$60,000
SOLD NOV 27, 2019
4 Beds
1 Bath
1,278 Sq Ft
732 Sq Ft Lot

Recently Sold

$47 Per Sq Ft

4 Days on Market

About This Home

As of November 2019

13% Cap Rate Alert! This house is the perfect buy and hold opportunity! The taxes are only $1,404.56/year and because it's a single family you can have the tenants pay most or all of the utilities. This property was always rented quickly and that's before the renovation. Now it has fresh paint, new flooring, and a renovated kitchen. It also offers natural gas heat, public water/sewer, stainless steel appliances, new pergo flooring, and much more. The owner did all the renovations so all you have to do is buy it and start making money. Call today for your private tour!

Last Agent to Sell the Property

Alex Camaerei

VRA Realty Listed on: 10/21/2019

Last Buyer's Agent

Pamela Landis

RE/MAX Real Estate

RE/MAX Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,405

Year Built

  • Built in 1890

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,278 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 732 Sq Ft Lot
  • Heating System Uses Gas

Community Details

  • Insurance Expense $660
  • Maintenance Expense $1,200
  • Water Sewer Expense $600
  • Operating Expense $3,864
  • Gross Income $12,000
  • Net Operating Income $8,135

Listing and Financial Details

  • Assessor Parcel Number 549783455861001

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,405

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row/Townhouse
  • County Assessment: 47900.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 4
  • Square Footage: 1278

Exterior Features

  • Construction: Vinyl

Utilities

  • Cooling: Ceiling Fan
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 660
  • Water Sewer: 600

Condo/Co-op/Association

  • Maintenance Repair: 1200

Fee Information

  • Operating Expense: 3864

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.017
  • Lot Sq Ft: 732
  • Zoning Code: R-md

Tax Info

  • Assessor Parcel Number: 549783455861001
  • County Taxes: 174.36
  • Municipal Taxes: 268.64
  • Total Taxes: 1404.56

Multi Family

  • School Taxes: 961.56
  • Total Units: 1
  • Total Unit Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2019
Closed on
Nov 24, 2019
Sold by
Schoeller Thomas S and Camaerej Alex V
Bought by
2484 South Saint Marks Ave Place Llc
Seller's Agent
Alex Camaerei
Keller Williams Real Estate - Stroudsburg
Buyer's Agent
(Lehigh) GLVR Member
NON MEMBER
List Price
$62,500
Sold Price
$60,000
Premium/Discount to List
-$2,500
-4%
Current Estimated Value
$185,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,329
Avg. Annual Appreciation
21.30%

Purchase Details

Listed on
Sep 21, 2016
Closed on
Sep 29, 2017
Sold by
Pml Properties Inc
Bought by
Schoeller Thomas S
Seller's Agent
Carol Ryan
West End Associates
Buyer's Agent
Alex Camaerei
VRA Realty
List Price
$41,500
Sold Price
$32,000
Premium/Discount to List
-$9,500
-22.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.96%

Purchase Details

Listed on
Sep 13, 2012
Closed on
Nov 26, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Pml Properties Llc
Seller's Agent
Christine Amelio
Rudy Amelio Real Estate
Buyer's Agent
Jeffrey Adams
RE/MAX Real Estate
List Price
$24,900
Sold Price
$17,000
Premium/Discount to List
-$7,900
-31.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.96%

Purchase Details

Closed on
Sep 11, 2012
Sold by
Rossi Sheriff Ronald W and Jordan Brendan
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 6, 2007
Sold by
Botros Tony
Bought by
Jordan Brendan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,920
Interest Rate
6.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 1945
Bought by
Dech Wilmer F and Dech Mae A
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 Type Sale Price Title Company
Deed $60,000 Home Settlement Services
Deed $32,000 First American Abstract Of P
Warranty Deed $17,000 --
Sheriffs Deed -- --
Warranty Deed $86,920 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $86,920 New Conventional
Previous Owner $51,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2019 11/27/19 Sold $60,000 -4.0% $47 / Sq Ft
10/25/2019 10/25/19 Pending -- -- --
10/19/2019 10/19/19 For Sale $62,500 0.0% $49 / Sq Ft
10/29/2018 10/29/18 Rented $900 0.0% --
10/26/2018 10/26/18 Under Contract -- -- --
09/27/2018 09/27/18 For Rent $900 0.0% --
10/02/2017 10/02/17 Sold $32,000 -22.9% $25 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
09/21/2016 09/21/16 For Sale $41,500 0.0% $32 / Sq Ft
06/01/2014 06/01/14 Rented $850 0.0% --
05/30/2014 05/30/14 Under Contract -- -- --
05/15/2014 05/15/14 For Rent $850 0.0% --
11/29/2012 11/29/12 Sold $17,000 -31.7% $13 / Sq Ft
11/12/2012 11/12/12 Pending -- -- --
09/13/2012 09/13/12 For Sale $24,900 -- $19 / 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 $1,534 $47,900 $2,900 $45,000
2024 $1,534 $47,900 $2,900 $45,000
2023 $1,534 $47,900 $2,900 $45,000
2022 $1,480 $47,900 $45,000 $2,900
2021 $1,450 $47,900 $2,900 $45,000
2020 $1,411 $47,900 $2,900 $45,000
2019 $1,388 $47,900 $2,900 $45,000
2018 $1,299 $47,900 $2,900 $45,000
2017 $1,265 $47,900 $2,900 $45,000
2016 -- $47,900 $2,900 $45,000
2015 -- $47,900 $2,900 $45,000
2014 -- $47,900 $2,900 $45,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 626546

Greater Lehigh Valley REALTORS®

APN: 549783455861-1