NOT LISTED FOR SALE

2221 Forest St Easton, PA 18042

Estimated Value: $364,000 - $442,000

6 Beds
4 Baths
3,509 Sq Ft
$111/Sq Ft Est. Value

Last Sold April 07, 2021

Last sale price $247,000 $70 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,173/month

555 Days on Market

Highlights

  • Commercial or Retail Space
  • Wilson Area High School Rated A-
  • 2-minute walk to Liberty Park

About This Home

As of April 2021

Calling all investors. A total of a 6 unit combined property with garages. 2217 consists of one 2 bedroom 1 bath unit. New tub and shower enclosure (2017), new kitchen floor (2016) new floor in hall & bedroom (2018). 2219 Consists of one 2 bedroom 1 bath unit. 2217-2219 had new windows installed (2013). 2221 consists of 2 units. Top unit has 2 bedrooms and 1 bath. Bottom unit has 1 bedroom 1 bath. New flooring was installed in the top unit (2015). 2223 consists of 2 units. Top unit has 2 bedrooms 1 bath. Bottom unit has 1 bedroom 1 bath. Bottom unit received new kitchen w/ gas range & hood (2011). Top unit received new kitchen (2016) & new carpet (2018). Property has 3 garages. 1 under 2217-2219 and 2 behind 2221-2223. 2221-2223 Garage roof was replaced (2018). 1 garage from this unit is being rented for $200/month. All units are currently rented with automatic 1 yr renewals. 2217-2219 Forest St and 2221-2223 Forest St are being sold together. Properties are NOT for sale individually.

Last Agent to Sell the Property

Lauren Cronmiller

Keller Williams Real Estate License #RS297106 Listed on: 08/02/2019

Keller Williams Real Estate

Last Buyer's Agent

David Ribardo

Keller Williams Allentown

Keller Williams Allentown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,553

Year Built

  • Built in 1900

Lot Details

  • 5,401

Home Design

  • 3,509 Sq Ft Home
  • Duplex
  • Commercial or Retail Space

Parking

  • 4 Parking Spaces
  • Paved Parking

Utilities

  • No Cooling
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number L9SW4B 14 15 0837

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $2,573
  • Insurance Expense $3,394
  • Maintenance Expense $1,425
  • Water Sewer Expense $4,702
  • Operating Expense $23,655
  • Gross Income $57,960
  • Net Operating Income $30,911

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,553

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial, Duplex/Both Halves
  • County Assessment: 48500.00
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Square Footage: 3509

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 4

Utilities

  • Cooling: No Air
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Electric: 2573
  • Gas: 2370
  • Heat: 2370
  • Insurance: 3394
  • Water Sewer: 4702

Condo/Co-op/Association

  • Lawn Snow Removal: 375
  • Maintenance Repair: 1425

Fee Information

  • Operating Expense: 23655

Schools

  • School District: Wilson

Lot Info

  • Zoning Code: PA095

Tax Info

  • Assessor Parcel Number: L9SW4B 14 15 0837
  • County Taxes: 523.80
  • Municipal Taxes: 1139.75
  • Total Taxes: 4552.65

Multi Family

  • School Taxes: 2889.10
  • Total Units: 4
  • Total Unit Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2019
Closed on
Apr 7, 2021
Sold by
Long Donald J
Bought by
Crp Capital Llc
Seller's Agent
Lauren Cronmiller
Keller Williams Real Estate
Buyer's Agent
David Ribardo
Keller Williams Allentown
List Price
$450,000
Sold Price
$247,000
Premium/Discount to List
-$203,000
-45.11%
Current Estimated Value
$390,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,667
Avg. Annual Appreciation
11.19%
Original Mortgage
$285,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2010
Sold by
Long Ellen E and Smith Linda M
Bought by
Long Donald J and Long Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
4.57%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Crp Capital Llc $247,000 Keystone Premier Settlement Se
Crp Capital Llc $380,000 Keystone Premier Setmnt Svcs
Long Donald J $98,471 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crp Capital Llc $285,000
Previous Owner Long Donald J $73,000
Previous Owner Long Donald J $86,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2021 04/07/21 Sold $247,000 0.0% $70 / Sq Ft
02/07/2021 02/07/21 Pending -- -- --
06/30/2020 06/30/20 Off Market $247,000 -- --
12/31/2019 12/31/19 For Sale $450,000 +82.2% $128 / Sq Ft
12/31/2019 12/31/19 Off Market $247,000 -- --
08/02/2019 08/02/19 For Sale $450,000 -- $128 / 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 $524 $48,500 $18,000 $30,500
2024 $4,664 $48,500 $18,000 $30,500
2023 $4,553 $48,500 $18,000 $30,500
2022 $4,538 $48,500 $18,000 $30,500
2021 $4,461 $48,500 $18,000 $30,500
2020 $4,413 $48,500 $18,000 $30,500
2019 $4,333 $48,500 $18,000 $30,500
2018 $4,128 $48,500 $18,000 $30,500
2017 $4,044 $48,500 $18,000 $30,500
2016 -- $48,500 $18,000 $30,500
2015 -- $48,500 $18,000 $30,500
2014 -- $48,500 $18,000 $30,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 619114

Greater Lehigh Valley REALTORS®

APN: L9SW4B-14-15-0837