$150,000
SOLD NOV 5, 2021

222 S Franklin St Unit 224 Allentown, PA 18102

Center City Neighborhood
5 Beds
2 Baths
2,037 Sq Ft
2,400 Sq Ft Lot

Recently Sold

$74 Per Sq Ft

4% Above List Price

65 Days on Market

About This Home

As of November 2021

222 N Franklin Street offers an affordable investment opportunity in down-town Allentown. This spacious 5 bedroom twin has off-street parking for multiple cars and a convenient location across from a park. Currently tenant occupied, the first floor setup provides a bedroom (could be a family room), living room, full bathroom and a huge eat-in kitchen. The 2nd level has a full bathroom and 3 nice size beds. There is enclosed porch with a staircase leading to the backyard. The 3rd floor has 2 additional bedrooms. Additional features include : Tenants pay all utilities, newer heating system and hot water heater, updated electric service.

Last Agent to Sell the Property

Chip Schmoyer

Iron Valley Real Estate Legacy Listed on: 05/09/2021

Iron Valley Real Estate Legacy

Last Buyer's Agent

Ivana Rincon

IronValley RE of Lehigh Valley License #RS226653L

IronValley RE of Lehigh Valley

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,962

Year Built

  • Built in 1898

Lot Details

  • 2,400 Sq Ft Lot

Home Design

  • Semi-Detached or Twin Home
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 2,037 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Unpaved Parking

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Gas

Community Details

  • Insurance Expense $750
  • Trash Expense $350
  • Gross Income $15,600
  • Net Operating Income $14,500

Listing and Financial Details

  • Assessor Parcel Number 549669298835001

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,962

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Semi Detached/Twin
  • County Assessment: 96500.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1898
  • Special Features: None

Interior Features

  • Bathrooms: Modern, Semi Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 5
  • Square Footage: 2037

Exterior Features

  • Construction: Brick, Frame

Garage/Parking

  • Parking: Unpaved Lot
  • Parking Spaces: 4

Utilities

  • Cooling: No Air
  • Heat Type: Gas, Hot Water
  • Sewer: Public
  • Water: Public
  • Insurance: 750
  • Trash Removal: 350

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.055
  • Lot Sq Ft: 2400
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 549669298835001
  • County Taxes: 364.77
  • Municipal Taxes: 582.37
  • Total Taxes: 2961.80

Multi Family

  • School Taxes: 2014.66
  • Total Units: 1
  • Total Unit Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2024
Sold by
Denby Marilyn E and Freyberger Diana
Bought by
Freyberger Jean and Freyberger Valerie
Current Estimated Value
$245,046

Purchase Details

Closed on
Dec 20, 1994
Sold by
Logue William R and Logue Diana L
Bought by
Denby Marilyn E

Purchase Details

Closed on
Apr 24, 1981
Bought by
Logue William R and Logue Diana L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Omega Abstract
Quit Claim Deed -- --
Deed $33,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $150,000 0.0% $74 / Sq Ft
11/05/2021 11/05/21 Sold $150,000 +3.5% $74 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
07/13/2021 07/13/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $144,900 0.0% $71 / Sq Ft
05/09/2021 05/09/21 For Sale $144,900 -- $71 / 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 $3,088 $93,600 $10,400 $83,200
2024 $3,088 $93,600 $10,400 $83,200
2023 $3,088 $93,600 $10,400 $83,200
2022 $2,982 $93,600 $83,200 $10,400
2021 $2,923 $93,600 $10,400 $83,200
2020 $2,848 $93,600 $10,400 $83,200
2019 $2,803 $93,600 $10,400 $83,200
2018 $2,609 $93,600 $10,400 $83,200
2017 $2,544 $93,600 $10,400 $83,200
2016 -- $93,600 $10,400 $83,200
2015 -- $93,600 $10,400 $83,200
2014 -- $93,600 $10,400 $83,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 667774

Greater Lehigh Valley REALTORS®

APN: 549677262074-1