W
Seller's Agent in 2023
William Daves
Better Homes&Gardens RE Valley
(610) 421-8887
1 in this area
1 Total Sale
224 E South St Allentown, PA 18109
Rittersville Neighborhood
3
Beds
2
Baths
1,136
Sq Ft
2,400
Sq Ft Lot
Highlights
- Storm Windows
- Wall to Wall Carpet
- 1-minute walk to Keck Park
- 1 Car Garage
About This Home
As of April 2023Gross income $14460 yr, Net income $10863 Yr = 11.4% Cap. Will increase to 12.1% Cap on 6/1/19 at lease renewal. Large 3 bedroom, 2 full bathroom home for sale with a finished basement, large garage. Tenants pay all utilities including, water, sewer, electric and oil. Appliances included such as Refrigerator, Stove, Oven, Washer and Dryer. The home has a fenced in yard, newer roof 2007, newer windows and the furnace is very well maintained. Every bedroom is private. The home is in great condition. Rent is $1205 right now and will increase to $1265 on 6/1/19 with a renewed lease for 1 year. LONG TERM Tenants have been living in the home since 2017 and intend to stay since they love the home and the way it is being maintained by the current management company.
Townhouse Details
Home Type
- Townhome
Year Built
- Built in 1925
Lot Details
- 2,400 Sq Ft Lot
- Lot Dimensions are 20x120
Parking
- 1 Car Garage
Home Design
- Semi-Detached or Twin Home
- Brick Exterior Construction
Interior Spaces
- 1,136 Sq Ft Home
- 2-Story Property
- Wall to Wall Carpet
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Home Security
Utilities
- Window Unit Cooling System
- Radiator
- Heating System Uses Oil
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 640781018625001
Community Details
Building Details
- Insurance Expense $800
- Trash Expense $360
- Operating Expense $3,597
- Gross Income $14,460
- Net Operating Income $10,863
Security
- Storm Windows
- Storm Doors
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 3, 2023
Closed on
Apr 3, 2023
Sold by
White Kevin
Bought by
Mcmillian Geneva
Seller's Agent
William Daves
Better Homes&Gardens RE Valley
Buyer's Agent
Christopher Stager
CENTURY 21 Pinnacle
List Price
$199,900
Sold Price
$215,000
Premium/Discount to List
$15,100
7.55%
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
-$1,134
Avg. Annual Appreciation
0.65%
Original Mortgage
$205,115
Outstanding Balance
$200,047
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$18,141
Purchase Details
Listed on
Apr 11, 2019
Closed on
Jul 11, 2019
Sold by
Reitenauer Charis J
Bought by
White Kevin
Seller's Agent
Jennifer de Jesus
Steel City Realty
Buyer's Agent
Rennard Clayton
Coldwell Banker Hearthside
List Price
$95,000
Sold Price
$90,000
Premium/Discount to List
-$5,000
-5.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.91%
Purchase Details
Closed on
Feb 24, 2017
Sold by
Mitchell Philip J and Mitchell Charis J
Bought by
Reitenauer Charis J
Purchase Details
Closed on
Jun 2, 2005
Sold by
Mitchell Philip J and Mitchell Jennifer I
Bought by
Mitchell Philip J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,695
Interest Rate
5.79%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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 | $215,000 | None Listed On Document | |
| Deed | $90,000 | Parkland Abstract Corp | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $205,115 | FHA | |
| Previous Owner | $97,339 | Unknown | |
| Previous Owner | $11,000 | Credit Line Revolving | |
| Previous Owner | $102,000 | Purchase Money Mortgage | |
| Previous Owner | $20,000 | Credit Line Revolving | |
| Previous Owner | $63,695 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2023 04/28/23 | Sold | $215,000 | +7.6% | $189 / Sq Ft |
| 03/06/2023 03/06/23 | Pending | -- | -- | -- |
| 03/03/2023 03/03/23 | For Sale | $199,900 | +122.1% | $176 / Sq Ft |
| 07/18/2019 07/18/19 | Sold | $90,000 | -5.3% | $79 / Sq Ft |
| 06/03/2019 06/03/19 | Price Changed | $95,000 | 0.0% | $84 / Sq Ft |
| 05/04/2019 05/04/19 | Pending | -- | -- | -- |
| 04/11/2019 04/11/19 | For Sale | $95,000 | 0.0% | $84 / Sq Ft |
| 02/23/2015 02/23/15 | Rented | $1,050 | +5.0% | -- |
| 02/17/2015 02/17/15 | Under Contract | -- | -- | -- |
| 01/15/2015 01/15/15 | For Rent | $1,000 | -- | -- |
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 | $2,686 | $81,800 | $8,400 | $73,400 |
| 2024 | $2,686 | $81,800 | $8,400 | $73,400 |
| 2023 | $2,686 | $81,800 | $8,400 | $73,400 |
| 2022 | $4,070 | $81,800 | $8,400 | $73,400 |
| 2021 | $2,542 | $81,800 | $8,400 | $73,400 |
| 2020 | $2,476 | $81,800 | $8,400 | $73,400 |
| 2019 | $2,436 | $81,800 | $8,400 | $73,400 |
| 2018 | $2,270 | $81,800 | $8,400 | $73,400 |
| 2017 | $2,213 | $81,800 | $8,400 | $73,400 |
| 2016 | -- | $81,800 | $8,400 | $73,400 |
| 2015 | -- | $81,800 | $8,400 | $73,400 |
| 2014 | -- | $81,800 | $8,400 | $73,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2023
Eric Rothenberger
Better Homes&Gardens RE Valley
(610) 730-3200
9 in this area
421 Total Sales
-
Buyer's Agent in 2023
Christopher Stager
CENTURY 21 Pinnacle
(570) 242-9072
1 in this area
117 Total Sales
-
Seller's Agent in 2019
Jennifer de Jesus
Steel City Realty
(610) 333-4250
18 in this area
437 Total Sales
-
E
Seller Co-Listing Agent in 2019
Emanuel DeJesus
Coldwell Banker Hearthside
(610) 570-4445
5 Total Sales
-
Buyer's Agent in 2019
Rennard Clayton
Coldwell Banker Hearthside
(610) 737-8416
5 in this area
161 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 607759
APN: 640781018625-1
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes
- 521 S Bradford St
- 317 S Bradford St
- 149 E South St
- 226 E Walnut St
- 265 E Walnut St
- 18 S Bradford St
- 349 Hanover Ave Unit 353
- 428 Hanover Ave
- 157 Hamilton St
- 79 Priscilla St
- 222 N Front St
- 136 W Turner St
- 232 1/2 N Railroad St
- 221 Ridge Ave
- 232 N Railroad St
- 956 E Linden St
- 215 Chestnut St
- 501 N Carlisle St
- 301 E Susquehanna St Unit 305
- 431 E Susquehanna St