NOT LISTED FOR SALE

504 W Washington St Unit 506 Slatington, PA 18080

Estimated Value: $202,000 - $327,000

6 Beds
3 Baths
4,160 Sq Ft
$68/Sq Ft Est. Value

Last Sold July 18, 2016

Last sale price $146,000 $35 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,039/month

65 Days on Market

Highlights

  • Storm Windows
  • Patio
  • Forced Air Heating System
  • Brick or Stone Veneer
  • Home Security System
  • Ceiling Fan

About This Home

As of July 2016

Large Triplex for sale- 4160 sq. ft . with immediate income Net return is estimated at approx. 12%. Great property,.All units are rented with a one year lease. Home has 3 bedrooms 1.5 bath with full basement. Den/office on 1st floor plus large living room, dining room and large modern eat in kitchen. Owner has $8K in storm windows. Home has some of the charming old woodwork. 3 bedrooms on 2nd floor plus unfinished attic-perfect for extra bedrooms. Home has great storage space plus a great covered front porch and side patio. Apartments are modern and move in condition. Both sides of home have full basements and outside entrances. 1st floor apt is handicapped accessible and has laundry room.House was rented for $900.00 and 2nd floor apartment was rented for $775.00. ist floor just rented at $775.00. Great income producing property. Home is in good condition.

Last Agent to Sell the Property

Sylvia Merkel

RE/MAX Real Estate Listed on: 04/02/2016

RE/MAX Real Estate

Last Buyer's Agent

Stephanie Maragulia

Weichert Realtors - Allentown

Weichert Realtors - Allentown

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1904

Lot Details

  • 5,144 Sq Ft Lot
  • Lot Dimensions are 54.17x 95
  • Property is zoned Triplex

Home Design

  • Brick or Stone Veneer
  • Vinyl Construction Material

Interior Spaces

  • 4,160 Sq Ft Home
  • 2.5-Story Property
  • Ceiling Fan
  • Wall to Wall Carpet
  • Washer and Dryer Hookup

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 55602224269 001

Community Details

Overview

Building Details

Home Details

Home Type

Single Family

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Both Halves, Detached
  • Technology: Cable, Security System, Smk Detector Battery
  • County Assessment: 220400.00
  • Stories: 2.5
  • Street Number Modifier: 506
  • Year Built: 1904
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Features: Patio, Rewired, Storm Doors, Storm Windows, Wall-to-Wall Carpet, Wash/Dry Hook-ups
  • Bathrooms: Semi Modern
  • Square Footage: 4160

Exterior Features

  • Construction: Brickote, Vinyl

Utilities

  • Cooling: Ceiling Fan
  • Heat Type: Forced Air, Gas
  • Sewer: Public
  • Water: Public
  • Heat: 1493
  • Water Sewer: 1554

Condo/Co-op/Association

  • Lawn Snow Removal: 580
  • Maintenance Repair: 139

Fee Information

  • Operating Expense: 8345

Schools

  • School District: Northern Lehigh

Lot Info

  • Acres: 0.118
  • Lot Dimensions: 54.17x 95
  • Lot Sq Ft: 5144
  • Zoning Code: Triplex

Rental Info

  • Other Expenses: 234

Tax Info

  • Assessor Parcel Number: 55602224269 001
  • County Taxes: 833.11
  • Municipal Taxes: 1366.48
  • Total Taxes: 7504.18

Multi Family

  • School Taxes: 5304.59
  • Total Units: 3
  • Total Unit Count: 3

MLS Schools

  • School District: Northern Lehigh

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2025
Sold by
Portillo Cesar
Bought by
Reyes Francisco Jose and Reyes Victoria Rosario
Current Estimated Value
$266,492

Purchase Details

Closed on
Oct 8, 2020
Sold by
Abundant Life Ventures Llc
Bought by
Carrasquilla Owen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 2, 2016
Closed on
Jul 18, 2016
Sold by
Stuart Nanette M and Schaeffer Warner Donna
Bought by
Abundant Life Ventures Llc
Seller's Agent
Sylvia Merkel
RE/MAX Real Estate
Buyer's Agent
Stephanie Maragulia
Weichert Realtors - Allentown
List Price
$150,000
Sold Price
$146,000
Premium/Discount to List
-$4,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
Original Mortgage
$116,800
Interest Rate
3.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 25, 2002
Sold by
Schaeffer Elaine M
Bought by
The Elaine M Schaeffer Revocable Trust
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
Reyes Francisco Jose $200,000 Traditional Abstract
Carrasquilla Owen $195,000 The Settlement Company
Abundant Life Ventures Llc $146,000 Penn Title Inc
The Elaine M Schaeffer Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jimenez Owen David Carrasquilla $188,237
Previous Owner Carrasquilla Owen $170,000
Previous Owner Abundant Life Ventures Llc $116,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2016 07/18/16 Sold $146,000 -2.7% $35 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
04/02/2016 04/02/16 For Sale $150,000 -- $36 / 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 $6,962 $184,400 $15,700 $168,700
2024 $6,665 $184,400 $15,700 $168,700
2023 $6,279 $184,400 $15,700 $168,700
2022 $6,185 $184,400 $168,700 $15,700
2021 $5,998 $184,400 $15,700 $168,700
2020 $5,826 $184,400 $15,700 $168,700
2019 $5,698 $184,400 $15,700 $168,700
2018 $5,584 $184,400 $15,700 $168,700
2017 $5,561 $184,400 $15,700 $168,700
2016 -- $220,400 $15,700 $204,700
2015 -- $220,400 $15,700 $204,700
2014 -- $220,400 $15,700 $204,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 516741

Greater Lehigh Valley REALTORS®

APN: 556202224269-1