Zip Code
67 Magnolia Dr, Mertztown, PA 19539
3 beds · 1 bath · 1,440 sq ft · Lot: 39,204 sq ft · Single Family Home · Last Sold: $250K in 2017 · Built: 1979
Est. Value:
$285K
Est. Rent:
$2.3K/month

67 Magnolia Dr Mertztown, PA 19539

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3 beds · 1 bath · 1,440 sq ft · Lot Size: 39,204 sq ft · Single Family Home
Est. Property Value: $285,362

High Demand Long-Term RentalOwned for 5 - 10 YearsOwner Age 45 - 55

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67 Magnolia Dr is in the 19539 neighborhood of Mertztown, PA. It is located in Lehigh County and ZIP code 19539. This Single Family Home was built in 1979 and is approximately 46 years old. The single family home spans 1440 sq ft with 3 bedrooms and 1 bathroom and sits on a 39204 sq ft lot. According to public records, it was last sold in 2017 for $250,000 and has a tax-assessed value of $114,100, which is $198 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 67 Magnolia Dr Mertztown, PA 19539 with Property Intel by Whitepages.

Investment Potential for 67 Magnolia Dr

The property has a current estimated value of $285,362, which is 7% below the zip median, based on public records. It last sold on September 20, 2017 for $250K. Projected long-term
is $27,000 annually ($2,250 per month) with a 96% occupancy rate.

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Long-Term

Gross Rental
$27,000 per year($2,250 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
96%in 19539 zip code
 
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Owners & Occupancy for 67 Magnolia Dr

This property is owned by Tammy L McIlhaney. Owner contact information includes 8 phone numbers and 4 email addresses.

Property Owners

Cell Phone(610) ***-****View Cell Phone
Residence*************
Landline(610) 439-3218
Distance from Property**********
Email Address*************@gmail.comView Email
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Property Ownership Information

Purchase DateSeptember 20, 2017
Property Tax Amount$5,395 in 2024
Purchase Price$250,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************** age 48
Resident 2******************* age 27

Property Details for 67 Magnolia Dr

Property Details

Property Sq Ft

Living Area

1,440 sq ft

9% below market

Lot Size

39,204 sq ft

12% below market

Price Per Sq Ft

Living Area

$198 / sq ft

0% above market

Lot Size Area

$7 / sq ft

20% below market

Property condition, age, exterior, etc. for 67 Magnoli…
Longitude: -75.674426 Latitude: 40.532392 Parcel Number (APN): 59-5474-04-63-8504…
Mortgage originated on through lender: Allentown Fcu for$******View Mortgage Details
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Recommended Properties in 19539

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Market Benchmarks

Compare data for 67 Magnolia Dr in Lehigh County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$285,362
$246,893
$38,469 (16%)
$******
$410,321
-$2,552 (-1%)
YoY Price Change
****%
2.5%
4%
Year Built
1979
1957
22 years
Living Space
1,440 sq ft
1,451 sq ft
-11 (-1%)
$ Per Living Sq Ft
$198
$169
$29 (17%)
Lot Size
39,204 sq ft
8,712 sq ft
30492 (350%)
$ Per Lot Sq Ft
$7
$39
-$32 (-81%)

Net Operating Income
$*****
$16,938
-$1,027 (-6%)
Annual Revenue
$27,000
$25,800
$1,200 (5%)
$*****
$8,369
$2,720 (33%)
Net Operating Income
$*****
$16,938
-$1,027 (-6%)
Cap Rate
****%
6.72%
—
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Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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