NOT LISTED FOR SALE

7802 1/2 7th St Slatington, PA 18080

Estimated Value: $217,453

-- Bed
-- Bath
3,744 Sq Ft
$58/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $200,000 $53 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,492/month

3 Days on Market

Highlights

  • 0.87 Acre Lot
  • Commercial or Retail Space
  • 1-Story Property
  • Deep Creek Central Elementary School Rated A-

About This Home

As of April 2024

PERFECT INVESTMENT PROPERTY! 10 UNIT SELF STORAGE WITH ADDITIONAL FENCED .39 ACRE LOT INCLUDED! ALL UNITS ARE 12' X 22'! THE ADDITIONAL VACANT LOT ADDRESS IS 7800 1/2 7TH. STREET. IT WAS USED PRIOR FOR THE STORAGE OF LICENSED VEHICLES. A VARIANCE WILL BE NEEDED TO USE AS FENCED STORAGE OR TO BUILD A RESIDENTIAL STRUCTURE. THE PROPERTIES ARE SERVICED BY MUNICIPAL WATER & SEWER BUT NOT CONNECTED AT THIS POINT.
THERE ARE 12 UNITS TOTAL. UNITS #11 & #12 ARE LIFE LEASED TO SLATINGTON LIONS CLUB. IF THE CLUB WOULD VACATE, THE UNITS REVERT TO THE OWNER.

Last Agent to Sell the Property

Karl Schmidt

RE/MAX Unlimited Real Estate Listed on: 04/04/2024

RE/MAX Unlimited Real Estate

Last Buyer's Agent

Tim Heimbach

RE/MAX Unlimited Real Estate

RE/MAX Unlimited Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,983

Year Built

  • Built in 1995

Lot Details

  • 0.87

Parking

  • 10 Parking Spaces

Home Design

  • Commercial or Retail Space
  • Brick Exterior Construction

Interior Spaces

  • 3,744 Sq Ft Home
  • 1-Story Property

Additional Features

  • 0.87 Acre Lot
  • No Cooling

Listing and Financial Details

  • Assessor Parcel Number 555282733271001

Community Details

Overview

  • 10 Units

Building Details

  • Electric Expense $40
  • Maintenance Expense $150
  • Operating Expense $5,432
  • Gross Income $24,000
  • Net Operating Income $18,568

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,983

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial
  • County Assessment: 110200.00
  • Stories: 1.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1995
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Square Footage: 3744

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking Spaces: 10

Utilities

  • Cooling: No Air
  • Electric: 40

Condo/Co-op/Association

  • Maintenance Repair: 150

Fee Information

  • Operating Expense: 5432

Lot Info

  • Acres: 0.874
  • Lot Sq Ft: 38054
  • Zoning Code: RR-RURAL RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 555282733271001
  • County Taxes: 416.56
  • Municipal Taxes: 826.50
  • Total Taxes: 3983.18

Multi Family

  • School Taxes: 2740.12
  • Total Units: 10
  • Total Unit Count: 12

MLS Schools

  • School District: Northern Lehigh

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
Apr 9, 2024
Sold by
Ahearn Joseph L and Ahearn Susan
Bought by
Hooven Dane
Seller's Agent
Karl Schmidt
RE/MAX Unlimited Real Estate
Buyer's Agent
Tim Heimbach
RE/MAX Unlimited Real Estate
List Price
$239,900
Sold Price
$200,000
Premium/Discount to List
-$39,900
-16.63%
Views
19
Current Estimated Value
$217,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,453
Avg. Annual Appreciation
5.20%

Purchase Details

Listed on
Aug 30, 2020
Closed on
Oct 24, 2020
Sold by
Horizon Builders & Development Llc
Bought by
Ahearn Joseph L and Ahearn Susan
Seller's Agent
Kate Randall
RE/MAX Real Estate
Buyer's Agent
Karl Schmidt
RE/MAX Unlimited Real Estate
List Price
$140,000
Sold Price
$130,000
Premium/Discount to List
-$10,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.30%

Purchase Details

Closed on
Jun 25, 1980
Bought by
Penn Big Bed Slate Co Inc
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
Hooven Dane $200,000 Traditional Abstract
Ahearn Joseph L $130,000 Traditional Abstract Llc
Penn Big Bed Slate Co Inc $115,700 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/10/2024 04/10/24 Sold $200,000 -16.6% $53 / Sq Ft
04/07/2024 04/07/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $239,900 +84.5% $64 / Sq Ft
10/27/2020 10/27/20 Sold $130,000 -7.1% $35 / Sq Ft View Prior Sale
10/11/2020 10/11/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $140,000 +7.7% $37 / Sq Ft
09/14/2020 09/14/20 Off Market $130,000 -- --
08/30/2020 08/30/20 For Sale $140,000 -- $37 / 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 $4,160 $110,200 $42,900 $67,300
2024 $3,983 $110,200 $42,900 $67,300
2023 $3,752 $110,200 $42,900 $67,300
2022 $3,697 $110,200 $67,300 $42,900
2021 $3,584 $110,200 $42,900 $67,300
2020 $3,482 $110,200 $42,900 $67,300
2019 $3,405 $110,200 $42,900 $67,300
2018 $3,337 $110,200 $42,900 $67,300
2017 $3,324 $110,200 $42,900 $67,300
2016 -- $110,200 $42,900 $67,300
2015 -- $110,200 $42,900 $67,300
2014 -- $110,200 $42,900 $67,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 735516

Greater Lehigh Valley REALTORS®

APN: 555282733271-1