sold $98,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $120,700 $25,500 $146,200 $6,040
2025 $120,700 $25,500 $146,200 $5,846
2024 $120,700 $25,500 $146,200 $5,785
2023 $120,700 $25,500 $146,200 $5,687
2022 $120,700 $25,500 $146,200 $5,450
2021 $120,700 $25,500 $146,200 $5,334
2020 $120,700 $25,500 $146,200 $5,334
2019 $120,700 $25,500 $146,200 $5,254
2018 $120,700 $25,500 $146,200 $6,121
2017 $92,700 $18,700 $111,400 $5,116
2016 $92,700 $18,700 $111,400 $5,009
2015 $92,700 $18,700 $111,400 $4,949
2014 $92,700 $18,700 $111,400 $4,756
2013 $92,700 $18,700 $111,400 $4,686
2012 $92,700 $18,700 $111,400 $4,539
2011 $92,700 $18,700 $111,400 $4,473
2010 $92,700 $18,700 $111,400 $4,312
2009 $92,700 $18,700 $111,400 $4,045
2008 $92,700 $18,700 $111,400 $3,906

Property facts

Year built
1924
Property type
single_family
Stories
3
Beds
5
Baths
2
Living area
2,040 sqft
Lot size
3,485 sqft
ZIP code
17602
City
Lancaster
Street
Franklin St
Coordinates
40.04955, -76.29495

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
$3,060
Gross rental yield
13.60%
Implied cap rate
8.84%
Trend-extrapolated value

Frequently asked questions

When did 701 Franklin St last sell?
701 Franklin St most recently sold on Oct 28, 2022 for $270,000.
What is the current tax assessment for 701 Franklin St?
The most recent total assessment for 701 Franklin St (year 2026) is $146,200 with $6,040 in property tax.
How does 701 Franklin St's assessment compare to its last sale price?
The current assessment is 45.9% below the last sale price of $270,000.
When was 701 Franklin St built?
701 Franklin St was built in 1924.
How does 701 Franklin St compare to others on Franklin St?
We track 8 other properties on Franklin St. Browse the list under "Other properties on Franklin St" to compare beds, baths, and sale history.
What are the property facts for 701 Franklin St?
701 Franklin St is a 5 bed, 2 bath, 2,040 sqft, 3,485 sqft lot single_family.
Is 701 Franklin St a flip candidate?
No — 701 Franklin St does not appear in our flips dataset.
Is 701 Franklin St a tax-appeal candidate?
No — 701 Franklin St 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
-3.5%
Implied 1-yr
-13.9%
2026 Q3
$268.4K
2026 Q4
$256.7K
ZIP 17602 — Median Price History + Forecast

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