NOT LISTED FOR SALE

243 N Railroad St Allentown, PA 18102

1st Ward Neighborhood

Estimated Value: $158,000 - $185,000

3 Beds
1 Bath
1,504 Sq Ft
$113/Sq Ft Est. Value

Last Sold May 06, 2019

Last sale price $65,000 $43 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $1,056/month

212 Days on Market

About This Home

As of May 2019

Updated and Clean THREE Bedroom/ONE Bath Town Home ready for new investor! Current tenant pays $1095 per month in rent and pays all utilities. CAP Rate of over 12%! Property is being sold "as is" but has a clear CO from the City of Allentown.

Last Agent to Sell the Property

Kristine McCreary-Williams

Full CircleRealty&PropertyMgmt License #RS334286 Listed on: 08/14/2018

Last Buyer's Agent

Jillian Passalugo

Full CircleRealty&PropertyMgmt

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1892

Lot Details

  • 1,652 Sq Ft Lot

Interior Spaces

  • 1,504 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Gas

Community Details

  • Insurance Expense $800
  • Maintenance Expense $1,000
  • Gross Income $13,140
  • Net Operating Income $9,740

Listing and Financial Details

  • Assessor Parcel Number 640743641122 001

Townhouse Details

Home Type

Townhome

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row-End Unit
  • County Assessment: 59300.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1892
  • Special Features: None

Interior Features

  • Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Square Footage: 1504

Exterior Features

  • Construction: Aluminum

Utilities

  • Cooling: No Air
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 800

Condo/Co-op/Association

  • Maintenance Repair: 1000

Lot Info

  • Acres: 0.038
  • Lot Sq Ft: 1652
  • Zoning Code: R-Mh

Tax Info

  • Assessor Parcel Number: 640743641122 001
  • County Taxes: 215.85
  • Municipal Taxes: 278.94
  • Total Taxes: 1664.73

Multi Family

  • School Taxes: 1169.94
  • Total Units: 1
  • Total Unit Count: 1

MLS Schools

  • School District: Allentown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2018
Closed on
May 3, 2019
Sold by
Lehigh Land Developers Llc
Bought by
Hyppolite Jhon
Seller's Agent
Kristine McCreary-Williams
Full CircleRealty&PropertyMgmt
Buyer's Agent
Jillian Passalugo
Full CircleRealty&PropertyMgmt
List Price
$73,900
Sold Price
$65,000
Premium/Discount to List
-$8,900
-12.04%
Current Estimated Value
$169,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,742
Avg. Annual Appreciation
15.76%
Original Mortgage
$55,000
Outstanding Balance
$48,159
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$121,583

Purchase Details

Listed on
Dec 9, 2017
Closed on
Jun 18, 2018
Sold by
Perez Osvaldo H
Bought by
Lehigh Land Developers Llc
Seller's Agent
Jeremy Cummings
Century 21 Ramos Realty
Buyer's Agent
Kristine McCreary-Williams
Full CircleRealty&PropertyMgmt
List Price
$45,000
Sold Price
$45,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.60%

Purchase Details

Closed on
Feb 28, 2007
Sold by
Salloum Suliman
Bought by
Perez Osvaldo H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,720
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 1993
Sold by
Sec Of Housing & Urban Development
Bought by
Salloum Suliman and Salloum Janat S

Purchase Details

Closed on
Jul 26, 1993
Sold by
Fleet Mortgage Corp
Bought by
Sec Of Housing & Urban Development

Purchase Details

Closed on
Apr 23, 1993
Sold by
Cruz Camacho and Herrera Carmen L
Bought by
Fleet Mortgage Corp

Purchase Details

Closed on
Dec 29, 1989
Bought by
Cruz Camacho and Herrera Carmen L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hyppolite Jhon $65,000 None Available
Lehigh Land Developers Llc $45,000 None Available
Perez Osvaldo H $45,000 --
Salloum Suliman $24,000 --
Sec Of Housing & Urban Development -- --
Fleet Mortgage Corp -- --
Cruz Camacho $42,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hyppolite Jhon $55,000
Previous Owner Perez Osvaldo H $42,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2019 05/06/19 Sold $65,000 -10.8% $43 / Sq Ft
03/14/2019 03/14/19 Pending -- -- --
02/04/2019 02/04/19 Price Changed $72,900 +21.7% $48 / Sq Ft
11/01/2018 11/01/18 Price Changed $59,900 -18.9% $40 / Sq Ft
08/14/2018 08/14/18 For Sale $73,900 +64.2% $49 / Sq Ft
06/21/2018 06/21/18 Sold $45,000 0.0% $30 / Sq Ft View Prior Sale
05/22/2018 05/22/18 Pending -- -- --
12/09/2017 12/09/17 For Sale $45,000 -- $30 / 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 $1,919 $59,300 $4,600 $54,700
2024 $1,919 $59,300 $4,600 $54,700
2023 $1,919 $59,300 $4,600 $54,700
2022 $1,851 $59,300 $54,700 $4,600
2021 $1,814 $59,300 $4,600 $54,700
2020 $1,766 $59,300 $4,600 $54,700
2019 $1,738 $59,300 $4,600 $54,700
2018 $1,623 $59,300 $4,600 $54,700
2017 $1,582 $59,300 $4,600 $54,700
2016 -- $59,300 $4,600 $54,700
2015 -- $59,300 $4,600 $54,700
2014 -- $59,300 $4,600 $54,700
Source: Public Records

Agents Affiliated with this Home

  • Kristine McCreary-Williams

    Seller's Agent in 2019

    Kristine McCreary-Williams

    Full CircleRealty&PropertyMgmt

    (610) 762-8995

    5 in this area

    155 Total Sales

    Kristine McCreary-Williams
    Section Image

  • J

    Buyer's Agent in 2019

    Jillian Passalugo

    Full CircleRealty&PropertyMgmt

  • J

    Seller's Agent in 2018

    Jeremy Cummings

    Century 21 Ramos Realty

    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 588115

Greater Lehigh Valley REALTORS®

APN: 640743641122-1

Pennsylvania Lehigh County Allentown 18102 1st Ward

243 N Railroad St, Allentown, PA

Not Listed for Sale

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