Sold
Last Sold Price
2,736 sqft$65/sqft
514 Gristmill Rd, Ephrata, PA 17522
Multi FamilyProperty Type
0.51 acresLot Size
1860Year Built
$65/sq ftPrice per sq ft
12 carsParking Spaces

Description

Great income producing 2 unit in the heart of Martindale! Beautiful redone interior! Live in one and rent the other. Tenants pay everything but taxes and insurance.Great income producing 2 unit in the heart of Martindale! Beautiful redone interior! Live in one and rent the other. Tenants pay everything but taxes and insurance.
  • Listed by: Jacob D. Fisher 717.587.2481 jake@hostetterrealty.com • Hostetter Realty
  • Listed by: Kore J. Fisher 717.587.2539 korefisher@gmail.com • Hostetter Realty
Listing closed: 04/22/2019 12:00 AM • Source: BRIGHT, MLS#: PALA124124

Recent comparable sales

Median sold price

$287,000

Avg days on market

34

Sale-to-list ratio

113.4%

Ephrata, PA

9 comparable properties found

$295,000 | 211 North State Street, Ephrata, PA 17522
1/17
1

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Sold 02/07/25

Unavailable
Bedrooms
Unavailable
Bathrooms
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Square Feet
0.09
Acres
$287,000 | 50-52 & 52-a Gross Street, Ephrata, PA 17522
1/72
2

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Sold 09/11/26

Unavailable
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Unavailable
Bathrooms
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Square Feet
0.21
Acres
a view of a house with wooden deck
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3

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Sold 11/07/25

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Square Feet
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Acres
$210,000 | 81-83 G Street Northeast, Ephrata, WA 98823
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Unavailable
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$324,000 | 240 West Main Street, Ephrata, PA 17522
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Unavailable
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Unavailable
Bathrooms
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Square Feet
0.29
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a front view of a house with a yard
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Sold 10/10/25

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Unavailable
Bathrooms
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Square Feet
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Sold 01/16/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.47
Acres
$400,000 | 17 Linda Ridge Loop, Ephrata, WA 98823
1/2
8

$400,000

Sold 10/18/24

Unavailable
Bedrooms
Unavailable
Bathrooms
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Square Feet
0.19
Acres
$273,000 | 226 North State Street, Ephrata, PA 17522
1/35
9

$273,000

Sold 02/14/25

Unavailable
Bedrooms
Unavailable
Bathrooms
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Square Feet
0.1
Acres

Location

Listing Courtesy of Hostetter Realty

Sold By Kingsway Realty

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Property Information for 514 Gristmill Road

Property Details
  • Taxes: $3,832 / year
  • MLS Type: Multi-Family / Fee Simple
  • Tax ID Number: 190-00826-0-0000
  • Ownership: Fee Simple
  • HOA: No
  • Structure Type: Twin/Semi-Detached
  • Style: Dwelling w/Separate Living Area
  • Waterfront: No
  • Garage: No
  • Municipality: EARL TWP
  • Total Parking Spaces: 6
  • Central Air: No
  • Basement: Yes
  • Above Grade Finished SQFT: 2,736.00
  • Above Grade Fin SQFT Source: Assessor
  • Below Grade Finished SQFT: .00
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Unfinished SQFT: .00
  • Below Grade Unfin SQFT Source: Assessor
  • Total Below Grade SQFT: .00
  • Total Below Grade SQFT Source: Assessor
  • New Construction: No
  • Property Condition: Good
Building Information
  • Residences: 2
  • Year Built: 1860
  • Lot Size: 0.51 AC / 22,216 SF
Location
Location
  • School District Name: EASTERN LANCASTER COUNTY
  • School District County ID: 300200397372
  • SchoolDistrictSource: Listing Agent
  • County: LANCASTER
  • MLS Area: Earl Twp (10519)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2020
  • Tax Assessed Value: $232,800
  • Year Assessed: 2020
  • County Tax: $678
  • Improvement Assessed Value: $167,700
  • City Town Tax: $228
  • Land Assessed Value: $65,100
  • Clean Green Assessed: No
  • Land Use Code: 114
  • Zoning: RESIDENTIAL
  • School Tax: $2,927
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: Yes
Lease Information
Lease Information
  • Owner Pays: None
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 2
  • Other Units: Unit 1,Unit 2
  • Units Leased Count: 2
  • Number Of Units Vacant: 0
  • Vacancy Allowance Rate: .00%
  • Number Of Units Month To Month: 2
  • Rent Control: Yes
Financial Information
Expenses
  • Operating Expense Includes: Insurance
  • Insurance Expense: $1,100
  • Other Expense: $3,789
Financial Information
  • Gross Income: $22,260
  • Gross Scheduled Income: $22,260
  • Net Operating Income: $17,371
  • Annual Rental Income: $22,260
  • Income Includes: Apartment Rentals
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Level Count: 2
  • Building Units Total: 2
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Features: Cleared, No Thru Street, Rear Yard
  • Road Surface Type: Paved
  • Road Responsibility: Boro/Township
  • Parcel ID: 4008382
Parking
Parking
  • Type Of Parking: Off Street, Parking Lot
  • Total Non-Garage Parking Spaces: 6
  • Parking Features: General Common Elements
Interior Features
Interior Features
  • Fireplace: No
  • Fireplaces Count: 0
  • Appliances: Oven/Range - Electric, Refrigerator, Water Heater
  • Accessibility Features: Other
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector
  • Door Features: Insulated
  • Window Features: Insulated, Replacement
Exterior Features
Exterior Features
  • Exterior Features: Outbuilding(s), Sidewalks
  • Outdoor Living Structures: Porch(es)
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Electric Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Well
  • Sewer Septic: On Site Septic
  • Electric Service: 100 Amp Service

Property History for 514 Gristmill Road

DateEvent & SourcePriceAppreciation
Apr 22, 2019

Closed (Public Record)

Public Record #643140925

$179,000

+4.0% / yr

Apr 22, 2019

Closed

BRIGHT #PALA124124

$179,000
Mar 23, 2019

Pending

BRIGHT #PALA124124

DateEvent & SourcePrice
04/22/2019

Closed (Public Record)

Public Record #643140925

$179,000

+4.0% / yr

04/22/2019

Closed

BRIGHT #PALA124124

$179,000
03/23/2019

Pending

BRIGHT #PALA124124

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 514 Gristmill Road

Taxable ValueLand$65,100Additions$167,700Total$232,800
Tax Record2026$4,324 ($360 / month)
Home Facts
Beds6Baths2Total Finished SqFt2,736 SqFtAbove Grade Finished SqFt2,736 SqFtStories2Lot Size22,216 SqFtStyleSingle Family ResidenceYear Built1860ZoningRRCountyLANCASTERAPN190-00826-0-0000

Schools near 514 Gristmill Road

This home is within Eastern Lancaster County School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
New Holland Elementary School
PublicK to 6

Garden Spot Middle School
Public7 to 8

Garden Spot Senior High School
Public9 to 12

Brecknock El School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 514 Gristmill Road, Ephrata, PA 17522
$179,000
2,736
22,216
$129,000
3
1
1,023
11,326
$215,000
3
1
1,146
39,204
3
1,860
10,890
$282,000
7,529
3
2
1,360
11,326

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hostetter Realty

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.