NOT LISTED FOR SALE

201 Washington Ave Ephrata, PA 17522

Estimated Value: $302,000 - $372,946

-- Bed
2 Baths
3,024 Sq Ft
$110/Sq Ft Est. Value

Last Sold July 22, 2019

Last sale price $211,000 $70 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,151/month

7 Days on Market

Highlights

  • Traditional Floor Plan
  • Wood Flooring
  • No HOA
  • Traditional Architecture
  • Main Floor Bedroom
  • 2 Car Detached Garage

About This Home

As of July 2019

A large brick and vinyl, 2 unit, detached building in Ephrata Borough is the ideal property to live in one and rent out the other OR as an income producing investment property. Both units have been completely remodeled and updated. 1st floor unit consists of a foyer, living room, dining area and kitchen with an open concept and built-ins. One bedroom, 1 bathroom, and mud room. Electric baseboard heat and electric hot water heater, approx. 1,000 sq ft. Washer, dryer, refrigerator is included. Basement storage available. 2nd floor unit has kitchen, dining room, living room, 1 bathroom, 4 bedrooms (two on second floor and two on third floor). An attic for additional storage. Hot water heat, oil furnace is 5 years old, there are 2-250 gallon oil tanks, electric hot water heater. Refrigerator is included, hook ups for washer and dryer. 2 car detached garage, privacy fence, patio, nice back yard and replacement windows. Both units have mini splits for central air conditioning and each unit has a separate 100 amp service. Both units currently occupied and both tenants are willing to stay. Very low expenses, close to downtown Ephrata.

Last Agent to Sell the Property

Mary Lou Bertz

(717) 413-3859 mbertz@homesale.com Berkshire Hathaway HomeServices Homesale Realty License #RS290684 Listed on: 06/14/2019

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Mike Cardina

(717) 286-9731 mcardina@homesale.com Berkshire Hathaway HomeServices Homesale Realty

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,297

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • Main Floor Bedroom
  • Traditional Floor Plan
  • Built-In Features
  • Combination Kitchen and Dining Room
  • Partial Basement

Kitchen

  • Country Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Laminate
  • Vinyl

Laundry

  • Electric Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Ephrata High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Exterior Lighting

Listing and Financial Details

  • The owner pays for cable TV, insurance, trash collection
  • Assessor Parcel Number 260-29755-0-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Operating Expense $3,028
  • Net Operating Income $18,812

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,297

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Inclusions: First floor - Apt #1 - Washer/Dryer/Refrigerator Second floor - Apt #2 - Refrigerator
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: A large brick and vinyl, 2 unit, detached building in Ephrata Borough is the ideal property to live in one and rent out the other OR as an income producing investment property. Both units have been completely remodeled and updated. 1st floor unit consists of a foyer, living room, dining area and kitchen with an open concept and built-ins. One bedroom, 1 bathroom, and mud room. Electric baseboard heat and electric hot water heater, approx. 1,000 sq ft. Washer, dryer, refrigerator is included. Basement storage available. 2nd floor unit has kitchen, dining room, living room, 1 bathroom, 4 bedrooms (two on second floor and two on third floor). An attic for additional storage. Hot water heat, oil furnace is 5 years old, there are 2-250 gallon oil tanks, electric hot water heater. Refrigerator is included, hook ups for washer and dryer. 2 car detached garage, privacy fence, patio, nice back yard and replacement windows. Both units have mini splits for central air conditioning and each unit has a separate 100 amp service. Both units currently occupied and both tenants are willing to stay. Very low expenses, close to downtown Ephrata.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Flooring Type: Hardwood, Laminated, Vinyl
  • Interior Amenities: Built-Ins, Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Country, Kitchen - Island, Wood Floors
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 4205
  • Living Area Sq Ft: 3024
  • Price Per Sq Ft: 76.03
  • Above Grade Finished Sq Ft: 3024
  • Below Grade Sq Ft: 1181
  • Total Below Grade Sq Ft: 1181
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 201

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Roof: Composite, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Off Street, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil, Electric
  • Heating Type: Hot Water & Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: EPHRATA AREA
  • High School: EPHRATA
  • High School Source: Listing Agent
  • School District Key: 300200397381
  • School District Source: Listing Agent
  • High School: EPHRATA

Lot Info

  • Land Use Code: 114
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.00
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • Zoning Description: Two Family Dwelling

Rental Info

  • Existing Lease Type: Month To Month
  • Owner Pays: Cable Tv, Insurance, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 21840.00
  • Vacation Rental: No

Tax Info

  • School Tax: 3381.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 4297.00
  • Assessor Parcel Number: 260-29755-0-0000
  • Tax Total Finished Sq Ft: 2624
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2020
  • Close Date: 07/22/2019

Multi Family

  • Income Includes: Apartment Rentals
  • Operating Expense: 3028.00
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: EPHRATA AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Jul 15, 2019
Sold by
Littlejohn Donald
Bought by
Lehman Sergius K and Lehman Angie L
Seller's Agent
Mary Lou Bertz
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Mike Cardina
Berkshire Hathaway HomeServices Homesale Realty
List Price
$229,900
Sold Price
$211,000
Premium/Discount to List
-$18,900
-8.22%
Current Estimated Value
$332,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,987
Avg. Annual Appreciation
7.67%
Original Mortgage
$179,350
Outstanding Balance
$160,640
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$172,347

Purchase Details

Listed on
Feb 10, 2011
Closed on
Jan 31, 2012
Sold by
Fortna Patricia A
Bought by
Littlejohn Donald
Seller's Agent
Craig Hartranft
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Everard Korthals
Mountain Realty ERA Powered
List Price
$200,000
Sold Price
$152,000
Premium/Discount to List
-$48,000
-24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%
Original Mortgage
$121,600
Interest Rate
3.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lehman Sergius K $211,000 Realty Settlement Svcs Inc
Littlejohn Donald $152,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lehman Sergius K $179,350
Previous Owner Littlejohn Donald $121,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2019 07/22/19 Sold $211,000 -8.2% $70 / Sq Ft
06/21/2019 06/21/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $229,900 +51.3% $76 / Sq Ft
01/31/2012 01/31/12 Sold $152,000 -24.0% $58 / Sq Ft
11/01/2011 11/01/11 Pending -- -- --
02/10/2011 02/10/11 For Sale $200,000 -- $76 / 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 $4,700 $196,000 $37,800 $158,200
2024 $4,700 $196,000 $37,800 $158,200
2023 $4,585 $196,000 $37,800 $158,200
2022 $4,389 $196,000 $37,800 $158,200
2021 $4,297 $196,000 $37,800 $158,200
2020 $4,297 $196,000 $37,800 $158,200
2019 $4,238 $196,000 $37,800 $158,200
2018 $3,195 $196,000 $37,800 $158,200
2017 $3,957 $149,500 $30,400 $119,100
2016 $3,925 $149,500 $30,400 $119,100
2015 $868 $149,500 $30,400 $119,100
2014 $2,803 $149,500 $30,400 $119,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA134618

Bright MLS

APN: 260-29755-0-0000