NOT LISTED FOR SALE

522 N 18th St Allentown, PA 18104

West End Allentown Neighborhood

Estimated Value: $238,218

2 Beds
2 Baths
1,442 Sq Ft
$165/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $184,800 $128 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,536/month

30 Days on Market

About This Home

As of December 2021

Excellent investment opportunity near hospital and fairgrounds in the west end of Allentown. Recently updated, both units available for occupation and starting a business. 1st floor is zoned as commercial space. currently vacant, rent estimated 825.
2nd for is a residential 2 bedroom apartment, estimated rent 1025+.
Each tenant pays their own electric and gas hot water.
owner pays economical gas heat.
please call to preview today. Seller is a licensed real estate agent. Can go FHA if owner occupied

Last Agent to Sell the Property

Ted Silbert

IronValley RE of Lehigh Valley Listed on: 09/07/2021

IronValley RE of Lehigh Valley

Last Buyer's Agent

Ted Silbert

IronValley RE of Lehigh Valley Listed on: 09/07/2021

IronValley RE of Lehigh Valley

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,294

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 13.83x120

Home Design

  • Commercial or Retail Space
  • Mixed Use
  • Brick Exterior Construction
  • Frame Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Paved Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 549730677008 001

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,100
  • Maintenance Expense $200
  • Water Sewer Expense $400
  • Gross Income $19,740
  • Net Operating Income $14,345

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,294

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Commercial, Mixed Use
  • Technology: Cable, Smoke Detector Wired
  • County Assessment: 106100.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Bathrooms: Semi Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Construction: Brick, Frame

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 1

Utilities

  • Cooling: Wall AC
  • Heat Type: Forced Air, Gas
  • Sewer: Public
  • Water: Public
  • Gas: 735
  • Insurance: 1100
  • Water Sewer: 400

Condo/Co-op/Association

  • Maintenance Repair: 200

Lot Info

  • Lot Dimensions: 13.83X120
  • Zoning Code: commercial/res.

Tax Info

  • Assessor Parcel Number: 549730677008 001
  • County Taxes: 401.06
  • Municipal Taxes: 611.76
  • Total Taxes: 3294.35

Multi Family

  • School Taxes: 2281.53
  • Total Units: 2
  • Total Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Dec 17, 2021
Sold by
Silbert Ted S
Bought by
Ressan Properties Llc
Seller's Agent
Ted Silbert
IronValley RE of Lehigh Valley
Buyer's Agent
Ted Silbert
IronValley RE of Lehigh Valley
List Price
$189,800
Sold Price
$184,800
Premium/Discount to List
-$5,000
-2.63%
Current Estimated Value
$238,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,418
Avg. Annual Appreciation
6.64%
Original Mortgage
$138,600
Outstanding Balance
$127,476
Interest Rate
3.11%
Mortgage Type
Commercial
Estimated Equity
$110,742

Purchase Details

Closed on
Apr 8, 1999
Sold by
Silbert Ted S and Silbert Patricia M
Bought by
Silbert Ted S

Purchase Details

Closed on
May 26, 1988
Sold by
Heckenberger Leonard and Heckenberger Carrie M
Bought by
Silbert Ted S and Silbert Patricia M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ressan Properties Llc $184,800 Pride Abstract Lafayette
Silbert Ted S -- --
Silbert Ted S $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ressan Properties Llc $138,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 Sold $184,800 -2.6% $128 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $189,800 -- $132 / 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 $3,379 $104,300 $8,300 $96,000
2024 $3,379 $104,300 $8,300 $96,000
2023 $3,379 $104,300 $8,300 $96,000
2022 $3,260 $104,300 $96,000 $8,300
2021 $3,228 $106,100 $7,300 $98,800
2020 $3,143 $106,100 $7,300 $98,800
2019 $3,091 $106,100 $7,300 $98,800
2018 $2,890 $106,100 $7,300 $98,800
2017 $2,816 $106,100 $7,300 $98,800
2016 -- $106,100 $7,300 $98,800
2015 -- $106,100 $7,300 $98,800
2014 -- $106,100 $7,300 $98,800
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Ted Silbert

    IronValley RE of Lehigh Valley

    Section Image
  • Robert Velez

    Buyer Co-Listing Agent in 2021

    Robert Velez

    KW Commercial - Northampton

    (646) 671-8635

    2 in this area

    45 Total Sales

    Robert Velez
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 678490

Greater Lehigh Valley REALTORS®

APN: 549730677008-1

Pennsylvania Lehigh County Allentown 18104 West End Allentown

522 N 18th St, Allentown, PA

Not Listed for Sale

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