NOT LISTED FOR SALE

Estimated Value: $136,000 - $167,000

-- Bed
1 Bath
963 Sq Ft
$159/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $90,000 $93 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $918/month

45 Days on Market

About This Home

As of May 2021

Cash Flowing 3 bedroom, 1.5 bath in Allentown - Can be Sold Individually or Part of Portfolio of SIX SFHs (see agent remarks). Package properties in Easton and Allentown. This property is fully occupied and leased through November of 2021. Tenants pay all utilities. Plenty of value add potential - don't miss out on this SFH or package deal!

Last Agent to Sell the Property

Jennifer DeJesus

Steel City Realty Listed on: 03/10/2021

Last Buyer's Agent

Jennifer DeJesus

Steel City Realty Listed on: 03/10/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $967

Year Built

  • Built in 1908

Lot Details

  • 651 Sq Ft Lot
  • Lot Dimensions are 11.42 x 57.00

Parking

  • On-Street Parking

Home Design

  • Side-by-Side
  • Stucco

Interior Spaces

  • 963 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Electric Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 034
  • Assessor Parcel Number 640733589876-00001

Community Details

Overview

  • No Home Owners Association

Building Details

  • Income includes apartment rentals
  • Operating Expense $1,466
  • Net Operating Income $9,734

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$967

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1908
  • Automatically Close On Close Date: Yes
  • Remarks Public: Cash Flowing 3 bedroom, 1.5 bath in Allentown - Can be Sold Individually or Part of Portfolio of SIX SFHs (see agent remarks). Package properties in Easton and Allentown. This property is fully occupied and leased through November of 2021. Tenants pay all utilities. Plenty of value add potential - don't miss out on this SFH or package deal!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 963
  • Living Area Sq Ft: 963
  • Price Per Sq Ft: 92.42
  • Above Grade Finished Sq Ft: 963
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 414

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: ALLENTOWN
  • School District Key: 300200397387
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 29900.00
  • Land Assessed Value: 2000.00
  • Land Use Code: 1103
  • Lot Size Acres: 0.01
  • Lot Dimensions: 11.42 x 57.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 651.00
  • Year Assessed: 2021
  • Zoning: R-MH

Rental Info

  • Owner Pays: None
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3946650
  • School Tax: 666.00
  • Tax Annual Amount: 967.00
  • Assessor Parcel Number: 640733589876-00001
  • Tax Lot: 034
  • Tax Total Finished Sq Ft: 963
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/07/2021

Multi Family

  • Gross Income: 11200.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 1466.00

MLS Schools

  • School District Name: ALLENTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2021
Closed on
May 7, 2021
Sold by
Rhen Justin
Bought by
Sigmal Llc
Seller's Agent
Jennifer DeJesus
Steel City Realty
Buyer's Agent
Jennifer DeJesus
Steel City Realty
List Price
$95,000
Sold Price
$90,000
Premium/Discount to List
-$5,000
-5.26%
Current Estimated Value
$153,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,035
Avg. Annual Appreciation
13.08%

Purchase Details

Listed on
Feb 10, 2016
Closed on
Apr 28, 2016
Sold by
Livingston Holdings Lp
Bought by
Rhen Justin
Seller's Agent
Charalambos Papageorgiou
Emerald Realty Group
Buyer's Agent
Jennifer de Jesus
Steel City Realty
List Price
$39,900
Sold Price
$37,000
Premium/Discount to List
-$2,900
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.37%
Original Mortgage
$50,000
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 30, 2013
Sold by
Metro Capital Llc
Bought by
Livingston Holdings Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.24%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Sep 11, 2012
Closed on
Oct 9, 2012
Sold by
Bank Of America
Bought by
Metro Capital Llc
Seller's Agent
James Blewitt
Kay Builders, Inc.
Buyer's Agent
James Blewitt
Kay Builders, Inc.
List Price
$7,300
Sold Price
$10,000
Premium/Discount to List
$2,700
36.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.71%

Purchase Details

Closed on
Jun 7, 2012
Sold by
Rossi Sheriff Ronald W and Albajali Mashhour M
Bought by
Bank Of America

Purchase Details

Closed on
Jul 21, 1994
Bought by
Downey Lawrence J
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 Buyer Sale Price Title Company
Sigmal Llc $90,000 The Settlement Company
Rhen Justin $37,000 None Available
Livingston Holdings Lp $31,900 None Available
Metro Capital Llc $10,000 --
Bank Of America -- --
Downey Lawrence J $18,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rhen Justin $33,750
Previous Owner Rhen Justin $50,000
Previous Owner Livingston Holdings Lp $400,000
Previous Owner Hajjar Wissam $13,000
Previous Owner Albajali Mashhour M $48,800
Previous Owner Bajali Mashhor Zaki Al $47,268
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $90,000 +1.1% $93 / Sq Ft
04/24/2021 04/24/21 Pending -- -- --
04/16/2021 04/16/21 Price Changed $89,000 -6.3% $92 / Sq Ft
03/31/2021 03/31/21 For Sale $95,000 0.0% $99 / Sq Ft
03/21/2021 03/21/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $95,000 0.0% $99 / Sq Ft
07/15/2016 07/15/16 Rented $850 -97.7% --
06/09/2016 06/09/16 Under Contract -- -- --
04/29/2016 04/29/16 Sold $37,000 0.0% $38 / Sq Ft
04/29/2016 04/29/16 For Rent $850 0.0% --
03/25/2016 03/25/16 Pending -- -- --
02/10/2016 02/10/16 For Sale $39,900 +299.0% $41 / Sq Ft
11/06/2012 11/06/12 Sold $10,000 +37.0% $10 / Sq Ft
09/18/2012 09/18/12 Pending -- -- --
09/11/2012 09/11/12 For Sale $7,300 -- $8 / Sq Ft
Source: Bright MLS

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 $1,023 $31,900 $2,000 $29,900
2024 $1,023 $31,900 $2,000 $29,900
2023 $1,023 $31,900 $2,000 $29,900
2022 $987 $31,900 $29,900 $2,000
2021 $967 $31,900 $2,000 $29,900
2020 $941 $31,900 $2,000 $29,900
2019 $926 $31,900 $2,000 $29,900
2018 $866 $31,900 $2,000 $29,900
2017 $844 $31,900 $2,000 $29,900
2016 -- $31,900 $2,000 $29,900
2015 -- $31,900 $2,000 $29,900
2014 -- $31,900 $2,000 $29,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALH116174

Bright MLS

APN: 640733589876-1