NOT LISTED FOR SALE

1389 Newport Ave Northampton, PA 18067

Estimated Value: $342,000 - $384,817

6 Beds
2 Baths
2,840 Sq Ft
$129/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $238,500 $84 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,046/month

26 Days on Market

Highlights

  • 0.4 Acre Lot
  • 5 Car Garage
  • 4-minute walk to Canal Street Park
  • Hot Water Heating System

About This Home

As of September 2020

THIS IS A MUST SEE FOR ANY INVESTOR OR OWNER OCCUPANT! FULLY RENTED 2 FAMILY HOME. PLUS OVER SIZED RENTED GARAGE WITH ROOM TO EXPAND! BOTH UNITS HAVE 3 BEDROOMS, 1 BATH WITH WASHER & DRYER HOOK UPS. TENANTS PAY- HEAT, ELECTRIC, GAS, WATER & SEWER. OWNER PAYS- TAXES, INSURANCE AND TRASH. RENTS ARE VERY LOW AND CAN BE RAISED! 3RD FLOOR HAS A FULL WALK UP ATTIC THAT CAN BE CONVERTED TO LIVING SPACE. LARGE PROPERTY OVER 1/3 OF AN ACRE! GROSS INCOME- $28,680, OPERATING EXPENSE - $5,998, NET INCOME-$22,682.

Last Agent to Sell the Property

Joanne Hasnik

Weichert Co Realtors Listed on: 07/10/2020

Weichert Co Realtors

Last Buyer's Agent

David Flood

EXP Realty LLC

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,338

Year Built

  • Built in 1900

Lot Details

  • 0.4 Acre Lot
  • Property is zoned R-3

Parking

  • 5 Car Garage

Home Design

  • 2,840 Sq Ft Home
  • Mixed Use
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Radiator
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number M4NW18-20-6-0522

Community Details

Overview

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,338

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Detached, Mixed Use
  • County Assessment: 54900.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 6
  • Square Footage: 2840

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Garage, Paved Lot
  • Parking Spaces: 5

Utilities

  • Cooling: No Air
  • Heat Type: Hot Water, Radiator
  • Sewer: Public
  • Water: Public
  • Insurance: 1200
  • Trash Removal: 560

Fee Information

  • Operating Expense: 5998

Schools

  • School District: Northampton

Lot Info

  • Acres: 0.399
  • Lot Sq Ft: 17380
  • Zoning Code: R-3

Tax Info

  • Assessor Parcel Number: M4NW18-20-6-0522
  • County Taxes: 592.92
  • Municipal Taxes: 686.25
  • Total Taxes: 4337.65

Multi Family

  • School Taxes: 3058.48
  • Total Units: 2
  • Total Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Sep 4, 2020
Sold by
Pontus John and Pontus Charlene Marie
Bought by
Mane Loreen and Strong Jonathan
Seller's Agent
Joanne Hasnik
Weichert Co Realtors
Buyer's Agent
David Flood
EXP Realty LLC
List Price
$245,000
Sold Price
$238,500
Premium/Discount to List
-$6,500
-2.65%
Current Estimated Value
$364,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,177
Avg. Annual Appreciation
8.64%
Original Mortgage
$178,875
Outstanding Balance
$159,898
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$198,875

Purchase Details

Closed on
Jun 6, 2008
Sold by
Loparco Joseph D and Novelli Lucille A
Bought by
Pontus John and Pontus Charlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,400
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
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
Mane Loreen $238,500 Edge Abstract
Pontus John $223,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mane Loreen $178,875
Previous Owner Pontus John $201,000
Previous Owner Pontus John $201,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $238,500 -2.7% $84 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $245,000 0.0% $86 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $245,000 -- $86 / 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 $593 $54,900 $23,600 $31,300
2024 $4,393 $54,900 $23,600 $31,300
2023 $4,338 $54,900 $23,600 $31,300
2022 $4,283 $54,900 $23,600 $31,300
2021 $4,293 $54,900 $23,600 $31,300
2020 $4,238 $54,900 $23,600 $31,300
2019 $4,152 $54,900 $23,600 $31,300
2018 $4,094 $54,900 $23,600 $31,300
2017 $3,667 $50,200 $23,600 $26,600
2016 -- $50,200 $23,600 $26,600
2015 -- $52,600 $23,600 $29,000
2014 -- $52,600 $23,600 $29,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 642417

Greater Lehigh Valley REALTORS®

APN: M4NW1B-20-6-0522