NOT LISTED FOR SALE

Estimated Value: $201,098

3 Beds
3 Baths
2,058 Sq Ft
$98/Sq Ft Est. Value

Last Sold May 13, 2020

Last sale price $105,000 $51 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,417/month

127 Days on Market

Highlights

  • Balcony
  • Storm Windows
  • Baseboard Heating

About This Home

As of May 2020

MOTIVATED SELLERS Great opportunity to own this 2 unit currently mixed-use property in Old Historic Allentown. Within walking distance of Downtown Allentown, PPL Center, elementary schools, and other fine establishments. Make your appointment today and submit your offer!!

Last Agent to Sell the Property

Jeanne Rossi

DKR Property Mgmt & Maint LLC Listed on: 10/22/2019

Last Buyer's Agent

Barbara Filaseta

Weichert Realtors

Weichert Realtors

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1876

Lot Details

  • 2,047

Home Design

  • Mixed Use
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 2,058 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector
  • Fire Escape

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Gas
  • Baseboard Heating

Additional Features

  • Balcony
  • Lot Dimensions are 26 x 79.16

Listing and Financial Details

  • Assessor Parcel Number 549791538205 1

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $300
  • Insurance Expense $650
  • Maintenance Expense $500
  • Manager Expense $700
  • Water Sewer Expense $585
  • Gross Income $10,200
  • Net Operating Income $7,390

Property Details

Home Type

Multi-Family

Year Built

Built in 1876

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Mixed Use
  • Technology: Smk Detector Battery
  • County Assessment: 119300.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1876
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Features: Balcony, Fire Escape, Storm Doors, Storm Windows
  • Bathrooms: Semi Modern
  • Bathrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Bedrooms: 3
  • Square Footage: 2058

Exterior Features

  • Construction: Brick, Frame

Utilities

  • Cooling: Window AC
  • Heat Type: Baseboard, Electric, Gas, Radiator
  • Sewer: Public
  • Water: Public
  • Electric: 300
  • Insurance: 650
  • Water Sewer: 585

Condo/Co-op/Association

  • Lawn Snow Removal: 75
  • Maintenance Repair: 500
  • Management: 700

Schools

  • School District: Allentown

Lot Info

  • Lot Dimensions: 26 x 79.16
  • Zoning Code: R-MH

Tax Info

  • Assessor Parcel Number: 549791538205 1
  • County Taxes: 434.25
  • Municipal Taxes: 708.71
  • Total Taxes: 3496.64

Multi Family

  • School Taxes: 2353.68
  • Total Units: 2
  • Total Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2019
Closed on
May 9, 2020
Sold by
231 229 N 9Th St Llc
Bought by
Lehigh Land & Building Llc
Seller's Agent
Jeanne Rossi
DKR Property Mgmt & Maint LLC
Buyer's Agent
Barbara Filaseta
Weichert Realtors
List Price
$165,000
Sold Price
$105,000
Premium/Discount to List
-$60,000
-36.36%
Current Estimated Value
$201,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,098
Avg. Annual Appreciation
13.04%
Original Mortgage
$78,750
Outstanding Balance
$70,088
Interest Rate
3.3%
Mortgage Type
Commercial
Estimated Equity
$131,010

Purchase Details

Closed on
Oct 4, 2019
Sold by
Poniktera Christopher
Bought by
221 229 N 9Th St Llc

Purchase Details

Closed on
Oct 10, 1968
Bought by
Knox Lewis R
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
Lehigh Land & Building Llc $105,000 None Available
221 229 N 9Th St Llc $88,000 None Available
Knox Lewis R $20,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lehigh Land & Building Llc $78,750
Previous Owner Poniktera Christopher $105,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2020 05/13/20 Sold $105,000 -2.3% $51 / Sq Ft
02/26/2020 02/26/20 Pending -- -- --
02/18/2020 02/18/20 Price Changed $107,500 -14.0% $52 / Sq Ft
11/13/2019 11/13/19 Price Changed $125,000 -24.2% $61 / Sq Ft
11/13/2019 11/13/19 For Sale $165,000 +57.1% $80 / Sq Ft
11/05/2019 11/05/19 Off Market $105,000 -- --
10/22/2019 10/22/19 For Sale $165,000 -- $80 / 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 $3,861 $119,300 $9,300 $110,000
2024 $3,861 $119,300 $9,300 $110,000
2023 $3,861 $119,300 $9,300 $110,000
2022 $3,725 $119,300 $110,000 $9,300
2021 $3,650 $119,300 $9,300 $110,000
2020 $3,555 $119,300 $9,300 $110,000
2019 $3,497 $119,300 $9,300 $110,000
2018 $3,266 $119,300 $9,300 $110,000
2017 $3,183 $119,300 $9,300 $110,000
2016 -- $119,300 $9,300 $110,000
2015 -- $119,300 $9,300 $110,000
2014 -- $119,300 $9,300 $110,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 626645

Greater Lehigh Valley REALTORS®

APN: 549791538205-1