NOT LISTED FOR SALE

407 N 4th St Allentown, PA 18102

Center City Neighborhood

Estimated Value: $150,000 - $184,000

3 Beds
1 Bath
1,291 Sq Ft
$126/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $155,000 $120 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,014/month

8 Days on Market

About This Home

As of February 2024

Investor's dream! This 3-bed, 1-bath row home in Center City Allentown is an ideal investment property. With a spacious open living room and dining room, a welcoming front porch, and ample backyard space, it offers great potential for rental income or future resale. Well-maintained and conveniently located near amenities, this property presents a prime opportunity for savvy investors. Don't miss out on turning this city gem into a lucrative investment! Lease in place with a 7.37% CAP RATE.

Last Agent to Sell the Property

Isa Peralta

IronValley RE of Lehigh Valley Listed on: 01/09/2024

IronValley RE of Lehigh Valley

Last Buyer's Agent

Joseph Jackson

CENTURY 21 Keim Realtors

CENTURY 21 Keim Realtors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,741

Year Built

  • Built in 1907

Lot Details

  • 1,163

Home Design

  • Brick Exterior Construction
  • Stucco Exterior
  • Vinyl Construction Material

Interior Spaces

  • 1,291 Sq Ft Home
  • 2.5-Story Property
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Oil

Additional Features

  • Patio
  • 1,163 Sq Ft Lot

Community Details

  • Insurance Expense $1,172
  • Trash Expense $375
  • Water Sewer Expense $883
  • Operating Expense $5,929
  • Gross Income $17,577
  • Net Operating Income $13,405

Listing and Financial Details

  • Assessor Parcel Number 640723021246 001

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,741

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row/Townhouse
  • County Assessment: 54100.00
  • Stories: 2.5
  • Street Number Modifier: 1/2
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1907
  • Year Built Exception: Unknown
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Features: Patio, Wash/Dry Hook-ups
  • Bathrooms: Semi Modern
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Square Footage: 1291

Exterior Features

  • Construction: Brick, Stucco, Vinyl

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Oil
  • Sewer: Public
  • Water: Public
  • Insurance: 1172
  • Trash Removal: 375
  • Water Sewer: 883

Fee Information

  • Operating Expense: 5929

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.027
  • Lot Dimensions: 1163
  • Lot Sq Ft: 1163
  • Zoning Code: R-Mh-Medium High Density Residential

Tax Info

  • Assessor Parcel Number: 640723021246 001
  • County Taxes: 204.50
  • Municipal Taxes: 311.51
  • Total Taxes: 1741.01

Multi Family

  • School Taxes: 1225.00
  • Total Units: 1
  • Total Unit Count: 1

MLS Schools

  • School District: Allentown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2014
Closed on
Dec 19, 2014
Sold by
Funaro Alexander
Bought by
Tammany Llc
Seller's Agent
Leslie Morrone
NON MBR Office
Buyer's Agent
Brittany Jones
BHHS Regency Real Estate
List Price
$33,000
Sold Price
$33,000
Total Days on Market
8
Current Estimated Value
$162,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,845
Avg. Annual Appreciation
16.37%

Purchase Details

Listed on
Oct 22, 2014
Closed on
Dec 1, 2014
Sold by
Perez Flor
Bought by
Funaro Alexander
Seller's Agent
Leslie Morrone
NON MBR Office
Buyer's Agent
Brittany Jones
BHHS Regency Real Estate
List Price
$33,000
Sold Price
$33,000

Purchase Details

Listed on
Oct 8, 2012
Closed on
May 10, 2013
Sold by
Merkel Bruce L
Bought by
Perez Flor
Seller's Agent
John Locher
BHHS Fox & Roach - Allentown
Buyer's Agent
Leslie Morrone
NON MBR Office
List Price
$40,000
Sold Price
$30,000
Premium/Discount to List
-$10,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%

