NOT LISTED FOR SALE

274 S 1st St Unit 276 Lehighton, PA 18235

Estimated Value: $276,000 - $318,000

2 Beds
1 Bath
2,944 Sq Ft
$103/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $112,500 $38 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $1,918/month

234 Days on Market

About This Home

As of October 2016

Nice 4 unit with modern kitchens and baths. Two units have well below market rents with great income potential to new owner.
Front porch recently replaced. Off Street parking. Tenants pay heat, electric and water and sewer.

Last Agent to Sell the Property

Randy Beitler

HowardHanna TheFrederickGroup Listed on: 01/25/2016

HowardHanna TheFrederickGroup

Co-Listed By

Robert Bury

HowardHanna TheFrederickGroup

Last Buyer's Agent

Randy Beitler

HowardHanna TheFrederickGroup Listed on: 01/25/2016

HowardHanna TheFrederickGroup

Property Details

Home Type

  • Apartment

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 42x190

Home Design

  • Converted Dwelling
  • Frame Construction

Interior Spaces

  • 2,944 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 4 Parking Spaces
  • Unpaved Parking

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 70A9-28-J16

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,206
  • Operating Expense $4,241
  • Gross Income $24,240
  • Net Operating Income $19,999

Property Details

Home Type

Apartment

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Converted
  • County Assessment: 46235.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Square Footage: 2944

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking: Unpaved Lot
  • Parking Spaces: 4

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 1206

Fee Information

  • Operating Expense: 4241

Schools

  • School District: Lehighton

Lot Info

  • Acres: 0.180
  • Lot Dimensions: 42x190
  • Lot Sq Ft: 7841
  • Zoning Code: commercial

Tax Info

  • Assessor Parcel Number: 70A9-28-J16
  • County Taxes: 473.91
  • Municipal Taxes: 346.76
  • Total Taxes: 3034.40

Multi Family

  • School Taxes: 2213.73
  • Total Units: 4
  • Total Unit Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2021
Sold by
Beltzville Enterprises Llc
Bought by
Pkc Investment Group Llc
Current Estimated Value
$304,000

Purchase Details

Listed on
Jan 25, 2016
Closed on
Oct 14, 2016
Sold by
Estate Of Peter J Turko and Pielmeier Karl R
Bought by
Beltzville Enterprises Llc
Seller's Agent
Randy Beitler
HowardHanna TheFrederickGroup
Buyer's Agent
Randy Beitler
HowardHanna TheFrederickGroup
List Price
$169,000
Sold Price
$112,500
Premium/Discount to List
-$56,500
-33.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.71%
Original Mortgage
$90,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 1991
Bought by
Turko Peter J
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
Pkc Investment Group Llc $190,000 Devon Abstract
Beltzville Enterprises Llc $112,500 None Available
Turko Peter J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beltzville Enterprises Llc $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2016 10/14/16 Sold $112,500 -33.4% $38 / Sq Ft
09/15/2016 09/15/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $169,000 -- $57 / 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 $3,688 $46,235 $6,400 $39,835
2024 $3,503 $46,235 $6,400 $39,835
2023 $3,468 $46,235 $6,400 $39,835
2022 $3,468 $46,235 $6,400 $39,835
2021 $3,347 $46,235 $6,400 $39,835
2020 $3,266 $46,235 $6,400 $39,835
2019 $3,127 $46,235 $6,400 $39,835
2018 $3,058 $46,235 $6,400 $39,835
2017 $3,034 $46,235 $6,400 $39,835
2016 -- $46,235 $6,400 $39,835
2015 -- $46,235 $6,400 $39,835
2014 -- $46,235 $6,400 $39,835
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 509982

Greater Lehigh Valley REALTORS®

APN: 70A9-28-J16