$297,500
SOLD OCT 9, 2024

490 N 1st St Lehighton, PA 18235

10 Beds
4 Baths
5,718 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$52 Per Sq Ft

6% Below List Price

20 Days on Market

Highlights

  • Storm Windows
  • Wall to Wall Carpet
  • Heating Available
  • Ceiling Fan

About This Home

As of October 2024

LEHIGHTON 5 UNIT FOR SALE! Stop and look at this investment opportunity. This property has a current gross rental income of 47,760.00 and there is more room to grow as 4 of the 5 units and the garage is rented with the 5th unit needing to be finished to add to your net income. All utilities are separated and tenant's responsibility. Owner only pays taxes, insurance and a common meter. Offered at 317,900.00! Call today to grow or start your portfolio!

Last Agent to Sell the Property

Timothy Klotz

TNT Premier Real Estate Listed on: 08/09/2024

Last Buyer's Agent

Kevin Azar

RE/MAX Real Estate

RE/MAX Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,368

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • Property is zoned Commercial

Parking

  • 6 Parking Spaces

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 5,718 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Wall to Wall Carpet
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Home Security

  • Storm Windows
  • Storm Doors

Utilities

  • Heating Available
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 70A11-30-T2

Community Details

Overview

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,368

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, Detached
  • Technology: Cable, DSL
  • County Assessment: 70850.00
  • Stories: 3.0
  • 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

  • Features: Storm Doors, Storm Windows, Wall-to-Wall Carpet, Wash/Dry Hook-ups
  • Bathrooms: Semi Modern
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 10
  • Square Footage: 5718

Exterior Features

  • Construction: Vinyl

Garage/Parking

  • Parking Spaces: 6

Utilities

  • Cooling: Ceiling Fans
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Electric: 20
  • Insurance: 3514

Fee Information

  • Operating Expense: 8882

Schools

  • School District: Lehighton

Lot Info

  • Acres: 0.180
  • Lot Sq Ft: 7841
  • Zoning Code: Commercial

Tax Info

  • Assessor Parcel Number: 70A11-30-T2
  • Total Taxes: 5368.05

Multi Family

  • Total Units: 5
  • Total Unit Count: 6

MLS Schools

  • School District: Lehighton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2024
Closed on
Sep 25, 2024
Sold by
Windward Sail Re Holdings Llc
Bought by
Shetayh Bronson
Seller's Agent
Timothy Klotz
TNT Premier Real Estate
Buyer's Agent
Kevin Azar
RE/MAX Real Estate
List Price
$317,900
Sold Price
$297,500
Premium/Discount to List
-$20,400
-6.42%
Total Days on Market
20
Views
14
Current Estimated Value
$292,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,271
Avg. Annual Appreciation
-4.64%
Original Mortgage
$238,000
Outstanding Balance
$236,195
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$50,477

Purchase Details

Closed on
Dec 30, 2019
Sold by
Magru Rookmin and Uzagir Umadavie
Bought by
Windward Sail Re Holdings Llc

Purchase Details

Closed on
Sep 28, 2018
Sold by
Mangru Ramdeo and Mangru Rookmin
Bought by
Mangru Rookmin and Uzagir Umadavie

Purchase Details

Closed on
Apr 8, 2005
Sold by
Lutsko Joseph C
Bought by
Mangru Ramdeo and Mangru Rookmin
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 Type Sale Price Title Company
Deed $297,500 Lighthouse Abstract
Deed $108,000 None Available
Interfamily Deed Transfer -- None Available
Deed $100,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $238,000 New Conventional
Previous Owner $199,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2024 10/09/24 Sold $297,500 -6.4% $52 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
08/09/2024 08/09/24 For Sale $317,900 -- $56 / 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 $5,651 $70,850 $5,450 $65,400
2024 $5,368 $70,850 $5,450 $65,400
2023 $5,315 $70,850 $5,450 $65,400
2022 $5,315 $70,850 $5,450 $65,400
2021 $5,129 $70,850 $5,450 $65,400
2020 $5,004 $70,850 $5,450 $65,400
2019 $4,792 $70,850 $5,450 $65,400
2018 $4,685 $70,850 $5,450 $65,400
2017 $4,650 $70,850 $5,450 $65,400
2016 -- $70,850 $5,450 $65,400
2015 -- $70,850 $5,450 $65,400
2014 -- $70,850 $5,450 $65,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 743219

Greater Lehigh Valley REALTORS®

APN: 70A11-30-T2