NOT LISTED FOR SALE

321 E Bertsch St Lansford, PA 18232

Estimated Value: $86,033 - $93,000

5 Beds
1 Bath
1,437 Sq Ft
$62/Sq Ft Est. Value

Last Sold April 22, 2024

Last sale price $85,000 $59 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $618/month

10 Days on Market

About This Home

As of April 2024

Attention astute investors! Prepare to be impressed by this remarkable opportunity at 321 E. Bertsch. This property is a shining example of turnkey investing at its finest. With a monthly rent of $1,275 and a gross income of $15,300, this gem promises a solid return on investment. Boasting a net income of $12,955, the property is priced attractively at $85,000, ensuring an excellent cap rate for discerning investors. In good condition and with tenants responsible for all utilities except taxes and insurance, this property offers a hassle-free investment experience. Don't miss out—seize the chance to elevate your portfolio with this lucrative asset today!

Last Listed By

Jennifer de Jesus

Steel City Realty Listed on: 02/27/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,546

Year Built

  • Built in 1910

Lot Details

  • 871 Sq Ft Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,437 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Home Security

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 122A3-22-P21

Community Details

Building Details

  • Insurance Expense $800
  • Operating Expense $2,345
  • Gross Income $153,000
  • Net Operating Income $12,955

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,546

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row/Townhouse
  • Technology: Smk Detector Battery
  • County Assessment: 13600.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1910
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 5
  • Square Footage: 1437

Exterior Features

  • Construction: Vinyl

Utilities

  • Cooling: No Air
  • Heat Type: Oil, Radiator
  • Sewer: Public
  • Water: Public
  • Insurance: 800

Fee Information

  • Operating Expense: 2345

Schools

  • School District: Panther Valley

Lot Info

  • Acres: 0.020
  • Lot Sq Ft: 871
  • Zoning Code: resi

Tax Info

  • Assessor Parcel Number: 122A3-22-P21
  • County Taxes: 166.60
  • Municipal Taxes: 501.02
  • Total Taxes: 1545.50

Multi Family

  • School Taxes: 877.88
  • Total Units: 1
  • Total Unit Count: 1

MLS Schools

  • School District: Panther Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Apr 1, 2024
Sold by
Kathlal Realty Llc
Bought by
Infinite 1 Property Management Llc
Seller's Agent
Jennifer de Jesus
Steel City Realty
Buyer's Agent
nonmember nonmember
NON MBR Office
List Price
$85,000
Sold Price
$85,000
Total Days on Market
10
Views
28
Current Estimated Value
$89,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,258
Avg. Annual Appreciation
4.81%
Original Mortgage
$63,750
Outstanding Balance
$63,030
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$26,228

Purchase Details

Closed on
May 13, 2022
Sold by
Bp Supreme Llc
Bought by
Kathlal Realty Llc

Purchase Details

Closed on
Sep 17, 2021
Sold by
Keer Debra
Bought by
Bp Supreme Llc

Purchase Details

Listed on
Feb 27, 2018
Closed on
Oct 9, 2018
Sold by
Kniese Lawrence A and Kniese Kimberly M
Bought by
Keer Debra
Seller's Agent
Jennifer Miller
New Day Real Estate LLC
Buyer's Agent
Douglas Yoder
New Day Real Estate LLC
List Price
$18,000
Sold Price
$9,000
Premium/Discount to List
-$9,000
-50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.72%

Purchase Details

Closed on
Mar 30, 2011
Sold by
Frank Theresa M and Frank Daniel J
Bought by
Kniese Lawrence A and Kniese Kimberly M

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
Infinite 1 Property Management Llc $85,000 Steel Abstract
Kathlal Realty Llc $50,000 Steel Abstract
Bp Supreme Llc $40,000 Steel Abstract
Keer Debra $3,560 None Available
Kniese Lawrence A $29,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Infinite 1 Property Management Llc $63,750
Previous Owner Kathlal Realty Llc $26,420
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2024 04/22/24 Sold $85,000 0.0% $59 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $85,000 0.0% $59 / Sq Ft
01/04/2024 01/04/24 Rented $1,225 0.0% --
12/11/2023 12/11/23 Price Changed $1,225 +8.9% $1 / Sq Ft
12/11/2023 12/11/23 For Rent $1,125 0.0% --
10/09/2018 10/09/18 Sold $9,000 -50.0% $6 / Sq Ft
09/27/2018 09/27/18 Pending -- -- --
02/27/2018 02/27/18 For Sale $18,000 -- $13 / 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 $1,480 $13,600 $4,050 $9,550
2024 $1,556 $13,600 $4,050 $9,550
2023 $1,546 $13,600 $4,050 $9,550
2022 $1,558 $13,600 $4,050 $9,550
2021 $1,558 $13,600 $4,050 $9,550
2020 $1,534 $13,600 $4,050 $9,550
2019 $1,459 $13,600 $4,050 $9,550
2018 $1,445 $13,600 $4,050 $9,550
2017 $1,428 $13,600 $4,050 $9,550
2016 -- $13,600 $4,050 $9,550
2015 -- $13,600 $4,050 $9,550
2014 -- $13,600 $4,050 $9,550
Source: Public Records

Agents Affiliated with this Home

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Source: Greater Lehigh Valley REALTORS®

MLS Number: 733544

Greater Lehigh Valley REALTORS®

APN: 122A3-22-P21