NOT LISTED FOR SALE

557 Park St Allentown, PA 18102

Center City Neighborhood
3 Beds
2.5 Baths
1,968 Sq Ft
1,629 Sq Ft Lot

Last Sold July 02, 2024

Last sale price $235,000 $119 Per Sq Ft

5 Days on Market

About This Home

As of July 2024

***MULTIPLE OFFERS RECEIVED, OFFER DEADLINE MON 6/17 12PM NOON** Fully occupied 2 unit investment property for sale in Old Fairgrounds Historic District of Allentown. The 1st floor unit features 1 bedroom, 1.5 bathrooms, a large living room with hardwood floors, updated kitchen, access to the basement and back patio space. The second floor unit has 2 bedrooms and 1 bathroom. Separate entrances and utility meters, tenants pay their own electric and heat (1 unit gas heat and the other electric heat). Owner pays for the water/ sewer. Your tenants can enjoy the perks of 2 off street parking spots. Schedule your showing today!

Last Agent to Sell the Property

Katie Ramos

Century 21 Ramos Realty Listed on: 06/12/2024

Century 21 Ramos Realty

Last Buyer's Agent

Carly Villanueva

Journey Home Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,431

Year Built

  • Built in 1891

Lot Details

  • 1,629 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,968 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 640703242831001

Community Details

Overview

  • 2 Units
  • Old Frgrnds Historic Subdivision

Building Details

  • Insurance Expense $913
  • Manager Expense $2,220
  • Water Sewer Expense $1,057
  • Operating Expense $6,770
  • Gross Income $21,000
  • Net Operating Income $14,230

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,431

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row-End Unit
  • County Assessment: 75700.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1891
  • Year Built Exception: Unknown
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Bathrooms: Semi Modern
  • Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Square Footage: 1968

Exterior Features

  • Construction: Vinyl

Garage/Parking

  • Parking Spaces: 2

Utilities

  • Cooling: Wall AC, Window ACs
  • Heat Type: Baseboard, Electric, Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 913
  • Water Sewer: 1057

Condo/Co-op/Association

  • Lawn Snow Removal: 150
  • Management: 2220

Fee Information

  • Operating Expense: 6770

Lot Info

  • Acres: 0.037
  • Lot Sq Ft: 1629
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 640703242831001
  • County Taxes: 286.15
  • Municipal Taxes: 430.59
  • Total Taxes: 2430.83

Multi Family

  • School Taxes: 1714.09
  • Total Units: 2
  • Total Unit Count: 2

MLS Schools

  • School District: Allentown

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2024 07/02/24 Sold $235,000 +7.3% $119 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $219,000 +47.0% $111 / Sq Ft
12/04/2019 12/04/19 Sold $149,000 -3.2% $76 / Sq Ft View Prior Sale
10/20/2019 10/20/19 Pending -- -- --
09/25/2019 09/25/19 Price Changed $154,000 -3.1% $78 / Sq Ft
09/10/2019 09/10/19 For Sale $159,000 -- $81 / 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 $2,431 $75,700 $4,900 $70,800
2024 $2,431 $75,700 $4,900 $70,800
2023 $2,431 $75,700 $4,900 $70,800
2022 $2,345 $75,700 $70,800 $4,900
2021 $2,297 $75,700 $4,900 $70,800
2020 $2,236 $75,700 $4,900 $70,800
2019 $2,200 $75,700 $4,900 $70,800
2018 $2,057 $75,700 $4,900 $70,800
2017 $2,004 $75,700 $4,900 $70,800
2016 -- $75,700 $4,900 $70,800
2015 -- $75,700 $4,900 $70,800
2014 -- $75,700 $4,900 $70,800
Source: Public Records

Agents Affiliated with this Home

  • Katie Ramos

    Seller's Agent in 2024

    Katie Ramos

    Century 21 Ramos Realty

    (484) 241-6954

    4 in this area

    111 Total Sales

    Katie Ramos
    Section Image

  • C

    Buyer's Agent in 2024

    Carly Villanueva

    Journey Home Real Estate

    (610) 427-2431

    2 in this area

    16 Total Sales

    Carly Villanueva
    Section Image
  • William Meza

    Seller's Agent in 2019

    William Meza

    EXP Realty LLC

    (610) 597-5977

    3 in this area

    24 Total Sales

    William Meza
    Section Image

  • J

    Seller Co-Listing Agent in 2019

    Jeremy Wheeler

    D. R. Horton Realty of PA

    (610) 766-7200

    14 in this area

    79 Total Sales

    Jeremy Wheeler
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 739493

Greater Lehigh Valley REALTORS®

APN: 640703242831-1

Pennsylvania Lehigh County Allentown 18102 Center City

557 Park St, Allentown, PA

Not Listed for Sale

Townhouses

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