NOT LISTED FOR SALE

1020 Mechanic St Bethlehem, PA 18015

Downtown Bethlehem Neighborhood

Estimated Value: $152,000 - $167,000

3 Beds
1 Bath
1,064 Sq Ft
$151/Sq Ft Est. Value

Last Sold November 11, 2014

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

Est. 273% increase in value since last sale

Current estimated payment $915/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 Listed By

Steve Hollander

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

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

Schools

  • School District: Bethlehem

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%
Total Days on Market
292
Current Estimated Value
$160,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,333
Avg. Annual Appreciation
13.02%
Original Mortgage
$101,200
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2012
Sold by
Baunach Hugh
Bought by
Lam Kun

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
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 $500,400
Closed Gk Investment Properties 2 Llc $101,200
Previous Owner Baunach Hugh $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

    79 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

Homes for Sale in Bethlehem, PA

This home is located at 1020 Mechanic St, Bethlehem, PA 18015 since 16 October 2013 and is currently estimated at $160,333, approximately $150 per square foot. This property was built in 1900. 1020 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.
Information is deemed reliable but not guaranteed.

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