NOT LISTED FOR SALE

61 Malaty Ln Lehighton, PA 18235

Estimated Value: $170,000 - $205,000

2 Beds
2 Baths
1,600 Sq Ft
$112/Sq Ft Est. Value

Last Sold May 21, 2018

Last sale price $75,000 $47 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $1,154/month

13 Days on Market

About This Home

As of May 2018

Recently renovated detached 2 unit building. 100% occupied with professionally screened tenants. Tenants are responsible for all utilities.

Last Agent to Sell the Property

Donald Wenner

DLP Realty License #AB067794 Listed on: 03/13/2018

Last Buyer's Agent

(Not in neighboring Other MLS Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,637

Year Built

  • Built in 1935

Lot Details

  • 0.5 Acre Lot

Parking

  • Off-Site Parking

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Washer and Gas Dryer Hookup

Utilities

  • No Cooling
  • Heating Available
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 72-7-B41.01

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $254
  • Fuel Expense $254
  • Insurance Expense $266
  • Maintenance Expense $630
  • Trash Expense $911
  • Operating Expense $6,309
  • Gross Income $17,700
  • Net Operating Income $11,724

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,637

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Directions: Rt248 to Bowmanstown exit to Rt895 into Rexs market. There is an alley along the right side of the market, this is Mataty Lane. Look for sign.
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Building Stories: 2
  • Year Built: 1935
  • PropertySubType: Multi Family
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Lot Size Acres: 0.5
  • Co List Office Phone: 610-756-2090
  • MLS Status: Closed
  • Subdivision Name: None
  • Location Tax and Legal Parcel Number2: 72-7-B41.01
  • Location Tax and Legal Tax Annual Amount2: 1636.75
  • Location Tax and Legal Zoning Description2: Residential
  • General Property Information Stories2: 2
  • General Property Information Lot Size Acres: 0.5
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Equipment:Water Heater - Electric: Yes
  • Appliances Water Heater3: Yes
  • Water Source:Well: Yes
  • General Property Information Basement YN: No
  • Laundry Features Gas Dryer Hookup: Yes
  • Cooling None4: Yes
  • General Property Information Number Of Buildings2: 1.0
  • Income And Expenses Operating Expense: 6309.0
  • Income And Expenses Maintenance Expense: 630.0
  • Income And Expenses Fuel Expense: 254.0
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Basement YN: No

Exterior Features

  • Roof: Shingle
  • Construction Type: Aluminum Siding
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Parking Features:Off Site: Yes

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: None
  • Heating: Electric
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Electric5: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Sq Ft: 21780.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 72-7-B41.01
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1636.75
  • Tax Book Number: 2107/803

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2018
Closed on
May 16, 2018
Sold by
Cad Holdings Llc
Bought by
Romano Josephine Mazzeo
Seller's Agent
Donald Wenner
DLP Realty
Buyer's Agent
(Not in neighboring Other MLS Member
NON MEMBER
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%
Total Days on Market
13
Current Estimated Value
$182,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,802
Avg. Annual Appreciation
13.76%
Original Mortgage
$73,641
Outstanding Balance
$66,302
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$124,686

Purchase Details

Closed on
May 8, 2014
Sold by
Gunkel Mark
Bought by
Cad Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,269,800
Interest Rate
4.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2007
Sold by
Keys Timothy and Schmoyer Rachel
Bought by
Gunkel Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.23%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Romano Josephine Mazzeo $75,000 Penntitle Inc
Cad Holdings Llc $56,220 None Available
Gunkel Mark $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romano Josephine Mazzeo $73,641
Previous Owner Cad Holdings Llc $1,269,800
Previous Owner Cad Holdings Llc $1,269,800
Previous Owner Gunkel Mark T $243,000
Previous Owner Gunkel Mark $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2018 05/21/18 Sold $75,000 0.0% $47 / Sq Ft
05/21/2018 05/21/18 Sold $75,000 -6.1% $47 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
03/26/2018 03/26/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $79,900 0.0% $50 / Sq Ft
09/13/2017 09/13/17 For Sale $79,900 -- $50 / Sq Ft
Source: Pocono Mountains Association of 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 $1,899 $24,700 $6,350 $18,350
2024 $1,825 $24,700 $6,350 $18,350
2023 $1,807 $24,700 $6,350 $18,350
2022 $1,807 $24,700 $6,350 $18,350
2021 $1,754 $24,700 $6,350 $18,350
2020 $1,711 $24,700 $6,350 $18,350
2019 $1,637 $24,700 $6,350 $18,350
2018 $1,637 $24,700 $6,350 $18,350
2017 $1,637 $24,700 $6,350 $18,350
2016 -- $24,700 $6,350 $18,350
2015 -- $24,700 $6,350 $18,350
2014 -- $24,700 $6,350 $18,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-55312

Pocono Mountains Association of REALTORS®

APN: 72-7-B41.01