NOT LISTED FOR SALE

363 E Prospect St Nazareth, PA 18064

Estimated Value: $359,000 - $390,000

5 Beds
2 Baths
2,368 Sq Ft
$158/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $260,000 $110 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,027/month

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Hot Water Heating System
  • Floyd R. Shafer Elementary School Rated A-

About This Home

As of March 2021

Well maintained fully occupied 2 unit investment property in Nazareth Area School District generating $2075 gross monthly income. The first floor tenant is long term and pays $925 monthly for a 2 bedroom while the second floor tenant pays $1150 monthly for a 3 bedroom with a 2 car garage. There is a laundry room with washers and dryers for each unit. Recent improvements include a remodeled bath for the first floor unit and a remodeled bath and kitchen for the 2nd floor unit. The second floor unit has an enclosed patio area with storage underneath plus there is storage above the garage. Both tenants share the gazebo and yard space. 24 hour advanced notice for showings. 1st floor tenant handles grass and snow.

Last Agent to Sell the Property

Christine Jasinski

(267) 664-1841 jasinskirealestate@gmail.com Sterling Realty & Property Management, LLC License #2559013 Listed on: 02/08/2021

Sterling Realty & Property Management, LLC

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,528

Year Built

  • Built in 1945

Lot Details

  • 8,595 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • 2 Off-Street Spaces
  • Front Facing Garage
  • On-Street Parking

Home Design

  • 2,368 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for sewer, trash collection
  • Tax Lot 2
  • Assessor Parcel Number J7SE3C-6-2-0421

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Net Operating Income $17,972

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,528

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1945
  • Automatically Close On Close Date: Yes
  • Remarks Public: Well maintained fully occupied 2 unit investment property in Nazareth Area School District generating $2075 gross monthly income. The first floor tenant is long term and pays $925 monthly for a 2 bedroom while the second floor tenant pays $1150 monthly for a 3 bedroom with a 2 car garage. There is a laundry room with washers and dryers for each unit. Recent improvements include a remodeled bath for the first floor unit and a remodeled bath and kitchen for the 2nd floor unit. The second floor unit has an enclosed patio area with storage underneath plus there is storage above the garage. Both tenants share the gazebo and yard space. 24 hour advanced notice for showings. 1st floor tenant handles grass and snow.
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Total Sq Ft: 2368
  • Living Area Sq Ft: 2368
  • Price Per Sq Ft: 118.20
  • Above Grade Finished Sq Ft: 2368
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 363

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage, Off Street, On Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: NAZARETH AREA
  • School District Key: 300200397509
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 38200.00
  • Land Assessed Value: 16000.00
  • Land Use Code: 120
  • Lot Size Acres: 0.20
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8595.00
  • Year Assessed: 2021
  • Zoning: R10

Rental Info

  • Owner Pays: Sewer, Trash Collection
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4340593
  • School Tax: 3021.00
  • Tax Annual Amount: 4528.00
  • Assessor Parcel Number: J7SE3C-6-2-0421
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 2368
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 03/19/2021

Multi Family

  • Gross Income: 24900.00

MLS Schools

  • School District Name: NAZARETH AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2021
Closed on
Mar 17, 2021
Sold by
Imbriale Susan M
Bought by
Mirro Joseph
Seller's Agent
Christine Jasinski
Sterling Realty & Property Management, LLC
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$279,900
Sold Price
$260,000
Premium/Discount to List
-$19,900
-7.11%
Current Estimated Value
$373,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,065
Avg. Annual Appreciation
8.30%

Purchase Details

Closed on
Dec 7, 2007
Sold by
Fulciniti John B
Bought by
Imbriale Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 16, 2001
Bought by
Fulciniti John B and Duckw Michelle L
Source: Public Records

Range of Values:

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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
Mirro Joseph $260,000 Premier Abstract Company Ltd
Imbriale Susan M $225,000 --
Fulciniti John B $114,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Imbriale Susan M $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $260,000 -7.1% $110 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $279,900 -- $118 / 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 $585 $54,200 $16,000 $38,200
2024 $4,624 $54,200 $16,000 $38,200
2023 $4,531 $54,200 $16,000 $38,200
2022 $4,531 $54,200 $16,000 $38,200
2021 $4,528 $54,200 $16,000 $38,200
2020 $4,528 $54,200 $16,000 $38,200
2019 $4,460 $54,200 $16,000 $38,200
2018 $4,367 $54,200 $16,000 $38,200
2017 $4,300 $54,200 $16,000 $38,200
2016 -- $54,200 $16,000 $38,200
2015 -- $54,200 $16,000 $38,200
2014 -- $54,200 $16,000 $38,200
Source: Public Records

Agents Affiliated with this Home

  • Christine Jasinski

    Seller's Agent in 2021

    Christine Jasinski

    Sterling Realty & Property Management, LLC

    (267) 664-1841

    1 in this area

    89 Total Sales

    Christine Jasinski
    Section Image
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Map

Source: Bright MLS

MLS Number: PANH107672

Bright MLS

APN: J7SE3C-6-2-0421

Pennsylvania Northampton County Nazareth 18064

363 E Prospect St, Nazareth, PA

This home is located at 363 E Prospect St, Nazareth, PA 18064 since 08 February 2021 and is currently estimated at $373,065, approximately $157 per square foot. This property was built in 1945. 363 E Prospect St is a home located in Northampton County with nearby schools including Floyd R. Shafer Elementary School, Nazareth Area Middle School, and Nazareth Area High School.

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