NOT LISTED FOR SALE

Estimated Value: $822,485

8 Beds
6 Baths
5,382 Sq Ft
$153/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $489,000 $91 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,165/month

76 Days on Market

About This Home

As of April 2021

Three-story, All brick 6 unit in Allentown. This 6 unit property has been completely updated. Tile and vinyl floors, granite counters, redone kitchens, and baths. The building consists of 4 residential 2 bedroom apartments and 2 commercial units. The first level/ street has two separate commercial units. The second floor has two large 2 bedroom apartments and the third floor has two more 2 bedroom apartments. The building is fully occupied. . All separate utilities.

Last Listed By

Anthony Ramos

Century 21 Ramos Realty Listed on: 09/26/2020

Century 21 Ramos Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,926

Year Built

  • Built in 1930

Lot Details

  • 1,786 Sq Ft Lot

Home Design

  • Semi-Detached or Twin Home
  • Brick Exterior Construction

Interior Spaces

  • 5,382 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms

Utilities

  • No Cooling
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 549791457873001

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $225
  • Insurance Expense $1,000
  • Maintenance Expense $3,000
  • Manager Expense $3,650
  • Water Sewer Expense $1,000
  • Operating Expense $9,375
  • Gross Income $52,200
  • Net Operating Income $42,825

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,926

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Semi Detached/Twin
  • Technology: Cable
  • County Assessment: 230100.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Bathrooms: Semi Modern
  • Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Bedrooms: 8
  • Square Footage: 5382

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: No Air
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Electric: 225
  • Insurance: 1000
  • Water Sewer: 1000

Condo/Co-op/Association

  • Lawn Snow Removal: 500
  • Maintenance Repair: 3000
  • Management: 3650

Fee Information

  • Operating Expense: 9375

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.041
  • Lot Sq Ft: 1786
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 549791457873001
  • County Taxes: 869.78
  • Municipal Taxes: 1179.17
  • Total Taxes: 6926.08

Multi Family

  • School Taxes: 4877.13
  • Total Units: 6
  • Total Unit Count: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2020
Closed on
Apr 14, 2021
Sold by
Nguyen Danny and Pham Kim
Bought by
Mgr Real Estate Llc
Seller's Agent
Anthony Ramos
Century 21 Ramos Realty
Buyer's Agent
Preety Minhas
Keller Williams Northampton
List Price
$520,000
Sold Price
$489,000
Premium/Discount to List
-$31,000
-5.96%
Total Days on Market
76
Current Estimated Value
$822,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,485
Avg. Annual Appreciation
13.59%
Original Mortgage
$375,000
Outstanding Balance
$342,225
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$480,260

Purchase Details

Closed on
Jun 10, 2014
Sold by
Nguyen Thanh and Nguyen Danny
Bought by
Nguyen Danny and Pham Kim

Purchase Details

Closed on
Jun 30, 2006
Sold by
Largo Manuel and Quisphy Ana
Bought by
Nguyen Thanh and Nguyen Danny

Purchase Details

Closed on
Dec 5, 2005
Sold by
Lehigh Landholdings Inc
Bought by
Largo Manuel and Quisphy Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.14%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 4, 2002
Sold by
Wargo Donald T
Bought by
Lehigh Land Holdings Inc

Purchase Details

Closed on
May 29, 1991
Bought by
Wargo Donald T

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
Mgr Real Estate Llc $489,000 Keystone Premier Setmnt Svcs
Nguyen Danny -- None Available
Nguyen Thanh $207,000 None Available
Largo Manuel $185,000 None Available
Lehigh Land Holdings Inc $30,815 --
Wargo Donald T $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mgr Real Estate Llc $375,000
Previous Owner Largo Manuel $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2021 04/15/21 Sold $489,000 -6.0% $91 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
09/26/2020 09/26/20 For Sale $520,000 -- $97 / 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 $7,259 $230,100 $8,100 $222,000
2024 $7,259 $230,100 $8,100 $222,000
2023 $7,259 $230,100 $8,100 $222,000
2022 $6,997 $230,100 $222,000 $8,100
2021 $6,853 $230,100 $8,100 $222,000
2020 $6,668 $230,100 $8,100 $222,000
2019 $6,556 $230,100 $8,100 $222,000
2018 $6,150 $230,100 $8,100 $222,000
2017 $5,990 $230,100 $8,100 $222,000
2016 -- $230,100 $8,100 $222,000
2015 -- $230,100 $8,100 $222,000
2014 -- $230,100 $8,100 $222,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 649354

Greater Lehigh Valley REALTORS®

APN: 549791457873-1