NOT LISTED FOR SALE

160 W Main St Leola, PA 17540

Estimated Value: $346,000 - $422,000

-- Bed
2 Baths
2,935 Sq Ft
$131/Sq Ft Est. Value

Last Sold December 07, 2021

Last sale price $250,000 $85 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,470/month

10 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • More Than Two Accessible Exits
  • Wood Flooring
  • Storm Windows
  • Forced Air Heating System

About This Home

As of December 2021

Great investment opportunity in the Heart of Leola. Nice, solid 2-units with lots of room to grow. 160 unit is moving out and the end of Nov. Tenant was paying $825 but can be increased dramatically! Come check this out before it is too late. All utilities are separate.

Last Agent to Sell the Property

Jake Fisher

Hostetter Realty License #RS325195 Listed on: 11/02/2021

Co-Listed By

Kore Fisher

Fisher Realty

Last Buyer's Agent

Luis Ortega

Weichert Realtors - The Ortega Group License #RM425269

Weichert Realtors - The Ortega Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,530

Year Built

  • Built in 1870

Lot Details

  • 0.29 Acre Lot
  • Infill Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Traditional Architecture
  • Victorian Architecture
  • Block Foundation
  • Stone Foundation
  • Plaster Walls
  • Asphalt Roof
  • Rubber Roof
  • Metal Siding

Interior Spaces

  • Window Screens
  • Insulated Doors
  • Unfinished Basement

Kitchen

  • Electric Oven or Range
  • Stove

Flooring

  • Wood
  • Carpet
  • Concrete

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • Stone Driveway
  • Off-Street Parking

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Playground
  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • 200+ Amp Service
  • Electric Water Heater
  • Phone Available

Listing and Financial Details

  • The owner pays for insurance, lawn/shrub care, real estate taxes
  • Assessor Parcel Number 360-03019-0-0000

Community Details

Overview

  • 2 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,530

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional, Victorian
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: all tenant personal items
  • Inclusions: all seller owned appliances
  • New Construction: No
  • Year Built: 1870
  • Automatically Close On Close Date: No
  • Remarks Public: Great investment opportunity in the Heart of Leola. Nice, solid 2-units with lots of room to grow. 160 unit is moving out and the end of Nov. Tenant was paying $825 but can be increased dramatically! Come check this out before it is too late. All utilities are separate.
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Stove
  • Flooring Type: Carpet, Concrete, Hardwood
  • Window Features: Screens, Storm
  • Fireplace: No
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Foundation Details: Block, Stone
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3735
  • Living Area Sq Ft: 2935
  • Price Per Sq Ft: 91.65
  • Above Grade Finished Sq Ft: 2935
  • Below Grade Sq Ft: 800
  • Total Below Grade Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 160

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Metal Siding
  • Exterior Features: Play Area, Sidewalks, Street Lights
  • Road Surface Type: Black Top
  • Roof: Asphalt, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Stone Driveway
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Phone Available, Sewer Available, Water Available
  • Water Source: Public

Schools

  • School District: CONESTOGA VALLEY
  • School District Key: 300200397374
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 132700.00
  • Land Assessed Value: 52300.00
  • Land Use Code: 114
  • Lot Size Acres: 0.29
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12632.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Owner Pays: Insurance, Lawn/Shrub Care, Taxes - Real Estate
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4079694
  • School Tax: 2678.00
  • Tax Annual Amount: 3530.00
  • Assessor Parcel Number: 360-03019-0-0000
  • Tax Total Finished Sq Ft: 2935
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 12/07/2021

Multi Family

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

MLS Schools

  • School District Name: CONESTOGA VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2021
Closed on
Dec 7, 2021
Sold by
Stoltzfus Steven Ray
Bought by
Inline Properties Lp
Seller's Agent
Jake Fisher
Hostetter Realty
Buyer's Agent
Luis Ortega
Weichert Realtors - The Ortega Group
List Price
$269,000
Sold Price
$250,000
Premium/Discount to List
-$19,000
-7.06%
Current Estimated Value
$394,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,908
Avg. Annual Appreciation
12.49%

Purchase Details

Listed on
Aug 25, 2020
Closed on
Sep 29, 2020
Sold by
Schwanger Michael A
Bought by
Stoltzfus Steven Ray
Seller's Agent
Terry Zerphey
Riley Real Estate, Inc.
Buyer's Agent
Benuel Esh
Keller Williams Elite
List Price
$214,900
Sold Price
$205,000
Premium/Discount to List
-$9,900
-4.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.15%
Original Mortgage
$164,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 22, 2008
Sold by
Rife Herbert J and Rife Sharon A
Bought by
Schwanger Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
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
Inline Properties Lp $250,000 None Available
Stoltzfus Steven Ray $205,000 Premier Settlements
Schwanger Michael A $122,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Inline Properties Lp $765,000
Previous Owner Stoltzfus Steven Ray $164,000
Previous Owner Schwanger Michael A $81,900
Previous Owner Schwanger Michael A $13,700
Previous Owner Schwanger Michael A $90,000
Previous Owner Rife Herbert J $108,605
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2021 12/07/21 Sold $250,000 -7.1% $85 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
11/02/2021 11/02/21 For Sale $269,000 +31.2% $92 / Sq Ft
09/29/2020 09/29/20 Sold $205,000 -4.6% $70 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $214,900 -- $73 / 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 $3,697 $185,000 $52,300 $132,700
2023 $3,621 $185,000 $52,300 $132,700
2022 $3,530 $185,000 $52,300 $132,700
2021 $3,404 $185,000 $52,300 $132,700
2020 $3,404 $185,000 $52,300 $132,700
2019 $3,330 $185,000 $52,300 $132,700
2018 $4,956 $185,000 $52,300 $132,700
2017 $3,229 $149,100 $31,900 $117,200
2016 $3,185 $149,100 $31,900 $117,200
2015 $810 $149,100 $31,900 $117,200
2014 $2,212 $149,100 $31,900 $117,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2007404

Bright MLS

APN: 360-03019-0-0000