NOT LISTED FOR SALE

Estimated Value: $294,000

-- Bed
-- Bath
8,500 Sq Ft
$35/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $190,000 $22 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,247/month

82 Days on Market

About This Home

As of May 2021

Seven units Multi-Family home for sale. Great opportunity for someone who is looking to invest in Real Estate. Six units are currently occupied, One unit just vacated.

Last Listed By

Lisa Vukovic

Weichert Realtors Listed on: 07/01/2020

Weichert Realtors

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1950

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 10 Car Garage

Home Design

  • 8,500 Sq Ft Home
  • Vinyl Construction Material

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 09513010008

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $432
  • Insurance Expense $3,000
  • Maintenance Expense $3,500
  • Other Expense $432
  • Water Sewer Expense $3,600
  • Operating Expense $18,183
  • Gross Income $49,300
  • Net Operating Income $31,117

Property Details

Home Type

Apartment

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 28800.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1950
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Square Footage: 8500

Exterior Features

  • Construction: Vinyl

Garage/Parking

  • Parking: Garage
  • Parking Spaces: 10

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric, Hot Water
  • Sewer: Public
  • Water: Public
  • Electric: 432
  • Insurance: 3000
  • Water Sewer: 3600

Condo/Co-op/Association

  • Lawn Snow Removal: 500
  • Maintenance Repair: 3500

Fee Information

  • Operating Expense: 18183

Lot Info

  • Acres: 0.130
  • Lot Sq Ft: 5663
  • Zoning Code: COMMERCIAL

Rental Info

  • Other Expenses: 432

Tax Info

  • Assessor Parcel Number: 09513010008
  • County Taxes: 1258.29
  • Municipal Taxes: 1000.00
  • Total Taxes: 5591.23

Multi Family

  • School Taxes: 3332.74
  • Total Units: 7
  • Total Unit Count: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
May 3, 2021
Sold by
Duggan Patarick and Osullivan William
Bought by
532 N Main Street Llc
Seller's Agent
Lisa Vukovic
Weichert Realtors
Buyer's Agent
Lisa Vukovic
Weichert Realtors
List Price
$249,900
Sold Price
$190,000
Premium/Discount to List
-$59,900
-23.97%
Total Days on Market
82
Current Estimated Value
$294,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,000
Original Mortgage
$120,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2004
Bought by
Osullivan Wm and Duggan Patarick

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
532 N Main Street Llc $190,000 Passport Title Services Llc
Osullivan Wm $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 532 N Main Street Llc $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2021 05/05/21 Sold $190,000 -24.0% $22 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $249,900 -- $29 / 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 $7,409 $28,800 $2,000 $26,800
2024 $6,356 $28,800 $2,000 $26,800
2023 $6,356 $28,800 $2,000 $26,800
2022 $6,158 $28,800 $2,000 $26,800
2021 $6,143 $28,800 $2,000 $26,800
2020 $6,028 $28,800 $2,000 $26,800
2019 $5,591 $28,800 $2,000 $26,800
2018 $5,490 $28,800 $2,000 $26,800
2017 $5,462 $28,800 $2,000 $26,800
2016 $3,203 $28,800 $2,000 $26,800
2015 -- $28,800 $2,000 $26,800
2014 -- $28,800 $2,000 $26,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 640775

Greater Lehigh Valley REALTORS®

APN: 09513010007