Seller's Agent in 2020
Andrew Dilg
RE/MAX
(773) 301-3644
19 in this area
278 Total Sales
918 W Walnut St Allentown, PA 18102
Center City Neighborhood
3
Beds
2
Baths
1,872
Sq Ft
2,400
Sq Ft Lot
About This Home
As of March 2020Fabulous 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!
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
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%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,692
Avg. Annual Appreciation
10.03%
Original Mortgage
$147,283
Outstanding Balance
$131,880
Interest Rate
3.4%
Mortgage Type
FHA
Estimated Equity
$118,772
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
17.57%
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $150,000 | First United Land Transfer I | |
| Warranty Deed | $50,000 | -- | |
| Special Warranty Deed | $34,900 | -- | |
| Deed | $119,900 | None Available | |
| Deed | $11,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $42,075 | FHA | |
| Open | $147,283 | FHA | |
| Previous Owner | $37,500 | New Conventional | |
| Previous Owner | $95,920 | Purchase Money Mortgage | |
| Previous Owner | $51,180 | Unknown |
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
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
-
-
Buyer's Agent in 2020
Janice Benner
RE/MAX
(610) 393-9877
6 in this area
122 Total Sales
-
Seller's Agent in 2013
Dale Kessler
Realty 365
(484) 707-3201
10 in this area
267 Total Sales
-
T
Buyer's Agent in 2013
Theodore VanWert
IronValley RE of Lehigh Valley
(484) 239-7060
31 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 631943
APN: 640609038480-1
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Information is deemed reliable but not guaranteed.
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