NOT LISTED FOR SALE

Estimated Value: $380,000

9 Beds
4 Baths
3,648 Sq Ft
$104/Sq Ft Est. Value

Sale Details

Date Sold: March 29, 2022

Last sale price $345,000 $95 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,108 / mo

45 Days on Market

Highlights

  • Ceiling Fan
  • Baseboard Heating
  • Satellite Dish

About This Home

As of March 2022

9% CAPITALIZATION RATE! This property is the ideal asset to add to your investment portfolio and in addition to having a great return it is located in the ideal location to limit your vacancies in the future. Located conveniently near commuter routes, Lehigh University plus only minutes from the Wind Creek Casino, SteelStacks and tons of other dining, shopping and entertainment! This property consists of both sides of the duplex that are divided into a total of FOUR residential units with two first floor units and two second floor units. The building has long term tenants and currently only one vacancy that could easily be filled but has been left vacant for purposes of the sale! This is the perfect opportunity to obtain a residential rental property for your portfolio that will offer consistent returns with limited vacancy. Schedule your appointment to see this incredible opportunity before it's too late!

Last Agent to Sell the Property

Jason Freeby

Freeby Lai Real Estate License #RM426134 Listed on: 08/13/2021

Co-Listed By

Jessie Lai

Freeby Lai Real Estate License #RS335479

Last Buyer's Agent

Andrew Ginsburg

BHHS Regency Real Estate License #RS334984

BHHS Regency Real Estate
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Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,350

Year Built

  • Built in 1900

Lot Details

  • 2,466 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,648 Sq Ft Home
  • 2.5-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Radiant Heating System
  • Baseboard Heating
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number P6SE2B 7 31 0204, P6SE2B 7 30 0204

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $760
  • Maintenance Expense $1,200
  • Trash Expense $1,140
  • Water Sewer Expense $1,600
  • Operating Expense $8,300
  • Gross Income $39,600
  • Net Operating Income $31,300

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,350

Year Built

Built in 1900

Lot Details

2,466 Sq Ft Lot

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row-End Unit, Row/Townhouse, Semi Detached/Twin
  • Technology: Satellite
  • County Assessment: 49600.00
  • Stories: 2.5
  • Street Number Modifier: 1153
  • 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

  • Bathrooms: Semi Modern
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 9
  • Square Footage: 3648

Exterior Features

  • Construction: Aluminum, Brick

Utilities

  • Cooling: Ceiling Fan, Window AC
  • Heat Type: Baseboard, Electric, Gas, Radiant
  • Sewer: Public
  • Water: Public
  • Insurance: 760
  • Trash Removal: 1140
  • Water Sewer: 1600

Condo/Co-op/Association

  • Maintenance Repair: 1200

Fee Information

  • Operating Expense: 8300

Lot Info

  • Acres: 0.057
  • Lot Sq Ft: 2466
  • Zoning Code: RM

Tax Info

  • Assessor Parcel Number: P6SE2B 7 31 0204, P6SE2B 7 30 0204
  • County Taxes: 535.68
  • Municipal Taxes: 949.34
  • Total Taxes: 4349.92
  • Taxes: 3600

Multi Family

  • School Taxes: 2864.90
  • Total Units: 4
  • Total Unit Count: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2025
Sold by
Bought by
Current Estimated Value
$380,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$792,000
Outstanding Balance
$781,559
Interest Rate
6.85%
Estimated Equity
-$401,559

Purchase Details

Closed on
Jul 25, 2024
Sold by
Bought by

Purchase Details

Listed on
Aug 13, 2021
Closed on
Mar 22, 2022
Sold by
Bought by
Seller's Agent
Jason Freeby
Freeby Lai Real Estate
Buyer's Agent
Andrew Ginsburg
BHHS Regency Real Estate
List Price
$349,900
Sold Price
$345,000
Premium/Discount to List
-$4,900
-1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.25%
Original Mortgage
$258,750
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2019
Sold by
Bought by

Purchase Details

Closed on
Oct 6, 2016
Sold by
Bought by

Purchase Details

Closed on
Jun 1, 1993
Bought by

Purchase Details

Closed on
Feb 1, 1987
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,417,500 Abe Settlement Services
$1,075,000 None Listed On Document
$172,500 Bright Settlement Solutions Ll
$112,000 Pride Abstract Lafayette
-- Attorney
-- --
$20,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $792,000
Open $1,134,000
Closed $792,000
Previous Owner $258,750
Closed $50,000
Closed $33,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/29/2022 03/29/22 Sold $345,000 -1.4% $95 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $349,900 0.0% $96 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $349,900 -- $96 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $249 $23,100 $4,400 $18,700
2025 $249 $23,100 $4,400 $18,700
2024 $2,546 $28,800 $4,400 $24,400
2023 $2,546 $28,800 $4,400 $24,400
2022 $2,526 $28,800 $4,400 $24,400
2021 $2,509 $28,800 $4,400 $24,400
2020 $2,485 $28,800 $4,400 $24,400
2019 $2,477 $28,800 $4,400 $24,400
2018 $2,416 $28,800 $4,400 $24,400
2017 $2,388 $28,800 $4,400 $24,400
2016 -- $28,800 $4,400 $24,400
2015 -- $28,800 $4,400 $24,400
2014 -- $28,800 $4,400 $24,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 675704

Greater Lehigh Valley REALTORS®

APN: P6SE2B-7-31-0204

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