NOT LISTED FOR SALE

1401 W Main St Ephrata, PA 17522

Estimated Value: $331,000 - $415,000

-- Bed
3 Baths
3,192 Sq Ft
$122/Sq Ft Est. Value

Last Sold May 29, 2024

Last sale price $355,000 $111 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,513/month

3 Days on Market

About This Home

As of May 2024

3-unit brick income investment property in Ephrata Boro! Includes 2 additional small parcels - 9 N. Market St. 260-28624-0-0000 and 5 N. Market St. 260-25497-0-0000. All are zoned in the Borough's Neighborhood Commercial district. Check with Ephrata Borough on possibilities to build garages, storage units or an additional unit! Unit 2 has a w/d hook up in a closet. Separate hot water, electric meters and a newer oil furnace. Each unit has its own oven/range and refrigerator. Owner pays oil and hot water for the second floor unit. Expense sheet included in documents. 24 hour notice is required for showings.

Last Agent to Sell the Property

Kevin Kohl

(717) 951-0153 kkohl@ptd.net Hauenstein Agency, Inc. Listed on: 04/09/2024

Co-Listed By

Marsha Doom

(717) 468-9402 marshadoom5@gmail.com Hauenstein Agency, Inc.

Last Buyer's Agent

Marsha Doom

(717) 468-9402 marshadoom5@gmail.com Hauenstein Agency, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,156

Year Built

  • Built in 1900

Lot Details

  • 9,583 Sq Ft Lot

Home Design

  • 3,192 Sq Ft Home
  • Triplex
  • Brick Exterior Construction
  • Masonry

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Heating System Uses Oil
  • Hot Water Heating System
  • Electric Baseboard Heater

Listing and Financial Details

  • Assessor Parcel Number 260-19446-0-0000

Community Details

Overview

  • 3 Units

Building Details

  • Income includes apartment rentals
  • Operating Expense $5,647

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,156

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: 1 Oven/range and 1 refrigerator per unit
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Total Sq Ft: 3192
  • Living Area Sq Ft: 3192
  • Price Per Sq Ft: 93.95
  • Above Grade Finished Sq Ft: 3192
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Electric, Hot Water
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.20
  • Zoning: NEIGHBORHOOD COMMERCIAL

Rental Info

  • Units Leased Count: 3
  • Vacation Rental: No

Multi Family

  • Gross Income: 32580.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 5647.00

Tax Info

  • Tax Annual Amount: 7156.00
  • Assessor Parcel Number: 260-19446-0-0000
  • Tax Year: 2022

MLS Schools

  • School District Name: EPHRATA AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
May 14, 2024
Sold by
Huyett Lee A
Bought by
Hillside Road Properties Llc
Seller's Agent
Kevin Kohl
Hauenstein Agency, Inc.
Buyer's Agent
Marsha Doom
Hauenstein Agency, Inc.
List Price
$299,900
Sold Price
$355,000
Premium/Discount to List
$55,100
18.37%
Views
41
Current Estimated Value
$389,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,703
Avg. Annual Appreciation
6.29%
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
Hillside Road Properties Llc $355,000 Regal Abstract
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2024 05/29/24 Sold $355,000 +18.4% $111 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $299,900 -- $94 / 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
2025 $5,564 $232,000 $45,100 $186,900
2024 $5,564 $232,000 $45,100 $186,900
2023 $5,427 $232,000 $45,100 $186,900
2022 $5,195 $232,000 $45,100 $186,900
2021 $5,086 $232,000 $45,100 $186,900
2020 $5,086 $232,000 $45,100 $186,900
2019 $5,017 $232,000 $45,100 $186,900
2018 $5,947 $232,000 $45,100 $186,900
2017 $4,226 $159,700 $28,100 $131,600
2016 $4,193 $159,700 $28,100 $131,600
2015 $927 $159,700 $28,100 $131,600
2014 $3,130 $159,700 $28,100 $131,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2049242

Bright MLS

APN: 260-19446-0-0000