NOT LISTED FOR SALE

1048 Chestnut St Unit 1050 Franklin, PA 16323

Estimated Value: $56,000 - $145,000

4 Beds
2 Baths
1,728 Sq Ft
$52/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $42,500 $25 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $585/month

25 Days on Market

About This Home

As of March 2022

Amazing opportunity to pick up this package of investment properties in Franklin. 2 other SFR properties can also be added to the package at a later date. This one has tenants in both units on month to month tenancies so you have flexibility on rents and tenants remaining. These properties have provided income for many years, but owners are looking to wind down their rentals and retire. So here is your opportunity to enjoy your own passive income for life. Also see:161661 and 161662

Last Agent to Sell the Property

Jim Barbour

Keller Williams Realty License #AB068949 Listed on: 01/23/2022

Keller Williams Realty

Last Buyer's Agent

Sales Only! Non Mls/board

Xyz - Non Mls/Board Sales

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,273 Sq Ft Lot
  • Lot Dimensions are 60x99x59x98

Interior Spaces

  • 1,728 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 1011-112-50-00

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $800
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: Liberty to west on 11th to left on Chestnut to property on left.
  • Lot Size Acres: 0.0981
  • Road Surface Type: Paved
  • Co List Office Phone: (814) 833-9500
  • MLS Status: Closed
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Living Area: 1728.0
  • Year Built Details: Actual
  • Year Built: 1900
  • Tax Year: 2021
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Total Bedrooms: 4
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Mixed

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Insurance Expense: 800.0
  • Annual Water Sewer Expense: 1200.0

Schools

  • Junior High Dist: Franklin

Lot Info

  • Parcel Number: 1011-112-50-00
  • Lot Dimensions: 60x99x59x98
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1279.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2022
Closed on
Apr 1, 2022
Sold by
Eckel Julia K
Bought by
Kevin Brady Llc
Seller's Agent
Jim Barbour
Keller Williams Realty
Buyer's Agent
Sales Only! Non Mls/board
Xyz - Non Mls/Board Sales
List Price
$50,000
Sold Price
$42,500
Premium/Discount to List
-$7,500
-15%
Current Estimated Value
$89,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,585
Avg. Annual Appreciation
19.61%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kevin Brady Llc $42,500 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $42,500 -15.0% $25 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
01/23/2022 01/23/22 For Sale $50,000 -- $29 / Sq Ft
Source: Greater Erie 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 $1,376 $36,270 $6,880 $29,390
2024 $1,286 $36,270 $6,880 $29,390
2023 $1,286 $36,270 $6,880 $29,390
2022 $1,286 $36,270 $6,880 $29,390
2021 $1,278 $36,270 $6,880 $29,390
2020 $1,278 $36,270 $6,880 $29,390
2019 $1,278 $36,270 $6,880 $29,390
2018 $1,278 $36,270 $6,880 $29,390
2017 -- $36,270 $6,880 $29,390
2016 $1,220 $36,270 $6,880 $29,390
2015 -- $36,270 $6,880 $29,390
2014 -- $36,270 $6,880 $29,390
Source: Public Records

Agents Affiliated with this Home

  • Jim Barbour

    Seller's Agent in 2022

    Jim Barbour

    Keller Williams Realty

    4 in this area

    86 Total Sales

    Jim Barbour
    Section Image

  • S

    Buyer's Agent in 2022

    Sales Only! Non Mls/board

    Xyz - Non Mls/Board Sales

    (814) 459-7070

    13 in this area

    563 Total Sales

    Sales Only! Non Mls/board
    Section Image
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Map

Source: Greater Erie Board of REALTORS®

MLS Number: 161664

Greater Erie Board of REALTORS®

APN: 10-111-122-000

Pennsylvania Venango County Franklin 16323

1048 Chestnut St Unit 1050, Franklin, PA

This home is located at 1048 Chestnut St Unit 1050, Franklin, PA 16323 since 23 January 2022 and is currently estimated at $89,085, approximately $51 per square foot. This property was built in 1900. 1048 Chestnut St Unit 1050 is a home located in Venango County with nearby schools including Franklin Area High School, Franklin School - Age Child Development Center, and St Patrick Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Erie Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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