222 E Hamilton St Allentown, PA 18109
Rittersville NeighborhoodEstimated Value: $461,424
3
Beds
2
Baths
2,720
Sq Ft
$170/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Home Security System
- Central Air
- Storm Windows
- Commercial or Retail Space
- Hot Water Heating System
About This Home
As of January 2023GREAT OPPORTUNITY!! PROPERTY AND BUSINESS FOR SALE!! Opportunity to own your own fully functioning bar and restaurant. The business has been owned and operated for 30+ years by the same family and comes with PA (R) liquor license, bar equipment, kitchen equipment (like new), large outside deck, walk-in coolers, ice maker, and a parking lot in the rear. Along with seating around the bar, there is space on the 2nd floor for additional seating. Two apartments (1- one-bedroom and 1- two-bedroom) above the bar have been tenant-occupied for over 5 years and bring in additional income. Great location near AAA baseball stadium and future waterfront development. This is a great business opportunity… bring your ideas to explore the potential..!!! Text for an appointment today!!! Garage roof has leak and needs repair. City Pre sale inspection is for information only, buyer responsible for any repairs to get city CO. PLEASE DO NOT DISTURB THE BUSINESS OR ASK QUESTIONS TO ANY EMPLOYEE.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,022
Year Built
- Built in 1900
Lot Details
- 8,799 Sq Ft Lot
- Lot Dimensions are 40 x 220
- Property is zoned B-3-Highway Business
Parking
- 14 Car Garage
Home Design
- Commercial or Retail Space
- Mixed Use
- Brick Exterior Construction
- Vinyl Construction Material
Interior Spaces
- 2,720 Sq Ft Home
- 3-Story Property
- Washer and Dryer Hookup
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Home Security
- Home Security System
- Storm Windows
- Fire and Smoke Detector
- Fire Escape
Utilities
- Central Air
- Window Unit Cooling System
- Hot Water Heating System
- Heating System Uses Gas
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 640762959689 001
Community Details
Overview
Building Details
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 8, 2021
Closed on
Jan 11, 2023
Sold by
Demeter Linda A
Bought by
Freddies Real Estate Holding Company
Seller's Agent
Preet Bajwa
IronValley RE of Lehigh Valley
Buyer's Agent
Preet Bajwa
IronValley RE of Lehigh Valley
List Price
$519,000
Sold Price
$400,000
Premium/Discount to List
-$119,000
-22.93%
Total Days on Market
350
Views
57
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
$61,424
Avg. Annual Appreciation
6.16%
Original Mortgage
$475,000
Interest Rate
6.61%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 30, 1996
Sold by
Fornal Henry W and Fornal Liallian M
Bought by
Demeter Tery M and Demeter Linda A
Purchase Details
Closed on
Aug 13, 1986
Sold by
Smalley Robert J and Smalley Rebecca A
Bought by
Fornal Henry W and Fornal Liallian M
Purchase Details
Closed on
May 9, 1983
Sold by
Smalley Robert J and Smalley Rebecca A
Bought by
Smalley Robert J and Smalley Rebecca A
Similar Homes in the area
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 |
|---|---|---|---|
| Freddies Real Estate Holding Company | $400,000 | Legacy Title | |
| Demeter Tery M | -- | -- | |
| Fornal Henry W | $35,000 | -- | |
| Smalley Robert J | -- | -- | |
| Smalley Robert J | $85,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Freddies Real Estate Holding C | $375,000 | |
| Closed | Freddies Real Estate Holding C | $475,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/19/2023 01/19/23 | Sold | $400,000 | -22.9% | $147 / Sq Ft |
| 06/23/2022 06/23/22 | Pending | -- | -- | -- |
| 05/04/2022 05/04/22 | For Sale | $519,000 | 0.0% | $191 / Sq Ft |
| 12/03/2021 12/03/21 | Pending | -- | -- | -- |
| 07/08/2021 07/08/21 | For Sale | $519,000 | -- | $191 / 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 | $6,341 | $180,900 | $39,600 | $141,300 |
| 2024 | $6,341 | $180,900 | $39,600 | $141,300 |
| 2023 | $6,341 | $180,900 | $39,600 | $141,300 |
| 2022 | $6,135 | $180,900 | $141,300 | $39,600 |
| 2021 | $6,022 | $180,900 | $39,600 | $141,300 |
| 2020 | $5,877 | $180,900 | $39,600 | $141,300 |
| 2019 | $5,789 | $180,900 | $39,600 | $141,300 |
| 2018 | $5,338 | $180,900 | $39,600 | $141,300 |
| 2017 | $5,212 | $180,900 | $39,600 | $141,300 |
| 2016 | -- | $180,900 | $39,600 | $141,300 |
| 2015 | -- | $180,900 | $39,600 | $141,300 |
| 2014 | -- | $180,900 | $39,600 | $141,300 |
Source: Public Records
Agents Affiliated with this Home
-
Preet Bajwa
P
Seller's Agent in 2023
Preet Bajwa
IronValley RE of Lehigh Valley
(610) 258-0808
1 in this area
14 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 672700
APN: 640762959689-1
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