C
Seller's Agent in 2024
Christine Stefchak
Light House Realty LV LLC
(484) 553-4779
3 in this area
107 Total Sales
218 Chestnut St Allentown, PA 18101
1st Ward Neighborhood
3
Beds
1
Bath
1,230
Sq Ft
902
Sq Ft Lot
About This Home
As of November 2024Investors this will be a home run with cashflow. Sold with a clear CO from the City of Allentown this 3 bed 1 bath end of row is updated and ready for you to place your tenant and collect! Yearly property taxes are just $1,270. Inside you will find brand new windows, flooring, kitchen, and an updated full bath. 3 bedrooms + a bonus space & extra mudroom your tenants will enjoy for storage. Small fenced in concrete back patio. This home is just a short walk to the the Waterfront project, Harrison Middle School, Bucky Boyle Park, and the American Plaza Shopping Center. Lots of money being poured into the surrounding blocks with luxury apartments & development. Electric heat, electric hot water. Brand new electric panel and some wiring and plumbing, all work was permitted.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,270
Year Built
- Built in 1890
Lot Details
- 902 Sq Ft Lot
- Lot Dimensions are 15x60
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,230 Sq Ft Home
- 2.5-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Home Security
Utilities
- Window Unit Cooling System
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 640732835398 1
Community Details
Building Details
- Insurance Expense $1,000
- Trash Expense $375
- Gross Income $21,600
- Net Operating Income $18,955
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 11, 2024
Closed on
Nov 27, 2024
Sold by
Ideal Management Group Llc
Bought by
Boktor Soad Gadalrab Fri and Basely Ashraf
Seller's Agent
Christine Stefchak
Light House Realty LV LLC
Buyer's Agent
Mariz Georgie
IronValley RE of Lehigh Valley
List Price
$180,000
Sold Price
$169,000
Premium/Discount to List
-$11,000
-6.11%
Views
28
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
-$3,749
Avg. Annual Appreciation
-4.25%
Original Mortgage
$162,240
Outstanding Balance
$161,030
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$2,130
Purchase Details
Closed on
Aug 29, 2022
Sold by
Keo Holdings Llc
Bought by
Ideal Management Group Llc
Purchase Details
Closed on
Jul 28, 2022
Sold by
Keith Jeffries
Bought by
Keo Holdings Llc
Purchase Details
Closed on
Feb 9, 2016
Sold by
Jeffries Keith and Brenecke Tim
Bought by
Jeffries Keith
Purchase Details
Closed on
Sep 11, 2006
Sold by
Reo Properties Corp
Bought by
Jeffries Keith and Brenecke Tim
Purchase Details
Closed on
Aug 17, 2006
Sold by
Morrison Norman and Morrison Norman H
Bought by
Reo Properties Corp
Purchase Details
Closed on
Jun 8, 2006
Sold by
Morrison Norman and Morrison Norman H
Bought by
Reo Properties Corp
Purchase Details
Closed on
Jul 3, 2002
Sold by
Ellenberger Daniel
Bought by
Morrison Norman
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,600
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 12, 1985
Bought by
Messner Vinna
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $169,000 | First United Land Transfer | |
| Deed | $169,000 | First United Land Transfer | |
| Deed | $52,000 | Hensel Paul C | |
| Special Warranty Deed | $40,000 | None Listed On Document | |
| Interfamily Deed Transfer | $19,800 | Attorney | |
| Deed | $28,250 | Independence Abstract & Titl | |
| Sheriffs Deed | -- | None Available | |
| Sheriffs Deed | -- | None Available | |
| Deed | $44,000 | -- | |
| Deed | $8,300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $162,240 | New Conventional | |
| Closed | $162,240 | New Conventional | |
| Previous Owner | $39,600 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/27/2024 11/27/24 | Sold | $169,000 | -6.1% | $137 / Sq Ft |
| 08/16/2024 08/16/24 | Pending | -- | -- | -- |
| 05/11/2024 05/11/24 | For Sale | $180,000 | -- | $146 / 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 | $1,270 | $39,600 | $2,500 | $37,100 |
| 2024 | $1,270 | $39,600 | $2,500 | $37,100 |
| 2023 | $1,270 | $39,600 | $2,500 | $37,100 |
| 2022 | $1,225 | $39,600 | $37,100 | $2,500 |
| 2021 | $1,200 | $39,600 | $2,500 | $37,100 |
| 2020 | $1,169 | $39,600 | $2,500 | $37,100 |
| 2019 | $1,149 | $39,600 | $2,500 | $37,100 |
| 2018 | $1,075 | $39,600 | $2,500 | $37,100 |
| 2017 | $1,048 | $39,600 | $2,500 | $37,100 |
| 2016 | -- | $39,600 | $2,500 | $37,100 |
| 2015 | -- | $39,600 | $2,500 | $37,100 |
| 2014 | -- | $39,600 | $2,500 | $37,100 |
Source: Public Records
Agents Affiliated with this Home
-
Christine Stefchak
-
Mariz Georgie
Buyer's Agent in 2024
Mariz Georgie
IronValley RE of Lehigh Valley
(484) 661-3971
2 in this area
19 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 737725
APN: 640732835398-1
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