NOT LISTED FOR SALE

81 East Ave Wellsboro, PA 16901

Estimated Value: $99,000 - $124,000

2 Beds
2 Baths
1,440 Sq Ft
$79/Sq Ft Est. Value

Last Sold May 01, 2017

Last sale price $59,500 $41 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $699/month

299 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Level Lot
  • Covered Patio or Porch
  • Asbestos
  • 3-minute walk to Woodland Park

About This Home

As of May 2017

Here is a great investment opportunity! Both units currently rented with proven long term tenants. There have been recent electrical, heating, and window upgrades. Very low taxes and great cash flow make for a positive return on investment.

Last Agent to Sell the Property

John Johnston

Penn Oak Realty Brokerage Phone: 5707248000 License #RS329010 Listed on: 07/05/2016

Last Buyer's Agent

Joan Miller

RE/MAX First License #RS291703

RE/MAX First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,050

Year Built

  • Built in 1901

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Shingle Roof
  • Asbestos

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Total Actual Rent $785
  • Assessor Parcel Number 00017791

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,050

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Lot Size: .14
  • Road Surface Type: Paved
  • Directions: 81 East Ave
  • Architectural Style: Multi-Family
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1901
  • Attribution Contact: 5707248000
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Has Basement: Unfinished
  • Total Bedrooms: 2
  • Living Area: 1440

Exterior Features

  • Lot Features: In Town
  • Topography: Level
  • Construction Type: Asbestos
  • Foundation Details: Stone
  • Patio And Porch Features: Covered
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Electric, 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: 6098.4
  • Farm Land Area Units: Square Feet
  • Parcel #: 00017791
  • ResoLotSizeUnits: SquareFeet

Green Features

Rental Info

  • Lease Term: Yearly

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 785
  • Above Grade Finished Area Units: Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Tax Info

  • Tax Annual Amount: 1050
  • Tax Map Number: 39/09B00/030.//000
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2016
Closed on
Apr 26, 2017
Sold by
Devenport Craig R and Devenport April S
Bought by
Miller Caleb A
Seller's Agent
John Johnston
Penn Oak Realty
Buyer's Agent
Joan Miller
RE/MAX First
List Price
$64,900
Sold Price
$59,500
Premium/Discount to List
-$5,400
-8.32%
Current Estimated Value
$113,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,712
Avg. Annual Appreciation
7.98%
Original Mortgage
$65,000
Outstanding Balance
$54,476
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$58,736
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
Miller Caleb A $59,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Caleb A $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2017 05/01/17 Sold $59,500 -8.3% $41 / Sq Ft
04/01/2017 04/01/17 Pending -- -- --
07/05/2016 07/05/16 For Sale $64,900 -- $45 / 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 $1,143 $63,000 $14,280 $48,720
2024 $1,662 $63,000 $14,280 $48,720
2023 $1,123 $34,150 $10,000 $24,150
2022 $1,124 $34,150 $10,000 $24,150
2021 $1,111 $34,150 $10,000 $24,150
2020 $1,112 $34,150 $10,000 $24,150
2019 $231 $34,150 $10,000 $24,150
2018 $1,068 $34,150 $10,000 $24,150
2017 -- $33,910 $10,000 $23,910
2016 $1,048 $33,910 $10,000 $23,910
2015 -- $33,910 $10,000 $23,910
2014 -- $33,910 $10,000 $23,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Central Penn Board of REALTORS®

MLS Number: 128783

APN: 39-09B00-030