NOT LISTED FOR SALE

Estimated Value: $251,000 - $281,000

2 Beds
2 Baths
1,360 Sq Ft
$194/Sq Ft Est. Value

Last Sold March 27, 2020

Last sale price $153,000 $112 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,444/month

2 Days on Market

About This Home

As of March 2020

GREAT Investment Opportunity! Turn-Key 2 unit rental with a 10% CAP RATE! This charming duplex in Easton has been recently updated and fully occupied! 77 N Oak apartment features 1 bed, 1 bath, bonus room, new flooring, covered back porch with small fenced in yard, washer and dryer and oil heat. 75 N Oak apartment features 1 bed, 1 (updated) bath, bonus room, updated kitchen, new flooring, covered back porch with small fenced in yard and electric baseboard heat throughout. Both tenants pay $785 p/month (includes trash) plus all other utilities except water, sewer, taxes and insurance which is paid by the seller. Both tenants are under lease. This is your chance to bring in positive cash flow the day you close. Call today to schedule your showing while it is still available!

Last Agent to Sell the Property

Anthony DePue

Win-Win Realty, Inc. Listed on: 02/18/2020

Last Buyer's Agent

Casey Hinton

Morganelli Properties LLC License #RS339154

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,867

Year Built

  • Built in 1900

Lot Details

  • 1,340 Sq Ft Lot
  • Lot Dimensions are 69 x 18

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 1,360 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number L9SE1B 3 24 0310

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $750
  • Water Sewer Expense $1,500
  • Operating Expense $4,300
  • Gross Income $18,840
  • Net Operating Income $14,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,867

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Duplex/Both Halves
  • County Assessment: 18000.00
  • Stories: 2.0
  • Street Number Modifier: 77
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Features: Patio
  • Bathrooms: Semi Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 2
  • Square Footage: 1360

Exterior Features

  • Construction: Vinyl

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric, Oil
  • Sewer: Public
  • Water: Public
  • Insurance: 750
  • Water Sewer: 1500

Fee Information

  • Operating Expense: 4300

Schools

  • School District: Easton

Lot Info

  • Acres: 0.031
  • Lot Dimensions: 69 x 18
  • Lot Sq Ft: 1340
  • Zoning Code: R-MD-RESIDENTIAL - MEDIUM DENSITY

Tax Info

  • Assessor Parcel Number: L9SE1B 3 24 0310
  • County Taxes: 194.40
  • Municipal Taxes: 449.10
  • Total Taxes: 1867.32

Multi Family

  • School Taxes: 1223.82
  • Total Units: 2
  • Total Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2020
Closed on
Mar 27, 2020
Sold by
Morawsky Mark S
Bought by
Shah Jay R and Saxena Vidit
Seller's Agent
Anthony DePue
Win-Win Realty, Inc.
Buyer's Agent
Casey Hinton
Morganelli Properties LLC
List Price
$149,900
Sold Price
$153,000
Premium/Discount to List
$3,100
2.07%
Current Estimated Value
$264,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,131
Avg. Annual Appreciation
10.54%
Original Mortgage
$114,750
Outstanding Balance
$101,875
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$162,256

Purchase Details

Closed on
Mar 14, 2007
Sold by
Campbel Samuel J
Bought by
Morawsky Mark S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,400
Interest Rate
6.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 1994
Bought by
Campbell Samuel J
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 Buyer Sale Price Title Company
Shah Jay R $153,000 Vast Abstract
Morawsky Mark S $86,000 --
Campbell Samuel J $13,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Jay R $114,750
Previous Owner Morawsky Mark S $77,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2020 03/27/20 Sold $153,000 +2.1% $113 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
02/18/2020 02/18/20 For Sale $149,900 -- $110 / 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 $194 $18,000 $8,100 $9,900
2024 $1,867 $18,000 $8,100 $9,900
2023 $1,867 $18,000 $8,100 $9,900
2022 $1,844 $18,000 $8,100 $9,900
2021 $1,839 $18,000 $8,100 $9,900
2020 $1,838 $18,000 $8,100 $9,900
2019 $1,816 $18,000 $8,100 $9,900
2018 $1,790 $18,000 $8,100 $9,900
2017 $1,755 $18,000 $8,100 $9,900
2016 -- $18,000 $8,100 $9,900
2015 -- $18,000 $8,100 $9,900
2014 -- $18,000 $8,100 $9,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 632925

Greater Lehigh Valley REALTORS®

APN: L9SE1B-3-24-0310