NOT LISTED FOR SALE

720 Genesee St Allentown, PA 18103

Southside Neighborhood

Estimated Value: $162,000 - $278,000

-- Bed
2 Baths
2,420 Sq Ft
$98/Sq Ft Est. Value

Last Sold November 25, 2014

Last sale price $64,800 $27 Per Sq Ft

Est. 267% increase in value since last sale

Current estimated payment $1,502/month

850 Days on Market

Highlights

  • No HOA
  • Ceiling Fan
  • 3-minute walk to Roosevelt Park
  • En-Suite Primary Bedroom
  • Baseboard Heating

About This Home

As of November 2014

Amazing Short Sale! Great Investment Opportunity! 2 unit apartment building. 1st floor features living room/dining room combo with breakfast bar, 2 nice sized bedrooms, full bath and full basement, yard and covered patio. The 2nd floor unit features large living room, large eat in kitchen, bedroom on that floor and another bedroom upstairs. This unit has a deck with views of the city. Both units are rented with long term tenants. Other properties are also for sale. See MLS #6013211, 6013256, 6013278, 6013303, 6014317.

Last Agent to Sell the Property

Don Wenner

Real of Pennsylvania License #RS300485 Listed on: 03/02/2012

Real of Pennsylvania

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 2,400 Sq Ft Lot
  • Lot Dimensions are 20x120

Parking

  • Parking Lot

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,420 Sq Ft Home
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $2,000

Listing and Financial Details

  • Tax Lot 004
  • Assessor Parcel Number 640657052120-00001

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1905
  • Special Features: 12

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Hookup
  • Total Sq Ft: 2420
  • Living Area Sq Ft: 2420
  • Price Per Sq Ft: 28.88
  • Above Grade Finished Sq Ft: 2420
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Electric, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: ALLENTOWN
  • School District Key: 300200397387

Lot Info

  • Improvement Assessed Value: 78200.00
  • Land Assessed Value: 9300.00
  • Land Use Code: 1140
  • Lot Size Acres: 0.06
  • Lot Dimensions: 20X120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2400.00
  • Zoning: R-M

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 18900.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 3939771
  • Tax Annual Amount: 2380.00
  • Assessor Parcel Number: 640657052120-00001
  • Tax Lot: 004
  • Tax Year: 2014
  • Close Date: 11/25/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2012
Closed on
Nov 22, 2014
Sold by
Perez Carlos
Bought by
Pannone Joseph and Pannone Kristine M
Seller's Agent
Don Wenner
Real of Pennsylvania
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$129,999
Sold Price
$64,800
Premium/Discount to List
-$65,199
-50.15%
Total Days on Market
850
Current Estimated Value
$237,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,041
Avg. Annual Appreciation
13.96%
Original Mortgage
$48,600
Outstanding Balance
$37,869
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$218,284

Purchase Details

Closed on
Jul 12, 2004
Sold by
Norwest Bank Minnesota Na
Bought by
Perez Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,200
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2004
Sold by
Aquila Joseph R and Aquila Lynn Ann
Bought by
Norwest Bank Minnesota Na and Amresco Residential Securities Mortgage

Purchase Details

Closed on
Oct 30, 1990
Bought by
Ballard Robert H
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
Pannone Joseph $64,800 Legacy Title
Perez Carlos $68,200 --
Norwest Bank Minnesota Na -- --
Ballard Robert H $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pannone Joseph $48,600
Previous Owner Perez Carlos $112,000
Previous Owner Perez Carlos $68,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2014 11/25/14 Sold $64,800 -50.2% $27 / Sq Ft
06/30/2014 06/30/14 Pending -- -- --
03/02/2012 03/02/12 For Sale $129,999 -- $54 / Sq Ft
Source: Bright MLS

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 $2,879 $87,500 $9,300 $78,200
2024 $2,879 $87,500 $9,300 $78,200
2023 $2,879 $87,500 $9,300 $78,200
2022 $2,779 $87,500 $78,200 $9,300
2021 $2,725 $87,500 $9,300 $78,200
2020 $2,654 $87,500 $9,300 $78,200
2019 $2,612 $87,500 $9,300 $78,200
2018 $2,433 $87,500 $9,300 $78,200
2017 $2,372 $87,500 $9,300 $78,200
2016 -- $87,500 $9,300 $78,200
2015 -- $87,500 $9,300 $78,200
2014 -- $87,500 $9,300 $78,200
Source: Public Records

Agents Affiliated with this Home

  • Don Wenner

    Seller's Agent in 2014

    Don Wenner

    Real of Pennsylvania

    (800) 350-8061

    57 in this area

    1,125 Total Sales

    Don Wenner
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Map

Source: Bright MLS

MLS Number: 1003866382

Bright MLS

APN: 640657052120-1

Pennsylvania Lehigh County Allentown 18103 Southside

720 Genesee St, Allentown, PA

This home is located at 720 Genesee St, Allentown, PA 18103 since 02 March 2012 and is currently estimated at $237,841, approximately $98 per square foot. This property was built in 1905. 720 Genesee St is a home located in Lehigh County with nearby schools including Roosevelt Elementary School, South Mountain Middle School, and Louis E. Dieruff High School.

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