NOT LISTED FOR SALE

310 Washington Ave Ephrata, PA 17522

Estimated Value: $213,000 - $239,277

-- Bed
2 Baths
1,332 Sq Ft
$172/Sq Ft Est. Value

Last Sold December 12, 2018

Last sale price $137,000 $103 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,466/month

56 Days on Market

Highlights

  • Second Kitchen
  • No HOA
  • Back and Side Yard
  • Traditional Architecture
  • 2 Car Detached Garage
  • Downtown Location

About This Home

As of December 2018

Very nice 2 unit. Both units remodeled. 1st floor unit w/recessed lights, spacious kitchen, 1st floor laundry. Tenant pays $680, which includes all utilities. This is a modest rent including utilities. Meters are separate, so tenant could pay their own utilities. 2nd floor unit is owner occupied, so rent is projected. Unit was just remodeled. Living room has gas fireplace which needs a propane tank. Recessed lights, ceiling fan, spacious kitchen, laundry. Spacious bath. Access to 3rd floor for storage. Basement access is from outside. 2 car detached garage could be rented, has electric. Nice rear yard. Property is well cared for, updated & in good condition. 24 hour notice required.

Last Agent to Sell the Property

Randal Kline

Kingsway Realty - Ephrata License #RM041524B Listed on: 09/06/2018

Last Buyer's Agent

Jim Bull

Pine Creek Real Estate, Inc. License #RS311759

Pine Creek Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,374

Year Built

  • Built in 1945 | Remodeled in 2016

Lot Details

  • 2,614 Sq Ft Lot
  • Downtown Location
  • Landscaped
  • Level Lot
  • Back and Side Yard
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage
  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • Ceiling Fan
  • Vinyl Clad Windows
  • Combination Kitchen and Dining Room
  • Stacked Washer and Dryer
  • Basement

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Electric Oven or Range

Flooring

  • Carpet
  • Laminate
  • Concrete

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • 200+ Amp Service
  • 100 Amp Service
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • The owner pays for electricity, trash collection, water
  • Assessor Parcel Number 260-80983-0-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 3-Story Building

Building Details

  • Insurance Expense $400
  • Operating Expense $3,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,374

Year Built

Built in 1945 | Remodeled in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: No propane tank for 2nd floor fireplace
  • Home Warranty: No
  • Inclusions: Both stackable washer and dryer units, both refrigerators
  • New Construction: No
  • Year Built: 1945
  • Year Renovated: 2016
  • Remarks Public: Very nice 2 unit. Both units remodeled. 1st floor unit w/recessed lights, spacious kitchen, 1st floor laundry. Tenant pays $680, which includes all utilities. This is a modest rent including utilities. Meters are separate, so tenant could pay their own utilities. 2nd floor unit is owner occupied, so rent is projected. Unit was just remodeled. Living room has gas fireplace which needs a propane tank. Recessed lights, ceiling fan, spacious kitchen, laundry. Spacious bath. Access to 3rd floor for storage. Basement access is from outside. 2 car detached garage could be rented, has electric. Nice rear yard. Property is well cared for, updated & in good condition. 24 hour notice required.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Carpet, Concrete, Laminated
  • Interior Amenities: 2nd Kitchen, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Kitchen - Eat-In
  • Window Features: Vinyl Clad
  • Fireplace: No
  • Foundation Details: Slab
  • Room Count: 4
  • Basement: Yes
  • Total Sq Ft: 1950
  • Living Area Sq Ft: 1332
  • Price Per Sq Ft: 105.11
  • Above Grade Finished Sq Ft: 1332
  • Below Grade Sq Ft: 618
  • Total Below Grade Sq Ft: 618
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 310

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Roof: Composite, Shingle
  • 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
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Monthly Average Electric: 150
  • Electric Service: 100 Amp Service, 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Electric, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 74200.00
  • Land Assessed Value: 35600.00
  • Lot Features: Landscaping, Level, Rear Yard, Road Frontage, Sideyard(s), Sloping
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Property Condition: Good
  • Zoning: RESIDENTIAL

Rental Info

  • Owner Pays: Electricity, Trash Collection, Water
  • Rent Control: No
  • Total Actual Rent: 16320.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4026642
  • School Tax: 1861.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2374.00
  • Assessor Parcel Number: 260-80983-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 12/12/2018

Multi Family

  • Gross Income: 16320.00
  • Operating Expense: 3600.00
  • Other Units: Unit 1,Unit 2
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: EPHRATA AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2018
Closed on
Dec 12, 2018
Sold by
Welsch Jeremy L
Bought by
Lapp Samuel K
Seller's Agent
Randal Kline
Kingsway Realty - Ephrata
Buyer's Agent
Jim Bull
Pine Creek Real Estate, Inc.
List Price
$148,800
Sold Price
$137,000
Premium/Discount to List
-$11,800
-7.93%
Current Estimated Value
$228,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,819
Avg. Annual Appreciation
8.01%

Purchase Details

Closed on
Feb 4, 2003
Sold by
Lapp Amos J and Lapp Jonna C
Bought by
Welsch Jeremy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,333
Interest Rate
5.98%
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
Lapp Samuel K $137,000 None Available
Welsch Jeremy L $85,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Welsch Jeremy L $10,000
Previous Owner Welsch Jeremy L $84,333
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2018 12/12/18 Sold $137,000 -2.1% $103 / Sq Ft
11/01/2018 11/01/18 Pending -- -- --
10/08/2018 10/08/18 Price Changed $140,000 -5.9% $105 / Sq Ft
09/06/2018 09/06/18 For Sale $148,800 -- $112 / 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 $2,633 $109,800 $35,600 $74,200
2023 $2,568 $109,800 $35,600 $74,200
2022 $2,459 $109,800 $35,600 $74,200
2021 $2,407 $109,800 $35,600 $74,200
2020 $2,407 $109,800 $35,600 $74,200
2019 $2,374 $109,800 $35,600 $74,200
2018 $1,734 $109,800 $35,600 $74,200
2017 $2,252 $85,100 $26,900 $58,200
2016 $2,234 $85,100 $26,900 $58,200
2015 $494 $85,100 $26,900 $58,200
2014 $1,541 $85,100 $26,900 $58,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002609834

Bright MLS

APN: 260-80983-0-0000