NOT LISTED FOR SALE

Estimated Value: $190,510 - $202,000

3 Beds
1 Bath
1,620 Sq Ft
$121/Sq Ft Est. Value

Last Sold October 24, 2018

Last sale price $54,000 $33 Per Sq Ft

Est. 262% increase in value since last sale

Current estimated payment $1,232/month

5 Days on Market

About This Home

As of October 2018

ATTENTION INVESTORS!!! Excellent opportunity to own single family home that can produce a double digit CAP Rate at this price.

Last Agent to Sell the Property

Paul Renaut

RE/MAX of Reading Listed on: 09/23/2018

RE/MAX of Reading

Last Buyer's Agent

Peter Cerruti

RE/MAX 440

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1895

Lot Details

  • 1,890 Sq Ft Lot
  • Lot Dimensions are 18 x 103

Parking

  • 2 Car Garage

Home Design

  • 1,620 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Oil

Community Details

  • Insurance Expense $500
  • Maintenance Expense $500
  • Trash Expense $375
  • Water Sewer Expense $600
  • Operating Expense $2,036
  • Gross Income $12,000
  • Net Operating Income $8,000

Listing and Financial Details

  • Assessor Parcel Number 549781855182 001

Townhouse Details

Home Type

Townhome

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row/Townhouse
  • County Assessment: 72100.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1895
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Square Footage: 1620

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Garage
  • Parking Spaces: 2

Utilities

  • Cooling: No Air
  • Heat Type: Oil, Radiator
  • Sewer: Public
  • Water: Public
  • Insurance: 500
  • Trash Removal: 375
  • Water Sewer: 600

Condo/Co-op/Association

  • Maintenance Repair: 500

Fee Information

  • Operating Expense: 2036

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.043
  • Lot Dimensions: 18 x 103
  • Lot Sq Ft: 1890
  • Zoning Code: R-Mh-Medium High Density Residential

Tax Info

  • Assessor Parcel Number: 549781855182 001
  • County Taxes: 262.44
  • Municipal Taxes: 951.36
  • Total Taxes: 2036.27

Multi Family

  • School Taxes: 1422.47
  • Total Units: 1
  • Total Unit Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2018
Closed on
Oct 24, 2018
Sold by
Reppert Gregory D
Bought by
Anthony Howard Lp
Seller's Agent
Paul Renaut
RE/MAX of Reading
Buyer's Agent
Peter Cerruti
RE/MAX 440
List Price
$59,900
Sold Price
$54,000
Premium/Discount to List
-$5,900
-9.85%
Total Days on Market
5
Current Estimated Value
$195,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,378
Avg. Annual Appreciation
20.68%

Purchase Details

Listed on
Dec 8, 2015
Closed on
Feb 3, 2016
Sold by
Cla Berkshire Properties Llc
Bought by
Reppert Gregory D
Seller's Agent
Phillip Campano
Advanced Realty Services
Buyer's Agent
Paul Renaut
RE/MAX of Reading
List Price
$29,000
Sold Price
$26,000
Premium/Discount to List
-$3,000
-10.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.83%

Purchase Details

Closed on
Aug 25, 2008
Sold by
Secy Of V A
Bought by
Cla Berkshire Properties

Purchase Details

Closed on
Jun 21, 1995
Sold by
Garcia Daniel and Garcia Zoraida
Bought by
Rizzo Richard R and Rizzo Irene
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 Buyer Sale Price Title Company
Anthony Howard Lp $54,000 Camelot Abstract
Reppert Gregory D $26,000 None Available
Cla Berkshire Properties $39,200 --
Rizzo Richard R $50,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anthony Howard Lp $4,200,000
Previous Owner Cla Berkshire Properties Llc $63,750
Previous Owner Rizzo Irene $4,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2018 10/24/18 Sold $54,000 -9.8% $33 / Sq Ft
09/28/2018 09/28/18 Pending -- -- --
09/23/2018 09/23/18 For Sale $59,900 +130.4% $37 / Sq Ft
02/03/2016 02/03/16 Sold $26,000 -10.3% $20 / Sq Ft
01/08/2016 01/08/16 Pending -- -- --
12/08/2015 12/08/15 For Sale $29,000 -- $22 / 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 $2,348 $72,100 $6,400 $65,700
2024 $2,348 $72,100 $6,400 $65,700
2023 $2,348 $72,100 $6,400 $65,700
2022 $2,266 $72,100 $65,700 $6,400
2021 $2,221 $72,100 $6,400 $65,700
2020 $2,163 $72,100 $6,400 $65,700
2019 $2,128 $72,100 $6,400 $65,700
2018 $1,986 $72,100 $6,400 $65,700
2017 $1,935 $72,100 $6,400 $65,700
2016 -- $72,100 $6,400 $65,700
2015 -- $72,100 $6,400 $65,700
2014 -- $72,100 $6,400 $65,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 590947

Greater Lehigh Valley REALTORS®

APN: 549781855182-1