NOT LISTED FOR SALE

315 E Stone Aly Alburtis, PA 18011

Lower Macungie Township West Neighborhood
-- Bed
-- Bath
-- Sq Ft
1.11 Acres

Last Sold February 22, 2021

Last sale price $1,295,000

25 Days on Market

About This Home

As of February 2021

The Jefferson; is an 8-unit, newly-constructed boutique apartment building located in Alburtis, Pennsylvania. The property lies within the boundaries of one of the top school districts in the Lehigh Valley, East Penn School District.
Completed in 2019, The Jefferson Apartments consists of 8 two-bedroom one-bath luxury apartment units. Each unit features high-end kitchens with quartz countertops, brand-new stainless-steel appliances including microwave and dishwasher, modern baths, full-size washer/dryer and ample closet space. Tenants pay electric, heat, hot and cold water.
The rental market surrounding Alburtis is very strong. The Jefferson apartments are strategically located within a 15-minute drive to Allentown, one of the fastest growing cities in Pennsylvania. Some of the areas top employers including the Lehigh Valley Hospital, Amazon and Air Products are within a short drive.

Last Agent to Sell the Property

Luke DeLuca

Rittenhouse Realty Advisors Listed on: 10/26/2020

Last Buyer's Agent

Luke DeLuca

Rittenhouse Realty Advisors Listed on: 10/26/2020

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $27,778

Year Built

  • Built in 2019

Lot Details

  • 1.11

Home Design

  • Stucco Exterior
  • Vinyl Construction Material

Parking

  • 16 Parking Spaces
  • Paved Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 546366216238-1

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $504
  • Insurance Expense $2,800
  • Maintenance Expense $2,800
  • Manager Expense $6,736
  • Other Expense $800
  • Water Sewer Expense $4,742
  • Operating Expense $47,267
  • Gross Income $135,120
  • Net Operating Income $86,653

Property Details

Home Type

Apartment

Est. Annual Taxes

$27,778

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 1059800.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 2019
  • Special Features: NewHome

Exterior Features

  • Construction: Stucco, Vinyl

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 16

Utilities

  • Cooling: Wall AC
  • Heat Type: Heat Pump
  • Sewer: Public
  • Water: Public
  • Electric: 504
  • Insurance: 2800
  • Water Sewer: 4742

Condo/Co-op/Association

  • Lawn Snow Removal: 800
  • Maintenance Repair: 2800
  • Management: 6736

Fee Information

  • Operating Expense: 47267

Lot Info

  • Zoning Code: R-2

Rental Info

  • Other Expenses: 800

Tax Info

  • Assessor Parcel Number: 546366216238-1
  • County Taxes: 4006.04
  • Municipal Taxes: 4059.03
  • Total Taxes: 27778.41
  • Taxes: 27545

Multi Family

  • School Taxes: 19713.34
  • Total Units: 8
  • Total Unit Count: 8

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/22/2021 02/22/21 Sold $1,295,000 -2.3% --
11/20/2020 11/20/20 Pending -- -- --
10/26/2020 10/26/20 For Sale $1,325,000 +2999.4% --
10/08/2013 10/08/13 Sold $42,750 -52.4% -- View Prior Sale
09/09/2013 09/09/13 Pending -- -- --
08/27/2013 08/27/13 For Sale $89,800 -- --
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Luke DeLuca

    Rittenhouse Realty Advisors

    Section Image

  • T

    Seller's Agent in 2013

    Theodore VanWert

    IronValley RE of Lehigh Valley

    (484) 239-7060

    6 in this area

    28 Total Sales

    Theodore VanWert
    Section Image
See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 652253

Greater Lehigh Valley REALTORS®
Pennsylvania Lehigh County Alburtis 18011 Lower Macungie Township West

315 E Stone Aly, Alburtis, PA

Not Listed for Sale

MultiFamily

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