NOT LISTED FOR SALE

Estimated Value: $120,000 - $138,865

2 Beds
1 Bath
1,014 Sq Ft
$130/Sq Ft Est. Value

Last Sold November 27, 2024

Last sale price $127,500 $126 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $826/month

12 Days on Market

About This Home

As of November 2024

This charming 2-bedroom, 1-bathroom home in Old Historic Allentown offers an excellent rental opportunity. With a tenant already in place on a month-to-month lease who wishes to stay. Tenant pays all utility. This property is ready to generate income immediately. Updates include a newer roof and a modern bathroom shower surround. The large eat-in kitchen and separate dining room provide great living space, while the living room is filled with natural light. The master bedroom comfortably fits a king-sized bed. A detached garage with an electric opener and a fenced yard add extra value, and the home is economical to run with low taxes. Conveniently located near amenities, this property combines historic charm with rental potential.

Last Agent to Sell the Property

Renee Marinelli

BHHS Fox & Roach - Allentown Listed on: 10/19/2024

BHHS Fox & Roach - Allentown

Last Buyer's Agent

Sixto Sibri

IronValley RE of Lehigh Valley License #RSR005648

IronValley RE of Lehigh Valley

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,571

Year Built

  • Built in 1873

Lot Details

  • 1,790 Sq Ft Lot

Parking

  • 1 Parking Space

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,014 Sq Ft Home
  • 2.5-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 549792739387001

Community Details

Overview

  • Old Allentn Historic Subdivision

Building Details

  • Insurance Expense $500
  • Operating Expense $1,570
  • Gross Income $10,800
  • Net Operating Income $8,700

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,571

Year Built

Built in 1873

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row/Townhouse
  • County Assessment: 47600.00
  • Stories: 2.5
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1873
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Bathrooms: Semi Modern
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Square Footage: 1014

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking Spaces: 1

Utilities

  • Cooling: Window ACs
  • Heat Type: Gas, Radiator
  • Sewer: Public
  • Water: Public
  • Insurance: 500

Fee Information

  • Operating Expense: 1570

Lot Info

  • Acres: 0.041
  • Lot Sq Ft: 1790
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 549792739387001
  • County Taxes: 179.93
  • Municipal Taxes: 313.10
  • Total Taxes: 1570.85

Multi Family

  • School Taxes: 1077.82
  • Total Units: 1
  • Total Unit Count: 1

MLS Schools

  • School District: Allentown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2024
Closed on
Nov 7, 2024
Sold by
Vanhorn Mark C and Vanhorn Deborah E
Bought by
Morales Marcus Anthony
Seller's Agent
Renee Marinelli
BHHS Fox & Roach - Allentown
Buyer's Agent
Sixto Sibri
IronValley RE of Lehigh Valley
List Price
$138,880
Sold Price
$127,500
Premium/Discount to List
-$11,380
-8.19%
Views
17
Current Estimated Value
$131,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,466
Avg. Annual Appreciation
3.50%
Original Mortgage
$108,375
Outstanding Balance
$107,412
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$24,554

Purchase Details

Closed on
Jun 1, 1993
Sold by
Papa Theodore and Papa Rose
Bought by
Vanhorn Mark C and Vanhorn Deborah E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morales Marcus Anthony $127,500 First United Land Transfer
Vanhorn Mark C $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Marcus Anthony $108,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2024 11/27/24 Sold $127,500 -8.2% $126 / Sq Ft
10/31/2024 10/31/24 Pending -- -- --
10/19/2024 10/19/24 For Sale $138,880 -- $137 / 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 $1,571 $47,600 $5,300 $42,300
2024 $1,571 $47,600 $5,300 $42,300
2023 $1,571 $47,600 $5,300 $42,300
2022 $1,517 $47,600 $42,300 $5,300
2021 $1,487 $47,600 $5,300 $42,300
2020 $1,449 $47,600 $5,300 $42,300
2019 $1,425 $47,600 $5,300 $42,300
2018 $1,327 $47,600 $5,300 $42,300
2017 $1,294 $47,600 $5,300 $42,300
2016 -- $47,600 $5,300 $42,300
2015 -- $47,600 $5,300 $42,300
2014 -- $47,600 $5,300 $42,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 747223

Greater Lehigh Valley REALTORS®

APN: 549792739387-1