NOT LISTED FOR SALE

2401 Forest St Easton, PA 18042

Estimated Value: $289,000 - $376,000

4 Beds
2 Baths
1,976 Sq Ft
$170/Sq Ft Est. Value

Last Sold April 19, 2013

Last sale price $112,000 $57 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $1,862/month

13 Days on Market

Highlights

  • Forced Air Heating System
  • Wilson Area High School Rated A-
  • 1-minute walk to Liberty Park

About This Home

As of April 2013

Run the Numbers!! This Investment property makes sense. Large 2 unit single! Live in one! Rent the other! Extra large fenced in yard with 4 car parking in rear. Any smart investor would love to have this property in their portfolio. Grab in Now! Owners have kept this well maintained and want to retire!

Last Agent to Sell the Property

Tom Woodring

RE/MAX Real Estate Listed on: 03/20/2013

RE/MAX Real Estate

Last Buyer's Agent

Jason Kocsis

Coldwell Banker Heritage R E

Coldwell Banker Heritage R E

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 5,401

Home Design

  • Duplex
  • Shingle Siding
  • Vinyl Construction Material

Interior Spaces

  • 1,976 Sq Ft Home
  • 2-Story Property

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Parking

  • 4 Parking Spaces
  • Paved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number L9SW4E-1-12-0831

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $700
  • Trash Expense $560
  • Water Sewer Expense $1,440
  • Operating Expense $8,355
  • Gross Income $21,600
  • Net Operating Income $13,245

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Both Halves
  • Technology: Cable, Smk Detector Battery
  • County Assessment: 43000.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Features: Fire Escape
  • Bathrooms: Modern, Semi Modern
  • Square Footage: 1976

Exterior Features

  • Construction: Shingle, Vinyl

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 4

Utilities

  • Cooling: No Air
  • Heat Type: Forced Air, Oil
  • Sewer: Public
  • Water: Public
  • Heat: 2400
  • Insurance: 700
  • Trash Removal: 560
  • Water Sewer: 1440

Fee Information

  • Operating Expense: 8355

Schools

  • School District: Wilson

Lot Info

  • Zoning Code: residential

Tax Info

  • Assessor Parcel Number: L9SW4E-1-12-0831
  • County Taxes: 464.40
  • Municipal Taxes: 1010.50
  • Total Taxes: 4036.37

Multi Family

  • School Taxes: 2561.47
  • Total Units: 2
  • Total Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2021
Sold by
Ruby Real Estate Development Llc
Bought by
Leicht Joseph R
Current Estimated Value
$335,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,924
Outstanding Balance
$200,330
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$135,026

Purchase Details

Listed on
Mar 20, 2013
Closed on
Apr 19, 2013
Sold by
Walas Jeffrey J and Walas Roxann
Bought by
Ruby Real Estate Development Llc
Seller's Agent
Tom Woodring
RE/MAX Real Estate
Buyer's Agent
Jason Kocsis
Coldwell Banker Heritage R E
List Price
$119,900
Sold Price
$112,000
Premium/Discount to List
-$7,900
-6.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.28%
Original Mortgage
$140,000
Interest Rate
3.64%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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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
Leicht Joseph R $225,000 Associated Abstract Svcs Llc
Ruby Real Estate Development Llc $112,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leicht Joseph R $55,000
Open Leicht Joseph R $220,924
Previous Owner Ruby Real Estate Development Llc $140,000
Previous Owner Walas Jeffrey J $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2013 04/19/13 Sold $112,000 -6.6% $57 / Sq Ft
04/02/2013 04/02/13 Pending -- -- --
03/20/2013 03/20/13 For Sale $119,900 0.0% $61 / Sq Ft
03/01/2012 03/01/12 Rented $775 -2.5% --
02/27/2012 02/27/12 Under Contract -- -- --
01/31/2012 01/31/12 For Rent $795 -- --
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 $464 $43,000 $17,900 $25,100
2024 $4,135 $43,000 $17,900 $25,100
2023 $4,036 $43,000 $17,900 $25,100
2022 $4,024 $43,000 $17,900 $25,100
2021 $3,955 $43,000 $17,900 $25,100
2020 $3,912 $43,000 $17,900 $25,100
2019 $3,841 $43,000 $17,900 $25,100
2018 $3,660 $43,000 $17,900 $25,100
2017 $3,585 $43,000 $17,900 $25,100
2016 -- $43,000 $17,900 $25,100
2015 -- $43,000 $17,900 $25,100
2014 -- $43,000 $17,900 $25,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 447018

Greater Lehigh Valley REALTORS®

APN: L9SW4C 1 12 0837