1321 S Howard St Allentown, PA 18103
Southside NeighborhoodEstimated Value: $298,519 - $366,000
4
Beds
2
Baths
1,872
Sq Ft
$175/Sq Ft
Est. Value
Highlights
- Balcony
- Baseboard Heating
- Wall to Wall Carpet
- Patio
About This Home
As of June 2016Terrific 2 unit property on south side of Allentown. This property is a money maker at nearly a 10% cap rate with very low maintenance required to operate. Both units are occupied and tenants pay heat, hot water and electric. Both units are updated with modern kitchen and baths, and have new flooring throughout. This property is ideal for first time or novice investor as well as any savvy investor looking for a great investment return. This is a definite MUST SEE!!!!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,628
Year Built
- Built in 1980
Lot Details
- 4,185 Sq Ft Lot
- Lot Dimensions are 27 x 155
Home Design
- Semi-Detached or Twin Home
- Brick Exterior Construction
Interior Spaces
- 1,872 Sq Ft Home
- 2-Story Property
- Wall to Wall Carpet
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Parking Spaces
- Off-Site Parking
Outdoor Features
- Balcony
- Patio
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 640614003009-1
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $600
- Trash Expense $750
- Water Sewer Expense $600
- Operating Expense $5,728
- Gross Income $20,940
- Net Operating Income $15,212
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 19, 2016
Closed on
Jun 30, 2016
Sold by
Seventh Lv Homes Llc
Bought by
Polanco Josue Mateo
Seller's Agent
Geoff Gunn
Realty Outfitters
Buyer's Agent
Justino Arroyo
Journey Home Real Estate
List Price
$155,000
Sold Price
$152,000
Premium/Discount to List
-$3,000
-1.94%
Total Days on Market
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,130
Avg. Annual Appreciation
8.97%
Original Mortgage
$149,246
Outstanding Balance
$120,958
Interest Rate
3.64%
Mortgage Type
FHA
Estimated Equity
$206,636
Purchase Details
Listed on
Apr 25, 2013
Closed on
Aug 20, 2013
Sold by
The Bank Of New York Mellon
Bought by
Seventh Lv Homes Llc
Seller's Agent
John Gross
BetterHomes&GardensRE/Cassidon
Buyer's Agent
Geoff Gunn
Realty Outfitters
List Price
$114,900
Sold Price
$75,000
Premium/Discount to List
-$39,900
-34.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.24%
Purchase Details
Closed on
Apr 26, 2013
Sold by
Rossi Sheriff Ronald W and Leckey Christopher
Bought by
Bank Of New York Mellon
Purchase Details
Closed on
Nov 30, 2005
Sold by
Mohr Dale M and Mohr Cheryl A
Bought by
Leckey Christopher
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 31, 2004
Sold by
Madain Rick and Madain Trayce Ann
Bought by
Mohr Dale M and Mohr Cheryl A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,800
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 4, 1995
Bought by
Madain Rick and Madain Trayce A
Similar Homes in Allentown, PA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Polanco Josue Mateo | $152,000 | None Available | |
| Seventh Lv Homes Llc | $75,000 | -- | |
| Bank Of New York Mellon | -- | -- | |
| Leckey Christopher | $170,000 | Penntitle Inc | |
| Mohr Dale M | $132,000 | -- | |
| Madain Rick | $90,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Polanco Josue Mateo | $149,246 | |
| Previous Owner | Seventh Lv Homes Llc | $718,250 | |
| Previous Owner | Leckey Christopher | $136,000 | |
| Previous Owner | Mohr Dale M | $118,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2016 06/30/16 | Sold | $152,000 | -1.9% | $81 / Sq Ft |
| 05/27/2016 05/27/16 | Pending | -- | -- | -- |
| 05/19/2016 05/19/16 | For Sale | $155,000 | +106.7% | $83 / Sq Ft |
| 08/28/2013 08/28/13 | Sold | $75,000 | -34.7% | $40 / Sq Ft |
| 05/17/2013 05/17/13 | Pending | -- | -- | -- |
| 04/25/2013 04/25/13 | For Sale | $114,900 | -- | $61 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
Tax History Compared to Growth
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 | $4,693 | $141,800 | $16,500 | $125,300 |
| 2024 | $4,693 | $141,800 | $16,500 | $125,300 |
| 2023 | $4,693 | $141,800 | $16,500 | $125,300 |
| 2022 | $4,532 | $141,800 | $125,300 | $16,500 |
| 2021 | $4,443 | $141,800 | $16,500 | $125,300 |
| 2020 | $4,329 | $141,800 | $16,500 | $125,300 |
| 2019 | $4,260 | $141,800 | $16,500 | $125,300 |
| 2018 | $3,964 | $141,800 | $16,500 | $125,300 |
| 2017 | $3,865 | $141,800 | $16,500 | $125,300 |
| 2016 | -- | $141,800 | $16,500 | $125,300 |
| 2015 | -- | $141,800 | $16,500 | $125,300 |
| 2014 | -- | $141,800 | $16,500 | $125,300 |
Source: Public Records
Agents Affiliated with this Home
-
Geoff Gunn
G
Seller's Agent in 2016
Geoff Gunn
Realty Outfitters
(484) 201-5251
6 in this area
76 Total Sales
-
Justino Arroyo
Buyer's Agent in 2016
Justino Arroyo
Journey Home Real Estate
(610) 844-2693
23 in this area
276 Total Sales
-
John Gross
J
Seller's Agent in 2013
John Gross
BetterHomes&GardensRE/Cassidon
(610) 882-3135
2 in this area
115 Total Sales
-
Melissa Woodruff
Seller Co-Listing Agent in 2013
Melissa Woodruff
Kay Builders, Inc.
(610) 395-6857
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 521495
APN: 640614003009-1
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.
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.
Nearby Homes
- 2212 S Melrose St
- 750 Blue Heron Dr
- 740 Blue Heron Dr
- 840 842 S 10th St
- 840 S 10th St Unit 842
- 802 Saint John St
- 723 Saint John St
- 732 Lehigh St
- 639 Dixon St
- 630 Lehigh St
- 1939 Virginia St
- 345 W Wabash St
- 1163 Lova Ln
- 606 S 5th St
- 2167 S Poplar St
- 1208 W Union St
- 205 W Wabash St
- 566 588 W Emaus Ave
- 1752 Chapel Ave
- 128 S 12th St
- 1321 S Howard St
- 1323 S Howard St
- 1319 S Howard St
- 1319 S Howard St Unit 4
- 1317 S Howard St
- 1325 S Howard St
- 1315 S Howard St
- 1327 S Howard St
- 1327 S Howard St Unit 1
- 1327 S Howard St Unit 1 first floor
- 1329 S Howard St
- 1329 S Howard St Unit 1 first floor
- 1329 S Howard St Unit 2 Second floor
- 1331 S Howard St
- 1331 S Howard St Unit 2
- 1320 S 10th St Unit 1322
- 1320 S 10th St Unit 2
- 1320 S 10th St Unit 1
- 1320 S 10th St
- 1333 S Howard St