NOT LISTED FOR SALE

324 Country Club Rd Lehighton, PA 18235

Estimated Value: $497,000

-- Bed
-- Bath
-- Sq Ft
21.99 Acres

Last Sold April 04, 2014

Last sale price $1,715,000

Current estimated payment $3,208/month

29 Days on Market

Highlights

  • 21.99 Acre Lot
  • Central Air
  • Heat Pump System

About This Home

As of April 2014

This is a condominium complex of 20 units on 8 acres. 19 units are currently rented, 1 is privately owned with HOA fee. APPROVED for additional 40 units to be built on adjoining 14 acres. All units are modern and in good condition. This is the only condominium complex in Lehighton area. Next to Mahoning Country Club and convenient to area shopping and turnpike. Complex consists of 8 2 BR apts, 10 2BR Townhomes, and 2 3BR Townhomes.

Last Agent to Sell the Property

Steve Walden

RE/MAX Real Estate Listed on: 01/14/2014

RE/MAX Real Estate

Last Buyer's Agent

Steve Walden

RE/MAX Real Estate Listed on: 01/14/2014

RE/MAX Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $33,923

Year Built

  • Built in 1984

Lot Details

  • 21.99

Home Design

  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property

Parking

  • 40 Parking Spaces
  • Paved Parking

Utilities

  • Central Air
  • Heat Pump System
  • Shared Sewer

Listing and Financial Details

  • Assessor Parcel Number 98-35-B21

Community Details

Overview

  • 20 Units
  • Springdale Estates Subdivision

Building Details

  • Electric Expense $5,371
  • Insurance Expense $6,520
  • Maintenance Expense $15,953
  • Trash Expense $3,334
  • Water Sewer Expense $13,781
  • Operating Expense $52,120
  • Gross Income $214,260
  • Net Operating Income $162,140

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$33,923

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Complex, Row/Townhouse
  • Stories: 2.0
  • V O W Consumer Comment: Yes
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Bathrooms: Modern

Exterior Features

  • Construction: Brick, Vinyl

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 40

Utilities

  • Cooling: Central AC
  • Heat Type: Electric, Heat Pump
  • Sewer: Community
  • Water: Community
  • Electric: 5371
  • Insurance: 6520
  • Trash Removal: 3334
  • Water Sewer: 13781

Condo/Co-op/Association

  • Lawn Snow Removal: 7181
  • Maintenance Repair: 15953

Fee Information

  • Operating Expense: 52120

Schools

  • School District: Lehighton

Lot Info

  • Acres: 21.990
  • Lot Sq Ft: 957880
  • Zoning Code: CONDOMINIUMS

Tax Info

  • Assessor Parcel Number: 98-35-B21
  • Total Taxes: 33923.00

Multi Family

  • Total Units: 20

MLS Schools

  • School District: Lehighton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2014
Closed on
Apr 14, 2014
Sold by
Prime Springdale Lp
Bought by
Springdale Gardens Lp
Seller's Agent
Steve Walden
RE/MAX Real Estate
Buyer's Agent
Steve Walden
RE/MAX Real Estate
List Price
$1,950,000
Sold Price
$1,715,000
Premium/Discount to List
-$235,000
-12.05%
Current Estimated Value
$497,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,218,000
Avg. Annual Appreciation
-10.19%
Original Mortgage
$1,211,000
Outstanding Balance
$923,008
Interest Rate
4.41%
Mortgage Type
Commercial
Estimated Equity
-$426,008

Purchase Details

Closed on
Jan 18, 2005
Sold by
Equitis Group Lp
Bought by
Prime Springdale Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.77%
Mortgage Type
Unknown
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 Buyer Sale Price Title Company
Springdale Gardens Lp $100,000 None Available
Prime Springdale Lp $700,000 Penntitle Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Springdale Gardens Lp $1,211,000
Previous Owner Prime Springdale Lp $700,000
Previous Owner Prime Springdale Lp $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2014 04/04/14 Sold $1,715,000 -12.1% --
02/12/2014 02/12/14 Pending -- -- --
01/14/2014 01/14/14 For Sale $1,950,000 -- --
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 $6,758 $88,321 $88,321 $0
2024 $6,493 $88,321 $88,321 $0
2023 $6,427 $88,321 $88,321 $0
2022 $6,338 $88,321 $88,321 $0
2021 $6,151 $88,321 $88,321 $0
2020 $5,995 $88,321 $88,321 $0
2019 $5,686 $88,321 $88,321 $0
2018 $5,620 $88,321 $88,321 $0
2017 $5,620 $88,321 $88,321 $0
2016 -- $88,321 $88,321 $0
2015 -- $88,321 $88,321 $0
2014 -- $88,321 $88,321 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 464726

Greater Lehigh Valley REALTORS®

APN: 98-35-B21.01