NOT LISTED FOR SALE

1332 S Fountain St Allentown, PA 18103

Southside Neighborhood

Estimated Value: $317,359 - $373,000

4 Beds
2 Baths
2,000 Sq Ft
$169/Sq Ft Est. Value

Last Sold April 15, 2015

Last sale price $137,000 $68 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $2,347/month

89 Days on Market

Highlights

  • Balcony
  • Central Air
  • Baseboard Heating
  • Patio
  • Ceiling Fan
  • Wall to Wall Carpet

About This Home

As of April 2015

Opportunity Knocks! Positive Cash Flow! Purchase as Investment or Move in One Unit and rent the other! Well maintained and updated multi use property! Spacious and Open Concept floor plans consist of Dining Room/Living Room Combo, Large Modern Kitchens, Laundry Room in each unit, 2 Large Bedrooms and Full bath! Each unit is 1,000 square feet for a total of 2,000! All appliances remain, 2 sets of Washer's, Dryer's and Refrigerators! Tenants will enjoy the glass sliders which access the private patio on the first floor or deck off of the second floor. Utilities are separated and property is all electric! Owner is working on Clear Certificate of Occupancy from Allentown! Owner is a PA Licensed Real Estate Agent. This property is ready to go!

Last Agent to Sell the Property

Jennifer Schimmel

Keller Williams Northampton Listed on: 12/15/2014

Keller Williams Northampton

Last Buyer's Agent

Ken Carey

BHHS Fox & Roach Bethlehem License #RS295235

BHHS Fox & Roach Bethlehem

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,925

Year Built

  • Built in 1985

Lot Details

  • 4,182

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,000 Sq Ft Home
  • Ceiling Fan
  • Wall to Wall Carpet
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Paved Parking

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Air
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 640614507706-00001

Community Details

Overview

  • 2 Units
  • Parkway Terrace Subdivision

Building Details

  • Insurance Expense $740
  • Water Sewer Expense $870
  • Operating Expense $150
  • Gross Income $21,000
  • Net Operating Income $13,975

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,925

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Complex, Row-End Unit, Semi Detached/Twin
  • County Assessment: 149300.00
  • V O W Consumer Comment: Yes
  • Year Built: 1985
  • Supplement Modification Ti: 2015-01-07
  • Special Features: None
  • Stories: 0

Interior Features

  • Features: Balcony, Patio, Wall-to-Wall Carpet, Wash/Dry Hook-ups
  • Bathrooms: Semi Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Square Footage: 2000

Exterior Features

  • Construction: Aluminum, Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 4

Utilities

  • Cooling: Ceiling Fan, Central AC
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 740
  • Water Sewer: 870

Condo/Co-op/Association

  • Lawn Snow Removal: 690

Fee Information

  • Operating Expense: 150

Schools

  • School District: Allentown

Lot Info

  • Zoning Code: R-M

Tax Info

  • Assessor Parcel Number: 640614507706-00001
  • County Taxes: 565.85
  • Municipal Taxes: 768.46

Multi Family

  • School Taxes: 2736.00
  • 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 15, 2014
Closed on
Apr 17, 2015
Sold by
Schooley Stuart W and Schooley Jane Wells
Bought by
Fares Mazen
Seller's Agent
Jennifer Schimmel
Keller Williams Northampton
Buyer's Agent
Ken Carey
BHHS Fox & Roach Bethlehem
List Price
$150,000
Sold Price
$137,000
Premium/Discount to List
-$13,000
-8.67%
Current Estimated Value
$355,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,678
Avg. Annual Appreciation
9.47%
Original Mortgage
$95,900
Outstanding Balance
$75,194
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$274,357

Purchase Details

Closed on
Jul 29, 2003
Sold by
Roth Steven P
Bought by
Schooley Stuart W and Schooley Jane Wells

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2000
Sold by
Hardy John D
Bought by
Roth Steven P

Purchase Details

Closed on
Jun 17, 1985
Bought by
Hardy John D

Purchase Details

Closed on
Aug 17, 1984
Bought by
Busch George and Stanley Busch
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
Fares Mazen $137,000 None Available
Schooley Stuart W $120,000 First American Title Ins Co
Roth Steven P $85,000 --
Hardy John D $91,500 --
Busch George $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fares Mazen $95,900
Previous Owner Schooley Stuart W $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2015 04/15/15 Sold $137,000 +15557.1% $69 / Sq Ft
03/14/2015 03/14/15 Pending -- -- --
03/06/2015 03/06/15 Rented $875 0.0% --
02/25/2015 02/25/15 Under Contract -- -- --
01/27/2015 01/27/15 For Rent $875 0.0% --
12/15/2014 12/15/14 For Sale $150,000 0.0% $75 / Sq Ft
03/30/2013 03/30/13 Rented $875 0.0% --
03/14/2013 03/14/13 Under Contract -- -- --
02/07/2013 02/07/13 For Rent $875 -- --
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

  • Jennifer Schimmel

    Seller's Agent in 2015

    Jennifer Schimmel

    Keller Williams Northampton

    (610) 360-0036

    17 in this area

    379 Total Sales

    Section Image
  • Ken Carey

    Buyer's Agent in 2015

    Ken Carey

    BHHS Fox & Roach

    (610) 751-8422

    5 in this area

    94 Total Sales

    Section Image

  • M

    Seller's Agent in 2013

    Marina Brekhounets

    Keller Williams Allentown

  • W

    Buyer's Agent in 2013

    Will Barham

    Vylla Home

See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 486388

Greater Lehigh Valley REALTORS®

APN: 640614507706-1

Pennsylvania Lehigh County Allentown 18103 Southside

1332 S Fountain St, Allentown, PA

This home is located at 1332 S Fountain St, Allentown, PA 18103 since 15 December 2014 and is currently estimated at $337,090, approximately $168 per square foot. This property was built in 1985. 1332 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.

Greater Lehigh Valley REALTORS® 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.
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