NOT LISTED FOR SALE

198 S 1st St Lehighton, PA 18235

Estimated Value: $261,020

-- Bed
-- Bath
-- Sq Ft
5,663 Sq Ft Lot

Last Sold June 06, 2024

Last sale price $250,000

Est. 4% increase in value since last sale

Current estimated payment $1,627/month

3 Days on Market

Highlights

  • Wood Flooring
  • Commercial or Retail Space
  • 3-minute walk to Lehighton Boro Park
  • Storm Windows
  • Baseboard Heating

About This Home

As of June 2024

ATTENTION NEW AND SEASONED INVESTORS! Here is your opportunity to own a 5-unit building (3 residential units and 2 commercial units) centrally located in the fast-growing Lehighton area! This property makes money! Current gross income with only the residential units filled is 33,600.00 with room to grow. Many possibilities with the commercial space-More residential units? Laundry mat? Storage units? Games of chance? (Check uses with zoning office) Don't let this amazing opportunity pass you by! Invest in your future today! Offered at 229,900.00!

Last Agent to Sell the Property

Timothy Klotz

TNT Premier Real Estate Listed on: 04/19/2024

Last Buyer's Agent

Elizabeth Ubri Montero

Allentown City Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,691

Year Built

  • Built in 1940

Lot Details

  • 5,663 Sq Ft Lot
  • Property is zoned Commercial

Parking

  • 6 Parking Spaces

Home Design

  • Commercial or Retail Space
  • Vinyl Construction Material

Flooring

  • Wood Flooring

Home Security

  • Storm Windows
  • Storm Doors

Utilities

  • No Cooling
  • Baseboard Heating
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 70A10-29-U17

Community Details

Overview

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,691

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Commercial, Detached
  • Technology: Cable, DSL
  • County Assessment: 35870.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1940
  • Year Built Exception: Unknown
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Features: Hardwood, Storm Doors, Storm Windows
  • Bathrooms: Modern

Exterior Features

  • Construction: Vinyl

Garage/Parking

  • Parking Spaces: 6

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 2879

Fee Information

  • Operating Expense: 5579

Schools

  • School District: Lehighton

Lot Info

  • Acres: 0.130
  • Lot Sq Ft: 5663
  • Zoning Code: Commercial

Tax Info

  • Assessor Parcel Number: 70A10-29-U17
  • Total Taxes: 2690.84

Multi Family

  • Total Units: 4
  • Total Unit Count: 5

MLS Schools

  • School District: Lehighton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Jun 17, 2024
Sold by
Windward Sail Re Holdings Llc
Bought by
Federal Rental Homes Llc
Seller's Agent
Timothy Klotz
TNT Premier Real Estate
Buyer's Agent
Elizabeth Ubri Montero
Allentown City Realty
List Price
$229,900
Sold Price
$250,000
Premium/Discount to List
$20,100
8.74%
Views
13
Current Estimated Value
$261,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,020
Avg. Annual Appreciation
3.30%
Original Mortgage
$187,500
Outstanding Balance
$185,197
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$75,823

Purchase Details

Listed on
Apr 4, 2019
Closed on
Aug 2, 2019
Sold by
Chillari Joseph and Chillari Donna
Bought by
Winward Sail Holdings Llc
Seller's Agent
Jessica Vooz
Iron Valley Real Estate Legacy
Buyer's Agent
Timothy Klotz
TNT Premier Real Estate
List Price
$155,000
Sold Price
$70,000
Premium/Discount to List
-$85,000
-54.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.01%

Purchase Details

Closed on
Feb 21, 2007
Sold by
First National Bank Of Palmerton
Bought by
Chillari Joseph and Chillari Donna

Purchase Details

Closed on
Dec 29, 2006
Sold by
Greenzweig Kevin L
Bought by
First National Bank Of Palmerton
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Federal Rental Homes Llc $250,000 None Listed On Document
Winward Sail Holdings Llc $70,000 None Available
Chillari Joseph $90,200 None Available
First National Bank Of Palmerton $7,430 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Federal Rental Homes Llc $187,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 Sold $250,000 +8.7% --
04/22/2024 04/22/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $229,900 +228.4% --
08/02/2019 08/02/19 Sold $70,000 -39.1% --
07/11/2019 07/11/19 Pending -- -- --
04/18/2019 04/18/19 Price Changed $115,000 -25.8% --
04/04/2019 04/04/19 For Sale $155,000 -- --
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 $2,861 $35,870 $6,500 $29,370
2024 $2,718 $35,870 $6,500 $29,370
2023 $2,691 $35,870 $6,500 $29,370
2022 $2,691 $35,870 $6,500 $29,370
2021 $2,597 $35,870 $6,500 $29,370
2020 $2,534 $35,870 $6,500 $29,370
2019 $2,426 $35,870 $6,500 $29,370
2018 $2,372 $35,870 $6,500 $29,370
2017 $2,354 $35,870 $6,500 $29,370
2016 -- $35,870 $6,500 $29,370
2015 -- $35,870 $6,500 $29,370
2014 -- $35,870 $6,500 $29,370
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Timothy Klotz

    TNT Premier Real Estate

    (570) 393-7722

    23 in this area

    161 Total Sales

    Timothy Klotz
    Section Image

  • E

    Buyer's Agent in 2024

    Elizabeth Ubri Montero

    Allentown City Realty

    (484) 719-1581

    1 in this area

    74 Total Sales

    Elizabeth Ubri Montero
    Section Image
  • Jessica Vooz

    Seller's Agent in 2019

    Jessica Vooz

    Iron Valley Real Estate Legacy

    (610) 462-9737

    5 in this area

    231 Total Sales

    Jessica Vooz
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 736367

Greater Lehigh Valley REALTORS®

APN: 70A10-29-U17

Pennsylvania Carbon County Lehighton 18235

198 S 1st St, Lehighton, PA

This home is located at 198 S 1st St, Lehighton, PA 18235 since 19 April 2024 and is currently estimated at $261,020. This property was built in 1940. 198 S 1st St is a home located in Carbon County with nearby schools including Lehighton Area High School, Sts. Peter & Paul School, and Valley Ridge Academy.

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.

Greater Lehigh Valley REALTORS® 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.
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