Seller's Agent in 2016
Jennifer de Jesus
Steel City Realty
(484) 895-9005
23 in this area
352 Total Sales
Estimated Value: $228,000 - $716,000
11
Beds
4
Baths
3,028
Sq Ft
$190/Sq Ft
Est. Value
About This Home
As of May 2016Great investment opportunity at 11% cap. Fully occupied with leases and deposits. This is a 3 unit sale and the entire building has been gutted and redone. All new plumbing, electrical, windows; you name it, it's been done. All utilities are separated. Economical gas heat, hard-wired smokes, tile baths, and modern kitchens. History of long term tenants that pay annual increases. Once you see inside, you will know why. (528) is a single family home with 2 full baths and 6 bedrooms. (530) is a 2 unit. First floor is a 2 bedroom 1 bath unit. Second & third floor consist of 3 bedrooms and 1 bath. All appliances included. A code free building that is a true low to no maintenance building and cash flows very well. Can be sold as a package deal with MLS # 516209. This building has been professionally managed under this owner and has good quality-paying tenants that respect the building they live in. Guaranteed to be the 2 most stable investment properties on the market today!!!
Last Agent to Sell the Property
Steel City Realty License #RM423820 Listed on: 03/28/2016
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,587
Year Built
- Built in 1900
Lot Details
- 3,360 Sq Ft Lot
Home Design
- Semi-Detached or Twin Home
- Brick Exterior Construction
- Stucco Exterior
Interior Spaces
- 3,028 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 11 Bedrooms
- 4 Full Bathrooms
Home Security
Utilities
- No Cooling
- Hot Water Heating System
- Heating System Uses Gas
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number P6SW2C 20 9 0204
Community Details
Building Details
- Electric Expense $240
- Insurance Expense $1,807
- Trash Expense $384
- Water Sewer Expense $800
- Operating Expense $7,718
- Gross Income $40,080
- Net Operating Income $32,362
Additional Features
- 3 Units
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2016
Closed on
May 20, 2016
Sold by
Nas Pa Holdings Llc
Bought by
Rabanal Oswaldo
Seller's Agent
Jennifer de Jesus
Steel City Realty
Buyer's Agent
Nick Spade
Spade Property Management Inc.
List Price
$300,000
Sold Price
$285,000
Premium/Discount to List
-$15,000
-5%
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
$290,960
Avg. Annual Appreciation
7.35%
Purchase Details
Closed on
Mar 16, 2011
Sold by
Dt 5 Points Llc
Bought by
Nas Pa Holdings Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rabanal Oswaldo | $285,000 | None Available | |
| Nas Pa Holdings Llc | $90,000 | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/20/2016 05/20/16 | Sold | $285,000 | -5.0% | $94 / Sq Ft |
| 04/14/2016 04/14/16 | Pending | -- | -- | -- |
| 03/28/2016 03/28/16 | For Sale | $300,000 | -- | $99 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
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 |
|---|---|---|---|---|
| 2026 | $561 | $51,900 | $8,800 | $43,100 |
| 2025 | $561 | $51,900 | $8,800 | $43,100 |
| 2024 | $4,587 | $51,900 | $8,800 | $43,100 |
| 2023 | $4,587 | $51,900 | $8,800 | $43,100 |
| 2022 | $4,552 | $51,900 | $8,800 | $43,100 |
| 2021 | $4,521 | $51,900 | $8,800 | $43,100 |
| 2020 | $4,478 | $51,900 | $8,800 | $43,100 |
| 2019 | $4,463 | $51,900 | $8,800 | $43,100 |
| 2018 | $4,354 | $51,900 | $8,800 | $43,100 |
| 2017 | $4,303 | $51,900 | $8,800 | $43,100 |
| 2016 | -- | $51,900 | $8,800 | $43,100 |
| 2015 | -- | $51,900 | $8,800 | $43,100 |
| 2014 | -- | $51,900 | $8,800 | $43,100 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer de Jesus
-
Emanuel DeJesus
E
Seller Co-Listing Agent in 2016
Emanuel DeJesus
Coldwell Banker Hearthside
(610) 570-4445
3 Total Sales
-
Nick Spade
N
Buyer's Agent in 2016
Nick Spade
Spade Property Management Inc.
(610) 439-8280
3 in this area
55 Total Sales
Source: Greater Lehigh Valley REALTORS®
MLS Number: 516308
APN: P6SW2C 20 9 0204
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