NOT LISTED FOR SALE

2046 S 3rd St Unit 2048 Allentown, PA 18103

Southside Neighborhood

Estimated Value: $389,000 - $432,000

6 Beds
2 Baths
2,688 Sq Ft
$151/Sq Ft Est. Value

Last Sold April 03, 2019

Last sale price $270,000 $100 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,698/month

36 Days on Market

Highlights

  • Newly Remodeled
  • Ceiling Fan
  • Wall to Wall Carpet
  • Central Air

About This Home

As of April 2019

New Construction. Brand new 2 unit conveniently located in a desirable South Allentown location just off Emmaus Avenue and S 4th Street with easy access to I-78. This is an investor's dream! Brand new quality construction with minimal maintenance for years to come. Each unit has a separate entrance, separate gas heating system, separate electric and is beautifully finished and includes a living room, dining room, 3 large bedrooms, modern kitchen with new stainless steel appliances, optimal lighting, granite countertops and washer and dryer in each unit. Off street parking for 4 cars. Ideal for owner occupant or investor.

Last Agent to Sell the Property

Mary Beth Dolinich

HowardHanna TheFrederickGroup Listed on: 01/22/2019

HowardHanna TheFrederickGroup

Last Buyer's Agent

Jesse Chupella

Home Team Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,229

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 6,068 Sq Ft Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,688 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wall to Wall Carpet
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Paved Parking

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 640661532433001

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,000
  • Other Expense $1,500
  • Operating Expense $8,500
  • Gross Income $30,000
  • Net Operating Income $21,500

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,229

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 207500.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 2018
  • Year Built Exception: New Construction
  • Special Features: NewHome

Interior Features

  • Features: Wall-to-Wall Carpet, Wash/Dry Hook-ups
  • Bathrooms: Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 6
  • Square Footage: 2688

Exterior Features

  • Construction: Vinyl

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 4

Utilities

  • Cooling: Ceiling Fan, Central AC
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 1000

Fee Information

  • Operating Expense: 8500

Lot Info

  • Acres: 0.139
  • Lot Sq Ft: 6068
  • Zoning Code: Rm

Rental Info

  • Other Expenses: 1500

Tax Info

  • Assessor Parcel Number: 640661532433001
  • Total Taxes: 6229.00

Multi Family

  • Total Units: 2
  • Total Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2019
Closed on
Apr 3, 2019
Sold by
Jones Joseph J and Jones Tina J
Bought by
Performance Investments Llc
Seller's Agent
Mary Beth Dolinich
HowardHanna TheFrederickGroup
Buyer's Agent
Jesse Chupella
Home Team Real Estate
List Price
$289,900
Sold Price
$270,000
Premium/Discount to List
-$19,900
-6.86%
Current Estimated Value
$404,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,963
Avg. Annual Appreciation
6.29%
Original Mortgage
$216,000
Outstanding Balance
$165,622
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$239,341

Purchase Details

Closed on
Dec 29, 2017
Sold by
Johnson Kristine
Bought by
Jones Joseph J and Jones Tina J

Purchase Details

Closed on
Dec 6, 2013
Sold by
Dixon William
Bought by
Johnson Kristine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,850
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2006
Sold by
Haq Muhammad
Bought by
Bautista Jhon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2006
Sold by
Delong Joshua J and Dull Jessica L
Bought by
Haq Muhammad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,600
Interest Rate
9.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2004
Sold by
Carroll Ann E and Melcher Louise A
Bought by
Delong Joshua J and Dull Jessica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Performance Investments Llc $270,000 None Available
Jones Joseph J $25,000 None Available
Johnson Kristine $123,000 None Available
Bautista Jhon $210,000 None Available
Haq Muhammad $164,000 None Available
Delong Joshua J $121,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Performance Investments Llc $216,000
Previous Owner Johnson Kristine $116,850
Previous Owner Bautista Jhon $168,000
Previous Owner Haq Muhammad $147,600
Previous Owner Delong Joshua J $97,000
Closed Delong Joshua J $24,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2019 04/03/19 Sold $270,000 -3.5% $100 / Sq Ft
02/27/2019 02/27/19 Pending -- -- --
02/12/2019 02/12/19 Price Changed $279,900 -3.4% $104 / Sq Ft
01/22/2019 01/22/19 For Sale $289,900 -- $108 / 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 $6,713 $204,500 $20,900 $183,600
2024 $6,713 $204,500 $20,900 $183,600
2023 $6,713 $204,500 $20,900 $183,600
2022 $6,480 $204,500 $183,600 $20,900
2021 $6,352 $204,500 $20,900 $183,600
2020 $6,188 $204,500 $20,900 $183,600
2019 $980 $20,900 $20,900 $0
2018 $864 $20,900 $20,900 $0
2017 $849 $20,900 $20,900 $0
2016 -- $20,900 $20,900 $0
2015 -- $20,900 $20,900 $0
2014 -- $20,900 $20,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Beth Dolinich

    Seller's Agent in 2019

    Mary Beth Dolinich

    HowardHanna TheFrederickGroup

    (610) 462-3090

    1 in this area

    17 Total Sales

    Mary Beth Dolinich
    Section Image
  • Jesse Chupella

    Buyer's Agent in 2019

    Jesse Chupella

    Home Team Real Estate

    (484) 550-2530

    10 in this area

    212 Total Sales

    Jesse Chupella
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 599584

Greater Lehigh Valley REALTORS®

APN: 640661532433-1

Pennsylvania Lehigh County Allentown 18103 Southside

2046 S 3rd St Unit 2048, Allentown, PA

Not Listed for Sale

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