NOT LISTED FOR SALE

1020 Mechanic St Bethlehem, PA 18015

Downtown Bethlehem Neighborhood

Estimated Value: $165,000 - $175,000

3 Beds
1 Bath
1,064 Sq Ft
$159/Sq Ft Est. Value

Last Sold November 11, 2014

Last sale price $43,000 $40 Per Sq Ft

Est. 292% increase in value since last sale

Current estimated payment $900/month

292 Days on Market

About This Home

As of November 2014

Great cash flow positive rental unit. Over 12% return on investment. Newer hot water heater and furnace. Minutes from Sands Casino and Steel Stacks. Easy to show call today

Last Agent to Sell the Property

Steve Hollander

House & Land Real Estate Listed on: 10/16/2013

Last Buyer's Agent

Samantha Dellatore

JTR Real Estate

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot

Home Design

  • 1,064 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Insurance Expense $408
  • Trash Expense $264
  • Gross Income $8,340
  • Net Operating Income $6,175

Listing and Financial Details

  • Assessor Parcel Number P6SE2A 18 4 0204

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: Row-End Unit
  • Technology: Cable
  • County Assessment: 20000.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Square Footage: 1064

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: Window AC
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 408
  • Trash Removal: 264

Lot Info

  • Acres: 0.040
  • Lot Sq Ft: 1742
  • Zoning Code: Residential

Tax Info

  • Assessor Parcel Number: P6SE2A 18 4 0204
  • County Taxes: 216.00
  • Municipal Taxes: 382.80
  • Total Taxes: 1767.80

Multi Family

  • School Taxes: 1169.00
  • Total Units: 1

MLS Schools

  • School District: Bethlehem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2013
Closed on
Aug 29, 2014
Sold by
Lam Kun
Bought by
Gk Investment Properties 2 Llc
Seller's Agent
Steve Hollander
House & Land Real Estate
Buyer's Agent
Samantha Dellatore
JTR Real Estate
List Price
$49,900
Sold Price
$43,000
Premium/Discount to List
-$6,900
-13.83%
Current Estimated Value
$168,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,667
Avg. Annual Appreciation
12.76%
Original Mortgage
$101,200
Outstanding Balance
$77,418
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$91,249

Purchase Details

Closed on
Jan 7, 2012
Sold by
Baunach Hugh
Bought by
Lam Kun
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Gk Investment Properties 2 Llc $43,000 None Available
Lam Kun $35,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gk Investment Properties 2 Llc $101,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/11/2014 11/11/14 Sold $43,000 0.0% $40 / Sq Ft
08/29/2014 08/29/14 Sold $43,000 -13.8% $40 / Sq Ft View Prior Sale
08/04/2014 08/04/14 Pending -- -- --
08/04/2014 08/04/14 Pending -- -- --
10/16/2013 10/16/13 For Sale $49,900 0.0% $47 / Sq Ft
09/14/2013 09/14/13 For Sale $49,900 -- $47 / 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 $216 $20,000 $5,100 $14,900
2024 $1,768 $20,000 $5,100 $14,900
2023 $1,768 $20,000 $5,100 $14,900
2022 $1,754 $20,000 $5,100 $14,900
2021 $1,742 $20,000 $5,100 $14,900
2020 $1,726 $20,000 $5,100 $14,900
2019 $1,720 $20,000 $5,100 $14,900
2018 $1,678 $20,000 $5,100 $14,900
2017 $1,658 $20,000 $5,100 $14,900
2016 -- $20,000 $5,100 $14,900
2015 -- $20,000 $5,100 $14,900
2014 -- $20,000 $5,100 $14,900
Source: Public Records

Agents Affiliated with this Home

  • Steve Hollander

    Seller's Agent in 2014

    Steve Hollander

    House & Land Real Estate

    (610) 428-3770

    67 Total Sales

    Steve Hollander
    Section Image

  • S

    Buyer's Agent in 2014

    Samantha Dellatore

    JTR Real Estate

See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 460540

Greater Lehigh Valley REALTORS®

APN: P6SE2A-18-4-0204

Pennsylvania Northampton County Bethlehem 18015 Downtown Bethlehem

1020 Mechanic St, Bethlehem, PA

Not Listed for Sale

Townhouses

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