NOT LISTED FOR SALE

Estimated Value: $196,000 - $235,000

3 Beds
2 Baths
1,505 Sq Ft
$139/Sq Ft Est. Value

Last Sold December 31, 2019

Last sale price $110,000 $73 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,132/month

38 Days on Market

About This Home

As of December 2019

ATTENTION INVESTORS! 10.8% CAP Rate!!!
Want to be a Real Estate investor? Looking for a Turn-Key Property? Here is a great opportunity to own a 2 unit in Easton. Great rental property and money maker that is fully rented out with the tenants paying all utilities and is minutes from major highways. Property being sold as-is. This property is a must-see! For investors looking to increase they're portfolio with several properties, please view MLS #'s 625075, 625161, 625113 & 625056.

Last Agent to Sell the Property

Cliff Lewis

Coldwell Banker Hearthside Listed on: 10/01/2019

Coldwell Banker Hearthside

Co-Listed By

Mike Dragotta

Coldwell Banker Hearthside

Last Buyer's Agent

Lisa Rice

IronValley RE of Lehigh Valley

IronValley RE of Lehigh Valley

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot

Home Design

  • 1,505 Sq Ft Home
  • Brick Exterior Construction
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Site Parking

Utilities

  • No Cooling
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number L9SE1D 28 19 0310

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,000
  • Trash Expense $200
  • Water Sewer Expense $600
  • Operating Expense $4,944
  • Gross Income $17,940
  • Net Operating Income $12,995

Property Details

Home Type

Apartment

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • Technology: Cable, Smk Detector Battery
  • County Assessment: 30800.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Square Footage: 1505

Exterior Features

  • Construction: Brick, Stone

Garage/Parking

  • Parking: Off Site
  • Parking Spaces: 2

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 1000
  • Trash Removal: 200
  • Water Sewer: 600

Fee Information

  • Operating Expense: 4944

Schools

  • School District: Easton

Lot Info

  • Acres: 0.050
  • Lot Sq Ft: 2178
  • Zoning Code: R-MD Residential Medium Density

Tax Info

  • Assessor Parcel Number: L9SE1D 28 19 0310
  • County Taxes: 332.64
  • Municipal Taxes: 768.46
  • Total Taxes: 3195.19

Multi Family

  • School Taxes: 2094.09
  • Total Units: 2
  • Total Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2019
Closed on
Dec 18, 2019
Sold by
1021 Butler Street Llc
Bought by
Mackes Jared
Seller's Agent
Cliff Lewis
Coldwell Banker Hearthside
Buyer's Agent
Lisa Rice
IronValley RE of Lehigh Valley
List Price
$120,000
Sold Price
$110,000
Premium/Discount to List
-$10,000
-8.33%
Current Estimated Value
$208,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,480
Avg. Annual Appreciation
11.89%
Original Mortgage
$85,000
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2018
Closed on
Nov 6, 2018
Sold by
Brun Shannon Le
Bought by
1021 Butler Street Llc
Seller's Agent
Jennifer de Jesus
Steel City Realty
Buyer's Agent
Mike Dragotta
Coldwell Banker Hearthside
List Price
$99,000
Sold Price
$96,000
Premium/Discount to List
-$3,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.68%

Purchase Details

Listed on
Dec 1, 2013
Closed on
Dec 13, 2013
Sold by
Marangi Brian
Bought by
Paladino Juanita
Seller's Agent
Kenneth Palumbo
HowardHanna TheFrederickGroup
Buyer's Agent
Jennifer de Jesus
Steel City Realty
List Price
$75,000
Sold Price
$80,000
Premium/Discount to List
$5,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.78%
Original Mortgage
$60,000
Interest Rate
4.35%
Mortgage Type
New Conventional
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
Mackes Jared $110,000 Edge Abstract
1021 Butler Street Llc $96,000 None Available
Paladino Juanita $80,000 First Amer Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mackes Jared $135,000
Closed Mackes Jared $85,000
Previous Owner Paladino Juanita $60,000
Previous Owner Solely Brian Marangi $96,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2019 12/31/19 Sold $110,000 -8.3% $73 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
10/01/2019 10/01/19 For Sale $120,000 +25.0% $80 / Sq Ft
11/09/2018 11/09/18 Sold $96,000 -3.0% $64 / Sq Ft
10/07/2018 10/07/18 Pending -- -- --
09/04/2018 09/04/18 For Sale $99,000 0.0% $66 / Sq Ft
02/27/2017 02/27/17 Sold $99,000 0.0% $66 / Sq Ft
12/23/2016 12/23/16 Pending -- -- --
12/13/2016 12/13/16 For Sale $99,000 +23.8% $66 / Sq Ft
12/13/2013 12/13/13 Sold $80,000 +6.7% $53 / Sq Ft
12/01/2013 12/01/13 Pending -- -- --
12/01/2013 12/01/13 For Sale $75,000 0.0% $50 / Sq Ft
03/02/2013 03/02/13 Rented $600 0.0% --
03/01/2013 03/01/13 Under Contract -- -- --
02/20/2013 02/20/13 For Rent $600 -- --
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 $375 $34,700 $10,600 $24,100
2024 $3,600 $34,700 $10,600 $24,100
2023 $3,195 $30,800 $10,600 $20,200
2022 $3,155 $30,800 $10,600 $20,200
2021 $3,146 $30,800 $10,600 $20,200
2020 $3,145 $30,800 $10,600 $20,200
2019 $3,107 $30,800 $10,600 $20,200
2018 $3,063 $30,800 $10,600 $20,200
2017 $3,003 $30,800 $10,600 $20,200
2016 -- $30,800 $10,600 $20,200
2015 -- $30,800 $10,600 $20,200
2014 -- $30,800 $10,600 $20,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 624967

Greater Lehigh Valley REALTORS®

APN: L9SE1D-28-19-0310