Seller's Agent in 2019
Cass Chies
Diamond 1st Real Estate, LLC
(610) 900-4300
34 in this area
363 Total Sales
222 Delaware Ave Palmerton, PA 18071
Estimated Value: $450,337
3
Beds
7
Baths
--
Sq Ft
3,920
Sq Ft Lot
Highlights
- Brick or Stone Mason
- Baseboard Heating
- 5-minute walk to Elmer Valo Field
About This Home
As of February 2019This fully rented multi-unit consists of 5 apartments and 2 store-fronts with 2 units having been renovated within the last year, 2 within the last three years, and the remaining 3 within the last 5 – 10 years. Updates include upgraded insulation, updated kitchens, baths, electric, and plumbing, and the conversion of 1 unit to meet the standards of being 100% handicap accessible. In addition, the walkway roof on the side of the building was replaced last year and the majority of the exterior has recently been re-painted. Don't wait too long to make your appointment.... Palmerton multi-unit properties are a rare find. Call Today.
Last Agent to Sell the Property
Diamond 1st Real Estate, LLC License #RM423947 Listed on: 10/08/2018
Last Buyer's Agent
(Not a member of any Non-Realtor
NON MEMBER
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,953
Year Built
- Built in 1907
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 20 x 190
Parking
- 6 Parking Spaces
Home Design
- Brick or Stone Mason
Interior Spaces
- 2-Story Property
- Basement
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Baseboard Heating
- Separate Meters
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 42A-48-K6, 42A-48-K7
Community Details
Overview
- 7 Units
Building Details
- Electric Expense $300
- Insurance Expense $2,989
- Maintenance Expense $2,337
- Trash Expense $840
- Operating Expense $17,771
- Gross Income $49,800
- Net Operating Income $32,029
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 8, 2018
Closed on
Feb 28, 2019
Sold by
Bell Kenneth A and Bell Deborah A
Bought by
222 Palmerton Llc
Seller's Agent
Cass Chies
Diamond 1st Real Estate, LLC
Buyer's Agent
(Not a member of any Non-Realtor
NON MEMBER
List Price
$325,000
Sold Price
$290,000
Premium/Discount to List
-$35,000
-10.77%
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
$160,337
Original Mortgage
$200,000
Outstanding Balance
$175,834
Interest Rate
4.4%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 17, 2008
Sold by
North Street Properties And Home Improve
Bought by
Bell Kenneth A and Bell Deborah A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
5.75%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 2, 2005
Sold by
Kline Melody M and Kline Melody
Bought by
North Street Properties And Home Improve
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 222 Palmerton Llc | $290,000 | None Available | |
| Bell Kenneth A | $257,500 | None Available | |
| North Street Properties And Home Improve | $200,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 222 Palmerton Llc | $200,000 | |
| Previous Owner | Bell Kenneth A | $206,000 | |
| Previous Owner | North Street Properties And Home Improve | $160,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/28/2019 02/28/19 | Sold | $290,000 | -10.8% | -- |
| 01/23/2019 01/23/19 | Pending | -- | -- | -- |
| 09/10/2018 09/10/18 | For Sale | $325,000 | -- | -- |
Source: Pocono Mountains Association of 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 | $3,896 | $39,200 | $13,800 | $25,400 |
| 2024 | $3,594 | $39,200 | $13,800 | $25,400 |
| 2023 | $3,486 | $39,200 | $13,800 | $25,400 |
| 2022 | $3,378 | $39,200 | $13,800 | $25,400 |
| 2021 | $3,246 | $39,200 | $13,800 | $25,400 |
| 2020 | $3,167 | $39,200 | $13,800 | $25,400 |
| 2019 | $3,089 | $39,200 | $13,800 | $25,400 |
| 2018 | $3,089 | $39,200 | $13,800 | $25,400 |
| 2017 | $3,040 | $39,200 | $13,800 | $25,400 |
| 2016 | -- | $39,200 | $13,800 | $25,400 |
| 2015 | -- | $39,200 | $13,800 | $25,400 |
| 2014 | -- | $39,200 | $13,800 | $25,400 |
Source: Public Records
Agents Affiliated with this Home
-
Cass Chies
-
(
Buyer's Agent in 2019
(Not a member of any Non-Realtor
NON MEMBER
Map
Source: Pocono Mountains Association of REALTORS®
MLS Number: PM-62252
APN: 42A-48-K6
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.
The data relating to real estate for sale on this web site includes listings held by MLS-IDX Participants of the Internet Data Exchange program of the Multiple Listing Service of the Pocono Mountains Association of Realtors®. Listings marked with the Internet Data Exchange logo are not necessarilty the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Associations and its MLS-IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed or implied.
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