NOT LISTED FOR SALE

501 N 6th St Allentown, PA 18102

Center City Neighborhood

Estimated Value: $432,446

5 Beds
1.5 Baths
4,200 Sq Ft
$103/Sq Ft Est. Value

Last Sold July 13, 2012

Last sale price $215,000 $51 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,855/month

72 Days on Market

Highlights

  • Commercial or Retail Space
  • 2 Car Garage
  • 4-minute walk to Stevens Park
  • Baseboard Heating

About This Home

As of July 2012

Large 2 unit - 1st Floor Commercial; very profitable grocery store business and equipment included. Retiring over 30 years in business. Lottery sales available, inventory not included. Owner financing available. Call Listing Agent for income and expenses

Last Agent to Sell the Property

Louie Falco

Rudy Amelio Real Estate Listed on: 04/04/2012

Rudy Amelio Real Estate

Last Buyer's Agent

Elias Aoun

Equity Lehigh Valley LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,414

Year Built

  • Built in 1890

Lot Details

  • 2,134 Sq Ft Lot
  • Lot Dimensions are 20x106.9

Parking

  • 2 Car Garage

Home Design

  • Commercial or Retail Space
  • Brick Exterior Construction

Interior Spaces

  • 4,200 Sq Ft Home
  • 3-Story Property
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Baseboard Heating
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 640703616844001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,414

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial
  • Technology: Cable, Smk Detector Battery
  • County Assessment: 46350.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 5
  • Square Footage: 4200

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Garage
  • Parking Spaces: 2

Utilities

  • Cooling: Wall AC
  • Heat Type: Baseboard, Electric, Gas
  • Sewer: Public
  • Water: Public

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.049
  • Lot Dimensions: 20x106.9
  • Lot Sq Ft: 2134
  • Zoning Code: rmh

Tax Info

  • Assessor Parcel Number: 640703616844001
  • County Taxes: 551.57
  • Municipal Taxes: 633.70
  • Total Taxes: 3413.86

Multi Family

  • School Taxes: 2228.60
  • Total Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2012
Closed on
Jul 13, 2012
Sold by
Kim Young C
Bought by
Patel Viral Kumar
Seller's Agent
Louie Falco
Rudy Amelio Real Estate
Buyer's Agent
Elias Aoun
Equity Lehigh Valley LLC
List Price
$249,900
Sold Price
$215,000
Premium/Discount to List
-$34,900
-13.97%
Current Estimated Value
$432,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,446
Avg. Annual Appreciation
5.29%
Original Mortgage
$100,000
Outstanding Balance
$70,351
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$351,975

Purchase Details

Closed on
Oct 10, 2005
Sold by
Kim Jong Ueon and Kim Young C
Bought by
Kim Young C

Purchase Details

Closed on
Nov 30, 2001
Sold by
Han Kun Taek and Chung Young Joo
Bought by
Kim Jong Ueon and Kim Young C

Purchase Details

Closed on
May 1, 1998
Sold by
Kim Bong Kil and Kim Young Za
Bought by
Han Kun Taek and Chung Young Joo

Purchase Details

Closed on
Jul 25, 1988
Bought by
Kim Bong Kil and Young Za
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
Patel Viral Kumar $215,000 --
Kim Young C -- None Available
Kim Jong Ueon $90,000 --
Han Kun Taek $80,000 --
Kim Bong Kil $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Viral Kumar $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2012 07/13/12 Sold $215,000 -14.0% $51 / Sq Ft
06/15/2012 06/15/12 Pending -- -- --
04/04/2012 04/04/12 For Sale $249,900 -- $60 / 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 $5,992 $188,800 $8,500 $180,300
2024 $5,992 $188,800 $8,500 $180,300
2023 $5,992 $188,800 $8,500 $180,300
2022 $5,776 $188,800 $180,300 $8,500
2021 $5,658 $188,800 $8,500 $180,300
2020 $5,507 $188,800 $8,500 $180,300
2019 $5,415 $188,800 $8,500 $180,300
2018 $5,074 $188,800 $8,500 $180,300
2017 $4,943 $188,800 $8,500 $180,300
2016 -- $188,800 $8,500 $180,300
2015 -- $188,800 $8,500 $180,300
2014 -- $188,800 $8,500 $180,300
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Louie Falco

    Rudy Amelio Real Estate

    (610) 393-2694

    13 in this area

    50 Total Sales

    Section Image

  • E

    Buyer's Agent in 2012

    Elias Aoun

    Equity Lehigh Valley LLC

    (610) 398-0411

    27 Total Sales

    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 427787

Greater Lehigh Valley REALTORS®

APN: 640703616844-1

Pennsylvania Lehigh County Allentown 18102 Center City

501 N 6th St, Allentown, PA

This home is located at 501 N 6th St, Allentown, PA 18102 since 04 April 2012 and is currently estimated at $432,446, approximately $102 per square foot. This property was built in 1890. 501 N 6th St is a home located in Lehigh County with nearby schools including Francis D Raub Middle School, William Allen High School, and Roberto Clemente Elementary Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Lehigh Valley REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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