NOT LISTED FOR SALE

204 W Main St Ephrata, PA 17522

Estimated Value: $363,942

-- Bed
-- Bath
2,650 Sq Ft
$137/Sq Ft Est. Value

Last Sold January 16, 2018

Last sale price $245,000 $92 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,483/month

Highlights

  • Space For Rooms
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of January 2018

Great investment opportunity in downtown Ephrata! 3 unit apartment building, plus garage rentals. Numbers are very good!! Units are in very good shape. Many updates to the building including replacement windows, newer separate furnaces for all 3 units, new water heater, newer vinyl siding, newer kitchens in the units, etc. Tenants are responsible for heat, electric, and heating of their water. Owner pays w/s/t.

Last Agent to Sell the Property

Marsha Doom

(717) 468-9402 marshadoom5@gmail.com Hauenstein Agency, Inc. Listed on: 11/06/2017

Last Buyer's Agent

Brenda Zimmerman

(717) 951-2466 zimteam@ptd.net Today's Realty License #RS224687L

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,192

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Property is in good condition

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Space For Rooms

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Oil Water Heater

Listing and Financial Details

  • The owner pays for water, sewer, trash collection
  • Assessor Parcel Number 260-19407-0-0000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,068
  • Trash Expense $468
  • Operating Expense $2,268
  • Gross Income $26,820
  • Net Operating Income $23,016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,192

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Ownership: Fee Simple
  • Inclusions: Refrigerators
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: Great investment opportunity in downtown Ephrata! 3 unit apartment building, plus garage rentals. Numbers are very good!! Units are in very good shape. Many updates to the building including replacement windows, newer separate furnaces for all 3 units, new water heater, newer vinyl siding, newer kitchens in the units, etc. Tenants are responsible for heat, electric, and heating of their water. Owner pays w/s/t.
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Space For Rooms
  • Street Number Modifier: 204

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • 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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Window Unit(s)
  • Heating Fuel: Electric, Oil
  • Heating Type: Electric, Forced Air, Oil, Radiator
  • Heating: Yes
  • Hot Water: Electric, Oil
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 150
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Improvement Assessed Value: 101100.00
  • Land Assessed Value: 54300.00
  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3920.00
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: HD RES
  • In City Limits: Yes

Rental Info

  • Number Of Units Month To Month: 2
  • Owner Pays: Water, Sewer, Trash Collection
  • Total Actual Rent: 26820.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4023661
  • School Tax: 3257.00
  • Tax Annual Amount: 4192.00
  • Assessor Parcel Number: 260-19407-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 01/16/2018

Multi Family

  • Gross Scheduled Income: 26820.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 2268.00
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: EPHRATA AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2017
Closed on
Jan 9, 2018
Sold by
Quinn Graeme and Quinn Pamela
Bought by
K & R Main Street Llc
Seller's Agent
Marsha Doom
Hauenstein Agency, Inc.
Buyer's Agent
Brenda Zimmerman
Today's Realty
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%
Current Estimated Value
$363,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,942
Original Mortgage
$183,750
Outstanding Balance
$154,904
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2014
Sold by
Quinn Pamela and Quinn Jill
Bought by
Quinn Graeme and Quinn Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,700
Interest Rate
4.39%
Mortgage Type
Commercial

Purchase Details

Closed on
May 2, 2003
Sold by
Klausmair Kurt M and Klausmair Cristina M
Bought by
Quinn Pamela and Quinn Jill

Purchase Details

Closed on
Mar 16, 2000
Sold by
Martin Weaver Associates
Bought by
Klausmair Kurt M and Klausmair Cristina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
8.24%
Mortgage Type
Commercial
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
K & R Main Street Llc $245,000 None Available
Quinn Graeme -- None Available
Quinn Pamela $140,000 --
Klausmair Kurt M $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K & R Main Street Llc $183,750
Previous Owner Quinn Graeme $133,700
Previous Owner Klausmair Kurt M $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2018 01/16/18 Sold $245,000 -2.0% $92 / Sq Ft
11/22/2017 11/22/17 Pending -- -- --
11/06/2017 11/06/17 For Sale $249,900 -- $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 $6,648 $277,200 $73,300 $203,900
2024 $6,648 $277,200 $73,300 $203,900
2023 $6,484 $277,200 $73,300 $203,900
2022 $6,207 $277,200 $73,300 $203,900
2021 $6,077 $277,200 $73,300 $203,900
2020 $6,077 $277,200 $73,300 $203,900
2019 $5,994 $277,200 $73,300 $203,900
2017 $4,113 $155,400 $54,300 $101,100
2016 $4,080 $155,400 $54,300 $101,100
2015 $902 $155,400 $54,300 $101,100
2014 $3,046 $155,400 $54,300 $101,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Marsha Doom

    Hauenstein Agency, Inc.

    (717) 468-9402

    26 in this area

    55 Total Sales

    Marsha Doom
    Section Image

  • B

    Buyer's Agent in 2018

    Brenda Zimmerman

    Today's Realty

    (717) 951-2466

    7 in this area

    21 Total Sales

    Brenda Zimmerman
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000090152

Bright MLS

APN: 260-19407-0-0000

Pennsylvania Lancaster County Ephrata 17522

204 W Main St, Ephrata, PA

This home is located at 204 W Main St, Ephrata, PA 17522 since 06 November 2017 and is currently priced at $363,942, approximately $137 per square foot. This property was built in 1900. 204 W Main St is a home located in Lancaster County with nearby schools including Fulton El School, Ephrata Intermediate School, and Ephrata Senior High School.

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