NOT LISTED FOR SALE

Estimated Value: $196,000 - $281,000

6 Beds
2 Baths
2,736 Sq Ft
$87/Sq Ft Est. Value

Last Sold November 30, 2017

Last sale price $185,300 $68 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,293/month

11 Days on Market

Highlights

  • Patio
  • Forced Air Heating System
  • 6 Car Garage
  • Lower Nazareth Elementary School Rated A
  • Ceiling Fan
  • Storm Doors

About This Home

As of November 2017

Great opportunity for the investor or owner to live in one side and rent the other half. Both sides of a twin with off street parking and a 2 car garage. Tenants pay for all utilities. Rents can be much higher than the long term tenants are now paying. Nazareth Schools.
Addresses of properties are: 260 Nazareth Pike and 262 Nazareth Pike.

Last Agent to Sell the Property

Kirk Fitch

BHHS - Choice Properties Listed on: 10/19/2017

BHHS - Choice Properties

Last Buyer's Agent

Jeff Torchia

Preferred Properties Plus

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 0.36

Home Design

  • Duplex
  • Shingle Siding
  • Vinyl Construction Material

Interior Spaces

  • 2,736 Sq Ft Home
  • 2.5-Story Property
  • Ceiling Fan
  • Wall to Wall Carpet
  • Storm Doors
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • 6 Car Garage
  • Unpaved Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Septic System
  • Cable TV Available

Additional Features

  • Patio
  • 0.36 Acre Lot

Community Details

  • 2 Units
  • Gross Income $20,340

Listing and Financial Details

  • Assessor Parcel Number L7SW2-3-2 0418 & L7SW2-3-3 0418

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Both Halves
  • Technology: Cable
  • County Assessment: 77900.00
  • Stories: 2.5
  • Street Number Modifier: -262
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Features: Patio, Storm Doors, Wall-to-Wall Carpet, Wash/Dry Hook-ups
  • Bathrooms: Semi Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 6
  • Square Footage: 2736

Exterior Features

  • Construction: Shingle, Vinyl

Garage/Parking

  • Parking: Garage, Unpaved Lot
  • Parking Spaces: 6

Utilities

  • Cooling: Ceiling Fan
  • Heat Type: Electric, Forced Air, Oil
  • Sewer: Septic
  • Water: Public

Schools

  • School District: Nazareth

Lot Info

  • Acres: 0.360
  • Lot Sq Ft: 15682
  • Zoning Code: Residential

Tax Info

  • Assessor Parcel Number: L7SW2-3-2 0418 & L7SW2-3-3 0418
  • County Taxes: 841.32
  • Municipal Taxes: 350.55
  • Total Taxes: 5616.59

Multi Family

  • School Taxes: 4424.72
  • Total Units: 2
  • Total Unit Count: 2

MLS Schools

  • School District: Nazareth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2017
Closed on
Nov 30, 2017
Sold by
Sakasits James J and Kokolus Paul A
Bought by
Providence Investment Group Llc
Seller's Agent
Kirk Fitch
BHHS - Choice Properties
Buyer's Agent
Jeff Torchia
Preferred Properties Plus
List Price
$198,000
Sold Price
$185,300
Premium/Discount to List
-$12,700
-6.41%
Current Estimated Value
$237,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,680
Avg. Annual Appreciation
3.22%

Purchase Details

Closed on
Jan 1, 1992
Bought by
Sakasits James J

Purchase Details

Closed on
Dec 1, 1988
Bought by
Not Provided
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Providence Investment Group Llc $92,650 None Available
Sakasits James J -- --
Not Provided $107,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2017 11/30/17 Sold $185,300 -6.4% $68 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
10/19/2017 10/19/17 For Sale $198,000 -- $72 / 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 $389 $36,000 $17,100 $18,900
2024 $2,621 $36,000 $17,100 $18,900
2023 $2,596 $36,000 $17,100 $18,900
2022 $2,596 $36,000 $17,100 $18,900
2021 $2,581 $36,000 $17,100 $18,900
2020 $2,581 $36,000 $17,100 $18,900
2019 $2,536 $36,000 $17,100 $18,900
2018 $2,492 $36,000 $17,100 $18,900
2017 $2,447 $36,000 $17,100 $18,900
2016 -- $36,000 $17,100 $18,900
2015 -- $36,000 $17,100 $18,900
2014 -- $36,000 $17,100 $18,900
Source: Public Records

Agents Affiliated with this Home

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Source: Greater Lehigh Valley REALTORS®

MLS Number: 562279

Greater Lehigh Valley REALTORS®

APN: L7SW2-3-2-0418