NOT LISTED FOR SALE

Estimated Value: $270,000 - $308,000

6 Beds
2 Baths
2,868 Sq Ft
$102/Sq Ft Est. Value

Last Sold June 17, 2019

Last sale price $305,000 $106 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,854/month

50 Days on Market

About This Home

As of June 2019

A wonderful opportunity for an investor looking for an extra source of income or the chance for extended family interested in sharing a property. Two semi-detached properties are available at 527 Sixteenth Ave. and 529 Sixteenth Ave. Both properties have beautiful hardwood floors, custom tile work, and numerous windows letting in an abundance of natural sunlight. Detached 3 car garage is currently being divided among the two properties and two fenced in yard spaces. Recently updated furnaces in both properties. Both properties have been well maintained and are move in ready.

Last Agent to Sell the Property

Amy Bray

Weichert Realtors License #RS287967 Listed on: 03/12/2019

Weichert Realtors

Last Buyer's Agent

Victoria Kemmerer

Real of Pennsylvania

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,294

Year Built

  • Built in 1928

Lot Details

  • 4,879

Parking

  • 2 Car Garage

Home Design

  • 2,868 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 641798002346001 / 641798002615 001

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $700
  • Maintenance Expense $1,500
  • Operating Expense $7,195
  • Gross Income $31,200
  • Net Operating Income $21,805

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,294

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Duplex/Both Halves
  • County Assessment: 259100.00
  • Street Number Modifier: 529
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1928
  • Special Features: 20

Interior Features

  • Bathrooms: Semi Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 6
  • Square Footage: 2868

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Garage
  • Parking Spaces: 2

Utilities

  • Cooling: Window AC
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 700

Condo/Co-op/Association

  • Maintenance Repair: 1500

Fee Information

  • Operating Expense: 7195

Schools

  • School District: Bethlehem

Lot Info

  • Zoning Code: Res

Tax Info

  • Assessor Parcel Number: 641798002346001 / 641798002615 001
  • County Taxes: 979.40
  • Municipal Taxes: 1567.56
  • Total Taxes: 7293.67

Multi Family

  • School Taxes: 4746.71
  • Total Units: 2
  • Total Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2019
Closed on
Jun 17, 2019
Sold by
Kushner Roland J and Kushner Barbara E
Bought by
Casanova Amarilis
Seller's Agent
Amy Bray
Weichert Realtors
Buyer's Agent
Victoria Kemmerer
Real of Pennsylvania
List Price
$329,900
Sold Price
$305,000
Premium/Discount to List
-$24,900
-7.55%
Current Estimated Value
$291,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,737
Avg. Annual Appreciation
-0.81%
Original Mortgage
$147,925
Outstanding Balance
$130,343
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$159,426

Purchase Details

Closed on
Apr 30, 1985
Sold by
Swingle Anna E
Bought by
Kushner Roland J and Kushner Barbara E

Purchase Details

Closed on
Jan 4, 1985
Sold by
Fenon Duane T and Fenon Carol A
Bought by
Swingle Anna E

Purchase Details

Closed on
Apr 27, 1982
Bought by
Fenon Duane T and Fenon Carol A
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
Casanova Amarilis $152,500 None Available
Kushner Roland J $43,000 --
Swingle Anna E $42,500 --
Fenon Duane T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casanova Amarilis $147,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2019 06/17/19 Sold $305,000 0.0% $106 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
05/01/2019 05/01/19 Off Market $305,000 -- --
04/26/2019 04/26/19 Price Changed $309,900 -6.1% $108 / Sq Ft
03/12/2019 03/12/19 For Sale $329,900 -- $115 / 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 $3,792 $132,000 $19,100 $112,900
2024 $3,749 $132,000 $19,100 $112,900
2023 $3,716 $132,000 $19,100 $112,900
2022 $3,777 $132,000 $112,900 $19,100
2021 $3,759 $132,000 $19,100 $112,900
2020 $3,639 $132,000 $19,100 $112,900
2019 $3,666 $132,000 $19,100 $112,900
2018 $3,594 $132,000 $19,100 $112,900
2017 $3,435 $132,000 $19,100 $112,900
2016 -- $132,000 $19,100 $112,900
2015 -- $132,000 $19,100 $112,900
2014 -- $132,000 $19,100 $112,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 604495

Greater Lehigh Valley REALTORS®

APN: 641798002346-1