NOT LISTED FOR SALE

1236 Walnut St Allentown, PA 18102

Center City Neighborhood

Estimated Value: $324,000 - $353,000

5 Beds
3 Baths
-- Sq Ft
1,873 Sq Ft Lot

Last Sold July 29, 2016

Last sale price $147,500

Est. 131% increase in value since last sale

Current estimated payment $2,182/month

260 Days on Market

About This Home

As of July 2016

Great rental history for this 3 unit located in Allentown. The units are all large and well maintained. Owner selling to downsize his real estate portfolio. Schedule your showing today. This listing can also be packaged with 1238 Walnut Street. 11% CAP rate on stated income and expenses.

Last Agent to Sell the Property

Costas Hrousis

Veraxia Commercial Real Estate Listed on: 09/28/2015

Co-Listed By

Shawn Donahue

Veraxia Commercial Real Estate

Last Buyer's Agent

Jennifer de Jesus

Steel City Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1909

Lot Details

  • 1,873

Home Design

  • Converted Dwelling
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 549688152835 001

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,121
  • Water Sewer Expense $657
  • Operating Expense $7,148
  • Gross Income $27,360
  • Net Operating Income $20,212

Property Details

Home Type

Multi-Family

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Converted
  • County Assessment: 129100.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1909
  • Special Features: None

Interior Features

  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 5

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: No Air
  • Heat Type: Forced Air
  • Sewer: Public
  • Water: Public
  • Gas: 796
  • Insurance: 1121
  • Water Sewer: 657

Fee Information

  • Operating Expense: 7148

Schools

  • School District: Allentown

Lot Info

  • Zoning Code: R-H

Tax Info

  • Assessor Parcel Number: 549688152835 001
  • County Taxes: 484.13
  • Total Taxes: 4574.00

Multi Family

  • Total Units: 2
  • Total Unit Count: 3

MLS Schools

  • School District: Allentown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2025
Sold by
1236-1238 Walnut Llc
Bought by
Pa 8 Walnut 1236 Llc
Total Days on Market
260
Current Estimated Value
$340,156

Purchase Details

Closed on
Oct 5, 2022
Sold by
Wolfe Richard and Wolfe Penelope
Bought by
1236-1238 Walnut Llc

Purchase Details

Listed on
Sep 28, 2015
Closed on
Jul 28, 2016
Sold by
Roufakis Pantelis and Roufakis Amalia
Bought by
Wolfe Richard and Wolfe Penelope
Seller's Agent
Costas Hrousis
Veraxia Commercial Real Estate
Buyer's Agent
Jennifer de Jesus
Steel City Realty
List Price
$155,000
Sold Price
$147,500
Premium/Discount to List
-$7,500
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.59%
Original Mortgage
$110,625
Interest Rate
3.56%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Pa 8 Walnut 1236 Llc $337,500 None Listed On Document
1236-1238 Walnut Llc $257,500 --
Wolfe Richard $147,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wolfe Richard $110,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $147,500 -4.8% --
06/14/2016 06/14/16 Pending -- -- --
09/28/2015 09/28/15 For Sale $155,000 -- --
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 $4,112 $129,100 $6,600 $122,500
2024 $4,112 $129,100 $6,600 $122,500
2023 $4,112 $129,100 $6,600 $122,500
2022 $3,965 $129,100 $122,500 $6,600
2021 $3,884 $129,100 $6,600 $122,500
2020 $3,780 $129,100 $6,600 $122,500
2019 $3,718 $129,100 $6,600 $122,500
2018 $3,482 $129,100 $6,600 $122,500
2017 $3,392 $129,100 $6,600 $122,500
2016 -- $129,100 $6,600 $122,500
2015 -- $129,100 $6,600 $122,500
2014 -- $129,100 $6,600 $122,500
Source: Public Records

Agents Affiliated with this Home

  • Costas Hrousis

    Seller's Agent in 2016

    Costas Hrousis

    Veraxia Commercial Real Estate

    (484) 895-1596

    Costas Hrousis
    Section Image
  • Shawn Donahue

    Seller Co-Listing Agent in 2016

    Shawn Donahue

    Veraxia Commercial Real Estate

    (484) 239-6164

    1 Total Sale

    Shawn Donahue
    Section Image
  • Jennifer de Jesus

    Buyer's Agent in 2016

    Jennifer de Jesus

    Steel City Realty

    (610) 333-4250

    141 in this area

    429 Total Sales

    Jennifer de Jesus
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 505502

Greater Lehigh Valley REALTORS®

APN: 549688152835-1

Pennsylvania Lehigh County Allentown 18102 Center City

1236 Walnut St, Allentown, PA

This home is located at 1236 Walnut St, Allentown, PA 18102 since 28 September 2015 and is currently estimated at $340,156. This property was built in 1909. 1236 Walnut St is a home located in Lehigh County with nearby schools including Union Terrace Elementary School, Francis D Raub Middle School, and William Allen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Lehigh Valley REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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