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481 Locust St

Mertztown, PA 19539

2 bd 2 ba 1,292 sqft Built 1940 Lot 7,841 sqft single_family
Most recent sale
$150,000
Jun 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 15, 2022 Sold $150,000 Public Record
Apr 20, 2022 Listed $159,900 MLS #PABK2014654
Apr 14, 2022 Listed $159,900 MLS #690881

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $36,200 $20,700 $56,900 $2,672
2025 $36,200 $20,700 $56,900 $2,672
2023 $36,200 $20,700 $56,900 $2,635
2022 $36,200 $20,700 $56,900 $2,576
2021 $36,200 $20,700 $56,900 $2,557
2020 $36,200 $20,700 $56,900 $2,537
2019 $36,200 $20,700 $56,900 $2,500
2018 $36,200 $20,700 $56,900 $2,474
2017 $36,200 $20,700 $56,900 $2,430
2016 $36,200 $20,700 $56,900 $2,416
2015 $36,200 $20,700 $56,900 $2,416
2014 $36,200 $20,700 $56,900 $2,416
2013 $36,200 $20,700 $56,900 $2,356
2012 $36,200 $20,700 $56,900 $2,334
2011 $36,200 $20,700 $56,900 $2,264
2010 $36,200 $20,700 $56,900 $2,234
2009 $36,200 $20,700 $56,900 $2,216
2008 $36,200 $20,700 $56,900 $2,122
2007 $36,200 $20,700 $56,900 $2,117

Property facts

Year built
1940
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,292 sqft
Lot size
7,841 sqft
ZIP code
19539
City
Mertztown
Street
Locust St
Coordinates
40.49815, -75.69395

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 481 Locust St last sell?
481 Locust St most recently sold on Jun 15, 2022 for $150,000.
What is the current tax assessment for 481 Locust St?
The most recent total assessment for 481 Locust St (year 2026) is $56,900 with $2,672 in property tax.
How does 481 Locust St's assessment compare to its last sale price?
The current assessment is 62.1% below the last sale price of $150,000.
When was 481 Locust St built?
481 Locust St was built in 1940.
How does 481 Locust St compare to others on Locust St?
We track 4 other properties on Locust St. Browse the list under "Other properties on Locust St" to compare beds, baths, and sale history.
What are the property facts for 481 Locust St?
481 Locust St is a 2 bed, 2 bath, 1,292 sqft, 7,841 sqft lot single_family.
Is 481 Locust St a flip candidate?
No — 481 Locust St does not appear in our flips dataset.
Is 481 Locust St a tax-appeal candidate?
No — 481 Locust St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.8%
Implied 1-yr
+11.3%
2025 Q3
$300.3K
2025 Q4
$307.5K
ZIP 19539 — Median Price History + Forecast

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