NOT LISTED FOR SALE

155 E Main St Ephrata, PA 17522

Estimated Value: $221,000 - $598,000

Studio
1 Bath
6,656 Sq Ft
$49/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $425,000 $64 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $1,937/month

16 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating System Uses Oil
  • 3 Car Detached Garage

About This Home

As of September 2017

Rare opportunity to own a large multi unit in Ephrata. Lots of historic charm with modern updated mechanicals. Consists of 7 units (one office) with possibility 8th. Ample off-street parking for tenants. 3 garage units (4 bays) for additional income. There is a vacant building lot for possible subdivision or additional duplex. Unit on 1st floor is very nice and would be great for owner's primary residence. New furnace recently installed. Agent Remarks: Please carefully follow showing instructions. Built-in safe in 1st floor apartment is not included in sale. Income Source: Apartment Rentals, Garage Rentals.

Last Agent to Sell the Property

Thom Smucker

(717) 314-5963 thomsmucker@gmail.com Berlanco Realty License #RM425191 Listed on: 07/20/2017

Last Buyer's Agent

Sue Schleh

farmland@beiler-campbell.com Beiler-Campbell Realtors-Quarryville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,130

Year Built

  • Built in 1873

Lot Details

  • 0.38 Acre Lot
  • Property is in good condition

Parking

  • 3 Car Detached Garage
  • On-Street Parking

Home Design

  • Converted Dwelling
  • Aluminum Siding

Interior Spaces

  • 6,656 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Ephrata High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 260-62662-0-0000

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $2,689
  • Insurance Expense $3,785
  • Maintenance Expense $922
  • Other Expense $366
  • Operating Expense $24,628

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,130

Year Built

Built in 1873

Lot Details

0

Parking

3

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Exclusions: See Listing Agent
  • Inclusions: See Listing Agent
  • New Construction: No
  • Other Expense: 366.00
  • Year Built: 1873
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 6656
  • Living Area Sq Ft: 6656
  • Price Per Sq Ft: 64.60
  • Above Grade Finished Sq Ft: 6656
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Street
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Annual Heating Expense: 7091.00
  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Expense: 2689.00
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • High School: EPHRATA

Lot Info

  • Lot Size Acres: 0.38
  • Lot Dimensions: .
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.00
  • Property Condition: Good
  • Zoning: RHD

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 54000.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6,Unit 7

Tax Info

  • Tax Annual Amount: 7130.00
  • Assessor Parcel Number: 260-62662-0-0000
  • Tax Year: 2017

MLS Schools

  • School District Name: EPHRATA AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2021
Sold by
King Daniel K and King Edna P
Bought by
Indian Valley Real Estate Llc
Current Estimated Value
$327,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$109,191
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$218,202

Purchase Details

Closed on
Sep 5, 2019
Sold by
King Daniel K and King Edna P
Bought by
King Daniel K and King Edna P

Purchase Details

Listed on
Jul 20, 2017
Closed on
Sep 26, 2017
Sold by
Krick Edith Louise Snader
Bought by
King Daniel K and King Edna P
Seller's Agent
Thom Smucker
Berlanco Realty
Buyer's Agent
Sue Schleh
Beiler-Campbell Realtors-Quarryville
List Price
$430,000
Sold Price
$425,000
Premium/Discount to List
-$5,000
-1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.08%
Original Mortgage
$120,000
Interest Rate
3.82%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Indian Valley Real Estate Llc $150,000 Regal Abstract Lancaster
King Daniel K -- None Available
King Daniel K $425,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Indian Valley Real Estate Llc $120,000
Previous Owner King Daniel K $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2017 09/29/17 Sold $425,000 -1.2% $64 / Sq Ft
08/05/2017 08/05/17 Pending -- -- --
07/20/2017 07/20/17 For Sale $430,000 -- $65 / 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 $2,820 $117,600 $44,200 $73,400
2024 $2,820 $117,600 $44,200 $73,400
2023 $2,751 $117,600 $44,200 $73,400
2022 $2,633 $117,600 $44,200 $73,400
2021 $2,578 $117,600 $44,200 $73,400
2020 $2,578 $117,600 $44,200 $73,400
2019 $2,543 $117,600 $44,200 $73,400
2018 $550 $117,600 $44,200 $73,400
2016 $2,442 $93,000 $37,600 $55,400
2015 $540 $93,000 $37,600 $55,400
2014 $1,696 $93,000 $37,600 $55,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003259213

Bright MLS

APN: 260-49132-0-0000