$120,000
SOLD MAR 16, 2022
3 Beds
1 Bath
1,267 Sq Ft
954 Sq Ft Lot

Recently Sold

$95 Per Sq Ft

10 Days on Market

About This Home

As of March 2022

Whether you are a new or a seasoned investor, you don't want to miss out on the amazing opportunity to own a turn-key income-producing property like 913 Carrot St. This home has 3 bedrooms, 1 bath, gas heat, fenced yard and is near major shopping centers and highways. Producing a really nice 9% CAP rate, this investment property would be a really nice addition to your portfolio in a very competitive Lehigh Valley rental market. Very LOW taxes. Schedule your showing today!

Last Agent to Sell the Property

Zack Nebbaki

EXP Realty LLC Listed on: 02/07/2022

EXP Realty LLC

Last Buyer's Agent

Lisa Bolash

IronValley RE of Lehigh Valley

IronValley RE of Lehigh Valley

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,727

Year Built

  • Built in 1910

Lot Details

  • 954 Sq Ft Lot

Home Design

  • Semi-Detached or Twin Home
  • Brick Exterior Construction

Interior Spaces

  • 1,267 Sq Ft Home
  • 2.5-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas

Community Details

  • Insurance Expense $700
  • Manager Expense $1,029
  • Trash Expense $400
  • Gross Income $14,700
  • Net Operating Income $10,845

Listing and Financial Details

  • Assessor Parcel Number 549784210733001

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,727

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Semi Detached/Twin
  • County Assessment: 55700.00
  • Stories: 2.5
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Square Footage: 1267

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: Ceiling Fan, Window AC
  • Heat Type: Baseboard, Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 700
  • Trash Removal: 400

Condo/Co-op/Association

  • Management: 1029

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.022
  • Lot Sq Ft: 954
  • Zoning Code: R-MH-MEDIUM HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 549784210733001
  • County Taxes: 210.55
  • Municipal Taxes: 318.64
  • Total Taxes: 1726.94

Multi Family

  • School Taxes: 1197.75
  • Total Units: 1
  • Total Unit Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2022
Closed on
Mar 14, 2022
Sold by
Hamilton Crossing Homes Llc
Bought by
Padilla Ricardo
Seller's Agent
Zack Nebbaki
EXP Realty LLC
Buyer's Agent
Lisa Bolash
IronValley RE of Lehigh Valley
List Price
$119,900
Sold Price
$120,000
Premium/Discount to List
$100
0.08%
Total Days on Market
10
Current Estimated Value
$167,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,756
Avg. Annual Appreciation
11.00%
Original Mortgage
$96,000
Outstanding Balance
$90,153
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$77,603

Purchase Details

Listed on
Mar 9, 2020
Closed on
Jun 23, 2020
Sold by
Eld Properties Llc
Bought by
Homes Hamilton Crossing and Freehold Capital Llc
Seller's Agent
Matthew Hartman
Advanced Realty Services
Buyer's Agent
David Ribardo
Keller Williams Allentown
List Price
$89,900
Sold Price
$77,000
Premium/Discount to List
-$12,900
-14.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.24%

Purchase Details

Closed on
Jun 13, 2008
Sold by
Lambert Charles W
Bought by
Eld Properties

Purchase Details

Closed on
Jun 13, 1978
Bought by
Lambert Charles W and Lambert Lamay A
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 Type Sale Price Title Company
Deed $120,000 None Listed On Document
Deed $77,000 Keystone Premier Setmnt Svcs
Warranty Deed $53,000 --
Deed $5,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $96,000 New Conventional
Previous Owner $66,000 Unknown
Previous Owner $27,775 Unknown
Previous Owner $25,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2022 03/16/22 Sold $120,000 +0.1% $95 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $119,900 +55.7% $95 / Sq Ft
06/23/2020 06/23/20 Sold $77,000 -14.3% $61 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $89,900 -- $71 / 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 $1,790 $55,700 $3,700 $52,000
2024 $1,790 $55,700 $3,700 $52,000
2023 $1,790 $55,700 $3,700 $52,000
2022 $1,727 $55,700 $52,000 $3,700
2021 $1,692 $55,700 $3,700 $52,000
2020 $1,647 $55,700 $3,700 $52,000
2019 $1,620 $55,700 $3,700 $52,000
2018 $1,515 $55,700 $3,700 $52,000
2017 $1,476 $55,700 $3,700 $52,000
2016 -- $55,700 $3,700 $52,000
2015 -- $55,700 $3,700 $52,000
2014 -- $55,700 $3,700 $52,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 687516

Greater Lehigh Valley REALTORS®

APN: 549784210733-1