NOT LISTED FOR SALE

Estimated Value: $236,000 - $536,265

3 Beds
2 Baths
1,856 Sq Ft
$201/Sq Ft Est. Value

Last Sold January 25, 2024

Last sale price $460,000 $248 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $2,273/month

75 Days on Market

Highlights

  • 0.23 Acre Lot
  • Baseboard Heating
  • 17 Car Garage
  • Commercial or Retail Space

About This Home

As of January 2024

$81000 IN RENOVATIONS, RENT ROLL CURRENTLY $5814 AND $55K IN NET OPERATING INCOME makes this a very HOT investment that you should jump on!!! GREAT OPPORTUNITY FOR THIS 19 UNIT (COMPLEX) ...... With a single detached home, a 2 floor barn, and 17 storage units/garages on the property. Tucked away on a private no outlet street this is perfect for an investor looking to add to their portfolio. The single detached home boosts 4 bedrooms and 2 full bath, the 17 garages have just been remodeled with new garage doors, the 2 story barn with garage access has had a makeover as well. Do not miss the opportunity to take advantage of this already income producing complex and add strength to your portfolio.

Last Agent to Sell the Property

Eric Rothenberger

Better Homes&Gardens RE Valley Listed on: 09/06/2023

Better Homes&Gardens RE Valley

Last Buyer's Agent

Eric Rothenberger

Better Homes&Gardens RE Valley Listed on: 09/06/2023

Better Homes&Gardens RE Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,604

Year Built

  • Built in 1905

Lot Details

  • 10,023 Sq Ft Lot
  • Property is zoned R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Home Design

  • Commercial or Retail Space
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,856 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Parking

  • 17 Car Garage
  • Leased Parking

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 640714312507001

Community Details

Overview

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,604

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial, Complex, Detached
  • Technology: Cable, Smk Detector Battery
  • County Assessment: 103300.00
  • Stories: 2.0
  • Street Number Modifier: 622
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1905
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Square Footage: 1856

Exterior Features

  • Construction: Brick, Vinyl

Garage/Parking

  • Parking: Garage, Paved Lot, Rented
  • Parking Spaces: 17

Utilities

  • Cooling: Window ACs
  • Heat Type: Baseboard, Electric, Gas
  • Sewer: Public
  • Water: Public
  • Electric: 616
  • Insurance: 2750
  • Trash Removal: 315

Condo/Co-op/Association

  • Lawn Snow Removal: 540
  • Maintenance Repair: 2791
  • Management: 2093

Fee Information

  • Operating Expense: 14977

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.230
  • Lot Sq Ft: 10023
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Rental Info

  • Other Expenses: 2200

Tax Info

  • Assessor Parcel Number: 640714312507001
  • County Taxes: 390.47
  • Municipal Taxes: 874.12
  • Total Taxes: 3603.63

Multi Family

  • School Taxes: 2339.04
  • Total Units: 19
  • Total Unit Count: 19

MLS Schools

  • School District: Allentown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Jan 25, 2024
Sold by
Good Community Properties Llc
Bought by
Barkaa Llc
Seller's Agent
Eric Rothenberger
Better Homes&Gardens RE Valley
Buyer's Agent
Eric Rothenberger
Better Homes&Gardens RE Valley
List Price
$550,000
Sold Price
$460,000
Premium/Discount to List
-$90,000
-16.36%
Views
14
Current Estimated Value
$373,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$86,934
Avg. Annual Appreciation
-11.40%

Purchase Details

Listed on
Jan 3, 2015
Closed on
Apr 6, 2015
Sold by
Velazquez Manuel and Velazquez Estrella
Bought by
Augustine Albert
Seller's Agent
Barbara Detres
Harvey Z Raad Real Estate
Buyer's Agent
Jim Dietrich
Realty One Group Supreme
List Price
$135,000
Sold Price
$120,000
Premium/Discount to List
-$15,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.52%
Original Mortgage
$96,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2003
Sold by
Stoudt Dennis W and Stoudt Kunkel Dorothy F
Bought by
Velazquez Manuel and Velazquez Estrella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,495
Interest Rate
6.22%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 1997
Sold by
Kunkel Harley E
Bought by
Kunkel Harley E and Kunkel Dorothy E

Purchase Details

Closed on
Feb 9, 1993
Bought by
Kunkel Harley E

Purchase Details

Closed on
Dec 14, 1990
Bought by
Kunkel Harley E and Kunkel Dorothy F
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
Barkaa Llc $460,000 Pride Abstract
Augustine Albert $120,000 None Available
Velazquez Manuel $75,000 --
Kunkel Harley E -- --
Kunkel Harley E -- --
Kunkel Harley E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Augustine Albert $96,000
Previous Owner Velazquez Manuel $59,495
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/25/2024 01/25/24 Sold $460,000 -12.4% $248 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
11/13/2023 11/13/23 Price Changed $524,900 -2.7% $283 / Sq Ft
11/02/2023 11/02/23 Price Changed $539,500 -0.1% $291 / Sq Ft
10/31/2023 10/31/23 Price Changed $539,900 -0.9% $291 / Sq Ft
10/10/2023 10/10/23 Price Changed $545,000 -0.9% $294 / Sq Ft
09/20/2023 09/20/23 Price Changed $549,900 0.0% $296 / Sq Ft
09/13/2023 09/13/23 Price Changed $550,000 0.0% $296 / Sq Ft
09/06/2023 09/06/23 For Sale $550,000 +107.5% $296 / Sq Ft
06/08/2022 06/08/22 Sold $265,000 -18.5% $143 / Sq Ft View Prior Sale
05/09/2022 05/09/22 Pending -- -- --
04/27/2022 04/27/22 Price Changed $325,000 -9.7% $175 / Sq Ft
03/31/2022 03/31/22 For Sale $360,000 0.0% $194 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
12/01/2021 12/01/21 For Sale $360,000 +200.0% $194 / Sq Ft
04/14/2015 04/14/15 Sold $120,000 -11.1% $65 / Sq Ft View Prior Sale
02/23/2015 02/23/15 Pending -- -- --
01/03/2015 01/03/15 For Sale $135,000 -- $73 / 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 $3,604 $103,300 $21,700 $81,600
2024 $3,604 $103,300 $21,700 $81,600
2023 $3,604 $103,300 $21,700 $81,600
2022 $3,486 $103,300 $81,600 $21,700
2021 $3,421 $103,300 $21,700 $81,600
2020 $3,338 $103,300 $21,700 $81,600
2019 $3,288 $103,300 $21,700 $81,600
2018 $3,034 $103,300 $21,700 $81,600
2017 $2,962 $103,300 $21,700 $81,600
2016 -- $103,300 $21,700 $81,600
2015 -- $103,300 $21,700 $81,600
2014 -- $103,300 $21,700 $81,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 723623

Greater Lehigh Valley REALTORS®

APN: 640714312507-1