Seller's Agent in 2016
Scott Harrington
Coldwell Banker Heritage R E
(610) 428-0277
1 in this area
48 Total Sales
36 S 5th St Easton, PA 18042
Downtown Easton NeighborhoodEstimated Value: $425,000 - $665,000
6
Beds
6
Baths
6,418
Sq Ft
$88/Sq Ft
Est. Value
About This Home
As of December 2016Welcome to Downtown Easton! Looking for an investment property with a superb location? Look no further than this six-unit residential apartment building! It's actually two adjoining buildings, with three one-bedroom apartments in each side. This property is fully-leased and is ready for a new owner to simply take-over collecting the rents. This building's location will continue to please its tenants, as it's only about two blocks from Centre Square, and just around the corner from all the shops, restaurants, festivals, and activities today's Downtown tenants desire. There is plenty of nearby parking, the new transportation hub is a couple blocks away, and Routes 22, 33, and 78 are just minutes away. Don't miss this rare opportunity to begin, or expand, your real estate investment portfolio in the Lehigh Valley!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,780
Year Built
- Built in 1900
Lot Details
- 3,828 Sq Ft Lot
Parking
- Parking Permit Required
Home Design
- 6,418 Sq Ft Home
- Duplex
- Brick Exterior Construction
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Full Bathrooms
Utilities
- No Cooling
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number L9SE2A 22 19 0310; L9SE2A 22 18 0310
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $833
- Insurance Expense $766
- Trash Expense $4,728
- Water Sewer Expense $2,342
- Operating Expense $18,932
- Gross Income $56,100
- Net Operating Income $37,168
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 27, 2016
Closed on
Dec 7, 2016
Sold by
Rcd Realty Llc
Bought by
Scott Quality Products
Seller's Agent
Scott Harrington
Coldwell Banker Heritage R E
Buyer's Agent
Clay Mitman
BHHS Paul Ford Easton
List Price
$499,000
Sold Price
$440,000
Premium/Discount to List
-$59,000
-11.82%
Total Days on Market
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,333
Avg. Annual Appreciation
2.92%
Purchase Details
Closed on
Feb 13, 2004
Sold by
Nancy Run Industry
Bought by
R C D Realty
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.83%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Scott Quality Products | $440,000 | None Available | |
| R C D Realty | $180,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Scott Quality Products Inc | $280,000 | |
| Previous Owner | Scott Quality Products Inc | $465,000 | |
| Previous Owner | Rcd Realty Llc | $2,020,000 | |
| Previous Owner | R C D Realty | $144,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/07/2016 12/07/16 | Sold | $440,000 | -11.8% | $69 / Sq Ft |
| 11/11/2016 11/11/16 | Pending | -- | -- | -- |
| 10/27/2016 10/27/16 | For Sale | $499,000 | -- | $78 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
Tax History Compared to Growth
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 | $405 | $37,500 | $10,100 | $27,400 |
| 2024 | $3,890 | $37,500 | $10,100 | $27,400 |
| 2023 | $3,890 | $37,500 | $10,100 | $27,400 |
| 2022 | $3,841 | $37,500 | $10,100 | $27,400 |
| 2021 | $3,831 | $37,500 | $10,100 | $27,400 |
| 2020 | $3,829 | $37,500 | $10,100 | $27,400 |
| 2019 | $3,783 | $37,500 | $10,100 | $27,400 |
| 2018 | $3,730 | $37,500 | $10,100 | $27,400 |
| 2017 | $3,656 | $37,500 | $10,100 | $27,400 |
| 2016 | -- | $37,500 | $10,100 | $27,400 |
| 2015 | -- | $37,500 | $10,100 | $27,400 |
| 2014 | -- | $37,500 | $10,100 | $27,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2016
Clay Mitman
BHHS Paul Ford Easton
(610) 253-6123
31 in this area
346 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 533651
APN: L9SE2A-22-19-0310
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