NOT LISTED FOR SALE

301 N Halstead St Unit 303 Allentown, PA 18109

Rittersville Neighborhood

Estimated Value: $348,000 - $411,000

4 Beds
2 Baths
2,020 Sq Ft
$193/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $370,000 $183 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,387/month

6 Days on Market

About This Home

As of June 2024

*** HIGHEST AND BEST OFFERS DUE TUES 5/28 at 12pm *** 2 UNITS! CASH FLOWING KING. Check out this rare opportunity on a corner lot in East Allentown. This property is a raised ranch/split level detached building set up as (2) 2 bedroom, 1 bath units with one on each level. The units are identical in layout. Each unit features a private entrance, outdoor covered patio space, separate off street parking, small yard to share, updated kitchens and recently painted and refreshed for the new owner. The generous open concept style layout is perfect to entertain. The main bedroom in each unit is large enough for a king sized bed too. The home features separate electric service (electric baseboard heat/electric hot water heat) and one water/sewer service. Each unit has a washer dryer hookup on the laundry/storage room. Awesome potential to live in one while the other pays for most of your mortgage. Last rentals were $1,700 for the 1st floor and $1,750 for the second floor. Pro Forma rent roll would put this at $3,700 per month gross income if both are rented. Opportunity is knocking with a projected cap rate of 10.7%!! This will not last long. Possible FHA, VA, Cash or Conventional buyers considered.

Last Agent to Sell the Property

Afif Salloum

Realty One Group Supreme Listed on: 05/22/2024

Realty One Group Supreme

Co-Listed By

Stephanie Salanik

Realty One Group Supreme License #AB068418

Last Buyer's Agent

Jaspreet Kaur

IronValley RE of Lehigh Valley

IronValley RE of Lehigh Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,990

Year Built

  • Built in 1987

Lot Details

  • 3,711 Sq Ft Lot
  • Lot Dimensions are 41x120
  • Property is zoned R-M-MEDIUM DENSITY RESIDENTIAL

Parking

  • 4 Parking Spaces

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,020 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 640795113877001

Community Details

Overview

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,990

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Detached
  • County Assessment: 121500.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1987
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Square Footage: 2020

Exterior Features

  • Construction: Vinyl

Garage/Parking

  • Parking Spaces: 4

Utilities

  • Cooling: Wall AC
  • Heat Type: Baseboard
  • Sewer: Public
  • Water: Public
  • Insurance: 1200
  • Trash Removal: 750
  • Water Sewer: 750

Fee Information

  • Operating Expense: 6700

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.085
  • Lot Dimensions: 41x120
  • Lot Sq Ft: 3711
  • Zoning Code: R-M-MEDIUM DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 640795113877001
  • County Taxes: 460.00
  • Municipal Taxes: 780.00
  • Total Taxes: 3990.00

Multi Family

  • School Taxes: 2751.00
  • Total Units: 2
  • Total Unit Count: 2

MLS Schools

  • School District: Allentown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Jun 17, 2024
Sold by
Monocacy General Contracting L
Bought by
Sekhon Gurjit S and Kaur Navjot
Seller's Agent
Afif Salloum
Realty One Group Supreme
Buyer's Agent
Jaspreet Kaur
IronValley RE of Lehigh Valley
List Price
$350,000
Sold Price
$370,000
Premium/Discount to List
$20,000
5.71%
Views
28
Current Estimated Value
$389,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,014
Avg. Annual Appreciation
3.73%

Purchase Details

Closed on
May 28, 2021
Sold by
Lahanas James and Lahanas Kay
Bought by
Monocacy General Contracting Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,230
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 5, 2007
Sold by
Lahanas Nickolas and Lahanas Meritsa
Bought by
Lahanas James and Lahanas Kay

Purchase Details

Closed on
Aug 24, 1987
Sold by
Troxell Jr John W
Bought by
Lahanas Nickolas and Lahanas Maritsa

Purchase Details

Closed on
Dec 8, 1986
Sold by
Joseph Labiby
Bought by
Troxell John W
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
Sekhon Gurjit S $370,000 Iron Valley Abstract
Monocacy General Contracting Llc $130,000 None Available
Lahanas James $110,000 None Available
Lahanas Nickolas $81,000 --
Troxell John W $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Monocacy General Contracting Llc $130,230
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $370,000 +5.7% $183 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $350,000 -- $173 / 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 $3,990 $121,500 $12,500 $109,000
2024 $3,990 $121,500 $12,500 $109,000
2023 $3,990 $121,500 $12,500 $109,000
2022 $3,852 $121,500 $109,000 $12,500
2021 $3,775 $121,500 $12,500 $109,000
2020 $3,678 $121,500 $12,500 $109,000
2019 $3,619 $121,500 $12,500 $109,000
2018 $3,372 $121,500 $12,500 $109,000
2017 $3,287 $121,500 $12,500 $109,000
2016 -- $121,500 $12,500 $109,000
2015 -- $121,500 $12,500 $109,000
2014 -- $121,500 $12,500 $109,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 738405

Greater Lehigh Valley REALTORS®

APN: 640795113877-1