NOT LISTED FOR SALE

Estimated Value: $17,742 - $179,000

-- Bed
1 Bath
1,146 Sq Ft
$97/Sq Ft Est. Value

Last Sold December 16, 2024

Last sale price $4,500 $4 Per Sq Ft

Est. 2,365% increase in value since last sale

Current estimated payment $603/month

67 Days on Market

About This Home

As of December 2024

This prime corner lot in revitalizing Center City Allentown, measuring 1,542 sq ft, presents a fantastic opportunity for investors and homeowners alike. Located in a city undergoing significant growth and transformation, this versatile lot offers numerous development possibilities. For investors, it’s an ideal spot for residential or rental development in a high-demand market. There is also space to include a parking garage or pad, a valuable feature in city living. For those looking to build a custom home, the lot provides ample room to design your perfect space while enjoying the perks of urban living. Additionally, with the proper zoning approvals, the lot can be developed into rentable parking spaces or even a multi-unit home, providing passive income in a highly sought-after area. Located near the PPL Center and Allentown Art Museum, the lot is conveniently close to major highways such as I-78 and Route 22, making it ideal for commuters to NYC, Philadelphia, and the greater Lehigh Valley. The nearby Lehigh Valley International Airport also offers easy travel access. As Allentown continues its revitalization, this property represents a unique chance to invest in a thriving, up-and-coming community with rising property values. Whether you're an investor or a homeowner, this lot offers endless potential in the heart of Allentown’s booming Center City. **Buyer must do due diligence to determine what is permitted to be built, contact city Zoning department**

Last Agent to Sell the Property

Isa Peralta

IronValley RE of Lehigh Valley License #RS348094 Listed on: 09/26/2024

IronValley RE of Lehigh Valley

Last Buyer's Agent

Katherine Medina

I-Do Real Estate License #RS366693

Home Details

Home Type

  • Single Family

Lot Details

  • 1,542 Sq Ft Lot
  • Property is zoned R-MH-Medium High Density

Additional Features

  • City Lights Views
  • Not Connected to Water Source

Community Details

  • Jordan Park Subdivision

Listing and Financial Details

  • Tax Block 500

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Land
  • View: City Lights
  • LotSizeAcres: 0.035
  • Co List Office Mls Id: ACAES
  • Subdivision Name: Jordan Park
  • HumanModifiedYN: No
  • PropertySubTypeAdditional: Residential,Unimproved Land,Land
  • CurrentPrice: 4500.0
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Utilities

  • Sewer: Not Connected (nearby), Public Sewer
  • Utilities: Natural Gas Available, None
  • Water Source: Not Connected (nearby), Public

Schools

  • Junior High Dist: Allentown

Lot Info

  • Topography: Level,Sloping
  • Development Status: Unknown
  • Lot Size Sq Ft: 1542.0
  • Zoning: R-MH-Medium High Density

Tax Info

  • Tax Annual Amount: 235.0
  • Tax Block: 500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2024
Closed on
Dec 16, 2024
Sold by
Morales Martin
Bought by
Medina Katherine
Seller's Agent
Isa Peralta
IronValley RE of Lehigh Valley
Buyer's Agent
Katherine Medina
I-Do Real Estate
List Price
$17,000
Sold Price
$4,500
Premium/Discount to List
-$12,500
-73.53%
Views
47
Current Estimated Value
$110,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,436
Avg. Annual Appreciation
2215.09%

Purchase Details

Listed on
May 7, 2016
Closed on
Oct 10, 2016
Sold by
House Master International Real Estate I
Bought by
Morales Martin
Seller's Agent
Denise Francois
HomeSnipe Real Estate, LLC
Buyer's Agent
Alina King
Iron Valley R E Northeast
List Price
$3,900
Sold Price
$3,400
Premium/Discount to List
-$500
-12.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.49%

