NOT LISTED FOR SALE

1102 Elk St Franklin, PA 16323

Estimated Value: $155,404 - $250,000

4 Beds
2 Baths
2,845 Sq Ft
$68/Sq Ft Est. Value

Last Sold July 23, 2019

Last sale price $130,000 $46 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,280/month

400 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Satellite Dish
  • Porch
  • Forced Air Heating System
  • Wood Siding

About This Home

As of July 2019

Pride of Ownership Shows through in this outstanding, completely redone, 2 unit (potentially 3 unit) Elk Street masterpiece. Character meets modern living at a great price: Currently a 2 unit, with minor changes it could be converted back to a single family home with up to 6 bedrooms. Or, with the addition of a bathroom on the third floor and minor changes to the duel stair cases it could become a 3 unit investment property. Original & exquisitely maintained woodwork & leaded glass show the late 1800's charm but the completely rewired 200 amp service, new windows, new insulation & twin metering make it efficient at today's standard. First floor is a 5 room, 1 BR, 1 BA unit. Second floor is a 5 room, 3 BR, 1 BA apartment. A single car detached garage, a small rear yard on the .12 acre lot and all appliances in both units complete this well positioned property! Easy access to RT 62, RT 322, RT 8, Riverfront Park, Venango Regional Airport and Downtown Franklin! Call to schedule a showing!

Last Agent to Sell the Property

Michael Wise

Coldwell Banker BURNS & BURNS License #RM425536 Listed on: 05/18/2018

Coldwell Banker BURNS & BURNS

Co-Listed By

Elsa Ortiz

Coldwell Banker BURNS & BURNS License #RS266321

Last Buyer's Agent

Dana Shawgo

Shawgo Real Estate LLC License #RM424170

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,840

Year Built

  • Built in 1900

Lot Details

  • 4,968 Sq Ft Lot
  • Lot Dimensions are 108 x 46
  • 10,110.080..000

Parking

  • 1 Parking Space

Home Design

  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,845 Sq Ft Home
  • Gas Fireplace
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • 200+ Amp Service
  • Natural Gas Connected
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 10,110.-080..-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $500
  • Water Sewer Expense $360
  • Operating Expense $860

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,840

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Lot Size: 108 x 46
  • Co List Office Mls Id: 5
  • Co List Office Phone: 814-226-6050
  • Directions: From VCCH take Elk Street South 2 blocks. Property is on Left.
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Gas Water Heater, Unit 1 Stove, Unit 2 Stove, Unit 1 Refrigerator, Unit 2 Refrigerator
  • Other Equipment: Satellite Dish
  • Has Basement: Full
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Wood, Hardwood, Laminate

Exterior Features

  • Construction Type: Frame, Wood Siding
  • Patio And Porch Features: Porch
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Cooling: Room
  • Cooling Y N: Yes
  • Heating: Forced Air, Other
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Cable Available
  • Water Source: Public

Fee Information

  • Annual Water Sewer Expense: 360

Schools

  • Junior High Dist: Franklin

Lot Info

  • Lot Size Sq Ft: 4968
  • Additional Parcels Description: 10,110.080..000
  • Additional Parcels: Yes
  • Zoning: R-2 Historic
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 500
  • Annual Operating Expense: 860
  • Total Actual Rent: 1200
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Tax Info

  • Tax Annual Amount: 2840.2
  • Tax Map Number: 10,110.-080..-000
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2018
Closed on
Jul 23, 2019
Sold by
Steele Karen R
Bought by
Clifford Zachary W and Clifford Andrea M
Seller's Agent
Michael Wise
Coldwell Banker BURNS & BURNS
Buyer's Agent
Dana Shawgo
Shawgo Real Estate LLC
List Price
$144,900
Sold Price
$130,000
Premium/Discount to List
-$14,900
-10.28%
Current Estimated Value
$193,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,351
Avg. Annual Appreciation
6.59%
Original Mortgage
$123,500
Outstanding Balance
$108,197
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$85,154

Purchase Details

Closed on
Nov 16, 2016
Sold by
Smith John H
Bought by
Steele Karen R

Purchase Details

Closed on
Mar 7, 2006
Sold by
Garmong Nancy J and Garmong Victor H
Bought by
Goodwin Paula R and Rennard Donald G
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
Clifford Zachary W $130,000 None Available
Steele Karen R -- None Available
Goodwin Paula R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clifford Zachary W $123,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2019 07/23/19 Sold $130,000 -10.3% $46 / Sq Ft
06/23/2019 06/23/19 Pending -- -- --
05/18/2018 05/18/18 For Sale $144,900 -- $51 / 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 $3,058 $80,580 $8,940 $71,640
2024 $2,856 $80,580 $8,940 $71,640
2023 $2,856 $80,580 $8,940 $71,640
2022 $2,856 $80,580 $8,940 $71,640
2021 $2,840 $80,580 $8,940 $71,640
2020 $2,840 $80,580 $8,940 $71,640
2019 $2,840 $80,580 $8,940 $71,640
2018 $2,840 $80,580 $8,940 $71,640
2017 -- $80,580 $8,940 $71,640
2016 $2,711 $80,580 $8,940 $71,640
2015 -- $80,580 $8,940 $71,640
2014 -- $80,580 $8,940 $71,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Allegheny Valley Board of REALTORS®

MLS Number: 151163

APN: 10-110-080-000