NOT LISTED FOR SALE

302 E Hamilton St Allentown, PA 18109

Rittersville Neighborhood

Estimated Value: $377,000 - $614,000

5 Beds
3 Baths
3,943 Sq Ft
$114/Sq Ft Est. Value

Last Sold July 17, 2023

Last sale price $335,000 $85 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,825/month

16 Days on Market

Highlights

  • Commercial or Retail Space
  • Baseboard Heating
  • 2 Car Garage

About This Home

As of July 2023

Are you looking for a great investment opportunity that's already producing income? 2rd and 3rd Floor Units each have 2-bedrooms, full bath with shower/tub combo, generously sized living rooms, along with washer/dryer hookups in each Unit. Both Units are tenant occupied. The 1st Floor commercial space with warehouse/garage is vacant. This would be well suited for someone that wants to run their own business or lease the commercial space and warehouse/garage for additional income. 1st Fl also has kitchen, full bathroom, 2 other rooms, along with washer/dryer hookup. This well maintained property is zoned B-3 with plenty of business opportunities. Please check with the City of Allentown for all permitted uses. Property is being sold "AS IS" and Buyer is responsible for any City required repairs and inspections. Inspections are welcome but for informational purposes only.

Last Agent to Sell the Property

Amanda Forsthoefel

BHHS Fox & Roach Macungie Listed on: 04/25/2023

BHHS Fox & Roach Macungie

Last Buyer's Agent

Aniysa Thorne

IronValley RE of Lehigh Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,328

Year Built

  • Built in 1905

Lot Details

  • 3,006 Sq Ft Lot
  • Lot Dimensions are 20 x 150

Parking

  • 2 Car Garage

Home Design

  • Commercial or Retail Space
  • Mixed Use
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 3,943 Sq Ft Home
  • 3-Story Property
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 640773504214001

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $170
  • Manager Expense $2,800
  • Water Sewer Expense $1,400
  • Operating Expense $8,500
  • Gross Income $28,800
  • Net Operating Income $20,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,328

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial, Mixed Use
  • Technology: Cable, Smk Detector Battery
  • County Assessment: 194500.00
  • Stories: 3.0
  • Year Built: 1905
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Features: Fire Escape, Wash/Dry Hook-ups
  • Bathrooms: Old, Semi Modern
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 5
  • Square Footage: 3943

Exterior Features

  • Construction: Brick, Frame

Garage/Parking

  • Parking: Garage
  • Parking Spaces: 2

Utilities

  • Cooling: Window AC
  • Heat Type: Baseboard, Electric, Oil
  • Sewer: Public
  • Water: Public
  • Electric: 170
  • Water Sewer: 1400

Condo/Co-op/Association

  • Management: 2800

Fee Information

  • Operating Expense: 8500

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.069
  • Lot Dimensions: 20 X 150
  • Lot Sq Ft: 3006
  • Zoning Code: B-3

Tax Info

  • Assessor Parcel Number: 640773504214001
  • County Taxes: 735.21
  • Municipal Taxes: 1188.61
  • Total Taxes: 6327.92

Multi Family

  • School Taxes: 4404.10
  • Total Units: 3
  • Total Unit Count: 3

MLS Schools

  • School District: Allentown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
Jul 17, 2023
Sold by
Quier David A
Bought by
Wmalke Properties Llc
Seller's Agent
Amanda Forsthoefel
BHHS Fox & Roach Macungie
Buyer's Agent
Aniysa Thorne
IronValley RE of Lehigh Valley
List Price
$329,900
Sold Price
$335,000
Premium/Discount to List
$5,100
1.55%
Current Estimated Value
$451,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,005
Avg. Annual Appreciation
6.61%
Original Mortgage
$268,000
Outstanding Balance
$262,133
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$123,282

Purchase Details

Closed on
Dec 22, 1988
Sold by
Cohen Stephen R
Bought by
Andrews Thomas W and Andrews Jacqueline E

Purchase Details

Closed on
Nov 10, 1978
Bought by
Cohen Stephen R
Source: Public Records

Range of Values:

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Average Value
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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
Wmalke Properties Llc $335,000 Penn Title
Andrews Thomas W $18,000 --
Cohen Stephen R $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wmalke Properties Llc $268,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2023 07/17/23 Sold $335,000 +1.5% $85 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $329,900 -- $84 / 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 $5,318 $166,000 $10,100 $155,900
2024 $6,328 $194,500 $16,900 $177,600
2023 $6,328 $194,500 $16,900 $177,600
2022 $6,106 $194,500 $177,600 $16,900
2021 $5,984 $194,500 $16,900 $177,600
2020 $5,828 $194,500 $16,900 $177,600
2019 $5,734 $194,500 $16,900 $177,600
2018 $5,351 $194,500 $16,900 $177,600
2017 $5,215 $194,500 $16,900 $177,600
2016 -- $194,500 $16,900 $177,600
2015 -- $194,500 $16,900 $177,600
2014 -- $194,500 $16,900 $177,600
Source: Public Records

Agents Affiliated with this Home

  • Amanda Forsthoefel

    Seller's Agent in 2023

    Amanda Forsthoefel

    BHHS Fox & Roach

    (610) 398-9888

    1 in this area

    67 Total Sales

    Amanda Forsthoefel
    Section Image

  • A

    Buyer's Agent in 2023

    Aniysa Thorne

    IronValley RE of Lehigh Valley

See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 715373

Greater Lehigh Valley REALTORS®

APN: 640773504214-1

Pennsylvania Lehigh County Allentown 18109 Rittersville

302 E Hamilton St, Allentown, PA

This home is located at 302 E Hamilton St, Allentown, PA 18109 since 25 April 2023 and is currently estimated at $451,005, approximately $114 per square foot. This property was built in 1905. 302 E Hamilton St is a home located in Lehigh County with nearby schools including Mosser Elementary School, Harrison-Morton Middle School, and Louis E. Dieruff High School.

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.

Greater Lehigh Valley REALTORS® 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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