NOT LISTED FOR SALE
6 Beds
2 Baths
2,132 Sq Ft
2,892 Sq Ft Lot

Sale Details

Date Sold: May 19, 2023

Last sale price $328,000 $154 Per Sq Ft

52 Days on Market

Highlights

  • Patio
  • Baseboard Heating
  • Wall to Wall Carpet

About This Home

As of May 2023

$40800 gross income $32000 net Hud has approved the 1st floor tenant to go to $1500 in April making the gross to over a 9% cap rate. Garage now rented at $300 monthly. Look at the size of the garage! Great property for an end user to use garage and get the residential income. Both apartments in pristine condition. 1stfloor 2 bedroom living room/dining, kitchen bath. rented at 1100 just approved to go to $1500. Apartment 1 has access to the yard with large, covered porch. Apartment 2 upstairs on 2nd and 3rd floor is 3/4 BDR's with all new flooring and paint rented at $1600. Tenants pay electric and heat. Oversized garage/warehouse in great condition. Use the garage for your business. Owner will order the City CO inspection. Truly great property near the new waterfront project and close to the center of Allentown. The apartments are both in great condition. Look at the pictures!. Also 2 great clean tenants! Always neat when I go there.

Last Agent to Sell the Property

Joshua Schoenberger

Steel City Realty License #RS341739 Listed on: 02/17/2023

Last Buyer's Agent

Yamil Cancel Feliciano

United RealEstate Strive212 LV

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,457

Year Built

  • Built in 1885

Lot Details

  • 2,892

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,132 Sq Ft Home
  • 2.5-Story Property
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Site Parking

Utilities

  • No Cooling
  • Baseboard Heating

Additional Features

  • Patio
  • 2,892 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 640741098844001

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $550
  • Insurance Expense $1,800
  • Maintenance Expense $1,500
  • Manager Expense $1,500
  • Water Sewer Expense $800
  • Operating Expense $8,057
  • Gross Income $40,800
  • Net Operating Income $32,193

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,457

Year Built

Built in 1885

Lot Details

2,892 Sq Ft Lot

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Both Halves
  • County Assessment: 70300.00
  • Stories: 2.5
  • V O W Automated Valuation Dis: Yes
  • Year Built: 1885
  • Special Features: None

Interior Features

  • Features: Patio, Wall-to-Wall Carpet
  • Bathrooms: Semi Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 6
  • Square Footage: 2132

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Off Site
  • Parking Spaces: 2

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard
  • Sewer: Public
  • Water: Public
  • Electric: 550
  • Insurance: 1800
  • Water Sewer: 800

Condo/Co-op/Association

  • Maintenance Repair: 1500
  • Management: 1500

Fee Information

  • Operating Expense: 8057

Lot Info

  • Acres: 0.066
  • Lot Sq Ft: 2892
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 640741098844001
  • County Taxes: 283.00
  • Municipal Taxes: 560.00
  • Total Taxes: 2457.00

Multi Family

  • School Taxes: 1622.00
  • Total Units: 3
  • Total Unit Count: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
May 19, 2023
Sold by
Bought by
Seller's Agent
Joshua Schoenberger
Steel City Realty
Buyer's Agent
Yamil Cancel Feliciano
United RealEstate Strive212 LV
List Price
$340,000
Sold Price
$328,000
Premium/Discount to List
-$12,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,400
Outstanding Balance
$252,323
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2018
Closed on
Nov 2, 2018
Sold by
Bought by
Seller's Agent
Daniel Witt
EXP Realty LLC
Buyer's Agent
Patty Scheirer
Weichert Realtors
List Price
$187,900
Sold Price
$145,000
Premium/Discount to List
-$42,900
-22.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.65%
Original Mortgage
$96,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2005
Sold by
Bought by

Purchase Details

Closed on
Aug 10, 1989
Sold by
Bought by

Purchase Details

Closed on
Oct 17, 1986
Sold by
Bought by

Purchase Details

Closed on
Jan 27, 1986
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in 1st Ward, PA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$328,000 First United Land Transfer
$145,000 Lighthouse Abstract Ltd
-- None Available
$36,500 --
$32,000 --
$15,100 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $262,400
Previous Owner $96,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2023 05/19/23 Sold $328,000 -3.5% $154 / Sq Ft
04/10/2023 04/10/23 Pending -- -- --
03/26/2023 03/26/23 Price Changed $339,900 0.0% $159 / Sq Ft
03/19/2023 03/19/23 For Sale $340,000 +3.7% $159 / Sq Ft
03/18/2023 03/18/23 Off Market $328,000 -- --
02/17/2023 02/17/23 For Sale $340,000 +134.5% $159 / Sq Ft
11/02/2018 11/02/18 Sold $145,000 -22.8% $68 / Sq Ft View Prior Sale
09/26/2018 09/26/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $187,900 -- $88 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,326 $70,300 $7,200 $63,100
2025 $2,308 $70,300 $7,200 $63,100
2024 $2,308 $70,300 $7,200 $63,100
2023 $2,308 $70,300 $7,200 $63,100
2022 $2,228 $70,300 $63,100 $7,200
2021 $2,184 $70,300 $7,200 $63,100
2020 $2,127 $70,300 $7,200 $63,100
2019 $2,093 $70,300 $7,200 $63,100
2018 $1,950 $70,300 $7,200 $63,100
2017 $1,902 $70,300 $7,200 $63,100
2016 -- $70,300 $7,200 $63,100
2015 -- $70,300 $7,200 $63,100
2014 -- $70,300 $7,200 $63,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 711149

Greater Lehigh Valley REALTORS®

APN: 640741098844-1

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