NOT LISTED FOR SALE

Estimated Value: $281,000 - $353,000

3 Beds
2 Baths
1,560 Sq Ft
$200/Sq Ft Est. Value

Last Sold November 06, 2023

Last sale price $286,000 $183 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,027/month

10 Days on Market

Highlights

  • Baseboard Heating
  • Kratzer Elementary School Rated A
  • Wall to Wall Carpet

About This Home

As of November 2023

Investors Lucky Find! This Duplex located in Parkland SD has been occupied by the same tenants for many years. The lower unit is a 2 BR, 1 BA with a Living Rm, Kitchen and Eating Area. The upper unit is a 1 BR, 1 BA with a Living Rm, Kitchen & Eating Area. Tenants also have access to the basement for extra storage and the laundry hookup. Tenants are responsible for paying their own utilities & grass/snow maintenance. Outside you will find a spacious yard and parking for at least 4 cars. Location has easy access to thoroughfares, shopping, restaurants, etc. Opportunity is knocking!
Highest and best offer by 3 PM Sunday, October 8, 2023.

Last Listed By

Dawn Stump

BHHS Fox & Roach - Allentown Listed on: 09/29/2023

BHHS Fox & Roach - Allentown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,250

Year Built

  • Built in 1975

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 40 x 120

Home Design

  • Duplex
  • Shingle Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Unpaved Parking

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 549715365962 001

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,926
  • Trash Expense $95
  • Water Sewer Expense $229
  • Operating Expense $6,470
  • Gross Income $14,700
  • Net Operating Income $8,230

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,250

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Duplex/Both Halves
  • Technology: Smk Detector Battery
  • County Assessment: 138300.00
  • Stories: 2.0
  • Street Number Modifier: 1839
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1975
  • Year Built Exception: Unknown
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Features: No Disclosure, Wall-to-Wall Carpet, Wash/Dry Hook-ups
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Square Footage: 1560

Exterior Features

  • Construction: Shingle/Shakes

Garage/Parking

  • Parking: Unpaved Lot
  • Parking Spaces: 4

Utilities

  • Cooling: Window ACs
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 1926
  • Trash Removal: 95
  • Water Sewer: 229

Fee Information

  • Operating Expense: 6470

Schools

  • School District: Parkland

Lot Info

  • Acres: 0.110
  • Lot Dimensions: 40 X 120
  • Lot Sq Ft: 4800
  • Zoning Code: R-5-Medium Density Residential

Tax Info

  • Assessor Parcel Number: 549715365962 001
  • County Taxes: 522.77
  • Municipal Taxes: 459.16
  • Total Taxes: 3250.05

Multi Family

  • School Taxes: 2268.12
  • Total Units: 2
  • Total Unit Count: 2

MLS Schools

  • School District: Parkland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Nov 6, 2023
Sold by
Frankenfield Llc
Bought by
Orduna Horacio Joel
Seller's Agent
Dawn Stump
BHHS Fox & Roach - Allentown
Buyer's Agent
JoAnn Hein
HowardHanna TheFrederickGroup
List Price
$275,000
Sold Price
$286,000
Premium/Discount to List
$11,000
4%
Total Days on Market
10
Current Estimated Value
$312,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,163
Avg. Annual Appreciation
5.77%
Original Mortgage
$214,500
Outstanding Balance
$211,649
Interest Rate
7.49%
Mortgage Type
Construction
Estimated Equity
$100,514

Purchase Details

Closed on
Jun 3, 2016
Sold by
Marsh Michael C
Bought by
Frankenfield Llc

Purchase Details

Closed on
Aug 12, 1999
Sold by
Miller Joseph A
Bought by
Marsh Michael C

Purchase Details

Closed on
Nov 30, 1976
Bought by
Miller Joseph A

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
Orduna Horacio Joel $286,000 First United Land Transfer
Frankenfield Llc $138,300 None Available
Marsh Michael C $85,000 --
Miller Joseph A $40,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orduna Horacio Joel $214,500
Previous Owner Marsh Michael C $66,385
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2023 11/06/23 Sold $286,000 +4.0% $183 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $275,000 -- $176 / 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 $3,363 $138,300 $18,900 $119,400
2024 $3,250 $138,300 $18,900 $119,400
2023 $3,181 $138,300 $18,900 $119,400
2022 $3,168 $138,300 $119,400 $18,900
2021 $3,168 $138,300 $18,900 $119,400
2020 $3,168 $138,300 $18,900 $119,400
2019 $3,109 $138,300 $18,900 $119,400
2018 $3,007 $138,300 $18,900 $119,400
2017 $2,903 $138,300 $18,900 $119,400
2016 -- $138,300 $18,900 $119,400
2015 -- $138,300 $18,900 $119,400
2014 -- $138,300 $18,900 $119,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 724907

Greater Lehigh Valley REALTORS®

APN: 549715365962-1