NOT LISTED FOR SALE

55 Central Ave Wellsboro, PA 16901

Estimated Value: $223,000 - $344,486

8 Beds
4 Baths
3,853 Sq Ft
$71/Sq Ft Est. Value

Sale Details

Date Sold: April 30, 2020

Last sale price $165,000 $43 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,870 / mo

216 Days on Market

Highlights

  • No HOA
  • 2 Car Garage
  • Baseboard Heating
  • Covered Patio or Porch
  • Forced Air Heating System
  • Level Lot

About This Home

As of April 2020

Lots of possibilities with this income producing property located in downtown Wellsboro! Take a look at this Victorian home currently utilized as a duplex yet easily converted back into a single family dwelling. Live in the front single family, and let the additional separate two apartments in the back pay the mortgage. Ideal location for walking to the hospital, elementary schools, and downtown Wellsboro mean this investment property is normally fully occupied and attracts wonderful tenants. There is a large and flat backyard bordered by a nice stream and located just at the beginning of the Wellsboro Historic gas lit boulevard. Take a look today!

Last Agent to Sell the Property

John Johnston

Penn Oak Realty Brokerage Phone: 5707248000 License #RS329010 Listed on: 09/24/2019

Last Buyer's Agent

John Johnston

Penn Oak Realty Brokerage Phone: 5707248000 License #RS329010 Listed on: 09/24/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1876

Lot Details

  • 20,909 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Carport

Home Design

  • Block Foundation
  • Stone Foundation
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,853 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Water Heater

Listing and Financial Details

  • Total Actual Rent $2,845
  • Assessor Parcel Number 00018264

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1876

Lot Details

0.48 Acres

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.48
  • Lot Size: .48
  • Road Surface Type: Paved
  • Directions: From Wellsboro: follow Central Ave (Route 287 North) approx. 3 blocks, see sign
  • Architectural Style: Multi-Family
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1876
  • Attribution Contact: 5707248000
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Has Basement: Partial
  • Total Bedrooms: 8
  • Living Area: 3853

Exterior Features

  • Lot Features: In Town
  • Topography: Level
  • Construction Type: Vinyl Siding
  • Foundation Details: Block, Stone, Slab
  • Patio And Porch Features: Covered
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Attached, Detached, 2 Car Garage, Carport
  • Total Parking Spaces: 2

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Baseboard, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers, WECO
  • Sewer: Public Sewer
  • Water Source: Public
  • Gas: UGI

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Wellsboro Area

Lot Info

  • Lot Size Sq Ft: 20908.8
  • Farm Land Area Units: Square Feet
  • Parcel #: 00018264
  • ResoLotSizeUnits: SquareFeet

Green Features

Rental Info

  • Lease Term: Month-To-Month

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 2845
  • Above Grade Finished Area Units: Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3

Tax Info

  • Tax Annual Amount: 5817
  • Tax Map Number: 39/05A00/008.//000
  • Tax Year: 2019
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2020 04/30/20 Sold $165,000 +22658.6% $43 / Sq Ft
04/29/2020 04/29/20 Pending -- -- --
04/01/2020 04/01/20 Rented $725 0.0% --
03/10/2020 03/10/20 Under Contract -- -- --
02/25/2020 02/25/20 For Rent $725 0.0% --
09/25/2019 09/25/19 For Sale $179,900 -- $47 / Sq Ft
Source: North Central Penn Board of REALTORS®

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
2026 $5,035 $262,610 $28,730 $233,880
2025 $4,765 $262,610 $28,730 $233,880
2024 $6,927 $262,610 $28,730 $233,880
2023 $4,846 $147,340 $25,810 $121,530
2022 $4,848 $147,340 $25,810 $121,530
2021 $4,795 $147,340 $25,810 $121,530
2020 $4,799 $147,340 $25,810 $121,530
2019 $2,429 $147,340 $25,810 $121,530
2018 $4,608 $147,340 $25,810 $121,530
2017 -- $147,340 $25,810 $121,530
2016 $4,552 $147,340 $25,810 $121,530
2015 -- $147,340 $25,810 $121,530
2014 -- $147,340 $25,810 $121,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Central Penn Board of REALTORS®

MLS Number: 133414

APN: 39-05A00-009

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