NOT LISTED FOR SALE

1501 Washington St Easton, PA 18042

Estimated Value: $294,000 - $429,000

4 Beds
2 Baths
2,708 Sq Ft
$140/Sq Ft Est. Value

Last Sold November 04, 2019

Last sale price $220,000 $81 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,098/month

1 Day on Market

Highlights

  • 0.12 Acre Lot
  • Forced Air Heating System
  • Garage
  • Wilson Area High School Rated A-

About This Home

As of November 2019

Turn-key Investment Property in Wilson showing a 10% cap rate! 3 units plus 3 garages. Fully occupied. Tenants in 1501 and 1503 1st floor pay all their own utilities. Landlord pays W/S/T for 1503 #2 only. Leases and all deposits.

Last Agent to Sell the Property

Jennifer de Jesus

Steel City Realty LLC License #RM423820 Listed on: 08/19/2019

Last Buyer's Agent

(Lehigh) GLVR Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • Garage

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,708 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number L9SW2C-20-20-0837

Community Details

Overview

  • 2 Buildings

Building Details

  • Operating Expense $7,800
  • Gross Income $30,648
  • Net Operating Income $22,848

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Directions: East on Butler St. Left on S 15th st. Front of house is 1503 Washington. 1501 Washington is behind the house above garage.
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Building Stories: 2
  • Year Built: 1900
  • PropertySubType: Multi Family
  • Lot Size Acres: 0.12
  • Co List Office Phone: 484-895-9005
  • MLS Status: Closed
  • Subdivision Name: None
  • Location Tax and Legal Parcel Number2: L9SW2C-20-20-0837
  • Location Tax and Legal School Tax Amount2: 3579.85
  • Location Tax and Legal Tax Annual Amount2: 5519.65
  • Location Tax and Legal Zoning Description2: Residential
  • General Property Information Stories2: 2
  • General Property Information Lot Size Acres: 0.12
  • Roof:Shingle: Yes
  • Appliances Water Heater3: Yes
  • General Property Information Basement YN: Yes
  • Water Source:Public: Yes
  • Sewer:Public Sewer: Yes
  • Cooling None4: Yes
  • Water Heater Gas3: Yes
  • General Property Information Number Of Buildings2: 2.0
  • Income And Expenses Operating Expense: 7800.0
  • Cooling Separate Meters: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Basement YN: Yes

Exterior Features

  • Roof: Shingle
  • Disclosures: Right of First Refusal
  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Separate Meters, None
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres
  • Parcel Number: L9SW2C-20-20-0837
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 5519.65
  • Tax Book Number: 2004-1/293284

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2019
Closed on
Oct 31, 2019
Sold by
Defalco Paul and Defalco Antonella
Bought by
Rodriguez Jorge Campusano
Seller's Agent
Jennifer de Jesus
Steel City Realty LLC
Buyer's Agent
(Lehigh) GLVR Member
NON MEMBER
List Price
$220,000
Sold Price
$220,000
Current Estimated Value
$377,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,915
Avg. Annual Appreciation
9.89%
Original Mortgage
$216,015
Outstanding Balance
$190,072
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$192,249

Purchase Details

Closed on
Jul 23, 2004
Sold by
Burgio Samuel
Bought by
Defalco Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 1988
Bought by
Burgio Samuel D and Burgio Judith M
Source: Public Records

Range of Values:

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Average Value
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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
Rodriguez Jorge Campusano $220,000 Lighthouse Abstract Ltd
Defalco Paul $190,000 --
Burgio Samuel D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Jorge Campusano $216,015
Previous Owner Defalco Paul $113,000
Previous Owner Defalco Paul $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2019 11/04/19 Sold $220,000 0.0% $81 / Sq Ft
08/20/2019 08/20/19 Pending -- -- --
08/19/2019 08/19/19 For Sale $220,000 0.0% $81 / Sq Ft
08/01/2016 08/01/16 Rented $725 -3.3% --
07/21/2016 07/21/16 Under Contract -- -- --
04/18/2016 04/18/16 For Rent $750 -- --
Source: Pocono Mountains Association of 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 $659 $61,000 $18,000 $43,000
2024 $5,866 $61,000 $18,000 $43,000
2023 $5,726 $61,000 $18,000 $43,000
2022 $5,708 $61,000 $18,000 $43,000
2021 $5,611 $61,000 $18,000 $43,000
2020 $5,550 $61,000 $18,000 $43,000
2019 $5,449 $61,000 $18,000 $43,000
2018 $5,191 $61,000 $18,000 $43,000
2017 $5,086 $61,000 $18,000 $43,000
2016 -- $61,000 $18,000 $43,000
2015 -- $61,000 $18,000 $43,000
2014 -- $61,000 $18,000 $43,000
Source: Public Records

Agents Affiliated with this Home

  • Jennifer de Jesus

    Seller's Agent in 2019

    Jennifer de Jesus

    Steel City Realty LLC

    (610) 333-4250

    4 in this area

    428 Total Sales

    Jennifer de Jesus
    Section Image

  • (

    Buyer's Agent in 2019

    (Lehigh) GLVR Member

    NON MEMBER

  • A

    Seller Co-Listing Agent in 2016

    Angel DeJesus

    Coldwell Banker Hearthside

  • C

    Buyer's Agent in 2016

    Carla Fonseca

    BHHS Paul Ford Easton

    (610) 248-9590

    16 Total Sales

    Carla Fonseca
    Section Image
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Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-71217

Pocono Mountains Association of REALTORS®

APN: L9SW2C 20 20 0837

Pennsylvania Northampton County Easton 18042

1501 Washington St, Easton, PA

This home is located at 1501 Washington St, Easton, PA 18042 since 19 August 2019 and is currently estimated at $377,915, approximately $139 per square foot. This property was built in 1900. 1501 Washington St is a home located in Northampton County with nearby schools including Wilson Area High School, Easton Arts Academy Elementary Cs, and St Jane Frances De Chantal School.

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Pocono Mountains Association of REALTORS® The data relating to real estate for sale on this web site includes listings held by MLS-IDX Participants of the Internet Data Exchange program of the Multiple Listing Service of the Pocono Mountains Association of Realtors®. Listings marked with the Internet Data Exchange logo are not necessarilty the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Associations and its MLS-IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed or implied.

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