Michael Dorney
Weichert Realtors
(484) 623-9933
107 Total Sales
1 in East Allentown
$10,000 Price
140 E Walnut St Allentown, PA 18109
East Allentown NeighborhoodEstimated Value: $188,000 - $209,849
4
Beds
1
Bath
1,392
Sq Ft
$144/Sq Ft
Est. Value
About This Home
As of March 2024Introducing an investment opportunity in Allentown! This single-family home at 140 E Walnut St, currently month-to-month tenants who pay $1,450 per month, covering all utilities. With a gross annual income of $17,400 and a net income of $14,245.98, this property offers an attractive cap rate of approximately 8.14%. Listed at $175,000, it's an excellent chance to secure a high-yield investment property. The owner handles taxes and insurance, making it even more appealing. Don't miss out on this opportunity to diversify your investment portfolio with a property that promises steady income. Contact us today to learn more and schedule a viewing!
Last Agent to Sell the Property
Steel City Realty License #RM423820 Listed on: 01/24/2024
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Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,354
Year Built
- Built in 1925
Lot Details
- 1,808 Sq Ft Lot
Home Design
- Brick or Stone Veneer
- Vinyl Construction Material
Interior Spaces
- 1,392 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Full Bathroom
Home Security
Utilities
- No Cooling
- Baseboard Heating
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 640761896088001
Community Details
Building Details
- Insurance Expense $800
- Operating Expense $3,154
- Gross Income $17,400
- Net Operating Income $14,245
Security
- Fire and Smoke Detector
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 24, 2024
Closed on
Mar 13, 2024
Sold by
Bought by
Seller's Agent
Jennifer de Jesus
Steel City Realty
Buyer's Agent
Kelvin Diaz
Allentown City Realty
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%
Views
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,712
Avg. Annual Appreciation
7.04%
Original Mortgage
$127,500
Outstanding Balance
$124,237
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$76,475
Purchase Details
Closed on
Mar 24, 2022
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
3.69%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 30, 2021
Closed on
May 28, 2021
Sold by
Bought by
Seller's Agent
George El-Khoury
IronValley RE of Lehigh Valley
Buyer's Agent
George El-Khoury
IronValley RE of Lehigh Valley
Sold Price
$1,450
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%
Purchase Details
Closed on
May 6, 2010
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,312
Interest Rate
5.5%
Mortgage Type
FHA
Purchase Details
Closed on
May 30, 1986
Bought by
Purchase Details
Closed on
Oct 29, 1976
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in East Allentown, PA
-
Michael Dorney
-
Ken Varilek
Ken Varilek
Responds QuicklyEXP Realty, LLC
(484) 666-0126
133 Total Sales
1 in East Allentown
$250,000 Price
-
Wasyl Onulack
Wasyl Onulack
Tri-County Appraisals
(484) 755-6467
66 Total Sales
2 in East Allentown
$10K - $220K Price Range
-
Rob McCann
Rob McCann
Assist 2 Sell Buyers & Sellers Realty, LLC
(484) 666-0294
340 Total Sales
1 in East Allentown
$131,000 Price
-
Ayon Codner
Ayon Codner
Keller Williams Real Estate - Allentown
(866) 721-8306
55 Total Sales
1 in East Allentown
$725,000 Price
-
Kyle Spina
Kyle Spina
Realty One Group Supreme
(484) 341-7453
99 Total Sales
3 in East Allentown
$150K - $248K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $170,000 | None Listed On Document | ||
| $99,498 | Germantown Title | ||
| $137,500 | First United Land Transfer I | ||
| $77,750 | -- | ||
| $36,900 | -- | ||
| $18,800 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $127,500 | ||
| Previous Owner | $101,500 | ||
| Previous Owner | $76,312 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/13/2024 03/13/24 | Sold | $170,000 | -2.9% | $122 / Sq Ft | |
| 02/09/2024 02/09/24 | Pending | -- | -- | -- | |
| 01/24/2024 01/24/24 | For Sale | $175,000 | 0.0% | $126 / Sq Ft | |
| 06/04/2021 06/04/21 | Rented | $1,450 | 0.0% | -- | |
| 06/03/2021 06/03/21 | Under Contract | -- | -- | -- | |
| 05/30/2021 05/30/21 | For Rent | $1,450 | 0.0% | -- | |
| 05/30/2021 05/30/21 | Off Market | $1,450 | -- | -- | |
| 05/28/2021 05/28/21 | Sold | $137,500 | +3.8% | $99 / Sq Ft | View Prior Sale |
| 04/19/2021 04/19/21 | Pending | -- | -- | -- | |
| 04/16/2021 04/16/21 | For Sale | $132,500 | -- | $95 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $2,372 | $72,100 | $6,700 | $65,400 |
| 2025 | $2,354 | $72,100 | $6,700 | $65,400 |
| 2024 | $2,354 | $72,100 | $6,700 | $65,400 |
| 2023 | $2,354 | $72,100 | $6,700 | $65,400 |
| 2022 | $2,272 | $72,100 | $65,400 | $6,700 |
| 2021 | $2,227 | $72,100 | $6,700 | $65,400 |
| 2020 | $2,169 | $72,100 | $6,700 | $65,400 |
| 2019 | $2,134 | $72,100 | $6,700 | $65,400 |
| 2018 | $1,990 | $72,100 | $6,700 | $65,400 |
| 2017 | $1,940 | $72,100 | $6,700 | $65,400 |
| 2016 | -- | $72,100 | $6,700 | $65,400 |
| 2015 | -- | $72,100 | $6,700 | $65,400 |
| 2014 | -- | $72,100 | $6,700 | $65,400 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer de Jesus
Seller's Agent in 2024
Jennifer de Jesus
Steel City Realty
(484) 895-9005
14 in this area
313 Total Sales
-
Kelvin Diaz
Buyer's Agent in 2024
Kelvin Diaz
Allentown City Realty
(610) 570-3477
11 in this area
320 Total Sales
-
G
Seller's Agent in 2021
George El-Khoury
IronValley RE of Lehigh Valley
-
Rose Mott
Seller's Agent in 2021
Rose Mott
BHHS Fox & Roach
(610) 428-1290
7 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 731037
APN: 640761896088-1
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.
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.
Information is deemed reliable but not guaranteed.
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