NOT LISTED FOR SALE

Estimated Value: $2,165,634

14 Beds
11 Baths
12,538 Sq Ft
$173/Sq Ft Est. Value

Last Sold December 17, 2019

Last sale price $1,350,000 $108 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $11,604/month

135 Days on Market

About This Home

As of December 2019

VALUE ADD OPPORTUNITY! 12 UNIT MIXED USE PROPERTY LOCATED IN DOWNTOWN HISTORIC EASTON ~ 11 RESIDENTIAL UNITS, 1 COMMERCIAL UNIT ~ 122K+ CURRENT GROSS INCOME ~ WELL BELOW MARKET RENTS ~ RENTS ARE 25%+ BELOW CURRENT MARKET RATES AND COULD BE INCREASED WITH MINIMAL CASH OUTLAY ~ PROPERTY INCLUDES A 3 UNIT CARRIAGE HOUSE WITH AN IN GROUND POOL IN DOWNTOWN HISTORIC EASTON! Contact listing agent for detailed financial information. See attached video for interior and exterior footage. No showings until the week of May 20th.

Last Agent to Sell the Property

Charalambos Papageorgiou

Emerald Realty Group Listed on: 05/11/2019

Last Buyer's Agent

Charalambos Papageorgiou

Emerald Realty Group Listed on: 05/11/2019

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $14,057

Year Built

  • Built in 1900

Lot Details

  • 8,756

Home Design

  • 12,538 Sq Ft Home
  • Mixed Use
  • Brick Exterior Construction
  • Stone

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 11 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • 12 Units
  • Gross Income $122,220

Listing and Financial Details

  • Assessor Parcel Number L9SE2A 6 1 0310

Property Details

Home Type

Apartment

Est. Annual Taxes

$14,057

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Complex, Mixed Use
  • County Assessment: 135500.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Bathrooms: 11
  • Full Bathrooms: 11
  • Bedrooms: 14
  • Square Footage: 12538

Exterior Features

  • Construction: Brick, Stone

Utilities

  • Cooling: Central AC
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public

Schools

  • School District: Easton

Lot Info

  • Zoning Code: B-Rt-Business/Regional Trade

Tax Info

  • Assessor Parcel Number: L9SE2A 6 1 0310
  • County Taxes: 1463.40
  • Municipal Taxes: 3380.73
  • Total Taxes: 14056.78

Multi Family

  • School Taxes: 9212.65
  • Total Units: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2019
Closed on
Dec 17, 2019
Sold by
Durnin John
Bought by
Charlotteville Properties Llc
Seller's Agent
Charalambos Papageorgiou
Emerald Realty Group
Buyer's Agent
Charalambos Papageorgiou
Emerald Realty Group
List Price
$1,750,000
Sold Price
$1,350,000
Premium/Discount to List
-$400,000
-22.86%
Current Estimated Value
$2,165,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$815,634
Original Mortgage
$1,350,000
Outstanding Balance
$1,192,545
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2002
Sold by
Whitcomb Ltd
Bought by
Durnin John

Purchase Details

Closed on
Jul 1, 1986
Bought by
Whitcomb Ltd
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
Charlotteville Properties Llc $1,350,000 None Available
Durnin John $250,000 --
Whitcomb Ltd $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Charlotteville Properties Llc $1,350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2019 12/17/19 Sold $1,350,000 -22.9% $108 / Sq Ft
09/23/2019 09/23/19 Pending -- -- --
05/11/2019 05/11/19 For Sale $1,750,000 -- $140 / 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 $1,463 $135,500 $55,000 $80,500
2024 $14,057 $135,500 $55,000 $80,500
2023 $14,057 $135,500 $55,000 $80,500
2022 $13,879 $135,500 $55,000 $80,500
2021 $13,841 $135,500 $55,000 $80,500
2020 $13,835 $135,500 $55,000 $80,500
2019 $13,671 $135,500 $55,000 $80,500
2018 $13,477 $135,500 $55,000 $80,500
2017 $13,211 $135,500 $55,000 $80,500
2016 -- $135,500 $55,000 $80,500
2015 -- $135,500 $55,000 $80,500
2014 -- $135,500 $55,000 $80,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 611034

Greater Lehigh Valley REALTORS®

APN: L9SE2A-6-1-0310