NOT LISTED FOR SALE

Estimated Value: $163,000 - $201,000

2 Beds
1 Bath
960 Sq Ft
$191/Sq Ft Est. Value

Last Sold November 15, 2024

Last sale price $180,000 $188 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,111/month

8 Days on Market

About This Home

As of November 2024

Investment Opportunity: Fully Renovated Detached Bungalow in Allentown, PA Looking for a turn-key investment property? This detached bungalow in Allentown, PA, has been completely renovated and is ready to generate income! Featuring a brand-new kitchen, bathroom, windows, and flooring, this property is low-maintenance and ideal for tenants seeking modern living. The fenced-in front yard offers great curb appeal and outdoor space, making it attractive to renters. Additionally, the separate gravel parking area can accommodate up to 6 vehicles, offering potential for additional rental income from parking leases—perfect for those looking to maximize returns. Located close to Allentown's thriving amenities, including shopping, dining, and parks, this property is in a prime rental market. Allentown is experiencing a resurgence, with a growing downtown area and increasing demand for housing. Its proximity to major highways and cities like Philadelphia and New York makes it a smart investment with excellent appreciation potential. Whether you're looking to rent a home or generate extra income from the parking, this property offers a fantastic return on investment. Don’t miss out on this opportunity to own a fully updated property in an up-and-coming area!

Last Agent to Sell the Property

Isa Peralta

IronValley RE of Lehigh Valley License #RS348094 Listed on: 09/25/2024

IronValley RE of Lehigh Valley

Last Buyer's Agent

Dawn R. Miller

BetterHomes&GardensRE/Cassidon License #AB068493

BetterHomes&GardensRE/Cassidon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,755

Year Built

  • Built in 1900

Lot Details

  • 3,302 Sq Ft Lot
  • Property is zoned B1/R

Parking

  • 6 Parking Spaces

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 960 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Community Details

Listing and Financial Details

  • Assessor Parcel Number 549792964861001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,755

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Detached
  • County Assessment: 51400.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Square Footage: 960

Exterior Features

  • Construction: Vinyl

Garage/Parking

  • Parking Spaces: 6

Utilities

  • Cooling: Wall AC
  • Heat Type: Baseboard
  • Sewer: Public
  • Water: Public
  • Insurance: 1100

Fee Information

  • Operating Expense: 4936

Lot Info

  • Acres: 0.076
  • Lot Sq Ft: 3302
  • Zoning Code: B1/R

Tax Info

  • Assessor Parcel Number: 549792964861001
  • County Taxes: 194.00
  • Municipal Taxes: 397.00
  • Total Taxes: 1755.00

Multi Family

  • School Taxes: 1164.00
  • Total Units: 1
  • Total Unit Count: 1

MLS Schools

  • School District: Allentown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2024
Closed on
Nov 6, 2024
Sold by
E2e Investments Llc
Bought by
Gerlach Cecilia and Gerlach Hazel
Seller's Agent
Isa Peralta
IronValley RE of Lehigh Valley
Buyer's Agent
Dawn R. Miller
BetterHomes&GardensRE/Cassidon
List Price
$175,000
Sold Price
$180,000
Premium/Discount to List
$5,000
2.86%
Views
35
Current Estimated Value
$183,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,236
Avg. Annual Appreciation
1.76%
Original Mortgage
$174,600
Outstanding Balance
$172,926
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$10,310

Purchase Details

Listed on
Sep 1, 2020
Closed on
Feb 19, 2021
Sold by
Ott Michael J E and Ott Chelsea M
Bought by
E2e Investments Llc
Seller's Agent
Juan Morales
HomeStarr Realty
Buyer's Agent
Juan Morales
HomeStarr Realty
List Price
$119,000
Sold Price
$87,000
Premium/Discount to List
-$32,000
-26.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.33%
Original Mortgage
$60,900
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 23, 2014
Sold by
Ott Michael J E
Bought by
Ott Michael J E and Ott Chelsea M

Purchase Details

Closed on
Dec 10, 2012
Sold by
Hand Made Enterprises
Bought by
Ott Michael J E

Purchase Details

Closed on
May 6, 2004
Sold by
Commonwealth Real Estate Investment Co I
Bought by
Pons Victorio T and Pons Roberto Gonzalo

Purchase Details

Closed on
Nov 5, 2001
Sold by
Martel Michael
Bought by
Manufacturers & Traders Trust Company

Purchase Details

Closed on
Jul 14, 1999
Sold by
Williams Thomas P and Williams Tina M
Bought by
Martel Michael
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 Buyer Sale Price Title Company
Gerlach Cecilia $180,000 Liberty Abstract
Gerlach Cecilia $180,000 Liberty Abstract
E2e Investments Llc $87,000 Quant Oak Abstract Llc
Ott Michael J E -- None Available
Ott Michael J E $4,800 --
Pons Victorio T $27,500 --
Manufacturers & Traders Trust Company -- --
Martel Michael $45,000 --
Williams Thomas P $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerlach Cecilia $174,600
Closed Gerlach Cecilia $174,600
Previous Owner E2e Investments Llc $60,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2024 11/15/24 Sold $180,000 +2.9% $188 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
09/25/2024 09/25/24 For Sale $175,000 +101.1% $182 / Sq Ft
02/12/2021 02/12/21 Sold $87,000 -24.3% $73 / Sq Ft View Prior Sale
11/30/2020 11/30/20 Pending -- -- --
11/02/2020 11/02/20 Price Changed $115,000 -3.4% $96 / Sq Ft
09/01/2020 09/01/20 For Sale $119,000 -- $99 / 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 $1,755 $51,400 $8,800 $42,600
2024 $1,755 $51,400 $8,800 $42,600
2023 $1,755 $51,400 $8,800 $42,600
2022 $1,696 $51,400 $42,600 $8,800
2021 $1,664 $51,400 $8,800 $42,600
2020 $564 $14,000 $8,800 $5,200
2019 $557 $14,000 $8,800 $5,200
2018 $500 $14,000 $8,800 $5,200
2017 $490 $14,000 $8,800 $5,200
2016 -- $14,000 $8,800 $5,200
2015 -- $14,000 $8,800 $5,200
2014 -- $14,000 $8,800 $5,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 745594

Greater Lehigh Valley REALTORS®

APN: 549792964861-1