NOT LISTED FOR SALE

513 Main St Akron, PA 17501

Estimated Value: $231,000 - $341,000

-- Bed
3 Baths
2,898 Sq Ft
$105/Sq Ft Est. Value

Last Sold August 28, 2015

Last sale price $145,000 $50 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,918/month

About This Home

As of August 2015

Spacious Side by Side 2 Unit. One Unit nicely remodeled, other unit needs work. New Furnaces in 2008 & 2011. Tenants pay all utilities. Good net income. Remodeled unit includes stove, refrigerator, washer + dryer.

Last Agent to Sell the Property

Larry Burkholder

(717) 682-8349 larry@unruhrealty.com Unruh Realty, Inc. Listed on: 06/09/2015

Last Buyer's Agent

Nathan Hykes

(717) 898-8583 njhykes@gmail.com Manor West Realty License #RS297571

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.34 Acre Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Metal Roof
  • Aluminum Siding

Laundry

  • Washer and Dryer Hookup

Attic

  • Storage In Attic

Basement

  • Exterior Basement Entry
  • Dirt Floor

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • Akron Elementary School
  • Ephrata Middle School
  • Ephrata High School

Utilities

  • Radiator
  • 200+ Amp Service
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for heat, hot water, sewer, trash removal, electricity, water
  • Assessor Parcel Number 02-07066300000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Akron Borough Subdivision

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,200
  • Maintenance Expense $500
  • Operating Expense $1,700
  • Net Operating Income $11,842

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • New Construction: No
  • Storage: Attic, Basement
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Dirt Floor, Outside Entrance

Exterior Features

  • Construction Materials: Aluminum Siding
  • Construction Completed: No
  • 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
  • Electric Service: 100 Amp Service, 200+ Amp Service
  • Heating Type: Radiator, Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Size Acres: 0.34
  • Lot Dimensions: 62x252x60x241 m/l
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: RESI
  • Zoning Description: Residential
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 3976320
  • School Tax: 2965.39
  • Tax Annual Amount: 3924.51
  • Assessor Parcel Number: 02-07066300000
  • County Tax Payment Frequency: Annually

Multi Family

  • Gross Income: 17400.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 1700.00
  • 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
Jun 9, 2015
Closed on
Aug 24, 2015
Sold by
Ulrich Lawrence G and Ulrich Glenda A
Bought by
King Alvin L and King Hannah S
Seller's Agent
Larry Burkholder
Unruh Realty, Inc.
Buyer's Agent
Nathan Hykes
Manor West Realty
List Price
$162,900
Sold Price
$145,000
Premium/Discount to List
-$17,900
-10.99%
Current Estimated Value
$303,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,982
Avg. Annual Appreciation
7.54%
Original Mortgage
$108,750
Outstanding Balance
$85,647
Interest Rate
4.07%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$218,335

Purchase Details

Closed on
Sep 16, 2002
Sold by
Gingrich Mary Jane and Wenger Darla Ann
Bought by
Ulrich Lawrence G and Ulrich Glenda A
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
King Alvin L $145,000 Attorney
Ulrich Lawrence G $113,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Alvin L $108,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2015 08/28/15 Sold $145,000 -11.0% $50 / Sq Ft
08/03/2015 08/03/15 Pending -- -- --
06/09/2015 06/09/15 For Sale $162,900 -- $56 / 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 $3,920 $156,600 $52,800 $103,800
2024 $3,920 $156,600 $52,800 $103,800
2023 $3,780 $156,600 $52,800 $103,800
2022 $3,701 $156,600 $52,800 $103,800
2021 $3,627 $156,600 $52,800 $103,800
2020 $3,627 $156,600 $52,800 $103,800
2019 $3,580 $156,600 $52,800 $103,800
2018 $2,654 $156,600 $52,800 $103,800
2017 $3,184 $118,200 $35,900 $82,300
2016 $3,984 $147,900 $35,900 $112,000
2015 $959 $147,900 $35,900 $112,000
2014 $2,899 $147,900 $35,900 $112,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002736013

Bright MLS

APN: 020-70663-0-0000