NOT LISTED FOR SALE

Estimated Value: $306,040 - $345,000

4 Beds
2 Baths
1,871 Sq Ft
$175/Sq Ft Est. Value

Last Sold February 24, 2017

Last sale price $155,000 $83 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,171/month

6 Days on Market

About This Home

As of February 2017

Well-maintained Investment Property offering 2 units, each with 2 Bedrooms and 1 Bath. Open Concept Living Room/Dining Room, Modern Kitchen. Each unit has sliding glass doors leading out to a patio off the Dining Room. Both tenants have a storage room. All electric. There are 2 other Investment Properties on S. Howard St. that are almost identical to this property that are also available, MLS 535318 & 535321.

Last Agent to Sell the Property

Richard Woodring

BHHS Fox & Roach Center Valley Listed on: 12/07/2016

Last Buyer's Agent

Fred Suter

IronValley RE of Lehigh Valley

IronValley RE of Lehigh Valley

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,871

Year Built

  • Built in 1980

Lot Details

  • 4,186 Sq Ft Lot
  • Lot Dimensions are 27x155

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,871 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Paved Parking

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 640613094804001

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $706
  • Water Sewer Expense $673
  • Operating Expense $6,235
  • Gross Income $20,580
  • Net Operating Income $14,345

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,871

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • 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
  • Bathrooms: Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Square Footage: 1871

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 4

Utilities

  • Cooling: Wall AC
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 706
  • Water Sewer: 673

Condo/Co-op/Association

  • Lawn Snow Removal: 316

Fee Information

  • Operating Expense: 6235

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.096
  • Lot Dimensions: 27x155
  • Lot Sq Ft: 4186
  • Zoning Code: R-M Medium Density Residential

Tax Info

  • Assessor Parcel Number: 640613094804001
  • County Taxes: 521.82
  • Municipal Taxes: 750.21
  • Total Taxes: 3871.04

Multi Family

  • School Taxes: 2599.01
  • Total Units: 2
  • Total Unit Count: 2

MLS Schools

  • School District: Allentown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2016
Closed on
Feb 24, 2017
Sold by
Deromo Michael J
Bought by
Rabari Sunilkumar C and Patel Hiteshkumar
Seller's Agent
Richard Woodring
BHHS Fox & Roach Center Valley
Buyer's Agent
Fred Suter
IronValley RE of Lehigh Valley
List Price
$155,000
Sold Price
$155,000
Current Estimated Value
$326,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,760
Avg. Annual Appreciation
9.27%
Original Mortgage
$116,250
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 1998
Sold by
Deromo Esther C
Bought by
Deromo Michael J

Purchase Details

Closed on
Aug 13, 1981
Bought by
Deromo Michael J and Deromo Esther C
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
Rabari Sunilkumar C $155,000 None Available
Deromo Michael J -- --
Deromo Michael J $68,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Hiteshkumar $650,000
Closed Rabari Sunilkumar C $116,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2017 02/24/17 Sold $155,000 0.0% $83 / Sq Ft
12/13/2016 12/13/16 Pending -- -- --
12/07/2016 12/07/16 For Sale $155,000 -- $83 / 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

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 535320

Greater Lehigh Valley REALTORS®

APN: 640613094804-1