NOT LISTED FOR SALE

127 Chestnut St Allentown, PA 18101

1st Ward Neighborhood

Estimated Value: $136,000 - $168,399

4 Beds
1 Bath
1,442 Sq Ft
$105/Sq Ft Est. Value

Last Sold March 18, 2019

Last sale price $61,000 $42 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $985/month

5 Days on Market

About This Home

As of March 2019

TURN KEY money-maker. 4 Bedroom home. LOW TAXES $1496. Tenants pay ALL utilities and maintain the property! GREAT RETURN ON INVESTMENT! 15 CAP rate. NEW ROOF & FURNACE. Tucked away on a quiet block, this well maintained and thoroughly upgraded home is ideal for an Owner Occupant who wants a great deal on a home, or an INVESTOR seeking a money maker that is set up for long term profits. LOTS of APPEAL to RETAIN TENANTS: spacious rooms, modern bathroom, upgraded electric, low cost gas heat, large, dry basement, fenced yard & covered patio for privacy and quality of life elements. Perfectly located for easy renting and future appreciation potential! Purposely kept unoccupied for sales (in case of owner occupant buyer). The only thing permanent is change, and Change is Happening in Allentown! The nearby Waterfront Redevelopment Zone is being transformed to a location most won't recognize in years to come

Last Agent to Sell the Property

Gary Elbert

Bellman & Radcliff Listed on: 02/12/2019

Co-Listed By

Evelyn Martinez

Bellman & Radcliff

Last Buyer's Agent

Louie Falco

Rudy Amelio Real Estate

Rudy Amelio Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,422

Year Built

  • Built in 1900

Lot Details

  • 2,788

Home Design

  • Semi-Detached or Twin Home
  • Brick Exterior Construction

Interior Spaces

  • 1,442 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Gas

Community Details

  • Insurance Expense $560
  • Trash Expense $375
  • Operating Expense $2,431
  • Gross Income $12,000
  • Net Operating Income $9,569

Listing and Financial Details

  • Assessor Parcel Number 640742578475001

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,422

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Semi Detached/Twin
  • County Assessment: 52700.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 4
  • Square Footage: 1442

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: No Air
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 560
  • Trash Removal: 375

Fee Information

  • Operating Expense: 2431

Schools

  • School District: Allentown

Lot Info

  • Zoning Code: R-mH

Tax Info

  • Assessor Parcel Number: 640742578475001
  • Total Taxes: 1422.46

Multi Family

  • Total Units: 1
  • Total Unit Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2019
Closed on
Mar 18, 2019
Sold by
Stemrich Joseph P and Stemrich Camilla J
Bought by
Avleen Developers Llc
Seller's Agent
Gary Elbert
Bellman & Radcliff
Buyer's Agent
Louie Falco
Rudy Amelio Real Estate
List Price
$63,500
Sold Price
$61,000
Premium/Discount to List
-$2,500
-3.94%
Current Estimated Value
$151,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,800
Avg. Annual Appreciation
15.38%

Purchase Details

Closed on
Mar 2, 1957
Bought by
Zeglowitsch Frederick H and Zeglowitsch Eleanor L
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
Avleen Developers Llc $61,000 None Available
Zeglowitsch Frederick H -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2019 03/18/19 Sold $61,000 -3.9% $42 / Sq Ft
02/17/2019 02/17/19 Pending -- -- --
02/12/2019 02/12/19 For Sale $63,500 -- $44 / 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 $1,726 $52,700 $5,200 $47,500
2024 $1,726 $52,700 $5,200 $47,500
2023 $1,726 $52,700 $5,200 $47,500
2022 $1,666 $52,700 $47,500 $5,200
2021 $1,633 $52,700 $5,200 $47,500
2020 $1,591 $52,700 $5,200 $47,500
2019 $1,565 $52,700 $5,200 $47,500
2018 $1,459 $52,700 $5,200 $47,500
2017 $1,422 $52,700 $5,200 $47,500
2016 -- $52,700 $5,200 $47,500
2015 -- $52,700 $5,200 $47,500
2014 -- $52,700 $5,200 $47,500
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2019

    Gary Elbert

    Bellman & Radcliff

    (610) 393-1801

    1 in this area

    125 Total Sales

    Gary Elbert
    Section Image

  • E

    Seller Co-Listing Agent in 2019

    Evelyn Martinez

    Bellman & Radcliff

    (484) 951-5846

    1 in this area

    79 Total Sales

    Evelyn Martinez
    Section Image

  • L

    Buyer's Agent in 2019

    Louie Falco

    Rudy Amelio Real Estate

    (610) 393-2694

    49 Total Sales

    Louie Falco
    Section Image
See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 601753

Greater Lehigh Valley REALTORS®

APN: 640742578475-1

Pennsylvania Lehigh County Allentown 18101 1st Ward

127 Chestnut St, Allentown, PA

This home is located at 127 Chestnut St, Allentown, PA 18101 since 12 February 2019 and is currently estimated at $151,800, approximately $105 per square foot. This property was built in 1900. 127 Chestnut St is a home located in Lehigh County with nearby schools including Mosser Elementary School, Harrison-Morton Middle School, and Louis E. Dieruff 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.
Information is deemed reliable but not guaranteed.

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