NOT LISTED FOR SALE

77 East Ave Wellsboro, PA 16901

Estimated Value: $139,528 - $171,000

3 Beds
3 Baths
1,830 Sq Ft
$88/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $95,000 $52 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,029/month

82 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 3-minute walk to Woodland Park
  • Enclosed Patio or Porch
  • Wood Siding

About This Home

As of April 2020

Income Producing Property! Great investment conveniently located within walking distance to downtown Wellsboro. Easy access to schools, doctors, shopping, restaurants, entertainment and more! Property features 3 rental units that are currently rented out sitting on a large in town double lot. Well maintained with newer windows, flooring, and roof. New high efficiency furnace installed on 3/14/18. Large paved through way parking lot, giving access to the property from both East Avenue and Cortland street. Tenant occupied, 24 hours notice please!

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,756

Year Built

  • Built in 1901

Lot Details

  • 0.27

Home Design

  • Stone Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,830 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Dirt Floor

Parking

  • Driveway
  • Paved Parking
  • Open Parking

Utilities

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

Additional Features

  • Enclosed Patio or Porch
  • 0.27 Acre Lot

Listing and Financial Details

  • Total Actual Rent $1,700
  • Assessor Parcel Number 00017262

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,756

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.27
  • Road Surface Type: Paved
  • Directions: 77 East Avenue Wellsboro PA
  • Architectural Style: Multi-Family
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1901
  • Attribution Contact: 5707231600
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Has Basement: Full, Dirt Floor
  • Total Bedrooms: 3
  • Living Area: 1830

Exterior Features

  • Lot Features: In Town
  • Topography: Level,Rolling
  • Construction Type: Wood Siding
  • Foundation Details: Stone
  • Patio And Porch Features: Covered, Enclosed
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Driveway, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Electric, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers, Wellsboro Electric Co.
  • 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: 11761.2
  • Farm Land Area Units: Square Feet
  • Parcel #: 00017262
  • ResoLotSizeUnits: SquareFeet

Green Features

Rental Info

  • Lease Term: Yearly

Multi Family

  • Number Of Units Total: 3
  • Total Actual Rent: 1700
  • Above Grade Finished Area Units: Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 3

Tax Info

  • Tax Annual Amount: 1756
  • Tax Map Number: 39/09B00/028//000
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2020
Closed on
Apr 30, 2020
Sold by
Martin Deven C and Martin Chelsie
Bought by
Hiernan Hagen
List Price
$109,000
Sold Price
$95,000
Premium/Discount to List
-$14,000
-12.84%
Current Estimated Value
$160,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,632
Avg. Annual Appreciation
8.83%
Original Mortgage
$76,000
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 11, 2009
Sold by
Neff Peggy L and Furlong Nancy
Bought by
Martin Deven C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hiernan Hagen $93,500 None Available
Martin Deven C $94,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kiernan Hagen R $100,000
Closed Hiernan Hagen $76,000
Previous Owner Martin Deven C $75,000
Previous Owner Martin Deven C $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $95,000 -12.8% $52 / Sq Ft
03/31/2020 03/31/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $109,000 -- $60 / Sq Ft
Source: North Central Penn 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 $2,079 $114,570 $19,470 $95,100
2024 $3,022 $114,570 $19,470 $95,100
2023 $1,848 $56,170 $17,700 $38,470
2022 $1,848 $56,170 $17,700 $38,470
2021 $1,828 $56,170 $17,700 $38,470
2020 $1,830 $56,170 $17,700 $38,470
2019 $1,764 $56,170 $17,700 $38,470
2018 $1,757 $56,170 $17,700 $38,470
2017 -- $56,170 $17,700 $38,470
2016 $1,735 $56,170 $17,700 $38,470
2015 -- $56,170 $17,700 $38,470
2014 -- $56,170 $17,700 $38,470
Source: Public Records

Map

Source: North Central Penn Board of REALTORS®

MLS Number: 133769

APN: 39-09B00-028