NOT LISTED FOR SALE

1040 Elk St Franklin, PA 16323

Estimated Value: $258,000 - $281,042

4 Beds
2.5 Baths
3,426 Sq Ft
$79/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $257,000 $75 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,660/month

48 Days on Market

Highlights

  • River Front
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 0.86 Acre Lot
  • Porch
  • 4-minute walk to Buffalo St Playground

About This Home

As of March 2024

Starting with the interior dcor and magnificent woodwork throughout from the main level to the third floor, this Elk Street location, with the lot backing to Frenchcreek and includes a small servant's house for relatives or a rental, has great presentation and room proportions. The home presently includes an office, many built-in cabinets, room count of 11/4/2.5, 3,426 square feet, and enclosed sunporch. This is a great home and is conveniently located in downtown Franklin.

Last Agent to Sell the Property

Richard Beith

Beith Associates Brokerage Phone: 8144373053 Listed on: 01/15/2024

Last Buyer's Agent

Dave McCullough

1st Rate Realty, LLC License #RS362014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,477

Year Built

  • Built in 1877

Lot Details

  • 0.86 Acre Lot
  • River Front
  • 10,110.145..000/02
  • Property is zoned R-2

Home Design

  • Frame Construction
  • Slate Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,426 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Water Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 10,110.-145..-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,477

Year Built

Built in 1877

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.86
  • Directions: From the rear of the VCCH, south on Elk Street two blocks, house on left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1877
  • Attribution Contact: 8144373053
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Disposal, Range, Refrigerator
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood

Exterior Features

  • View: Water
  • View: Yes
  • Waterfront Features: River Front, Waterfront
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Other Structures: Yes
  • Patio And Porch Features: Porch
  • Roof: Composition, Slate

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Water Source: Public

Schools

  • Junior High Dist: Franklin

Lot Info

  • Lot Size Sq Ft: 37461.6
  • Additional Parcels Description: 10,110.145..000/02
  • Additional Parcels: Yes
  • Zoning: R-2

Tax Info

  • Tax Annual Amount: 2477
  • Tax Map Number: 10,110.-145..-000
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2010
Sold by
Northwest Savings Bank
Bought by
Lackatos John C and Lackatos Cathy
Current Estimated Value
$270,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
3.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 16, 2009
Sold by
Sheatz Duane E
Bought by
Northwest Savings Bank

Purchase Details

Closed on
Mar 28, 2008
Sold by
Sheatz Duane E and Sheatz Wendy L
Bought by
Sheatz Duane E
Source: Public Records

Range of Values:

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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
Lackatos John C $140,000 None Available
Northwest Savings Bank -- None Available
Sheatz Duane E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lackatos John C $21,000
Previous Owner Lackatos John C $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2024 03/08/24 Sold $257,000 -7.9% $75 / Sq Ft
01/19/2024 01/19/24 For Sale $279,000 -- $81 / Sq Ft
Source: Allegheny Valley Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $2,651 $69,870 $20,000 $49,870
2024 $2,477 $69,870 $20,000 $49,870
2023 $2,477 $69,870 $20,000 $49,870
2022 $2,477 $69,870 $20,000 $49,870
2021 $2,463 $69,870 $20,000 $49,870
2020 $2,463 $69,870 $20,000 $49,870
2019 $2,463 $69,870 $20,000 $49,870
2018 $2,463 $69,870 $20,000 $49,870
2017 -- $69,870 $20,000 $49,870
2016 $2,350 $69,870 $20,000 $49,870
2015 -- $69,870 $20,000 $49,870
2014 -- $69,870 $20,000 $49,870
Source: Public Records

Agents Affiliated with this Home

  • Richard Beith

    Seller's Agent in 2024

    Richard Beith

    Beith Associates

    (814) 671-1266

    47 in this area

    66 Total Sales

    Richard Beith
    Section Image
  • Dave McCullough

    Buyer's Agent in 2024

    Dave McCullough

    1st Rate Realty, LLC

    (814) 657-2209

    31 in this area

    189 Total Sales

    Dave McCullough
    Section Image
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Map

Source: Allegheny Valley Board of REALTORS®

MLS Number: 158776

APN: 10-110-145-000

Pennsylvania Venango County Franklin 16323

1040 Elk St, Franklin, PA

This home is located at 1040 Elk St, Franklin, PA 16323 since 15 January 2024 and is currently estimated at $270,261, approximately $78 per square foot. This property was built in 1877. 1040 Elk St is a home located in Venango County with nearby schools including Franklin Area High School, St Patrick Elementary School, and Franklin School - Age Child Development Center.

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