301 N Halstead St Unit 303 Allentown, PA 18109
Rittersville Neighborhood
4
Beds
2
Baths
2,020
Sq Ft
3,711
Sq Ft Lot
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.
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
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%
Total Days on Market
6
Views
28
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
-$526
Avg. Annual Appreciation
-0.15%
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
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $370,000 | Iron Valley Abstract | |
| Deed | $130,000 | None Available | |
| Interfamily Deed Transfer | $110,000 | None Available | |
| Deed | $81,000 | -- | |
| Deed | $14,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $168,000 | New Conventional | |
| Previous Owner | $130,230 | Construction | |
| Previous Owner | $33,500 | Construction |
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
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
-
Afif Salloum
Seller's Agent in 2024
Afif Salloum
Realty One Group Supreme
(484) 378-2153
6 in this area
163 Total Sales
-
Stephanie Salanik
Seller Co-Listing Agent in 2024
Stephanie Salanik
Realty One Group Supreme
(610) 360-3420
4 in this area
126 Total Sales
-
Jaspreet Kaur
J
Buyer's Agent in 2024
Jaspreet Kaur
IronValley RE of Lehigh Valley
(610) 867-8888
1 in this area
30 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 738405
APN: 640795113877-1
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Information is deemed reliable but not guaranteed.
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