NOT LISTED FOR SALE
11 Beds
7 Baths
5,893 Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: May 26, 2023

Last sale price $503,000 $85 Per Sq Ft

8 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Historic Home
  • Ceiling Fan

About This Home

As of May 2023

MULTIPLE OFFERS RECEIVED, HIGHEST AND BEST DUE THURSDAY MAY 4TH BY 9PM. 7-unit Historic apartment building in downtown Slatington, walking distance to the Lehigh River and Rail-to-Trail nature/ exercise venue. (4) 2-bedroom apartments and (2) 1 bedroom apartments in the main building with high ceilings electic heat installed in 2021 and gas hot water, Roof was replaced in 2021 plus (1) one-bedroom carriage house over three car detached garage with separate electric baseboard heat and electric hot water (Carriage house and garage are in need of repair DO NOT ENTER). Large capacity water filterering system was installed to the main water line in 2022. Tenants pay for electric, owner pays for w,s,t and gas. Property is being sold in AS-IS condition.

Last Agent to Sell the Property

Shannon Kolling

I-Do Real Estate License #RS332899 Listed on: 04/27/2023

Last Buyer's Agent

Roy Sjolund

BHHS Fox & Roach Bethlehem

BHHS Fox & Roach Bethlehem
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Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,871

Year Built

  • Built in 1884

Lot Details

  • Historic Home

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Fire Escape

Parking

  • 7 Parking Spaces
  • Unpaved Parking

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 556213142322001

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $360
  • Insurance Expense $1,700
  • Maintenance Expense $2,000
  • Trash Expense $2,240
  • Water Sewer Expense $5,117
  • Operating Expense $20,535
  • Gross Income $56,448
  • Net Operating Income $35,913

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,871

Year Built

Built in 1884

Lot Details

0.26 Acres

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 289900.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1884
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Features: Fire Escape, Hardwood, Historic

Exterior Features

  • Construction: Aluminum

Garage/Parking

  • Parking: Unpaved Lot
  • Parking Spaces: 7

Utilities

  • Cooling: Ceiling Fan, No Air
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Electric: 360
  • Gas: 2400
  • Insurance: 1700
  • Trash Removal: 2240
  • Water Sewer: 5117

Condo/Co-op/Association

  • Lawn Snow Removal: 1250
  • Maintenance Repair: 2000

Fee Information

  • Operating Expense: 20535

Lot Info

  • Zoning Code: TR

Tax Info

  • Assessor Parcel Number: 556213142322001
  • County Taxes: 1095.82
  • Municipal Taxes: 1797.38
  • Total Taxes: 9870.51

Multi Family

  • School Taxes: 6977.31
  • Total Units: 6
  • Total Unit Count: 7

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
May 25, 2023
Sold by
Bought by
Seller's Agent
Shannon Kolling
I-Do Real Estate
Buyer's Agent
Roy Sjolund
BHHS Fox & Roach Bethlehem
List Price
$475,000
Sold Price
$503,000
Premium/Discount to List
$28,000
5.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,800
Outstanding Balance
$387,171
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 30, 2017
Closed on
Apr 13, 2018
Sold by
Bought by
Seller's Agent
Dakoda Reece
Weichert Realtors - Allentown
Buyer's Agent
Barbara Detres
Harvey Z Raad Real Estate
List Price
$280,000
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.25%
Original Mortgage
$196,000
Interest Rate
4.44%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 30, 1993
Sold by
Bought by

Purchase Details

Closed on
Dec 9, 1980
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$503,000 None Listed On Document
$280,000 Southeastern Abstract Compan
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $200,000
Open $400,800
Previous Owner $196,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2023 05/26/23 Sold $503,000 +5.9% $85 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $475,000 +69.6% $81 / Sq Ft
04/30/2018 04/30/18 Sold $280,000 0.0% $48 / Sq Ft View Prior Sale
01/09/2018 01/09/18 Pending -- -- --
09/30/2017 09/30/17 For Sale $280,000 -- $48 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,414 $289,900 $42,000 $247,900
2025 $10,945 $289,900 $42,000 $247,900
2024 $10,479 $289,900 $42,000 $247,900
2023 $9,871 $289,900 $42,000 $247,900
2022 $9,724 $289,900 $247,900 $42,000
2021 $9,429 $289,900 $42,000 $247,900
2020 $9,159 $289,900 $42,000 $247,900
2019 $8,958 $289,900 $42,000 $247,900
2018 $8,779 $289,900 $42,000 $247,900
2017 $8,743 $289,900 $42,000 $247,900
2016 -- $289,900 $42,000 $247,900
2015 -- $289,900 $42,000 $247,900
2014 -- $289,900 $42,000 $247,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 714954

Greater Lehigh Valley REALTORS®
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