42 Water St
Lancaster, PA 17603
3 bd 1 ba 1,175 sqft Built 1888 Lot 1,307 sqft townhomes
Most recent sale
$219,900
Oct 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 19, 2022 | Sold | $219,900 | MLS #PALA2024174 |
| Aug 27, 2022 | Listed | $219,900 | MLS #PALA2024174 |
| Feb 26, 2021 | Sold | $200,100 | MLS #PALA175850 |
| Jan 11, 2021 | Listed | $194,900 | MLS #PALA175850 |
| Aug 30, 2020 | Sold | $89,000 | MLS #PALA166564 |
| Aug 12, 2020 | Price changed | $95,000 | MLS #PALA166564 |
| Jul 28, 2020 | Price changed | $99,000 | MLS #PALA166564 |
| Jul 14, 2020 | Listed | $100,000 | MLS #PALA166564 |
| Jul 31, 2018 | Sold | $82,000 | Public Record |
| Aug 8, 2010 | Price changed | $47,500 | MLS #166475 |
| Jun 22, 2010 | Listed | $49,900 | MLS #166475 |
| May 4, 2010 | Price changed | $49,900 | MLS #157183 |
| Nov 16, 2009 | Listed | $55,000 | MLS #157183 |
| Aug 1, 2009 | Price changed | $62,900 | MLS #145381 |
| Feb 21, 2009 | Listed | $65,000 | MLS #145381 |
| Feb 1, 2002 | Sold | $30,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $47,600 | $6,700 | $54,300 | $2,243 |
| 2025 | $47,600 | $6,700 | $54,300 | $2,171 |
| 2024 | $47,600 | $6,700 | $54,300 | $2,148 |
| 2023 | $47,600 | $6,700 | $54,300 | $2,112 |
| 2022 | $47,600 | $6,700 | $54,300 | $2,025 |
| 2021 | $36,300 | $6,700 | $43,000 | $1,569 |
| 2020 | $36,300 | $6,700 | $43,000 | $1,569 |
| 2019 | $36,300 | $6,700 | $43,000 | $1,545 |
| 2018 | $36,300 | $6,700 | $43,000 | $1,800 |
| 2017 | $30,000 | $5,600 | $35,600 | $1,635 |
| 2016 | $30,000 | $5,600 | $35,600 | $1,601 |
| 2015 | $30,000 | $5,600 | $35,600 | $1,582 |
| 2014 | $30,000 | $5,600 | $35,600 | $1,520 |
| 2013 | $30,000 | $5,600 | $35,600 | $1,498 |
| 2012 | $30,000 | $5,600 | $35,600 | $1,451 |
| 2011 | $30,000 | $5,600 | $35,600 | $1,429 |
| 2010 | $30,000 | $5,600 | $35,600 | $1,378 |
| 2009 | $30,000 | $5,600 | $35,600 | $1,293 |
| 2008 | $30,000 | $5,600 | $35,600 | $1,248 |
Property facts
Year built
1888
Property type
townhomes
Stories
2
Beds
3
Baths
1
Living area
1,175 sqft
Lot size
1,307 sqft
ZIP code
17603
City
Lancaster
Street
Water St
Coordinates
40.03639, -76.30848
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,763
Gross rental yield
9.62%
Implied cap rate
6.25%
Trend-extrapolated value
—
Frequently asked questions
When did 42 Water St last sell?
42 Water St most recently sold on Oct 19, 2022 for $219,900.
What is the current tax assessment for 42 Water St?
The most recent total assessment for 42 Water St (year 2026) is $54,300 with $2,243 in property tax.
How does 42 Water St's assessment compare to its last sale price?
The current assessment is 75.3% below the last sale price of $219,900.
When was 42 Water St built?
42 Water St was built in 1888.
How does 42 Water St compare to others on Water St?
We track 8 other properties on Water St. Browse the list under "Other properties on Water St" to compare beds, baths, and sale history.
What are the property facts for 42 Water St?
42 Water St is a 3 bed, 1 bath, 1,175 sqft, 1,307 sqft lot townhomes.
Is 42 Water St a flip candidate?
Yes — 42 Water St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 42 Water St a tax-appeal candidate?
No — 42 Water St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.9%
Implied 1-yr
+7.6%
2026 Q3
$419.3K
2026 Q4
$426.4K
ZIP 17603 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Water St