NOT LISTED FOR SALE

Estimated Value: $273,119

1 Bed
1.5 Baths
1,395 Sq Ft
$196/Sq Ft Est. Value

Last Sold August 20, 2014

Last sale price $55,000 $39 Per Sq Ft

Est. 397% increase in value since last sale

Current estimated payment $1,801/month

72 Days on Market

Highlights

  • Commercial or Retail Space
  • Hot Water Heating System
  • 2 Car Garage

About This Home

As of August 2014

Brick 2-Unit Twin in West End Theater District with Commercial Space on 1st Floor and 1 BR Apt on 2nd & 3rd Floors. Detached two car garage in back. Priced well below market value for quick sale! Being sold in "as is" condition.

Last Agent to Sell the Property

Craig Liles

IronValley RE of Lehigh Valley License #AB066762 Listed on: 02/17/2014

IronValley RE of Lehigh Valley

Co-Listed By

Maryann Liles

IronValley RE of Lehigh Valley

Last Buyer's Agent

William Feiertag

IronValley RE of Lehigh Valley License #RS300409

IronValley RE of Lehigh Valley

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1926

Lot Details

  • 2,396 Sq Ft Lot
  • Lot Dimensions are 20x120

Parking

  • 2 Car Garage

Home Design

  • Semi-Detached or Twin Home
  • Commercial or Retail Space
  • Mixed Use
  • Brick Exterior Construction

Interior Spaces

  • 1,395 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 549731146260001

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,200
  • Trash Expense $600
  • Water Sewer Expense $480
  • Operating Expense $5,373
  • Gross Income $19,200
  • Net Operating Income $13,827

Townhouse Details

Home Type

Townhome

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial, Mixed Use, Semi Detached/Twin
  • County Assessment: 115500.00
  • Stories: 2.0
  • Year Built: 1926
  • Supplement Modification Ti: 2014-04-16
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 1
  • Square Footage: 1395

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Garage
  • Parking Spaces: 2

Utilities

  • Cooling: Wall AC
  • Heat Type: Hot Water, Oil, Radiator
  • Sewer: Public
  • Water: Public
  • Insurance: 1200
  • Trash Removal: 600
  • Water Sewer: 480

Fee Information

  • Operating Expense: 5373

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.055
  • Lot Dimensions: 20X120
  • Lot Sq Ft: 2396
  • Zoning Code: B-3 Highway Business

Tax Info

  • Assessor Parcel Number: 549731146260001
  • County Taxes: 438.00
  • Municipal Taxes: 655.00
  • Total Taxes: 3093.00

Multi Family

  • School Taxes: 2000.00
  • Total Units: 2
  • Total Unit Count: 2

MLS Schools

  • School District: Allentown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2020
Sold by
A J S Development Group Inc
Bought by
Enj Investments Llc
Current Estimated Value
$273,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,375
Outstanding Balance
$112,660
Interest Rate
3.74%
Mortgage Type
Commercial
Estimated Equity
$160,459

Purchase Details

Listed on
Feb 17, 2014
Closed on
Aug 20, 2014
Sold by
Unterberg Jean
Bought by
Ajs Development Group
Seller's Agent
Craig Liles
IronValley RE of Lehigh Valley
Buyer's Agent
William Feiertag
IronValley RE of Lehigh Valley
List Price
$85,000
Sold Price
$55,000
Premium/Discount to List
-$30,000
-35.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.59%

Purchase Details

Closed on
Jun 25, 1993
Sold by
Unterberg David and Unterberg Kimberly
Bought by
Unterberg Lester and Jean Unterberg

Purchase Details

Closed on
Jan 31, 1990
Sold by
Roth Lawrence C
Bought by
Uterberg David and Uterberg Kimberly

Purchase Details

Closed on
Oct 22, 1987
Sold by
Hebel Luba Soblowy
Bought by
Roth Lawrence C

Purchase Details

Closed on
Sep 10, 1976
Bought by
Hebel Luba Soblowy
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
Enj Investments Llc $168,500 Germantown Title Company
Ajs Development Group $55,000 None Available
Unterberg Lester -- --
Uterberg David $110,000 --
Roth Lawrence C $43,300 --
Hebel Luba Soblowy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Enj Investments Llc $126,375
Previous Owner Ajs Development Group $759,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2014 08/20/14 Sold $55,000 -35.3% $39 / Sq Ft
04/30/2014 04/30/14 Pending -- -- --
02/17/2014 02/17/14 For Sale $85,000 -- $61 / 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 $3,887 $115,500 $16,800 $98,700
2024 $3,887 $115,500 $16,800 $98,700
2023 $3,887 $115,500 $16,800 $98,700
2022 $3,755 $115,500 $98,700 $16,800
2021 $3,683 $115,500 $16,800 $98,700
2020 $3,590 $115,500 $16,800 $98,700
2019 $3,534 $115,500 $16,800 $98,700
2018 $3,280 $115,500 $16,800 $98,700
2017 $3,199 $115,500 $16,800 $98,700
2016 -- $115,500 $16,800 $98,700
2015 -- $115,500 $16,800 $98,700
2014 -- $115,500 $16,800 $98,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 466328

Greater Lehigh Valley REALTORS®

APN: 549731146260-1