Seller's Agent in 2021
Kimberly Rabenold
Gene Durigan Real Estate
(610) 554-0794
23 in this area
140 Total Sales
424 N 2nd St Lehighton, PA 18235
Estimated Value: $155,000 - $356,000
--
Bed
--
Bath
4,510
Sq Ft
$64/Sq Ft
Est. Value
About This Home
As of September 2021Get your investor ready, they're gonna wanna see this Fully rented 4 apartment, plus garage investment property. All long term tenants with no rental payment disruptions during COVID moratoriums. Apartments are modern, heating system, roof and electric panels have all been updated within past 10 years. Please give plenty notice for showings.
Last Agent to Sell the Property
Gene Durigan Real Estate License #AB068942 Listed on: 08/30/2021
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $2,933
Year Built
- Built in 1920
Lot Details
- 0.27
Interior Spaces
- 4,510 Sq Ft Home
- 2-Story Property
- Washer and Dryer Hookup
Utilities
- No Cooling
- Heating System Uses Gas
- Shared Water Source
Additional Features
- Balcony
- 0.27 Acre Lot
Listing and Financial Details
- Assessor Parcel Number 70A11-30-U25
Community Details
Overview
- 4 Units
Building Details
- Insurance Expense $2,700
- Maintenance Expense $500
- Water Sewer Expense $2,040
- Operating Expense $9,200
- Gross Income $30,300
- Net Operating Income $21,100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 30, 2021
Closed on
Sep 16, 2021
Sold by
Rabenold Zach
Bought by
Gilgar Llc
Seller's Agent
Kimberly Rabenold
Gene Durigan Real Estate
Buyer's Agent
Timothy Klotz
TNT Premier Real Estate
List Price
$245,000
Sold Price
$250,000
Premium/Discount to List
$5,000
2.04%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,520
Avg. Annual Appreciation
3.79%
Original Mortgage
$225,000
Outstanding Balance
$204,733
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$85,787
Purchase Details
Listed on
Jul 14, 2015
Closed on
Oct 20, 2015
Sold by
Kratzer Todd S
Bought by
Rabenold Zach
Seller's Agent
Jim Madl
Weichert Realtors - Bethlehem
Buyer's Agent
Gail Christman
Gene Durigan Real Estate
List Price
$184,500
Sold Price
$175,000
Premium/Discount to List
-$9,500
-5.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
Original Mortgage
$171,830
Interest Rate
4.12%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 11, 2004
Bought by
Kratzer Todd S
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gilgar Llc | $250,000 | Paramount Abstract Inc | |
| Rabenold Zach | $175,000 | Attorney | |
| Kratzer Todd S | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gilgar Llc | $225,000 | |
| Previous Owner | Rabenold Zach | $171,830 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/17/2021 09/17/21 | Sold | $250,000 | +2.0% | $55 / Sq Ft |
| 09/01/2021 09/01/21 | Pending | -- | -- | -- |
| 08/30/2021 08/30/21 | For Sale | $245,000 | +40.0% | $54 / Sq Ft |
| 10/30/2015 10/30/15 | Sold | $175,000 | -5.1% | $38 / Sq Ft |
| 09/03/2015 09/03/15 | Pending | -- | -- | -- |
| 06/21/2015 06/21/15 | For Sale | $184,500 | -- | $40 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
Tax History Compared to Growth
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 | $3,232 | $40,515 | $5,650 | $34,865 |
| 2024 | $3,070 | $40,515 | $5,650 | $34,865 |
| 2023 | $3,039 | $40,515 | $5,650 | $34,865 |
| 2022 | $3,039 | $40,515 | $5,650 | $34,865 |
| 2021 | $2,933 | $40,515 | $5,650 | $34,865 |
| 2020 | $2,862 | $40,515 | $5,650 | $34,865 |
| 2019 | $2,740 | $40,515 | $5,650 | $34,865 |
| 2018 | $2,679 | $40,515 | $5,650 | $34,865 |
| 2017 | $2,659 | $40,515 | $5,650 | $34,865 |
| 2016 | -- | $40,515 | $5,650 | $34,865 |
| 2015 | -- | $40,515 | $5,650 | $34,865 |
| 2014 | -- | $40,515 | $5,650 | $34,865 |
Source: Public Records
Agents Affiliated with this Home
-
Kimberly Rabenold
-
Timothy Klotz
T
Buyer's Agent in 2021
Timothy Klotz
TNT Premier Real Estate
(570) 393-7722
23 in this area
161 Total Sales
-
Jim Madl
Seller's Agent in 2015
Jim Madl
Weichert Realtors - Bethlehem
(610) 868-5555
4 Total Sales
-
Gail Christman
Buyer's Agent in 2015
Gail Christman
Gene Durigan Real Estate
(610) 377-3118
47 in this area
209 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 678134
APN: 70A11-30-U25
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