Seller's Agent in 2025
Barbara Detres
Harvey Z Raad Real Estate
(610) 433-5551
15 in this area
41 Total Sales
431 Tilghman St Allentown, PA 18102
Center City Neighborhood
3
Beds
4
Baths
3,126
Sq Ft
3,049
Sq Ft Lot
Highlights
- Commercial or Retail Space
- Baseboard Heating
- Satellite Dish
- Forced Air Heating and Cooling System
- 2 Car Garage
About This Home
As of September 2020Attention Investors! Commercial property with 2 residential units available. This property will not disappoint you! Commercial unit is currently a Barber Shop with 8 chairs in the front room and a rear section in used as a Barber School. Unit also has 2 half bathrooms and a private office area. Residential units consist of a 2 bedroom apartment on the 2nd floor and a 1 bedroom apartment on the 3rd floor. All 3 units have been meticulously maintained and cared for. Commercial unit has a new central air conditioning unit. Property has updated plumbing through out the entire property and both residential units have new flooring, new updated bathrooms, updated kitchens and appliances and much more. Whether you are looking to start a new business or you are adding an investment property to your portfolio, this is a great opportunity! Schedule your showing today!
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $3,588
Year Built
- Built in 1890
Lot Details
- 3,049 Sq Ft Lot
Parking
- 2 Car Garage
Home Design
- Commercial or Retail Space
- Mixed Use
- Brick Exterior Construction
Interior Spaces
- 3,126 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
Home Security
- Fire and Smoke Detector
- Fire Escape
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
- Baseboard Heating
- Satellite Dish
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 640714055055 001
Community Details
Overview
- 3 Units
Building Details
- Electric Expense $395
- Insurance Expense $3,100
- Water Sewer Expense $800
- Operating Expense $7,883
- Gross Income $31,320
- Net Operating Income $23,437
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 6, 2020
Closed on
Sep 14, 2020
Sold by
Lowe Marlan and Lowe Sherma
Bought by
Whitehall Realty Holdings Llc
Seller's Agent
Barbara Detres
Harvey Z Raad Real Estate
Buyer's Agent
Barbara Detres
Harvey Z Raad Real Estate
List Price
$249,900
Sold Price
$235,000
Premium/Discount to List
-$14,900
-5.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.53%
Original Mortgage
$164,500
Outstanding Balance
$147,630
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$268,464
Purchase Details
Closed on
Apr 13, 2009
Sold by
I B Property Holdings
Bought by
Lowe Marian
Purchase Details
Closed on
Mar 31, 2006
Sold by
Jaspea Group
Bought by
Mcmillon Jimmy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.37%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
May 29, 1987
Sold by
Topton Development Company
Bought by
Jaspea Group
Purchase Details
Closed on
May 27, 1987
Bought by
Topton Development Company
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $235,000 | The Settlement Company | |
| Warranty Deed | $70,000 | -- | |
| Deed | $150,000 | First American Title Ins Co | |
| Deed | $77,000 | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $164,500 | Commercial | |
| Previous Owner | $112,500 | Commercial | |
| Previous Owner | $35,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | For Sale | $399,900 | +70.2% | $128 / Sq Ft |
| 09/14/2020 09/14/20 | Sold | $235,000 | -6.0% | $75 / Sq Ft |
| 07/31/2020 07/31/20 | Pending | -- | -- | -- |
| 07/06/2020 07/06/20 | For Sale | $249,900 | -- | $80 / 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 | $3,887 | $116,500 | $15,200 | $101,300 |
| 2024 | $3,887 | $116,500 | $15,200 | $101,300 |
| 2023 | $3,887 | $116,500 | $15,200 | $101,300 |
| 2022 | $3,754 | $116,500 | $101,300 | $15,200 |
| 2021 | $3,681 | $116,500 | $15,200 | $101,300 |
| 2020 | $3,588 | $116,500 | $15,200 | $101,300 |
| 2019 | $3,531 | $116,500 | $15,200 | $101,300 |
| 2018 | $3,282 | $116,500 | $15,200 | $101,300 |
| 2017 | $3,201 | $116,500 | $15,200 | $101,300 |
| 2016 | -- | $116,500 | $15,200 | $101,300 |
| 2015 | -- | $116,500 | $15,200 | $101,300 |
| 2014 | -- | $116,500 | $15,200 | $101,300 |
Source: Public Records
Agents Affiliated with this Home
-
Barbara Detres
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 640613
APN: 640714055055-1
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