NOT LISTED FOR SALE

Estimated Value: $322,929

5 Beds
3.5 Baths
3,436 Sq Ft
$94/Sq Ft Est. Value

Last Sold June 07, 2018

Last sale price $130,000 $38 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $2,193/month

9 Days on Market

Highlights

  • Panoramic View
  • Wood Flooring
  • Covered patio or porch
  • 0.11 Acre Lot
  • Corner Lot
  • Balcony

About This Home

As of June 2018

ATTENTION INVESTORS!!!:

Rare opportunity for excellent cash flow Just one block off of Bustling 7th Street in Allentown!
This is a Huge, beautiful brick, DETACHED, MIXED USE 3 unit, Building in Allentown. A little work will go a long way to update this buildings solid bones!

The Property features an enormous DOUBLE lot that spans the ENTIRE BLOCK! There are TWO oversized Garages on the property, ONE IS 2 STORIES!
The building proper features:
One 2 bed 1.5 bath 2 story unit (the half bath is enormous and only needs a tub to be a second full bathroom)
One 2 bed 1 bath 2 story unit with tons of natural light and a wonderful panoramic view of 6th street
One 1 bed 1 bath mixed use space with large glass store front windows.

Newer water heaters and windows contribute to the great bones of the property. Last tenant just moved out, building completely vacant.

This property is being sold as-is

Last Agent to Sell the Property

GABRIEL DEFALCIS

IronValley RE of Lehigh Valley Listed on: 03/30/2018

IronValley RE of Lehigh Valley

Last Buyer's Agent

Jocelyn Iglesia

United RealEstate Strive212 LV

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1890

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 120x40
  • Corner Lot
  • Property is zoned R-Mh-Medium High Density Residential

Property Views

  • Panoramic
  • City Lights

Home Design

  • Asphalt Roof

Interior Spaces

  • 3,436 Sq Ft Home
  • 3-Story Property
  • Dining Room
  • Electric Oven
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 4 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Covered patio or porch

Utilities

  • Baseboard Heating
  • Gas Water Heater

Community Details

  • Old Frgrnds Historic Subdivision

Listing and Financial Details

  • Assessor Parcel Number 549795906210 1

Home Details

Home Type

Single Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • Property Sub Type Category: Detached
  • County Assessment: 135700.00
  • Stories: 3.0
  • View: City Lights, Panoramic
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Appliances: Oven/Range, Laundry Hookup, Oven Electric, Refrigerator
  • Floor: Hardwood, Linoleum
  • Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Rooms: 11
  • Basement: Full, Outside Entrance
  • Bedrooms: 5
  • Dining Room: Dining Room
  • Price Per Square Foot: 37.83
  • Sq Ft Approx Abv Grade: 3436
  • Square Footage: 3436
  • Total Room Count: 15

Exterior Features

  • Exterior: Balcony, Covered Porch
  • Roof: Asphalt Fiberglass

Garage/Parking

  • Garage: Detached
  • Number Of Cars: 4
  • Parking: Off & On Street

Utilities

  • Heat Type: Baseboard, Electric
  • Hot Water: Electric, Gas
  • Sewer: Public
  • Water: Public

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.110
  • Lot Dimensions: 120X40
  • Lots: Corner
  • Lot Sq Ft: 4800
  • Zoning Code: R-Mh-Medium High Density Residential

Tax Info

  • Assessor Parcel Number: 549795906210 1
  • County Taxes: 493.95
  • Municipal Taxes: 769.54
  • Total Taxes: 3845.21

Multi Family

  • School Taxes: 2581.72

MLS Schools

  • School District: Allentown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2018
Closed on
Jun 7, 2018
Sold by
Santiago Marianela and Betancourt Aefredo
Bought by
Jd 827 N 6Th St Llc
Seller's Agent
GABRIEL DEFALCIS
IronValley RE of Lehigh Valley
Buyer's Agent
Jocelyn Iglesia
United RealEstate Strive212 LV
List Price
$120,000
Sold Price
$130,000
Premium/Discount to List
$10,000
8.33%
Total Days on Market
9
Current Estimated Value
$322,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,929
Avg. Annual Appreciation
13.90%
Original Mortgage
$84,500
Outstanding Balance
$52,931
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$269,998

Purchase Details

Closed on
Oct 4, 2006
Sold by
Ireland Shawn E
Bought by
Santiago Marianela and Betancourt Alfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 11, 1987
Bought by
Ireland Shawn E

Purchase Details

Closed on
Sep 20, 1985
Sold by
Vogel Robert H
Bought by
Vogel Robert H
Source: Public Records

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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
Jd 827 N 6Th St Llc $130,000 Quaint Oak Abstract Llc
Santiago Marianela $90,000 None Available
Ireland Shawn E $78,000 --
Vogel Robert H $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jd 827 N 6Th St Llc $84,500
Previous Owner Santiago Marianela $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2018 06/07/18 Sold $130,000 +8.3% $38 / Sq Ft
04/08/2018 04/08/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $120,000 -- $35 / 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 $4,556 $135,700 $19,200 $116,500
2024 $4,556 $135,700 $19,200 $116,500
2023 $4,556 $135,700 $19,200 $116,500
2022 $4,402 $135,700 $116,500 $19,200
2021 $4,317 $135,700 $19,200 $116,500
2020 $4,208 $135,700 $19,200 $116,500
2019 $4,142 $135,700 $19,200 $116,500
2018 $3,845 $135,700 $19,200 $116,500
2017 $3,751 $135,700 $19,200 $116,500
2016 -- $135,700 $19,200 $116,500
2015 -- $135,700 $19,200 $116,500
2014 -- $135,700 $19,200 $116,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 575708

Greater Lehigh Valley REALTORS®

APN: 549795906210-1