NOT LISTED FOR SALE

284 Delaware Ave Palmerton, PA 18071

Estimated Value: $339,844

6 Beds
2.5 Baths
3,840 Sq Ft
$89/Sq Ft Est. Value

Last Sold January 30, 2020

Last sale price $232,500 $61 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,268/month

13 Days on Market

Highlights

  • Fireplace
  • Baseboard Heating
  • 2-minute walk to Palmerton Park
  • Commercial or Retail Space
  • Storm Doors

About This Home

As of January 2020

Looking for a money maker?? Turn key detached 3 unit corner property in great Palmerton location. This property has been remodeled from top to bottom inside and out. 2 three bedroom units with all new flooring and new kitchens with granite countertops. On the first floor you will find a remodeled commercial space that's ready for the new owner to rent or start their own business. Other updates include a new roof, new hot water heaters and all split utilities so the owner can just make money! Come check this one out!

Last Agent to Sell the Property

Rani Issa

Realty 365 Listed on: 12/04/2019

Last Buyer's Agent

Gladys Wiles

Dream Homes PA Realty Co

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,672

Year Built

  • Built in 1917

Lot Details

  • 1,307 Sq Ft Lot
  • Property is zoned r-md

Home Design

  • Commercial or Retail Space
  • Brick Exterior Construction
  • Stucco Exterior

Interior Spaces

  • 3,840 Sq Ft Home
  • 3-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms

Home Security

  • Storm Doors
  • Fire Escape

Parking

  • 5 Parking Spaces
  • Off-Site Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 42A-48-K19

Community Details

Overview

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,672

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Commercial, Detached
  • County Assessment: 46600.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1917
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Features: Fire Escape, Fireplace, Storm Doors
  • Bathrooms: Modern
  • Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 6
  • Square Footage: 3840

Exterior Features

  • Construction: Brick, Stucco

Garage/Parking

  • Parking: Off Site
  • Parking Spaces: 5

Utilities

  • Cooling: Wall AC
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 2200
  • Water Sewer: 1500

Condo/Co-op/Association

  • Maintenance Repair: 1000

Fee Information

  • Operating Expense: 8372

Schools

  • School District: Palmerton

Lot Info

  • Acres: 0.030
  • Lot Sq Ft: 1307
  • Zoning Code: r-md

Tax Info

  • Assessor Parcel Number: 42A-48-K19
  • County Taxes: 477.65
  • Municipal Taxes: 548.48
  • Total Taxes: 3672.05

Multi Family

  • School Taxes: 2645.92
  • Total Units: 3
  • Total Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2019
Closed on
Jan 30, 2020
Sold by
R I Investments Group Llc
Bought by
Wenz Properties Llc
Seller's Agent
Rani Issa
Realty 365
Buyer's Agent
Gladys Wiles
Dream Homes PA Realty Co
List Price
$249,900
Sold Price
$232,500
Premium/Discount to List
-$17,400
-6.96%
Current Estimated Value
$339,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,344
Avg. Annual Appreciation
7.17%
Original Mortgage
$186,000
Outstanding Balance
$149,718
Interest Rate
3.74%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$190,126

Purchase Details

Listed on
May 20, 2019
Closed on
Jun 21, 2019
Sold by
Bayview Loan Servicing Llc
Bought by
R I Investments Group Llc
Seller's Agent
Lisa Lapos
Priority One Real Estate Team, LLC
Buyer's Agent
Dale Kessler
REOcomplete R.E., Inc.
List Price
$119,000
Sold Price
$105,000
Premium/Discount to List
-$14,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
276.17%

Purchase Details

Listed on
May 20, 2019
Closed on
May 16, 2019
Sold by
Labbadia Josette
Bought by
Bayview Loan Servicing Llc
Seller's Agent
Lisa Lapos
Priority One Real Estate Team, LLC
Buyer's Agent
Dale Kessler
REOcomplete R.E., Inc.
List Price
$119,000
Sold Price
$105,000
Premium/Discount to List
-$14,000
-11.76%

Purchase Details

Closed on
May 12, 2005
Sold by
Frank Patrick M and Frank Dominique
Bought by
Labbadia Rocco and Labbadia Josette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
6.05%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Wenz Properties Llc $232,500 None Available
R I Investments Group Llc $105,000 None Available
Bayview Loan Servicing Llc $945 None Available
Labbadia Rocco $130,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wenz Properties Llc $186,000
Previous Owner Labbadia Rocco $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2020 01/30/20 Sold $232,500 -7.0% $61 / Sq Ft
12/17/2019 12/17/19 Pending -- -- --
12/04/2019 12/04/19 For Sale $249,900 +138.0% $65 / Sq Ft
06/26/2019 06/26/19 Sold $105,000 -11.8% $27 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $119,000 -- $31 / 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 $4,631 $46,600 $13,300 $33,300
2024 $4,273 $46,600 $13,300 $33,300
2023 $4,144 $46,600 $13,300 $33,300
2022 $4,015 $46,600 $13,300 $33,300
2021 $3,858 $46,600 $13,300 $33,300
2020 $3,765 $46,600 $13,300 $33,300
2019 $3,672 $46,600 $13,300 $33,300
2018 $3,672 $46,600 $13,300 $33,300
2017 $3,614 $46,600 $13,300 $33,300
2016 -- $46,600 $13,300 $33,300
2015 -- $46,600 $13,300 $33,300
2014 -- $46,600 $13,300 $33,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 629856

Greater Lehigh Valley REALTORS®

APN: 42A-48-K19