NOT LISTED FOR SALE

1321 S Howard St Allentown, PA 18103

Southside Neighborhood

Estimated Value: $300,095 - $340,000

4 Beds
2 Baths
1,872 Sq Ft
$168/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $152,000 $81 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,054/month

8 Days on Market

Highlights

  • Balcony
  • Baseboard Heating
  • Wall to Wall Carpet
  • Patio

About This Home

As of June 2016

Terrific 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!!!!

Last Agent to Sell the Property

Geoff Gunn

Realty Outfitters License #RS281330 Listed on: 05/19/2016

Last Buyer's Agent

Justino Arroyo

Journey Home Real Estate

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,628

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Semi Detached/Twin
  • Technology: Cable
  • County Assessment: 141800.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Features: Balcony, Patio, Wall-to-Wall Carpet, Wash/Dry Hook-ups
  • Bathrooms: Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Square Footage: 1872

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Off Site
  • Parking Spaces: 2

Utilities

  • Cooling: Wall AC
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 600
  • Trash Removal: 750
  • Water Sewer: 600

Fee Information

  • Operating Expense: 5728

Lot Info

  • Acres: 0.096
  • Lot Dimensions: 27 X 155
  • Lot Sq Ft: 4185
  • Zoning Code: RM

Tax Info

  • Assessor Parcel Number: 640614003009-1
  • County Taxes: 537.42
  • Municipal Taxes: 742.30
  • Total Taxes: 3627.94
  • Taxes: 3628

Multi Family

  • School Taxes: 2348.21
  • Total Units: 2
  • Total Unit Count: 2

MLS Schools

  • School District: Allentown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2025
Sold by
Polanco Josue Mateo
Bought by
Jm Keystone Realty Llc
Current Estimated Value
$315,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,250
Outstanding Balance
$230,250
Interest Rate
6.34%
Mortgage Type
Credit Line Revolving
Estimated Equity
$84,774

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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%
Original Mortgage
$149,246
Interest Rate
3.64%
Mortgage Type
FHA

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
Jack 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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jm Keystone Realty Llc -- Settlement Company Pa
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 Jm Keystone Realty Llc $230,250
Previous Owner Polanco Josue Mateo $149,246
Previous Owner Leckey Christopher $136,000
Previous Owner Mohr Dale M $118,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

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 $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

  • G

    Seller's Agent in 2016

    Geoff Gunn

    Realty Outfitters

    (484) 201-5251

    6 in this area

    66 Total Sales

    Geoff Gunn
    Section Image
  • Justino Arroyo

    Buyer's Agent in 2016

    Justino Arroyo

    Journey Home Real Estate

    (610) 844-2693

    18 in this area

    236 Total Sales

    Justino Arroyo
    Section Image
  • Jack Gross

    Seller's Agent in 2013

    Jack Gross

    BetterHomes&GardensRE/Cassidon

    (610) 751-3945

    1 in this area

    133 Total Sales

    Jack Gross
    Section Image
  • Melissa Woodruff

    Seller Co-Listing Agent in 2013

    Melissa Woodruff

    Kay Builders, Inc.

    (610) 395-6857

    Melissa Woodruff
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 521495

Greater Lehigh Valley REALTORS®

APN: 640614003009-1

Pennsylvania Lehigh County Allentown 18103 Southside

1321 S Howard St, Allentown, PA

Not Listed for Sale

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