NOT LISTED FOR SALE

39 S 9th St Allentown, PA 18102

Center City Neighborhood
3 Beds
2 Baths
5,482 Sq Ft
4,574 Sq Ft Lot

Last Sold October 13, 2023

Last sale price $790,000 $144 Per Sq Ft

96 Days on Market

Highlights

  • 0.11 Acre Lot
  • Baseboard Heating
  • 3-minute walk to Valania Park
  • Forced Air Heating and Cooling System

About This Home

As of October 2023

Location! calling all investors to this investment opportunity available for sale in the revitalized downtown area. The City of Allentown zoning office has approved the development of (10) residentials apartments. (2) 2 bedroom/1 bath and (8) 1 bedroom/1 bath. Zoned B-2, developing more units is permitted creating endless opportunities. Currently, a mixed-use three (3) unit property features a ground-level retail space and two residential apartments. The building is located near all major developments within the (NIZ) Neighborhood Improvement Zone. Here's your chance to be part of downtown Allentown's revitalization.

Last Agent to Sell the Property

Ignacio Patricio

Ignite Realty Group Listed on: 06/18/2023

Last Buyer's Agent

Saman Chaudhry

Keller Williams Northampton

Keller Williams Northampton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,056

Year Built

  • Built in 1900

Lot Details

  • 4,574 Sq Ft Lot

Home Design

  • 5,482 Sq Ft Home
  • Mixed Use
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Paved Parking

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 640609264593 001

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $600
  • Insurance Expense $4,500
  • Operating Expense $26,316
  • Gross Income $162,600
  • Net Operating Income $136,284

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,056

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Mixed Use
  • County Assessment: 306100.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Square Footage: 5482

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 3

Utilities

  • Cooling: Central AC, Window ACs
  • Heat Type: Baseboard, Electric, Forced Air
  • Sewer: Public
  • Water: Public
  • Electric: 600
  • Insurance: 4500

Fee Information

  • Operating Expense: 26316

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.105
  • Lot Sq Ft: 4574
  • Zoning Code: B-2

Tax Info

  • Assessor Parcel Number: 640609264593 001
  • County Taxes: 1157.06
  • Municipal Taxes: 1967.99
  • Total Taxes: 10056.07

Multi Family

  • School Taxes: 6931.08
  • Total Units: 3
  • Total Unit Count: 3

MLS Schools

  • School District: Allentown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2015
Sold by
Shindo Corporation
Bought by
Sugar Hill Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$260,973
Interest Rate
3.87%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 4, 1985
Sold by
Schuster James F and Schuster Marilyn V
Bought by
Shindo Corporation

Purchase Details

Closed on
Jul 1, 1983
Sold by
Rothstein Sheldon and Rothstein Giutelle
Bought by
Schuster James F and Schuster Marilyn

Purchase Details

Closed on
Nov 26, 1974
Bought by
Rothstein Sheldon and Rothstein Giutelle
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Sugar Hill Holding Llc $225,000 None Available
Shindo Corporation $100,000 --
Schuster James F $110,000 --
Rothstein Sheldon $41,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sugar Hill Holding Llc $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $790,000 0.0% $144 / Sq Ft
10/02/2023 10/02/23 Off Market $790,000 -- --
09/22/2023 09/22/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $450,000 0.0% $82 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
06/18/2023 06/18/23 For Sale $450,000 +13.1% $82 / Sq Ft
09/16/2021 09/16/21 Sold $398,000 -6.4% $97 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $425,000 -- $104 / 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 $6,414 $198,400 $15,100 $183,300
2024 $6,414 $198,400 $15,100 $183,300
2023 $6,414 $198,400 $15,100 $183,300
2022 $6,188 $198,400 $183,300 $15,100
2021 $6,064 $198,400 $15,100 $183,300
2020 $5,904 $198,400 $15,100 $183,300
2019 $5,808 $198,400 $15,100 $183,300
2018 $5,426 $198,400 $15,100 $183,300
2017 $5,287 $198,400 $15,100 $183,300
2016 -- $198,400 $15,100 $183,300
2015 -- $198,400 $15,100 $183,300
2014 -- $198,400 $15,100 $183,300
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2023

    Ignacio Patricio

    Ignite Realty Group

    (917) 564-2685

    12 in this area

    42 Total Sales

    Ignacio Patricio
    Section Image
  • Saman Chaudhry

    Buyer's Agent in 2023

    Saman Chaudhry

    Keller Williams Northampton

    (610) 457-2151

    8 in this area

    182 Total Sales

    Saman Chaudhry
    Section Image
  • Mark Smith

    Seller's Agent in 2021

    Mark Smith

    Hawthorne Real Estate

    (610) 509-1550

    3 in this area

    12 Total Sales

    Mark Smith
    Section Image

  • M

    Buyer Co-Listing Agent in 2021

    Michael Kaminski

    Hawthorne Real Estate

See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 719205

Greater Lehigh Valley REALTORS®

APN: 640609265364-1

Pennsylvania Lehigh County Allentown 18101 Center City

39 S 9th St, Allentown, PA

This home is located at 39 S 9th St, Allentown, PA 18102 since 18 June 2023. This property was built in 1900. 39 S 9th St is a home located in Lehigh County with nearby schools including Jefferson Elementary School, South Mountain Middle School, and William Allen High 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.

Greater Lehigh Valley REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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