NOT LISTED FOR SALE

1049 W Allen St Allentown, PA 18102

Center City Neighborhood

Estimated Value: $154,000 - $193,000

3 Beds
1.5 Baths
914 Sq Ft
$185/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $94,900 $104 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,114/month

5 Days on Market

About This Home

As of August 2020

Newly renovated 2 story row with 3 bedrooms and 1 car off street parking. The property has been completely remodeled top to bottom featuring new replacement windows, newer gas boiler, newer gas water heater, vinyl flooring, updated light fixtures, updated kitchen w/ tile flooring, and renovated full bathroom with tile flooring. Upon entry you are greeted by an open concept living room dining room leading to the oversized kitchen. Off the kitchen you will find a covered rear porch and 1 car off-street parking pad. Completing the living space there are 3 bedrooms located on the 2nd level, along with a full updated hall bathroom. The basement features washer/dryer hookup, ample storage, and a half bath. Conveniently located within minutes of major area roadways and walking distance to local amenities. Previously rented for $1,200/Month this property has over a 11% CAP Rate. Property being sold with a clear CO from City of Allentown. This property is A MUST SEE!

Last Listed By

Andrew Ginsburg

BHHS Regency Real Estate Listed on: 07/13/2020

BHHS Regency Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,857

Year Built

  • Built in 1920

Lot Details

  • 1,268 Sq Ft Lot
  • Lot Dimensions are 12.92 x 98

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 914 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Parking Space
  • Unpaved Parking

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas

Community Details

  • Insurance Expense $600
  • Maintenance Expense $1,000
  • Other Expense $75
  • Operating Expense $3,533
  • Gross Income $14,400
  • Net Operating Income $10,868

Listing and Financial Details

  • Assessor Parcel Number 549772764349001

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,857

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row/Townhouse
  • County Assessment: 62300.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Square Footage: 914

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Unpaved Lot
  • Parking Spaces: 1

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Gas, Hot Water
  • Sewer: Public
  • Water: Public
  • Insurance: 600

Condo/Co-op/Association

  • Maintenance Repair: 1000

Fee Information

  • Operating Expense: 3533

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.029
  • Lot Dimensions: 12.92 x 98
  • Lot Sq Ft: 1268
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Rental Info

  • Other Expenses: 75

Tax Info

  • Assessor Parcel Number: 549772764349001
  • County Taxes: 235.49
  • Municipal Taxes: 370.92
  • Total Taxes: 1857.05

Multi Family

  • School Taxes: 1250.64
  • Total Units: 1
  • Total Unit Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Aug 20, 2020
Sold by
Kadi Bashir and Ahmedzohir Assem
Bought by
Aye Aung and Aung Thu
Seller's Agent
Andrew Ginsburg
BHHS Regency Real Estate
Buyer's Agent
Christine Stefchak
Light House Realty LV LLC
List Price
$94,900
Sold Price
$94,900
Total Days on Market
5
Current Estimated Value
$169,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,144
Avg. Annual Appreciation
12.90%
Original Mortgage
$66,430
Outstanding Balance
$59,718
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$109,326

Purchase Details

Closed on
Jun 19, 2014
Sold by
Olcese Victor
Bought by
Kadi Bashir and Ahmedzohir Assem

Purchase Details

Closed on
Feb 10, 2005
Sold by
Marano Joseph S and Marano Christine M
Bought by
Olcese Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,410
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 1989
Sold by
Althouse Raymond F and Althouse Pearl R
Bought by
Marano Joseph S and Marano Christine M

Range of Values:

Collateral Analytics

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ICE

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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
Aye Aung $94,900 Home Settlement Services
Kadi Bashir $37,100 None Available
Olcese Victor $64,900 --
Marano Joseph S $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aye Aung $66,430
Previous Owner Olcese Victor $58,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2020 08/20/20 Sold $94,900 0.0% $104 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $94,900 -- $104 / 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 $2,017 $62,300 $4,900 $57,400
2024 $2,017 $62,300 $4,900 $57,400
2023 $2,017 $62,300 $4,900 $57,400
2022 $1,946 $62,300 $57,400 $4,900
2021 $1,907 $62,300 $4,900 $57,400
2020 $1,857 $62,300 $4,900 $57,400
2019 $1,827 $62,300 $4,900 $57,400
2018 $1,706 $62,300 $4,900 $57,400
2017 $1,663 $62,300 $4,900 $57,400
2016 -- $62,300 $4,900 $57,400
2015 -- $62,300 $4,900 $57,400
2014 -- $62,300 $4,900 $57,400
Source: Public Records

Agents Affiliated with this Home

  • Andrew Ginsburg

    Seller's Agent in 2020

    Andrew Ginsburg

    BHHS Regency Real Estate

    (610) 349-6644

    54 in this area

    272 Total Sales

    Andrew Ginsburg
    Section Image

  • C

    Buyer's Agent in 2020

    Christine Stefchak

    Light House Realty LV LLC

    (484) 553-4779

    31 in this area

    105 Total Sales

    Christine Stefchak
    Section Image
See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 642552

Greater Lehigh Valley REALTORS®

APN: 549772764349-1

Pennsylvania Lehigh County Allentown 18102 Center City

1049 W Allen St, Allentown, PA

Homes for Sale in Allentown, PA

This home is located at 1049 W Allen St, Allentown, PA 18102 since 13 July 2020 and is currently estimated at $169,044, approximately $184 per square foot. This property was built in 1920. 1049 W Allen St is a home located in Lehigh County with nearby schools including Luis A. Ramos Elementary School, Trexler Middle School, and William Allen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Lehigh Valley REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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