NOT LISTED FOR SALE

906 Walnut St Allentown, PA 18102

Center City Neighborhood

Estimated Value: $321,736

4 Beds
2 Baths
2,853 Sq Ft
$113/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $275,000 $96 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,168/month

54 Days on Market

About This Home

As of August 2023

Great opportunity for mixed use building in Allentown. 1st floor tenant pay $850 rent per month. 2nd floor tenant pay $800 per month, 3rd floor tenant pay $800 per month. Tenants pay electric, hot water and shovel snow. Landlord pay water and sewer for $50 per month. Landlord pay insurance per year of $750. 1st and 2nd floor tenants are month to month lease, 3rd floor Tenants lease will be expired by 11/2023. Please call today for an appointment. Great Investment property.

Last Agent to Sell the Property

Catherine Tien

Ling Realty Inc Listed on: 06/05/2023

Co-Listed By

Amy Ling

Ling Realty Inc

Last Buyer's Agent

Kevin Azar

RE/MAX Real Estate

RE/MAX Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,437

Year Built

  • Built in 1900

Lot Details

  • 2,309 Sq Ft Lot
  • Lot Dimensions are 19 x 120

Home Design

  • 2,853 Sq Ft Home
  • Mixed Use
  • Brick Exterior Construction

Parking

  • 4 Parking Spaces
  • Off-Site Parking

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 640609139840001

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $750
  • Water Sewer Expense $600
  • Operating Expense $1,350
  • Gross Income $11,250
  • Net Operating Income $5,463

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,437

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, Mixed Use
  • County Assessment: 133700.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Square Footage: 2853

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Off Site
  • Parking Spaces: 4

Utilities

  • Cooling: No Air
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 750
  • Water Sewer: 600

Fee Information

  • Operating Expense: 1350

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.053
  • Lot Dimensions: 19 X 120
  • Lot Sq Ft: 2309
  • Zoning Code: B-2-CENTRAL BUSINESS

Tax Info

  • Assessor Parcel Number: 640609139840001
  • County Taxes: 505.39
  • Municipal Taxes: 904.51
  • Total Taxes: 4437.30

Multi Family

  • School Taxes: 3027.40
  • Total Units: 3
  • Total Unit Count: 3

MLS Schools

  • School District: Allentown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
Aug 25, 2023
Sold by
Chen Yun
Bought by
W Walnut Property Group Llc
Seller's Agent
Catherine Tien
Ling Realty Inc
Buyer's Agent
Kevin Azar
RE/MAX Real Estate
List Price
$310,000
Sold Price
$275,000
Premium/Discount to List
-$35,000
-11.29%
Total Days on Market
54
Current Estimated Value
$321,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,736
Avg. Annual Appreciation
9.11%
Original Mortgage
$220,000
Outstanding Balance
$216,234
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$105,502

Purchase Details

Closed on
May 17, 2006
Sold by
Yen Ben T and Yen Concepcion Tan
Bought by
Lin Jason and Yun Chen

Purchase Details

Closed on
Mar 31, 1975
Bought by
Yen Ben T and Concepcion Tan
Source: Public Records

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Range of Values:

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Average Value
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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
W Walnut Property Group Llc $275,000 None Listed On Document
Lin Jason $73,800 None Available
Yen Ben T $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open W Walnut Property Group Llc $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $275,000 -11.3% $96 / Sq Ft
07/29/2023 07/29/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $310,000 0.0% $109 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $310,000 -- $109 / 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 $4,437 $133,700 $16,200 $117,500
2024 $4,437 $133,700 $16,200 $117,500
2023 $4,437 $133,700 $16,200 $117,500
2022 $6,589 $133,700 $16,200 $117,500
2021 $4,201 $133,700 $16,200 $117,500
2020 $4,094 $133,700 $16,200 $117,500
2019 $4,029 $133,700 $16,200 $117,500
2018 $3,747 $133,700 $16,200 $117,500
2017 $3,654 $133,700 $16,200 $117,500
2016 -- $133,700 $16,200 $117,500
2015 -- $133,700 $16,200 $117,500
2014 -- $133,700 $16,200 $117,500
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Catherine Tien

    Ling Realty Inc

    (610) 398-0354

    2 in this area

    17 Total Sales

    Catherine Tien
    Section Image
  • Amy Ling

    Seller Co-Listing Agent in 2023

    Amy Ling

    Ling Realty Inc

    (610) 360-3800

    10 in this area

    59 Total Sales

    Amy Ling
    Section Image

  • K

    Buyer's Agent in 2023

    Kevin Azar

    RE/MAX

    (610) 751-7046

    5 in this area

    25 Total Sales

    Kevin Azar
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 718540

Greater Lehigh Valley REALTORS®

APN: 640609139840-1

Pennsylvania Lehigh County Allentown 18102 Center City

906 Walnut St, Allentown, PA

This home is located at 906 Walnut St, Allentown, PA 18102 since 05 June 2023 and is currently estimated at $321,736, approximately $112 per square foot. This property was built in 1900. 906 Walnut St is a home located in Lehigh County with nearby schools including Jefferson Elementary School, South Mountain Middle School, and William Allen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Lehigh Valley REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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