NOT LISTED FOR SALE

54 E Phillips St Coaldale, PA 18218

Estimated Value: $78,220 - $123,000

3 Beds
1 Bath
1,225 Sq Ft
$77/Sq Ft Est. Value

Last Sold April 15, 2024

Last sale price $65,000 $53 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $626/month

6 Days on Market

About This Home

As of April 2024

Attention investors seeking a promising opportunity! Feast your eyes on 54 E Phillips St—a property poised for profit. With a monthly rent of $900 and a gross income of $10,800, this gem yields a solid net income of $8,414 annually. Priced attractively and in good condition, this property offers a hassle-free investment experience. Situated in a desirable location, tenants are on a month-to-month lease, paying all utilities while you handle taxes and insurance. Don't miss out on this chance to bolster your portfolio with a reliable income generator. Act now and seize this opportunity for success!

Last Agent to Sell the Property

Jennifer de Jesus

Steel City Realty License #RM423820 Listed on: 02/27/2024

Last Buyer's Agent

LEE SHEHADEH

Castle Gate Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,587

Year Built

  • Built in 1915

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Semi-Detached or Twin Home
  • Vinyl Construction Material

Interior Spaces

  • 1,225 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Home Security

Utilities

  • No Cooling
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 40020527000

Community Details

Building Details

  • Insurance Expense $800
  • Operating Expense $2,386
  • Gross Income $10,800
  • Net Operating Income $8,414

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,587

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Semi Detached/Twin
  • Technology: Smk Detector Battery
  • County Assessment: 14560.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1915
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Square Footage: 1225

Exterior Features

  • Construction: Vinyl

Utilities

  • Cooling: No Air
  • Heat Type: Oil
  • Sewer: Public
  • Water: Public
  • Insurance: 800

Fee Information

  • Operating Expense: 2386

Lot Info

  • Acres: 0.110
  • Lot Sq Ft: 4792
  • Zoning Code: resi

Tax Info

  • Assessor Parcel Number: 40020527000
  • County Taxes: 232.67
  • Municipal Taxes: 473.20
  • Total Taxes: 1586.75

Multi Family

  • School Taxes: 880.88
  • Total Units: 1
  • Total Unit Count: 1

MLS Schools

  • School District: Panther Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Apr 1, 2024
Sold by
Kathlal Realty Llc
Bought by
Fiducia Paul
Seller's Agent
Jennifer de Jesus
Steel City Realty
Buyer's Agent
LEE SHEHADEH
Castle Gate Realty
List Price
$650,000
Sold Price
$65,000
Premium/Discount to List
-$585,000
-90%
Views
50
Current Estimated Value
$94,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,305
Avg. Annual Appreciation
23.40%
Original Mortgage
$52,000
Outstanding Balance
$50,197
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$44,108

Purchase Details

Closed on
May 3, 2022
Sold by
Bp Supreme Llc
Bought by
Kathlal Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
5.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 17, 2021
Sold by
Keer Debra
Bought by
Bp Supreme Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 17, 2020
Sold by
Lakitsky Albert M
Bought by
Keer Debra

Purchase Details

Closed on
Mar 30, 2010
Sold by
Nemecek Frank
Bought by
Lakitsky Albert 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
Fiducia Paul $65,000 Steel Abstract
Kathlal Realty Llc $50,000 New Title Company Name
Bp Supreme Llc $40,000 Steel Abstract
Keer Debra $20,000 Carbon Search & Setmnt Svcs
Lakitsky Albert M $11,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fiducia Paul $52,000
Previous Owner Kathlal Realty Llc $112,500
Previous Owner Bp Supreme Llc $356,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2024 04/15/24 Sold $65,000 0.0% $53 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
02/27/2024 02/27/24 Price Changed $65,000 -90.0% $53 / Sq Ft
02/27/2024 02/27/24 For Sale $650,000 0.0% $531 / Sq Ft
09/28/2022 09/28/22 Rented $900 0.0% --
09/28/2022 09/28/22 Under Contract -- -- --
08/30/2022 08/30/22 For Rent $900 -- --
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 $1,658 $14,560 $3,750 $10,810
2024 $1,578 $14,560 $3,750 $10,810
2023 $1,570 $14,560 $3,750 $10,810
2022 $1,552 $14,560 $3,750 $10,810
2021 $1,554 $14,560 $3,750 $10,810
2020 $1,490 $14,560 $3,750 $10,810
2018 $1,393 $14,560 $3,750 $10,810
2017 $1,361 $14,560 $3,750 $10,810
2015 -- $14,560 $3,750 $10,810
2011 -- $14,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 733548

Greater Lehigh Valley REALTORS®

APN: 40-02-0527.000