NOT LISTED FOR SALE
-- Beds
-- Baths
8,996 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: June 16, 2022

Last sale price $650,000 $72 Per Sq Ft

49 Days on Market

About This Home

As of June 2022

Fully occupied seven units for sale in Catasauqua, PA. The building consists of four (1) bedroom and two (2) Two-bedroom apartments. The building also has a ground-level commercial unit currently occupied by a laundromat. All the units, including the retail space, are separately metered. This building could be a value-add opportunity for the right investor.

Located across the street from the proposed development called Iron Work of Catasauqua, PA. Ten acres of the former industrial site will be redeveloped into a work-life center with residential, office, and retail.
The first phase of this project is already completed, which was an 11 million dollars municipal building housing its borough office, fire department, and police station, with more underway. Don’t miss out on this ground-level opportunity call today for more information.

Last Agent to Sell the Property

Ayon Codner

Keller Williams Allentown Listed on: 02/18/2022

Keller Williams Allentown

Last Buyer's Agent

Steve Gould

BHGRE Valley Partners - Emmaus License #RM424289

BHGRE Valley Partners - Emmaus
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $10,609

Year Built

  • Built in 1850

Lot Details

  • 7,405

Home Design

  • Mixed Use
  • Brick Exterior Construction

Parking

  • 3 Parking Spaces
  • Paved Parking

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 640808091575 001

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $465
  • Insurance Expense $4,493
  • Maintenance Expense $6,000
  • Other Expense $300
  • Trash Expense $1,444
  • Water Sewer Expense $4,570
  • Operating Expense $27,881
  • Gross Income $70,980
  • Net Operating Income $39,550

Property Details

Home Type

Apartment

Est. Annual Taxes

$10,609

Year Built

Built in 1850

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Commercial, Mixed Use
  • County Assessment: 342200.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1850
  • Year Built Exception: Unknown
  • Special Features: None

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 3

Utilities

  • Cooling: No Air
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Electric: 465
  • Insurance: 4493
  • Trash Removal: 1444
  • Water Sewer: 4570

Condo/Co-op/Association

  • Maintenance Repair: 6000

Fee Information

  • Operating Expense: 27881

Lot Info

  • Zoning Code: Dc-Downtown Commercial

Rental Info

  • Other Expenses: 300

Tax Info

  • Assessor Parcel Number: 640808091575 001
  • County Taxes: 1293.52
  • Municipal Taxes: 2515.17
  • Total Taxes: 10609.23

Multi Family

  • School Taxes: 6800.54
  • Total Units: 7
  • Total Unit Count: 7

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Jun 16, 2022
Sold by
William Deutsch Charles and Elizabe Sandra
Bought by
Seller's Agent
Ayon Codner
Keller Williams Allentown
Buyer's Agent
Steve Gould
BHGRE Valley Partners - Emmaus
List Price
$765,000
Sold Price
$650,000
Premium/Discount to List
-$115,000
-15.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$446,210
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2005
Sold by
Knauss Richard C and Knauss Lindasue A
Bought by
Deutsch Charles W and Deutsch Sandra E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
5.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 26, 1998
Sold by
Knauss Charles W and Knauss Evelyn G
Bought by
Knauss Richard C and Knauss Lindasue A

Purchase Details

Closed on
Dec 23, 1980
Bought by
Knauss Charles W and Knauss Evelyn G
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Catasauqua, PA

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$650,000 Bright Title And Settlement
Deutsch Charles W $340,000 --
Knauss Richard C -- --
Knauss Charles W $17,400 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $475,000
Previous Owner Deutsch Charles W $282,000
Previous Owner Deutsch Charles W $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/16/2022 06/16/22 Sold $650,000 -15.0% $72 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $765,000 0.0% $85 / Sq Ft
02/18/2022 02/18/22 For Sale $765,000 -- $85 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $14,328 $342,200 $22,600 $319,600
2025 $13,864 $342,200 $22,600 $319,600
2024 $13,546 $342,200 $22,600 $319,600
2023 $13,570 $342,200 $22,600 $319,600
2022 $10,609 $342,200 $319,600 $22,600
2021 $10,609 $342,200 $22,600 $319,600
2020 $10,229 $342,200 $22,600 $319,600
2019 $9,823 $342,200 $22,600 $319,600
2018 $9,288 $342,200 $22,600 $319,600
2017 $9,037 $342,200 $22,600 $319,600
2016 -- $342,200 $22,600 $319,600
2015 -- $342,200 $22,600 $319,600
2014 -- $342,200 $22,600 $319,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 688354

Greater Lehigh Valley REALTORS®

APN: 640808091575-1

Your Personal Tour Guide

Ask me questions while you tour the home.