NOT LISTED FOR SALE

Estimated Value: $142,000 - $263,000

6 Beds
4 Baths
560 Sq Ft
$363/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $205,000 $366 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,185/month

11 Days on Market

About This Home

As of September 2020

Addresses for property are: 1, 2, and 3 Catasauqua Ave. Excellent investment opportunity. G.I. $27,600, N.I. $21,100, 10+% cap rate. 3 separate townhouses, all 2 BR, separate utilities. Long term tenants, upgrades throughout, easy to maintain, low taxes. Conveniently located to major roads and malls for shopping.
Seller to provide clear C/O

Last Agent to Sell the Property

Louie Falco

Rudy Amelio Real Estate Listed on: 07/30/2020

Rudy Amelio Real Estate

Last Buyer's Agent

Afif Salloum

Realty One Group Supreme

Realty One Group Supreme

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,819

Year Built

  • Built in 1854

Lot Details

  • 1,133

Home Design

  • Brick or Stone Veneer
  • Stucco Exterior

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Gas
  • Shared Water Source
  • Well

Additional Features

  • 2.5-Story Property
  • Lot Dimensions are 42 x 80

Listing and Financial Details

  • Assessor Parcel Number 640738359945

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $420
  • Insurance Expense $1,051
  • Trash Expense $882
  • Water Sewer Expense $600
  • Operating Expense $6,482
  • Gross Income $27,600
  • Net Operating Income $21,118

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,819

Year Built

Built in 1854

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row/Townhouse
  • County Assessment: 137600.00
  • Stories: 2.5
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1854
  • Special Features: None

Interior Features

  • Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 6

Exterior Features

  • Construction: Brickote, Stucco

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Gas
  • Sewer: Public
  • Water: Shared, Well
  • Electric: 420
  • Insurance: 1051
  • Trash Removal: 882
  • Water Sewer: 600

Fee Information

  • Operating Expense: 6482

Lot Info

  • Lot Dimensions: 42 x 80
  • Zoning Code: R-4 MHD

Tax Info

  • Assessor Parcel Number: 640738359945
  • County Taxes: 520.13
  • Municipal Taxes: 522.88
  • Total Taxes: 3818.54

Multi Family

  • School Taxes: 2775.53
  • Total Units: 3
  • Total Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Sep 18, 2020
Sold by
Amelio Rudolph G and Falco Louis J
Bought by
Gk Investment Properties Llc
Seller's Agent
Louie Falco
Rudy Amelio Real Estate
Buyer's Agent
Afif Salloum
Realty One Group Supreme
List Price
$215,000
Sold Price
$205,000
Premium/Discount to List
-$10,000
-4.65%
Current Estimated Value
$203,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,667
Avg. Annual Appreciation
-0.16%
Original Mortgage
$153,750
Outstanding Balance
$136,133
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$67,200

Purchase Details

Closed on
May 10, 2004
Sold by
Amelio Rudolph G and Falco Louis J
Bought by
Amelio Rudolph G and Falco Louis J

Purchase Details

Closed on
May 10, 1991
Sold by
Wambold Catherine A
Bought by
Kuntzweiler Valery J

Purchase Details

Closed on
Jun 30, 1967
Bought by
Wambold Catherine A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gk Investment Properties Llc $205,000 None Available
Amelio Rudolph G -- --
Kuntzweiler Valery J $16,000 --
Wambold Catherine A $1,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gk Investment Properties Llc $153,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $205,000 -2.4% $366 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
08/05/2020 08/05/20 Price Changed $210,000 -2.3% $375 / Sq Ft
07/30/2020 07/30/20 For Sale $215,000 -- $384 / Sq Ft
Source: Greater Lehigh Valley 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 $1,328 $45,300 $5,800 $39,500
2024 $1,284 $45,300 $5,800 $39,500
2023 $1,257 $45,300 $5,800 $39,500
2022 $1,229 $45,300 $39,500 $5,800
2021 $1,208 $45,300 $5,800 $39,500
2020 $1,162 $45,300 $5,800 $39,500
2019 $1,071 $45,300 $5,800 $39,500
2018 $1,043 $45,300 $5,800 $39,500
2017 $1,024 $45,300 $5,800 $39,500
2016 -- $45,300 $5,800 $39,500
2015 -- $45,300 $5,800 $39,500
2014 -- $45,300 $5,800 $39,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 643447

Greater Lehigh Valley REALTORS®

APN: 640738359945-1