$292,500
SOLD AUG 16, 2022

149 Spring St Nazareth, PA 18064

-- Bed
-- Bath
1,944 Sq Ft
2,750 Sq Ft Lot

Recently Sold

$150 Per Sq Ft

5% Above List Price

10 Days on Market

Highlights

  • Baseboard Heating
  • Floyd R. Shafer Elementary School Rated A-
  • 2 Car Garage

About This Home

As of August 2022

MULTIPLE OFFERS RECEIVED- HIGHEST AND BEST OFFERS DUE THURSDAY JULY 7 AT NOON. 149 Spring St is a fully rented 2 unit in Nazareth Borough. Currently listed at an 8% cap rate - with room for increasing both rents! Nazareth is one of the best places to own rental real estate based upon the incredible demand for tenants to want to live in that school district. This special property has a nice landscaping area in the front yard. Covered porch is great for relaxing and enjoying the quiet street. The downstairs unit has a great layout and is in very good condition. There are 2 full bedrooms, living room, kitchen, dining room, and full bathroom all on the first floor. To go to the upstairs unit, there are inside steps in place to keep the weather at bay. Upstairs unit has 2 bedrooms, one which is oversized, living room, kitchen, and full bathroom. The garage in the back of the property is rented to a 3rd tenant. Call today and tour the home soon - it will not last very long.

Last Agent to Sell the Property

Todd Oessenick

Win-Win Realty, Inc. Listed on: 06/28/2022

Last Buyer's Agent

Colleen Winslow

Coldwell Banker Hearthside

Coldwell Banker Hearthside

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,035

Year Built

  • Built in 1910

Lot Details

  • 2,750 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Semi-Detached or Twin Home
  • Vinyl Construction Material

Interior Spaces

  • 1,944 Sq Ft Home
  • 2-Story Property

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number J7SE4B 11 3 0421

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,177
  • Water Sewer Expense $1,141
  • Gross Income $28,020
  • Net Operating Income $22,667

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,035

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Semi Detached/Twin
  • County Assessment: 36300.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Square Footage: 1944

Exterior Features

  • Construction: Vinyl

Garage/Parking

  • Parking: Garage
  • Parking Spaces: 2

Utilities

  • Cooling: Window AC
  • Heat Type: Baseboard, Electric, Oil
  • Sewer: Public
  • Water: Public
  • Insurance: 1177
  • Water Sewer: 1141

Schools

  • School District: Nazareth

Lot Info

  • Acres: 0.063
  • Lot Sq Ft: 2750
  • Zoning Code: R7-MEDIUM DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: J7SE4B 11 3 0421
  • County Taxes: 392.04
  • Municipal Taxes: 580.80
  • Total Taxes: 3034.68

Multi Family

  • School Taxes: 2061.84
  • Total Units: 2
  • Total Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2022
Closed on
Aug 18, 2022
Sold by
Jas Reality 9 Llc
Bought by
Lawlor Colleen and Winslow Brandon
Seller's Agent
Todd Oessenick
Win-Win Realty, Inc.
Buyer's Agent
Colleen Winslow
Coldwell Banker Hearthside
List Price
$279,900
Sold Price
$292,500
Premium/Discount to List
$12,600
4.5%
Current Estimated Value
$344,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,382
Avg. Annual Appreciation
5.31%
Original Mortgage
$287,201
Outstanding Balance
$276,049
Interest Rate
5.51%
Mortgage Type
FHA
Estimated Equity
$65,000

Purchase Details

Listed on
Jun 5, 2014
Closed on
Jun 19, 2015
Sold by
Lopresti Wayne C and Lopresti Norma L
Bought by
Jas Realty 9 Llc
Seller's Agent
Greta Kistler
HowardHanna TheFrederickGroup
Buyer's Agent
Todd Oessenick
Win-Win Realty, Inc.
List Price
$155,900
Sold Price
$134,000
Premium/Discount to List
-$21,900
-14.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.52%

Purchase Details

Closed on
Oct 1, 1985
Bought by
Lopresti Wayne C and Lopresti Norma L
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 $292,500 Abstract Steelhouse
Deed $134,000 None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $287,201 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2022 08/16/22 Sold $292,500 +4.5% $150 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $279,900 +108.9% $144 / Sq Ft
06/19/2015 06/19/15 Sold $134,000 0.0% $69 / Sq Ft
06/19/2015 06/19/15 Sold $134,000 -14.0% $69 / Sq Ft
06/05/2015 06/05/15 Pending -- -- --
06/05/2015 06/05/15 Pending -- -- --
06/05/2014 06/05/14 For Sale $155,900 0.0% $80 / Sq Ft
05/19/2014 05/19/14 For Sale $155,900 -- $80 / 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 $392 $36,300 $14,100 $22,200
2024 $3,097 $36,300 $14,100 $22,200
2023 $3,035 $36,300 $14,100 $22,200
2022 $3,035 $36,300 $14,100 $22,200
2021 $3,033 $36,300 $14,100 $22,200
2020 $3,033 $36,300 $14,100 $22,200
2019 $2,987 $36,300 $14,100 $22,200
2018 $2,925 $36,300 $14,100 $22,200
2017 $2,880 $36,300 $14,100 $22,200
2016 -- $36,300 $14,100 $22,200
2015 -- $36,300 $14,100 $22,200
2014 -- $36,300 $14,100 $22,200
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Todd Oessenick

    Win-Win Realty, Inc.

    (610) 419-9455

    3 in this area

    32 Total Sales

    Section Image

  • C

    Buyer's Agent in 2022

    Colleen Winslow

    Coldwell Banker Hearthside

    (484) 838-1001

    4 in this area

    25 Total Sales

    Section Image
  • Greta Kistler

    Seller's Agent in 2015

    Greta Kistler

    HowardHanna TheFrederickGroup

    (610) 751-2200

    20 Total Sales

    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 695851

Greater Lehigh Valley REALTORS®

APN: J7SE4B-11-3-0421

Pennsylvania Northampton County Nazareth 18064

149 Spring St, Nazareth, PA

This home is located at 149 Spring St, Nazareth, PA 18064 and is currently priced at $292,500, approximately $150 per square foot. This property was built in 1910. 149 Spring St is a home located in Northampton County with nearby schools including Floyd R. Shafer Elementary School, Nazareth Area Middle School, and Nazareth Area 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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