NOT LISTED FOR SALE

624 N Maxwell St Allentown, PA 18109

East Allentown Neighborhood

Estimated Value: $1,112,455

8 Beds
8 Baths
5,985 Sq Ft
$186/Sq Ft Est. Value

Last Sold April 07, 2017

Last sale price $420,000 $70 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $7,298/month

188 Days on Market

About This Home

As of April 2017

9 UNIT MIXED USE PROPERTY ~ FULLY OCCUPIED 8 RESIDENTIAL / 1 COMMERCIAL ~ $76,200 GROSS ANNUAL INCOME ~ REMODELLED UNITS ~ OFF STREET PARKING. Nine-unit, fully-occupied mixed use building in City of Allentown near many retail amenities. Apartment building updated in 2005. Features new in 2005 include roof, windows and electric panels. Updated kitchen cabinets and flooring in all units. All eight apartments and adjoining restaurant are fully leased. Call today for a private showing.

Last Agent to Sell the Property

Charalambos Papageorgiou

Emerald Realty Group Listed on: 08/02/2016

Last Buyer's Agent

Charalambos Papageorgiou

Emerald Realty Group Listed on: 08/02/2016

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,426

Year Built

  • Built in 1914

Lot Details

  • 9,017

Home Design

  • 5,985 Sq Ft Home
  • Commercial or Retail Space
  • Mixed Use
  • Brick Exterior Construction

Parking

  • 12 Parking Spaces
  • Paved Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Oil

Community Details

  • 9 Units
  • Gross Income $76,200

Listing and Financial Details

  • Assessor Parcel Number 641706985690001

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,426

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Commercial, Mixed Use
  • County Assessment: 297900.00
  • Street Number Modifier: -626
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1914
  • Special Features: None

Interior Features

  • Bathrooms: Semi Modern
  • Square Footage: 5985

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 12

Utilities

  • Cooling: Wall AC
  • Heat Type: Hot Water, Oil
  • Sewer: Public
  • Water: Public

Schools

  • School District: Allentown

Lot Info

  • Zoning Code: B-3 Highway Business

Tax Info

  • Assessor Parcel Number: 641706985690001
  • Total Taxes: 8426.00

Multi Family

  • Total Units: 9
  • Total Unit Count: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2020
Sold by
624 62 6 North Maxwell Street Llc
Bought by
Abe Investors Llc
Total Days on Market
188
Current Estimated Value
$1,112,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Outstanding Balance
$557,353
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$555,102

Purchase Details

Listed on
Aug 2, 2016
Closed on
Apr 7, 2017
Sold by
Ducheine Crescnac
Bought by
624 62 6 North Maxwell Street Llc
Seller's Agent
Charalambos Papageorgiou
Emerald Realty Group
Buyer's Agent
Charalambos Papageorgiou
Emerald Realty Group
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.70%
Original Mortgage
$315,000
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 2005
Sold by
Haddad Richard
Bought by
Ducheine Cresnac

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
5.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 13, 2003
Sold by
Sallit Fayssal and Sallit Issa
Bought by
Haddad Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 1997
Sold by
Elias Issam W and Elias Leila
Bought by
Sallit Fayssal and Sallit Issa

Purchase Details

Closed on
Aug 2, 1991
Sold by
Gross Malcolm J and Kintzel James E
Bought by
Elias Issam W and Elias Leila

Purchase Details

Closed on
Nov 17, 1980
Bought by
Gross Malcolm J and Kintzel James E
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Abe Investors Llc $775,000 First United Land Transfer I
624 62 6 North Maxwell Street Llc $420,000 None Available
Ducheine Cresnac $290,000 --
Haddad Richard $210,000 --
Sallit Fayssal $125,000 --
Elias Issam W $132,500 --
Gross Malcolm J $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abe Investors Llc $620,000
Previous Owner 624 626 North Maxwell Street Llc $540,000
Previous Owner 624 62 6 North Maxwell Street Llc $315,000
Previous Owner Ducheine Cresnac $217,500
Previous Owner Haddad Richard $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2017 04/07/17 Sold $420,000 -6.7% $70 / Sq Ft
02/06/2017 02/06/17 Pending -- -- --
08/02/2016 08/02/16 For Sale $450,000 -- $75 / 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 $12,847 $382,700 $54,000 $328,700
2024 $12,847 $382,700 $54,000 $328,700
2023 $12,847 $382,700 $54,000 $328,700
2022 $12,411 $382,700 $328,700 $54,000
2021 $12,171 $382,700 $54,000 $328,700
2020 $11,864 $382,700 $54,000 $328,700
2019 $9,319 $297,900 $54,000 $243,900
2018 $8,621 $297,900 $54,000 $243,900
2017 $8,413 $297,900 $54,000 $243,900
2016 -- $297,900 $54,000 $243,900
2015 -- $297,900 $54,000 $243,900
2014 -- $297,900 $54,000 $243,900
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Charalambos Papageorgiou

    Emerald Realty Group

See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 526992

Greater Lehigh Valley REALTORS®

APN: 641706985690-1

Pennsylvania Lehigh County Allentown 18109 East Allentown

624 N Maxwell St, Allentown, PA

This home is located at 624 N Maxwell St, Allentown, PA 18109 since 02 August 2016 and is currently estimated at $1,112,455, approximately $185 per square foot. This property was built in 1914. 624 N Maxwell St is a home located in Lehigh County with nearby schools including Ritter Elementary School, Harrison-Morton Middle School, and Louis E. Dieruff High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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