C
Seller's Agent in 2023
Curvin Horning
Kingsway Realty - Ephrata
(717) 606-2226
6 in this area
350 Total Sales
14 Ream Rd Stevens, PA 17578
Estimated Value: $388,000 - $423,000
--
Bed
3
Baths
3,500
Sq Ft
$117/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Bank Barn
- Electric Baseboard Heater
About This Home
As of June 2023AUCTION DATE - Monday, April 3, 2023 at 4 pm - LISTED PRICE IS AN OPENING BID ONLY AND IS NOT INDICATIVE OF THE FINAL SALE PRICE. REAL ESTATE: 2.5 Story brick/vinyl 4 unit apartment building w/approx. 3,500 sq. ft. finished area. Potential to build an additional 4 unit townhouse in rear of lot (special exception needed, subject to township approval). 1st floor commercial unit: Approx. 900 sq. ft. w/half bath. Currently rented to U.S. Post Office. Main floor apartment: Approx. 1,000 sq. ft. w/2 bedrooms, 1 bath, living room, kitchen w/range & refrigerator, laundry area w/washer & dryer. Rear entrance. Second floor apartments: Approx. 800 sq. ft. each unit, includes 1 bedroom, 1 bath, living room, kitchen, laundry area & rear entrance w/covered deck (only 1 2nd floor unit includes range, refrigerator, washer & dryer). Hardwood flooring throughout. Electric baseboard. Basement. Low maintenance exterior w/insulated windows, covered front porch & detached 1.5 story frame barn 27x21 w/lean to 27x10. Clean & well maintained w/good rental history & cash flow w/yearly gross income $39,276 w/net income $31,249. Note: Great opportunity to purchase clean, well maintained apartment building w/steady income! Modest rents. Potential of business/apartment mix. Ideal investment opportunity w/lots of potential. Terms 10% down, balance 60 days or before.
Last Agent to Sell the Property
(717) 606-2226 curvin@curvinhorning.com Kingsway Realty - Ephrata Listed on: 03/10/2023
Last Buyer's Agent
datacorrect@brightmls.com Non Subscribing Office License #0225194075
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,377
Year Built
- Built in 1832
Lot Details
- 0.45
Home Design
- Brick Exterior Construction
- Block Foundation
- Stone Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 3,500 Sq Ft Home
- Wood Flooring
- Unfinished Basement
Parking
- Gravel Driveway
- Off-Street Parking
Utilities
- Electric Baseboard Heater
- 200+ Amp Service
- Electric Water Heater
Additional Features
- 0.45 Acre Lot
- Bank Barn
Listing and Financial Details
- The owner pays for pest control, snow removal, heater maintenance contract, trash collection
- Assessor Parcel Number 080-77216-0-0000
Community Details
Overview
- 4 Units
- Reamstown Subdivision
Building Details
- Income includes apartment rentals
- Net Operating Income $31,248
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 26, 2023
Sold by
Kelly Margaret Anne
Bought by
Pittman Alicia Suzanne and Pittman Jay Wesley
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$294,167
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$115,876
Purchase Details
Closed on
Dec 16, 2021
Sold by
Janiszewski Patricia A
Bought by
Kelly Margaret Anne
Purchase Details
Closed on
Apr 1, 2011
Sold by
Kelly Albert J and Kelly Margaret Anne
Bought by
Janiszewski Patricia A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pittman Alicia Suzanne | $375,000 | None Listed On Document | |
| Kelly Margaret Anne | -- | Young E Richard | |
| Janiszewski Patricia A | $248,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pittman Alicia Suzanne | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/03/2023 06/03/23 | Sold | $425,000 | 0.0% | $121 / Sq Ft |
| 04/03/2023 04/03/23 | Pending | -- | -- | -- |
| 04/03/2023 04/03/23 | Off Market | $425,000 | -- | -- |
| 03/10/2023 03/10/23 | For Sale | $325,000 | -- | $93 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,632 | $226,100 | $83,400 | $142,700 |
| 2024 | $5,632 | $226,100 | $83,400 | $142,700 |
| 2023 | $5,494 | $226,100 | $83,400 | $142,700 |
| 2022 | $5,348 | $226,100 | $83,400 | $142,700 |
| 2021 | $5,340 | $226,100 | $83,400 | $142,700 |
| 2020 | $5,340 | $226,100 | $83,400 | $142,700 |
| 2019 | $5,277 | $226,100 | $83,400 | $142,700 |
| 2018 | $4,045 | $226,100 | $83,400 | $142,700 |
| 2017 | $5,343 | $186,800 | $49,700 | $137,100 |
| 2016 | $5,343 | $186,800 | $49,700 | $137,100 |
| 2015 | $3,990 | $186,800 | $49,700 | $137,100 |
| 2014 | $3,990 | $186,800 | $49,700 | $137,100 |
Source: Public Records
Agents Affiliated with this Home
-
Curvin Horning
-
datacorrect BrightMLS
d
Buyer's Agent in 2023
datacorrect BrightMLS
Non Subscribing Office
Map
Source: Bright MLS
MLS Number: PALA2031940
APN: 080-32586-0-0000
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