NOT LISTED FOR SALE

625 W Allen St Allentown, PA 18102

Center City Neighborhood

Estimated Value: $985,242

6 Beds
3 Baths
1,693 Sq Ft
$582/Sq Ft Est. Value

Last Sold January 07, 2016

Last sale price $89,500 $53 Per Sq Ft

Est. 1,001% increase in value since last sale

Current estimated payment $5,364/month

222 Days on Market

Highlights

  • Storm Windows
  • Hot Water Heating System
  • 1-minute walk to Stevens Park
  • Ceiling Fan
  • Wall to Wall Carpet

About This Home

As of January 2016

Excellent cash flow. Licensed (6 room) Rooming House conveniently located in center city Allentown. Long term tenants. Manager on premises. Manager pays $50 per week. Average weekly rent is $85. Rents could be much more. Great investment opportunity.

Last Agent to Sell the Property

Jean Prewitt

Weichert Realtors - Allentown Listed on: 05/08/2015

Weichert Realtors - Allentown

Last Buyer's Agent

Paul Renaut

RE/MAX of Reading

RE/MAX of Reading

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,196

Year Built

  • Built in 1884

Lot Details

  • 1,300 Sq Ft Lot
  • Lot Dimensions are 20x65

Parking

  • Off-Site Parking

Home Design

  • Stone

Interior Spaces

  • 1,693 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Home Security

Utilities

  • Radiator
  • Hot Water Heating System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 640703056299-00001

Community Details

Overview

  • 6 Units
  • Old Frgrnds Historic Subdivision

Building Details

  • Electric Expense $1,450
  • Insurance Expense $775
  • Other Expense $500
  • Trash Expense $450
  • Water Sewer Expense $400
  • Operating Expense $7,250
  • Gross Income $26,000
  • Net Operating Income $18,750

Security

  • Storm Windows
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,196

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row/Townhouse
  • Technology: Cable, Smk Detector Battery
  • County Assessment: 44300.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1884
  • Special Features: None

Interior Features

  • Features: No Disclosure, Storm Windows, Wall-to-Wall Carpet
  • Bathrooms: Old
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 6
  • Square Footage: 1693

Exterior Features

  • Construction: Aluminum, Stone

Garage/Parking

  • Parking: Off Site

Utilities

  • Cooling: Ceiling Fan
  • Heat Type: Gas, Hot Water, Radiator
  • Sewer: Public
  • Water: Public
  • Electric: 1450
  • Heat: 2000
  • Insurance: 775
  • Trash Removal: 450
  • Water Sewer: 400

Fee Information

  • Operating Expense: 7250

Lot Info

  • Acres: 0.030
  • Lot Dimensions: 20x65
  • Lot Sq Ft: 1300
  • Zoning Code: R-Mh

Rental Info

  • Other Expenses: 500

Tax Info

  • Assessor Parcel Number: 640703056299-00001
  • County Taxes: 166.13
  • Municipal Taxes: 217.60
  • Total Taxes: 1195.69

Multi Family

  • School Taxes: 811.96
  • Total Units: 6

MLS Schools

  • School District: Allentown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2024
Sold by
Reppert Gregory D
Bought by
Parmet Property Group Llc
Current Estimated Value
$985,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$748,000
Outstanding Balance
$740,991
Interest Rate
6.44%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
May 8, 2015
Closed on
Jan 5, 2016
Sold by
Hrp Properties Llc
Bought by
Reppert Gregory D
Seller's Agent
Jean Prewitt
Weichert Realtors - Allentown
Buyer's Agent
Paul Renaut
RE/MAX of Reading
List Price
$124,900
Sold Price
$89,500
Premium/Discount to List
-$35,400
-28.34%

Purchase Details

Closed on
Oct 20, 2006
Sold by
Ellenberger Daniel G
Bought by
Hrp Properties Llc

Purchase Details

Closed on
Jan 6, 1995
Bought by
Ellenberger Daniel G and Ellenberger Michele M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Parmet Property Group Llc $281,740 None Listed On Document
Parmet Property Group Llc $281,740 None Listed On Document
Reppert Gregory D $89,500 None Available
Hrp Properties Llc $105,000 None Available
Ellenberger Daniel G $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parmet Property Group Llc $748,000
Closed Parmet Property Group Llc $748,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2016 01/07/16 Sold $89,500 -28.3% $53 / Sq Ft
12/16/2015 12/16/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $124,900 -- $74 / 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 $2,115 $65,900 $4,200 $61,700
2024 $2,115 $65,900 $4,200 $61,700
2023 $2,115 $65,900 $4,200 $61,700
2022 $2,040 $65,900 $61,700 $4,200
2021 $1,999 $65,900 $4,200 $61,700
2020 $1,946 $65,900 $4,200 $61,700
2019 $1,914 $65,900 $4,200 $61,700
2018 $1,790 $65,900 $4,200 $61,700
2017 $1,744 $65,900 $4,200 $61,700
2016 -- $65,900 $4,200 $61,700
2015 -- $44,300 $4,200 $40,100
2014 -- $44,300 $4,200 $40,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jean Prewitt

    Weichert Realtors - Allentown

    Section Image

  • P

    Buyer's Agent in 2016

    Paul Renaut

    RE/MAX

    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 495941

Greater Lehigh Valley REALTORS®

APN: 640703056299-1

Pennsylvania Lehigh County Allentown 18102 Center City

625 W Allen St, Allentown, PA

Not Listed for Sale

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