NOT LISTED FOR SALE

121 E Chestnut St Ephrata, PA 17522

Estimated Value: $209,000 - $279,000

Studio
2 Baths
1,397 Sq Ft
$182/Sq Ft Est. Value

Last Sold January 30, 2020

Last sale price $121,000 $87 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,566/month

50 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Forced Air Heating System
  • Traditional Architecture
  • No HOA
  • Level Lot

About This Home

As of January 2020

Great chance for an investment property. Both units have long term tenants that would like to stay. Second floor unit has attached, second floor deck area. Rents have not been raised in quite a few years and could be increased, potentially by quite a bit.

Last Agent to Sell the Property

Christopher Beiler

(717) 569-8701 lynn@kingswayrealty.com Kingsway Realty - Lancaster License #RS330808 Listed on: 11/14/2019

Last Buyer's Agent

Kim Latshaw

(717) 256-3336 kim@focusrealtypa.com Focus Realty LLC License #RM424017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,681

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot
  • Back and Front Yard

Parking

  • On-Street Parking

Home Design

  • 1,397 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Wood
  • Partially Carpeted

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Electric Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • The owner pays for heater maintenance contract, sewer, sewer maintenance, water
  • Assessor Parcel Number 260-75348-0-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,681

Year Built

Built in 1900

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Second Floor Washer
  • Inclusions: Refrigerators, Stoves, Dryers, First Floor Washer
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood, Partially Carpeted
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1397
  • Living Area Sq Ft: 1397
  • Price Per Sq Ft: 96.64
  • Above Grade Finished Sq Ft: 1397
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Shingle
  • 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: 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 84500.00
  • Land Assessed Value: 37800.00
  • Lot Features: Front Yard, Level, Rear Yard
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: RESD HIGH DENSITY

Rental Info

  • Owner Pays: Heater Maintenance Contract, Sewer, Sewer Maintenance, Water
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4026384
  • School Tax: 2110.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2681.00
  • Assessor Parcel Number: 260-75348-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

Multi Family

  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: EPHRATA AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2019
Closed on
Jan 30, 2020
Sold by
Lapp Eli K and Lapp Rebecca M
Bought by
Jazzy Enterprises Llc
Seller's Agent
Christopher Beiler
Kingsway Realty - Lancaster
Buyer's Agent
Kim Latshaw
Focus Realty LLC
List Price
$135,000
Sold Price
$121,000
Premium/Discount to List
-$14,000
-10.37%
Current Estimated Value
$254,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,163
Avg. Annual Appreciation
12.85%

Purchase Details

Closed on
Sep 26, 2014
Sold by
Baxter Theodore R and Baxter Susan G
Bought by
Lapp Eli K and Lapp Rebecca M

Purchase Details

Closed on
Jun 29, 1999
Sold by
Baxter Theodore R and Baxter G S
Bought by
Baxter Theodore R and Baxter Susan G
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
Jazzy Enterprises Llc $121,000 Regal Abstract Lp
Lapp Eli K $115,000 None Available
Baxter Theodore R -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2020 01/30/20 Sold $121,000 -10.4% $87 / Sq Ft
01/03/2020 01/03/20 Pending -- -- --
11/14/2019 11/14/19 For Sale $135,000 -- $97 / 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 $2,933 $122,300 $37,800 $84,500
2024 $2,933 $122,300 $37,800 $84,500
2023 $2,861 $122,300 $37,800 $84,500
2022 $2,739 $122,300 $37,800 $84,500
2021 $2,681 $122,300 $37,800 $84,500
2020 $2,681 $122,300 $37,800 $84,500
2019 $2,645 $122,300 $37,800 $84,500
2018 $2,073 $122,300 $37,800 $84,500
2017 $2,686 $101,500 $27,400 $74,100
2016 $2,665 $101,500 $27,400 $74,100
2015 $589 $101,500 $27,400 $74,100
2014 $1,989 $101,500 $27,400 $74,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA143556

Bright MLS

APN: 260-75348-0-0000

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