NOT LISTED FOR SALE

Estimated Value: $224,748 - $251,000

3 Beds
1.5 Baths
1,323 Sq Ft
$179/Sq Ft Est. Value

Last Sold February 22, 2024

Last sale price $238,000 $180 Per Sq Ft

Current estimated payment $1,541/month

5 Days on Market

Highlights

  • Furnished
  • 1 Car Garage
  • Radiator

About This Home

As of February 2024

Calling all investors! Great opportunity - A recently renovated and updated vacant single-family property with a finished basement and detached garage at 809.5 S 10th St in Allentown, PA. The previous tenant paid $2,100 per month, and with this listing price, this investment property boasts an attractive cap rate of approximately 9+%. With tenants responsible for all utilities and expenses streamlined to taxes and insurance annually, your investment dollars are working smarter, not harder. Don't miss your chance to seize this wealth-building investment in the heart of Allentown. Inquire today to secure your future in real estate!

Last Agent to Sell the Property

Jennifer de Jesus

Steel City Realty Listed on: 12/22/2023

Last Buyer's Agent

Kristi Smith

RE/MAX Real Estate

RE/MAX Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,854

Year Built

  • Built in 1930

Lot Details

  • 1,390 Sq Ft Lot
  • Lot Dimensions are 14x100

Home Design

  • Semi-Detached or Twin Home
  • Brick Exterior Construction
  • Stone

Interior Spaces

  • 1,323 Sq Ft Home
  • 2.5-Story Property
  • Furnished

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

Parking

  • 1 Car Garage
  • Off-Site Parking

Utilities

  • No Cooling
  • Radiator

Listing and Financial Details

  • Assessor Parcel Number 640606463782001

Community Details

Building Details

  • Insurance Expense $800
  • Operating Expense $3,654
  • Gross Income $25,200
  • Net Operating Income $21,546

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,854

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Semi Detached/Twin
  • Technology: Smk Detector Battery
  • County Assessment: 88800.00
  • Stories: 2.5
  • Street Number Modifier: 1/2
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1930
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Features: Furnished
  • Bathrooms: Modern
  • Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Square Footage: 1323

Exterior Features

  • Construction: Brick, Stone

Garage/Parking

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

Utilities

  • Cooling: No Air
  • Heat Type: Electric, Radiator
  • Sewer: Public
  • Water: Public
  • Insurance: 800

Fee Information

  • Operating Expense: 3654

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.032
  • Lot Dimensions: 14x100
  • Lot Sq Ft: 1390
  • Zoning Code: R-M-MEDIUM DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 640606463782001
  • County Taxes: 335.66
  • Municipal Taxes: 508.01
  • Total Taxes: 2854.39

Multi Family

  • School Taxes: 2010.72
  • Total Units: 1
  • Total Unit Count: 1

MLS Schools

  • School District: Allentown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2007
Sold by
Nieves Amber L
Bought by
Colon Megan
Total Days on Market
5
Current Estimated Value
$237,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,169
Interest Rate
6.21%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 26, 2002
Sold by
Bitler Elizabeth A and Temirbulatov Elizabeth A
Bought by
Nieves Amber L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,986
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 17, 1994
Sold by
Bieber Richard and Dolores Renninger
Bought by
Bitler Elizabeth A

Purchase Details

Closed on
Feb 4, 1994
Sold by
Bieber Mark W and Helen Mae
Bought by
Bieber Richard and Dolores Renninger
Source: Public Records

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Range of Values:

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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
Colon Megan $106,000 --
Nieves Amber L $61,500 --
Bitler Elizabeth A $53,500 --
Bieber Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sollars David $121,500
Closed Watson Megan $3,479
Closed Colon Megan $105,169
Previous Owner Nieves Amber L $60,986
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2024 02/22/24 Sold $238,000 +3.5% $180 / Sq Ft
12/27/2023 12/27/23 Pending -- -- --
12/22/2023 12/22/23 For Sale $230,000 0.0% $174 / Sq Ft
06/01/2023 06/01/23 Rented $2,100 0.0% --
05/04/2023 05/04/23 Under Contract -- -- --
04/06/2023 04/06/23 For Rent $2,100 +29.2% --
10/05/2020 10/05/20 Rented $1,625 0.0% --
10/01/2020 10/01/20 For Rent $1,625 0.0% --
09/30/2020 09/30/20 Sold $160,000 -5.8% $135 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/24/2020 08/24/20 Price Changed $169,900 -2.9% $144 / Sq Ft
08/14/2020 08/14/20 For Sale $174,900 0.0% $148 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $174,900 0.0% $148 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $174,900 -- $148 / 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 $2,583 $80,000 $5,900 $74,100
2024 $2,583 $80,000 $5,900 $74,100
2023 $2,583 $80,000 $5,900 $74,100
2022 $2,492 $80,000 $74,100 $5,900
2021 $2,441 $80,000 $5,900 $74,100
2020 $2,377 $80,000 $5,900 $74,100
2019 $2,338 $80,000 $5,900 $74,100
2018 $2,185 $80,000 $5,900 $74,100
2017 $2,129 $80,000 $5,900 $74,100
2016 -- $80,000 $5,900 $74,100
2015 -- $80,000 $5,900 $74,100
2014 -- $80,000 $5,900 $74,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 729716

Greater Lehigh Valley REALTORS®

APN: 640606463866-1