122 N Franklin St Allentown, PA 18102
Center City Neighborhood
4
Beds
2
Baths
1,734
Sq Ft
1,830
Sq Ft Lot
About This Home
As of November 2024West Allentown 2 Unit. Suitable for Owner Occupancy. Or rent for $23,700 Gross Income / $18,660 net income. Apt #2, the large, 3 Bedroom unit, was just renovated and is in perfect move in condition. Attractive ceramic tiled kitchen with adjoining dining is awash in bright, natural light. Modern ceramic tiled bathroom, generous room sizes, replacement windows. Separate Gas, forced air heating systems. Laminate floors throughout for long term durability. The private, fenced back yard has a koi pond and some high quality, artificial turf for zero maintenance and year round appearance. New Rubber roof. LOW TAXES! Covered front porch, basement workshop, new rear siding & more. Benefit from the Long Term, reliable tenant in Apt #1 (below market rent). Located near West Park and walkable to nearby restaurants and shops. Long term tenant on first floor (artist/craftsman), lease expires July/21. Great area for livability and appeal. Great long term value investment. Always easy to rent
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,533
Year Built
- Built in 1905
Lot Details
- 1,830 Sq Ft Lot
Parking
- 2 Parking Spaces
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,734 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 549669458022001
Community Details
Overview
- 2 Units
Building Details
- Electric Expense $1,025
- Insurance Expense $910
- Trash Expense $750
- Water Sewer Expense $985
- Operating Expense $5,280
- Gross Income $23,940
- Net Operating Income $18,660
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 12, 2012
Closed on
Aug 8, 2012
Sold by
Federal National Mortgage Association
Bought by
Francois James
Seller's Agent
Dale Kessler
Realty 365
Buyer's Agent
Denise Francois
HomeSnipe Real Estate, LLC
List Price
$42,000
Sold Price
$51,000
Premium/Discount to List
$9,000
21.43%
Total Days on Market
8
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
$202,329
Avg. Annual Appreciation
13.33%
Original Mortgage
$36,400
Interest Rate
3.61%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 12, 2011
Sold by
Rossi Sheriff Ronald W and Santos Efrain
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Nov 21, 2006
Sold by
Dimaio Ralph R
Bought by
Santos Efrain and Baez Yanet
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,920
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 27, 2006
Sold by
Matus Vicky A and Kassis Vicky A
Bought by
Dimaio Ralph R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,390
Interest Rate
6.23%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jan 7, 2004
Sold by
Henninger Tina M
Bought by
Henninger Michael and Henninger Tina M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
5.98%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 29, 2001
Sold by
Wylie John S and Hewerton Russell J
Bought by
Henninger Tina M
Purchase Details
Closed on
Jun 14, 2000
Sold by
122 N Franklin Street Land Trust
Bought by
Matus Vicky A
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $51,000 | -- | |
| Sheriffs Deed | -- | -- | |
| Deed | $116,725 | None Available | |
| Deed | $107,100 | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $60,000 | -- | |
| Executors Deed | $67,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $56,250 | New Conventional | |
| Closed | $36,400 | Purchase Money Mortgage | |
| Closed | $36,400 | New Conventional | |
| Previous Owner | $103,920 | Purchase Money Mortgage | |
| Previous Owner | $116,725 | Purchase Money Mortgage | |
| Previous Owner | $96,390 | Fannie Mae Freddie Mac | |
| Previous Owner | $67,200 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/08/2024 11/08/24 | Sold | $255,000 | +2.0% | $147 / Sq Ft |
| 10/04/2024 10/04/24 | Pending | -- | -- | -- |
| 09/26/2024 09/26/24 | For Sale | $250,000 | +25.0% | $144 / Sq Ft |
| 05/14/2021 05/14/21 | Sold | $200,000 | +0.1% | $115 / Sq Ft |
| 04/07/2021 04/07/21 | Pending | -- | -- | -- |
| 03/30/2021 03/30/21 | For Sale | $199,900 | 0.0% | $115 / Sq Ft |
| 03/16/2019 03/16/19 | Rented | $1,200 | 0.0% | -- |
| 02/27/2019 02/27/19 | Under Contract | -- | -- | -- |
| 02/22/2019 02/22/19 | For Rent | $1,200 | +9.1% | -- |
| 02/27/2017 02/27/17 | Rented | $1,100 | 0.0% | -- |
| 02/27/2017 02/27/17 | Under Contract | -- | -- | -- |
| 02/09/2017 02/09/17 | For Rent | $1,100 | 0.0% | -- |
| 02/01/2014 02/01/14 | Rented | $1,100 | 0.0% | -- |
| 12/21/2013 12/21/13 | Under Contract | -- | -- | -- |
| 12/06/2013 12/06/13 | For Rent | $1,100 | 0.0% | -- |
| 08/10/2012 08/10/12 | Sold | $51,000 | +21.4% | $29 / Sq Ft |
| 07/03/2012 07/03/12 | Pending | -- | -- | -- |
| 06/12/2012 06/12/12 | For Sale | $42,000 | -- | $24 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
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 | $2,894 | $89,700 | $6,500 | $83,200 |
| 2024 | $2,894 | $89,700 | $6,500 | $83,200 |
| 2023 | $2,894 | $89,700 | $6,500 | $83,200 |
| 2022 | $2,791 | $89,700 | $83,200 | $6,500 |
| 2021 | $2,735 | $89,700 | $6,500 | $83,200 |
| 2020 | $2,663 | $89,700 | $6,500 | $83,200 |
| 2019 | $2,620 | $89,700 | $6,500 | $83,200 |
| 2018 | $2,448 | $89,700 | $6,500 | $83,200 |
| 2017 | $2,386 | $89,700 | $6,500 | $83,200 |
| 2016 | -- | $89,700 | $6,500 | $83,200 |
| 2015 | -- | $89,700 | $6,500 | $83,200 |
| 2014 | -- | $89,700 | $6,500 | $83,200 |
Source: Public Records
Source: Greater Lehigh Valley REALTORS®
MLS Number: 664221
APN: 549669448888-1
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