NOT LISTED FOR SALE

113 E Chestnut St Ephrata, PA 17522

Estimated Value: $246,000 - $304,000

-- Bed
2 Baths
2,080 Sq Ft
$133/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $205,000 $99 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,713/month

3 Days on Market

About This Home

As of May 2023

Attention All Investors!

This Duplex property offers a unique investment opportunity with two separate units, each side featuring two bedrooms and one bathroom. Currently both units are occupied by tenants paying $600 and $725 on Monthly leases. One unit will be vacant by end of march. While the property is in need of repairs and renovations, it offers potential for both long-term rental income or a spacious, multi-generational living arrangement. While the property is being sold "as is," the blank slate offers an opportunity for customization and personalization.

Last Agent to Sell the Property

Yelena Pidgorodetskiy

Elite Real Estate Professionals Listed on: 03/30/2023

Last Buyer's Agent

Caitlyn Forbes

Berkshire Hathaway HomeServices Homesale Realty License #RS343491

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,316

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 2,080 Sq Ft Home
  • Duplex
  • Frame Construction
  • Composition Roof
  • Metal Siding

Utilities

  • Heating System Uses Oil
  • 100 Amp Service

Community Details

  • 2 Units
  • 1 Vacant Unit

Listing and Financial Details

  • The owner pays for water, sewer
  • Assessor Parcel Number 260-70515-0-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,316

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2023-03-30
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Attention All Investors! This Duplex property offers a unique investment opportunity with two separate units, each side featuring two bedrooms and one bathroom. Currently both units are occupied by tenants paying $600 and $725 on Monthly leases. One unit will be vacant by end of march. While the property is in need of repairs and renovations, it offers potential for both long-term rental income or a spacious, multi-generational living arrangement. While the property is being sold "as is," the blank slate offers an opportunity for customization and personalization.
  • Special Features: None

Interior Features

  • Foundation Details: Other
  • Total Sq Ft: 2080
  • Living Area Sq Ft: 2080
  • Price Per Sq Ft: 100.91
  • Above Grade Finished Sq Ft: 2080
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 113-115

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Metal Siding
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: EPHRATA AREA
  • School District Key: 300200397381
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 105400.00
  • Land Assessed Value: 36400.00
  • Land Use Code: 114
  • Lot Size Acres: 0.08
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3485.00
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 1
  • Owner Pays: Water, Sewer
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4026121
  • School Tax: 2585.00
  • Tax Annual Amount: 3316.00
  • Assessor Parcel Number: 260-70515-0-0000
  • Tax Total Finished Sq Ft: 2080
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/08/2023

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: EPHRATA AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
May 8, 2023
Sold by
Select Home Buyers Llc
Bought by
Stoltzfus Home Improvement Llc
Seller's Agent
Yelena Pidgorodetskiy
Elite Real Estate Professionals
Buyer's Agent
Caitlyn Forbes
Berkshire Hathaway HomeServices Homesale Realty
List Price
$209,900
Sold Price
$205,000
Premium/Discount to List
-$4,900
-2.33%
Views
96
Current Estimated Value
$262,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,517
Avg. Annual Appreciation
14.12%

Purchase Details

Closed on
Jan 31, 2023
Sold by
Dale L High And Pauline S High Revocable
Bought by
Select Home Buyers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000
Interest Rate
6.27%
Mortgage Type
New Conventional
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
Stoltzfus Home Improvement Llc $205,000 Homesale Settlement Services
Select Home Buyers Llc $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Select Home Buyers Llc $3,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $205,000 -2.3% $99 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $209,900 -- $101 / Sq Ft
Source: Bright MLS

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
2024 $3,401 $141,800 $36,400 $105,400
2023 $3,317 $141,800 $36,400 $105,400
2022 $3,175 $141,800 $36,400 $105,400
2021 $3,109 $141,800 $36,400 $105,400
2020 $3,109 $141,800 $36,400 $105,400
2019 $3,066 $141,800 $36,400 $105,400
2018 $2,404 $141,800 $36,400 $105,400
2017 $2,842 $107,400 $30,200 $77,200
2016 $2,820 $107,400 $30,200 $77,200
2015 $623 $107,400 $30,200 $77,200
2014 $2,105 $107,400 $30,200 $77,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2032540

Bright MLS

APN: 260-70515-0-0000