NOT LISTED FOR SALE

505 W Turner St Allentown, PA 18102

Center City Neighborhood

Estimated Value: $191,000 - $225,000

4 Beds
2 Baths
1,814 Sq Ft
$113/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $141,500 $78 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,298/month

42 Days on Market

About This Home

As of August 2021

Turn-key investment. Row house with two rental units: 1 3-bedroom unit (upstairs) and 1 1-bedroom unit (downstairs). Very low taxes. Proven track record. In continuous operations for the last six years. Long term tenants in both units wanting to stay. Competitive market rents with room for increase. Updated electrical heating in downstairs unit. Gas heating in upstairs unit. Tenants pays all utilities except water, sewer and trash. Updated interior with fresh paints within the last year. Washer and dryer hook-up in basement. conveniently located in Center City Allentown with access to public transportation and able to walk over to all amenities. Seller will provide CO. Agents need to allow 24-hour notice for showing due to both units tenant-occupied.

Last Agent to Sell the Property

Christopher Carr

HomeZu Listed on: 05/20/2021

Last Buyer's Agent

Carrie Ward

HowardHanna TheFrederickGroup

HowardHanna TheFrederickGroup

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,779

Year Built

  • Built in 1915

Lot Details

  • 958

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Home Security

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • 3-Story Property
  • Lot Dimensions are 16x55

Listing and Financial Details

  • Assessor Parcel Number 640711589498 001

Community Details

Building Details

  • Insurance Expense $900
  • Manager Expense $1,541
  • Trash Expense $750
  • Water Sewer Expense $800
  • Gross Income $18,600
  • Net Operating Income $14,340

Additional Features

  • 2 Units
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,779

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row/Townhouse
  • Technology: Cable, Smk Detector Battery
  • County Assessment: 59000.00
  • Stories: 3.0
  • Street Number Modifier: 1/2
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1915
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: Window AC
  • Heat Type: Baseboard, Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 900
  • Trash Removal: 750
  • Water Sewer: 800

Condo/Co-op/Association

  • Lawn Snow Removal: 60
  • Management: 1541

Schools

  • School District: Allentown

Lot Info

  • Lot Dimensions: 16x55
  • Zoning Code: Res

Tax Info

  • Assessor Parcel Number: 640711589498 001
  • County Taxes: 223.02
  • Municipal Taxes: 323.79
  • Total Taxes: 1778.57

Multi Family

  • School Taxes: 1231.76
  • Total Units: 2
  • Total Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2014
Closed on
Oct 22, 2014
Sold by
Sparrow Alonzo R and Hoyt Rita J
Bought by
Schmidt Diane Carol
Seller's Agent
Dave Rickert
BHHS Regency Real Estate
Buyer's Agent
Marina Brekhounets
Keller Williams Allentown
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%
Current Estimated Value
$205,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,789
Avg. Annual Appreciation
14.98%
Original Mortgage
$36,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2002
Sold by
Reiss Jeanne and Reiss Craig Gordon
Bought by
Hepner Franklin R J and Hepner Francine J

Purchase Details

Closed on
Mar 10, 1982
Sold by
Sparrow Alonzo B Trustee
Bought by
Sparrow Alonzo B and Hoyt Rita J

Purchase Details

Closed on
Feb 9, 1976
Bought by
Sparrow Alonzo B Trustee
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
Schmidt Diane Carol $45,000 None Available
Hepner Franklin R J $15,000 --
Sparrow Alonzo B $8,500 --
Sparrow Alonzo B Trustee $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pjp Properties Llc $39,500
Closed Schmidt Diane Carol $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $141,500 -5.0% $78 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/07/2021 06/07/21 Price Changed $149,000 -6.3% $82 / Sq Ft
05/20/2021 05/20/21 For Sale $159,000 +138.2% $88 / Sq Ft
11/19/2015 11/19/15 Sold $66,750 -7.3% $37 / Sq Ft
11/05/2015 11/05/15 Pending -- -- --
10/27/2015 10/27/15 For Sale $72,000 +60.0% $40 / Sq Ft
10/22/2014 10/22/14 Sold $45,000 -9.8% $25 / Sq Ft
09/22/2014 09/22/14 Pending -- -- --
09/11/2014 09/11/14 For Sale $49,900 -- $28 / 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 $2,225 $70,100 $3,200 $66,900
2024 $2,225 $70,100 $3,200 $66,900
2023 $2,225 $70,100 $3,200 $66,900
2022 $2,146 $70,100 $66,900 $3,200
2021 $2,102 $70,100 $3,200 $66,900
2020 $2,045 $70,100 $3,200 $66,900
2019 $2,011 $70,100 $3,200 $66,900
2018 $1,885 $70,100 $3,200 $66,900
2017 $1,836 $70,100 $3,200 $66,900
2016 -- $70,100 $3,200 $66,900
2015 -- $70,100 $3,200 $66,900
2014 -- $70,100 $3,200 $66,900
Source: Public Records

Agents Affiliated with this Home

  • Christopher Carr

    Seller's Agent in 2021

    Christopher Carr

    HomeZu

    (855) 885-4663

    9 in this area

    2,331 Total Sales

    Christopher Carr
    Section Image
  • Carrie Ward

    Buyer's Agent in 2021

    Carrie Ward

    HowardHanna TheFrederickGroup

    (610) 398-0411

    4 in this area

    58 Total Sales

    Carrie Ward
    Section Image

  • S

    Seller's Agent in 2015

    Steven Toomey

    3 Diamond Real Estate Ser Inc.

  • S

    Buyer's Agent in 2015

    Sanjay Anderson

    Coldwell Banker Heritage R E

    (610) 250-8880

    1 in this area

    7 Total Sales

    Sanjay Anderson
    Section Image

  • D

    Seller's Agent in 2014

    Dave Rickert

    BHHS Regency Real Estate

    (610) 573-0161

    2 in this area

    15 Total Sales

    Dave Rickert
    Section Image

  • M

    Buyer's Agent in 2014

    Marina Brekhounets

    Keller Williams Allentown

See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 668564

Greater Lehigh Valley REALTORS®

APN: 640711681543-1

Pennsylvania Lehigh County Allentown 18102 Center City

505 W Turner St, Allentown, PA

This home is located at 505 W Turner St, Allentown, PA 18102 since 20 May 2021 and is currently estimated at $205,789, approximately $113 per square foot. This property was built in 1915. 505 W Turner St is a home located in Lehigh County with nearby schools including Central Elementary School, Harrison-Morton Middle School, and William Allen High 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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