NOT LISTED FOR SALE

Estimated Value: $353,189

6 Beds
4 Baths
-- Sq Ft
0.47 Acres

Last Sold April 02, 2020

Last sale price $215,000

Est. 64% increase in value since last sale

Current estimated payment $2,489/month

218 Days on Market

About This Home

As of April 2020

Income producing six unit investment property on a corner lot in quiet and quaint neighborhood. Building consists of three (3) one bedroom apartments, three (3) two bedroom apartments each with full kitchen and full bathroom. Potential for two (2) additional units. Separate meters for utilities. Separate garage for storage. Common area washer/dryer. Large on-site lit parking area to rear of building. Walking distance to D & L Trail and community park.

Last Agent to Sell the Property

Cindy Miller

SVN / Imperial Realty License #RS284561 Listed on: 07/29/2019

SVN / Imperial Realty

Last Buyer's Agent

Cindy Miller

SVN / Imperial Realty License #RS284561 Listed on: 07/29/2019

SVN / Imperial Realty

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1905

Lot Details

  • 0.47 Acre Lot

Home Design

  • Brick Exterior Construction

Parking

  • 15 Parking Spaces
  • Unpaved Parking

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 554280992476001

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $3,991
  • Insurance Expense $3,919
  • Maintenance Expense $4,419
  • Other Expense $1,820
  • Trash Expense $1,273
  • Water Sewer Expense $2,176
  • Operating Expense $31,543
  • Gross Income $59,400
  • Net Operating Income $25,085

Property Details

Home Type

Apartment

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 256400.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1905
  • Year Built Exception: Unknown
  • Special Features: None

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Unpaved Lot
  • Parking Spaces: 15

Utilities

  • Cooling: Window AC
  • Heat Type: Oil
  • Sewer: Public
  • Water: Public
  • Electric: 3991
  • Heat: 6636
  • Insurance: 3919
  • Trash Removal: 1273
  • Water Sewer: 2176

Condo/Co-op/Association

  • Lawn Snow Removal: 853
  • Maintenance Repair: 4419

Fee Information

  • Operating Expense: 31543

Lot Info

  • Acres: 0.468
  • Lot Sq Ft: 20386
  • Zoning Code: VC

Rental Info

  • Other Expenses: 1820

Tax Info

  • Assessor Parcel Number: 554280992476001
  • County Taxes: 969.19
  • Municipal Taxes: 76.92
  • Total Taxes: 7217.15

Multi Family

  • School Taxes: 6171.04
  • Total Units: 6
  • Total Unit Count: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2019
Closed on
Mar 26, 2020
Sold by
Robb Thomas C and Robb Lynette B
Bought by
Boehm Homes Llc
Seller's Agent
Cindy Miller
SVN / Imperial Realty
Buyer's Agent
Cindy Miller
SVN / Imperial Realty
List Price
$259,000
Sold Price
$215,000
Premium/Discount to List
-$44,000
-16.99%
Current Estimated Value
$353,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,189
Avg. Annual Appreciation
9.13%
Original Mortgage
$215,000
Outstanding Balance
$190,464
Interest Rate
3.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$162,725

Purchase Details

Closed on
Feb 25, 1993
Sold by
Melo Joao C
Bought by
Rubb Thomas C and Rubb Lynett E

Purchase Details

Closed on
Aug 15, 1989
Sold by
Yezik James T
Bought by
Melo Joao C

Purchase Details

Closed on
Apr 17, 1980
Bought by
Yezik James T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Boehm Homes Llc $215,000 First United Land Transfer I
Rubb Thomas C $64,000 --
Melo Joao C $75,000 --
Yezik James T $36,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boehm Homes Llc $215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2020 04/02/20 Sold $215,000 -17.0% --
03/03/2020 03/03/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $259,000 0.0% --
02/05/2020 02/05/20 Pending -- -- --
10/14/2019 10/14/19 Price Changed $259,000 -91.9% --
07/29/2019 07/29/19 For Sale $3,200,007 -- --
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 $7,552 $256,400 $38,200 $218,200
2024 $7,422 $256,400 $38,200 $218,200
2023 $7,217 $256,400 $38,200 $218,200
2022 $7,088 $256,400 $218,200 $38,200
2021 $6,968 $256,400 $38,200 $218,200
2020 $6,819 $256,400 $38,200 $218,200
2019 $6,641 $256,400 $38,200 $218,200
2018 $6,482 $256,400 $38,200 $218,200
2017 $6,464 $256,400 $38,200 $218,200
2016 -- $256,400 $38,200 $218,200
2015 -- $256,400 $38,200 $218,200
2014 -- $256,400 $38,200 $218,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 620300

Greater Lehigh Valley REALTORS®

APN: 554280992476-1