NOT LISTED FOR SALE

228 Main St Hellertown, PA 18055

Estimated Value: $385,000 - $444,251

4 Beds
2 Baths
2,492 Sq Ft
$165/Sq Ft Est. Value

Last Sold February 11, 2022

Last sale price $350,000 $140 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,235/month

18 Days on Market

Highlights

  • Brick or Stone Veneer
  • Saucon Valley Senior High School Rated 9+
  • Forced Air Heating and Cooling System

About This Home

As of February 2022

Today is the day this great rebuilt investment comes on market. This two unit plus has been redone from the brick in. New framing, wiring, plumbing, drywall and finishes throughout. Each unit is a 2 bedroom and 1 bathroom. The garage/barn in the back offers an additional revenue add along with the back parking area as a plus for tenants. The basement is storage for you the new owner. Call today to set up your appointment.

Last Agent to Sell the Property

Gregory Mazziotta

Assist 2 Sell Buyers & Sellers Listed on: 12/16/2021

Last Buyer's Agent

Faith Brenneisen

Keller Williams Allentown

Keller Williams Allentown

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,134

Year Built

  • Built in 1910

Lot Details

  • 9,000 Sq Ft Lot

Home Design

  • Brick or Stone Veneer
  • Frame Construction

Interior Spaces

  • 2,492 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Parking

  • 4 Parking Spaces
  • Unpaved Parking

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number Q7SW3A 8 5 0715

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $40
  • Insurance Expense $1,300
  • Gross Income $28,800
  • Net Operating Income $26,375

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,134

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • Technology: Cable, Smk Detector Battery
  • County Assessment: 59200.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1910
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Features: Rewired, Wash/Dry Hook-ups
  • Bathrooms: Modern
  • Square Footage: 2492

Exterior Features

  • Construction: Brickote, Frame

Garage/Parking

  • Parking: Unpaved Lot
  • Parking Spaces: 4

Utilities

  • Cooling: Central AC
  • Heat Type: Electric, Forced Air
  • Sewer: Public
  • Water: Public
  • Electric: 40
  • Insurance: 1300

Schools

  • School District: Saucon Valley

Lot Info

  • Acres: 0.207
  • Lot Sq Ft: 9000
  • Zoning Code: M

Tax Info

  • Assessor Parcel Number: Q7SW3A 8 5 0715
  • County Taxes: 698.56
  • Municipal Taxes: 1272.80
  • Total Taxes: 5134.42

Multi Family

  • School Taxes: 3163.06
  • Total Units: 2
  • Total Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2021
Closed on
Feb 8, 2022
Sold by
Granmazz Properties Llc
Bought by
Salehi Amin and Poomejad Nafiseh
Seller's Agent
Gregory Mazziotta
Assist 2 Sell Buyers & Sellers
Buyer's Agent
Faith Brenneisen
Keller Williams Allentown
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$412,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,063
Avg. Annual Appreciation
4.59%
Original Mortgage
$251,250
Outstanding Balance
$233,333
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$178,730

Purchase Details

Listed on
Feb 14, 2014
Closed on
Jun 5, 2014
Sold by
Mazziotta Construction Llc
Bought by
Granmazz Properties Llc
Seller's Agent
Christine Amelio
Rudy Amelio Real Estate
Buyer's Agent
Tim Tepes
BetterHomes&GardensRE/Cassidon
List Price
$87,150
Sold Price
$80,000
Premium/Discount to List
-$7,150
-8.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.71%

Purchase Details

Listed on
Feb 14, 2014
Closed on
Mar 24, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mazziotta Construction Company Llc
Seller's Agent
Christine Amelio
Rudy Amelio Real Estate
Buyer's Agent
Tim Tepes
BetterHomes&GardensRE/Cassidon
List Price
$87,150
Sold Price
$80,000
Premium/Discount to List
-$7,150
-8.2%

Purchase Details

Closed on
Feb 4, 2014
Sold by
Gerstenberg Michael J
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Salehi Amin $350,000 Settlement Keystone Premier
Salehi Amin $350,000 None Listed On Document
Granmazz Properties Llc $156,288 None Available
Mazziotta Construction Company Llc $80,000 None Available
Federal Home Loan Mortgage Corporation $1,431 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salehi Amin $251,250
Closed Salehi Amin $251,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2022 02/11/22 Sold $350,000 0.0% $140 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
12/16/2021 12/16/21 For Sale $350,000 +337.5% $140 / Sq Ft
04/14/2014 04/14/14 Sold $80,000 -8.2% $32 / Sq Ft
03/24/2014 03/24/14 Pending -- -- --
02/14/2014 02/14/14 For Sale $87,150 -- $35 / 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 $610 $56,500 $20,800 $35,700
2024 $4,913 $56,500 $20,800 $35,700
2023 $4,913 $56,500 $20,800 $35,700
2022 $4,844 $56,500 $20,800 $35,700
2021 $4,900 $56,500 $20,800 $35,700
2020 $4,900 $56,500 $20,800 $35,700
2019 $4,900 $56,500 $20,800 $35,700
2018 $4,835 $56,500 $20,800 $35,700
2017 $4,734 $56,500 $20,800 $35,700
2016 -- $59,200 $20,800 $38,400
2015 -- $59,200 $20,800 $38,400
2014 -- $59,200 $20,800 $38,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 684538

Greater Lehigh Valley REALTORS®

APN: Q7SW3A-8-5-0715