NOT LISTED FOR SALE

58 N Main St Union City, PA 16438

Estimated Value: $320,222

10 Beds
-- Bath
8,160 Sq Ft
$39/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $185,000 $23 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,099/month

73 Days on Market

About This Home

As of December 2021

This investment property is completely rented. Store front is a flower shop, Business is not included in the sale of the building. Great rental history. Newer roof Well Maintained Building. Newer heating system in one of the units along with a new hot water tank. Many updates from a $40,000 grant to improve the building. Possible more grant money available to apply for more upgrades.

Last Agent to Sell the Property

Crystal Ellsworth

Marsha Marsh RES Peach License #RS297640 Listed on: 07/19/2021

Last Buyer's Agent

Brandon Penn

RE/MAX Lakeland Realty - Erie License #RS324868

RE/MAX Lakeland Realty - Erie

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 9,017 Sq Ft Lot
  • Lot Dimensions are 61x150x61x0

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 10 Bedrooms
  • 8,160 Sq Ft Home
  • 2-Story Property

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 42-007-015.0-043.00

Community Details

Overview

  • 7 Units

Building Details

  • Insurance Expense $758
  • Maintenance Expense $3,500
  • Water Sewer Expense $1,745

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: from West on Route 6 to Union City to right on Route 8 to building.
  • Lot Size Acres: 0.207
  • Road Surface Type: Paved
  • Co List Office Phone: (814) 866-8840
  • MLS Status: Closed
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Living Area: 8160.0
  • Year Built Details: Actual
  • Year Built: 1950
  • Tax Year: 2021
  • Special Features: None
  • Year Built: 1950

Interior Features

  • Total Bedrooms: 10
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Block

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Attached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Fuel
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Insurance Expense: 758.0
  • Annual Water Sewer Expense: 1745.0

Schools

  • Junior High Dist: Union City

Lot Info

  • Parcel Number: 42-007-015.0-043.00
  • Zoning: C
  • Lot Dimensions: 61x150x61x0
  • ResoLotSizeUnits: Acres
  • Zoning Description: C-BUS
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 7
  • Number Of Units Total: 7
  • Maintenance Expense: 3500.0

Tax Info

  • Tax Annual Amount: 4666.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2021
Closed on
Dec 29, 2021
Sold by
Kingdom Developers
Bought by
Lakeside Rental Properties Llc
Seller's Agent
Crystal Ellsworth
Marsha Marsh RES Peach
Buyer's Agent
Brandon Penn
RE/MAX Lakeland Realty - Erie
List Price
$225,000
Sold Price
$185,000
Premium/Discount to List
-$40,000
-17.78%
Current Estimated Value
$320,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,222
Avg. Annual Appreciation
15.32%
Original Mortgage
$148,000
Outstanding Balance
$136,400
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$183,822

Purchase Details

Closed on
Dec 6, 2012
Sold by
Campbell Raymond M and Campbell Nancy R
Bought by
Kingdom Developers

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 23, 1999
Sold by
Combs Ronald L and Combs Patricia
Bought by
Campbell Raymond M and Campbell Nancy R
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
Lakeside Rental Properties Llc $185,000 None Listed On Document
Kingdom Developers $179,900 None Available
Campbell Raymond M $180,000 --
Lakeside Rental Properties Llc $185,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lakeside Rental Properties Llc $148,000
Previous Owner Kingdom Developers $120,000
Closed Lakeside Rental Properties Llc $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2021 12/22/21 Sold $185,000 -7.5% $23 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
08/30/2021 08/30/21 Price Changed $200,000 -11.1% $25 / Sq Ft
07/19/2021 07/19/21 For Sale $225,000 -- $28 / Sq Ft
Source: Greater Erie Board of REALTORS®

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 $5,039 $177,500 $11,300 $166,200
2024 $5,039 $177,500 $11,300 $166,200
2023 $4,722 $177,500 $11,300 $166,200
2022 $4,666 $177,500 $11,300 $166,200
2021 $4,718 $177,500 $11,300 $166,200
2020 $4,469 $177,500 $11,300 $166,200
2019 $4,436 $177,500 $11,300 $166,200
2018 $4,407 $177,500 $11,300 $166,200
2017 $4,338 $177,500 $11,300 $166,200
2016 $4,727 $177,500 $11,300 $166,200
2015 $4,682 $177,500 $11,300 $166,200
2014 $2,826 $177,500 $11,300 $166,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Erie Board of REALTORS®

MLS Number: 158042

Greater Erie Board of REALTORS®

APN: 42-007-015.0-043.00