NOT LISTED FOR SALE

Estimated Value: $120,991

-- Bed
-- Bath
2,496 Sq Ft
$48/Sq Ft Est. Value

Last Sold June 25, 2012

Last sale price $60,000 $24 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $695/month

25 Days on Market

Highlights

  • Commercial or Retail Space
  • Hot Water Heating System
  • 1-minute walk to Dutchtown Park

About This Home

As of June 2012

Affordable Retail/Commercial building available for sale in an area of other shops, businesses and restaurants and is located just 3.5 blocks west from Centre Square in Easton. Total of 3 units. Zoning is Business Neighborhood Service and allows for many different uses. Approximately 1248 square feet of open usable space on the first floor w/2 rest rooms and there are (2) 1-BR apartments on the second floor to offset expenses. Last use was a bar/tavern and all remaining equipment including coolers, digital jukebox, tap system, pool table, etc. will remain. Everything is being sold strictly in its present As-Is condition and exactly the way it is. Electric is separated (3 meters/units). Water, sewer & gas hot water heat are common. Needs work, but priced accordingly. Recent code report on file (1/09/2012) & an estimate for smoke detector updates. No liquor license, just the real estate.

Last Agent to Sell the Property

Jonathan Miller

RE/MAX Real Estate Listed on: 04/14/2012

RE/MAX Real Estate

Last Buyer's Agent

Marion Day

BHHS Paul Ford Easton License #RS083181A

BHHS Paul Ford Easton

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 1,222 Sq Ft Lot

Parking

  • Off-Site Parking

Home Design

  • Commercial or Retail Space

Interior Spaces

  • 2,496 Sq Ft Home
  • 2-Story Property

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Gas

Community Details

  • 3 Units
  • Gross Income $1,100

Listing and Financial Details

  • Assessor Parcel Number L9SE1B-25-17-0310

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial
  • County Assessment: 36900.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Bathrooms: Old
  • Square Footage: 2496

Garage/Parking

  • Parking: Off Site

Utilities

  • Cooling: No Air
  • Heat Type: Gas, Hot Water
  • Sewer: Public
  • Water: Public

Schools

  • School District: Easton

Lot Info

  • Acres: 0.028
  • Lot Sq Ft: 1222
  • Zoning Code: BNS

Tax Info

  • Assessor Parcel Number: L9SE1B-25-17-0310
  • County Taxes: 398.52
  • Municipal Taxes: 920.66
  • Total Taxes: 3828.01

Multi Family

  • School Taxes: 2508.83
  • Total Units: 3
  • Total Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2014
Sold by
Longo Daniel R and Longo Kristin P
Bought by
612 Northampton Llc
Current Estimated Value
$120,991

Purchase Details

Listed on
Apr 14, 2012
Closed on
Jun 25, 2012
Sold by
Nehme Nehme J
Bought by
Longo Daniel R and Longo Kristin P
Seller's Agent
Jonathan Miller
RE/MAX Real Estate
Buyer's Agent
Marion Day
BHHS Paul Ford Easton
List Price
$79,800
Sold Price
$60,000
Premium/Discount to List
-$19,800
-24.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%
Original Mortgage
$48,000
Interest Rate
3.84%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 17, 2011
Sold by
Velez Pedro
Bought by
Nehme Nehme J
Source: Public Records

Range of Values:

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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
612 Northampton Llc -- None Available
Longo Daniel R $60,000 None Available
Nehme Nehme J $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 612 Northampton Llc $81,000
Closed 612 Northampton Llc $112,000
Previous Owner Longo Daniel R $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2012 06/25/12 Sold $60,000 -24.8% $24 / Sq Ft
05/09/2012 05/09/12 Pending -- -- --
04/14/2012 04/14/12 For Sale $79,800 -- $32 / 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 $437 $40,500 $23,600 $16,900
2024 $4,201 $40,500 $23,600 $16,900
2023 $4,201 $40,500 $23,600 $16,900
2022 $4,148 $40,500 $23,600 $16,900
2021 $4,137 $40,500 $23,600 $16,900
2020 $4,135 $40,500 $23,600 $16,900
2019 $4,086 $40,500 $23,600 $16,900
2018 $4,028 $40,500 $23,600 $16,900
2017 $3,949 $40,500 $23,600 $16,900
2016 -- $40,500 $23,600 $16,900
2015 -- $40,500 $23,600 $16,900
2014 -- $36,900 $23,600 $13,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 428403

Greater Lehigh Valley REALTORS®

APN: L9SE1B-25-17-0310