NOT LISTED FOR SALE

722 Carldon St Unit 726 Allentown, PA 18103

Southside Neighborhood

Estimated Value: $570,000 - $695,000

8 Beds
4 Baths
3,648 Sq Ft
$166/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $332,500 $91 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,915/month

9 Days on Market

About This Home

As of August 2018

Strong and consistent investment opportunity. Don't hesitate to come see. Bring an offer! 4-unit property in very good condition. All 4-units leased. 2 BR 1 BA in each with stove, microwave, fridge, washer and dryer. Tenants pay all utilities including water/sewer/trash/recycling. 1-car parking pad for each tenant, plus street parking. Photos show layout of 722B. Same layout in each unit.

Last Agent to Sell the Property

Jesse Maurer

BHHS Fox & Roach Macungie Listed on: 07/04/2018

BHHS Fox & Roach Macungie

Co-Listed By

Mick Seislove

BHHS Fox & Roach Macungie

Last Buyer's Agent

nonmember nonmember

NON MBR Office

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $7,121

Year Built

  • Built in 1973

Lot Details

  • Lot Dimensions are 70 x 130

Home Design

  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 3,648 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Paved Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 640657592196001

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $3,644
  • Maintenance Expense $1,024
  • Manager Expense $4,436
  • Other Expense $654
  • Operating Expense $19,113
  • Gross Income $42,240
  • Net Operating Income $23,127

Property Details

Home Type

Apartment

Est. Annual Taxes

$7,121

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 254400.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Bathrooms: Semi Modern
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 8
  • Square Footage: 3648

Exterior Features

  • Construction: Brick, Vinyl

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 8

Utilities

  • Cooling: Wall AC, Window AC
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 3644

Condo/Co-op/Association

  • Maintenance Repair: 1024
  • Management: 4436

Fee Information

  • Operating Expense: 19113

Schools

  • School District: Allentown

Lot Info

  • Lot Dimensions: 70 x 130
  • Zoning Code: R-M

Rental Info

  • Other Expenses: 654

Tax Info

  • Assessor Parcel Number: 640657592196001
  • County Taxes: 926.02
  • Municipal Taxes: 1354.99
  • Total Taxes: 7121.00

Multi Family

  • School Taxes: 4840.01
  • Total Units: 4
  • Total Unit Count: 4

MLS Schools

  • School District: Allentown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2018
Closed on
Aug 25, 2018
Sold by
Nhan Elbert and Zheng Yong T
Bought by
Mfy Family Llc
Seller's Agent
Jesse Maurer
BHHS Fox & Roach Macungie
Buyer's Agent
nonmember nonmember
NON MBR Office
List Price
$345,000
Sold Price
$332,500
Premium/Discount to List
-$12,500
-3.62%
Current Estimated Value
$605,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,372
Avg. Annual Appreciation
8.30%
Original Mortgage
$247,500
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jun 18, 2013
Closed on
Nov 27, 2013
Sold by
Granger Ralph
Bought by
Nhan Elbert and Zheng Yong T
Seller's Agent
Pamela Landis
RE/MAX Real Estate
Buyer's Agent
Pamela Trump
Weichert Realtors - Allentown
List Price
$339,000
Sold Price
$322,000
Premium/Discount to List
-$17,000
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.68%
Original Mortgage
$240,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2007
Sold by
Duffy John F
Bought by
Granger Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2006
Sold by
Trinchere Angelo A and Trinchere Renee D
Bought by
Duffy John F and Duffy Marjorie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2004
Sold by
Hill Jonathan Kevin and Hill Carrie A
Bought by
Trinchere Angelo A and Trinchere Renee D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.87%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 21, 2002
Sold by
Weber Russell E and Weber Lois J
Bought by
Hill Jonathan Kevin and Hill Carrie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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ICE

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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
Mfy Family Llc $332,500 None Available
Nhan Elbert $322,000 None Available
Granger Ralph $370,000 --
Duffy John F $330,000 Penn Title Inc
Trinchere Angelo A $200,000 --
Hill Jonathan Kevin $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mfy Family Llc $247,500
Previous Owner Nhan Elbert $240,000
Previous Owner Granger Ralph $277,500
Previous Owner Duffy John F $264,000
Previous Owner Trinchere Angelo A $160,000
Previous Owner Hill Jonathan Kevin $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2018 08/30/18 Sold $332,500 -3.6% $91 / Sq Ft
07/13/2018 07/13/18 Pending -- -- --
07/04/2018 07/04/18 For Sale $345,000 +7.1% $95 / Sq Ft
11/27/2013 11/27/13 Sold $322,000 -5.0% $88 / Sq Ft
10/17/2013 10/17/13 Pending -- -- --
06/18/2013 06/18/13 For Sale $339,000 -- $93 / 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 $8,431 $254,400 $30,200 $224,200
2024 $8,431 $254,400 $30,200 $224,200
2023 $8,431 $254,400 $30,200 $224,200
2022 $12,553 $254,400 $30,200 $224,200
2021 $7,982 $254,400 $30,200 $224,200
2020 $7,778 $254,400 $30,200 $224,200
2019 $7,654 $254,400 $30,200 $224,200
2018 $7,121 $254,400 $30,200 $224,200
2017 $6,944 $254,400 $30,200 $224,200
2016 -- $254,400 $30,200 $224,200
2015 -- $254,400 $30,200 $224,200
2014 -- $254,400 $30,200 $224,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 584951

Greater Lehigh Valley REALTORS®

APN: 640657592196-1