NOT LISTED FOR SALE

329 N Lumber St Allentown, PA 18102

Center City Neighborhood

Estimated Value: $125,131 - $140,000

3 Beds
1 Bath
1,020 Sq Ft
$131/Sq Ft Est. Value

Last Sold March 13, 2017

Last sale price $37,500 $37 Per Sq Ft

Est. 255% increase in value since last sale

Current estimated payment $806/month

59 Days on Market

Highlights

  • No HOA
  • Living Room
  • Baseboard Heating
  • Eat-In Kitchen

About This Home

As of March 2017

Extremely affordable 3-BR home or efficient investment property with just $1029 yr taxes. Month to Month tenant is paying $825 per month, plus all utilities but trash, generating a tremendous 15% cap rate! Great opportunity for the investor building a portfolio requiring minimal cash outlay.

Last Agent to Sell the Property

Craig Liles

(484) 903-1069 craiglilesteam@gmail.com Iron Valley Real Estate of Lehigh Valley License #AB066762 Listed on: 11/30/2016

Iron Valley Real Estate of Lehigh Valley

Last Buyer's Agent

Rennard Clayton

(610) 737-8416 RClaytonRealtor@gmail.com Coldwell Banker Hearthside-Allentown

Coldwell Banker Hearthside-Allentown

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1905

Lot Details

  • 1,150 Sq Ft Lot
  • Lot Dimensions are 10x115

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,020 Sq Ft Home
  • Property has 3 Levels
  • Living Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry on lower level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 038
  • Assessor Parcel Number 549791693457-00001

Townhouse Details

Home Type

Townhome

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 3+
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1020
  • Living Area Sq Ft: 1020
  • Net Sq Ft: 1020.00
  • Price Per Sq Ft: 44.02
  • Above Grade Finished Sq Ft: 1020
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Access To Pool: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 34100.00
  • Land Assessed Value: 3900.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 10X115
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1150.00
  • Zoning: R-MH

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3914625
  • Tax Annual Amount: 1028.00
  • Assessor Parcel Number: 549791693457-00001
  • Tax Lot: 038
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2016
Closed on
Mar 13, 2017
Sold by
Northern Lehigh Valley Property Investor
Bought by
Zirpolo Zachary
Seller's Agent
Craig Liles
Iron Valley Real Estate of Lehigh Valley
Buyer's Agent
Rennard Clayton
Coldwell Banker Hearthside-Allentown
List Price
$44,900
Sold Price
$37,500
Premium/Discount to List
-$7,400
-16.48%
Current Estimated Value
$133,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,783
Avg. Annual Appreciation
15.63%
Original Mortgage
$29,600
Outstanding Balance
$24,560
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$108,723

Purchase Details

Closed on
Mar 9, 2005
Sold by
New Again Properties
Bought by
Northern Lehigh Valley Property Investor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2003
Sold by
Deutsche Bank National Trust Co
Bought by
New Again Properties

Purchase Details

Closed on
Aug 28, 2003
Sold by
Kipp Christian F
Bought by
Deutsche Bank National Trust Co and Trust Company Of California Na

Purchase Details

Closed on
Nov 10, 1997
Sold by
Molinari Joseph R
Bought by
Kipp Christian F

Purchase Details

Closed on
Oct 1, 1986
Bought by
Molinari Joseph R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Zirpolo Zachary $37,500 None Available
Northern Lehigh Valley Property Investor $40,000 --
New Again Properties $28,000 --
Deutsche Bank National Trust Co -- --
Kipp Christian F $35,500 --
Molinari Joseph R $20,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zirpolo Zachary $29,600
Previous Owner Northern Lehigh Valley Property Investor $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2017 03/13/17 Sold $37,500 -16.5% $37 / Sq Ft
01/28/2017 01/28/17 Pending -- -- --
11/30/2016 11/30/16 For Sale $44,900 -- $44 / Sq Ft
Source: Bright MLS

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 $1,248 $38,000 $3,900 $34,100
2024 $1,248 $38,000 $3,900 $34,100
2023 $1,248 $38,000 $3,900 $34,100
2022 $1,204 $38,000 $34,100 $3,900
2021 $1,181 $38,000 $3,900 $34,100
2020 $1,150 $38,000 $3,900 $34,100
2019 $1,132 $38,000 $3,900 $34,100
2018 $1,054 $38,000 $3,900 $34,100
2017 $1,028 $38,000 $3,900 $34,100
2016 -- $38,000 $3,900 $34,100
2015 -- $38,000 $3,900 $34,100
2014 -- $38,000 $3,900 $34,100
Source: Public Records

Agents Affiliated with this Home

  • Craig Liles

    Seller's Agent in 2017

    Craig Liles

    Iron Valley Real Estate of Lehigh Valley

    (484) 903-1069

    15 in this area

    176 Total Sales

    Craig Liles
    Section Image
  • Rennard Clayton

    Buyer's Agent in 2017

    Rennard Clayton

    Coldwell Banker Hearthside-Allentown

    (610) 737-8416

    20 in this area

    157 Total Sales

    Rennard Clayton
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001805291

Bright MLS

APN: 549791693457-1

Pennsylvania Lehigh County Allentown 18102 Center City

329 N Lumber St, Allentown, PA

Not Listed for Sale

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