NOT LISTED FOR SALE

414 W High St Nazareth, PA 18064

Estimated Value: $233,812 - $471,000

10 Beds
6.5 Baths
1,751 Sq Ft
$201/Sq Ft Est. Value

Last Sold December 02, 2022

Last sale price $470,000 $268 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $1,982/month

121 Days on Market

Highlights

  • Forced Air Heating System
  • Baseboard Heating
  • 20 Car Garage
  • Floyd R. Shafer Elementary School Rated A-

About This Home

As of December 2022

Attention Investors! Three building, 6-unit multifamily consisting of a 3-unit building, a 2-unit building, and single family ranch at the rear of the property. Long-term tenants in-place and a 7%+ Cap rate. *See Agent Remarks

Last Agent to Sell the Property

Tom McGrew

AllCountyLehighValleyPropMgmt Listed on: 04/09/2022

Last Buyer's Agent

Kerry Bassett

Coldwell Banker Hearthside

Coldwell Banker Hearthside

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,778

Year Built

  • Built in 1930

Lot Details

  • 0.41

Parking

  • 20 Car Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 10 Bedrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Shared Water Source
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number J7 10 26 0421

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $522
  • Insurance Expense $2,861
  • Maintenance Expense $500
  • Trash Expense $2,160
  • Operating Expense $21,057
  • Gross Income $68,580
  • Net Operating Income $47,523

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,778

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 105000.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Bathrooms: Semi Modern
  • Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Bedrooms: 10

Exterior Features

  • Construction: Brick, Vinyl

Garage/Parking

  • Parking: Garage, Paved Lot
  • Parking Spaces: 20

Utilities

  • Cooling: Window AC
  • Heat Type: Baseboard, Electric, Forced Air, Oil
  • Sewer: Septic
  • Water: Shared, Well
  • Electric: 522
  • Heat: 5502
  • Insurance: 2861
  • Trash Removal: 2160

Condo/Co-op/Association

  • Lawn Snow Removal: 2256
  • Maintenance Repair: 500

Fee Information

  • Operating Expense: 21057

Schools

  • School District: Nazareth

Lot Info

  • Zoning Code: R10-LOW DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: J7 10 26 0421
  • County Taxes: 1134.00
  • Municipal Taxes: 1680.00
  • Total Taxes: 8778.00

Multi Family

  • School Taxes: 5964.00
  • Total Units: 6
  • Total Unit Count: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2022
Closed on
Nov 29, 2022
Sold by
Takazawa Tadashi J
Bought by
Rima Property Management Llc
Seller's Agent
Tom McGrew
AllCountyLehighValleyPropMgmt
Buyer's Agent
Kerry Bassett
Coldwell Banker Hearthside
List Price
$649,900
Sold Price
$470,000
Premium/Discount to List
-$179,900
-27.68%
Views
3
Current Estimated Value
$352,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$117,297
Avg. Annual Appreciation
-9.90%
Original Mortgage
$330,000
Outstanding Balance
$321,722
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$34,047

Purchase Details

Listed on
Jan 9, 2021
Closed on
Mar 4, 2021
Sold by
Kondouz Ismet M and Kondouz Acibe K
Bought by
Takazawa Tadashi J and Chen Jean I
Seller's Agent
Mehmedali Kondouz
BHHS - Choice Properties
Buyer's Agent
Amy Templeton
Home Team Real Estate
List Price
$535,000
Sold Price
$495,000
Premium/Discount to List
-$40,000
-7.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.92%
Original Mortgage
$198,750
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1999
Bought by
Kondouzov Daniel and Kondouzov Anelia

Purchase Details

Closed on
May 1, 1982
Bought by
Not Provided
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 Buyer Sale Price Title Company
Rima Property Management Llc $470,000 Legacy Title
Takazawa Tadashi J $265,000 Realty Abstract Inc
Kondouzov Daniel $190,000 --
Not Provided $76,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rima Property Management Llc $330,000
Previous Owner Takazawa Tadashi J $198,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2022 12/02/22 Sold $470,000 -14.5% $268 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
06/13/2022 06/13/22 Price Changed $549,900 -8.3% $314 / Sq Ft
05/11/2022 05/11/22 Price Changed $599,900 -7.7% $343 / Sq Ft
04/09/2022 04/09/22 For Sale $649,900 +31.3% $371 / Sq Ft
03/04/2021 03/04/21 Sold $495,000 -7.5% $110 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
01/09/2021 01/09/21 For Sale $535,000 -- $119 / 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 $415 $38,400 $18,300 $20,100
2024 $3,276 $38,400 $18,300 $20,100
2023 $3,210 $38,400 $18,300 $20,100
2022 $4,857 $58,100 $18,300 $39,800
2021 $4,854 $58,100 $18,300 $39,800
2020 $4,854 $58,100 $18,300 $39,800
2019 $4,781 $58,100 $18,300 $39,800
2018 $4,681 $58,100 $18,300 $39,800
2017 $4,609 $58,100 $18,300 $39,800
2016 -- $58,100 $18,300 $39,800
2015 -- $58,100 $18,300 $39,800
2014 -- $58,100 $18,300 $39,800
Source: Public Records

Agents Affiliated with this Home

  • Tom McGrew

    Seller's Agent in 2022

    Tom McGrew

    AllCountyLehighValleyPropMgmt

    (484) 261-6800

    2 in this area

    12 Total Sales

    Section Image

  • K

    Buyer's Agent in 2022

    Kerry Bassett

    Coldwell Banker Hearthside

    (610) 465-5600

    1 in this area

    28 Total Sales

    Section Image
  • Mehmedali Kondouz

    Seller's Agent in 2021

    Mehmedali Kondouz

    BHHS - Choice Properties

    (484) 767-8836

    3 in this area

    16 Total Sales

    Section Image

  • A

    Buyer's Agent in 2021

    Amy Templeton

    Home Team Real Estate

    (610) 419-8888

    2 in this area

    20 Total Sales

    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 690821

Greater Lehigh Valley REALTORS®

APN: J7-10-26-0421

Pennsylvania Northampton County Nazareth 18064

414 W High St, Nazareth, PA

This home is located at 414 W High St, Nazareth, PA 18064 since 09 April 2022 and is currently estimated at $352,703, approximately $201 per square foot. This property was built in 1930. 414 W High St is a home located in Northampton County with nearby schools including Floyd R. Shafer Elementary School, Nazareth Area Middle School, and Nazareth Area High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Lehigh Valley REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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