Patricia Spitzer
Weichert Realtors - Allentown
(484) 742-3390
182 Total Sales
1 in Slatington
$334,900 Price
301 Chestnut St Unit 303 Slatington, PA 18080
Slatington AreaEstimated Value: $477,000 - $772,193
9
Beds
10.5
Baths
5,368
Sq Ft
$108/Sq Ft
Est. Value
Highlights
- 0.34 Acre Lot
- Baseboard Heating
- 9 Car Garage
- Ceiling Fan
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
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1890
Lot Details
- 14,985 Sq Ft 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 8, 2016
Closed on
Dec 9, 2016
Sold by
Bought by
Seller's Agent
Debra Bagarozzo
IronValley RE of Lehigh Valley
Buyer's Agent
Manny Stratos
BHGRE Valley Partners-Bethlehm
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
$229,048
Avg. Annual Appreciation
5.33%
Original Mortgage
$280,000
Interest Rate
3.47%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Slatington, PA
-
Patricia Spitzer
-
Loren Keim
Loren Keim
Century 21 Keim Realtors
(610) 831-4500
436 Total Sales
2 in Slatington
$60K - $105K Price Range
-
Nancy Bischoff
Nancy Bischoff
Better Homes and Gardens Real Estate Valley Partners
(848) 281-0796
88 Total Sales
1 in Slatington
$354,000 Price
-
Tim Tepes
Tim Tepes
BetterHomes&GardensRE/Cassidon
(484) 666-3252
223 Total Sales
6 in Slatington
$115K - $250K Price Range
-
Nick Smith
Nick Smith
Coldwell Banker Hearthside-Allentown
(484) 246-7713
408 Total Sales
3 in Slatington
$210K - $336K Price Range
-
Howard Schaeffer
Howard Schaeffer
RE/MAX Real Estate-Allentown
(484) 742-3993
267 Total Sales
2 in Slatington
$205,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $350,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $464,000 | ||
| Closed | $280,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $11,685 | $296,800 | $34,400 | $262,400 |
| 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
-
D
Seller's Agent in 2016
Debra Bagarozzo
IronValley RE of Lehigh Valley
-
Manny Stratos
M
Buyer's Agent in 2016
Manny Stratos
BHGRE Valley Partners-Bethlehm
(908) 319-1788
5 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 529441
APN: 556214841348-1
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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