Seller's Agent in 2018
Randy Beitler
HowardHanna TheFrederickGroup
(610) 393-9629
116 Total Sales
428 S 7th St Lehighton, PA 18235
Estimated Value: $1,924,810
--
Bed
--
Bath
10,396
Sq Ft
$185/Sq Ft
Est. Value
Highlights
- 1.19 Acre Lot
- Forced Air Heating and Cooling System
- 1-Story Property
- Commercial or Retail Space
- Wall to Wall Carpet
About This Home
As of July 2018Wonderful office investment property which was totally rehabbed around 2008. Tenants consist of 2 long term county agencies and offers approximately 6,847 sq. ft. of unfinished space. Once that building is fully occupied it will provide an exceptional cash flow. The sale includes 2 properties - the building on .78 acres with 13 parking spaces and a .41 acre, 19 space parking lot across the street.
Co-Listed By
Robert Bury
HowardHanna TheFrederickGroup
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,794
Lot Details
- 1.19 Acre Lot
Home Design
- Commercial or Retail Space
- Brick Exterior Construction
- Stucco Exterior Insulation and Finish Systems
Interior Spaces
- 10,396 Sq Ft Home
- 1-Story Property
- Wall to Wall Carpet
Parking
- 33 Parking Spaces
- Paved Parking
- Off-Site Parking
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 84A6-28-C23
Community Details
Overview
- 3 Units
Building Details
- Electric Expense $1,635
- Insurance Expense $1,923
- Operating Expense $16,209
- Gross Income $227,538
- Net Operating Income $211,329
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 25, 2018
Closed on
Jul 16, 2018
Sold by
Pielmeier Karl and Estate Of Peter J Turko
Bought by
Averroes Estate Llc
Seller's Agent
Randy Beitler
HowardHanna TheFrederickGroup
Buyer's Agent
Randy Beitler
HowardHanna TheFrederickGroup
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
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
$924,810
Avg. Annual Appreciation
9.27%
Original Mortgage
$970,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 19, 2009
Sold by
Turko Peter J and Turko Jill A
Bought by
Turko Peter J
Purchase Details
Closed on
Oct 30, 2008
Sold by
Chain and Chain
Bought by
Turko Peter J Turko and Turko Jill A
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Averroes Estate Llc | $1,000,000 | Penntitle Co | |
| Turko Peter J | -- | None Available | |
| Turko Peter J Turko | $305,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Averroes Estate Llc | $970,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2018 07/16/18 | Sold | $1,000,000 | -9.1% | $96 / Sq Ft |
| 01/25/2018 01/25/18 | Pending | -- | -- | -- |
| 01/25/2018 01/25/18 | For Sale | $1,100,000 | -- | $106 / 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 | $27,858 | $349,250 | $14,400 | $334,850 |
| 2024 | $26,461 | $349,250 | $14,400 | $334,850 |
| 2023 | $13,244 | $176,550 | $14,400 | $162,150 |
| 2022 | $13,244 | $176,550 | $14,400 | $162,150 |
| 2021 | $12,780 | $176,550 | $14,400 | $162,150 |
| 2020 | $12,470 | $176,550 | $14,400 | $162,150 |
| 2019 | $11,940 | $176,550 | $14,400 | $162,150 |
| 2018 | $11,675 | $176,550 | $14,400 | $162,150 |
| 2017 | $11,587 | $176,550 | $14,400 | $162,150 |
| 2016 | -- | $176,550 | $14,400 | $162,150 |
| 2015 | -- | $176,550 | $14,400 | $162,150 |
| 2014 | -- | $176,550 | $14,400 | $162,150 |
Source: Public Records
Agents Affiliated with this Home
-
Randy Beitler
-
R
Seller Co-Listing Agent in 2018
Robert Bury
HowardHanna TheFrederickGroup
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 568696
APN: 84A6-28-C23
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