$123,500
SOLD MAY 31, 2018

1051 W Walnut St Allentown, PA 18102

Center City Neighborhood
5 Beds
2 Baths
2,240 Sq Ft
1,503 Sq Ft Lot

Recently Sold

$55 Per Sq Ft

184 Days on Market

Highlights

  • Balcony
  • Hot Water Heating System
  • 5-minute walk to Valania Park

About This Home

As of March 2020

11% Cap rate. 2 updated fully occupied end unit rentals producing positive cash flows. Live in one and rent the other. Don't miss this investment opportunity.

Last Agent to Sell the Property

Steve Hollander

House & Land Real Estate Listed on: 10/25/2017

Last Buyer's Agent

Jennifer de Jesus

Steel City Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,189

Year Built

  • Built in 1890

Lot Details

  • 1,503 Sq Ft Lot
  • Lot Dimensions are 16 x 94

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,240 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 549699013046-00001

Community Details

Building Details

  • Insurance Expense $887
  • Trash Expense $750
  • Water Sewer Expense $500
  • Operating Expense $2,937
  • Gross Income $17,400
  • Net Operating Income $14,463

Additional Features

  • 2 Units
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,189

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row-End Unit
  • Technology: Smk Detector Battery
  • County Assessment: 29750.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Features: Balcony
  • Bathrooms: Semi Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 5
  • Square Footage: 2240

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: No Air
  • Heat Type: Gas, Hot Water, Radiator
  • Sewer: Public
  • Water: Public
  • Insurance: 887
  • Trash Removal: 750
  • Water Sewer: 500

Fee Information

  • Operating Expense: 2937

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.035
  • Lot Dimensions: 16 x 94
  • Lot Sq Ft: 1503
  • Zoning Code: R-H

Tax Info

  • Assessor Parcel Number: 549699013046-00001
  • County Taxes: 354.03
  • Municipal Taxes: 404.19
  • Total Taxes: 2188.66

Multi Family

  • School Taxes: 1430.44
  • Total Units: 2
  • Total Unit Count: 2

Range of Values:

Collateral Analytics

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Average Value
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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

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: Greater Lehigh Valley REALTORS®

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

    12 in this area

    52 Total Sales

    Jennifer DeJesus
    Section Image
  • Steve Hollander

    Seller's Agent in 2018

    Steve Hollander

    House & Land Real Estate

    (610) 428-3770

    76 Total Sales

    Steve Hollander
    Section Image
  • Jennifer de Jesus

    Buyer's Agent in 2018

    Jennifer de Jesus

    Steel City Realty

    (610) 333-4250

    139 in this area

    423 Total Sales

    Jennifer de Jesus
    Section Image
  • Dale Kessler

    Seller's Agent in 2013

    Dale Kessler

    Realty 365

    (484) 707-3201

    10 in this area

    265 Total Sales

    Dale Kessler
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 562542

Greater Lehigh Valley REALTORS®

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 and is currently priced at $123,500, approximately $55 per square foot. 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.

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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