NOT LISTED FOR SALE

1406 Russell St Allentown, PA 18102

Center City Neighborhood

Estimated Value: $164,000 - $224,000

4 Beds
1 Bath
1,512 Sq Ft
$133/Sq Ft Est. Value

Last Sold January 30, 2018

Last sale price $60,000 $40 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $1,225/month

195 Days on Market

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • 1-minute walk to Franklin Park
  • Ceiling Fan

About This Home

As of January 2018

Great income and 12% + cap rate. Tenants till 6/18. Newer windows, newer gas boiler, newer kitchen, roof recently repaired.

Last Agent to Sell the Property

Rick McCauley

West End Associates Listed on: 06/05/2017

Last Buyer's Agent

Christopher Topping

RE/MAX Real Estate

RE/MAX Real Estate

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1905

Lot Details

  • 784

Parking

  • Off-Site Parking

Home Design

  • Semi-Detached or Twin Home
  • Brick Exterior Construction

Interior Spaces

  • 1,512 Sq Ft Home
  • 2.5-Story Property
  • Ceiling Fan
  • Prewired Security
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Radiator
  • Hot Water Heating System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 549669693854001

Community Details

Building Details

  • Insurance Expense $600
  • Maintenance Expense $600
  • Operating Expense $2,817
  • Gross Income $10,740
  • Net Operating Income $7,923

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Semi Detached/Twin
  • Technology: Cable, Security Wired, Smk Detector Battery
  • County Assessment: 61500.00
  • Stories: 2.5
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1905
  • Special Features: None

Interior Features

  • Features: Hardwood, Wall-to-Wall Carpet, Wash/Dry Hook-ups
  • Bathrooms: Modern
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 4
  • Square Footage: 1512

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Off Site

Utilities

  • Cooling: Ceiling Fan
  • Heat Type: Gas, Hot Water, Radiator
  • Sewer: Public
  • Water: Public
  • Insurance: 600

Condo/Co-op/Association

  • Maintenance Repair: 600

Fee Information

  • Operating Expense: 2817

Lot Info

  • Zoning Code: RMH

Tax Info

  • Assessor Parcel Number: 549669693854001
  • County Taxes: 226.00
  • Municipal Taxes: 264.00
  • Total Taxes: 1617.00

Multi Family

  • School Taxes: 1127.00
  • Total Units: 1
  • Total Unit Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2017
Closed on
Jan 30, 2018
Sold by
Mccauley Richard
Bought by
Deming Nicole Ann and Deming Dave
Seller's Agent
Rick McCauley
West End Associates
Buyer's Agent
Christopher Topping
RE/MAX Real Estate
List Price
$64,800
Sold Price
$60,000
Premium/Discount to List
-$4,800
-7.41%
Current Estimated Value
$201,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,146
Avg. Annual Appreciation
16.71%

Purchase Details

Listed on
Jul 10, 2012
Closed on
Nov 27, 2012
Sold by
Secy Of H U D
Bought by
Mccauley Richard
Seller's Agent
Bob Hoobler
RE/MAX 1st Advantage
Buyer's Agent
NON MEMBER
NONMEM
List Price
$38,000
Sold Price
$28,500
Premium/Discount to List
-$9,500
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.58%

Purchase Details

Closed on
Apr 13, 2011
Sold by
Rossi Sheriff Ronald W and Huzar Stefania
Bought by
Citimortgage

Purchase Details

Closed on
Apr 26, 1991
Sold by
Czor Kathleen R
Bought by
Musselman Karl F

Purchase Details

Closed on
Aug 4, 1989
Bought by
Czor Kathleen R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Deming Nicole Ann $60,000 None Available
Mccauley Richard $28,500 --
Citimortgage -- --
Musselman Karl F $56,900 --
Czor Kathleen R $42,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2018 01/30/18 Sold $60,000 -7.4% $40 / Sq Ft
12/17/2017 12/17/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $64,800 0.0% $43 / Sq Ft
12/14/2016 12/14/16 Rented $895 0.0% --
12/12/2016 12/12/16 Under Contract -- -- --
12/02/2016 12/02/16 For Rent $895 +5.3% --
06/10/2015 06/10/15 Rented $850 0.0% --
06/10/2015 06/10/15 Under Contract -- -- --
05/27/2015 05/27/15 For Rent $850 +6.9% --
07/01/2014 07/01/14 Rented $795 0.0% --
07/01/2014 07/01/14 Under Contract -- -- --
06/17/2014 06/17/14 For Rent $795 -6.5% --
08/09/2013 08/09/13 Rented $850 0.0% --
08/07/2013 08/07/13 Under Contract -- -- --
07/10/2013 07/10/13 For Rent $850 +6.9% --
03/22/2013 03/22/13 Rented $795 -6.5% --
03/21/2013 03/21/13 Under Contract -- -- --
12/12/2012 12/12/12 For Rent $850 0.0% --
12/10/2012 12/10/12 Sold $28,500 -25.0% $19 / Sq Ft View Prior Sale
11/06/2012 11/06/12 Pending -- -- --
07/10/2012 07/10/12 For Sale $38,000 -- $25 / 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 $1,958 $61,500 $3,100 $58,400
2024 $1,958 $61,500 $3,100 $58,400
2023 $1,958 $61,500 $3,100 $58,400
2022 $1,888 $61,500 $58,400 $3,100
2021 $1,849 $61,500 $3,100 $58,400
2020 $1,800 $61,500 $3,100 $58,400
2019 $1,770 $61,500 $3,100 $58,400
2018 $1,658 $61,500 $3,100 $58,400
2017 $1,615 $61,500 $3,100 $58,400
2016 $226 $61,500 $3,100 $58,400
2015 -- $61,500 $3,100 $58,400
2014 -- $71,500 $3,100 $68,400
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Rick McCauley

    West End Associates

    (610) 737-2455

    3 in this area

    62 Total Sales

    Rick McCauley
    Section Image

  • C

    Seller Co-Listing Agent in 2016

    Charmaine Newman

    West End Associates

    Section Image

  • A

    Buyer's Agent in 2016

    Alex Lopez

    Homeway Real Estate

    Section Image

  • M

    Seller Co-Listing Agent in 2014

    Megan Huffman

    West End Associates

  • E

    Buyer's Agent in 2013

    Elizabeth Price

    IronValley RE of Lehigh Valley

    (484) 619-3496

    9 Total Sales

    Elizabeth Price
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 550039

Greater Lehigh Valley REALTORS®

APN: 549669693854-1

Pennsylvania Lehigh County Allentown 18102 Center City

1406 Russell St, Allentown, PA

Not Listed for Sale

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