NOT LISTED FOR SALE

1507 Washington St Easton, PA 18042

Estimated Value: $180,345 - $248,000

4 Beds
2 Baths
1,573 Sq Ft
$138/Sq Ft Est. Value

Last Sold May 13, 2019

Last sale price $92,000 $58 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $1,229/month

8 Days on Market

Highlights

  • Hot Water Heating System
  • 1 Car Garage
  • Wall to Wall Carpet
  • Wilson Area High School Rated A-

About This Home

As of May 2019

A great 2 unit investment property in Easton, good location with gas heat, long term tenants that pay on time and a garage in the back. The roof was replaced in 2010 with new asphalt shingles and also the siding was replaced the same year. The furnace has been regularly serviced. The seller will provide a clear city certificate prior to the closing for the right offer. Both water heaters are electric and they are 5 yrs old. The property has a basement and the first floor tenant has access to that. Current home owner would like to retire. Great money maker for the new landlord! The property does need some updating.

Last Agent to Sell the Property

Evangelia Papadopoulos

Keller Williams Northampton Listed on: 04/09/2019

Keller Williams Northampton

Last Buyer's Agent

Barry Lewis

Coldwell Banker Hearthside

Coldwell Banker Hearthside

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1900

Lot Details

  • 2,265

Parking

  • 1 Car Garage

Home Design

  • Converted Dwelling
  • Frame Construction
  • Shingle Siding
  • Vinyl Construction Material

Interior Spaces

  • 1,573 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet

Home Security

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number L9SW2C 20 22 0837

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $100
  • Insurance Expense $575
  • Trash Expense $250
  • Water Sewer Expense $300
  • Operating Expense $6,080
  • Gross Income $16,080
  • Net Operating Income $10,000

Security

  • Fire and Smoke Detector
  • Fire Escape

Townhouse Details

Home Type

Townhome

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Converted, Row-End Unit, Semi Detached/Twin
  • Technology: Smk Detector Battery
  • County Assessment: 36400.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Features: Fire Escape, Wall-to-Wall Carpet
  • Square Footage: 1573

Exterior Features

  • Construction: Frame, Shingle, Vinyl

Garage/Parking

  • Parking: Garage
  • Parking Spaces: 1

Utilities

  • Cooling: Window AC
  • Heat Type: Gas, Hot Water
  • Sewer: Public
  • Water: Public
  • Electric: 100
  • Gas: 250
  • Heat: 250
  • Insurance: 575
  • Trash Removal: 250
  • Water Sewer: 300

Fee Information

  • Operating Expense: 6080

Schools

  • School District: Wilson

Lot Info

  • Zoning Code: R-2

Tax Info

  • Assessor Parcel Number: L9SW2C 20 22 0837
  • County Taxes: 393.12
  • Municipal Taxes: 855.40
  • Total Taxes: 3416.83

Multi Family

  • School Taxes: 2168.31
  • Total Units: 2
  • Total Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2019
Closed on
May 13, 2019
Sold by
Villamar Jonny A and Villamar Josefina
Bought by
Pier 6 Ventures Llc
Seller's Agent
Evangelia Papadopoulos
Keller Williams Northampton
Buyer's Agent
Barry Lewis
Coldwell Banker Hearthside
List Price
$100,000
Sold Price
$92,000
Premium/Discount to List
-$8,000
-8%
Current Estimated Value
$216,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,586
Avg. Annual Appreciation
12.47%
Original Mortgage
$69,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 5, 2007
Sold by
Dale T Bracken - Tr
Bought by
Villamar Jonny A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,335
Interest Rate
6.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 1994
Bought by
Bracken Dale T Trust
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 Buyer Sale Price Title Company
Pier 6 Ventures Llc $92,000 Steelhouse Abstract Inc
Villamar Jonny A $95,000 --
Bracken Dale T Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pier 6 Ventures Llc $105,000
Closed Pier 6 Ventures Llc $69,000
Previous Owner Villamar Jonny A $49,335
Previous Owner Villamar Jonny A $87,900
Previous Owner Villamar Josefina $87,899
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2019 05/13/19 Sold $92,000 -8.0% $58 / Sq Ft
04/17/2019 04/17/19 Pending -- -- --
04/09/2019 04/09/19 For Sale $100,000 -- $64 / 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 $393 $36,400 $13,500 $22,900
2024 $3,500 $36,400 $13,500 $22,900
2023 $3,417 $36,400 $13,500 $22,900
2022 $3,406 $36,400 $13,500 $22,900
2021 $3,348 $36,400 $13,500 $22,900
2020 $3,312 $36,400 $13,500 $22,900
2019 $3,252 $36,400 $13,500 $22,900
2018 $3,098 $36,400 $13,500 $22,900
2017 $3,035 $36,400 $13,500 $22,900
2016 -- $36,400 $13,500 $22,900
2015 -- $36,400 $13,500 $22,900
2014 -- $36,400 $13,500 $22,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 604086

Greater Lehigh Valley REALTORS®

APN: L9SW2C-20-22-0837