NOT LISTED FOR SALE

1947 Elk Run Rd Gaines, PA 16921

Estimated Value: $115,000 - $322,000

4 Beds
1.5 Baths
1,806 Sq Ft
$101/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $90,000 $50 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,147/month

51 Days on Market

Highlights

  • Wood Flooring
  • Farmhouse Style Home
  • Fireplace
  • Main Floor Bedroom
  • No HOA
  • Enclosed patio or porch

About This Home

As of August 2023

This older farm house has great potential. Sits on 4 acres off road with driveway access from two roads, Convenient location to shopping/gas etc. Accepting offers.

Last Agent to Sell the Property

Teena Mountz

Howard Hanna Professionals-Coudersport Brokerage Phone: 8142601464 License #RS193150L Listed on: 05/04/2023

Howard Hanna Professionals-Coudersport

Last Buyer's Agent

Teena Mountz

Howard Hanna Professionals-Coudersport Brokerage Phone: 8142601464 License #RS193150L Listed on: 05/04/2023

Howard Hanna Professionals-Coudersport

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,041

Year Built

  • Built in 1901

Lot Details

  • 4 Acre Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Zoning described as n/a

Home Design

  • Farmhouse Style Home
  • Cabin
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,806 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Dirt Floor

Kitchen

  • Oven or Range
  • Cooktop

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Enclosed patio or porch
  • Utility Building

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Gas Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0006827 & 00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,041

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 4
  • Lot Size: 4.00
  • Road Surface Type: Gravel
  • Inclusions: Cook Top,Range/Oven,Refrigerator
  • Directions: From Rt 6, 1 mile west of Gaines, make a left onto Elk Run Road. Go approximately 1.2 miles , house is on the right, look for sign.
  • Above Grade Finished Sq Ft: 1806
  • Architectural Style: Cabin/Cottage, Farmhouse
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1901
  • Attribution Contact: 8142601464
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Cooktop, Range/Oven, Refrigerator
  • Has Basement: Dirt Floor
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet, Wood
  • Interior Amenities: Cell Service Available, First Floor Bathroom, First Floor Bedroom, High Speed Internet
  • Living Area: 1806

Exterior Features

  • Lot Features: Out of Town
  • Topography: Cleared,Level,Sloping
  • Disclosures: Disclosure Form
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Stone
  • Other Structures: Storage Utility Building
  • Patio And Porch Features: Enclosed
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas, Wall Furnace
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, Tri Co
  • Electricity On Property: Yes
  • Sewer: In Ground
  • Water Source: Well
  • Gas: UGI

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Galeton Area

Lot Info

  • Lot Size Sq Ft: 174240
  • Farm Land Area Units: Square Feet
  • Wooded Area: 10890
  • Parcel #: 0006827 & 00021
  • Zoning Description: n/a
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2041.13
  • Tax Map Number: 15-07-00-065 & 15-07-00-073
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Aug 29, 2023
Sold by
Cole Rusty R
Bought by
Baker Brent R and Baker Shalane M
Seller's Agent
Teena Mountz
Howard Hanna Professionals-Coudersport
Buyer's Agent
Teena Mountz
Howard Hanna Professionals-Coudersport
List Price
$154,000
Sold Price
$90,000
Premium/Discount to List
-$64,000
-41.56%
Views
108
Current Estimated Value
$182,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,826
Avg. Annual Appreciation
15.98%
Original Mortgage
$72,000
Outstanding Balance
$69,064
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$51,109
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
Baker Brent R $90,000 Cornerstone Abstract & Settlem
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Brent R $72,000
Previous Owner Stl Marshlands Llc $15,000,000
Previous Owner Stl Marshlands Llc $1,555,555
Previous Owner Stl Marshlands Llc $222,222
Previous Owner Stl Marshlands Llc $9,225,000
Previous Owner Bailey Lillian A $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2023 08/27/23 Off Market $124,500 -- --
08/25/2023 08/25/23 Sold $90,000 -27.7% $50 / Sq Ft
06/01/2023 06/01/23 Price Changed $124,500 -19.2% $69 / Sq Ft
05/04/2023 05/04/23 For Sale $154,000 -- $85 / Sq Ft
Source: North Central Penn Board of REALTORS®

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 $1,646 $117,890 $30,000 $87,890
2024 $2,621 $117,890 $30,000 $87,890
2023 $2,049 $79,560 $12,670 $66,890
2022 $1,963 $79,560 $12,670 $66,890
2021 $1,925 $79,560 $12,670 $66,890
2020 $1,919 $79,560 $12,670 $66,890
2019 $1,892 $79,560 $12,670 $66,890
2018 $1,856 $79,560 $12,670 $66,890
2017 -- $79,560 $12,670 $66,890
2016 $1,826 $79,560 $12,670 $66,890
2015 -- $79,560 $12,670 $66,890
2014 -- $79,560 $12,670 $66,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Central Penn Board of REALTORS®

MLS Number: 31716477

APN: 15-07.00-065