NOT LISTED FOR SALE

553 E Main St Ephrata, PA 17522

Estimated Value: $302,000 - $393,000

-- Bed
4 Baths
2,586 Sq Ft
$133/Sq Ft Est. Value

Last Sold September 23, 2013

Last sale price $132,000 $51 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $2,211/month

77 Days on Market

Highlights

  • No HOA
  • Window Unit Cooling System
  • Outdoor Storage
  • Detached Garage
  • Parking Storage or Cabinetry
  • Heating Available

About This Home

As of September 2013

2 Unit Rental, 1 side has 2 bedrooms, other side has 3 bedrooms each with 2 bathrooms and a garage. Rent both sides or live in one and rent the other. Tenant pays electric, trash removal and heat. Preview open houses at Lancasteropenhouses.com

Last Agent to Sell the Property

Clayton Zimmerman

Berkshire Hathaway HomeServices Homesale Realty License #LCAOR:01031 Listed on: 06/13/2013

Last Buyer's Agent

David Buckwalter

Town & Country Realty - Lancaster License #LCAOR:00965

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 99x80x93x75

Home Design

  • Converted Dwelling
  • Poured Concrete
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Attic

  • Storage In Attic

Parking

  • Detached Garage
  • Parking Storage or Cabinetry
  • On-Street Parking
  • Off-Street Parking

Schools

  • Fulton Elementary School
  • Ephrata Middle School
  • Ephrata High School

Utilities

  • Window Unit Cooling System
  • Heating Available
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Exterior Basement Entry
  • Outdoor Storage

Listing and Financial Details

  • Tenant pays for heat, trash removal, electricity
  • Assessor Parcel Number 206432300000

Community Details

Overview

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

Building Details

  • Income includes apartment rentals
  • Insurance Expense $780
  • Operating Expense $1,980
  • Net Operating Income $11,906

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Converted Dwelling
  • Current Use: Office
  • New Construction: No
  • Storage: Attic, Garage
  • Year Built: 1900
  • Remarks Public: 2 Unit Rental, 1 side has 2 bedrooms, other side has 3 bedrooms each with 2 bathrooms and a garage. Rent both sides or live in one and rent the other. Tenant pays electric, trash removal and heat. Preview open houses at Lancasteropenhouses.com
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Outside Entrance, Unfinished
  • Street Number Modifier: 553-555

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Secure Storage
  • Roof: Composite, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Type Of Parking: Off Street, On Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Electric Service: 100 Amp Service
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1200.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: EPHRATA AREA
  • Elementary School: FULTON
  • Middle School: EPHRATA
  • High School: EPHRATA
  • School District Key: 300200397381
  • Elementary School: FULTON
  • High School: EPHRATA
  • Middle Or Junior School: EPHRATA

Lot Info

  • Land Use Code: NCD
  • Lot Size Acres: 0.17
  • Lot Dimensions: 99x80x93x75
  • Zoning: COMM DIST
  • Zoning Description: Commercial,Residential
  • In City Limits: Yes

Rental Info

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

Tax Info

  • School Tax: 2618.56
  • Tax Annual Amount: 3394.10
  • Assessor Parcel Number: 206432300000
  • County Tax Payment Frequency: Annually
  • Close Date: 09/23/2013

Multi Family

  • Gross Income: 17280.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 1980.00
  • 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

Closed on
Nov 29, 2021
Sold by
Riehl Paul K and Riehl Naomi S
Bought by
Smucker Mervin B
Current Estimated Value
$343,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,450
Outstanding Balance
$169,860
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$173,428

Purchase Details

Listed on
Jun 13, 2013
Closed on
Sep 23, 2013
Sold by
Yocum Denise and Estate Of John C Yocum
Bought by
Riehl Paul K and Riehl Naomi S
Seller's Agent
Clayton Zimmerman
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
David Buckwalter
Town & Country Realty - Lancaster
List Price
$149,900
Sold Price
$132,000
Premium/Discount to List
-$17,900
-11.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%
Original Mortgage
$125,000
Interest Rate
4.56%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 21, 2013
Sold by
Yocum Denise and The Estate Of John C Yocum
Bought by
Yocum Denise
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
Smucker Mervin B $217,000 Regal Abstract Lancaster
Riehl Paul K $132,000 None Available
Yocum Denise -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smucker Mervin B $184,450
Previous Owner Riehl Paul K $100,000
Previous Owner Riehl Paul K $235,000
Previous Owner Riehl Paul K $66,500
Previous Owner Riehl Paul K $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2013 09/23/13 Sold $132,000 -11.9% $51 / Sq Ft
08/29/2013 08/29/13 Pending -- -- --
06/13/2013 06/13/13 For Sale $149,900 -- $58 / 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 $4,089 $170,500 $44,700 $125,800
2024 $4,089 $170,500 $44,700 $125,800
2023 $3,988 $170,500 $44,700 $125,800
2022 $3,818 $170,500 $44,700 $125,800
2021 $3,738 $170,500 $44,700 $125,800
2020 $3,738 $170,500 $44,700 $125,800
2019 $3,687 $170,500 $44,700 $125,800
2018 $4,371 $170,500 $44,700 $125,800
2017 $3,536 $133,600 $37,700 $95,900
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Clayton Zimmerman

    Berkshire Hathaway HomeServices Homesale Realty

  • D

    Buyer's Agent in 2013

    David Buckwalter

    Town & Country Realty - Lancaster

See All Agents

Map

Source: Bright MLS

MLS Number: 1002729603

Bright MLS

APN: 260-64323-0-0000

Pennsylvania Lancaster County Ephrata 17522

553 E Main St, Ephrata, PA

This home is located at 553 E Main St, Ephrata, PA 17522 since 13 June 2013 and is currently estimated at $343,288, approximately $132 per square foot. This property was built in 1900. 553 E 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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