233 N Law St Allentown, PA 18102
Center City Neighborhood
5
Beds
1
Bath
1,758
Sq Ft
1,398
Sq Ft Lot
About This Home
As of May 2024Attention investors! Here's an incredible opportunity to add to your portfolio in Allentown. This single-family row home & 1 car detached garage is currently rented until 11/30/24, bringing in $1,458 per month in rental income. With tenants responsible for all utilities and expenses totaling $2,925, the property nets an impressive $14,571 annually. Priced competitively at $180,000, this investment offers a solid and consistent return. Featuring 5 bedrooms and one bathroom. Take advantage of this chance to secure a reliable income stream with minimal hassle in a prime location.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,224
Year Built
- Built in 1895
Lot Details
- 1,398 Sq Ft Lot
Parking
- 1 Parking Space
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,758 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 1 Full Bathroom
Utilities
- No Cooling
- Heating System Uses Gas
Community Details
- Insurance Expense $702
- Operating Expense $2,925
- Gross Income $17,496
- Net Operating Income $14,571
Listing and Financial Details
- Assessor Parcel Number 640712307423001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 25, 2024
Closed on
May 8, 2024
Sold by
Janti Rani Llc
Bought by
Barakat Akram Francis and Barakat Erika Denisse
Seller's Agent
Jennifer de Jesus
Steel City Realty
Buyer's Agent
Alaa Aldeen Alkhawaldeh
Reinvest Real Estate LLC
List Price
$170,000
Sold Price
$164,000
Premium/Discount to List
-$6,000
-3.53%
Views
3
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
$24,738
Avg. Annual Appreciation
10.29%
Original Mortgage
$131,200
Outstanding Balance
$129,932
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$54,883
Purchase Details
Listed on
Sep 27, 2019
Closed on
Nov 15, 2019
Sold by
Dunbar Spurgeon S
Bought by
Janti Rani Llc
Seller's Agent
Jennifer de Jesus
Steel City Realty
Buyer's Agent
Jennifer de Jesus
Steel City Realty
List Price
$87,000
Sold Price
$87,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.13%
Original Mortgage
$69,600
Interest Rate
3.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 20, 1987
Sold by
Dunbar Spurgeon
Bought by
Dunbar Spurgeon S
Purchase Details
Closed on
Oct 6, 1986
Sold by
Ilkiw Anna
Bought by
Dunbar Spurgeon
Similar Homes in Allentown, PA
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 | $164,000 | First United Land Transfer | |
| Special Warranty Deed | $87,000 | Steel Abstract | |
| Quit Claim Deed | -- | -- | |
| Deed | $14,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $131,200 | New Conventional | |
| Previous Owner | $69,600 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/13/2024 05/13/24 | Sold | $164,000 | 0.0% | $93 / Sq Ft |
| 05/13/2024 05/13/24 | Sold | $164,000 | -3.5% | $93 / Sq Ft |
| 04/06/2024 04/06/24 | Pending | -- | -- | -- |
| 04/06/2024 04/06/24 | Pending | -- | -- | -- |
| 03/25/2024 03/25/24 | Price Changed | $170,000 | 0.0% | $97 / Sq Ft |
| 03/25/2024 03/25/24 | For Sale | $170,000 | -5.6% | $97 / Sq Ft |
| 02/25/2024 02/25/24 | For Sale | $180,000 | +106.9% | $102 / Sq Ft |
| 11/15/2019 11/15/19 | Sold | $87,000 | 0.0% | $49 / Sq Ft |
| 10/03/2019 10/03/19 | Pending | -- | -- | -- |
| 09/27/2019 09/27/19 | For Sale | $87,000 | -- | $49 / Sq Ft |
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 | $2,224 | $69,300 | $4,400 | $64,900 |
| 2024 | $2,224 | $69,300 | $4,400 | $64,900 |
| 2023 | $2,224 | $69,300 | $4,400 | $64,900 |
| 2022 | $2,145 | $69,300 | $64,900 | $4,400 |
| 2021 | $2,101 | $69,300 | $4,400 | $64,900 |
| 2020 | $2,046 | $69,300 | $4,400 | $64,900 |
| 2019 | $2,012 | $69,300 | $4,400 | $64,900 |
| 2018 | $1,882 | $69,300 | $4,400 | $64,900 |
| 2017 | $1,834 | $69,300 | $4,400 | $64,900 |
| 2016 | -- | $69,300 | $4,400 | $64,900 |
| 2015 | -- | $69,300 | $4,400 | $64,900 |
| 2014 | -- | $69,300 | $4,400 | $64,900 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Jennifer de Jesus
Steel City Realty
(610) 333-4250
144 in this area
437 Total Sales
-
A
Buyer's Agent in 2024
Alaa Aldeen Alkhawaldeh
Reinvest Real Estate LLC
(484) 619-8394
36 in this area
133 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 733376
APN: 640712307423-1
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