NOT LISTED FOR SALE

Estimated Value: $281,000 - $339,000

3 Beds
3 Baths
2,112 Sq Ft
$144/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $256,000 $121 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,661/month

15 Days on Market

About This Home

As of May 2022

GREAT INVESTMENT OPPORTUNITY 3 UNIT BUILDING FULLY OCCUPIED WITH 3 LONG TERM TENANTS
EASY COMMUTE TO NJ, QUIET PRIVATE STREET. CORNER BUILDING. HISTORIC CHARM AND DETAILS
EASY MONEY MAKER

Last Agent to Sell the Property

Kelly Matthews

Country Classic Real Estate License #RS346880 Listed on: 03/12/2022

Last Buyer's Agent

Shay Shimon

Setton Realty License #AB069637

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,993

Year Built

  • Built in 1900

Lot Details

  • 4,600 Sq Ft Lot
  • Historic Home

Interior Spaces

  • 2,112 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number E8NE2D 14 25 0625

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $600
  • Insurance Expense $1,000
  • Water Sewer Expense $2,500
  • Operating Expense $8,000
  • Gross Income $28,800
  • Net Operating Income $20,800

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,993

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 50000.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Features: Hardwood, Historic
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 3
  • Square Footage: 2112

Exterior Features

  • Construction: Aluminum

Utilities

  • Cooling: Wall AC
  • Heat Type: Oil
  • Sewer: Public
  • Water: Public
  • Electric: 600
  • Heat: 3500
  • Insurance: 1000
  • Water Sewer: 2500

Condo/Co-op/Association

  • Lawn Snow Removal: 600

Fee Information

  • Operating Expense: 8000

Schools

  • School District: Pen Argyl

Lot Info

  • Acres: 0.106
  • Lot Sq Ft: 4600
  • Zoning Code: R-7.8-MEDIUM DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: E8NE2D 14 25 0625
  • County Taxes: 540.00
  • Municipal Taxes: 650.00
  • Total Taxes: 3993.00

Multi Family

  • School Taxes: 2803.00
  • Total Units: 3
  • Total Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2022
Closed on
May 20, 2022
Sold by
Matthews Kelly A
Bought by
Yakar Eran and Swart Tara
Seller's Agent
Kelly Matthews
Country Classic Real Estate
Buyer's Agent
Shay Shimon
Setton Realty
List Price
$249,900
Sold Price
$256,000
Premium/Discount to List
$6,100
2.44%
Current Estimated Value
$303,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,311
Avg. Annual Appreciation
7.43%
Original Mortgage
$192,000
Outstanding Balance
$182,917
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$142,134

Purchase Details

Listed on
Oct 8, 2018
Closed on
Nov 20, 2018
Sold by
Morgan Dennis P
Bought by
Matthews Kelly A and Kuchavik Mathew J
Seller's Agent
Ron Decesare
Great American Real Estate Co
Buyer's Agent
Ron Decesare
Great American Real Estate Co
List Price
$135,000
Sold Price
$133,000
Premium/Discount to List
-$2,000
-1.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.90%

Purchase Details

Closed on
Aug 1, 1991
Sold by
Morgan Dennis P
Bought by
Morgan Dennis P
Source: Public Records

Range of Values:

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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
Yakar Eran $256,000 None Listed On Document
Matthews Kelly A $133,000 None Available
Morgan Dennis P $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yakar Eran $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $256,000 +2.4% $121 / Sq Ft
03/27/2022 03/27/22 Pending -- -- --
03/12/2022 03/12/22 For Sale $249,900 +87.9% $118 / Sq Ft
12/07/2018 12/07/18 Sold $133,000 0.0% $63 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
10/15/2018 10/15/18 Off Market $133,000 -- --
10/08/2018 10/08/18 For Sale $135,000 -- $64 / 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 $540 $50,000 $14,200 $35,800
2024 $4,043 $50,000 $14,200 $35,800
2023 $4,043 $50,000 $14,200 $35,800
2022 $3,993 $50,000 $14,200 $35,800
2021 $4,043 $50,000 $14,200 $35,800
2020 $4,043 $50,000 $14,200 $35,800
2019 $3,940 $50,000 $14,200 $35,800
2018 $3,807 $50,000 $14,200 $35,800
2017 $3,735 $50,000 $14,200 $35,800
2016 -- $50,000 $14,200 $35,800
2015 -- $50,000 $14,200 $35,800
2014 -- $50,000 $14,200 $35,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 689253

Greater Lehigh Valley REALTORS®

APN: E8NE2D-14-25-0625