NOT LISTED FOR SALE

642 Genesee St Unit 644 Allentown, PA 18103

Southside Neighborhood

Estimated Value: $287,000 - $308,000

4 Beds
2 Baths
1,584 Sq Ft
$188/Sq Ft Est. Value

Last Sold May 08, 2024

Last sale price $295,000 $186 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,026/month

8 Days on Market

Highlights

  • Central Air
  • Wall to Wall Carpet
  • 5-minute walk to Roosevelt Park
  • Baseboard Heating

About This Home

As of May 2024

This is a solid low maintenance modern garden style two unit in decent condition. Current owner built the building in 1992. A new roof was installed in May 2021. Each residence has two bedrooms and one full bathroom. Each residence has a stove, refrigerator and is heated by low maintenance electric baseboard heat. Tenant pay for their own separately metered electricity, heat and hot water. Tenant also maintain lawn and are responsible for snow removal. Landlord pays water/sewer and trash pick up. There are four paved off street parking spaces in the rear of the building. Quiet side street location. Easy access to Allentown PPL events center. Owner will provide a clear certificate of occupancy prior to settlement. Tenants are long term and rents are extremely low. The property offers the opportunity to increase rents to make this a solid money making part of your portfolio. Would also make an easily managed first time investment.

Last Agent to Sell the Property

Christopher Zajacek

Grace Realty Co Inc Listed on: 02/28/2024

Last Buyer's Agent

Christopher Zajacek

Grace Realty Co Inc Listed on: 02/28/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,295

Year Built

  • Built in 1992

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 40x119
  • Property is zoned R-M-MEDIUM DENSITY RESIDENTIAL

Parking

  • 4 Parking Spaces

Interior Spaces

  • 1,584 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 640647698219001

Community Details

Overview

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,295

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Detached, Duplex/Both Halves
  • Technology: Cable, Smk Detector Battery
  • County Assessment: 128600.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1992
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Features: Wall-to-Wall Carpet
  • Bathrooms: Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Square Footage: 1584

Exterior Features

  • Construction: Aluminum

Garage/Parking

  • Parking Spaces: 4

Utilities

  • Cooling: Central AC
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 801
  • Trash Removal: 750
  • Water Sewer: 820

Fee Information

  • Operating Expense: 6649

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.110
  • Lot Dimensions: 40x119
  • Lot Sq Ft: 4800
  • Zoning Code: R-M-MEDIUM DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 640647698219001
  • County Taxes: 486.11
  • Municipal Taxes: 897.07
  • Total Taxes: 4295.10

Multi Family

  • School Taxes: 2911.21
  • Total Units: 2
  • Total Unit Count: 2

MLS Schools

  • School District: Allentown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Mar 23, 2024
Sold by
Panko Mark J and Panko Sheryl F
Bought by
Mg Genesee Apartments Llc
Seller's Agent
Christopher Zajacek
Grace Realty Co Inc
Buyer's Agent
Christopher Zajacek
Grace Realty Co Inc
List Price
$299,900
Sold Price
$295,000
Premium/Discount to List
-$4,900
-1.63%
Total Days on Market
8
Views
39
Current Estimated Value
$297,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,075
Avg. Annual Appreciation
0.65%

Purchase Details

Closed on
Feb 28, 2003
Sold by
Panko Mark J
Bought by
Panko Mark J and Panko Sheryl F

Purchase Details

Closed on
Nov 22, 1991
Sold by
Coleman Ronald H
Bought by
Panko Mark J

Purchase Details

Closed on
May 30, 1991
Sold by
Turanica Constantine and Turanica Susanna
Bought by
Coleman Ronald H
Source: Public Records

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Range of Values:

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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 $295,000 Radian Settlement Services
Panko Mark J -- --
Panko Mark J $18,300 --
Coleman Ronald H $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Panko Mark J $107,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2024 05/08/24 Sold $295,000 -1.6% $186 / Sq Ft
03/07/2024 03/07/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $299,900 -- $189 / 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 $4,295 $128,600 $17,000 $111,600
2024 $4,295 $128,600 $17,000 $111,600
2023 $4,295 $128,600 $17,000 $111,600
2022 $4,149 $128,600 $111,600 $17,000
2021 $4,068 $128,600 $17,000 $111,600
2020 $3,965 $128,600 $17,000 $111,600
2019 $3,902 $128,600 $17,000 $111,600
2018 $3,626 $128,600 $17,000 $111,600
2017 $3,536 $128,600 $17,000 $111,600
2016 -- $128,600 $17,000 $111,600
2015 -- $128,600 $17,000 $111,600
2014 -- $128,600 $17,000 $111,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 733679

Greater Lehigh Valley REALTORS®

APN: 640647698219-1