NOT LISTED FOR SALE

Estimated Value: $230,233

2 Beds
1.5 Baths
1,632 Sq Ft
$141/Sq Ft Est. Value

Last Sold June 23, 2015

Last sale price $97,000 $59 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $1,281/month

86 Days on Market

About This Home

As of June 2015

Be a part of Easton's exciting renaissance! This mixed-use renovated property features a brand new roof with a 20 year warrantee, new Carrier furnace, new chimney liner, and separated heat to each unit (new HVAC in store / gas furnace services upstairs residence). Nice high ceilings & great bay window give pretty streetscapes & nice natural light in the 2nd & 3rd floor living spaces. Residence features newly finished original HW frs, gorgeous kitchen & pretty view of College Hill. Great owner-occupant opportunity to live above & rent shop for some extra mortgage help, or use for own business. Investment opportunity will quite easily produce a 9% CAP rate, once you rent residence for $850/mon and shop for $500/mon. Handy loca. for commuting, walking to historic downtown, or to the Karl Stirner Arts Trail. This location bridges the gap between lovely historic Easton & exciting Silk Mill project along Bushkill Creek/13th St. A smart code-free! renovation - affordable, promising location.

Last Agent to Sell the Property

Ellen Shaughnessy

Free Bridge Realty LLC Listed on: 02/16/2015

Last Buyer's Agent

Scott Harrington

Coldwell Banker Heritage R E

Coldwell Banker Heritage R E

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,262

Year Built

  • Built in 1920

Lot Details

  • 523

Home Design

  • 1,632 Sq Ft Home
  • Mixed Use
  • Brick Exterior Construction
  • Frame Construction

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number L9SE1B 16 4 0310

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,200
  • Water Sewer Expense $1,000
  • Operating Expense $4,236
  • Gross Income $16,200
  • Net Operating Income $11,964

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,262

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Mixed Use, Row/Townhouse
  • County Assessment: 21800.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 2
  • Square Footage: 1632

Exterior Features

  • Construction: Aluminum, Brick, Frame

Utilities

  • Cooling: Wall AC
  • Heat Type: Electric, Forced Air, Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 1200
  • Water Sewer: 1000

Fee Information

  • Operating Expense: 4236

Schools

  • School District: Easton

Lot Info

  • Zoning Code: mixed use

Tax Info

  • Assessor Parcel Number: L9SE1B 16 4 0310
  • County Taxes: 235.44
  • Municipal Taxes: 543.91
  • Total Taxes: 2261.53

Multi Family

  • School Taxes: 1482.18
  • Total Units: 2
  • Total Unit Count: 2

MLS Schools

  • School District: Easton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2015
Closed on
Jun 23, 2015
Sold by
717 Northampton Llc
Bought by
Montgomery Esme
Seller's Agent
Ellen Shaughnessy
Free Bridge Realty LLC
Buyer's Agent
Scott Harrington
Coldwell Banker Heritage R E
List Price
$107,000
Sold Price
$97,000
Premium/Discount to List
-$10,000
-9.35%
Current Estimated Value
$230,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,233
Avg. Annual Appreciation
8.29%
Original Mortgage
$77,600
Outstanding Balance
$62,372
Interest Rate
4.37%
Mortgage Type
Commercial
Estimated Equity
$155,075

Purchase Details

Listed on
Feb 18, 2014
Closed on
May 21, 2014
Sold by
Bayview Loan Servicing Llc
Bought by
717 Northampton Llc
Seller's Agent
Tom Fox
Lehigh Valley Just Listed LLC
Buyer's Agent
Tom Fox
Lehigh Valley Just Listed LLC
List Price
$69,000
Sold Price
$57,000
Premium/Discount to List
-$12,000
-17.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.73%

Purchase Details

Closed on
Apr 18, 2013
Sold by
Munoz Rosa
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Nov 6, 2006
Sold by
Almanzar Magali
Bought by
Munoz Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 22, 2004
Sold by
Pappas John D
Bought by
Almanzar Magali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,425
Interest Rate
5.73%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Montgomery Esme $97,000 None Available
717 Northampton Llc $57,000 None Available
Bayview Loan Servicing Llc -- None Available
Munoz Rosa $140,000 --
Almanzar Magali $89,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montgomery Esme $77,600
Previous Owner Munoz Rosa $119,000
Previous Owner Almanzar Magali $67,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2015 06/23/15 Sold $97,000 -9.3% $59 / Sq Ft
05/13/2015 05/13/15 Pending -- -- --
02/16/2015 02/16/15 For Sale $107,000 +87.7% $66 / Sq Ft
06/09/2014 06/09/14 Sold $57,000 -17.4% $35 / Sq Ft
05/08/2014 05/08/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $69,000 -- $42 / 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 $235 $21,800 $11,200 $10,600
2024 $2,262 $21,800 $11,200 $10,600
2023 $2,262 $21,800 $11,200 $10,600
2022 $2,233 $21,800 $11,200 $10,600
2021 $2,227 $21,800 $11,200 $10,600
2020 $2,226 $21,800 $11,200 $10,600
2019 $2,199 $21,800 $11,200 $10,600
2018 $2,168 $21,800 $11,200 $10,600
2017 $2,126 $21,800 $11,200 $10,600
2016 -- $21,800 $11,200 $10,600
2015 -- $21,800 $11,200 $10,600
2014 -- $21,800 $11,200 $10,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 489562

Greater Lehigh Valley REALTORS®

APN: L9SE1B-16-4-0310