NOT LISTED FOR SALE

806 Main St Akron, PA 17501

Estimated Value: $395,409

3 Beds
2 Baths
1,248 Sq Ft
$317/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $367,420 $294 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,656/month

68 Days on Market

Highlights

  • Traditional Architecture
  • 6 Car Detached Garage
  • Central Air
  • No HOA
  • Parking Storage or Cabinetry
  • Radiator

About This Home

As of October 2023

Commercially zoned property with immense potential for home based business, or investment property. Home could be converted into two units, with permission from Borough - home was previously a 2-unit anc could be restored to 2-unit status. Property consists of 3 buildings:
* Home that was formerly a 2-unit residence, still has the layout of a 2-unit (full bath on each floor, electric and plumbing are run separately), and could be restored to a 2-unit, which current zoning allows by special exception.
* 48x30x12 heated garage, with 10hx9w door
* Office building with 5 large professional offices + break room
Property needs some updating, but has enormous potential for forced appreciation and cash flow.

Last Agent to Sell the Property

Thom Smucker

Berlanco Realty Listed on: 06/07/2023

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,003

Year Built

  • Built in 1920

Lot Details

  • 0.31 Acre Lot
  • Property is zoned C-M COMMERCIAL MIXED, Mixed-Use Commercial

Parking

  • 6 Car Detached Garage
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Masonry

Interior Spaces

  • 1,248 Sq Ft Home
  • Property has 2 Levels
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Akron Borough Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020-87054-0-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,003

Year Built

Built in 1920

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1920
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Stone
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished, Full
  • Total Sq Ft: 1248
  • Living Area Sq Ft: 1248
  • Price Per Sq Ft: 332.53
  • Above Grade Finished Sq Ft: 1248
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 806

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 6.00
  • Garage: Yes
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 6
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: EPHRATA AREA
  • School District Key: 300200397381
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 575
  • Lot Size Acres: 0.31
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13504.00
  • Year Assessed: 2023
  • Zoning: C-M COMMERCIAL MIXED
  • Zoning Description: Mixed-Use Commercial

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 4533.00
  • Tax Annual Amount: 6003.00
  • Assessor Parcel Number: 020-87054-0-0000
  • Tax Total Finished Sq Ft: 1248
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/16/2023

MLS Schools

  • School District Name: EPHRATA AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Oct 11, 2023
Sold by
Sollenberger Philip E and Sollenberger Patricia S
Bought by
Cochran & Cochran Properties Llc
Seller's Agent
Thom Smucker
Berlanco Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$415,000
Sold Price
$367,420
Premium/Discount to List
-$47,580
-11.47%
Views
221
Current Estimated Value
$395,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,989
Avg. Annual Appreciation
3.98%
Original Mortgage
$293,936
Outstanding Balance
$288,486
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$106,923

Purchase Details

Closed on
Jan 12, 2001
Sold by
Martin Richard S and Martin Susan J
Bought by
Sollenberger Philip E and Sollenberger Patricia S
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
Cochran & Cochran Properties Llc $367,420 None Listed On Document
Sollenberger Philip E $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cochran & Cochran Properties Llc $293,936
Previous Owner Sollenberger Philip E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $367,420 -11.5% $294 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $415,000 -- $333 / 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 $6,225 $248,700 $60,900 $187,800
2024 $6,225 $248,700 $60,900 $187,800
2023 $6,004 $248,700 $60,900 $187,800
2022 $5,877 $248,700 $60,900 $187,800
2021 $5,760 $248,700 $60,900 $187,800
2020 $5,760 $248,700 $60,900 $187,800
2019 $5,686 $248,700 $60,900 $187,800
2018 $4,215 $248,700 $60,900 $187,800
2017 $5,821 $216,100 $56,900 $159,200
2016 $5,821 $216,100 $56,900 $159,200
2015 $1,401 $216,100 $56,900 $159,200
2014 $4,236 $216,100 $56,900 $159,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2036104

Bright MLS

APN: 020-87054-0-0000