NOT LISTED FOR SALE

1148 Tilghman St Allentown, PA 18102

Center City Neighborhood

Estimated Value: $515,679

8 Beds
6 Baths
6,812 Sq Ft
$76/Sq Ft Est. Value

Last Sold August 26, 2014

Last sale price $260,000 $38 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,628/month

299 Days on Market

About This Home

As of August 2014

Price Reduced! Building boasts over 6,800 sq/ft with 2 commercial units on the 1st floor with long term leases and 4-2 bedroom apartments on the 2nd and 3rd floors. All tenants pay their own heat and electric. Great cash flow. Call to see it today.

Last Agent to Sell the Property

Matthew J. Kochan

Joseph T Kochan Realtors Listed on: 08/15/2013

Last Buyer's Agent

Mario Castanhas

IronValley RE of Lehigh Valley License #RS214417L

IronValley RE of Lehigh Valley

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 2,396 Sq Ft Lot
  • Lot Dimensions are 20 x 120

Home Design

  • Mixed Use
  • Brick or Stone Veneer

Interior Spaces

  • 6,812 Sq Ft Home
  • 3-Story Property
  • Fire Escape

Bedrooms and Bathrooms

  • 8 Bedrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5497720711340 001

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $240
  • Insurance Expense $2,400
  • Trash Expense $1,500
  • Water Sewer Expense $1,200
  • Gross Income $54,600
  • Net Operating Income $41,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Mixed Use
  • Technology: Cable
  • County Assessment: 310800.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Year Built Exception: Unknown
  • Supplement Modification Ti: 2013-09-30
  • Special Features: None

Interior Features

  • Features: Fire Escape
  • Bathrooms: Modern
  • Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Bedrooms: 8
  • Square Footage: 6812

Exterior Features

  • Construction: Brick, Brickote

Utilities

  • Cooling: Window AC
  • Heat Type: Baseboard, Electric, Gas
  • Sewer: Public
  • Water: Public
  • Electric: 240
  • Insurance: 2400
  • Trash Removal: 1500
  • Water Sewer: 1200

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.055
  • Lot Dimensions: 20 X 120
  • Lot Sq Ft: 2396
  • Zoning Code: R-Mh-Medium High Density Residential

Tax Info

  • Assessor Parcel Number: 5497720711340 001
  • County Taxes: 1265.25
  • Municipal Taxes: 1177.93
  • Total Taxes: 7824.70

Multi Family

  • School Taxes: 5381.81
  • Total Units: 6
  • Total Unit Count: 6

MLS Schools

  • School District: Allentown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2013
Closed on
Aug 26, 2014
Sold by
Moorhead R Tyler and Moorhead Susie C
Bought by
1148 W Tilghman Street Llc
Seller's Agent
Matthew J. Kochan
Joseph T Kochan Realtors
Buyer's Agent
Mario Castanhas
IronValley RE of Lehigh Valley
List Price
$289,900
Sold Price
$260,000
Premium/Discount to List
-$29,900
-10.31%
Current Estimated Value
$515,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,679
Avg. Annual Appreciation
6.09%
Original Mortgage
$195,000
Outstanding Balance
$151,422
Interest Rate
4.14%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$346,661

Purchase Details

Closed on
Feb 12, 1999
Sold by
Rotherham Albert P and Rotherham Muriel
Bought by
Moorhead R Tyler and Moorhead Susie C

Purchase Details

Closed on
Apr 10, 1979
Bought by
Rotherham Albert P and Rotherham Muriel
Source: Public Records

Range of Values:

Collateral Analytics

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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
1148 W Tilghman Street Llc $260,000 None Available
Moorhead R Tyler $130,000 --
Rotherham Albert P $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1148 W Tilghman Street Llc $195,000
Previous Owner Moorhead R Tyler $50,000
Previous Owner Moorhead R Tyler $182,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2014 08/26/14 Sold $260,000 -10.3% $38 / Sq Ft
06/10/2014 06/10/14 Pending -- -- --
08/15/2013 08/15/13 For Sale $289,900 -- $43 / 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 $9,825 $310,800 $12,000 $298,800
2024 $9,825 $310,800 $12,000 $298,800
2023 $9,825 $310,800 $12,000 $298,800
2022 $9,471 $310,800 $298,800 $12,000
2021 $9,276 $310,800 $12,000 $298,800
2020 $9,027 $310,800 $12,000 $298,800
2019 $8,876 $310,800 $12,000 $298,800
2018 $8,323 $310,800 $12,000 $298,800
2017 $8,107 $310,800 $12,000 $298,800
2016 -- $310,800 $12,000 $298,800
2015 -- $310,800 $12,000 $298,800
2014 -- $310,800 $12,000 $298,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Matthew J. Kochan

    Joseph T Kochan Realtors

    (484) 553-6930

    18 Total Sales

    Matthew J. Kochan
    Section Image
  • Mario Castanhas

    Buyer's Agent in 2014

    Mario Castanhas

    IronValley RE of Lehigh Valley

    4 in this area

    62 Total Sales

    Mario Castanhas
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 456704

Greater Lehigh Valley REALTORS®

APN: 549772071340-1

Pennsylvania Lehigh County Allentown 18102 Center City

1148 Tilghman St, Allentown, PA

This home is located at 1148 Tilghman St, Allentown, PA 18102 since 15 August 2013 and is currently estimated at $515,679, approximately $75 per square foot. This property was built in 1900. 1148 Tilghman St is a home located in Lehigh County with nearby schools including Luis A. Ramos Elementary School, Trexler 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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