NOT LISTED FOR SALE

Estimated Value: $679,252

6 Beds
4.5 Baths
4,315 Sq Ft
$157/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $305,000 $71 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $4,254/month

57 Days on Market

Highlights

  • Balcony
  • Commercial or Retail Space
  • Forced Air Heating and Cooling System
  • Home Security System

About This Home

As of December 2018

Must see 5 unit investment property. This property is fully occupied with long term tenants and has been very well maintained by seller and tenants. 1 commercial unit and 4 residential units. Walking distance to downtown local shopping, dining, public transportation and at a close proximity to all major highways. Schedule your showing today.

Last Agent to Sell the Property

Barbara Detres

Harvey Z Raad Real Estate Listed on: 09/30/2018

Last Buyer's Agent

Carlos Nunez

Allentown City Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,578

Year Built

  • Built in 1900

Lot Details

  • 1,655

Home Design

  • Commercial or Retail Space
  • Brick Exterior Construction

Interior Spaces

  • 4,315 Sq Ft Home
  • 3-Story Property
  • Home Security System

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas

Additional Features

  • Balcony
  • 1,655 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 549689190162 001

Community Details

Building Details

  • Electric Expense $110
  • Insurance Expense $3,676
  • Maintenance Expense $3,000
  • Trash Expense $1,875
  • Water Sewer Expense $2,760
  • Operating Expense $17,340
  • Gross Income $39,600
  • Net Operating Income $22,260

Additional Features

  • 5 Units
  • Fire Escape

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,578

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Commercial, Row-End Unit
  • Technology: Security System
  • County Assessment: 200900.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Features: Balcony, Fire Escape
  • Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bedrooms: 6
  • Square Footage: 4315

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: Central AC, Window AC
  • Heat Type: Electric, Forced Air, Gas
  • Sewer: Public
  • Water: Public
  • Electric: 110
  • Gas: 340
  • Insurance: 3676
  • Trash Removal: 1875
  • Water Sewer: 2760

Condo/Co-op/Association

  • Maintenance Repair: 3000

Fee Information

  • Operating Expense: 17340

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.038
  • Lot Sq Ft: 1655
  • Zoning Code: R-H

Tax Info

  • Assessor Parcel Number: 549689190162 001
  • County Taxes: 731.28
  • Municipal Taxes: 883.19
  • Total Taxes: 5578.05

Multi Family

  • School Taxes: 3963.58
  • Total Units: 5
  • Total Unit Count: 5

MLS Schools

  • School District: Allentown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2018
Closed on
Dec 21, 2018
Sold by
Delkot Llc
Bought by
Felix Francisco
Seller's Agent
Barbara Detres
Harvey Z Raad Real Estate
Buyer's Agent
Carlos Nunez
Allentown City Realty
List Price
$324,900
Sold Price
$305,000
Premium/Discount to List
-$19,900
-6.12%
Current Estimated Value
$679,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,252
Avg. Annual Appreciation
13.35%

Purchase Details

Closed on
Dec 14, 2005
Sold by
Aloha Property Management Inc
Bought by
Delkot Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 13, 2003
Sold by
Smith Bryan E and Smith Rosalia A
Bought by
Aloha Property Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 11, 1986
Bought by
Wetherhold Joseph J
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
Felix Francisco $305,000 Quaint Oak Abstract Llc
Delkot Llc $200,000 None Available
Aloha Property Management Inc $140,000 --
Wetherhold Joseph J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Felix Francisco $210,000
Previous Owner Delkot Llc $160,000
Previous Owner Delkot Llc $140,000
Previous Owner Aloha Property Management Inc $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2018 12/21/18 Sold $305,000 -6.1% $71 / Sq Ft
11/26/2018 11/26/18 Pending -- -- --
11/14/2018 11/14/18 For Sale $324,900 0.0% $75 / Sq Ft
11/09/2018 11/09/18 Pending -- -- --
09/30/2018 09/30/18 For Sale $324,900 -- $75 / 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 $6,422 $200,900 $11,500 $189,400
2024 $6,422 $200,900 $11,500 $189,400
2023 $6,422 $200,900 $11,500 $189,400
2022 $6,194 $200,900 $189,400 $11,500
2021 $6,068 $200,900 $11,500 $189,400
2020 $5,906 $200,900 $11,500 $189,400
2019 $5,809 $200,900 $11,500 $189,400
2018 $5,437 $200,900 $11,500 $189,400
2017 $5,297 $200,900 $11,500 $189,400
2016 -- $200,900 $11,500 $189,400
2015 -- $200,900 $11,500 $189,400
2014 -- $200,900 $11,500 $189,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 592426

Greater Lehigh Valley REALTORS®

APN: 549689190162-1