NOT LISTED FOR SALE

333 E Union St Allentown, PA 18109

East Allentown Neighborhood

Estimated Value: $224,151 - $291,000

5 Beds
2 Baths
1,652 Sq Ft
$154/Sq Ft Est. Value

Last Sold January 28, 2020

Last sale price $105,000 $64 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $1,593/month

About This Home

As of January 2020

Simply stated, this is an easy to manage, money-making property with an excellent CAP rate! This 2 unit also has excellent garage rental income. The roof is new and the property is well maintained. It is located in walking distance to public transportation, area shopping and dining and it is surrounded by many jobs and business opportunities. All this places it in an excellent rental district.

Last Agent to Sell the Property

Nathan Guttman

Keller Williams Allentown License #RS284327 Listed on: 12/11/2019

Keller Williams Allentown

Co-Listed By

David Emili Jr

Coldwell Banker Hearthside License #RS316162

Last Buyer's Agent

Nathan Guttman

Keller Williams Allentown License #RS284327 Listed on: 12/11/2019

Keller Williams Allentown

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,078

Year Built

  • Built in 1908

Lot Details

  • 2,849 Sq Ft Lot
  • Lot Dimensions are 19x150

Parking

  • 2 Car Garage

Home Design

  • 1,652 Sq Ft Home
  • Brick Exterior Construction
  • Stucco Exterior

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 640782166506 001

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $100
  • Insurance Expense $5,000
  • Maintenance Expense $500
  • Water Sewer Expense $800
  • Operating Expense $12,000
  • Gross Income $20,820
  • Net Operating Income $8,820

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,078

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 93700.00
  • Year Built: 1908
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 5
  • Square Footage: 1652

Exterior Features

  • Construction: Brick, Stucco

Garage/Parking

  • Parking: Garage
  • Parking Spaces: 2

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard
  • Sewer: Public
  • Water: Public
  • Electric: 100
  • Heat: 5400
  • Insurance: 5000
  • Water Sewer: 800

Condo/Co-op/Association

  • Lawn Snow Removal: 200
  • Maintenance Repair: 500

Fee Information

  • Operating Expense: 12000

Lot Info

  • Acres: 0.065
  • Lot Dimensions: 19x150
  • Lot Sq Ft: 2849
  • Zoning Code: R-MH-Medium High Density Residential

Tax Info

  • Assessor Parcel Number: 640782166506 001
  • County Taxes: 341.07
  • Municipal Taxes: 477.53

Multi Family

  • School Taxes: 1782.66
  • Total Units: 2
  • Total Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2019
Closed on
Jan 9, 2020
Sold by
Estate Of Bruce Brainerd Ferrell
Bought by
Dela Mata Rafael Castro and Campos Sandra
Seller's Agent
Nathan Guttman
Keller Williams Allentown
Buyer's Agent
Nathan Guttman
Keller Williams Allentown
List Price
$120,000
Sold Price
$105,000
Premium/Discount to List
-$15,000
-12.5%
Current Estimated Value
$253,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,788
Avg. Annual Appreciation
16.31%
Original Mortgage
$84,000
Outstanding Balance
$74,417
Interest Rate
3.74%
Mortgage Type
Commercial
Estimated Equity
$179,371

Purchase Details

Closed on
Jul 18, 1996
Sold by
Krenn Patricia A
Bought by
Ferrell Bruce B

Purchase Details

Closed on
Oct 21, 1981
Bought by
Krenn Patricia A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dela Mata Rafael Castro $105,000 Keystone Premier Setmnt Svcs
Ferrell Bruce B $40,000 --
Krenn Patricia A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dela Mata Rafael Castro $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2020 01/28/20 Sold $105,000 -12.5% $64 / Sq Ft
12/11/2019 12/11/19 Pending -- -- --
12/11/2019 12/11/19 For Sale $120,000 -- $73 / 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 $3,078 $93,700 $9,700 $84,000
2024 $3,078 $93,700 $9,700 $84,000
2023 $3,078 $93,700 $9,700 $84,000
2022 $2,971 $93,700 $84,000 $9,700
2021 $2,913 $93,700 $9,700 $84,000
2020 $2,838 $93,700 $9,700 $84,000
2019 $2,792 $93,700 $9,700 $84,000
2018 $2,601 $93,700 $9,700 $84,000
2017 $2,536 $93,700 $9,700 $84,000
2016 -- $93,700 $9,700 $84,000
2015 -- $93,700 $9,700 $84,000
2014 -- $93,700 $9,700 $84,000
Source: Public Records

Agents Affiliated with this Home

  • Nathan Guttman

    Seller's Agent in 2020

    Nathan Guttman

    Keller Williams Allentown

    (484) 357-4152

    128 Total Sales

    Nathan Guttman
    Section Image

  • D

    Seller Co-Listing Agent in 2020

    David Emili Jr

    Coldwell Banker Hearthside

    (610) 653-5022

    49 Total Sales

    David Emili Jr
    Section Image
  • Ravi Dhingra

    Buyer Co-Listing Agent in 2020

    Ravi Dhingra

    Keller Williams Allentown

    (610) 955-7987

    164 Total Sales

    Ravi Dhingra
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 630152

Greater Lehigh Valley REALTORS®

APN: 640782166506-1

Pennsylvania Lehigh County Allentown 18109 East Allentown

333 E Union St, Allentown, PA

Not Listed for Sale

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