NOT LISTED FOR SALE
Studio
-- Bath
26,748 Sq Ft
3.31 Acre Lot

Sale Details

Date Sold: November 8, 2023

Last sale price $1,200,000 $45 Per Sq Ft

475 Days on Market

Highlights

  • 3.31 Acre Lot
  • 40 Car Garage
  • Heating Available
  • Ironton Elementary School Rated A

About This Home

As of November 2023

Introducing 5477 Mauser St., an exciting investment opportunity! With a 50% down payment, we offer owner financing. While the front 5 apartments are currently condemned and the septic system needs replacement, the back building continues to generate cash flow. Both the buildings and the land hold immense potential. A total of 24 units make this property an excellent addition to your portfolio. Don't miss out on this chance to invest in a property with promising possibilities! AS-IS SALE!

Last Agent to Sell the Property

Bryant Rosado

Space Real Estate LLC License #RM424894 Listed on: 06/25/2022

Last Buyer's Agent

Matt Sorrentino

Howard Hanna TheFrederickGroup License #RS195041L

Howard Hanna TheFrederickGroup

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $19,197

Year Built

  • Built in 1957

Lot Details

  • 3.31 Acre Lot

Home Design

  • 26,748 Sq Ft Home
  • Mixed Use
  • Brick Exterior Construction
  • Stucco Exterior
  • Stone

Parking

  • 40 Car Garage
  • Unpaved Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating Available
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 558134574974 001

Community Details

Overview

  • 19 Units

Building Details

  • Electric Expense $3,000
  • Insurance Expense $6,000
  • Maintenance Expense $500
  • Trash Expense $1,000
  • Water Sewer Expense $6,150
  • Operating Expense $31,301
  • Gross Income $300,000
  • Net Operating Income $268,699

Property Details

Home Type

Apartment

Est. Annual Taxes

$19,197

Year Built

Built in 1957

Lot Details

3.31 Acres

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Commercial, Mixed Use
  • County Assessment: 923800.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1957
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Features: No Disclosure
  • Square Footage: 26748

Exterior Features

  • Construction: Brick, Stone, Stucco

Garage/Parking

  • Parking: Garage, Paved Lot, Unpaved Lot
  • Parking Spaces: 40

Utilities

  • Cooling: Wall AC, Window ACs
  • Heat Type: Electric
  • Sewer: Septic
  • Water: Public
  • Electric: 3000
  • Insurance: 6000
  • Trash Removal: 1000
  • Water Sewer: 6150

Condo/Co-op/Association

  • Maintenance Repair: 500

Fee Information

  • Operating Expense: 31301

Lot Info

  • Acres: 3.310
  • Lot Sq Ft: 144183
  • Zoning Code: Vr-Village Residential

Tax Info

  • Assessor Parcel Number: 558134574974 001
  • County Taxes: 3491.96
  • Municipal Taxes: 554.28
  • Total Taxes: 19196.56

Multi Family

  • School Taxes: 15150.32
  • Total Units: 19

MLS Schools

  • School District: Parkland

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2022
Closed on
Nov 3, 2023
Sold by
Bought by
Seller's Agent
Bryant Rosado
Space Real Estate LLC
Buyer's Agent
Matt Sorrentino
Howard Hanna TheFrederickGroup
List Price
$2,000,000
Sold Price
$1,200,000
Premium/Discount to List
-$800,000
-40%
Views
1

Purchase Details

Closed on
Oct 30, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
0.0498%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,200,000 None Listed On Document
$60,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $134,000
Previous Owner $475,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/08/2023 11/08/23 Sold $1,200,000 -29.4% $45 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
10/09/2023 10/09/23 Price Changed $1,700,000 -10.5% $64 / Sq Ft
09/26/2023 09/26/23 Price Changed $1,900,000 -5.0% $71 / Sq Ft
08/17/2023 08/17/23 Price Changed $2,000,000 0.0% $75 / Sq Ft
08/17/2023 08/17/23 For Sale $2,000,000 +5.3% $75 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
07/26/2023 07/26/23 For Sale $1,900,000 0.0% $71 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
01/29/2023 01/29/23 Price Changed $1,900,000 -5.0% $71 / Sq Ft
11/22/2022 11/22/22 For Sale $2,000,000 0.0% $75 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
06/25/2022 06/25/22 For Sale $2,000,000 -- $75 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $21,137 $923,800 $268,100 $655,700
2025 $20,508 $923,800 $268,100 $655,700
2024 $19,289 $923,800 $268,100 $655,700
2023 $18,735 $923,800 $268,100 $655,700
2022 $18,652 $923,800 $655,700 $268,100
2021 $18,652 $923,800 $268,100 $655,700
2020 $18,652 $923,800 $268,100 $655,700
2019 $18,162 $923,800 $268,100 $655,700
2018 $17,802 $923,800 $268,100 $655,700
2017 $17,543 $923,800 $268,100 $655,700
2016 -- $656,200 $268,100 $388,100
2015 -- $656,200 $268,100 $388,100
2014 -- $656,200 $268,100 $388,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 695726

Greater Lehigh Valley REALTORS®

APN: 558134574974-1

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