NOT LISTED FOR SALE

1009 Mechanic St Bethlehem, PA 18015

Downtown Bethlehem Neighborhood

Estimated Value: $231,000 - $313,000

5 Beds
3 Baths
1,478 Sq Ft
$184/Sq Ft Est. Value

Last Sold January 26, 2016

Last sale price $30,000 $20 Per Sq Ft

Est. 807% increase in value since last sale

Current estimated payment $1,547/month

65 Days on Market

About This Home

As of January 2016

This converted half of double includes 3 units; a basement 1 Br efficiency; a 1st floor 2 BR and and 2nd and 3rd floor 3 Br. House being sold "as-is" and this property is now under absolute auction terms. Auction dates are November 9 - November 14. Any presale offers should be submitted to Hudson & Marshall by going on their website with details provided in the agent comments. The property needs TLC.

Last Listed By

Horace Farber

Long and Foster Real Estate Listed on: 10/14/2015

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1900

Lot Details

  • 2,396

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,478 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number P6SE2A157A

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $80
  • Gross Income $1,500
  • Net Operating Income $1,420

Townhouse Details

Home Type

Townhome

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Converted, Row/Townhouse
  • County Assessment: 28100.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: RealEstateOwned

Interior Features

  • Features: No Disclosure
  • Bathrooms: Semi Modern
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 5
  • Square Footage: 1478

Exterior Features

  • Construction: Brick, Vinyl

Utilities

  • Cooling: No Air
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public

Fee Information

  • Operating Expense: 80

Schools

  • School District: Bethlehem

Lot Info

  • Zoning Code: 2-4 family residential

Tax Info

  • Assessor Parcel Number: P6SE2A157A
  • County Taxes: 303.48
  • Municipal Taxes: 537.83
  • Total Taxes: 2483.76

Multi Family

  • School Taxes: 1642.45
  • Total Units: 3
  • Total Unit Count: 3

MLS Schools

  • School District: Bethlehem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2015
Closed on
Jan 26, 2016
Sold by
Jp Home Financing Llc
Bought by
Kali Holding Company Llc
Seller's Agent
Horace Farber
Long and Foster Real Estate
Buyer's Agent
General Public
Greater Lehigh Valley REALTORS
List Price
$75,000
Sold Price
$30,000
Premium/Discount to List
-$45,000
-60%
Total Days on Market
65
Current Estimated Value
$272,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,000
Avg. Annual Appreciation
26.62%
Original Mortgage
$50,000
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 14, 2015
Closed on
Jan 13, 2016
Sold by
Wells Fargo Bank Na
Bought by
Jp Home Financing Llc
Seller's Agent
Horace Farber
Long and Foster Real Estate
Buyer's Agent
General Public
Greater Lehigh Valley REALTORS
List Price
$75,000
Sold Price
$30,000
Premium/Discount to List
-$45,000
-60%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 18, 2015
Sold by
Giraldo Rodrigo De Jesus
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 27, 2011
Sold by
Salcedo Pedro J
Bought by
Giraldo Rodrigo De Jesus

Purchase Details

Closed on
Oct 1, 1997
Bought by
Salcedo Pedro

Range of Values:

Collateral Analytics

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ICE

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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
Kali Holding Company Llc $35,000 None Available
Jp Home Financing Llc $30,000 Boston National Title Agency
Wells Fargo Bank Na $1,456 None Available
Giraldo Rodrigo De Jesus -- None Available
Salcedo Pedro $14,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kali Holding Company Llc $90,000
Closed Kali Holding Company $100,000
Closed Kali Holding Company $50,000
Closed Kali Holding Company $50,000
Previous Owner Salcedo Pedro $70,000
Previous Owner Salcedo Pedro $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2016 01/26/16 Sold $30,000 -60.0% $20 / Sq Ft
12/18/2015 12/18/15 Pending -- -- --
10/14/2015 10/14/15 For Sale $75,000 -- $51 / 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 $303 $28,100 $6,200 $21,900
2024 $2,484 $28,100 $6,200 $21,900
2023 $2,484 $28,100 $6,200 $21,900
2022 $2,464 $28,100 $6,200 $21,900
2021 $2,448 $28,100 $6,200 $21,900
2020 $2,424 $28,100 $6,200 $21,900
2019 $2,416 $28,100 $6,200 $21,900
2018 $2,358 $28,100 $6,200 $21,900
2017 $2,329 $28,100 $6,200 $21,900
2016 -- $28,100 $6,200 $21,900
2015 -- $28,100 $6,200 $21,900
2014 -- $28,100 $6,200 $21,900
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2016

    Horace Farber

    Long and Foster Real Estate

  • G

    Buyer's Agent in 2016

    General Public

    Greater Lehigh Valley REALTORS

    3 Total Sales

    General Public
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 506663

Greater Lehigh Valley REALTORS®

APN: P6SE2A-15-7A-0204

Pennsylvania Northampton County Bethlehem 18015 Downtown Bethlehem

1009 Mechanic St, Bethlehem, PA

Homes for Sale in Bethlehem, PA

This home is located at 1009 Mechanic St, Bethlehem, PA 18015 since 14 October 2015 and is currently estimated at $272,000, approximately $184 per square foot. This property was built in 1900. 1009 Mechanic St is a home located in Northampton County with nearby schools including Donegan Elementary School, Broughal Middle School, and Freedom High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Lehigh Valley REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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