NOT LISTED FOR SALE

1050 Limestone St Catasauqua, PA 18032

Estimated Value: $219,000 - $258,000

3 Beds
2 Baths
1,470 Sq Ft
$166/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $154,900 $105 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,323/month

33 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Storm Doors
  • Balcony
  • Baseboard Heating

About This Home

As of August 2020

Turn-key low maintenance 2-unit detached with new roof, vinyl siding, replacement windows, separate gas/electric and updated apartments. Fenced rear yard plus covered deck and patio for tenant enjoyment. Catasauqua is known for its independent school district with small class sizes and athletics. The community as a whole enjoys low turnover for rentals with many inter-generational families, making it a sought after investment location for its affordability and proximity to major roadways, airport, shopping, recreation and employment opportunities. Borough offers reasonable hospitable policies/code/ordinances that are appreciated by Landlords. Priced at a 6% cap rate leveraged with a 75% LTV 30-year fixed rate mortgage at 4.25% for a non-owner occupant. Seller has enjoyed long-term tenancies during his ownership.

Last Agent to Sell the Property

Bob Brown

Realty 365 License #RS228027L Listed on: 05/28/2020

Last Buyer's Agent

nonmember nonmember

NON MBR Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,975

Year Built

  • Built in 1900

Lot Details

  • 1,713 Sq Ft Lot
  • Property is zoned R2-TWO-FAMILY RESIDENTIAL

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,470 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Patio

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number M4SE4D 17 3 0923

Community Details

Overview

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,975

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Detached
  • Technology: Smk Detector Battery
  • County Assessment: 37300.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Features: Balcony, Hardwood, Patio, Storm Doors, Wall-to-Wall Carpet, Wash/Dry Hook-ups
  • Bathrooms: Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Square Footage: 1470

Exterior Features

  • Construction: Vinyl

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 850
  • Trash Removal: 550
  • Water Sewer: 1200

Condo/Co-op/Association

  • Maintenance Repair: 1200

Fee Information

  • Operating Expense: 6975

Schools

  • School District: Catasauqua

Lot Info

  • Acres: 0.039
  • Lot Sq Ft: 1713
  • Zoning Code: R2-TWO-FAMILY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: M4SE4D 17 3 0923
  • County Taxes: 402.84
  • Municipal Taxes: 566.96
  • Total Taxes: 2974.97

Multi Family

  • School Taxes: 2005.17
  • Total Units: 2
  • Total Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Aug 31, 2020
Sold by
Moyer Joel
Bought by
Master Victoria J
Seller's Agent
Bob Brown
Realty 365
Buyer's Agent
nonmember nonmember
NON MBR Office
List Price
$154,900
Sold Price
$154,900
Current Estimated Value
$243,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,062
Avg. Annual Appreciation
9.32%
Original Mortgage
$152,093
Outstanding Balance
$135,220
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$108,742

Purchase Details

Closed on
Oct 24, 2006
Sold by
Dowling David J
Bought by
Moyer Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
6.48%
Mortgage Type
Commercial

Purchase Details

Closed on
May 3, 2004
Sold by
Holencik Jesse
Bought by
Dowling David
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
Master Victoria J $154,900 Vast Abstract
Moyer Joel $102,000 --
Dowling David $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Master Victoria J $152,093
Previous Owner Moyer Joel $81,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $154,900 0.0% $105 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $154,900 -- $105 / 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 $403 $37,300 $10,600 $26,700
2024 $3,111 $37,300 $10,600 $26,700
2023 $2,975 $37,300 $10,600 $26,700
2022 $3,009 $37,300 $10,600 $26,700
2021 $3,108 $37,300 $10,600 $26,700
2020 $3,175 $37,300 $10,600 $26,700
2019 $3,094 $37,300 $10,600 $26,700
2018 $3,001 $37,300 $10,600 $26,700
2017 $2,885 $37,300 $10,600 $26,700
2016 -- $37,300 $10,600 $26,700
2015 -- $37,300 $10,600 $26,700
2014 -- $37,300 $10,600 $26,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 637339

Greater Lehigh Valley REALTORS®

APN: M4SE4D-17-3-0923