NOT LISTED FOR SALE

516 N 7th St Allentown, PA 18102

Center City Neighborhood
2 Beds
2 Baths
1,590 Sq Ft
1,307 Sq Ft Lot

Last Sold March 31, 2014

Last sale price $47,000 $30 Per Sq Ft

About This Home

As of March 2014

Great investment opportunity with this zoned business property featuring 2 residential units within walking distance of the new arena currently under construction. Located within the "hot" block of N. 7th St., this multi-unit property presents the opportunity to possibly run an income producing business and receive the additional income from the two residential units, each featuring 1 bedroom, 1 bath with access to a large rear yard right in the Heart of the City! Featuring semi-modern kitchens and baths and a rear porch off of the 2nd floor unit, with the prime locale of this property, it is priced to sell quickly and will not last long. Don't delay - schedule your appointment and get your business established before the arena is completed and take advantage of the opportunities that this property has to offer!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2014
Closed on
Mar 28, 2014
Sold by
Fannie Mae
Bought by
Heddoun Rachid
Seller's Agent
Dale Kessler
Realty 365
Buyer's Agent
Jessie Cevallos
BetterHomes&GardensRE/Cassidon
List Price
$52,900
Sold Price
$47,000
Premium/Discount to List
-$5,900
-11.15%

Purchase Details

Closed on
Jan 14, 2014
Sold by
Rodriguez Gerardo
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 12, 2006
Sold by
Nehila Brian
Bought by
Rodriguez Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 1991
Sold by
Ellenberger Daniel G and Ellenberger Michele
Bought by
Nehila Brian

Purchase Details

Closed on
Jan 4, 1990
Bought by
Ellenberger Daniel G and Ellenberger Michele
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Heddoun Rachid $47,000 None Available
Federal National Mortgage Association -- None Available
Rodriguez Gerardo $127,500 None Available
Nehila Brian $67,000 --
Ellenberger Daniel G $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Gerardo $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2014 03/31/14 Sold $47,000 -11.2% $30 / Sq Ft
03/20/2014 03/20/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $52,900 -- $33 / Sq Ft

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 $2,047 $63,400 $4,700 $58,700
2024 $2,047 $63,400 $4,700 $58,700
2023 $2,047 $63,400 $4,700 $58,700
2022 $1,975 $63,400 $58,700 $4,700
2021 $1,935 $63,400 $4,700 $58,700
2020 $1,884 $63,400 $4,700 $58,700
2019 $2,893 $63,400 $4,700 $58,700
2018 $1,732 $63,400 $4,700 $58,700
2017 $1,688 $63,400 $4,700 $58,700
2016 -- $63,400 $4,700 $58,700
2015 -- $55,500 $4,700 $50,800
2014 -- $55,500 $4,700 $50,800
Source: Public Records

Agents Affiliated with this Home

  • Dale Kessler

    Seller's Agent in 2014

    Dale Kessler

    Realty 365

    (484) 707-3201

    10 in this area

    265 Total Sales

    Dale Kessler
    Section Image
  • Jessie Cevallos

    Buyer's Agent in 2014

    Jessie Cevallos

    BetterHomes&GardensRE/Cassidon

    (610) 504-0337

    30 in this area

    105 Total Sales

    Jessie Cevallos
    Section Image
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Map

Pennsylvania Lehigh County Allentown 18102 Center City

516 N 7th St, Allentown, PA

This home is located at 516 N 7th St, Allentown, PA 18102. 516 N 7th 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.

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