NOT LISTED FOR SALE

Estimated Value: $417,896

4 Beds
3 Baths
2,439 Sq Ft
$171/Sq Ft Est. Value

Last Sold July 17, 2015

Last sale price $133,000 $55 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $2,720/month

26 Days on Market

About This Home

As of July 2015

First floor commercial space with store front currently vacant with half bath. This space has been in demand. Realistic projected income for this space per year is $11,940. Finished basement with bathroom. 4 bedroom apartment on 2nd and 3rd floor in very good condition currently occupied - good tenant paying $995.00 per month. Off street parking. This property is located within 4 blocks of the new hockey arena & center city renaissance.

Last Agent to Sell the Property

Roz Day

RE/MAX Real Estate Listed on: 05/14/2015

RE/MAX Real Estate

Last Buyer's Agent

Melissa Orna

Weichert Realtors - Allentown

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1860

Lot Details

  • 2,430 Sq Ft Lot

Home Design

  • Mixed Use
  • Brick Exterior Construction

Interior Spaces

  • 2,439 Sq Ft Home
  • 3-Story Property
  • Home Security System
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 3 Parking Spaces
  • Paved Parking

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 640702338858001

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $917
  • Maintenance Expense $600
  • Other Expense $345
  • Trash Expense $750
  • Water Sewer Expense $140
  • Operating Expense $6,461
  • Gross Income $11,940
  • Net Operating Income $5,479

Property Details

Home Type

Multi-Family

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Mixed Use
  • Technology: Cable, Security System
  • County Assessment: 134900.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1860
  • Special Features: None

Interior Features

  • Features: Wash/Dry Hook-ups
  • Bathrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Bedrooms: 4
  • Square Footage: 2439

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 3

Utilities

  • Cooling: Window AC
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 917
  • Trash Removal: 750
  • Water Sewer: 140

Condo/Co-op/Association

  • Maintenance Repair: 600

Fee Information

  • Operating Expense: 6461

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.056
  • Lot Sq Ft: 2430
  • Zoning Code: B1/R

Rental Info

  • Other Expenses: 345

Tax Info

  • Assessor Parcel Number: 640702338858001
  • County Taxes: 511.27
  • Municipal Taxes: 725.65
  • Total Taxes: 3709.46

Multi Family

  • School Taxes: 2472.54
  • Total Units: 2
  • Total Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2015
Closed on
Jul 7, 2015
Sold by
Rodriguez Jose and Rodriguez Diogenes
Bought by
Padovani Erica
Seller's Agent
Roz Day
RE/MAX Real Estate
Buyer's Agent
Melissa Orna
Weichert Realtors - Allentown
List Price
$149,900
Sold Price
$133,000
Premium/Discount to List
-$16,900
-11.27%
Total Days on Market
26
Current Estimated Value
$417,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,896
Avg. Annual Appreciation
12.29%

Purchase Details

Closed on
Sep 28, 2006
Sold by
Le My
Bought by
Rodriguez Jose D and Rodriguez Diogenes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 4, 2002
Sold by
Tracey Gary L and Anders Ann M
Bought by
Le My

Purchase Details

Closed on
Apr 6, 2001
Sold by
Viruet Miguel A
Bought by
Tracey Gary L and Anders Ann M

Purchase Details

Closed on
Nov 29, 1999
Sold by
Tracey Gary L and Anders Ann M
Bought by
Viruet Miguel A
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
Padovani Erica $133,000 None Available
Rodriguez Jose D $140,000 None Available
Le My $35,000 --
Tracey Gary L -- --
Viruet Miguel A $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Jose D $112,000
Previous Owner Rodriguez Jose D $14,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2015 07/17/15 Sold $133,000 -11.3% $55 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
05/14/2015 05/14/15 For Sale $149,900 -- $61 / 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 $4,490 $134,900 $17,000 $117,900
2024 $4,490 $134,900 $17,000 $117,900
2023 $4,490 $134,900 $17,000 $117,900
2022 $4,336 $134,900 $117,900 $17,000
2021 $4,251 $134,900 $17,000 $117,900
2020 $4,143 $134,900 $17,000 $117,900
2019 $4,078 $134,900 $17,000 $117,900
2018 $3,791 $134,900 $17,000 $117,900
2017 $3,697 $134,900 $17,000 $117,900
2016 -- $134,900 $17,000 $117,900
2015 -- $134,900 $17,000 $117,900
2014 -- $134,900 $17,000 $117,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 495757

Greater Lehigh Valley REALTORS®

APN: 640702338858-1