NOT LISTED FOR SALE

114 N 3rd St Easton, PA 18042

Downtown Easton Neighborhood
-- Bed
-- Bath
6,484 Sq Ft
5,725 Sq Ft Lot

Last Sold August 20, 2020

Last sale price $745,000 $115 Per Sq Ft

20 Days on Market

Highlights

  • 0.13 Acre Lot
  • 6 Car Garage
  • Heating System Uses Gas
  • Central Air

About This Home

As of August 2020

All brick federal style colonial located in Historic downtown Easton. one block from center square, one block from the foot of college hill and Lafayette campus. This classic property has been converted into 5 residential apartments and 1 commercial office. Rear access offers parking structure for 6 cars with electronic access. All 5 apartments are 1 bedroom with nice appointments and finishes. Hardwood floors, historic trim, and detail throughout. Tenants pay heat, cooking gas and electric. First floor office offers central air. Rear yard for common use along with patio area. Large basement with storage for each unit. Many upgrades, see attachments for income, operating expenses and capital improvements

Last Agent to Sell the Property

Rebecca Stocker

BHHS Paul Ford Easton Listed on: 06/13/2020

BHHS Paul Ford Easton

Last Buyer's Agent

Joseph Paranee

Paranee Properties

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,679

Year Built

  • Built in 1902

Lot Details

  • 5,725 Sq Ft Lot

Parking

  • 6 Car Garage

Home Design

  • 6,484 Sq Ft Home
  • Brick Exterior Construction

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number L9NE3D 13 16 0310

Community Details

Overview

  • 6 Units

Building Details

  • Insurance Expense $2,987
  • Operating Expense $20,787
  • Gross Income $73,272
  • Net Operating Income $52,485

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,679

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 93300.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1902
  • Special Features: None

Interior Features

  • Square Footage: 6484

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Garage
  • Parking Spaces: 6

Utilities

  • Cooling: Central AC, Window AC
  • Heat Type: Electric, Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 2987

Fee Information

  • Operating Expense: 20787

Schools

  • School District: Easton

Lot Info

  • Acres: 0.131
  • Lot Sq Ft: 5725
  • Zoning Code: B-GO-BUSINESS/GENERAL OFFICE

Tax Info

  • Assessor Parcel Number: L9NE3D 13 16 0310
  • County Taxes: 1007.64
  • Municipal Taxes: 2327.84
  • Total Taxes: 9678.95

Multi Family

  • School Taxes: 6343.47
  • Total Units: 6
  • Total Unit Count: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2020
Closed on
Aug 20, 2020
Sold by
R P Wright Properties Llc
Bought by
Pd 114 North Third Llc
Seller's Agent
Rebecca Stocker
BHHS Paul Ford Easton
Buyer's Agent
Joseph Paranee
Paranee Properties
List Price
$725,000
Sold Price
$745,000
Premium/Discount to List
$20,000
2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$763,615
Outstanding Balance
$686,456
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1991
Bought by
Schinstine Donald R and Schinstine Jeanett
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
Pd 114 North Third Llc $745,000 Steel City Abstract Llc
Schinstine Donald R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pd 114 North Third Llc $763,615
Previous Owner R P Wright Properties Llc $216,000
Previous Owner R P Wright Properties Llc $262,000
Previous Owner R P Wright Properties Llc $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2020 08/20/20 Sold $745,000 +2.8% $115 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
06/13/2020 06/13/20 For Sale $725,000 -- $112 / 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 $1,008 $93,300 $37,600 $55,700
2024 $9,679 $93,300 $37,600 $55,700
2023 $9,679 $93,300 $37,600 $55,700
2022 $9,557 $93,300 $37,600 $55,700
2021 $9,531 $93,300 $37,600 $55,700
2020 $9,526 $93,300 $37,600 $55,700
2019 $9,413 $93,300 $37,600 $55,700
2018 $9,280 $93,300 $37,600 $55,700
2017 $9,097 $93,300 $37,600 $55,700
2016 -- $93,300 $37,600 $55,700
2015 -- $93,300 $37,600 $55,700
2014 -- $93,300 $37,600 $55,700
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Rebecca Stocker

    BHHS Paul Ford Easton

    (610) 248-6223

    2 in this area

    26 Total Sales

    Section Image
  • Joseph Paranee

    Buyer's Agent in 2020

    Joseph Paranee

    Paranee Properties

    (610) 657-9515

    1 in this area

    76 Total Sales

    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 639392

Greater Lehigh Valley REALTORS®

APN: L9NE3D-13-16-0310

Pennsylvania Northampton County Easton 18042 Downtown Easton

114 N 3rd St, Easton, PA

This home is located at 114 N 3rd St, Easton, PA 18042 since 13 June 2020. This property was built in 1902. 114 N 3rd St is a home located in Northampton County with nearby schools including Francis A. March Elementary School, Easton Area Middle School, and Easton Area 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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