$155,000
SOLD JAN 13, 2025
5 Beds
1.5 Baths
1,968 Sq Ft
1,843 Sq Ft Lot

Recently Sold

$79 Per Sq Ft

8% Below List Price

10 Days on Market

About This Home

As of January 2025

Don't miss this rare opportunity in the heart of Allentown, PA! This low-maintenance, income-producing property currently generates $1,800/month in reliable rental income from a long-term tenant (over 8 years) under a Section 8 lease. With 1,968 sq. ft., this spacious 5-bedroom, 1.5-bath classic Allentown row home offers significant potential for an investor ready to add value and build equity. Perfectly positioned just minutes from local amenities, this home is priced to sell quickly. Schedule your showing today and seize the chance to make this solid investment yours!

Last Agent to Sell the Property

Rami Mamari

Mamari Realty License #SB065760 Listed on: 10/25/2024

Last Buyer's Agent

Elias Boutros

TSB Property

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1890

Lot Details

  • 1,843 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,968 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • No Cooling
  • Heating Available

Community Details

  • Gross Income $21,600

Listing and Financial Details

  • Assessor Parcel Number 640713289437001

Townhouse Details

Home Type

Townhome

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row/Townhouse
  • County Assessment: 64600.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1890
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 5
  • Square Footage: 1968

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking Spaces: 2

Utilities

  • Cooling: No Air
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public

Lot Info

  • Acres: 0.042
  • Lot Sq Ft: 1843
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 640713289437001

Multi Family

  • Total Units: 1
  • Total Unit Count: 1

MLS Schools

  • School District: Allentown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2024
Closed on
Jan 10, 2025
Sold by
Azar Fouad J
Bought by
Magar Mina and Magar Mark
Seller's Agent
Rami Mamari
Mamari Realty
Buyer's Agent
Elias Boutros
TSB Property
List Price
$169,000
Sold Price
$155,000
Premium/Discount to List
-$14,000
-8.28%
Views
21
Current Estimated Value
$169,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,805
Avg. Annual Appreciation
10.67%
Original Mortgage
$124,000
Outstanding Balance
$123,119
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$46,686

Purchase Details

Closed on
Dec 4, 2015
Sold by
Knauss Agnes M and Knauss David
Bought by
Azar Fouad J

Purchase Details

Closed on
Jan 24, 1964
Bought by
Knauss William E and Knauss Agnes M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $155,000 Abe Settlement Services
Deed $25,000 None Available
Deed $9,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $124,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2025 01/13/25 Sold $155,000 -8.3% $79 / Sq Ft
11/04/2024 11/04/24 Pending -- -- --
10/25/2024 10/25/24 For Sale $169,000 -- $86 / 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 $2,094 $64,600 $5,200 $59,400
2024 $2,094 $64,600 $5,200 $59,400
2023 $2,094 $64,600 $5,200 $59,400
2022 $2,020 $64,600 $59,400 $5,200
2021 $1,980 $64,600 $5,200 $59,400
2020 $1,928 $64,600 $5,200 $59,400
2019 $1,897 $64,600 $5,200 $59,400
2018 $1,771 $64,600 $5,200 $59,400
2017 $1,726 $64,600 $5,200 $59,400
2016 -- $64,600 $5,200 $59,400
2015 -- $64,600 $5,200 $59,400
2014 -- $64,600 $5,200 $59,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 747590

Greater Lehigh Valley REALTORS®

APN: 640713289437-1