NOT LISTED FOR SALE

Estimated Value: $517,146

4 Beds
3.5 Baths
3,826 Sq Ft
$135/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $255,000 $67 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,170/month

97 Days on Market

Highlights

  • Balcony
  • Commercial or Retail Space
  • Baseboard Heating
  • Patio

About This Home

As of April 2020

A unique find in center city Allentown, minutes from PPL Center. This 4 unit building consisting of 2 commercial units and 2 residential units, would be a great investment property to add to your portfolio. One long term month-to-month tenant currently occupying the second floor residential unit. Main floor consists of a Barber shop and a rear residential unit. Main floor barber shop is newly renovated and has a new half bath. Lower level Storefront is also newly renovated with a full bath. All tenants pay for their own heat and overall electric. Sellers are motivated. There is a Clear CO on the property! Bring all offers!

Last Agent to Sell the Property

Viviana Peralta

IronValley RE of Lehigh Valley Listed on: 10/24/2019

Last Buyer's Agent

Kenny Rosado

Coldwell Banker Hearthside License #RS288061

Coldwell Banker Hearthside

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,981

Year Built

  • Built in 1880

Lot Details

  • 2,439 Sq Ft Lot
  • Lot Dimensions are 26.75 x 91.5
  • Property is zoned B2 Central

Home Design

  • Commercial or Retail Space
  • Mixed Use
  • Brick Exterior Construction

Interior Spaces

  • 3,826 Sq Ft Home
  • 3-Story Property
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Balcony
  • Patio

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 549790751756 001

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $1,300
  • Insurance Expense $2,000
  • Trash Expense $480
  • Water Sewer Expense $1,180
  • Gross Income $35,820
  • Net Operating Income $25,380

Property Details

Property Type

Other

Est. Annual Taxes

$4,981

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial, Mixed Use
  • Technology: Smk Detector Battery
  • County Assessment: 167300.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1880
  • Year Built Exception: Unknown
  • Special Features: 20

Interior Features

  • Features: Balcony, Patio
  • Bathrooms: Modern
  • Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms: 4
  • Square Footage: 3826

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric, Oil
  • Sewer: Public
  • Water: Public
  • Electric: 1300
  • Insurance: 2000
  • Trash Removal: 480
  • Water Sewer: 1180

Lot Info

  • Acres: 0.056
  • Lot Dimensions: 26.75 X 91.5
  • Lot Sq Ft: 2439
  • Zoning Code: B2 Central

Tax Info

  • Assessor Parcel Number: 549790751756 001
  • County Taxes: 608.97
  • Municipal Taxes: 1071.30
  • Total Taxes: 4980.95

Multi Family

  • School Taxes: 3300.68
  • Total Units: 4
  • Total Unit Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2019
Closed on
Mar 23, 2020
Sold by
Peralta Carlos and Peralta Giuseppa
Bought by
Siguencia Perez Willan M
Seller's Agent
Viviana Peralta
IronValley RE of Lehigh Valley
Buyer's Agent
Kenny Rosado
Coldwell Banker Hearthside
List Price
$339,900
Sold Price
$255,000
Premium/Discount to List
-$84,900
-24.98%
Current Estimated Value
$517,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,146
Avg. Annual Appreciation
13.43%
Original Mortgage
$204,300
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 8, 2004
Sold by
Keys Sandra and Ehrig George
Bought by
New Life Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,250
Interest Rate
5.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 15, 1997
Sold by
Peluso Francis T
Bought by
Peluso Francis T and Keys Sandra A

Purchase Details

Closed on
Mar 17, 1997
Sold by
Setton Joseph A and Pelusso Francis T
Bought by
Peluso Francis T

Purchase Details

Closed on
Aug 14, 1992
Bought by
Setton Joseph A and Pelusso Francis T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Siguencia Perez Willan M $255,000 None Available
New Life Realty Llc $47,000 --
Peluso Francis T -- --
Peluso Francis T -- --
Setton Joseph A $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Siguencia Perez Willan M $204,300
Previous Owner New Life Realty Llc $32,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2020 04/30/20 Sold $255,000 -15.0% $67 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
12/06/2019 12/06/19 Price Changed $299,900 -11.8% $78 / Sq Ft
10/24/2019 10/24/19 For Sale $339,900 -- $89 / 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 $5,492 $167,300 $17,100 $150,200
2024 $5,492 $167,300 $17,100 $150,200
2023 $5,492 $167,300 $17,100 $150,200
2022 $5,301 $167,300 $150,200 $17,100
2021 $5,196 $167,300 $17,100 $150,200
2020 $5,062 $167,300 $17,100 $150,200
2019 $4,981 $167,300 $17,100 $150,200
2018 $4,641 $167,300 $17,100 $150,200
2017 $4,525 $167,300 $17,100 $150,200
2016 -- $167,300 $17,100 $150,200
2015 -- $167,300 $17,100 $150,200
2014 -- $167,300 $17,100 $150,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 626804

Greater Lehigh Valley REALTORS®

APN: 549790751756-1