Purchase Details

Closed on
Aug 18, 2008
Sold by
J P Morgan Chase Bank
Bought by
Merkel Bruce L

Purchase Details

Closed on
Aug 31, 2005
Sold by
Alkhal Karen N
Bought by
Rodriguez Ricardo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,450
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Tammany Llc $54,417 None Available
Funaro Alexander $33,000 None Available
Perez Flor $30,000 --
Merkel Bruce L $33,000 --
Rodriguez Ricardo A $70,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Ricardo A $63,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $155,000 +4.0% $120 / Sq Ft
01/17/2024 01/17/24 Pending -- -- --
01/09/2024 01/09/24 For Sale $149,000 0.0% $115 / Sq Ft
10/01/2021 10/01/21 Rented $1,150 0.0% --
09/10/2021 09/10/21 Under Contract -- -- --
09/03/2021 09/03/21 For Rent $1,150 0.0% --
07/25/2018 07/25/18 Sold $75,000 0.0% $57 / Sq Ft
06/07/2018 06/07/18 Pending -- -- --
01/13/2018 01/13/18 For Sale $75,000 +15.4% $57 / Sq Ft
08/11/2017 08/11/17 Sold $65,000 -5.1% $50 / Sq Ft
08/06/2017 08/06/17 Pending -- -- --
06/30/2017 06/30/17 For Sale $68,500 +74.3% $53 / Sq Ft
06/10/2016 06/10/16 Sold $39,299 +0.8% $25 / Sq Ft
04/28/2016 04/28/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $39,000 +18.2% $25 / Sq Ft
12/01/2014 12/01/14 Sold $33,000 0.0% $25 / Sq Ft
10/25/2014 10/25/14 Pending -- -- --
10/22/2014 10/22/14 For Sale $33,000 +10.0% $25 / Sq Ft
05/10/2013 05/10/13 Sold $30,000 -25.0% $23 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
10/08/2012 10/08/12 For Sale $40,000 -- $30 / 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 $1,803 $56,100 $3,700 $52,400
2024 $1,803 $56,100 $3,700 $52,400
2023 $1,803 $56,100 $3,700 $52,400
2022 $1,739 $56,100 $52,400 $3,700
2021 $1,704 $56,100 $3,700 $52,400
2020 $1,659 $56,100 $3,700 $52,400
2019 $1,631 $56,100 $3,700 $52,400
2018 $1,526 $56,100 $3,700 $52,400
2017 $1,486 $56,100 $3,700 $52,400
2016 -- $56,100 $3,700 $52,400
2015 -- $56,100 $3,700 $52,400
2014 -- $56,100 $3,700 $52,400
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2024

    Isa Peralta

    IronValley RE of Lehigh Valley

    (610) 766-7200

    10 in this area

    54 Total Sales

    Isa Peralta
    Section Image

  • J

    Buyer's Agent in 2024

    Joseph Jackson

    CENTURY 21 Keim Realtors

    (516) 233-8700

    9 in this area

    21 Total Sales

    Joseph Jackson
    Section Image

  • E

    Seller's Agent in 2021

    Elie Daher

    Keystone Prop Mngmnt&Maint LLC

    (610) 432-1553

    8 in this area

    15 Total Sales

    Elie Daher
    Section Image

  • C

    Seller Co-Listing Agent in 2021

    Carol Ryan

    West End Associates

    (610) 435-9669

    30 in this area

    50 Total Sales

    Carol Ryan
    Section Image
  • Felix Figueroa

    Seller's Agent in 2018

    Felix Figueroa

    BHHS Fox & Roach

    (484) 695-9912

    29 in this area

    128 Total Sales

    Felix Figueroa
    Section Image

  • A

    Buyer's Agent in 2018

    Alina King

    Iron Valley R E Northeast

    (484) 523-9921

    9 Total Sales

    Alina King
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 730437

Greater Lehigh Valley REALTORS®

APN: 640723021192-1

Pennsylvania Lehigh County Allentown 18102 Center City

407 N 4th St, Allentown, PA

This home is located at 407 N 4th St, Allentown, PA 18102 since 09 January 2024 and is currently estimated at $162,845, approximately $126 per square foot. This property was built in 1907. 407 N 4th St is a home located in Lehigh County with nearby schools including Central Elementary School, Harrison-Morton Middle School, and Louis E. Dieruff High School.

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