NOT LISTED FOR SALE

Estimated Value: $308,593 - $338,000

4 Beds
2 Baths
18,714,190 Sq Ft
$0/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $250,000 $0 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,137/month

11 Days on Market

About This Home

As of August 2022

2 Unit apartment building in south Allentown. Needs some upgrades. The asking price reflects that.

Last Agent to Sell the Property

Kenneth Palumbo

HowardHanna TheFrederickGroup Listed on: 06/28/2022

HowardHanna TheFrederickGroup

Last Buyer's Agent

Fred Suter

IronValley RE of Lehigh Valley

IronValley RE of Lehigh Valley

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,532

Year Built

  • Built in 1981

Lot Details

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

Home Design

  • 18,714,186 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Paved Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 640613180314

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $750
  • Water Sewer Expense $1,100
  • Operating Expense $6,393
  • Gross Income $23,400
  • Net Operating Income $17,007

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,532

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 141800.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1981
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Bathrooms: Semi Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Square Footage: 18714186

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 4

Utilities

  • Cooling: Wall AC, Window AC
  • Heat Type: Baseboard
  • Sewer: Public
  • Water: Public
  • Insurance: 750
  • Water Sewer: 1100

Fee Information

  • Operating Expense: 6393

Schools

  • School District: Allentown

Lot Info

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

Tax Info

  • Assessor Parcel Number: 640613180314
  • County Taxes: 536.00
  • Municipal Taxes: 946.31
  • Total Taxes: 4531.52

Multi Family

  • School Taxes: 3049.12
  • Total Units: 2
  • Total Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2022
Closed on
Aug 5, 2022
Sold by
Fontenelle Lawrence F and Fontenelle Ann
Bought by
Pruthvi & Prit Llc
Seller's Agent
Kenneth Palumbo
HowardHanna TheFrederickGroup
Buyer's Agent
Fred Suter
IronValley RE of Lehigh Valley
List Price
$225,000
Sold Price
$250,000
Premium/Discount to List
$25,000
11.11%
Current Estimated Value
$320,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,398
Avg. Annual Appreciation
8.85%
Original Mortgage
$187,500
Outstanding Balance
$94,144
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$229,617

Purchase Details

Closed on
Oct 28, 2005
Sold by
Zoro Patrick J and Zoro Angela E
Bought by
Fontenelle Lawrence F and Fontenelle Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2003
Sold by
Spinosa Joseph C and Spinosa Michele
Bought by
Zoro Patrick J and Zoro Angela E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 1998
Sold by
Obrien Anne M
Bought by
Spinosa Joseph C and Spinosa Michele

Purchase Details

Closed on
Aug 31, 1992
Bought by
O'Brien Anne M

Purchase Details

Closed on
Aug 19, 1987
Bought by
Cardine Clifford P and Cardine Conchetta
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
Pruthvi & Prit Llc $250,000 None Listed On Document
Fontenelle Lawrence F $180,000 None Available
Zoro Patrick J $105,000 --
Spinosa Joseph C $150,000 --
O'Brien Anne M $200,000 --
Cardine Clifford P $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pruthvi & Prit Llc $187,500
Previous Owner Fontenelle Lawrence F $151,026
Previous Owner Fontenelle Lawrence F $162,000
Previous Owner Zoro Patrick J $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $250,000 +11.1% $0 / Sq Ft
07/09/2022 07/09/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $225,000 -- $0 / 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: 695869

Greater Lehigh Valley REALTORS®

APN: 640613180314-1