NOT LISTED FOR SALE

Estimated Value: $396,000 - $543,000

5 Beds
3 Baths
3,138 Sq Ft
$147/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $355,000 $113 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,409/month

15 Days on Market

About This Home

As of September 2021

Fully occupied three-unit investment property located just a few blocks from center city, Easton. This well-maintained property boasts high ceilings, victorian trim, good-sized bedrooms and living spaces in each unit. Adding to the value are three separate gas furnaces and water meters. The building is complete with a fire alarm system.

Last Agent to Sell the Property

John Rapp

BHHS Paul Ford Easton License #RS199724L Listed on: 07/08/2021

BHHS Paul Ford Easton

Last Buyer's Agent

John Rapp

BHHS Paul Ford Easton License #RS199724L Listed on: 07/08/2021

BHHS Paul Ford Easton

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,447

Year Built

  • Built in 1900

Lot Details

  • 3,360

Home Design

  • Frame Construction

Interior Spaces

  • 3,138 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan

Additional Features

  • 3,360 Sq Ft Lot
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number L9SE1C 3 4 0310

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $2,500
  • Other Expense $1,200
  • Operating Expense $8,092
  • Gross Income $42,000
  • Net Operating Income $33,908

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,447

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 43000.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Square Footage: 3138

Exterior Features

  • Construction: Aluminum, Frame

Utilities

  • Cooling: Ceiling Fan
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 2500

Fee Information

  • Operating Expense: 8092

Schools

  • School District: Easton

Lot Info

  • Acres: 0.077
  • Lot Sq Ft: 3360
  • Zoning Code: R-MD-RESIDENTIAL - MEDIUM DENSITY

Rental Info

  • Other Expenses: 1200

Tax Info

  • Assessor Parcel Number: L9SE1C 3 4 0310
  • County Taxes: 507.40
  • Municipal Taxes: 1072.85
  • Total Taxes: 4447.49

Multi Family

  • School Taxes: 2867.24
  • Total Units: 3
  • Total Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Sep 14, 2021
Sold by
T A F & B Enterprises
Bought by
Live Lehigh Llc
Seller's Agent
John Rapp
BHHS Paul Ford Easton
Buyer's Agent
John Rapp
BHHS Paul Ford Easton
List Price
$379,900
Sold Price
$355,000
Premium/Discount to List
-$24,900
-6.55%
Current Estimated Value
$431,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,687
Avg. Annual Appreciation
5.91%
Original Mortgage
$266,250
Outstanding Balance
$244,566
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$199,848

Purchase Details

Closed on
Dec 1, 1999
Sold by
Briggs Terry B
Bought by
Briggs Terry B

Purchase Details

Closed on
Jun 1, 1986
Bought by
Briggs Terry B
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
Live Lehigh Llc $355,000 First United Land Transfer I
Briggs Terry B -- --
Briggs Terry B $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Live Lehigh Llc $266,250
Previous Owner Briggs Terry B $25,000
Previous Owner Briggs Terry B $535,000
Previous Owner F & B Enterprises $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $355,000 -6.6% $113 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $379,900 -- $121 / 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 $549 $50,800 $12,500 $38,300
2024 $5,270 $50,800 $12,500 $38,300
2023 $4,461 $43,000 $12,500 $30,500
2022 $4,404 $43,000 $12,500 $30,500
2021 $4,392 $43,000 $12,500 $30,500
2020 $4,390 $43,000 $12,500 $30,500
2019 $4,338 $43,000 $12,500 $30,500
2018 $4,277 $43,000 $12,500 $30,500
2017 $4,193 $43,000 $12,500 $30,500
2016 -- $43,000 $12,500 $30,500
2015 -- $43,000 $12,500 $30,500
2014 -- $43,000 $12,500 $30,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 672787

Greater Lehigh Valley REALTORS®

APN: L9SE1C-3-4-0310