NOT LISTED FOR SALE

1324 S Fountain St Allentown, PA 18103

Southside Neighborhood

Estimated Value: $314,147 - $361,000

4 Beds
2 Baths
2,000 Sq Ft
$171/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $245,000 $122 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,337/month

6 Days on Market

About This Home

As of July 2021

Beautiful two units building in the south of Allentown, Well maintained , Good income with possibility to increase it, Tenants contracts are month to month leases, You can live in one unit and rent the other , You must see.

Last Agent to Sell the Property

Nazih Ajami

IronValley RE of Lehigh Valley License #RS297935 Listed on: 06/23/2021

IronValley RE of Lehigh Valley

Last Buyer's Agent

Eric T. Neith

EXP Realty LLC

EXP Realty LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,661

Year Built

  • Built in 1985

Lot Details

  • 4,186

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Paved Parking

Utilities

  • Window Unit Cooling System
  • Heating Available

Additional Features

  • Balcony
  • 4,186 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 640614512796001

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $800
  • Maintenance Expense $500
  • Water Sewer Expense $1,200
  • Gross Income $19,500
  • Net Operating Income $17,800

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,661

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 149300.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Features: Balcony
  • Bathrooms: Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Square Footage: 2000

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 4

Utilities

  • Cooling: Window AC
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 800
  • Water Sewer: 1200

Condo/Co-op/Association

  • Maintenance Repair: 500

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.096
  • Lot Sq Ft: 4186
  • Zoning Code: R-M-MEDIUM DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 640614512796001
  • County Taxes: 564.35
  • Municipal Taxes: 979.70
  • Total Taxes: 4661.03

Multi Family

  • School Taxes: 311698.00
  • Total Units: 2
  • Total Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Jul 30, 2021
Sold by
El Khoury Khalil
Bought by
Pathak Animesh
Seller's Agent
Nazih Ajami
IronValley RE of Lehigh Valley
Buyer's Agent
Eric T. Neith
EXP Realty LLC
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%
Current Estimated Value
$353,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,527
Avg. Annual Appreciation
8.69%
Original Mortgage
$183,750
Outstanding Balance
$167,446
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$175,091

Purchase Details

Closed on
Jun 10, 2008
Sold by
Fisher David M
Bought by
Elkhoury Khalil

Purchase Details

Closed on
Feb 17, 2004
Sold by
Shamp Darryl Gregory
Bought by
Fisher David M and Fisher Ann S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,450
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2000
Sold by
Schimaneck Frank R and Schimaneck Elizabeth
Bought by
Lighting John F and Lighting Robin D

Purchase Details

Closed on
Dec 8, 1998
Sold by
Seid Donald and Lue Yen Norman
Bought by
Shamp Darryl Gregory

Purchase Details

Closed on
Sep 8, 1989
Sold by
Morgues Albert and Morgues Dorothy J
Bought by
Seid Donald

Purchase Details

Closed on
May 30, 1985
Bought by
Morgues Albert and Morgues Dorothy J
Source: Public Records

Range of Values:

Collateral Analytics

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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
Pathak Animesh $245,000 First United Land Transfer I
Elkhoury Khalil $180,800 --
Fisher David M $114,950 --
Lighting John F $111,000 --
Shamp Darryl Gregory $96,075 --
Seid Donald $115,000 --
Morgues Albert $91,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pathak Animesh $183,750
Previous Owner Fisher David M $103,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $245,000 -2.0% $123 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $249,900 -- $125 / 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 $4,925 $149,300 $16,500 $132,800
2024 $4,925 $149,300 $16,500 $132,800
2023 $4,925 $149,300 $16,500 $132,800
2022 $4,755 $149,300 $132,800 $16,500
2021 $4,661 $149,300 $16,500 $132,800
2020 $4,541 $149,300 $16,500 $132,800
2019 $4,469 $149,300 $16,500 $132,800
2018 $4,161 $149,300 $16,500 $132,800
2017 $4,057 $149,300 $16,500 $132,800
2016 -- $149,300 $16,500 $132,800
2015 -- $149,300 $16,500 $132,800
2014 -- $149,300 $16,500 $132,800
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nazih Ajami

    IronValley RE of Lehigh Valley

    (929) 386-6266

    5 in this area

    12 Total Sales

    Section Image
  • Eric T. Neith

    Buyer's Agent in 2021

    Eric T. Neith

    EXP Realty LLC

    (484) 239-9130

    9 in this area

    137 Total Sales

    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 670811

Greater Lehigh Valley REALTORS®

APN: 640614512796-1

Pennsylvania Lehigh County Allentown 18103 Southside

1324 S Fountain St, Allentown, PA

This home is located at 1324 S Fountain St, Allentown, PA 18103 since 23 June 2021 and is currently estimated at $342,537, approximately $171 per square foot. This property was built in 1985. 1324 S Fountain St is a home located in Lehigh County with nearby schools including Jefferson Elementary School, South Mountain Middle School, and William Allen High School.

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.

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