NOT LISTED FOR SALE

Estimated Value: $508,000 - $746,000

9 Beds
8 Baths
4,506 Sq Ft
$137/Sq Ft Est. Value

Last Sold July 26, 2013

Last sale price $349,900 $78 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,468/month

109 Days on Market

Highlights

  • 0.73 Acre Lot
  • Satellite Dish
  • 2-minute walk to Dutchtown Park
  • Baseboard Heating
  • Wall to Wall Carpet

About This Home

As of July 2013

Eight (8) unit brick building with newer kitchens, bathrooms and nicely sized bedrooms and living rooms. This building is within walking distance to many downtown Easton restaurants and shops making it a great location for tenants to live in. This is Ideal location to make use of both local mass transit as well as mass transit to New York City and Philadelphia, with in walking distance to circle and all that Easton has to offer. This property has some attractive financing options to make the investment a truly a must see!

Last Agent to Sell the Property

Sean Burke

Equinox Advantage Real Estate License #RM423080 Listed on: 02/01/2013

Co-Listed By

Frank Racano

Equinox Advantage Real Estate

Last Buyer's Agent

Sean Burke

Equinox Advantage Real Estate License #RM423080 Listed on: 02/01/2013

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,498

Year Built

  • Built in 1900

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 39x81

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,506 Sq Ft Home
  • 3-Story Property
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Full Bathrooms

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Utilities

  • No Cooling
  • Baseboard Heating
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number L9SE1B-29-35-03.10

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $590
  • Insurance Expense $2,575
  • Maintenance Expense $3,250
  • Manager Expense $6,501
  • Trash Expense $1,230
  • Water Sewer Expense $3,568
  • Operating Expense $27,320
  • Gross Income $54,180
  • Net Operating Income $27,320

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,498

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • Technology: Satellite, Smoke Detector Wired
  • County Assessment: 53000.00
  • Stories: 3.0
  • Street Number Modifier: 699
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Features: Fire Escape, Wall-to-Wall Carpet
  • Bathrooms: Semi Modern
  • Bathrooms: 8
  • Full Bathrooms: 8
  • Bedrooms: 9
  • Square Footage: 4506

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Electric: 590
  • Insurance: 2575
  • Trash Removal: 1230
  • Water Sewer: 3568

Condo/Co-op/Association

  • Lawn Snow Removal: 1200
  • Maintenance Repair: 3250
  • Management: 6501

Fee Information

  • Operating Expense: 27320

Schools

  • School District: Easton

Lot Info

  • Acres: 0.725
  • Lot Dimensions: 39x81
  • Lot Sq Ft: 31581
  • Zoning Code: RHD

Tax Info

  • Assessor Parcel Number: L9SE1B-29-35-03.10
  • County Taxes: 572.40
  • Municipal Taxes: 1322.35
  • Total Taxes: 5498.22
  • Taxes: 4126

Multi Family

  • School Taxes: 3603.47
  • Total Unit Count: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2013
Closed on
Jun 26, 2013
Sold by
Gdl Properties Llc
Bought by
Skdeg Holding Company
Seller's Agent
Sean Burke
Equinox Advantage Real Estate
Buyer's Agent
Sean Burke
Equinox Advantage Real Estate
List Price
$349,900
Sold Price
$349,900
Current Estimated Value
$617,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,587
Avg. Annual Appreciation
5.21%
Original Mortgage
$331,000
Outstanding Balance
$238,836
Interest Rate
3.51%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$404,678

Purchase Details

Closed on
Dec 26, 2008
Sold by
Trst Llc
Bought by
Gdl Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,500
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 2005
Sold by
Tackach Michael
Bought by
697 - 699 Ferry Street

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 23, 2003
Sold by
Lobue Joseph
Bought by
Tackach Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.31%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Skdeg Holding Company $349,900 None Available
Gdl Properties Llc $348,500 None Available
697 - 699 Ferry Street $370,000 --
Tackach Michael $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skdeg Holding Company $331,000
Previous Owner Gdl Properties $42,000
Previous Owner Gdl Properties Llc $348,500
Previous Owner Trust Llc $328,000
Previous Owner Trst Llc $100,000
Previous Owner Trst Llc $390,000
Previous Owner 697 - 699 Ferry Street $390,000
Previous Owner Tackach Michael $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2013 07/26/13 Sold $349,900 0.0% $78 / Sq Ft
05/21/2013 05/21/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $349,900 -- $78 / 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 $572 $53,000 $11,600 $41,400
2024 $5,498 $53,000 $11,600 $41,400
2023 $5,498 $53,000 $11,600 $41,400
2022 $5,429 $53,000 $11,600 $41,400
2021 $5,414 $53,000 $11,600 $41,400
2020 $5,411 $53,000 $11,600 $41,400
2019 $5,347 $53,000 $11,600 $41,400
2018 $5,271 $53,000 $11,600 $41,400
2017 $5,168 $53,000 $11,600 $41,400
2016 -- $53,000 $11,600 $41,400
2015 -- $53,000 $11,600 $41,400
2014 -- $53,000 $11,600 $41,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 445592

Greater Lehigh Valley REALTORS®

APN: L9SE1B-29-35-0310