NOT LISTED FOR SALE

Estimated Value: $546,053 - $708,000

8 Beds
4 Baths
3,648 Sq Ft
$172/Sq Ft Est. Value

Last Sold February 27, 2020

Last sale price $352,500 $97 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,252/month

7 Days on Market

About This Home

As of February 2020

Located by the Allentown Bethlehem border this property built as a 4 Unit in 1974 with each unit having 2 bedrooms and 1 bath. Each apartment is total electric being paid by tenants. Large closets. Balcony or Patio with each apartment. Comfortable size living space. Off street parking. Wall A/C units. Simple management.

Last Agent to Sell the Property

Robert Stoker

RE/MAX Real Estate Listed on: 01/21/2020

RE/MAX Real Estate

Last Buyer's Agent

Jason El-Khouri

IronValley RE of Lehigh Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,072

Year Built

  • Built in 1974

Lot Details

  • 7,754

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Paved Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Additional Features

  • 2-Story Property
  • Property is zoned R-M

Listing and Financial Details

  • Assessor Parcel Number 641748136903 001

Community Details

Overview

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,072

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Both Halves, Detached
  • County Assessment: 270300.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1974
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 8

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 4

Utilities

  • Cooling: Wall AC
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 1500
  • Trash Removal: 1500
  • Water Sewer: 1070

Fee Information

  • Operating Expense: 12141

Schools

  • School District: Allentown

Lot Info

  • Zoning Code: R-M

Tax Info

  • Assessor Parcel Number: 641748136903 001
  • County Taxes: 983.89
  • Municipal Taxes: 1661.62
  • Total Taxes: 8071.62
  • Taxes: 8071

Multi Family

  • School Taxes: 5426.11
  • Total Units: 4
  • Total Unit Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2020
Closed on
Feb 27, 2020
Sold by
Marwell Investment Co Inc
Bought by
Ade Properties Llc
Seller's Agent
Robert Stoker
RE/MAX Real Estate
Buyer's Agent
Jason El-Khouri
IronValley RE of Lehigh Valley
List Price
$387,500
Sold Price
$352,500
Premium/Discount to List
-$35,000
-9.03%
Total Days on Market
7
Current Estimated Value
$626,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,263
Avg. Annual Appreciation
11.52%

Purchase Details

Closed on
Aug 20, 2009
Sold by
Gentis Michael E
Bought by
Marwell Investment Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,425
Interest Rate
5.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 2, 1983
Sold by
Skladany Martin and Skladany Maria
Bought by
Gentis Michael E

Purchase Details

Closed on
Sep 9, 1977
Bought by
Skladany Martin and Skladany Maria
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
Ade Properties Llc $352,500 Edge Abstract
Marwell Investment Co Inc $289,900 --
Gentis Michael E $103,000 --
Skladany Martin $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ade Properties Llc $327,750
Previous Owner Marwell Investment Co Inc $217,425
Previous Owner Marwell Investment Co Inc $217,425
Previous Owner Gentis Michael E $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2020 02/27/20 Sold $352,500 -9.0% $97 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $387,500 -- $106 / 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 $8,804 $270,300 $24,000 $246,300
2024 $8,804 $270,300 $24,000 $246,300
2023 $8,804 $270,300 $24,000 $246,300
2022 $8,496 $270,300 $246,300 $24,000
2021 $8,326 $270,300 $24,000 $246,300
2020 $8,109 $270,300 $24,000 $246,300
2019 $7,978 $270,300 $24,000 $246,300
2018 $7,444 $270,300 $24,000 $246,300
2017 $7,255 $270,300 $24,000 $246,300
2016 -- $270,300 $24,000 $246,300
2015 -- $270,300 $24,000 $246,300
2014 -- $270,300 $24,000 $246,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 631814

Greater Lehigh Valley REALTORS®

APN: 641748136903-1