$12,044
SOLD NOV 21, 2014
2 Beds
1 Bath
767 Sq Ft
937 Sq Ft Lot

Recently Sold

$16 Per Sq Ft

60% Below List Price

107 Days on Market

About This Home

As of April 2024

Property can be sold as a package of 5 all with having a cap rate of 16% or higher. This one is 16% tenant on 1 years lease.
Tenant takes care of all minor repairs for the reduce rent of 600.

Last Agent to Sell the Property

Kim Rau

One Valley Realty LLC Listed on: 01/15/2014

Co-Listed By

Craig Liles

IronValley RE of Lehigh Valley

Last Buyer's Agent

Kim Rau

One Valley Realty LLC Listed on: 01/15/2014

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1908

Lot Details

  • 937 Sq Ft Lot
  • Lot Dimensions are 23.42 x40

Parking

  • Off-Site Parking

Home Design

  • 767 Sq Ft Home
  • Semi-Detached or Twin Home
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Gas

Community Details

  • Insurance Expense $500
  • Other Expense $75
  • Operating Expense $1,683
  • Gross Income $7,200
  • Net Operating Income $4,797

Listing and Financial Details

  • Assessor Parcel Number 5497

Townhouse Details

Home Type

Townhome

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Semi Detached/Twin
  • County Assessment: 42800.00
  • Year Built: 1908
  • Year Built Exception: Unknown
  • Supplement Modification Ti: 2014-01-21
  • Special Features: None

Interior Features

  • Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Square Footage: 767

Exterior Features

  • Construction: Vinyl

Garage/Parking

  • Parking: Off Site

Utilities

  • Cooling: No Air
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 500

Fee Information

  • Operating Expense: 1683

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.022
  • Lot Dimensions: 23.42 x40
  • Lot Sq Ft: 937
  • Zoning Code: RMH

Rental Info

  • Other Expenses: 75

Tax Info

  • Assessor Parcel Number: 5497
  • County Taxes: 162.21
  • Total Taxes: 1108.18

Multi Family

  • School Taxes: 741.12
  • Total Units: 1
  • Total Unit Count: 1

MLS Schools

  • School District: Allentown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2024
Closed on
Apr 1, 2024
Sold by
Janti Rani Llc
Bought by
Rodriguez Luis E Peralta
Seller's Agent
Jennifer de Jesus
Steel City Realty
Buyer's Agent
Arnaldo Gutierrez
Allentown City Realty
List Price
$120,000
Sold Price
$120,000
Total Days on Market
107
Views
44
Current Estimated Value
$124,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,027
Avg. Annual Appreciation
2.96%
Original Mortgage
$6,000
Interest Rate
6.94%

Purchase Details

Closed on
Mar 17, 2020
Sold by
Stella Cdente Investments Llc
Bought by
Janti Rani Llc

Purchase Details

Closed on
Dec 27, 2018
Sold by
Chatt Realty Llc
Bought by
Stella Cadente Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 5, 2016
Sold by
North Street Ventures Llc
Bought by
Chatt Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 15, 2014
Closed on
Jan 13, 2015
Sold by
Grist Mill Development Company Llc
Bought by
North Street Ventures Llc
Seller's Agent
Kim Rau
One Valley Realty LLC
Buyer's Agent
Kim Rau
One Valley Realty LLC
List Price
$29,900
Sold Price
$12,044
Premium/Discount to List
-$17,856
-59.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.79%
Original Mortgage
$195,000
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jan 15, 2014
Closed on
Nov 17, 2014
Sold by
Stewart James and Stewart James A
Bought by
Grist Mill Development Company Llc
Seller's Agent
Kim Rau
One Valley Realty LLC
Buyer's Agent
Kim Rau
One Valley Realty LLC
List Price
$29,900
Sold Price
$12,044
Premium/Discount to List
-$17,856
-59.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 31, 2004
Sold by
Toth Carol A and Cogan Carol A
Bought by
Stewart James A

Purchase Details

Closed on
Jul 21, 1977
Bought by
Toth Carol A
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
Special Warranty Deed $120,000 Steel Abstract
Special Warranty Deed $59,900 None Available
Special Warranty Deed -- None Available
Deed $440,000 Attorney
Deed $300,000 None Available
Deed $180,667 None Available
Deed $32,000 --
Deed $11,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $6,000 No Value Available
Open $117,826 FHA
Previous Owner $170,400 Commercial
Previous Owner $231,000 Commercial
Previous Owner $352,000 New Conventional
Previous Owner $33,357 Stand Alone Refi Refinance Of Original Loan
Previous Owner $246,914 Future Advance Clause Open End Mortgage
Previous Owner $195,000 Future Advance Clause Open End Mortgage
Previous Owner $75,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2024 04/15/24 Sold $120,000 0.0% $156 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
02/25/2024 02/25/24 For Sale $120,000 0.0% $156 / Sq Ft
12/14/2017 12/14/17 Under Contract -- -- --
12/07/2017 12/07/17 For Rent $795 0.0% --
12/07/2017 12/07/17 Rented $795 -6.4% --
06/01/2017 06/01/17 Rented $849 0.0% --
05/25/2017 05/25/17 Under Contract -- -- --
04/18/2017 04/18/17 For Rent $849 0.0% --
11/21/2014 11/21/14 Sold $12,044 -59.7% $16 / Sq Ft
05/02/2014 05/02/14 Pending -- -- --
01/15/2014 01/15/14 For Sale $29,900 -- $39 / 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 $1,392 $42,800 $3,700 $39,100
2024 $1,392 $42,800 $3,700 $39,100
2023 $1,392 $42,800 $3,700 $39,100
2022 $1,343 $42,800 $39,100 $3,700
2021 $1,317 $42,800 $3,700 $39,100
2020 $1,282 $42,800 $3,700 $39,100
2019 $1,261 $42,800 $3,700 $39,100
2018 $1,177 $42,800 $3,700 $39,100
2017 $1,147 $42,800 $3,700 $39,100
2016 -- $42,800 $3,700 $39,100
2015 -- $42,800 $3,700 $39,100
2014 -- $42,800 $3,700 $39,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 465036

Greater Lehigh Valley REALTORS®

APN: 549782446057-1