NOT LISTED FOR SALE

119 Maggie Way Effort, PA 18330

Estimated Value: $565,000 - $1,423,000

13 Beds
9.5 Baths
7,453 Sq Ft
$120/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $585,530 $79 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,136/month

243 Days on Market

Highlights

  • 14.04 Acre Lot
  • Heating Available
  • 1-Story Property
  • Garage

About This Home

As of June 2021

14 acre property zoned general commercial in a prime location on Rt 115 in Effort. This property features 5 buildings with 9 apartment units and 4 garage bays. Tenants pay their own utilities. There are 3 wells and 5 septic systems that service the buildings. Two of the units are owner occupied. The gross income does not reflect income from those to units which would net an additional $27K annually. There is approximately 8 acres of usable property not developed where Maggie way dead ends. Check with zoning on the general commercial use restriction for future development. The property is being sold in as-is condition and requires 24-48 notice for qualified buyers only. Contact the listing agent for more information.

Last Agent to Sell the Property

Theresa Calantoni

Keller Williams Northampton Listed on: 09/12/2020

Keller Williams Northampton

Last Buyer's Agent

nonmember nonmember

NON MBR Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,492

Year Built

  • Built in 1971

Lot Details

  • 14.04 Acre Lot
  • Land Lease

Home Design

  • Frame Construction

Interior Spaces

  • 7,453 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 13 Bedrooms

Parking

  • Garage
  • Carport
  • Parking Lot

Utilities

  • Heating Available
  • Well

Community Details

Overview

  • 9 Units

Building Details

  • Electric Expense $360
  • Insurance Expense $2,032
  • Maintenance Expense $520
  • Trash Expense $300
  • Operating Expense $1,644
  • Gross Income $50,800
  • Net Operating Income $31,547

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,492

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Land
  • Stories: 1
  • Year Built: 1971
  • LotSizeAcres: 14.04
  • Co List Office Mls Id: KWNC
  • Subdivision Name: Not in Development
  • PropertySubTypeAdditional: Detached,Residential,Land
  • Special Features: None

Interior Features

  • Full Bathrooms: 9
  • Half Bathrooms: 1
  • Total Bedrooms: 13
  • Living Area: 7453.0
  • Stories: 1

Exterior Features

  • Construction Type: Frame

Garage/Parking

  • Parking Features: Carport, Garage, Paved, Parking Lot, Unpaved

Utilities

  • Cooling: Ceiling Fan(s), None, Window Unit(s)
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Heating Yn: Yes
  • Water Source: Community/Coop, Well

Fee Information

  • Operating Expense: 1644.0
  • Trash Expense: 300.0

Schools

  • Junior High Dist: Pleasant Valley

Lot Info

  • Land Lease: Yes
  • Lot Size Sq Ft: 611580.0
  • Zoning: GC - COMMERCIAL / GENERAL

Multi Family

  • Number Of Units Total: 9
  • Electric Expense: 360.0
  • Insurance Expense: 2032.0
  • Maintenance Expense: 520.0
  • Property Net Operating Income: 31547.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2020
Closed on
Jun 6, 2021
Sold by
Forte Family Trust
Bought by
Snsr Holdings Llc
Seller's Agent
Theresa Calantoni
Keller Williams Northampton
Buyer's Agent
nonmember nonmember
NON MBR Office
List Price
$799,900
Sold Price
$585,530
Premium/Discount to List
-$214,370
-26.8%
Current Estimated Value
$894,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,238
Avg. Annual Appreciation
10.42%

Purchase Details

Closed on
Jan 11, 2000
Bought by
Forte Nuncio T & Frances E Trustee Of Th
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
Snsr Holdings Llc $585,530 Monroe Abstract
Forte Nuncio T & Frances E Trustee Of Th -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2021 06/28/21 Sold $585,530 -19.2% $79 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
02/08/2021 02/08/21 Price Changed $725,000 -9.4% $97 / Sq Ft
09/12/2020 09/12/20 For Sale $799,900 -- $107 / 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 $4,492 $552,050 $95,040 $457,010
2024 $3,664 $552,050 $95,040 $457,010
2023 $16,718 $552,050 $95,040 $457,010
2022 $16,263 $552,050 $95,040 $457,010
2021 $15,501 $552,050 $95,040 $457,010
2020 $15,981 $552,050 $95,040 $457,010
2019 $21,561 $120,960 $33,430 $87,530
2018 $21,319 $120,960 $33,430 $87,530
2017 $21,074 $120,960 $33,430 $87,530
2016 $3,351 $120,960 $33,430 $87,530
2015 -- $120,960 $33,430 $87,530
2014 -- $120,960 $33,430 $87,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 648402

Greater Lehigh Valley REALTORS®

APN: 02.14.1.7-4