Seller's Agent in 2020
Jonathan Campbell
Real of Pennsylvania
(610) 756-2090
6 in this area
1,372 Total Sales
184 S 1st St Lehighton, PA 18235
Estimated Value: $729,711
--
Bed
--
Bath
12,485
Sq Ft
$58/Sq Ft
Est. Value
Highlights
- Commercial or Retail Space
- Hot Water Heating System
- 2-minute walk to Lehighton Boro Park
About This Home
As of December 2020Opportunity to purchase stabilized multifamily mixed use property feat. 7 apartments, 2 street retail, 3 internal office/retail spaces & 6,200+/- SF 3 fl warehouse. 15 unit building located in downtown Lehighton surrounded by shops, restaurants and services. Each apartment fully occupied with private interior entrance. Apartments are large, well maintained and have 2 levels each. 1st fl feat. 2 commercial storefronts and 3 internal office/retail spaces with large interior promenade. Spaces can be combined or separated further depending on need. Warehouse connected to main building & accessed from 1st or 2nd fl through main building. Residential apts on 2nd and 3rd floor can be accessed via front or rear of property, where there is private parking and common outdoor area for tenants. Each unit separately metered and tenants pay all utilities directly to the provider. Rent has not been raised to market levels in some time - opportunity for new owner to quickly improve cash flow.
Last Agent to Sell the Property
Real of Pennsylvania License #RS297414 Listed on: 08/07/2020
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $7,542
Lot Details
- 0.28
Home Design
- 12,485 Sq Ft Home
- Commercial or Retail Space
- Brick Exterior Construction
Parking
- 7 Parking Spaces
- Paved Parking
- Off-Site Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- Hot Water Heating System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 70A10-29-U14
Community Details
Overview
- 15 Units
Building Details
- Insurance Expense $5,400
- Maintenance Expense $4,953
- Trash Expense $288
- Water Sewer Expense $723
- Operating Expense $18,867
- Gross Income $61,920
- Net Operating Income $43,052
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 7, 2020
Closed on
Dec 22, 2020
Sold by
Dominic Patrick and Dominic Elaine
Bought by
First Advantage Financial Group
Seller's Agent
Jonathan Campbell
Real of Pennsylvania
Buyer's Agent
Jonathan Campbell
Real of Pennsylvania
List Price
$484,000
Sold Price
$484,000
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
$245,711
Avg. Annual Appreciation
8.97%
Original Mortgage
$300,000
Outstanding Balance
$267,089
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$462,622
Purchase Details
Closed on
Jun 30, 1983
Bought by
Dominic Elaine and Dominic Patrick
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| First Advantage Financial Group | $484,000 | Neshaminy Abstract Llc | |
| Dominic Elaine | $6,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | First Advantage Financial Group | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/22/2020 12/22/20 | Sold | $484,000 | 0.0% | $39 / Sq Ft |
| 10/20/2020 10/20/20 | Pending | -- | -- | -- |
| 10/20/2020 10/20/20 | For Sale | $484,000 | 0.0% | $39 / Sq Ft |
| 09/10/2020 09/10/20 | Pending | -- | -- | -- |
| 08/07/2020 08/07/20 | For Sale | $484,000 | -- | $39 / 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 | $7,542 | $94,550 | $8,500 | $86,050 |
| 2024 | $7,164 | $94,550 | $8,500 | $86,050 |
| 2023 | $7,093 | $94,550 | $8,500 | $86,050 |
| 2022 | $7,093 | $94,550 | $8,500 | $86,050 |
| 2021 | $6,844 | $94,550 | $8,500 | $86,050 |
| 2020 | $6,678 | $94,550 | $8,500 | $86,050 |
| 2019 | $6,394 | $94,550 | $8,500 | $86,050 |
| 2018 | $6,253 | $94,550 | $8,500 | $86,050 |
| 2017 | $6,205 | $94,550 | $8,500 | $86,050 |
| 2016 | -- | $94,550 | $8,500 | $86,050 |
| 2015 | -- | $94,550 | $8,500 | $86,050 |
| 2014 | -- | $94,550 | $8,500 | $86,050 |
Source: Public Records
Agents Affiliated with this Home
-
Jonathan Campbell
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 645128
APN: 70A10-29-U14
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