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248 Reservoir St

Lancaster, PA 17602

4 bd 2 ba 1,608 sqft Built 1900 Lot 1,307 sqft townhomes
Most recent sale
$225,000
Apr 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2022 Sold $225,000 MLS #PALA2014588
Mar 4, 2022 Listed $225,000 MLS #PALA2014588
Sep 16, 2021 Sold $105,000 Public Record
Oct 2, 2002 Sold $66,700 Public Record
Jun 12, 1997 Sold $65,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $74,300 $17,100 $91,400 $3,776
2025 $74,300 $17,100 $91,400 $3,655
2024 $74,300 $17,100 $91,400 $3,616
2023 $74,300 $17,100 $91,400 $3,555
2022 $74,300 $17,100 $91,400 $3,408
2021 $74,300 $17,100 $91,400 $3,334
2020 $74,300 $17,100 $91,400 $3,334
2019 $74,300 $17,100 $91,400 $3,284
2018 $74,300 $17,100 $91,400 $3,826
2017 $55,900 $14,200 $70,100 $3,219
2016 $55,900 $14,200 $70,100 $3,152
2015 $55,900 $14,200 $70,100 $3,114
2014 $55,900 $14,200 $70,100 $2,993
2013 $55,900 $14,200 $70,100 $2,948
2012 $55,900 $14,200 $70,100 $2,856
2011 $55,900 $14,200 $70,100 $2,814
2010 $55,900 $14,200 $70,100 $2,713
2009 $55,900 $14,200 $70,100 $2,545
2008 $55,900 $14,200 $70,100 $2,458

Property facts

Year built
1900
Property type
townhomes
Stories
3
Beds
4
Baths
2
Living area
1,608 sqft
Lot size
1,307 sqft
ZIP code
17602
City
Lancaster
Street
Reservoir St
Coordinates
40.04411, -76.29041

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
$2,412
Gross rental yield
12.86%
Implied cap rate
8.36%
Trend-extrapolated value

Frequently asked questions

When did 248 Reservoir St last sell?
248 Reservoir St most recently sold on Apr 15, 2022 for $225,000.
What is the current tax assessment for 248 Reservoir St?
The most recent total assessment for 248 Reservoir St (year 2026) is $91,400 with $3,776 in property tax.
How does 248 Reservoir St's assessment compare to its last sale price?
The current assessment is 59.4% below the last sale price of $225,000.
When was 248 Reservoir St built?
248 Reservoir St was built in 1900.
How does 248 Reservoir St compare to others on Reservoir St?
We track 8 other properties on Reservoir St. Browse the list under "Other properties on Reservoir St" to compare beds, baths, and sale history.
What are the property facts for 248 Reservoir St?
248 Reservoir St is a 4 bed, 2 bath, 1,608 sqft, 1,307 sqft lot townhomes.
Is 248 Reservoir St a flip candidate?
Yes — 248 Reservoir St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 248 Reservoir St a tax-appeal candidate?
No — 248 Reservoir 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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