NOT LISTED FOR SALE

361 Lehigh Ave Palmerton, PA 18071

Estimated Value: $237,000 - $577,000

12 Beds
6 Baths
6,036 Sq Ft
$55/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $255,000 $42 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,098/month

267 Days on Market

Highlights

  • Balcony
  • Hot Water Heating System
  • 4-minute walk to Palmerton Park

About This Home

As of June 2014

This is a great, fully rented, investment property! Really nice with good floor plan, this 6-unit is located in a nice neighborhood and features 2BR apartments with front porches for 4 of them. The property makes money! 2013 brand new gas, high efficiency furnace just installed. 2-car garage also fully rented. Should you need a new tenant you should quickly find good tenants for this beauty.

Last Agent to Sell the Property

Jim Christman

Keller Williams Real Estate - Palmerton License #AB067586 Listed on: 09/16/2013

Keller Williams Real Estate - Palmerton

Last Buyer's Agent

Paula Fritzinger

Koehler Marvin Realty, LLC License #RM420782

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,213

Year Built

  • Built in 1900

Lot Details

  • 6,534

Parking

  • 2 Parking Spaces

Interior Spaces

  • 6,036 Sq Ft Home
  • 3-Story Property
  • Basement

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater

Additional Features

  • Balcony
  • 6,534 Sq Ft Lot

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 42A-48-H36-36.01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,213

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Directions: 248W to Palmerton Exit through town, right on 4th, right on Lehigh
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Building Stories: 3
  • Year Built: 1900
  • PropertySubType: Multi Family
  • Lot Size Acres: 0.15
  • Co List Office Phone: 610-826-8100
  • MLS Status: Closed
  • Location Tax and Legal Parcel Number2: 42A-48-H36-36.01
  • Location Tax and Legal School Tax Amount2: 4568.22
  • Location Tax and Legal Tax Annual Amount2: 6212.8
  • Location Tax and Legal Zoning Description2: Residential
  • General Property Information Stories2: 3
  • General Property Information Lot Size Acres: 0.15
  • Appliances Water Heater3: Yes
  • General Property Information Basement YN: Yes
  • Water Source:Public: Yes
  • Sewer:Public Sewer: Yes
  • Cooling None4: Yes
  • Water Heater Gas3: Yes
  • General Property Information Number Of Buildings2: 1.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Water Heater
  • Basement YN: Yes

Exterior Features

  • Disclosures: Right of First Refusal
  • Exterior Features: Balcony
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Information:Parking Total: 2.0

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Hot Water2: Yes
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 42A-48-H36-36.01
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 6212.8
  • Tax Book Number: 1632/113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2013
Closed on
Jun 30, 2014
Sold by
Herr Donald K and Herr Janice E
Bought by
Tbb Holdings Llc
Seller's Agent
Jim Christman
Keller Williams Real Estate - Palmerton
Buyer's Agent
Paula Fritzinger
Koehler Marvin Realty, LLC
List Price
$300,000
Sold Price
$255,000
Premium/Discount to List
-$45,000
-15%
Current Estimated Value
$329,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,928
Avg. Annual Appreciation
2.30%

Purchase Details

Closed on
Oct 15, 2007
Sold by
Christman James A and Christman Tiffani L
Bought by
Herr Donald K and Herr Janice E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Tbb Holdings Llc $255,000 None Available
Herr Donald K $205,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herr Donald K $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2014 06/30/14 Sold $255,000 -15.0% $42 / Sq Ft
06/03/2014 06/03/14 Pending -- -- --
09/09/2013 09/09/13 For Sale $300,000 -- $50 / Sq Ft
Source: Pocono Mountains Association of 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 $4,413 $44,400 $5,450 $38,950
2024 $4,071 $44,400 $5,450 $38,950
2023 $3,949 $44,400 $5,450 $38,950
2022 $3,826 $44,400 $5,450 $38,950
2021 $3,676 $44,400 $5,450 $38,950
2020 $3,587 $44,400 $5,450 $38,950
2019 $3,499 $44,400 $5,450 $38,950
2018 $3,499 $44,400 $5,450 $38,950
2017 $3,443 $44,400 $5,450 $38,950
2016 -- $44,400 $5,450 $38,950
2015 -- $44,400 $5,450 $38,950
2014 -- $44,400 $5,450 $38,950
Source: Public Records

Agents Affiliated with this Home

  • Jim Christman

    Seller's Agent in 2014

    Jim Christman

    Keller Williams Real Estate - Palmerton

    (610) 826-8112

    104 in this area

    578 Total Sales

    Jim Christman
    Section Image

  • P

    Buyer's Agent in 2014

    Paula Fritzinger

    Koehler Marvin Realty, LLC

See All Agents

Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-5441

Pocono Mountains Association of REALTORS®

APN: 42A-48-H36.01

Pennsylvania Carbon County Palmerton 18071

361 Lehigh Ave, Palmerton, PA

This home is located at 361 Lehigh Ave, Palmerton, PA 18071 since 16 September 2013 and is currently estimated at $329,928, approximately $54 per square foot. This property was built in 1900. 361 Lehigh Ave is a home located in Carbon County with nearby schools including Palmerton Area High School and St. John Neumann Regional School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pocono Mountains Association of REALTORS® The data relating to real estate for sale on this web site includes listings held by MLS-IDX Participants of the Internet Data Exchange program of the Multiple Listing Service of the Pocono Mountains Association of Realtors®. Listings marked with the Internet Data Exchange logo are not necessarilty the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Associations and its MLS-IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed or implied.

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