NOT LISTED FOR SALE

601 E Elm St Tamaqua, PA 18252

Estimated Value: $80,594 - $94,000

3 Beds
1.5 Baths
938 Sq Ft
$93/Sq Ft Est. Value

Last Sold February 22, 2022

Last sale price $76,000 $81 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $539/month

47 Days on Market

About This Home

As of February 2022

$10,900 Gross, $7,955 Net, 10% CAP @ asking. Three bedrooms, 1.5 baths, and completed renovations. With happy tenants, there is othing to do here but sit back and collect the rent checks. This is also being sold with 21 other units, buy this along with MLS #'s 681001, 680997, 680993 and 679579 all for $1,255,000. Buy them all with a built-in property manager. This is 3 minutes from the Downtown Tamaqua area which is seeing a resurgence. This is a great area to expand your real estate portfolio. 30 minutes north of Allentown. Limited showings due to covid.

Last Agent to Sell the Property

james reardon

EXP Realty LLC License #RS342638 Listed on: 10/03/2021

EXP Realty LLC

Last Buyer's Agent

james reardon

EXP Realty LLC License #RS342638 Listed on: 10/03/2021

EXP Realty LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $947

Year Built

  • Built in 1910

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 938 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • Insurance Expense $690
  • Water Sewer Expense $1,032
  • Operating Expense $2,845
  • Gross Income $10,800
  • Net Operating Income $7,955

Listing and Financial Details

  • Assessor Parcel Number 65040011000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$947

Year Built

Built in 1910

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row/Townhouse
  • County Assessment: 12100.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Square Footage: 938

Exterior Features

  • Construction: Frame, Vinyl

Garage/Parking

  • Parking Spaces: 2

Utilities

  • Cooling: Window AC
  • Heat Type: Baseboard
  • Sewer: Public
  • Water: Public
  • Insurance: 690
  • Water Sewer: 1032

Fee Information

  • Operating Expense: 2845

Lot Info

  • Acres: 0.070
  • Lot Sq Ft: 3049
  • Zoning Code: R-3-LOW DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 65040011000
  • Total Taxes: 947.00

Multi Family

  • Total Units: 1
  • Total Unit Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2021
Closed on
Feb 9, 2022
Sold by
Para Builders Llc
Bought by
Parekh Reena
Seller's Agent
james reardon
EXP Realty LLC
Buyer's Agent
james reardon
EXP Realty LLC
List Price
$87,000
Sold Price
$76,000
Premium/Discount to List
-$11,000
-12.64%
Current Estimated Value
$87,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,649
Avg. Annual Appreciation
3.58%
Original Mortgage
$57,000
Outstanding Balance
$52,935
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$34,714

Purchase Details

Closed on
Nov 15, 2017
Sold by
Nationstar Mortgage Llc
Bought by
Para Builders

Purchase Details

Closed on
Mar 10, 2017
Sold by
Murphy Jacqueline and Sommers Chad
Bought by
Wells Fargo Bank N A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Parekh Reena $76,000 First United Land Transfer
Para Builders $9,000 None Available
Nationstar Mortgage Llc -- None Available
Wells Fargo Bank N A $1,469 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parekh Reena $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2022 02/22/22 Sold $76,000 -5.0% $81 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
10/17/2021 10/17/21 Price Changed $80,000 -8.0% $85 / Sq Ft
10/03/2021 10/03/21 For Sale $87,000 -- $93 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

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 $1,056 $12,100 $3,750 $8,350
2024 $979 $12,100 $3,750 $8,350
2023 $979 $12,100 $3,750 $8,350
2022 $953 $12,100 $3,750 $8,350
2021 $948 $12,100 $3,750 $8,350
2020 $928 $12,100 $3,750 $8,350
2018 $899 $12,100 $3,750 $8,350
2017 $873 $12,100 $3,750 $8,350
2015 -- $12,100 $3,750 $8,350
2011 -- $12,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 681001

Greater Lehigh Valley REALTORS®

APN: 65-04-0011.000

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