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605 North 40th Street

605 North 40th Street, Allentown, PA 18104
Property in Trexler Park
Sold Oct 10, 2016
$348,800
$279,040 by Fairway Independent Mortgage C
Mortgage Due Nov 01, 2031
Sold May 18, 2005
$279,130
$223,300 by Pentagon Fcu
Mortgage Due Jun 01, 2020
Local assessors in Allentown, PA have categorized 605 North 40th Street as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 3,547 square feet. The linear feet between the front and back of the lot was measured at 1,267 ft and the front of the lot was measured at 280 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a row home style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 605 North 40th Street has a total of 2,666 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 605 North 40th Street sold most recently in Oct 3, 2016 for a total of $348,800. If you work out the math, that's approximately a cost of $130.83 per sqft. Before that, the property was also sold for $279,130 in May 6, 2005. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,316 in taxes each year. 605 North 40th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $250,400. If we break it down further, the land itself was valued at $14,300. Improvements to the property, however, were assessed at a total of $236,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Row home
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,547
  • Lot Size Depth Feet: 1,267
  • Lot Size Frontage Feet: 280
  • Total Building Area: 2,666
  • Building Area: 2,666
  • Building Area Measurement: Base Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,666
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HERITAGE-TREXLER PK
  • Land Acres: 0.081
  • Standard Land Use Code: Row house (residential)
  • County Land Use Code: Quadruplex (4 units, any combination)

Ownership

  • Current Owner : WONG LEO H
  • Current Owner 2: WONG TOMOKO
  • Previous Owner : BUCHMAN JEFFERY LYNN
  • Previous Owner 2: HEARN KENNETH LYNN
  • Owner Before Previous Owner: HERITAGE HERITAGE AT TREXLER PARK LP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Parkland School District
  • School Tax School District: 19
  • Census Tract: 002303

Zoning

  • Zoning: R-MP

Geography

  • District: 02
  • Parcel: 548625066780-1
  • Municipality: ALLENTOWN
  • Latitude: 40.5906
  • Longitude: -75.5405

    Address

  • Full Address: 605 N 40th St
  • Address - House Number: 605
  • Street Direction: N
  • Address - Street Name: 40th
  • Address - Suffix Type: St
  • State: PA
  • City Name: Allentown
  • Carrier Code: C103
  • 4-Digit Zip Code: 4557
  • Zip Code: 18104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,316

    Appraisal Valuation

  • Standard Deviation: 0.1711
  • Valuation Date: May 31, 2023
  • Confidence Score: 78
  • Final Value: 473,608
  • High Value: 554,659
  • Low Value: 392,556

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $279,040
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Oct 10, 2016
  • First Open Lien Mortgage Loan Amount: $279,040
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2031

    Market Valuation

  • Market Total Value: $250,400
  • Market Land Value: $14,300
  • Market Improvement Value: $236,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $250,400
  • Assessed Land Value: $14,300
  • Assessed Improvements Value: $236,100

    Sales

  • Current Sale Contract Date: Oct 03, 2016
  • Current Sale Recording Date: Oct 10, 2016
  • Current Sale Transaction ID: 1944951545
  • Current Sale Price: $348,800
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2016028868
  • Previous Sale Recording Date: May 18, 2005
  • Previous Sale Contract Date: May 06, 2005
  • Previous Sale Amount: $279,130
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Oct 10, 2016
  • First Mortgage Loan Amount: $279,040
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2031

    Previous Mortgages

  • Previous Mortgage Lender: PENTAGON FCU
  • Previous Mortgage Transaction Date: May 18, 2005
  • Previous Mortgage Loan Amount: $223,300
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jun 01, 2020

About Westside



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Frequently Asked Questions

What neighborhood is 605 North 40th Street located in?
The 605 North 40th Street is a located in the neighborhood of Trexler Park in Westside, Allentown.
What is the average sales price for listings in 605 North 40th Street?
The average sales price for units in 605 North 40th Street is $0 currently.

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