$525,000
SOLD JAN 18, 2022
3 Beds
1.5 Baths
10,672 Sq Ft
0.55 Acres

Recently Sold

$49 Per Sq Ft

15% Below List Price

23 Days on Market

Highlights

  • Balcony
  • Commercial or Retail Space
  • 24 Car Garage
  • Ironton Elementary School Rated A
  • Central Air

About This Home

As of January 2022

The subject property consists of TWO contiguous parcels of land totaling a .55-acre site (23,928-SF) located on Mauch Chunk Rd. and Main Street in North Whitehall Township, Lehigh County PA. Parcel ONE identified as 4111 Mauch Road is 0.33–acres improved with a 3,204-SF masonry service repair garage built-in 1978. Parcel TWO identified as 4119 Mauch Chunk Rd. is 0.22–acres improved with a 7,468-SF mixed-use building functioning as an office, retail, and storage warehouse on the first floor with A spacious three bedroom and bath apartment on the second floor. Both parcels have existing multiple tenants and are currently on month-to-month leases at below-market rents. Opportunities exist for a gross potential income of approximately $84,000 annually. This is an ideal property for an owner-user or investor.

Last Agent to Sell the Property

ALONA LISKA

BHHS Fox & Roach - Allentown License #RS336665 Listed on: 11/13/2021

BHHS Fox & Roach - Allentown

Co-Listed By

Dave Fretz

BHHS Fox & Roach - Allentown License #AB066062

Last Buyer's Agent

ALONA LISKA

BHHS Fox & Roach - Allentown License #RS336665 Listed on: 11/13/2021

BHHS Fox & Roach - Allentown

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,554

Year Built

  • Built in 1978

Parking

  • 24 Car Garage

Home Design

  • 10,672 Sq Ft Home
  • Commercial or Retail Space
  • Mixed Use
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Utilities

  • Central Air
  • Heating System Uses Oil
  • Septic System

Additional Features

  • Washer and Dryer Hookup
  • Balcony
  • 0.55 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 547944120038001

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $3,202
  • Insurance Expense $3,528
  • Maintenance Expense $3,750
  • Manager Expense $3,881
  • Other Expense $1,164
  • Trash Expense $472
  • Water Sewer Expense $472
  • Operating Expense $33,373
  • Gross Income $83,475
  • Net Operating Income $50,084

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,554

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Commercial, Mixed Use
  • Technology: Smoke Detector Wired
  • County Assessment: 473200.00
  • Street Number Modifier: 4119
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Features: Balcony, Fire Escape, Wash/Dry Hook-ups
  • Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Square Footage: 10672

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Garage, Paved Lot
  • Parking Spaces: 24

Utilities

  • Cooling: Central AC
  • Heat Type: Oil
  • Sewer: Septic
  • Water: Public
  • Electric: 3202
  • Heat: 3600
  • Insurance: 3528
  • Trash Removal: 472
  • Water Sewer: 472

Condo/Co-op/Association

  • Lawn Snow Removal: 3750
  • Maintenance Repair: 3750
  • Management: 3881

Fee Information

  • Operating Expense: 33373

Schools

  • School District: Parkland

Lot Info

  • Acres: 0.550
  • Lot Sq Ft: 23958
  • Zoning Code: VC-VILLAGE CENTER

Rental Info

  • Other Expenses: 1164

Tax Info

  • Assessor Parcel Number: 547944120038001
  • County Taxes: 1788.70
  • Municipal Taxes: 283.92
  • Total Taxes: 9553.91

Multi Family

  • School Taxes: 7481.29
  • Total Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2021
Closed on
Jan 18, 2022
Sold by
Maria Sorrentino
Bought by
Capitalholdingsgroup Llc
Seller's Agent
ALONA LISKA
BHHS Fox & Roach - Allentown
Buyer's Agent
ALONA LISKA
BHHS Fox & Roach - Allentown
List Price
$615,000
Sold Price
$525,000
Premium/Discount to List
-$90,000
-14.63%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $525,000 Trident Land Transfer
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2022 01/18/22 Sold $525,000 -14.6% $49 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
11/13/2021 11/13/21 For Sale $615,000 -- $58 / 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 $4,575 $206,100 $47,400 $158,700
2024 $4,303 $206,100 $47,400 $158,700
2023 $4,180 $206,100 $47,400 $158,700
2022 $4,161 $206,100 $158,700 $47,400
2021 $4,161 $206,100 $47,400 $158,700
2020 $4,161 $206,100 $47,400 $158,700
2019 $4,052 $206,100 $47,400 $158,700
2018 $3,972 $206,100 $47,400 $158,700
2017 $3,914 $206,100 $47,400 $158,700
2016 -- $206,100 $47,400 $158,700
2015 -- $206,100 $47,400 $158,700
2014 -- $206,100 $47,400 $158,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 683319

Greater Lehigh Valley REALTORS®

APN: 547944120038-1