$480,000
SOLD FEB 28, 2013
-- Bed
-- Bath
4,800 Sq Ft
586 Sq Ft Lot

Recently Sold

$100 Per Sq Ft

9% Below List Price

58 Days on Market

Highlights

  • Wood Flooring
  • Storm Windows
  • Hot Water Heating System
  • Balcony
  • Intercom
  • Historic Home

About This Home

As of June 2019

Historic Easton, This is a 7 unit with large parking lot that is fully rented!! You Cannot Get Better Than That! All units are in Mint condition. This is a turn key property for someone looking to invest in a maintenances free property. This building is a money maker, gross Income is $75,828.00. Also an apartment building can be built on the lot for additional future income. The lot is fully rented as parking spaces.

Last Agent to Sell the Property

Paula Antario

Twin Rivers Real Estate LLC Listed on: 09/18/2012

Last Buyer's Agent

Paula Antario

Twin Rivers Real Estate LLC Listed on: 09/18/2012

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,683

Year Built

  • Built in 1900

Lot Details

  • 586 Sq Ft Lot
  • Historic Home

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,800 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Home Security

  • Intercom
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 40 Parking Spaces
  • Paved Parking

Outdoor Features

  • Balcony

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Oil
  • Cable TV Available

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $820
  • Insurance Expense $2,521
  • Maintenance Expense $2,000
  • Other Expense $250
  • Water Sewer Expense $1,312
  • Operating Expense $25,335
  • Gross Income $75,828
  • Net Operating Income $50,492

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,683

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • Technology: Cable, Smoke Detector Wired
  • County Assessment: 35500.00
  • Stories: 2.0
  • Street Number Modifier: 76
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Features: Balcony, Hardwood, Historic, Intercom, Storm Doors, Storm Windows
  • Bathrooms: Modern
  • Square Footage: 4800

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 40

Utilities

  • Cooling: No Air
  • Heat Type: Hot Water, Oil
  • Sewer: Public
  • Water: Public
  • Electric: 820
  • Heat: 9200
  • Insurance: 2521
  • Water Sewer: 1312

Condo/Co-op/Association

  • Lawn Snow Removal: 1800
  • Maintenance Repair: 2000

Fee Information

  • Operating Expense: 25335

Schools

  • School District: Easton

Lot Info

  • Acres: 0.013
  • Lot Sq Ft: 586
  • Zoning Code: commercial

Rental Info

  • Other Expenses: 250

Tax Info

  • Assessor Parcel Number: 0000
  • County Taxes: 383.40
  • Municipal Taxes: 885.73
  • Total Taxes: 3682.78

Multi Family

  • School Taxes: 2413.65
  • Total Units: 7
  • Total Unit Count: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2019
Closed on
Jun 19, 2019
Sold by
74 N 4Th Llc
Bought by
Ruest Property Management Llc
Seller's Agent
Charalambos Papageorgiou
Emerald Realty Group
Buyer's Agent
Marie Fry
BHHS Fox & Roach Center Valley
List Price
$900,000
Sold Price
$785,000
Premium/Discount to List
-$115,000
-12.78%
Current Estimated Value
$517,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$268,000
Avg. Annual Appreciation
-6.93%
Original Mortgage
$725,500
Outstanding Balance
$644,555
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$138,888

Purchase Details

Listed on
Jun 5, 2015
Closed on
Jul 14, 2015
Sold by
Rmw Properties Llc
Bought by
74 N 4Th Llc
Seller's Agent
Meryl Cooper
IronValley RE of Lehigh Valley
Buyer's Agent
Bob Wiley
BHHS Fox & Roach - Allentown
List Price
$2,812,500
Sold Price
$2,812,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-27.73%
Original Mortgage
$2,735,000
Interest Rate
3.88%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Oct 8, 2012
Closed on
Feb 28, 2013
Sold by
74-756 N 4Th St Llc
Bought by
Rmw Properties Llc
Seller's Agent
Paula Antario
Twin Rivers Real Estate LLC
Buyer's Agent
Paula Antario
Twin Rivers Real Estate LLC
List Price
$425,000
Sold Price
$480,000
Premium/Discount to List
$55,000
12.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
110.20%
Original Mortgage
$336,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2007
Sold by
Fountain Partners Llc
Bought by
74 Thru 76 North 4Th St Llc
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
Special Warranty Deed $785,000 Cambridge Land Transfer Corp
Deed $712,500 Attorney
Deed $480,000 None Available
Warranty Deed $375,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $725,500 Purchase Money Mortgage
Previous Owner $2,735,000 Future Advance Clause Open End Mortgage
Previous Owner $336,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2019 06/19/19 Sold $785,000 -3.7% $228 / Sq Ft
04/09/2019 04/09/19 Pending -- -- --
02/05/2019 02/05/19 Price Changed $815,000 -9.4% $237 / Sq Ft
01/24/2019 01/24/19 For Sale $900,000 -68.0% $261 / Sq Ft
07/17/2015 07/17/15 Sold $2,812,500 0.0% $586 / Sq Ft
06/05/2015 06/05/15 Pending -- -- --
06/05/2015 06/05/15 For Sale $2,812,500 +485.9% $586 / Sq Ft
02/28/2013 02/28/13 Sold $480,000 0.0% $100 / Sq Ft
02/28/2013 02/28/13 Sold $480,000 +12.9% $100 / Sq Ft
11/21/2012 11/21/12 Pending -- -- --
11/15/2012 11/15/12 Pending -- -- --
10/08/2012 10/08/12 For Sale $425,000 -19.0% $89 / Sq Ft
09/18/2012 09/18/12 For Sale $525,000 -- $109 / 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 $383 $35,500 $12,000 $23,500
2024 $3,683 $35,500 $12,000 $23,500
2023 $3,683 $35,500 $12,000 $23,500
2022 $3,636 $35,500 $12,000 $23,500
2021 $3,626 $35,500 $12,000 $23,500
2020 $3,625 $35,500 $12,000 $23,500
2019 $3,582 $35,500 $12,000 $23,500
2018 $3,531 $35,500 $12,000 $23,500
2017 $3,461 $35,500 $12,000 $23,500
2016 -- $35,500 $12,000 $23,500
2015 -- $35,500 $12,000 $23,500
2014 -- $35,500 $12,000 $23,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 437935

Greater Lehigh Valley REALTORS®

APN: L9NE3D-15-6-0310