NOT LISTED FOR SALE

1002 Main St Akron, PA 17501

Estimated Value: $285,000 - $340,000

Studio
2 Baths
1,969 Sq Ft
$157/Sq Ft Est. Value

Last Sold May 23, 2018

Last sale price $189,900 $96 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,989/month

2 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • Patio
  • No HOA
  • Oversized Parking
  • Forced Air Heating System

About This Home

As of May 2018

Great investment opportunity in Akron! 2-unit building with a detached over-sized 2 car garage with partial 3rd bay and 2nd floor storage. Good condition. ALL utilities are separate and paid by the tenant. Separate furnaces and water heaters as well. Both units have washer and dryer hook ups. Replacement windows and a maintenance free exterior!

Last Agent to Sell the Property

Kevin Kohl

(717) 733-4158 kevin@hauensteinagency.com Hauenstein Agency, Inc. Listed on: 04/17/2018

Co-Listed By

Marsha Doom

(717) 733-4158 kevin@hauensteinagency.com Hauenstein Agency, Inc.

Last Buyer's Agent

Erin Perigo

(717) 569-2222 sales@rmxpinnacle.com RE/MAX Pinnacle License #RS308919

RE/MAX Pinnacle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,329

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,969 Sq Ft Home
  • Replacement Windows
  • Partial Basement

Outdoor Features

  • Patio

Schools

  • Akron Elementary School
  • Ephrata Middle School
  • Ephrata High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • 60 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 020-59810-0-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals, parking
  • Insurance Expense $1,193
  • Maintenance Expense $1,059
  • Manager Expense $1,075
  • Net Operating Income $13,053

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,329

Year Built

Built in 1900

Lot Details

6,970 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: 2 Refrigerators, 2 Oven/Ranges, 1 Washer, 1 Dryer
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Stories: 0

Interior Features

  • Window Features: Replacement
  • Basement Type: Partial
  • Total Sq Ft: 1969
  • Living Area Sq Ft: 1969
  • Price Per Sq Ft: 96.44
  • Above Grade Finished Sq Ft: 1969
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Side Entry, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service, 60 Amp Service
  • Heating Fuel: Oil
  • Heating Type: Baseboard, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Professional Management Expense: 1075.00

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: AKRON
  • High School: EPHRATA
  • Middle Or Junior School: EPHRATA

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 134700.00
  • Land Assessed Value: 36900.00
  • Lot Size Acres: 0.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: RESIDENTIAL

Rental Info

  • Number Of Units Month To Month: 1
  • Owner Pays: None
  • Total Actual Rent: 1365.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3976170
  • School Tax: 2542.00
  • Tax Annual Amount: 3329.00
  • Assessor Parcel Number: 020-59810-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Multi Family

  • Gross Income: 16380.00
  • Income Includes: Apartment Rentals, Parking
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: EPHRATA AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2018
Closed on
May 23, 2018
Sold by
Ryeval Properties Llc
Bought by
Brubaker Matthew G and Brubaker Rachel E
Seller's Agent
Kevin Kohl
Hauenstein Agency, Inc.
Buyer's Agent
Erin Perigo
RE/MAX Pinnacle
List Price
$189,900
Sold Price
$189,900
Current Estimated Value
$310,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,133
Avg. Annual Appreciation
6.45%
Original Mortgage
$142,425
Outstanding Balance
$122,914
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$187,119

Purchase Details

Closed on
Aug 1, 2016
Sold by
Putt Charlotte M
Bought by
Ryeval Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brubaker Matthew G $189,900 None Available
Ryeval Properties Llc $156,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brubaker Matthew G $142,425
Previous Owner Ryeval Properties Llc $124,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2018 05/23/18 Sold $189,900 0.0% $96 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
04/17/2018 04/17/18 For Sale $189,900 -- $96 / Sq Ft
Source: Bright MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,295 $171,600 $36,900 $134,700
2024 $4,295 $171,600 $36,900 $134,700
2023 $4,143 $171,600 $36,900 $134,700
2022 $4,055 $171,600 $36,900 $134,700
2021 $3,974 $171,600 $36,900 $134,700
2020 $3,974 $171,600 $36,900 $134,700
2019 $3,923 $171,600 $36,900 $134,700
2018 $2,909 $171,600 $36,900 $134,700
2017 $3,267 $121,300 $40,100 $81,200
2016 $3,267 $121,300 $40,100 $81,200
2015 $787 $121,300 $40,100 $81,200
2014 $2,377 $121,300 $40,100 $81,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000408556

Bright MLS

APN: 020-59810-0-0000

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