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987 Hermosa Ave

Lancaster, PA 17601

3 bd 1 ba 1,050 sqft Built 1967 Lot 16,553 sqft single_family
Most recent sale
$280,000
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 30, 2022 Sold $280,000 MLS #PALA2018078
May 16, 2022 Price changed $280,000 MLS #PALA2018078
May 12, 2022 Listed $237,500 MLS #PALA2018078

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $97,600 $60,000 $157,600 $3,751
2025 $97,600 $60,000 $157,600 $3,503
2024 $97,600 $60,000 $157,600 $3,405
2023 $97,600 $60,000 $157,600 $3,337
2022 $97,600 $60,000 $157,600 $3,246
2021 $97,600 $60,000 $157,600 $3,194
2020 $97,600 $60,000 $157,600 $3,194
2019 $97,600 $60,000 $157,600 $3,140
2018 $97,600 $60,000 $157,600 $3,821
2017 $85,900 $41,300 $127,200 $3,202
2016 $85,900 $41,300 $127,200 $3,142
2015 $85,900 $41,300 $127,200 $3,118
2014 $85,900 $41,300 $127,200 $3,060
2013 $85,900 $41,300 $127,200 $3,012
2012 $85,900 $41,300 $127,200 $2,972
2011 $85,900 $41,300 $127,200 $2,925
2010 $85,900 $41,300 $127,200 $2,814
2009 $85,900 $41,300 $127,200 $2,814
2008 $85,900 $41,300 $127,200 $2,749

Property facts

Year built
1967
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,050 sqft
Lot size
16,553 sqft
ZIP code
17601
City
Lancaster
Street
Hermosa Ave
Coordinates
40.07370, -76.39948

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,575
Gross rental yield
6.75%
Implied cap rate
4.39%
Trend-extrapolated value

Frequently asked questions

When did 987 Hermosa Ave last sell?
987 Hermosa Ave most recently sold on Jun 30, 2022 for $280,000.
What is the current tax assessment for 987 Hermosa Ave?
The most recent total assessment for 987 Hermosa Ave (year 2026) is $157,600 with $3,751 in property tax.
How does 987 Hermosa Ave's assessment compare to its last sale price?
The current assessment is 43.7% below the last sale price of $280,000.
When was 987 Hermosa Ave built?
987 Hermosa Ave was built in 1967.
How does 987 Hermosa Ave compare to others on Hermosa Ave?
We track 8 other properties on Hermosa Ave. Browse the list under "Other properties on Hermosa Ave" to compare beds, baths, and sale history.
What are the property facts for 987 Hermosa Ave?
987 Hermosa Ave is a 3 bed, 1 bath, 1,050 sqft, 16,553 sqft lot single_family.
Is 987 Hermosa Ave a flip candidate?
No — 987 Hermosa Ave does not appear in our flips dataset.
Is 987 Hermosa Ave a tax-appeal candidate?
No — 987 Hermosa Ave 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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