NOT LISTED FOR SALE

217 E Walnut St Ephrata, PA 17522

Estimated Value: $293,000 - $310,000

Studio
3 Baths
1,644 Sq Ft
$182/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $172,000 $105 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,808/month

4 Days on Market

Highlights

  • No HOA
  • Outdoor Storage
  • Baseboard Heating
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System

About This Home

As of May 2016

Very well maintained 2-unit in Ephrata! 2 bedrooms in each unit, separate utilities, separate parking areas, washer/dryer hookups in both. Excellent long term tenant on the 2nd floor. Propane heat and hot water. Private patio. Many upgrades including new energy star roof in 2015, newer windows, storm door and glass tile backsplash. Perfect opportunity for someone to live in one and rent the other or rent them both!

Last Agent to Sell the Property

Marsha Doom

(717) 733-4158 kevin@hauensteinagency.com Hauenstein Agency, Inc. Listed on: 03/29/2016

Last Buyer's Agent

Brad Albert

(717) 390-7080 advancedrealty@comcast.net Advanced Realty Services License #RS138441A

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,754

Year Built

  • Built in 1950

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 75x122x70x122

Home Design

  • Metal Roof
  • Aluminum Siding
  • Dryvit Stucco

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • Ephrata Middle School
  • Ephrata High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Propane Water Heater

Additional Features

  • Washer and Dryer Hookup
  • Outdoor Storage

Listing and Financial Details

  • Tenant pays for heat, hot water, sewer, electricity, water
  • Assessor Parcel Number 2605795500000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Trash Expense $228
  • Operating Expense $228
  • Net Operating Income $12,258

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,754

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No

Exterior Features

  • Construction Materials: Aluminum Siding, Dryvit
  • Construction Completed: No
  • Exterior Features: Secure Storage
  • Roof: Metal
  • 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, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating Type: Forced Air, Baseboard, Hot Water, Propane
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: EPHRATA
  • Middle Or Junior School: EPHRATA

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 75x122x70x122
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Heat, Hot Water, Sewer, Electricity, Water
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4025501
  • School Tax: 2135.33
  • Tax Annual Amount: 2753.57
  • Assessor Parcel Number: 2605795500000
  • County Tax Payment Frequency: Annually

Multi Family

  • Gross Income: 15240.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 228.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: EPHRATA AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2016
Closed on
May 27, 2016
Sold by
Rutt Jonathan L and Rutt Ruth Caroline
Bought by
Powered By Love Llc
Seller's Agent
Marsha Doom
Hauenstein Agency, Inc.
Buyer's Agent
Brad Albert
Advanced Realty Services
List Price
$159,900
Sold Price
$172,000
Premium/Discount to List
$12,100
7.57%
Current Estimated Value
$301,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,429
Avg. Annual Appreciation
5.89%
Original Mortgage
$125,000
Outstanding Balance
$99,519
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$199,752

Purchase Details

Closed on
Aug 14, 2007
Sold by
Matthews Linda W
Bought by
Rutt Jonathan L and Mundorff Caroline E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,646
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2002
Sold by
Matthews Thomas W and Matthews Linda W
Bought by
Matthews Linda W

Purchase Details

Closed on
Oct 29, 1999
Sold by
Fetter Winfield R and Stephan Celia J
Bought by
Matthews Thomas W and Matthews Linda W
Source: Public Records
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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
Powered By Love Llc $172,000 Attorney
Rutt Jonathan L $159,900 None Available
Matthews Linda W -- --
Matthews Thomas W $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powered By Love Llc $125,000
Previous Owner Rutt Jonathan L $158,646
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2016 05/27/16 Sold $172,000 +7.6% $105 / Sq Ft
04/02/2016 04/02/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $159,900 -- $97 / Sq Ft
Source: Bright MLS

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 $2,887 $120,400 $40,900 $79,500
2024 $2,887 $120,400 $40,900 $79,500
2023 $2,816 $120,400 $40,900 $79,500
2022 $2,696 $120,400 $40,900 $79,500
2021 $2,640 $120,400 $40,900 $79,500
2020 $2,640 $120,400 $40,900 $79,500
2019 $2,603 $120,400 $40,900 $79,500
2018 $2,041 $120,400 $40,900 $79,500
2017 $2,819 $106,500 $28,100 $78,400
2016 $2,796 $106,500 $28,100 $78,400
2015 $618 $106,500 $28,100 $78,400
2014 $1,960 $106,500 $28,100 $78,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002738053

Bright MLS

APN: 260-57955-0-0000