Purchase Details

Listed on
Apr 18, 2014
Closed on
Jul 7, 2014
Sold by
Bank Of America Na
Bought by
House Master International Real Estate I
Seller's Agent
John Zeigler
Vylla Home
Buyer's Agent
John Zeigler
Vylla Home
List Price
$3,050
Sold Price
$300
Premium/Discount to List
-$2,750
-90.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
179.74%

Purchase Details

Listed on
Apr 18, 2014
Closed on
Apr 14, 2014
Sold by
Federal National Mortgage Association
Bought by
Bank Of America Na
Seller's Agent
John Zeigler
Vylla Home
Buyer's Agent
John Zeigler
Vylla Home
List Price
$3,050
Sold Price
$300
Premium/Discount to List
-$2,750
-90.16%

Purchase Details

Closed on
Dec 24, 2012
Sold by
Rossi Sheriff Ronald W and Mieses Yturbides
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 21, 2006
Sold by
Filosa Victor T and Filosa Elfrieda
Bought by
Mieses Yturbides

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,410
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2004
Sold by
Interbay Funding Llc
Bought by
Ellenberger Daniel G

Purchase Details

Closed on
Nov 5, 2003
Sold by
Alvarado Lourdes
Bought by
Interbay Funding Llc

Purchase Details

Closed on
May 11, 2000
Sold by
S & D Partners
Bought by
Alvarado Lourdes

Purchase Details

Closed on
Apr 21, 1999
Sold by
Hall James
Bought by
S & D Partners

Purchase Details

Closed on
Dec 14, 1998
Sold by
Federal National Mortgage Association
Bought by
Hall James

Purchase Details

Closed on
Oct 13, 1998
Sold by
Frack Arlington T
Bought by
Federal National Mortgage Association
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
Medina Katherine $4,500 First United Land Transfer
Medina Katherine $4,500 First United Land Transfer
Morales Martin $34,000 None Available
House Master International Real Estate I $4,559 Servicelink Aliquippa Title
Bank Of America Na -- First American Title Ins Co
Federal National Mortgage Association -- --
Mieses Yturbides $69,900 First American Title Ins Co
Ellenberger Daniel G $25,300 --
Interbay Funding Llc -- --
Alvarado Lourdes $55,000 --
S & D Partners $23,000 --
Hall James $23,000 --
Federal National Mortgage Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mieses Yturbides $55,410
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2024 12/16/24 Sold $4,500 -73.5% $4 / Sq Ft
12/02/2024 12/02/24 Pending -- -- --
09/26/2024 09/26/24 For Sale $17,000 +400.0% $15 / Sq Ft
10/13/2016 10/13/16 Sold $3,400 -12.8% $3 / Sq Ft View Prior Sale
09/05/2016 09/05/16 Pending -- -- --
05/07/2016 05/07/16 For Sale $3,900 +1200.0% $3 / Sq Ft
09/19/2014 09/19/14 Sold $300 -88.0% $0 / Sq Ft View Prior Sale
06/28/2014 06/28/14 Pending -- -- --
06/19/2014 06/19/14 For Sale $2,500 +733.3% $2 / Sq Ft
06/06/2014 06/06/14 Sold $300 -90.2% $0 / Sq Ft View Prior Sale
06/05/2014 06/05/14 Pending -- -- --
04/18/2014 04/18/14 For Sale $3,050 -- $3 / 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 $235 $4,700 $4,700 $0
2024 $235 $4,700 $4,700 $0
2023 $235 $4,700 $4,700 $0
2022 $229 $4,700 $0 $4,700
2021 $227 $4,700 $4,700 $0
2020 $223 $4,700 $4,700 $0
2019 $220 $4,700 $4,700 $0
2018 $194 $4,700 $4,700 $0
2017 $191 $4,700 $4,700 $0
2016 -- $4,700 $4,700 $0
2015 -- $4,700 $4,700 $0
2014 -- $4,700 $4,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 745950

Greater Lehigh Valley REALTORS®

APN: 640702967195-1