NOT LISTED FOR SALE

123 W 14th St Northampton, PA 18067

Estimated Value: $204,000 - $424,000

10 Beds
5 Baths
4,758 Sq Ft
$76/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $525,000 $110 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $1,977/month

5 Days on Market

About This Home

As of June 2021

Investors...Check out this well kept 5 unit building in Northampton. Sale includes the off street parking lot (1414 Poplar). Apartment #5 has a walk up attic that is partially done. This unit can easily go from a 1 bedroom to a 3 bedroom unit. Apt #2 has a new Tenant moving in May 15th and the unit will be cleaned, painted and repaired after current Tenant moves out on April 30th. Two Tenants are Section 8. Building has 5 separate water meters. Tenants pay water, sewer, gas and electric. Owner pays Trash, Owner electric meter for the basement and yard maintenance. Property with the current rent roll nets $49,039. Sorry, no same day appointments.

Last Agent to Sell the Property

Michelle Pietrouchie-Summers

Valley Star Real Estate License #RM424633 Listed on: 04/23/2021

Last Buyer's Agent

Evangelia Papadopoulos

Keller Williams Northampton

Keller Williams Northampton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,144

Year Built

  • Built in 1900

Lot Details

  • 4,040

Home Design

  • Duplex
  • Vinyl Construction Material
  • Stone

Interior Spaces

  • 4,758 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Parking

  • 5 Parking Spaces
  • Unpaved Parking
  • Off-Site Parking

Additional Features

  • 4,040 Sq Ft Lot
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number M4NW1B 10 29 0522

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $774
  • Insurance Expense $2,383
  • Trash Expense $1,400
  • Operating Expense $9,401
  • Gross Income $58,440
  • Net Operating Income $49,039

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,144

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Duplex/Both Halves
  • County Assessment: 53000.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Bathrooms: Old
  • Square Footage: 4758

Exterior Features

  • Construction: Stone, Vinyl

Garage/Parking

  • Parking: Off Site, Unpaved Lot
  • Parking Spaces: 5

Utilities

  • Cooling: Ceiling Fan
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Electric: 774
  • Insurance: 2383
  • Trash Removal: 1400

Condo/Co-op/Association

  • Lawn Snow Removal: 600

Fee Information

  • Operating Expense: 9401

Schools

  • School District: Northampton

Lot Info

  • Acres: 0.093
  • Lot Sq Ft: 4040
  • Zoning Code: R-2-RESIDENTIAL

Tax Info

  • Assessor Parcel Number: M4NW1B 10 29 0522
  • County Taxes: 625.40
  • Municipal Taxes: 609.50
  • Total Taxes: 4144.07

Multi Family

  • School Taxes: 2909.17
  • Total Units: 5
  • Total Unit Count: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
Jun 30, 2021
Sold by
Hostage Laura Jean and Hmaxx Properties Llc
Bought by
Arcas Incorporated
Seller's Agent
Michelle Pietrouchie-Summers
Valley Star Real Estate
Buyer's Agent
Evangelia Papadopoulos
Keller Williams Northampton
List Price
$625,000
Sold Price
$525,000
Premium/Discount to List
-$100,000
-16%
Current Estimated Value
$362,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$162,902
Avg. Annual Appreciation
-9.22%
Original Mortgage
$348,750
Outstanding Balance
$317,122
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$32,243

Purchase Details

Listed on
Oct 29, 2019
Closed on
Oct 28, 2019
Sold by
Hostage Laura Jean and Estate Of Eric Waldau Hostage
Bought by
Hostage Laura Jean
Seller's Agent
Michelle Pietrouchie-Summers
Valley Star Real Estate
Buyer's Agent
Kathryn Delaney
Valley Star Real Estate
Sold Price
$895

Purchase Details

Closed on
Sep 15, 2004
Sold by
Weiner Theodore
Bought by
Hostage Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,400
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1995
Bought by
Weiner Theodore J
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
Arcas Incorporated $525,000 First United Land Transfer I
Hostage Laura Jean -- None Available
Hostage Eric $164,300 --
Weiner Theodore J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arcas Incorporated $348,750
Previous Owner Hostage Eric W $110,000
Previous Owner Hostage Eric $131,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $525,000 -19.2% $110 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/27/2021 04/27/21 Price Changed $649,900 +4.0% $137 / Sq Ft
04/23/2021 04/23/21 For Sale $625,000 0.0% $131 / Sq Ft
10/23/2020 10/23/20 Rented $895 0.0% --
10/06/2020 10/06/20 Under Contract -- -- --
10/01/2020 10/01/20 For Rent $895 0.0% --
12/02/2019 12/02/19 Rented $895 0.0% --
10/29/2019 10/29/19 For Rent $895 -- --
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 $572 $53,000 $9,800 $43,200
2024 $4,241 $53,000 $9,800 $43,200
2023 $4,188 $53,000 $9,800 $43,200
2022 $4,135 $53,000 $9,800 $43,200
2021 $4,144 $53,000 $9,800 $43,200
2020 $4,091 $53,000 $9,800 $43,200
2019 $4,008 $53,000 $9,800 $43,200
2018 $3,952 $53,000 $9,800 $43,200
2017 $3,871 $53,000 $9,800 $43,200
2016 -- $53,000 $9,800 $43,200
2015 -- $53,000 $9,800 $43,200
2014 -- $53,000 $9,800 $43,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 665768

Greater Lehigh Valley REALTORS®

APN: M4NW1B-10-29-0522