NOT LISTED FOR SALE

Estimated Value: $311,617 - $361,000

4 Beds
2 Baths
2,000 Sq Ft
$166/Sq Ft Est. Value

Last Sold August 03, 2018

Last sale price $164,000 $82 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,214/month

5 Days on Market

Highlights

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

About This Home

As of August 2018

You don't want to miss this incredible opportunity to own this awesome 2-unit property. Each unit has a contemporary open floor plan with 2 bedrooms and one full bath each. 1st floor unit has spacious living room and front porch deck off dining area, large walk-in closet and long-term tenant of 12+ years. 2nd floor unit has vaulted ceilings and a balcony off the living room. Bedrooms are spacious, and the full bath has dual sinks with access to hall & bedroom. Each unit has laundry room with full size washer/dryer. Two driveway parking spaces provided for each unit (4 total). The apartments are low maintenance & conveniently located to all shopping and major highways - I78, RT309, RT22 and RT145. Highly motivated Seller. Schedule your showing today on this great investment opportunity!

Last Agent to Sell the Property

Michael Pinnock

Weichert Realtors - Allentown Listed on: 06/24/2018

Weichert Realtors - Allentown

Last Buyer's Agent

Andrea Dudeck

Coldwell Banker Hearthside

Coldwell Banker Hearthside

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1985

Lot Details

  • Lot Dimensions are 27 x 155

Home Design

  • Semi-Detached or Twin Home
  • Brick Exterior Construction

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • 4 Parking Spaces
  • Paved Parking

Outdoor Features

  • Balcony
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 640614600001 001

Community Details

Overview

  • 2 Units
  • Parkway Terrace Subdivision

Building Details

  • Electric Expense $1,000
  • Insurance Expense $1,000
  • Maintenance Expense $1,500
  • Trash Expense $150
  • Water Sewer Expense $700
  • Operating Expense $2,000
  • Gross Income $20,700
  • Net Operating Income $18,700

Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Semi Detached/Twin
  • Technology: Smk Detector Battery
  • 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, Patio, Storm Doors, Storm Windows, Wall-to-Wall Carpet
  • 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: Wall AC, Window AC
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Electric: 1000
  • Heat: 1000
  • Insurance: 1000
  • Trash Removal: 150
  • Water Sewer: 700

Condo/Co-op/Association

  • Lawn Snow Removal: 300
  • Maintenance Repair: 1500

Fee Information

  • Operating Expense: 2000

Schools

  • School District: Allentown

Lot Info

  • Lot Dimensions: 27 x 155
  • Zoning Code: R-M-Medium Density Residential

Tax Info

  • Assessor Parcel Number: 640614600001 001
  • County Taxes: 543.45
  • Municipal Taxes: 776.69
  • Total Taxes: 4160.60

Multi Family

  • School Taxes: 2840.46
  • Total Units: 2
  • Total Unit Count: 2

MLS Schools

  • School District: Allentown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2018
Closed on
Aug 3, 2018
Sold by
Haque Basirul and Haque Cheryl
Bought by
Ramadan Denis
Seller's Agent
Michael Pinnock
Weichert Realtors - Allentown
Buyer's Agent
Andrea Dudeck
Coldwell Banker Hearthside
List Price
$167,500
Sold Price
$164,000
Premium/Discount to List
-$3,500
-2.09%
Current Estimated Value
$331,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,654
Avg. Annual Appreciation
10.46%
Original Mortgage
$139,400
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2005
Sold by
Denora Sandra P and Mattson Eugenie I
Bought by
Haque Basirul and Haque Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,520
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 1991
Sold by
Shelly Robert A
Bought by
Denora Sandra P and Mattson Eugenie I

Purchase Details

Closed on
Jun 17, 1985
Sold by
Busch George and Stanley Busch
Bought by
Shelly Robert A

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
Ramadan Denis $164,000 Steelhouse Abstract Inc
Haque Basirul $171,900 None Available
Denora Sandra P $115,000 --
Shelly Robert A $91,500 --
Busch George $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramadan Denis $116,000
Closed Ramadan Denis $139,400
Previous Owner Haque Basirul $137,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2018 08/03/18 Sold $164,000 -2.1% $82 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
06/24/2018 06/24/18 For Sale $167,500 -- $84 / 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

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 584348

Greater Lehigh Valley REALTORS®

APN: 640614600001-1