NOT LISTED FOR SALE

Estimated Value: $286,000 - $455,673

4 Beds
3 Baths
2,156 Sq Ft
$169/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $388,000 $180 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,953/month

20 Days on Market

About This Home

As of December 2023

Don't miss this Rare Opportunity to acquire a Showcase 2 unit
property. $37,500 Gross Rent (below market). $31,904 Net
Income Tenants pay All utilities (Elec/Heat/Water). Extremely
appealing interior renovations have created two beautiful
Living Spaces positioned to generate maximum rents with
minimal maintenance required. This is that "Unicorn" property
where both rental units are of a quality suitable for owner
occupancy. Beautifully redesigned floor plans. 1st floor is a
spacious 1 bedroom unit with 1 1/2 bathrooms, laundry & walk
in closet, The oversized Upper Apt has 2/3 bedroom-bonus
room with 2 Full Bathrooms. Abundant kitchen cabinetry,
generous room sizes, kitchen islands & peninsulas, beautifully
crafted ceramic tile bathrooms w/dual bath and shower setups.
Many upgraded touches throughout w/double French doors,
new fixtures, new interior & exterior doors, lighting, controls &
hardware. Both have private porch and back doors for outdoor
access/enjoyment. Sizable back yard has room to park 2 cars.
Exterior improvements have been thoughtfully completed for
little maintenance concern. This TURN KEY property is ready for
long-term profitable operation. Apt 1 is now being kept vacant
for sale process. Will re-rent that apartment if buyer prefers.

Last Agent to Sell the Property

Evelyn Martinez

Bellman & Radcliff Listed on: 10/16/2023

Co-Listed By

Gary Elbert

Bellman & Radcliff

Last Buyer's Agent

Evelyn Martinez

Bellman & Radcliff Listed on: 10/16/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,709

Year Built

  • Built in 1900

Lot Details

  • 2,530

Home Design

  • Semi-Detached or Twin Home
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,156 Sq Ft Home
  • 3-Story Property
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Unpaved Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Balcony
  • 2,530 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number L9SW2B 21 3 0310

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $351
  • Insurance Expense $1,386
  • Operating Expense $5,596
  • Gross Income $37,500
  • Net Operating Income $31,904

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,709

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Semi Detached/Twin
  • County Assessment: 35300.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Features: Balcony, Wash/Dry Hook-ups
  • Bathrooms: Modern
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Square Footage: 2156

Exterior Features

  • Construction: Frame, Vinyl

Garage/Parking

  • Parking: Unpaved Lot
  • Parking Spaces: 4

Utilities

  • Cooling: Window ACs
  • Heat Type: Forced Air, Gas
  • Sewer: Public
  • Water: Public
  • Electric: 351
  • Insurance: 1386

Fee Information

  • Operating Expense: 5596

Lot Info

  • Acres: 0.058
  • Lot Sq Ft: 2530
  • Zoning Code: B-NS-BUSINESS/NEIGHBORHOOD SERVICE

Tax Info

  • Assessor Parcel Number: L9SW2B 21 3 0310
  • County Taxes: 381.24
  • Municipal Taxes: 880.74
  • Total Taxes: 3708.98

Multi Family

  • School Taxes: 2447.00
  • Total Units: 2
  • Total Unit Count: 2

MLS Schools

  • School District: Easton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Dec 14, 2023
Sold by
Artimovich John and Artimovich Margaret
Bought by
Martino Michael
Seller's Agent
Evelyn Martinez
Bellman & Radcliff
Buyer's Agent
Evelyn Martinez
Bellman & Radcliff
List Price
$388,000
Sold Price
$388,000
Views
6
Current Estimated Value
$363,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,582
Avg. Annual Appreciation
-3.46%
Original Mortgage
$337,250
Outstanding Balance
$331,652
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$31,766

Purchase Details

Listed on
Dec 10, 2015
Closed on
Feb 2, 2016
Sold by
Fannie Mae
Bought by
Artimovich John and Artimovich Margaret
Seller's Agent
David Bohning
BHHS Fox & Roach Bethlehem
Buyer's Agent
John Ebeling
BHHS Fox & Roach Bethlehem
List Price
$51,000
Sold Price
$48,000
Premium/Discount to List
-$3,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.37%

Purchase Details

Listed on
Dec 10, 2015
Closed on
Dec 8, 2015
Sold by
Brown Sahib H and Brown Tara
Bought by
Federal National Mortgage Association
Seller's Agent
David Bohning
BHHS Fox & Roach Bethlehem
Buyer's Agent
John Ebeling
BHHS Fox & Roach Bethlehem
List Price
$51,000
Sold Price
$48,000
Premium/Discount to List
-$3,000
-5.88%
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
Martino Michael $388,000 Parkland Abstract
Artimovich John $48,000 Attorney
Federal National Mortgage Association $1,451 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martino Michael $337,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2023 12/20/23 Sold $388,000 0.0% $180 / Sq Ft
11/05/2023 11/05/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $388,000 +708.3% $180 / Sq Ft
02/03/2016 02/03/16 Sold $48,000 -5.9% $22 / Sq Ft View Prior Sale
01/19/2016 01/19/16 Pending -- -- --
12/10/2015 12/10/15 For Sale $51,000 -- $24 / 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 $450 $41,700 $10,900 $30,800
2024 $4,326 $41,700 $10,900 $30,800
2023 $3,662 $35,300 $10,900 $24,400
2022 $3,616 $35,300 $10,900 $24,400
2021 $3,606 $35,300 $10,900 $24,400
2020 $3,604 $35,300 $10,900 $24,400
2019 $5,347 $35,300 $10,900 $24,400
2018 $3,511 $35,300 $10,900 $24,400
2017 $3,442 $35,300 $10,900 $24,400
2016 -- $35,300 $10,900 $24,400
2015 -- $35,300 $10,900 $24,400
2014 -- $35,300 $10,900 $24,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 725719

Greater Lehigh Valley REALTORS®

APN: L9SW2B-21-3-0310