NOT LISTED FOR SALE

Estimated Value: $684,000 - $1,316,000

8 Beds
8 Baths
3,304 Sq Ft
$303/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $545,000 $165 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,541/month

91 Days on Market

Highlights

  • Balcony
  • Storm Doors
  • Heating Available
  • Patio

About This Home

As of May 2016

Eight one bedroom rental units in a unique rural setting. This fully occupied investment property is a great income producing opportunity. Current owner of 27 years has maintained the property over the years. Property consists of two buildings each with four units each. One building was built in 1900 and renovated in 1965, the other was built in 1965. All windows were replaced in 2003 in both buildings. Plenty of off street parking. Two units enjoy a balcony and two have a paver patio. Small lot next to property is included in the sale (Tax ID #Q6 3 12D 0719) which contains a second well (never needed to be used). Great location, just out of the city.

Last Agent to Sell the Property

Megan Miller

Klein Real Estate/David A Listed on: 12/09/2015

Last Buyer's Agent

Patricia Spitzer

Weichert Realtors - Allentown

Weichert Realtors - Allentown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,251

Year Built

  • Built in 1900

Lot Details

  • Property is zoned R40

Home Design

  • 3,304 Sq Ft Home
  • Brick Exterior Construction
  • Stone

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Parking

  • 12 Parking Spaces
  • Paved Parking

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number Q6 3 12A 0719

Community Details

Overview

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,251

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Detached
  • County Assessment: 102700.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Features: Balcony, Patio, Storm Doors
  • Bathrooms: Modern
  • Bathrooms: 8
  • Full Bathrooms: 8
  • Bedrooms: 8
  • Square Footage: 3304

Exterior Features

  • Construction: Aluminum, Brick, Stone

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 12

Utilities

  • Cooling: Window AC
  • Heat Type: Electric
  • Sewer: Septic
  • Water: Well
  • Electric: 528
  • Insurance: 3500
  • Trash Removal: 780
  • Water Sewer: 38

Condo/Co-op/Association

  • Lawn Snow Removal: 6000
  • Maintenance Repair: 5500

Fee Information

  • Operating Expense: 23979

Schools

  • School District: Saucon Valley

Lot Info

  • Zoning Code: R40

Rental Info

  • Other Expenses: 500

Tax Info

  • Assessor Parcel Number: Q6 3 12A 0719
  • County Taxes: 1109.16
  • Municipal Taxes: 527.88
  • Total Taxes: 7250.52

Multi Family

  • School Taxes: 5613.48
  • Total Units: 8
  • Total Unit Count: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2015
Closed on
May 13, 2016
Sold by
Bartholomew Dean A and Bartholomew Linda C
Bought by
Donnelly Frank and Donnelly Nancy L
Seller's Agent
Megan Miller
Klein Real Estate/David A
Buyer's Agent
Patricia Spitzer
Weichert Realtors - Allentown
List Price
$575,000
Sold Price
$545,000
Premium/Discount to List
-$30,000
-5.22%
Total Days on Market
91
Current Estimated Value
$1,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$455,000
Avg. Annual Appreciation
3.16%
Original Mortgage
$436,000
Outstanding Balance
$352,280
Interest Rate
3.71%
Mortgage Type
Commercial
Estimated Equity
$375,220

Purchase Details

Closed on
Dec 1, 1988
Bought by
Bartholomew Dean A and Bartholomew Linda C
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
Donnelly Frank $545,000 None Available
Bartholomew Dean A $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donnelly Frank $436,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2016 05/13/16 Sold $545,000 -5.2% $165 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
12/09/2015 12/09/15 For Sale $575,000 -- $174 / 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 $1,106 $102,400 $20,700 $81,700
2024 $7,229 $102,400 $20,700 $81,700
2023 $7,229 $102,400 $20,700 $81,700
2022 $7,103 $102,400 $20,700 $81,700
2021 $7,206 $102,400 $20,700 $81,700
2020 $7,334 $102,400 $20,700 $81,700
2019 $21 $102,400 $20,700 $81,700
2018 $7,242 $102,400 $20,700 $81,700
2017 $7,058 $102,400 $20,700 $81,700
2016 -- $102,400 $20,700 $81,700
2015 -- $102,400 $20,700 $81,700
2014 -- $102,400 $20,700 $81,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 509700

Greater Lehigh Valley REALTORS®

APN: Q6-3-12A-0719