NOT LISTED FOR SALE

Estimated Value: $206,000 - $227,000

5 Beds
1.5 Baths
1,678 Sq Ft
$128/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $187,000 $111 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,328/month

5 Days on Market

About This Home

As of April 2024

Attention astute investors! Exceptional opportunity at 518 W Green St in Allentown! This property is a dream for any portfolio, with tenants shouldering all utility costs while you handle taxes and insurance, streamlining your management responsibilities. Boasting a gross income of $16,524 and a net income of $13,410, this well-maintained property is priced competitively at $180,000. Its excellent condition ensures minimal maintenance, while its prime location adds to its appeal for prospective tenants. Don't miss out on this chance to elevate your investment strategy with a reliable income generator in Allentown!

Last Agent to Sell the Property

Jennifer de Jesus

Steel City Realty Listed on: 02/22/2024

Last Buyer's Agent

Marleny Acevedo

Allentown City Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,314

Year Built

  • Built in 1900

Lot Details

  • 1,681 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,678 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms

Home Security

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 640704446204001

Community Details

Building Details

  • Insurance Expense $800
  • Operating Expense $3,114
  • Gross Income $16,524
  • Net Operating Income $13,410

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,314

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row/Townhouse
  • Technology: Smk Detector Battery
  • County Assessment: 71800.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 5
  • Square Footage: 1678

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking Spaces: 2

Utilities

  • Cooling: No Air
  • Heat Type: Forced Air, Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 800

Fee Information

  • Operating Expense: 3114

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.039
  • Lot Sq Ft: 1681
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 640704446204001
  • County Taxes: 271.40
  • Municipal Taxes: 417.04
  • Total Taxes: 2314.22

Multi Family

  • School Taxes: 1625.78
  • 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 22, 2024
Closed on
Apr 1, 2024
Sold by
Janta Raja Llc
Bought by
Crespo Walter Teodoro Tixi
Seller's Agent
Jennifer de Jesus
Steel City Realty
Buyer's Agent
Marleny Acevedo
Allentown City Realty
List Price
$180,000
Sold Price
$187,000
Premium/Discount to List
$7,000
3.89%
Views
21
Current Estimated Value
$214,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,005
Avg. Annual Appreciation
8.20%
Original Mortgage
$180,758
Outstanding Balance
$178,223
Interest Rate
6.88%
Mortgage Type
FHA
Estimated Equity
$31,415

Purchase Details

Listed on
Jun 17, 2020
Closed on
Jul 28, 2020
Sold by
Dunbar Spurgeon S
Bought by
Janta Raja Llc
Seller's Agent
Jennifer de Jesus
Steel City Realty
Buyer's Agent
Jennifer de Jesus
Steel City Realty
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.96%
Original Mortgage
$92,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 1998
Sold by
Kern David T and Kern Margie B
Bought by
Dunbar Spurgeon S

Purchase Details

Closed on
Dec 15, 1995
Sold by
Beck Harry T and Beck Mary A
Bought by
Kern Margie B and Kern David T
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
Crespo Walter Teodoro Tixi $187,000 Steel Abstract
Janta Raja Llc $115,000 Steel Abstract
Dunbar Spurgeon S $27,000 --
Kern Margie B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crespo Walter Teodoro Tixi $180,758
Previous Owner Janta Raja Llc $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $187,000 +3.9% $111 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $180,000 +56.5% $107 / Sq Ft
07/31/2020 07/31/20 Sold $115,000 0.0% $69 / Sq Ft
07/26/2020 07/26/20 Rented $1,350 0.0% --
07/25/2020 07/25/20 Under Contract -- -- --
07/20/2020 07/20/20 For Rent $1,350 0.0% --
06/18/2020 06/18/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $115,000 -- $69 / 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 $2,314 $71,800 $5,100 $66,700
2024 $2,314 $71,800 $5,100 $66,700
2023 $2,314 $71,800 $5,100 $66,700
2022 $2,232 $71,800 $66,700 $5,100
2021 $2,187 $71,800 $5,100 $66,700
2020 $2,130 $71,800 $5,100 $66,700
2019 $2,095 $71,800 $5,100 $66,700
2018 $1,958 $71,800 $5,100 $66,700
2017 $1,908 $71,800 $5,100 $66,700
2016 -- $71,800 $5,100 $66,700
2015 -- $71,800 $5,100 $66,700
2014 -- $71,800 $5,100 $66,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 733365

Greater Lehigh Valley REALTORS®

APN: 640704446204-1