NOT LISTED FOR SALE

448 Market St Bangor, PA 18013

Estimated Value: $329,000 - $437,000

6 Beds
2.5 Baths
3,932 Sq Ft
$94/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $270,000 $69 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,015/month

4 Days on Market

Highlights

  • Wood Flooring
  • Ceiling Fan
  • Baseboard Heating

About This Home

As of August 2021

*** MULTIPLE OFFERS RECEIVED. HIGHEST & BEST BY FRIDAY 7/30 at 5PM *** TURN KEY INVESTMENT PROPERTY WITH A 9.5% CAP RATE IN BANGOR BOROUGH! This OVER-SIZED DUPLEX comes with both sides fully rented and maintenance free! This corner lot 'money-maker' offers 2 units, each boasts just under 2000 Sq Ft of living space with 3 beds and at least 1 bath in each. Unit 448 has 1.5 baths. Some recent upgrades to the property are: NEW ROOF, NEW WINDOWS, NEW FURNACE (Unit 448), Fresh Paint (inside and out), updated kitchen and baths, hardwood floors and so much more. This property has no differed maintenance, LOW TAXES, PUBLIC UTILITIES, centrally located between the Lehigh Valley and the Poconos and close to shopping, restaurants and entertainment! Schedule your appointment today!

Last Agent to Sell the Property

Anthony DePue

Win-Win Realty, Inc. Listed on: 07/26/2021

Last Buyer's Agent

Heidy Vega

I-Do Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,444

Year Built

  • Built in 1900

Lot Details

  • 5,600 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 3,932 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Radiator
  • Heating System Uses Oil
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number E9NE1C 4 1A 0102

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,525
  • Operating Expense $6,000
  • Gross Income $30,000
  • Net Operating Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,444

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Both Halves, Duplex/Both Halves
  • County Assessment: 51700.00
  • 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, Wash/Dry Hook-ups
  • Bathrooms: Modern
  • Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 6
  • Square Footage: 3932

Garage/Parking

  • Parking Spaces: 2

Utilities

  • Cooling: Ceiling Fan
  • Heat Type: Baseboard, Electric, Oil, Radiator
  • Sewer: Public
  • Water: Public
  • Insurance: 1525

Fee Information

  • Operating Expense: 6000

Schools

  • School District: Bangor

Lot Info

  • Acres: 0.129
  • Lot Sq Ft: 5600
  • Zoning Code: R-7.8-MEDIUM DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: E9NE1C 4 1A 0102
  • County Taxes: 610.06
  • Municipal Taxes: 920.26
  • Total Taxes: 4444.13

Multi Family

  • School Taxes: 2913.81
  • Total Units: 2
  • Total Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Aug 20, 2021
Sold by
Saba Antoine J
Bought by
Casado Yessica M Polanco and Gabriel Polanco Lopez Emilio
Seller's Agent
Anthony DePue
Win-Win Realty, Inc.
Buyer's Agent
Heidy Vega
I-Do Real Estate
List Price
$250,000
Sold Price
$270,000
Premium/Discount to List
$20,000
8%
Current Estimated Value
$359,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,404
Avg. Annual Appreciation
8.39%

Purchase Details

Closed on
Apr 19, 2018
Sold by
Due Celestina D and Brock Lisa K
Bought by
Saba Antoine J
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
Casado Yessica M Polanco $270,000 None Available
Saba Antoine J $95,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Due Nicholas $60,000
Previous Owner Due Nicholas $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $270,000 +8.0% $69 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $250,000 -- $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 $558 $51,700 $14,300 $37,400
2024 $4,474 $51,700 $14,300 $37,400
2023 $4,420 $51,700 $14,300 $37,400
2022 $4,406 $51,700 $14,300 $37,400
2021 $4,444 $51,700 $14,300 $37,400
2020 $12,378 $51,700 $14,300 $37,400
2019 $4,313 $51,700 $14,300 $37,400
2018 $4,268 $51,700 $14,300 $37,400
2017 $4,214 $51,700 $14,300 $37,400
2016 -- $51,700 $14,300 $37,400
2015 -- $51,700 $14,300 $37,400
2014 -- $51,700 $14,300 $37,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 673357

Greater Lehigh Valley REALTORS®

APN: E9NE1C-4-1A-0102