NOT LISTED FOR SALE
-- Bed
-- Bath
28,082 Sq Ft
5.23 Acres

Last Sold May 11, 2022

Last sale price $3,600,000 $128 Per Sq Ft

346 Days on Market

Highlights

  • Senior Community
  • Central Air
  • Heating Available
  • 5.23 Acre Lot

About This Home

As of May 2022

The property consists of an existing 69-unit assisted Living facility known a Walden III. The facility consists of 33086 Sq Ft of gross floor area and is situated on a 6.74-acre parcel of land.

Last Agent to Sell the Property

Clay Mitman

BHHS Paul Ford Easton Listed on: 11/09/2020

BHHS Paul Ford Easton

Last Buyer's Agent

Clay Mitman

BHHS Paul Ford Easton Listed on: 11/09/2020

BHHS Paul Ford Easton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $61,327

Year Built

  • Built in 1987

Lot Details

  • 5.23 Acre Lot

Home Design

  • 28,082 Sq Ft Home
  • Brick Exterior Construction
  • Frame Construction
  • Stucco Exterior
  • Vinyl Construction Material

Parking

  • 20 Parking Spaces
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number E8 16 12 0638

Community Details

Overview

  • Senior Community
  • 69 Units

Building Details

  • Insurance Expense $34,990
  • Maintenance Expense $56,160
  • Operating Expense $1,016,481
  • Gross Income $1,591,177
  • Net Operating Income $418,465

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$61,327

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Adult Comm 55 & Over
  • County Assessment: 731300.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Square Footage: 28082

Exterior Features

  • Construction: Aluminum, Brick, Frame, Stucco, Vinyl

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 20

Utilities

  • Cooling: Central AC
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 34990

Condo/Co-op/Association

  • Maintenance Repair: 56160

Fee Information

  • Operating Expense: 1016481

Schools

  • School District: Pen Argyl

Lot Info

  • Acres: 5.230
  • Lot Sq Ft: 227819
  • Zoning Code: R8

Tax Info

  • Assessor Parcel Number: E8 16 12 0638
  • County Taxes: 7898.04
  • Municipal Taxes: 12432.10
  • Total Taxes: 61326.82

Multi Family

  • School Taxes: 40996.68
  • Total Units: 69

Range of Values:

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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 Change Sq Ft Price
05/11/2022 05/11/22 Sold $3,600,000 -20.0% $128 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
11/09/2020 11/09/20 For Sale $4,500,000 -- $160 / 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 $7,898 $731,300 $31,600 $699,700
2024 $62,058 $731,300 $31,600 $699,700
2023 $62,058 $731,300 $31,600 $699,700
2022 $61,327 $731,300 $31,600 $699,700
2021 $61,327 $731,300 $31,600 $699,700
2020 $61,327 $731,300 $31,600 $699,700
2019 $59,447 $731,300 $31,600 $699,700
2018 $57,875 $731,300 $31,600 $699,700
2017 $55,901 $731,300 $31,600 $699,700
2016 -- $731,300 $31,600 $699,700
2015 -- $731,300 $31,600 $699,700
2014 -- $731,300 $31,600 $699,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 653871

Greater Lehigh Valley REALTORS®