D
Seller's Agent in 2016
Debra Bagarozzo
IronValley RE of Lehigh Valley
301 Chestnut St Unit 303 Slatington, PA 18080
Estimated Value: $279,000 - $567,446
9
Beds
10.5
Baths
5,368
Sq Ft
$85/Sq Ft
Est. Value
Highlights
- 0.34 Acre Lot
- Ceiling Fan
- 9 Car Garage
- Deep Creek Central Elementary School Rated A-
- Baseboard Heating
About This Home
As of December 2016This Investment Property is a slam dunk for great income. 17 rental spaces on one very well maintained and fully rented property! Great income and 10% PLUS CAP RATE!!! All utilities are paid by tenants except for w/s/g. Both halves of a twin home offer 3 units, the rear building offers 3 units with 7 garage bays w/separate rent able storage, and over sized heated 2 story garage! Lower level of 301 Chestnut is also finished for office/work space. The 3 Iron Alley Apts come with their own garage with storage space. Grounds and building show the results of consistent upkeep. You'll need this one in your portfolio. All garages can easily be rented separately. Owner rents the storage units and the garage bays separately to the tenants.
Last Agent to Sell the Property
Debra Bagarozzo
IronValley RE of Lehigh Valley Listed on: 09/08/2016
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1890
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 100 x 150
Home Design
- Duplex
- Vinyl Construction Material
Interior Spaces
- 5,368 Sq Ft Home
- 2-Story Property
- Ceiling Fan
Bedrooms and Bathrooms
- 9 Bedrooms
Parking
- 9 Car Garage
- Leased Parking
- Off-Site Parking
Utilities
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number 556214841348001
Community Details
Overview
- 8 Units
Building Details
- Insurance Expense $1,460
- Maintenance Expense $1,000
- Trash Expense $1,440
- Water Sewer Expense $1,500
- Operating Expense $13,800
- Gross Income $59,529
- Net Operating Income $46,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 8, 2016
Closed on
Dec 9, 2016
Sold by
Mengoni Thomas S
Bought by
Keja Holdings Llc
Seller's Agent
Debra Bagarozzo
IronValley RE of Lehigh Valley
Buyer's Agent
Manny Stratos
Coldwell Banker Heritage R E
List Price
$389,900
Sold Price
$350,000
Premium/Discount to List
-$39,900
-10.23%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,862
Avg. Annual Appreciation
3.06%
Original Mortgage
$280,000
Outstanding Balance
$224,544
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$234,318
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Keja Holdings Llc | $350,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Keja Holdings Llc | $280,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/09/2016 12/09/16 | Sold | $350,000 | -10.2% | $65 / Sq Ft |
| 12/09/2016 12/09/16 | Pending | -- | -- | -- |
| 09/08/2016 09/08/16 | For Sale | $389,900 | -- | $73 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
Tax History Compared to Growth
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 | $11,205 | $296,800 | $34,400 | $262,400 |
| 2024 | $10,728 | $296,800 | $34,400 | $262,400 |
| 2023 | $10,106 | $296,800 | $34,400 | $262,400 |
| 2022 | $9,956 | $296,800 | $262,400 | $34,400 |
| 2021 | $9,653 | $296,800 | $34,400 | $262,400 |
| 2020 | $9,377 | $296,800 | $34,400 | $262,400 |
| 2019 | $9,171 | $296,800 | $34,400 | $262,400 |
| 2018 | $8,988 | $296,800 | $34,400 | $262,400 |
| 2017 | $8,951 | $296,800 | $34,400 | $262,400 |
| 2016 | -- | $296,800 | $34,400 | $262,400 |
| 2015 | -- | $296,800 | $34,400 | $262,400 |
| 2014 | -- | $296,800 | $34,400 | $262,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
Manny Stratos
M
Buyer's Agent in 2016
Manny Stratos
Coldwell Banker Heritage R E
(908) 319-1788
5 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 529441
APN: 556214841348-1
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