Seller's Agent in 2024
Jacob McLaughlin
exp Realty, LLC - Philadelphia
(484) 629-5938
1 in this area
48 Total Sales
121 S 1st St Lehighton, PA 18235
--
Bed
--
Bath
9,600
Sq Ft
5,663
Sq Ft Lot
Highlights
- Brick or Stone Mason
- Heating Available
- 1-minute walk to Lehighton Boro Park
- Two cooling system units
About This Home
As of December 2024PROJECTED YEARLY GROSS INCOME is $103,000+!
Remarkable opportunity with a potential 17.00%+ CAP Rate once rented! This property is a blank slate and ready for a savvy investor to take over. The main floor has a storefront currently rented at $1,500 per month. The second and third floor have space to add up to 5 apartments. These units are down to the studs! A modern 2 bed 1 bath unit can rent for upwards of $1,500 per month, based on local comps. There is also an opportunity to convert the basement to a barber shop, tattoo parlor, or similar business to drive extra rental revenue. New roof in 2019 & first floor heating/cooling in 2023. **Zoning approval needed prior to any conversion or construction**
Last Agent to Sell the Property
exp Realty, LLC - Philadelphia License #RS353843 Listed on: 10/14/2024
Last Buyer's Agent
(Lehigh) GLVR Member
NON MEMBER
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,600
Year Built
- Built in 1950
Lot Details
- 5,663 Sq Ft Lot
Parking
- Off-Site Parking
Home Design
- Flat Roof Shape
- Brick or Stone Mason
Interior Spaces
- 9,600 Sq Ft Home
- 4-Story Property
- Basement
Utilities
- Two cooling system units
- Heating Available
- Electric Water Heater
Community Details
- 7 Units
Listing and Financial Details
- Assessor Parcel Number 70A12-29-V21
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 14, 2024
Closed on
Nov 27, 2024
Sold by
Tawesome Realty Llc
Bought by
Ramirez Properties Lehighton Llc
Seller's Agent
Jacob McLaughlin
exp Realty, LLC - Philadelphia
Buyer's Agent
(Lehigh) GLVR Member
NON MEMBER
List Price
$249,000
Sold Price
$250,000
Premium/Discount to List
$1,000
0.4%
Views
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,148
Avg. Annual Appreciation
4.85%
Original Mortgage
$187,500
Outstanding Balance
$185,953
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$74,195
Purchase Details
Closed on
May 19, 2022
Sold by
Porter Lehighton Real Estate Holdings Ll
Bought by
Tawesome Realty Llc
Purchase Details
Closed on
May 9, 2022
Sold by
Porter Lehighton Real Estate Holdings Ll
Bought by
Tawesome Realty Llc
Purchase Details
Closed on
Jul 7, 2010
Sold by
Claypoole Glenn F and Claypoole Dorothy M
Bought by
Porter Lehighton Real Estate Holdings Ll
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
4.78%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $250,000 | None Listed On Document | |
| Deed | $200,000 | None Listed On Document | |
| Deed | $200,000 | None Listed On Document | |
| Deed | $160,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $187,500 | New Conventional | |
| Previous Owner | $128,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/06/2024 12/06/24 | Sold | $250,000 | +0.4% | $26 / Sq Ft |
| 11/07/2024 11/07/24 | Pending | -- | -- | -- |
| 10/14/2024 10/14/24 | For Sale | $249,000 | 0.0% | $26 / Sq Ft |
| 10/11/2024 10/11/24 | Pending | -- | -- | -- |
| 10/10/2024 10/10/24 | For Sale | $249,000 | -- | $26 / Sq Ft |
Source: Pocono Mountains Association of REALTORS®
Tax History Compared to Growth
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 | $3,785 | $47,450 | $6,650 | $40,800 |
| 2024 | $3,595 | $47,450 | $6,650 | $40,800 |
| 2023 | $3,560 | $47,450 | $6,650 | $40,800 |
| 2022 | $3,560 | $47,450 | $6,650 | $40,800 |
| 2021 | $3,435 | $47,450 | $6,650 | $40,800 |
| 2020 | $3,351 | $47,450 | $6,650 | $40,800 |
| 2019 | $3,209 | $47,450 | $6,650 | $40,800 |
| 2018 | $3,138 | $47,450 | $6,650 | $40,800 |
| 2017 | $3,114 | $47,450 | $6,650 | $40,800 |
| 2016 | -- | $47,450 | $6,650 | $40,800 |
| 2015 | -- | $47,450 | $6,650 | $40,800 |
| 2014 | -- | $47,450 | $6,650 | $40,800 |
Source: Public Records
Agents Affiliated with this Home
-
Jacob McLaughlin
-
(
Buyer's Agent in 2024
(Lehigh) GLVR Member
NON MEMBER
Map
Source: Pocono Mountains Association of REALTORS®
MLS Number: PM-119413
APN: 70A12-29-V21
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The data relating to real estate for sale on this web site includes listings held by MLS-IDX Participants of the Internet Data Exchange program of the Multiple Listing Service of the Pocono Mountains Association of Realtors®. Listings marked with the Internet Data Exchange logo are not necessarilty the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Associations and its MLS-IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed or implied.
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