518 W Green St Allentown, PA 18102
Center City NeighborhoodEstimated Value: $192,722 - $204,000
5
Beds
1.5
Baths
1,678
Sq Ft
$118/Sq Ft
Est. Value
About This Home
As of April 2024Attention 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!
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
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%
Total Days on Market
5
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,431
Avg. Annual Appreciation
4.92%
Original Mortgage
$180,758
Outstanding Balance
$178,879
Interest Rate
6.88%
Mortgage Type
FHA
Estimated Equity
$18,552
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
Similar Homes in Allentown, PA
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Home Values in the Area
Average Home Value in this Area
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
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
-
Jennifer de Jesus
Seller's Agent in 2024
Jennifer de Jesus
Steel City Realty
(610) 333-4250
145 in this area
441 Total Sales
-
Marleny Acevedo
M
Buyer's Agent in 2024
Marleny Acevedo
Allentown City Realty
(347) 695-5652
3 in this area
12 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 733365
APN: 640704446204-1
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