NOT LISTED FOR SALE

918 W Walnut St Allentown, PA 18102

Center City Neighborhood

Estimated Value: $219,000 - $261,000

3 Beds
2 Baths
1,872 Sq Ft
$129/Sq Ft Est. Value

Last Sold March 26, 2020

Last sale price $150,000 $80 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,551/month

23 Days on Market

About This Home

As of March 2020

Fabulous positive cash flow 2 unit property in Center City Allentown. 8.78 Cap Rate! First floor is a spacious 1 bedroom 1 bath unit. Second floor is a 2 bedroom 1 bath unit with plenty of storage and natural light. Electric heat paid by the tenant. Plenty of off street parking in back of the property. Close to all that Center City Allentown has to offer. Be sure to check out the 3D virtual tour!

Last Agent to Sell the Property

Andrew Dilg

RE/MAX Real Estate Listed on: 01/24/2020

Last Buyer's Agent

Janice Benner

RE/MAX Real Estate

RE/MAX Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,950

Year Built

  • Built in 1880

Lot Details

  • 2,400 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,872 Sq Ft Home
  • 2.5-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Paved Parking

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 640609038480001

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $600
  • Maintenance Expense $500
  • Trash Expense $375
  • Water Sewer Expense $550
  • Gross Income $19,200
  • Net Operating Income $14,225

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,950

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 99100.00
  • Stories: 2.5
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1880
  • Special Features: None

Interior Features

  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Square Footage: 1872

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 4

Utilities

  • Cooling: Window AC
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 600
  • Trash Removal: 375
  • Water Sewer: 550

Condo/Co-op/Association

  • Maintenance Repair: 500

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.055
  • Lot Sq Ft: 2400
  • Zoning Code: B-2-CENTRAL BUSINESS

Tax Info

  • Assessor Parcel Number: 640609038480001
  • County Taxes: 360.72
  • Municipal Taxes: 599.67
  • Total Taxes: 2949.76

Multi Family

  • School Taxes: 1989.37
  • Total Units: 2
  • Total Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2020
Closed on
Mar 20, 2020
Sold by
Camire Matthew T and Camire Sarah J
Bought by
Levy Manica L
Seller's Agent
Andrew Dilg
RE/MAX Real Estate
Buyer's Agent
Janice Benner
RE/MAX Real Estate
List Price
$161,900
Sold Price
$150,000
Premium/Discount to List
-$11,900
-7.35%
Total Days on Market
23
Current Estimated Value
$241,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,726
Avg. Annual Appreciation
9.57%
Original Mortgage
$147,283
Outstanding Balance
$131,880
Interest Rate
3.4%
Mortgage Type
FHA
Estimated Equity
$109,846

Purchase Details

Closed on
Oct 14, 2013
Sold by
Johnson Lenora M
Bought by
Camire Matthew T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 2, 2013
Closed on
May 30, 2013
Sold by
Federal National Mortgage Association
Bought by
Johnson Lenora M
Seller's Agent
Dale Kessler
Realty 365
Buyer's Agent
Theodore VanWert
IronValley RE of Lehigh Valley
List Price
$39,900
Sold Price
$34,900
Premium/Discount to List
-$5,000
-12.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.45%

Purchase Details

Closed on
Aug 18, 2006
Sold by
Schaffer Robert D and Schaffer Marianne
Bought by
Molina Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,920
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 1976
Bought by
Schaffer Robert D and Schaffer Marianne
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
Levy Manica L $150,000 First United Land Transfer I
Camire Matthew T $50,000 --
Johnson Lenora M $34,900 --
Molina Sandra $119,900 None Available
Schaffer Robert D $11,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levy Manica L $42,075
Open Levy Manica L $147,283
Previous Owner Camire Matthew T $37,500
Previous Owner Molina Sandra $95,920
Previous Owner Schaffer Robert D $51,180
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2020 03/26/20 Sold $150,000 -7.4% $80 / Sq Ft
02/16/2020 02/16/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $161,900 0.0% $86 / Sq Ft
02/08/2020 02/08/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $161,900 +363.9% $86 / Sq Ft
06/04/2013 06/04/13 Sold $34,900 -12.5% $19 / Sq Ft
05/08/2013 05/08/13 Pending -- -- --
04/02/2013 04/02/13 For Sale $39,900 -- $21 / 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 $3,218 $99,100 $8,300 $90,800
2024 $3,218 $99,100 $8,300 $90,800
2023 $3,218 $99,100 $8,300 $90,800
2022 $3,105 $99,100 $90,800 $8,300
2021 $3,043 $99,100 $8,300 $90,800
2020 $2,964 $99,100 $8,300 $90,800
2019 $2,916 $99,100 $8,300 $90,800
2018 $2,722 $99,100 $8,300 $90,800
2017 $2,653 $99,100 $8,300 $90,800
2016 -- $99,100 $8,300 $90,800
2015 -- $99,100 $8,300 $90,800
2014 -- $99,100 $8,300 $90,800
Source: Public Records

Agents Affiliated with this Home

  • Andrew Dilg

    Seller's Agent in 2020

    Andrew Dilg

    RE/MAX

    (773) 301-3644

    18 in this area

    274 Total Sales

    Andrew Dilg
    Section Image
  • Janice Benner

    Buyer's Agent in 2020

    Janice Benner

    RE/MAX

    (610) 393-9877

    6 in this area

    120 Total Sales

    Janice Benner
    Section Image
  • Dale Kessler

    Seller's Agent in 2013

    Dale Kessler

    Realty 365

    (484) 707-3201

    10 in this area

    282 Total Sales

    Dale Kessler
    Section Image

  • T

    Buyer's Agent in 2013

    Theodore VanWert

    IronValley RE of Lehigh Valley

    (484) 239-7060

    33 Total Sales

    Theodore VanWert
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 631943

Greater Lehigh Valley REALTORS®

APN: 640609038480-1

Pennsylvania Lehigh County Allentown 18101 Center City

918 W Walnut St, Allentown, PA

This home is located at 918 W Walnut St, Allentown, PA 18102 since 24 January 2020 and is currently estimated at $241,726, approximately $129 per square foot. This property was built in 1880. 918 W 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.
Information is deemed reliable but not guaranteed.

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