$215,000
SOLD NOV 1, 2024
4 Beds
1 Bath
1,445 Sq Ft
2,222 Sq Ft Lot

Recently Sold

$149 Per Sq Ft

13% Above List Price

16 Days on Market

Highlights

  • Balcony
  • Hot Water Heating System
  • Storm Doors
  • Patio

About This Home

As of November 2024

North Allentown Twin Home Investment Property with Long Term Tenants already in Place Paying $1500/Month Producing a 7% Cap Rate! Home Consists of 4 Bedrooms, Modern Bath & Features 1445sf of Living Space with 1-Car Off-Street Parking! Spacious Living Room, Updated Kitchen & Great Floor Plan! Gas Hot Water Heating! Electric Hot Water Heater! 100 Amp Electric Service! Tenants Lease in Place Until December 2024 with Tenant Responsible for All Utilities! Total Taxes Only $2749/Year! Call Today to Schedule Your Showing!

Last Agent to Sell the Property

Christopher Raad

Harvey Z Raad Real Estate Listed on: 06/26/2024

Last Buyer's Agent

Carla Ortiz-Belliard

Harvey Z Raad Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,749

Year Built

  • Built in 1916

Lot Details

  • 2,222 Sq Ft Lot
  • Lot Dimensions are 18.5 x 120

Parking

  • 1 Parking Space

Home Design

  • Semi-Detached or Twin Home
  • Brick Exterior Construction

Interior Spaces

  • 1,445 Sq Ft Home
  • 2.5-Story Property
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Balcony
  • Patio

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 549773427346001

Community Details

Building Details

  • Insurance Expense $1,000
  • Maintenance Expense $900
  • Operating Expense $4,724
  • Gross Income $18,000
  • Net Operating Income $13,276

Security

  • Storm Doors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,749

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Semi Detached/Twin
  • Technology: Smk Detector Battery
  • County Assessment: 84400.00
  • Stories: 2.5
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1916
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Features: Balcony, Patio, Storm Doors, Wash/Dry Hook-ups
  • Bathrooms: Modern
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 4
  • Square Footage: 1445

Exterior Features

  • Construction: Aluminum, Brick

Garage/Parking

  • Parking Spaces: 1

Utilities

  • Cooling: No Air
  • Heat Type: Gas, Hot Water
  • Sewer: Public
  • Water: Public
  • Insurance: 1000

Condo/Co-op/Association

  • Maintenance Repair: 900

Fee Information

  • Operating Expense: 4724

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.051
  • Lot Dimensions: 18.5 X 120
  • Lot Sq Ft: 2222
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 549773427346001
  • County Taxes: 319.03
  • Municipal Taxes: 518.95
  • Total Taxes: 2749.07
  • Taxes: 2749

Multi Family

  • School Taxes: 1911.09
  • Total Units: 1
  • Total Unit Count: 1

MLS Schools

  • School District: Allentown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Nov 1, 2024
Sold by
Cerami Nancy
Bought by
Hernandez Zuleika
Seller's Agent
Christopher Raad
Harvey Z Raad Real Estate
Buyer's Agent
Carla Ortiz-Belliard
Harvey Z Raad Real Estate
List Price
$189,900
Sold Price
$215,000
Premium/Discount to List
$25,100
13.22%
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%
Original Mortgage
$204,250
Outstanding Balance
$203,241
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$25,144
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 Type Sale Price Title Company
Special Warranty Deed $215,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $204,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 For Sale $260,000 +20.9% $180 / Sq Ft
11/01/2024 11/01/24 Sold $215,000 +13.2% $149 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
06/26/2024 06/26/24 For Sale $189,900 -- $131 / 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 $2,749 $84,400 $7,500 $76,900
2024 $2,749 $84,400 $7,500 $76,900
2023 $2,749 $84,400 $7,500 $76,900
2022 $2,653 $84,400 $76,900 $7,500
2021 $2,600 $84,400 $7,500 $76,900
2020 $2,532 $84,400 $7,500 $76,900
2019 $2,491 $84,400 $7,500 $76,900
2018 $2,324 $84,400 $7,500 $76,900
2017 $2,266 $84,400 $7,500 $76,900
2016 -- $84,400 $7,500 $76,900
2015 -- $84,400 $7,500 $76,900
2014 -- $84,400 $7,500 $76,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 740602

Greater Lehigh Valley REALTORS®

APN: 549773427346-1