NOT LISTED FOR SALE

Estimated Value: $106,607 - $130,000

2 Beds
1 Bath
658 Sq Ft
$181/Sq Ft Est. Value

Last Sold January 20, 2021

Last sale price $212,000 $322 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $731/month

119 Days on Market

Highlights

  • Ceiling Fan
  • Baseboard Heating
  • 2-minute walk to Jackson Street Park

About This Home

As of January 2021

Great opportunity for investors in the historic district of Allentown!. Three fully occupied units. Walking distance from downtown business district and public transportation. First floor 2 bedroom with a finished lower level. 2nd and 3rd floor are spacious, full 1 bedroom apartments. 3 electric meters and electric baseboard heat. Ready for the new landlord to collect rent. Property is being sold AS IS.

Last Agent to Sell the Property

Arnaldo Gutierrez

Allentown City Realty Listed on: 06/17/2020

Last Buyer's Agent

Ravi Dhingra

Keller Williams Allentown

Keller Williams Allentown

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,737

Year Built

  • Built in 1895

Lot Details

  • 784

Home Design

  • Brick Exterior Construction

Parking

  • 2 Parking Spaces
  • Paved Parking

Additional Features

  • Ceiling Fan
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 549780953762 1

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $420
  • Insurance Expense $1,500
  • Trash Expense $1,125
  • Water Sewer Expense $1,400
  • Operating Expense $6,562
  • Gross Income $27,900
  • Net Operating Income $20,738

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,737

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row/Townhouse
  • County Assessment: 91300.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1895
  • Year Built Exception: Unknown
  • Special Features: None

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 2

Utilities

  • Cooling: Ceiling Fan
  • Heat Type: Baseboard
  • Sewer: Public
  • Water: Public
  • Electric: 420
  • Insurance: 1500
  • Trash Removal: 1125
  • Water Sewer: 1400

Fee Information

  • Operating Expense: 6562

Schools

  • School District: Allentown

Lot Info

  • Zoning Code: R-MH

Tax Info

  • Assessor Parcel Number: 549780953762 1
  • County Taxes: 345.11
  • Municipal Taxes: 559.22
  • Total Taxes: 2737.11

Multi Family

  • School Taxes: 1832.78
  • Total Units: 3
  • Total Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
Dec 15, 2020
Sold by
Adames Hector
Bought by
Alcantara Xiomara Rodriguez
Seller's Agent
Arnaldo Gutierrez
Allentown City Realty
Buyer's Agent
Ravi Dhingra
Keller Williams Allentown
List Price
$250,000
Sold Price
$212,000
Premium/Discount to List
-$38,000
-15.2%
Total Days on Market
119
Current Estimated Value
$119,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$92,848
Avg. Annual Appreciation
-11.88%
Original Mortgage
$57,931
Outstanding Balance
$52,251
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$69,555

Purchase Details

Closed on
Jun 14, 2006
Sold by
Miller Charles J
Bought by
Adames Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 1980
Bought by
Miller Charles J
Source: Public Records

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Range of Values:

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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
Alcantara Xiomara Rodriguez $59,000 Lighthouse Abstract Ltd
Adames Hector $50,000 First American Title Ins Co
Miller Charles J $7,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alcantara Xiomara Rodriguez $57,931
Closed Alcantara Xiomara Rodriguez $2,360
Previous Owner Adames Hector $35,000
Previous Owner Adames Hector $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2021 01/20/21 Sold $212,000 -5.7% $322 / Sq Ft
10/15/2020 10/15/20 Price Changed $224,900 +6.1% $342 / Sq Ft
10/15/2020 10/15/20 Price Changed $212,000 -5.7% $322 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
10/07/2020 10/07/20 Price Changed $224,900 0.0% $342 / Sq Ft
10/07/2020 10/07/20 Price Changed $225,000 -6.3% $342 / Sq Ft
08/10/2020 08/10/20 Price Changed $240,000 -4.0% $365 / Sq Ft
06/17/2020 06/17/20 For Sale $250,000 -- $380 / 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 $1,178 $36,100 $3,300 $32,800
2024 $1,178 $36,100 $3,300 $32,800
2023 $1,178 $36,100 $3,300 $32,800
2022 $1,136 $36,100 $32,800 $3,300
2021 $1,114 $36,100 $3,300 $32,800
2020 $1,085 $36,100 $3,300 $32,800
2019 $1,067 $36,100 $3,300 $32,800
2018 $996 $36,100 $3,300 $32,800
2017 $970 $36,100 $3,300 $32,800
2016 -- $36,100 $3,300 $32,800
2015 -- $36,100 $3,300 $32,800
2014 -- $36,100 $3,300 $32,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 639766

Greater Lehigh Valley REALTORS®

APN: 549698683618-1