NOT LISTED FOR SALE

1401 W Pennsylvania St Allentown, PA 18102

Highland Park Neighborhood

Estimated Value: $398,000 - $464,000

3 Beds
4 Baths
3,000 Sq Ft
$143/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $314,000 $105 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,885/month

8 Days on Market

Highlights

  • Balcony
  • Commercial or Retail Space
  • Baseboard Heating
  • Patio
  • Central Air
  • Wall to Wall Carpet

About This Home

As of August 2021

GREAT INVESTMENT OPPORTUNITY--UNIQUE 2 UNIT ( RESIDENTIAL AND OFFICE) IN QUIET NGHBRD SUPER CONVENIENT LOCATION MINUTES TO 15TH ST & RT 22!!-- (NR DAN'S CAMERA)--***1405 UNIT--- BEAUTIFULLY SPACIOUS 3 BDR, 2.5 BATH w/GREAT OPEN FLOORPLAN. BRIGHT & CHEERY KIT W/HIGH CEILING-CONVENIENT TO LG DINING RM, LAUNDRY, AND YARD! MSTR. SUITE OPENS ONTO JULIET BALCONY! * TENANT OWNS:gazebo, outdoor kitchen, stainless steel stove ,hood and ,ss refrig. White REFRIGERATOR IN KIT AND STOVE IN SHED REMAIN WITH PROPERTY. TENANT CARES FOR LAWN & SIDEWALK SNOW REMOVAL. TENANT HAS USE OF SHED AND "GARAGE" STORAGE. LEASE RUNS TILL SEPT 2023 ***1401 UNIT-- HIGH END OFFICE FURNISHINGS & BUILT-INS + REFRIG. REMAIN. A DETAILED LIST OF FURNISHINGS (AS IS) WILL BE PROVIDED. CONFERENCE RM,RECEPTION AREA & OFFICE,KIT-ETTE +3 OFFICES! TENANT PLOWS DRIVEWAY. Tenant on mo-to-mo lease (60 days notice) USES: ACCOUNTANT,HEALTH CARE, NOTARY,INSURANCE, CONTRACTORS OFFICE, LAWYER, ETC

Last Agent to Sell the Property

Gail Magnant

Keller Williams Allentown Listed on: 07/14/2021

Keller Williams Allentown

Last Buyer's Agent

nonmember nonmember

NON MBR Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,222

Year Built

  • Built in 1979

Lot Details

  • 9,480 Sq Ft Lot
  • Lot Dimensions are 79x120

Home Design

  • Commercial or Retail Space
  • Mixed Use
  • Brick Exterior Construction
  • Stucco Exterior

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 6 Parking Spaces
  • Paved Parking

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 549745526962001

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,839
  • Maintenance Expense $800
  • Operating Expense $9,211
  • Gross Income $29,400
  • Net Operating Income $20,179

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,222

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial, Mixed Use
  • Technology: Cable
  • County Assessment: 194600.00
  • Stories: 2.0
  • Street Number Modifier: -1405
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Features: Balcony, Patio, Wall-to-Wall Carpet, Wash/Dry Hook-ups
  • Bathrooms: Modern
  • Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Bedrooms: 3
  • Square Footage: 3000

Exterior Features

  • Construction: Brick, Stucco

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 6

Utilities

  • Cooling: Central AC
  • Heat Type: Baseboard, Electric, Heat Pump
  • Sewer: Public
  • Water: Public
  • Insurance: 1839

Condo/Co-op/Association

  • Maintenance Repair: 800

Fee Information

  • Operating Expense: 9211

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.218
  • Lot Dimensions: 79x120
  • Lot Sq Ft: 9480
  • Zoning Code: RML

Tax Info

  • Assessor Parcel Number: 549745526962001
  • County Taxes: 735.59
  • Municipal Taxes: 1423.79
  • Total Taxes: 6222.10

Multi Family

  • School Taxes: 4062.72
  • Total Units: 2
  • Total Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Aug 30, 2021
Sold by
Brand Colin M and Brand Kathleen M
Bought by
Mccue Brothers Llc
Seller's Agent
Gail Magnant
Keller Williams Allentown
Buyer's Agent
nonmember nonmember
NON MBR Office
List Price
$319,900
Sold Price
$314,000
Premium/Discount to List
-$5,900
-1.84%
Current Estimated Value
$429,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,219
Avg. Annual Appreciation
8.17%
Original Mortgage
$235,500
Outstanding Balance
$53,754
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$375,465

Purchase Details

Closed on
Nov 15, 2005
Sold by
Levin Jonathan S and Levin Elizabeth M
Bought by
Brand Colin M and Brand Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,920
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 1996
Sold by
Madison Home Builders Inc
Bought by
Levin Jonathan S and Levin Elizabeth M

Purchase Details

Closed on
Jun 16, 1995
Sold by
Madison Home Builders Inc
Bought by
Balliet William M
Source: Public Records

Range of Values:

Collateral Analytics

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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
Mccue Brothers Llc $314,000 Edge Abstract
Brand Colin M $299,900 None Available
Levin Jonathan S $152,000 --
Balliet William M $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccue Brothers Llc $235,500
Previous Owner Brand Colin M $200,000
Previous Owner Brand Colin M $10,000
Previous Owner Brand Colin M $184,847
Previous Owner Brand Colin M $50,000
Previous Owner Brand Colin M $239,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $314,000 -1.8% $105 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $319,900 -- $107 / 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 $6,566 $194,600 $29,200 $165,400
2024 $6,566 $194,600 $29,200 $165,400
2023 $6,566 $194,600 $29,200 $165,400
2022 $6,344 $194,600 $165,400 $29,200
2021 $6,222 $194,600 $29,200 $165,400
2020 $6,066 $194,600 $29,200 $165,400
2019 $5,971 $194,600 $29,200 $165,400
2018 $5,539 $194,600 $29,200 $165,400
2017 $5,404 $194,600 $29,200 $165,400
2016 -- $194,600 $29,200 $165,400
2015 -- $194,600 $29,200 $165,400
2014 -- $194,600 $29,200 $165,400
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Gail Magnant

    Keller Williams Allentown

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 673146

Greater Lehigh Valley REALTORS®

APN: 549745526962-1

Pennsylvania Lehigh County Allentown 18052 Highland Park

1401 W Pennsylvania St, Allentown, PA

This home is located at 1401 W Pennsylvania St, Allentown, PA 18102 since 14 July 2021 and is currently estimated at $429,219, approximately $143 per square foot. This property was built in 1979. 1401 W Pennsylvania St is a home located in Lehigh County with nearby schools including Muhlenberg Elementary School, Trexler Middle School, and William Allen High School.

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.

Greater Lehigh Valley REALTORS® 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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