Seller's Agent in 2019
Mike Dorney
Weichert Realtors
(484) 330-0158
1 in this area
114 Total Sales
170 Cherry St Nazareth, PA 18064
Estimated Value: $288,771 - $380,000
4
Beds
3
Baths
2,000
Sq Ft
$168/Sq Ft
Est. Value
Highlights
- Forced Air Heating System
- Baseboard Heating
- 4 Car Garage
- Floyd R. Shafer Elementary School Rated A-
About This Home
As of December 2019Very desirable well maintained two unit rental property in a quit location of Nazareth Borough. Both units are two bedroom with one having two bathrooms and the other one bathroom. Gas heat,cooking, and hardwood flooring with both having private fenced in yards. Rents haven't been increased and with a slight adjustment you could be at a 9% Cap Rate. This would be a great property to live in one half and rent the other side out.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,511
Year Built
- Built in 1900
Lot Details
- 10,192 Sq Ft Lot
Parking
- 4 Car Garage
Home Design
- 2,000 Sq Ft Home
- Duplex
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number J7SE4C 2 1 0421
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $1,070
- Maintenance Expense $334
- Trash Expense $720
- Gross Income $21,720
- Net Operating Income $15,940
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 2, 2019
Closed on
Dec 6, 2019
Sold by
Davis Virginia K and Ackerman Roger B
Bought by
Christoforos Inc
Seller's Agent
Mike Dorney
Weichert Realtors
Buyer's Agent
Evangelia Papadopoulos
Keller Williams Northampton
List Price
$229,000
Sold Price
$205,000
Premium/Discount to List
-$24,000
-10.48%
Total Days on Market
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,443
Avg. Annual Appreciation
9.47%
Original Mortgage
$164,000
Outstanding Balance
$146,135
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$189,308
Purchase Details
Closed on
Sep 11, 2009
Sold by
Wukovitz Mary and Wukovitz Mary P
Bought by
Davis Virginia K and Ackerman Roger B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.31%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Christoforos Inc | $209,000 | Keystone Premier Setmnt Svcs | |
| Davis Virginia K | $160,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Christoforos Inc | $164,000 | |
| Previous Owner | Davis Virginia K | $108,750 | |
| Previous Owner | Davis Virginia K | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/31/2019 12/31/19 | Sold | $205,000 | -10.5% | $103 / Sq Ft |
| 11/16/2019 11/16/19 | Pending | -- | -- | -- |
| 11/02/2019 11/02/19 | For Sale | $229,000 | -- | $115 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
Tax History Compared to Growth
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 | $454 | $42,000 | $18,600 | $23,400 |
| 2024 | $3,583 | $42,000 | $18,600 | $23,400 |
| 2023 | $3,511 | $42,000 | $18,600 | $23,400 |
| 2022 | $3,511 | $42,000 | $18,600 | $23,400 |
| 2021 | $3,509 | $42,000 | $18,600 | $23,400 |
| 2020 | $3,509 | $42,000 | $18,600 | $23,400 |
| 2019 | $3,456 | $42,000 | $18,600 | $23,400 |
| 2018 | $3,384 | $42,000 | $18,600 | $23,400 |
| 2017 | $3,332 | $42,000 | $18,600 | $23,400 |
| 2016 | -- | $42,000 | $18,600 | $23,400 |
| 2015 | -- | $42,000 | $18,600 | $23,400 |
| 2014 | -- | $42,000 | $18,600 | $23,400 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Dorney
-
Evangelia Papadopoulos
Buyer's Agent in 2019
Evangelia Papadopoulos
Keller Williams Northampton
(610) 248-4578
1 in this area
133 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 628262
APN: J7SE4C-2-1-0421
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.
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.
Nearby Homes
- 516 Heckman Ave
- 352 Mauch Chunk St
- 0 Forest Dr
- 2 N Main St
- 112 E Walnut St
- 49 N Broad St
- 200 S Whitfield St
- 171 N New St
- 421 Bank St
- 61 Sycamore St
- 2864 Briarwood Ln
- 1501 Corkscrew Dr Unit 13
- 693 Lexington Rd
- 2613 English Ivy Rd
- 634 Country Club Rd
- 441 Knauss Rd
- 4478 Cottonwood Dr
- 4251 Beech Dr
- 237 Danbury Dr
- 222 Danbury Dr