741 W Cedar St Allentown, PA 18102
Center City NeighborhoodEstimated payment $1,060/month
About This Home
5 Bedroom, 2 FULL Bathroom income property. LOW TAXES. Large and comfortable room sizes, newer gas furnace and hot water heater, upgraded electric, replacement windows, second floor deck with great views, large, fenced yard with parking potential. VERY long term tenant would like to stay and willing to discuss increased rent amount. Current rent is significantly below market. Similar sized 5 bedroom homes in the area with 2 full bathrooms rent for $1800-2200 monthly.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,950
Year Built
- Built in 1900
Home Design
- Brick or Stone Mason
Interior Spaces
- 1,745 Sq Ft Home
- 3-Story Property
Additional Features
- 1,333 Sq Ft Lot
- Heating Available
Community Details
- Insurance Expense $1,100
- Operating Expense $3,070
- Gross Income $15,600
- Net Operating Income $12,530
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,950 | $60,500 | $4,300 | $56,200 |
| 2024 | $1,950 | $60,500 | $4,300 | $56,200 |
| 2023 | $1,950 | $60,500 | $4,300 | $56,200 |
| 2022 | $1,881 | $60,500 | $56,200 | $4,300 |
| 2021 | $1,843 | $60,500 | $4,300 | $56,200 |
| 2020 | $1,795 | $60,500 | $4,300 | $56,200 |
| 2019 | $1,765 | $60,500 | $4,300 | $56,200 |
| 2018 | $1,650 | $60,500 | $4,300 | $56,200 |
| 2017 | $1,608 | $60,500 | $4,300 | $56,200 |
| 2016 | -- | $60,500 | $4,300 | $56,200 |
| 2015 | -- | $60,500 | $4,300 | $56,200 |
| 2014 | -- | $60,500 | $4,300 | $56,200 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | Pending | -- | -- | -- |
| 08/05/2025 08/05/25 | For Sale | $169,900 | -- | $97 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $54,900 | -- | |
| Warranty Deed | $95,000 | -- | |
| Deed | $74,000 | -- | |
| Deed | $37,000 | -- | |
| Sheriffs Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $664,800 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $67,500 | Unknown | |
| Closed | $45,000 | Unknown | |
| Closed | $45,000 | New Conventional | |
| Previous Owner | $95,000 | New Conventional | |
| Previous Owner | $70,300 | Purchase Money Mortgage |
Source: Greater Lehigh Valley REALTORS®
MLS Number: 762364
APN: 549784965537-1
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