$45,000
SOLD SEP 4, 2012
3 Beds
2.5 Baths
3,008 Sq Ft
1,920 Sq Ft Lot

Recently Sold

$15 Per Sq Ft

5% Below List Price

15 Days on Market

About This Home

As of February 2022

Great visibility West End location with off street parking. Was used at one time for a professional service office featuring a reception area, 2 private offices, conference room, kitchenette and powder room. LL has an office & an additional conference room. Unit #2 is a 3 bedroom apartment. With a great price and location, this property presents a wonderful potential income opportunity and will not last long - schedule your appointment today!

Last Agent to Sell the Property

Dale Kessler

Realty 365 License #RS284385 Listed on: 07/25/2012

Last Buyer's Agent

Janice Benner

RE/MAX Real Estate

RE/MAX Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,283

Year Built

  • Built in 1910

Lot Details

  • 1,920 Sq Ft Lot

Parking

  • Off-Site Parking

Home Design

  • Commercial or Retail Space
  • Brick Exterior Construction

Interior Spaces

  • 3,008 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • No Cooling
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 549669326692-00001

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $1,200
  • Gross Income $22,800
  • Net Operating Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,283

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial
  • County Assessment: 55650.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1910
  • Special Features: RealEstateOwned

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Square Footage: 3008

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Off Site

Utilities

  • Cooling: No Air
  • Heat Type: Oil
  • Sewer: Public
  • Water: Public

Fee Information

  • Operating Expense: 1200

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.044
  • Lot Sq Ft: 1920
  • Zoning Code: R-Mh

Tax Info

  • Assessor Parcel Number: 549669326692-00001
  • County Taxes: 662.24
  • Municipal Taxes: 767.11

Multi Family

  • School Taxes: 2745.33
  • Total Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2021
Closed on
Feb 4, 2022
Sold by
Kameel Sattouf
Bought by
Aggarwal Ramdass
Seller's Agent
Janice Benner
RE/MAX Real Estate
Buyer's Agent
Janice Benner
RE/MAX Real Estate
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%
Current Estimated Value
$312,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,929
Avg. Annual Appreciation
9.29%
Original Mortgage
$120,000
Outstanding Balance
$112,362
Interest Rate
3.45%
Mortgage Type
Construction
Estimated Equity
$202,633

Purchase Details

Listed on
Jul 25, 2012
Closed on
Aug 27, 2012
Sold by
The Bank Of New York Mellon
Bought by
Sattouf Kameel
Seller's Agent
Dale Kessler
Realty 365
Buyer's Agent
Janice Benner
RE/MAX Real Estate
List Price
$47,300
Sold Price
$45,000
Premium/Discount to List
-$2,300
-4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.91%

Purchase Details

Closed on
Jun 14, 2012
Sold by
Rossi Sheriff Ronald W and Santiago Malena Noemi
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Aug 22, 2005
Sold by
Maehrer Karl J and Maehrer Miriam S
Bought by
Malena Noemi Santiago

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,900
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 21, 2000
Sold by
Weis Mary J and Weis Paul R
Bought by
Maehrer Karl J and Maehrer Miriam S

Purchase Details

Closed on
Jan 14, 1993
Bought by
Weis Mary J
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 Type Sale Price Title Company
Deed $230,000 None Listed On Document
Special Warranty Deed $45,000 --
Sheriffs Deed -- --
Deed $169,900 --
Deed $80,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $120,000 Construction
Previous Owner $135,900 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $230,000 -4.1% $76 / Sq Ft
01/14/2022 01/14/22 Pending -- -- --
12/20/2021 12/20/21 For Sale $239,900 +433.1% $80 / Sq Ft
09/04/2012 09/04/12 Sold $45,000 -4.9% $15 / Sq Ft
08/09/2012 08/09/12 Pending -- -- --
07/25/2012 07/25/12 For Sale $47,300 -- $16 / 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 $6,283 $196,800 $10,800 $186,000
2024 $6,283 $196,800 $10,800 $186,000
2023 $6,283 $196,800 $10,800 $186,000
2022 $6,058 $196,800 $186,000 $10,800
2021 $5,935 $196,800 $10,800 $186,000
2020 $5,777 $196,800 $10,800 $186,000
2019 $5,681 $196,800 $10,800 $186,000
2018 $5,319 $196,800 $10,800 $186,000
2017 $5,182 $196,800 $10,800 $186,000
2016 -- $196,800 $10,800 $186,000
2015 -- $196,800 $10,800 $186,000
2014 -- $196,800 $10,800 $186,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 434888

Greater Lehigh Valley REALTORS®

APN: 549669326692-1