$270,000
SOLD OCT 3, 2024
6 Beds
2 Baths
2,352 Sq Ft
5,719 Sq Ft Lot

Recently Sold

$115 Per Sq Ft

15% Below List Price

24 Days on Market

About This Home

As of October 2024

Welcome to Pen Argyl Borough! LIVE IN ONE SIDE & RENT THE OTHER OR ADD TO YOUR PORTFOLIO!! This Duplex/Twin sits on a quiet street! Each unit mirror's each other, 407 has been recently renovated. Each unit has misc. updates, windows/doors/kitchens/flooring etc. Inside both you'll find a generous size living room flowing to a dining room & kitchen. Upstairs are TWO large bedrooms & ONE smaller sized bedroom; Three total. ONE full bathroom upstairs. There is a small fenced in back yard. Public utilities! Building need some TLC, is also wood sided & was painted last year will eventually need to be sided. BIG UPSIDE WITH LOTS OF POTENTIAL!

Last Agent to Sell the Property

Russell Horn

Country Classic Real Estate Listed on: 07/16/2024

Co-Listed By

Terry Abramson

Country Classic Real Estate

Last Buyer's Agent

Aubrey Hendricks

House & Land Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,458

Year Built

  • Built in 1900

Lot Details

  • 5,719 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 2,352 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number E8NE2D 6 7 0625

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $2,330
  • Water Sewer Expense $2,432
  • Operating Expense $11,730
  • Gross Income $33,600
  • Net Operating Income $28,838

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,458

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Both Halves, Duplex/Both Halves
  • County Assessment: 42900.00
  • Stories: 2.0
  • Street Number Modifier: 409
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 6
  • Square Footage: 2352

Garage/Parking

  • Parking Spaces: 2

Utilities

  • Cooling: Ceiling Fans
  • Heat Type: Forced Air, Oil
  • Sewer: Public
  • Water: Public
  • Insurance: 2330
  • Water Sewer: 2432

Fee Information

  • Operating Expense: 11730

Schools

  • School District: Pen Argyl

Lot Info

  • Acres: 0.131
  • Lot Sq Ft: 5719
  • Zoning Code: R-7.8-MEDIUM DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: E8NE2D 6 7 0625
  • County Taxes: 463.32
  • Municipal Taxes: 557.70
  • Total Taxes: 3457.74

Multi Family

  • School Taxes: 2436.72
  • Total Units: 2
  • Total Unit Count: 2

MLS Schools

  • School District: Pen Argyl

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2024
Closed on
Oct 1, 2024
Sold by
Horn Keith R and Horn Hope E
Bought by
Hero Real Estate Llc
Seller's Agent
Russell Horn
Country Classic Real Estate
Buyer's Agent
Aubrey Hendricks
House & Land Real Estate
List Price
$319,000
Sold Price
$270,000
Premium/Discount to List
-$49,000
-15.36%
Views
18
Current Estimated Value
$267,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,693
Avg. Annual Appreciation
0.19%
Original Mortgage
$216,000
Outstanding Balance
$208,096
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$62,387

Purchase Details

Closed on
Aug 31, 2022
Sold by
Kbr Rental Properties Inc
Bought by
Horn Keith R and Horn Hope E

Purchase Details

Closed on
Aug 2, 2001
Sold by
Angle Ronald L
Bought by
Kbr Rental Properties
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Special Warranty Deed $270,000 Vast Abstract
Deed $178,000 --
Deed $250,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $216,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2024 10/30/24 Off Market $1,600 -- --
10/17/2024 10/17/24 For Rent $1,600 0.0% --
10/03/2024 10/03/24 Sold $270,000 0.0% $115 / Sq Ft
10/03/2024 10/03/24 Sold $270,000 -9.7% $115 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
08/09/2024 08/09/24 Pending -- -- --
07/22/2024 07/22/24 Price Changed $299,000 0.0% $127 / Sq Ft
07/22/2024 07/22/24 Price Changed $299,000 -6.3% $127 / Sq Ft
07/16/2024 07/16/24 For Sale $319,000 0.0% $136 / Sq Ft
07/15/2024 07/15/24 For Sale $319,000 0.0% $136 / Sq Ft
11/18/2023 11/18/23 Rented $1,475 0.0% --
10/28/2023 10/28/23 Price Changed $1,475 -7.8% $1 / Sq Ft
10/25/2023 10/25/23 For Rent $1,600 -- --
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 $463 $42,900 $16,100 $26,800
2024 $3,469 $42,900 $16,100 $26,800
2023 $3,469 $42,900 $16,100 $26,800
2022 $3,426 $42,900 $16,100 $26,800
2021 $3,469 $42,900 $16,100 $26,800
2020 $3,469 $42,900 $16,100 $26,800
2019 $3,380 $42,900 $16,100 $26,800
2018 $3,266 $42,900 $16,100 $26,800
2017 $3,204 $42,900 $16,100 $26,800
2016 -- $42,900 $16,100 $26,800
2015 -- $42,900 $16,100 $26,800
2014 -- $42,900 $16,100 $26,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 741822

Greater Lehigh Valley REALTORS®

APN: E8NE2D-6-7-0625