NOT LISTED FOR SALE

621 Genesee St Unit 625 Allentown, PA 18103

Southside Neighborhood

Estimated Value: $239,727 - $356,000

3 Beds
3 Baths
2,178 Sq Ft
$133/Sq Ft Est. Value

Last Sold December 19, 2017

Last sale price $134,500 $62 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $1,945/month

20 Days on Market

About This Home

As of December 2017

Excellent opportunity to own a fully occupied investment property! This all brick buiding was built to house 3 separate units. Each of the 3 units are 1 Bedroom/1 Bath with full Kitchen and Living room. All units are currently occupied. 2 of the 3 units have new hot water heaters. Tenants pay all utilities. The property also has a large shared backyard with off street parking available. NO SHOWINGS AFTER THURSDAY, SEPTEMBER 21, 2017. WE ARE EXPECTING MULTIPLE OFFERS. PLEASE SUBMIT ALL OFFERS BY FRIDAY, SEPTEMBER 22, AT 2:00PM

Last Agent to Sell the Property

Anne Geis

RE/MAX Real Estate Listed on: 09/12/2017

RE/MAX Real Estate

Last Buyer's Agent

Kathrina Atamian

VORO Keystone LLC License #RS331821

VORO Keystone LLC

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1973

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 60 x 120

Parking

  • 4 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,178 Sq Ft Home
  • 2-Story Property

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 640648617913001

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,703
  • Maintenance Expense $402
  • Water Sewer Expense $1,297
  • Operating Expense $8,008
  • Gross Income $17,760
  • Net Operating Income $9,752

Property Details

Home Type

Apartment

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 130100.00
  • Stories: 2.0
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Bathrooms: Semi Modern
  • Square Footage: 2178

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking Spaces: 4

Utilities

  • Cooling: Central AC
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 1703
  • Water Sewer: 1297

Condo/Co-op/Association

  • Lawn Snow Removal: 602
  • Maintenance Repair: 402

Fee Information

  • Operating Expense: 8008

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.165
  • Lot Dimensions: 60 x 120
  • Lot Sq Ft: 7200
  • Zoning Code: R-M

Tax Info

  • Assessor Parcel Number: 640648617913001
  • County Taxes: 473.56
  • Municipal Taxes: 831.47
  • Total Taxes: 3780.21

Multi Family

  • School Taxes: 2475.18
  • Total Units: 3
  • Total Unit Count: 3

MLS Schools

  • School District: Allentown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2017
Closed on
Dec 19, 2017
Sold by
D & D Property Management
Bought by
Mg Genesee Apartments Llc
Seller's Agent
Anne Geis
RE/MAX Real Estate
Buyer's Agent
Kathrina Atamian
VORO Keystone LLC
List Price
$134,500
Sold Price
$134,500
Current Estimated Value
$288,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,432
Avg. Annual Appreciation
10.45%

Purchase Details

Closed on
Jun 16, 2003
Sold by
Delong Garry D and Delong Anna J
Bought by
D & D Property Management

Purchase Details

Closed on
Dec 30, 1991
Sold by
Butros Ramzi and Sylvia Muller
Bought by
Delong Garry D and Delong Anna J

Purchase Details

Closed on
Sep 30, 1988
Bought by
Butros Ramzi and Sylvia Muller
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
Mg Genesee Apartments Llc $134,500 Entitle Insurance Company
D & D Property Management $106,000 --
Delong Garry D $95,000 --
Butros Ramzi $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner D & D Property Management $124,800
Previous Owner D & D Property Management $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2017 12/19/17 Sold $134,500 0.0% $62 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
09/12/2017 09/12/17 For Sale $134,500 -- $62 / 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 $4,486 $130,100 $24,600 $105,500
2024 $4,486 $130,100 $24,600 $105,500
2023 $4,486 $130,100 $24,600 $105,500
2022 $4,338 $130,100 $105,500 $24,600
2021 $4,257 $130,100 $24,600 $105,500
2020 $4,152 $130,100 $24,600 $105,500
2019 $4,089 $130,100 $24,600 $105,500
2018 $3,780 $130,100 $24,600 $105,500
2017 $3,690 $130,100 $24,600 $105,500
2016 $479 $130,100 $24,600 $105,500
2015 -- $130,100 $24,600 $105,500
2014 -- $159,000 $24,600 $134,400
Source: Public Records

Agents Affiliated with this Home

  • Anne Geis

    Seller's Agent in 2017

    Anne Geis

    RE/MAX

    (484) 664-7455

    10 in this area

    66 Total Sales

    Anne Geis
    Section Image
  • Kathrina Atamian

    Buyer's Agent in 2017

    Kathrina Atamian

    VORO Keystone LLC

    (484) 353-0053

    4 in this area

    66 Total Sales

    Kathrina Atamian
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 557758

Greater Lehigh Valley REALTORS®

APN: 640648617913-1

Pennsylvania Lehigh County Allentown 18103 Southside

621 Genesee St Unit 625, Allentown, PA

This home is located at 621 Genesee St Unit 625, Allentown, PA 18103 since 12 September 2017 and is currently estimated at $288,932, approximately $132 per square foot. This property was built in 1973. 621 Genesee St Unit 625 is a home located in Lehigh County with nearby schools including Roosevelt Elementary School, South Mountain Middle School, and Louis E. Dieruff High School.

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