$77,500
SOLD JAN 26, 2021
4 Beds
1 Bath
1,394 Sq Ft
1,799 Sq Ft Lot

Recently Sold

$56 Per Sq Ft

30% Below List Price

39 Days on Market

About This Home

As of January 2021

NOW this will only be sold with the other 3 properties in this portfolio 4 houses for $359800 MLS#654536. Please bring all offers, AS-IS. COVID PROOF with consistently paying tenant - $13,800 GROSS INCOME, $10,448 NET INCOME, 9.5% CAP RATE @ ASKING PRICE. Preparing for this sale, ownership recently updated this 1,394 SF, 2.5 stories Brick Home with its own garage and featuring 4 Bedrooms, 1 Bath & a full basement. *Newer ROOF* replaced in 2018. . *Newer WINDOWS - Several recently updated windows. Tiled flooring in the dining area. The property has a spacious front porch which is perfect for a summer barbecue. Only 4 min drive to Trexler Middle School and 2 min drive to Washington Elementary School, 3 miles from Gring’s mill recreational area This property is offered individually or can be purchased along with the other 3units completing the entire portfolio. It should be noted that all tenants have paid through COVID for this owner's portfolio.

Last Agent to Sell the Property

Tejas Gosai

EXP Realty LLC Listed on: 11/18/2020

EXP Realty LLC

Co-Listed By

james reardon

EXP Realty LLC

Last Buyer's Agent

Peter Cerruti

RE/MAX 440

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1923

Lot Details

  • 1,799 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,394 Sq Ft Home
  • 2.5-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Off-Site Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas

Community Details

  • Insurance Expense $751
  • Operating Expense $3,312
  • Gross Income $13,800
  • Net Operating Income $10,448

Listing and Financial Details

  • Assessor Parcel Number 549773149491001

Townhouse Details

Home Type

Townhome

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row/Townhouse
  • County Assessment: 82900.00
  • Stories: 2.5
  • V O W Automated Valuation Dis: Yes
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 4
  • Square Footage: 1394

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Garage, Off Site
  • Parking Spaces: 1

Utilities

  • Cooling: Wall AC
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 751

Fee Information

  • Operating Expense: 3312

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.041
  • Lot Sq Ft: 1799
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 549773149491001
  • County Taxes: 313.36
  • Municipal Taxes: 491.28
  • Total Taxes: 2561.76

Multi Family

  • School Taxes: 1757.12
  • Total Units: 1
  • Total Unit Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Jan 26, 2021
Sold by
Lehigh Valley Equity Solutions Llc
Bought by
Anthony Howard Lp
Seller's Agent
Tejas Gosai
EXP Realty LLC
Buyer's Agent
Peter Cerruti
RE/MAX 440
List Price
$110,000
Sold Price
$77,500
Premium/Discount to List
-$32,500
-29.55%
Current Estimated Value
$201,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,397
Avg. Annual Appreciation
22.09%

Purchase Details

Listed on
Apr 30, 2012
Closed on
Dec 13, 2013
Sold by
Romero Robert
Bought by
Lehigh Valley Equity Solutions Llc
Seller's Agent
Salvador Vargas
Bellman & Radcliff
Buyer's Agent
Gary Elbert
Bellman & Radcliff
List Price
$79,900
Sold Price
$50,000
Premium/Discount to List
-$29,900
-37.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$54,400
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2005
Sold by
Best Patrick M and Best Connie M
Bought by
Romero Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
8.4%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 30, 1991
Sold by
Finady Mary Ann
Bought by
Best Patrick M and Best Connie M

Purchase Details

Closed on
Jul 10, 1989
Sold by
Mary Finady L and Mary Ann
Bought by
Finady Mary Ann

Purchase Details

Closed on
Jan 15, 1975
Bought by
Mary Finady L and Mary Ann
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
Deed $77,500 Camelot Abstract
Deed $50,000 None Available
Deed $95,000 --
Deed $80,000 --
Quit Claim Deed -- --
Deed $16,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $56,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $54,400 New Conventional
Previous Owner $85,500 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2021 01/26/21 Sold $77,500 -29.5% $56 / Sq Ft
12/27/2020 12/27/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $110,000 +120.0% $79 / Sq Ft
12/23/2013 12/23/13 Sold $50,000 -37.4% $36 / Sq Ft
06/15/2012 06/15/12 Pending -- -- --
04/30/2012 04/30/12 For Sale $79,900 -- $57 / 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 $2,682 $82,900 $6,400 $76,500
2024 $2,682 $82,900 $6,400 $76,500
2023 $2,682 $82,900 $6,400 $76,500
2022 $2,587 $82,900 $76,500 $6,400
2021 $2,535 $82,900 $6,400 $76,500
2020 $2,469 $82,900 $6,400 $76,500
2019 $2,429 $82,900 $6,400 $76,500
2018 $2,268 $82,900 $6,400 $76,500
2017 $2,211 $82,900 $6,400 $76,500
2016 -- $82,900 $6,400 $76,500
2015 -- $82,900 $6,400 $76,500
2014 -- $82,900 $6,400 $76,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 654125

Greater Lehigh Valley REALTORS®

APN: 549773149491-1