NOT LISTED FOR SALE

1051 W Walnut St Allentown, PA 18102

Center City Neighborhood
5 Beds
2 Baths
2,240 Sq Ft
1,504 Sq Ft Lot

Last Sold March 20, 2020

Last sale price $162,500 $73 Per Sq Ft

6 Days on Market

Highlights

  • Colonial Architecture
  • Radiator
  • 5-minute walk to Valania Park
  • No HOA

About This Home

As of March 2020

Fully occupied 2-unit showing 9.6% CAP! One 1-bedroom/1-bath unit and One 3-bedroom/1-bath unit. Owner pays water, sewer, trash. Tenant pays electric & gas (for heat & hot water). Full sized basement which tenant in Unit 1 has access to for additional storage and washer/dryer.

Last Agent to Sell the Property

Jennifer DeJesus

Steel City Realty Listed on: 01/30/2020

Last Buyer's Agent

Jennifer DeJesus

Steel City Realty Listed on: 01/30/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,687

Year Built

  • Built in 1890

Lot Details

  • 1,504 Sq Ft Lot
  • Lot Dimensions are 16.00 x 94.00

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,240 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Radiator
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for real estate taxes, water, trash collection, sewer, insurance
  • Tax Lot 041
  • Assessor Parcel Number 549699013046-00001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,145
  • Trash Expense $375
  • Operating Expense $4,781
  • Net Operating Income $16,146

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,687

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Remarks Public: Fully occupied 2-unit showing 9.6% CAP! One 1-bedroom/1-bath unit and One 3-bedroom/1-bath unit. Owner pays water, sewer, trash. Tenant pays electric & gas (for heat & hot water). Full sized basement which tenant in Unit 1 has access to for additional storage and washer/dryer.
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2240
  • Living Area Sq Ft: 2240
  • Price Per Sq Ft: 74.78
  • Above Grade Finished Sq Ft: 2240
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1051

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: ALLENTOWN
  • School District Key: 300200397387
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 85200.00
  • Land Assessed Value: 5800.00
  • Land Use Code: 1140
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 94.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1504.00
  • Year Assessed: 2020
  • Zoning: R-H

Rental Info

  • Existing Lease Type: Gross
  • Owner Pays: Taxes - Real Estate, Water, Trash Collection, Sewer, Insurance
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3906317
  • School Tax: 1827.00
  • Tax Annual Amount: 2687.00
  • Assessor Parcel Number: 549699013046-00001
  • Tax Lot: 041
  • Tax Total Finished Sq Ft: 2240
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 03/20/2020

Multi Family

  • Gross Income: 20928.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 4781.00

MLS Schools

  • School District Name: ALLENTOWN

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $162,500 -3.0% $73 / Sq Ft
02/05/2020 02/05/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $167,500 +35.6% $75 / Sq Ft
05/31/2018 05/31/18 Sold $123,500 0.0% $55 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
10/25/2017 10/25/17 For Sale $123,500 +124.5% $55 / Sq Ft
02/27/2013 02/27/13 Sold $55,000 -8.2% $25 / Sq Ft
01/24/2013 01/24/13 Pending -- -- --
10/29/2012 10/29/12 For Sale $59,900 -- $27 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jennifer DeJesus

    Seller's Agent in 2020

    Jennifer DeJesus

    Steel City Realty

    (610) 217-6330

    14 in this area

    59 Total Sales

    Section Image
  • Steve Hollander

    Seller's Agent in 2018

    Steve Hollander

    House & Land Real Estate

    (610) 428-3770

    76 Total Sales

    Section Image
  • Jennifer de Jesus

    Buyer's Agent in 2018

    Jennifer de Jesus

    Steel City Realty

    (610) 333-4250

    143 in this area

    437 Total Sales

    Section Image
  • Dale Kessler

    Seller's Agent in 2013

    Dale Kessler

    Realty 365

    (484) 707-3201

    10 in this area

    267 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: PALH113404

Bright MLS

APN: 549699013046-1

Pennsylvania Lehigh County Allentown 18102 Center City

1051 W Walnut St, Allentown, PA

This home is located at 1051 W Walnut St, Allentown, PA 18102 since 30 January 2020. This property was built in 1890. 1051 W Walnut St is a home located in Lehigh County with nearby schools including Union Terrace Elementary School, Francis D Raub Middle School, and William Allen High School.

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