NOT LISTED FOR SALE
-- Bed
-- Bath
48,160 Sq Ft
9,409 Sq Ft Lot

Last Sold January 04, 2018

Last sale price $2,100,000 $44 Per Sq Ft

414 Days on Market

Highlights

  • 0.22 Acre Lot
  • Balcony
  • Home Security System
  • <<bathWithWhirlpoolToken>>
  • Intercom
  • Handicap Modified

About This Home

As of January 2018

The "Versailles At Eighth" consist of 16 residential apartments and 1 commercial space. New York style, spacious "loft" open concept apartments. The Penthouse on the 5th fl. is 3400 SF. "The Jewel that Tops the Crown" The other apartments range in size from 1,000sf to 1,500sf. All top of the line stainless appliances, Bosch washer/dryers (in each unit), kitchen disposals, upgraded light fixtures... True NY style loft apt. High ceilings , exposed pipes, polished concrete floors. Secure parking garage for 10 spaces makes this ideal luxury apartments. Dedicated outdoor permit parking lot. Security cameras, and key fob entry! Close (1 block) to all downtown business and the New Allentown Hockey Arena and entertainment Center and all restaurants and major Rds.

Last Agent to Sell the Property

Kenneth Palumbo

HowardHanna TheFrederickGroup Listed on: 09/01/2016

HowardHanna TheFrederickGroup

Last Buyer's Agent

Kenneth Palumbo

HowardHanna TheFrederickGroup Listed on: 09/01/2016

HowardHanna TheFrederickGroup

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $36,560

Year Built

  • Built in 1930

Lot Details

  • 9,409

Home Design

  • Brick Exterior Construction

Interior Spaces

  • <<bathWithWhirlpoolToken>>
  • 48,160 Sq Ft Home
  • Wall to Wall Carpet
  • Disposal
  • Washer and Dryer Hookup

Home Security

  • Home Security System
  • Intercom
  • Fire and Smoke Detector
  • Fire Escape

Parking

  • 22 Car Garage
  • Parking Permit Required

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Hot Water Heating System
  • Internet Available
  • Cable TV Available

Additional Features

  • Handicap Modified
  • Balcony
  • 9,409 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 640700098771

Community Details

Overview

  • 16 Units
  • 5-Story Property

Building Details

  • Electric Expense $11,861
  • Insurance Expense $8,804
  • Water Sewer Expense $1,592
  • Operating Expense $75,882
  • Gross Income $272,280
  • Net Operating Income $196,397

Property Details

Home Type

Apartment

Est. Annual Taxes

$36,560

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Complex
  • Technology: Cable, DSL, Intercom, Security System, Security Wired, Smk Detector Battery, Smoke Detector Wired
  • County Assessment: 1406500.00
  • Stories: 5.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1930
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Features: Balcony, Disposal, Fire Escape, Handicap Equipped, Intercom, Rewired, Wall-to-Wall Carpet, Wash/Dry Hook-ups, Whirlpool
  • Bathrooms: Modern
  • Square Footage: 48160

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Garage, Paved Lot, Permit
  • Parking Spaces: 22

Utilities

  • Cooling: Central AC
  • Heat Type: Electric, Forced Air, Heat Pump, Hot Water
  • Sewer: Public
  • Water: Public
  • Electric: 11861
  • Insurance: 8804
  • Water Sewer: 1592

Condo/Co-op/Association

  • Lawn Snow Removal: 2301

Fee Information

  • Operating Expense: 75882

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.216
  • Lot Sq Ft: 9409
  • Zoning Code: B-2 Central Business

Tax Info

  • Assessor Parcel Number: 640700098771
  • County Taxes: 5175.92
  • Municipal Taxes: 5605.09
  • Total Taxes: 36560.33

Multi Family

  • School Taxes: 25779.32
  • Total Units: 16
  • Total Unit Count: 1

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
01/04/2018 01/04/18 Sold $2,100,000 -29.4% $44 / Sq Ft
10/20/2017 10/20/17 Pending -- -- --
09/01/2016 09/01/16 For Sale $2,975,000 0.0% $62 / Sq Ft
04/24/2014 04/24/14 Rented $1,000 0.0% --
04/24/2014 04/24/14 Under Contract -- -- --
06/06/2012 06/06/12 For Rent $1,000 -33.3% --
06/01/2012 06/01/12 Rented $1,500 0.0% --
05/15/2012 05/15/12 Under Contract -- -- --
01/08/2012 01/08/12 For Rent $1,500 -- --
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 528966

Greater Lehigh Valley REALTORS®