$21,000
SOLD APR 8, 2016

322 N 1st St Lehighton, PA 18235

-- Bed
-- Bath
1,861 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$11 Per Sq Ft

28% Below List Price

31 Days on Market

About This Home

As of October 2021

2 Unit with parking, centrally located in Lehighton. Great potential for income producing investment property. Interior in need of rehab on both units. Being Sold as-is. House could easily be converted back to a single family Home. Has insulated newer windows, Roof less than 10 yrs (Flat part is new)

Last Agent to Sell the Property

Donald Wenner

DLP Realty License #AB067794 Listed on: 02/12/2016

Last Buyer's Agent

Tammy Swinburne

Charlotte Solt Real Estate License #RM422010

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 26 x 189
  • Private Streets

Parking

  • 2 Parking Spaces

Home Design

  • Flat Roof Shape
  • Vinyl Siding

Interior Spaces

  • 1,861 Sq Ft Home
  • 2-Story Property
  • Washer and Gas Dryer Hookup

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Oil Water Heater

Listing and Financial Details

  • Assessor Parcel Number 70A10-30-R29

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,000
  • Maintenance Expense $600
  • Trash Expense $315
  • Operating Expense $5,174
  • Gross Income $15,000
  • Net Operating Income $9,826

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Directions: Sgt Stanley Hoffman Blvd to N 1st S.
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1925
  • PropertySubType: Multi Family
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Lot Size Acres: 0.12
  • Co List Office Phone: 610-756-2090
  • MLS Status: Closed
  • Subdivision Name: None
  • Location Tax and Legal Parcel Number2: 70A10-30-R29
  • Location Tax and Legal School Tax Amount2: 1414.85
  • Location Tax and Legal Tax Annual Amount2: 1939.37
  • Location Tax and Legal Zoning Description2: Multi-Family
  • General Property Information Stories2: 2
  • General Property Information Lot Size Acres: 0.12
  • General Property Information Lot Size Dimensions: 26 x 189
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Appliances Water Heater3: Yes
  • Road Responsibility Private Maintained Road: Yes
  • General Property Information Basement YN: No
  • Water Source:Public: Yes
  • Sewer:Public Sewer: Yes
  • Water Heater:Oil2: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Cooling None4: Yes
  • General Property Information Number Of Buildings2: 1.0
  • Income And Expenses Operating Expense: 5174.0
  • Income And Expenses Maintenance Expense: 600.0
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Basement YN: No

Exterior Features

  • Roof: Flat, Other
  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Information:Parking Total: 2.0

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: None
  • Heating: Oil
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Oil: Yes

Lot Info

  • Lot Dimensions: 26 x 189
  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres
  • Parcel Number: 70A10-30-R29
  • Zoning Description: Multi-Family

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1939.37
  • Tax Book Number: 2077/298

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2021
Closed on
Oct 14, 2021
Sold by
May Steven R
Bought by
Wraga Michael
Seller's Agent
Lucille Richmond
C-21 Select Group-Lake Harmony
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%
Current Estimated Value
$210,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,125
Avg. Annual Appreciation
9.38%
Original Mortgage
$116,250
Outstanding Balance
$107,153
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$102,972

Purchase Details

Listed on
Feb 12, 2016
Closed on
Apr 8, 2016
Sold by
Wright Michael T and Woodring Lisa
Bought by
May Steven R
Seller's Agent
Donald Wenner
DLP Realty
Buyer's Agent
Tammy Swinburne
Charlotte Solt Real Estate
List Price
$29,000
Sold Price
$21,000
Premium/Discount to List
-$8,000
-27.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.79%

Purchase Details

Closed on
Oct 15, 2013
Sold by
Woodring Lisa
Bought by
Woodring Lisa and Wright Michael T

Purchase Details

Closed on
Feb 29, 2008
Sold by
Woodring Wayne D
Bought by
Woodring Lisa and Murray Lisa
Source: Public Records

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 Type Sale Price Title Company
Deed $155,000 Abe Settlement Svcs
Deed $21,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $116,250 New Conventional
Previous Owner $44,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold $150,000 -5.7% $81 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $159,000 +657.1% $85 / Sq Ft
04/08/2016 04/08/16 Sold $21,000 0.0% $11 / Sq Ft
04/08/2016 04/08/16 Sold $21,000 -27.6% $11 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
03/14/2016 03/14/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $29,000 0.0% $16 / Sq Ft
01/25/2016 01/25/16 For Sale $29,000 -- $16 / Sq Ft
Source: Pocono Mountains Association of 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 $495 $6,200 $6,200 $0
2024 $2,239 $29,550 $6,200 $23,350
2023 $2,217 $29,550 $6,200 $23,350
2022 $2,217 $29,550 $6,200 $23,350
2021 $2,139 $29,550 $6,200 $23,350
2020 $2,087 $29,550 $6,200 $23,350
2019 $1,998 $29,550 $6,200 $23,350
2018 $1,954 $29,550 $6,200 $23,350
2017 $1,939 $29,550 $6,200 $23,350
2016 -- $29,550 $6,200 $23,350
2015 -- $29,550 $6,200 $23,350
2014 -- $29,550 $6,200 $23,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-32052

Pocono Mountains Association of REALTORS®

APN: 70A10-30-R29