NOT LISTED FOR SALE

1016 Main St Akron, PA 17501

Estimated Value: $283,000 - $390,000

Studio
2 Baths
2,088 Sq Ft
$159/Sq Ft Est. Value

Last Sold October 27, 2017

Last sale price $183,000 $88 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,151/month

33 Days on Market

Highlights

  • No HOA
  • Parking Storage or Cabinetry
  • Baseboard Heating
  • Window Unit Cooling System

About This Home

As of October 2017

Excellent 2 Unit in Akron with spacious until and updated systems, replacement windows. Tenants pay utilities, including water & electric for washers & dryers. Garage rented for $60/month.

Last Agent to Sell the Property

Larry Burkholder

(717) 733-2600 carl@unruhrealty.com Unruh Realty, Inc. Listed on: 08/31/2017

Last Buyer's Agent

Larry Burkholder

(717) 733-2600 carl@unruhrealty.com Unruh Realty, Inc. Listed on: 08/31/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,848

Year Built

  • Built in 1910

Lot Details

  • 6,098

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof
  • Rubber Roof
  • Aluminum Siding

Attic

  • Storage In Attic

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump
  • Basement Storage

Parking

  • Garage
  • Parking Storage or Cabinetry
  • Off-Street Parking

Schools

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

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Washer and Dryer Hookup
  • 6,098 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for heat, hot water, sewer, trash removal, electricity, water
  • Assessor Parcel Number 02-07398600000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Akron Borough Subdivision

Building Details

  • Income includes apartment rentals
  • Electric Expense $360
  • Insurance Expense $1,082
  • Maintenance Expense $900
  • Operating Expense $2,342
  • Net Operating Income $11,330

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,848

Year Built

Built in 1910

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Storage: Attic, Basement, Garage
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Sump Pump, Unfinished

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Construction Completed: No
  • Roof: Composite, Shingle, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Electric Expense: 360.00
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Type: Baseboard, Radiator, Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • Elementary School: AKRON
  • High School: EPHRATA
  • Middle Or Junior School: EPHRATA

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 37x155x37x151 m/l
  • Zoning: RESIDENTIAL
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Heat, Hot Water, Sewer, Trash Removal, Electricity, Water
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3976372
  • School Tax: 2938.59
  • Tax Annual Amount: 3847.79
  • Assessor Parcel Number: 02-07398600000
  • County Tax Payment Frequency: Annually

Multi Family

  • Gross Income: 17520.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 2342.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: EPHRATA AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2017
Closed on
Oct 27, 2017
Sold by
Wenger Curvin
Bought by
Zook Amos Z
Seller's Agent
Larry Burkholder
Unruh Realty, Inc.
Buyer's Agent
Larry Burkholder
Unruh Realty, Inc.
List Price
$192,500
Sold Price
$183,000
Premium/Discount to List
-$9,500
-4.94%
Current Estimated Value
$332,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,979
Avg. Annual Appreciation
7.38%

Purchase Details

Closed on
Oct 25, 2012
Sold by
Lausch Dale R and Dale R Lausch Revocable Living
Bought by
Wenger Curvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,675
Interest Rate
3.5%
Mortgage Type
New Conventional
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
Zook Amos Z $183,000 None Available
Wenger Curvin $152,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wenger Curvin $114,675
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2017 10/27/17 Sold $183,000 -4.9% $88 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
08/31/2017 08/31/17 For Sale $192,500 -- $92 / 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 $4,788 $191,300 $35,200 $156,100
2024 $4,788 $191,300 $35,200 $156,100
2023 $4,618 $191,300 $35,200 $156,100
2022 $4,521 $191,300 $35,200 $156,100
2021 $4,431 $191,300 $35,200 $156,100
2020 $4,431 $191,300 $35,200 $156,100
2019 $4,373 $191,300 $35,200 $156,100
2018 $3,243 $191,300 $35,200 $156,100
2017 $3,776 $140,200 $34,500 $105,700
2016 $3,776 $140,200 $34,500 $105,700
2015 $909 $140,200 $34,500 $105,700
2014 $2,748 $140,200 $34,500 $105,700
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Larry Burkholder

    Unruh Realty, Inc.

    (717) 682-8349

    7 Total Sales

    Larry Burkholder
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Map

Source: Bright MLS

MLS Number: 1002668701

Bright MLS

APN: 020-73986-0-0000

Pennsylvania Lancaster County Akron 17501

1016 Main St, Akron, PA

Not Listed for Sale

MultiFamily

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