NOT LISTED FOR SALE

Estimated Value: $199,000 - $224,000

4 Beds
1.5 Baths
1,944 Sq Ft
$107/Sq Ft Est. Value

Last Sold August 01, 2018

Last sale price $75,000 $39 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $1,301/month

3 Days on Market

Highlights

  • Forced Air Heating System
  • Baseboard Heating
  • 3-minute walk to Allentown Arts Park

About This Home

As of August 2018

Plug and Play! Looking for an easy turn-key investment property to start or add to your portfolio? THIS IS THE ONE! AHA (Allentown Housing Authority) approved, LONG TERM (8 YEARS) TENANT. Guaranteed rent paid every month! Well cared for updated row-home, steps from downtown restaurants, art-walk, shopping. 4 bedrooms, 2 baths, fenced yard on a quiet side street. Newer furnace, newer roof, new sewer line just installed! Entire home has been updated and flawlessly maintained from top to bottom. Nothing to do here but collect the rent. CLEAR C/O. Tenant keeps the home impeccably clean and spotless. Schedule a showing and make an offer today.

Last Agent to Sell the Property

Marlene Catalano

The Collective RE Agency License #RM425472 Listed on: 07/01/2018

The Collective RE Agency

Last Buyer's Agent

Rick Pongracz

Coldwell Banker Hearthside

Coldwell Banker Hearthside

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1870

Lot Details

  • 1,620 Sq Ft Lot
  • Lot Dimensions are 18 x 90

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,944 Sq Ft Home
  • 2.5-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 640711976527-00001

Community Details

Building Details

  • Insurance Expense $686
  • Maintenance Expense $123
  • Water Sewer Expense $360
  • Operating Expense $1,046
  • Gross Income $11,700
  • Net Operating Income $8,658

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row/Townhouse
  • Technology: Cable, Smk Detector Battery
  • County Assessment: 72700.00
  • Stories: 2.5
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1870
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 4
  • Square Footage: 1944

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric, Forced Air, Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 686
  • Water Sewer: 360

Condo/Co-op/Association

  • Maintenance Repair: 123

Fee Information

  • Operating Expense: 1046

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.037
  • Lot Dimensions: 18 X 90
  • Lot Sq Ft: 1620
  • Zoning Code: R-H

Tax Info

  • Assessor Parcel Number: 640711976527-00001
  • County Taxes: 264.63
  • Municipal Taxes: 348.93
  • Total Taxes: 1996.69

Multi Family

  • School Taxes: 1383.13
  • Total Units: 1
  • Total Unit Count: 1

MLS Schools

  • School District: Allentown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2018
Closed on
Jul 30, 2018
Sold by
Gemstone Holdings Llc
Bought by
Rzeznik Ignatius R and Rzeznik Irene
Seller's Agent
Marlene Catalano
The Collective RE Agency
Buyer's Agent
Rick Pongracz
Coldwell Banker Hearthside
List Price
$79,000
Sold Price
$75,000
Premium/Discount to List
-$4,000
-5.06%
Current Estimated Value
$208,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,271
Avg. Annual Appreciation
15.29%

Purchase Details

Closed on
Feb 19, 2010
Sold by
Rhoads Philip G
Bought by
Gemstone Holdings

Purchase Details

Closed on
Feb 16, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Rhoads Philip G

Purchase Details

Closed on
Apr 6, 2004
Sold by
Trainer Jeffrey A and Smith David M
Bought by
Ayuso Ii Edward E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,200
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 1998
Sold by
Roudebush Barbara
Bought by
Trainer Jeffery A and Smith David M
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
Rzeznik Ignatius R $75,000 Realty Abstract Inc
Gemstone Holdings $27,000 --
Rhoads Philip G $27,000 --
Ayuso Ii Edward E $39,000 --
Trainer Jeffery A $19,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ayuso Ii Edward E $31,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2018 08/01/18 Sold $75,000 -5.1% $39 / Sq Ft
07/04/2018 07/04/18 Pending -- -- --
07/01/2018 07/01/18 For Sale $79,000 -- $41 / 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 $2,361 $72,700 $6,100 $66,600
2024 $2,361 $72,700 $6,100 $66,600
2023 $2,361 $72,700 $6,100 $66,600
2022 $2,278 $72,700 $66,600 $6,100
2021 $2,233 $72,700 $6,100 $66,600
2020 $2,174 $72,700 $6,100 $66,600
2019 $2,139 $72,700 $6,100 $66,600
2018 $1,997 $72,700 $6,100 $66,600
2017 $1,946 $72,700 $6,100 $66,600
2016 -- $72,700 $6,100 $66,600
2015 -- $72,700 $6,100 $66,600
2014 -- $72,700 $6,100 $66,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 584750

Greater Lehigh Valley REALTORS®

APN: 640711976527-1