$54,000
SOLD OCT 24, 2018

950 W Pine St Allentown, PA 18102

Center City Neighborhood
3 Beds
1 Bath
1,620 Sq Ft
1,890 Sq Ft Lot

Recently Sold

$33 Per Sq Ft

10% Below List Price

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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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 Type Sale Price Title Company
Deed $54,000 Camelot Abstract
Deed $26,000 None Available
Special Warranty Deed $39,200 --
Deed $50,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,200,000 Future Advance Clause Open End Mortgage
Previous Owner $63,750 Unknown
Previous Owner $4,500 Unknown
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

  • Paul Renaut

    Seller's Agent in 2018

    Paul Renaut

    RE/MAX

    (610) 730-4872

    7 in this area

    41 Total Sales

    Section Image
  • Peter Cerruti

    Buyer's Agent in 2018

    Peter Cerruti

    RE/MAX

    (215) 429-7273

    8 in this area

    109 Total Sales

    Peter Cerruti
    Section Image

  • P

    Seller's Agent in 2016

    Phillip Campano

    Advanced Realty Services

    (610) 439-8002

    1 in this area

    6 Total Sales

    Phillip Campano
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 590947

Greater Lehigh Valley REALTORS®

APN: 549781855182-1

Pennsylvania Lehigh County Allentown 18102 Center City

950 W Pine St, Allentown, PA

This home is located at 950 W Pine St, Allentown, PA 18102 and is currently priced at $54,000, approximately $33 per square foot. This property was built in 1895. 950 W Pine St is a home located in Lehigh County with nearby schools including Francis D Raub Middle School, William Allen High School, and Arts Academy Elementary Charter 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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