NOT LISTED FOR SALE

44 N 8th St Allentown, PA 18101

Center City Neighborhood

Estimated Value: $424,117

4 Beds
4 Baths
3,698 Sq Ft
$115/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $295,000 $80 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,890/month

437 Days on Market

Highlights

  • Patio
  • Central Air
  • Heating Available

About This Home

As of April 2021

Right across the street from the PPL Center! Great location for many possibilities and lots of new construction and developments in the area. Restaurant on the 1st floor with a 2 year lease bringing in $1,500 a month and an apartment above was rented for $1,400 per month. Apartment upstairs can be converted into two apartments making this building a 3 unit, owner has gotten the ok to do so but has not. Great corner investment property on a very busy street. Construction is ongoing and continues to grow in the City of Allentown. Own this great property in the heart of Allentown!

Last Agent to Sell the Property

Kelvin Diaz

Allentown City Realty License #AB069592 Listed on: 12/13/2019

Co-Listed By

Carlos Nunez

Allentown City Realty License #RM423755

Last Buyer's Agent

Patricia Karedis

HowardHanna TheFrederickGroup

HowardHanna TheFrederickGroup

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,153

Year Built

  • Built in 1900

Lot Details

  • 3,223 Sq Ft Lot
  • Lot Dimensions are 27.08 x 111.25

Home Design

  • Brick Exterior Construction
  • Stone

Interior Spaces

  • 3,698 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

Parking

  • 6 Parking Spaces
  • Carport

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heating Available

Community Details

  • 2 Units
  • Gross Income $34,800
  • Fire Escape

Listing and Financial Details

  • Assessor Parcel Number 640700267328001

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,153

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial, Row-End Unit, Semi Detached/Twin
  • County Assessment: 167700.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Features: Fire Escape, Patio
  • Bathrooms: Semi Modern
  • Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Bedrooms: 4
  • Square Footage: 3698

Exterior Features

  • Construction: Brick, Stone

Garage/Parking

  • Parking: Carport
  • Parking Spaces: 6

Utilities

  • Cooling: Central AC, Window AC
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public

Lot Info

  • Acres: 0.074
  • Lot Dimensions: 27.08 X 111.25
  • Lot Sq Ft: 3223
  • Zoning Code: B-2-CENTRAL BUSINESS

Tax Info

  • Assessor Parcel Number: 640700267328001
  • County Taxes: 610.43
  • Municipal Taxes: 1176.15
  • Total Taxes: 5153.06

Multi Family

  • School Taxes: 3366.48
  • Total Units: 2
  • Total Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2019
Closed on
Apr 23, 2021
Sold by
Rosario Felix
Bought by
44 N 8Th St Llc
Seller's Agent
Kelvin Diaz
Allentown City Realty
Buyer's Agent
Patricia Karedis
HowardHanna TheFrederickGroup
List Price
$525,000
Sold Price
$295,000
Premium/Discount to List
-$230,000
-43.81%
Current Estimated Value
$424,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,117
Avg. Annual Appreciation
8.17%
Original Mortgage
$221,250
Outstanding Balance
$199,762
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$224,355

Purchase Details

Closed on
Jul 14, 2005
Sold by
Mathioudis Dino
Bought by
Rosario Felix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
9.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 1990
Sold by
Vati Louis and Vati Margaret
Bought by
Galey Joseph R and Galey Susan
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
44 N 8Th St Llc $295,000 Pride Abstract Lafayette
Rosario Felix $200,000 None Available
Mathioudis Dino $80,000 --
Galey Joseph R $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 44 N 8Th St Llc $221,250
Previous Owner Rosario Felix $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2021 04/23/21 Sold $295,000 -15.7% $80 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
12/23/2020 12/23/20 Price Changed $349,900 -2.8% $95 / Sq Ft
11/18/2020 11/18/20 Price Changed $359,900 -4.0% $97 / Sq Ft
11/03/2020 11/03/20 Price Changed $375,000 -6.2% $101 / Sq Ft
08/17/2020 08/17/20 Price Changed $399,900 -12.9% $108 / Sq Ft
08/03/2020 08/03/20 Price Changed $459,000 -3.4% $124 / Sq Ft
07/15/2020 07/15/20 Price Changed $475,000 -4.8% $128 / Sq Ft
05/18/2020 05/18/20 Price Changed $499,000 -5.0% $135 / Sq Ft
12/13/2019 12/13/19 For Sale $525,000 -- $142 / 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 $7,889 $241,600 $22,500 $219,100
2024 $7,889 $241,600 $22,500 $219,100
2023 $5,607 $167,700 $22,500 $145,200
2022 $5,416 $167,700 $145,200 $22,500
2021 $5,311 $167,700 $22,500 $145,200
2020 $5,177 $167,700 $22,500 $145,200
2019 $5,095 $167,700 $22,500 $145,200
2018 $4,733 $167,700 $22,500 $145,200
2017 $4,617 $167,700 $22,500 $145,200
2016 -- $167,700 $22,500 $145,200
2015 -- $167,700 $22,500 $145,200
2014 -- $167,700 $22,500 $145,200
Source: Public Records

Agents Affiliated with this Home

  • Kelvin Diaz

    Seller's Agent in 2021

    Kelvin Diaz

    Allentown City Realty

    (610) 570-3477

    80 in this area

    330 Total Sales

    Kelvin Diaz
    Section Image

  • C

    Seller Co-Listing Agent in 2021

    Carlos Nunez

    Allentown City Realty

    (610) 427-2431

    21 in this area

    163 Total Sales

    Carlos Nunez
    Section Image
  • Patricia Karedis

    Buyer's Agent in 2021

    Patricia Karedis

    HowardHanna TheFrederickGroup

    (610) 462-4001

    4 in this area

    68 Total Sales

    Patricia Karedis
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 630312

Greater Lehigh Valley REALTORS®

APN: 640700267328-1

Pennsylvania Lehigh County Allentown 18101 Center City

44 N 8th St, Allentown, PA

Not Listed for Sale

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