NOT LISTED FOR SALE

523 Main St Freemansburg, PA 18017

Estimated Value: $270,000 - $302,000

5 Beds
2 Baths
2,023 Sq Ft
$140/Sq Ft Est. Value

Last Sold September 27, 2022

Last sale price $160,000 $79 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,530/month

36 Days on Market

Highlights

  • 0.31 Acre Lot
  • 6 Car Garage
  • Wall to Wall Carpet
  • Forced Air Heating System

About This Home

As of September 2022

Welcome to 523 Main St in Freemansburg. Investors, contractors, handyperson . . . bring your toolbox. Fantastic potential in the detached 2 unit with a 2 car detached garage and 3 lots. This property needs some updating in kitchens, wall refinishing, and new flooring. Bathrooms have been updated Heating system and water heaters were replaced in 2021, and all new windows were installed in 6/2022. Tenants pay electric. Rents are extremely below market. 1st floor tenant rent has not been increase in 12 years. Showing are available only on the weekends from 10:00 to 5:00 and must be scheduled and confirmed. Please review the Resale Inspection Report from the Borough of Freemansburg in the attached documents

Last Agent to Sell the Property

Joe McGavin

Realty One Group Supreme License #AB041728A Listed on: 06/22/2022

Realty One Group Supreme

Last Buyer's Agent

Nathan Guttman

Keller Williams Allentown License #RS284327

Keller Williams Allentown

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1877

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 59 x 162
  • Property is zoned GC-GENERAL COMMERCIAL

Home Design

  • Converted Dwelling
  • Vinyl Construction Material

Interior Spaces

  • 2,023 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Parking

  • 6 Car Garage
  • Unpaved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number N7SW3B 8 2 0212

Community Details

Overview

Building Details

Home Details

Home Type

Single Family

Year Built

Built in 1877

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Converted, Detached
  • Technology: Cable, Smk Detector Battery
  • County Assessment: 49500.00
  • Stories: 2.0
  • Year Built: 1877
  • Special Features: None

Interior Features

  • Features: Fire Escape, Wall-to-Wall Carpet
  • Bathrooms: Old
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 5
  • Square Footage: 2023

Exterior Features

  • Construction: Vinyl

Garage/Parking

  • Parking: Garage, Unpaved Lot
  • Parking Spaces: 6

Utilities

  • Cooling: No Air
  • Heat Type: Forced Air, Oil
  • Sewer: Public
  • Water: Public
  • Electric: 525
  • Heat: 2591
  • Insurance: 3252
  • Trash Removal: 600
  • Water Sewer: 1053

Fee Information

  • Operating Expense: 8021

Lot Info

  • Acres: 0.311
  • Lot Dimensions: 59 x 162
  • Lot Sq Ft: 13560
  • Zoning Code: GC-GENERAL COMMERCIAL

Tax Info

  • Assessor Parcel Number: N7SW3B 8 2 0212
  • County Taxes: 534.60
  • Municipal Taxes: 804.87
  • Total Taxes: 4232.75

Multi Family

  • School Taxes: 2893.28
  • Total Units: 2
  • Total Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Sep 27, 2022
Sold by
Hoopes Joseph S
Bought by
Mata Rafael Castro De La and Tenants Sandra Campos
Seller's Agent
Joe McGavin
Realty One Group Supreme
Buyer's Agent
Nathan Guttman
Keller Williams Allentown
List Price
$200,000
Sold Price
$160,000
Premium/Discount to List
-$40,000
-20%
Current Estimated Value
$283,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,000
Avg. Annual Appreciation
19.71%
Original Mortgage
$128,000
Outstanding Balance
$122,840
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$160,160
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mata Rafael Castro De La $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mata Rafael Castro De La $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2022 09/27/22 Sold $160,000 -8.6% $79 / Sq Ft
07/28/2022 07/28/22 Pending -- -- --
07/10/2022 07/10/22 Price Changed $175,000 -12.5% $87 / Sq Ft
06/22/2022 06/22/22 For Sale $200,000 -- $99 / 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 $480 $44,400 $12,800 $31,600
2024 $3,874 $44,400 $12,800 $31,600
2023 $3,885 $44,400 $12,800 $31,600
2022 $3,766 $44,400 $12,800 $31,600
2021 $3,740 $44,400 $12,800 $31,600
2020 $3,744 $44,400 $12,800 $31,600
2019 $3,731 $44,400 $12,800 $31,600
2018 $3,668 $44,400 $12,800 $31,600
2017 $3,646 $44,400 $12,800 $31,600
2016 -- $44,400 $12,800 $31,600
2015 -- $44,400 $12,800 $31,600
2014 -- $44,400 $12,800 $31,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 694870

Greater Lehigh Valley REALTORS®

APN: N7SW3B-8-2-0212