1037 Mechanic St Bethlehem, PA 18015
Downtown Bethlehem Neighborhood
--
Bed
--
Bath
1,773
Sq Ft
1,600
Sq Ft Lot
About This Home
As of November 2024Southside - 2 unit ~ fully occupied ~ Gross Rent - $ 22 ,764 ~ price per unit - 103,950 K ~ future escalation in rental income should be a good potential for a greater return ~
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,827
Year Built
- Built in 1900
Lot Details
- 1,600 Sq Ft Lot
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,773 Sq Ft Home
- 2-Story Property
Utilities
- No Cooling
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number P6SE2B 1 6 0204
Community Details
Overview
- 2 Units
Building Details
- Electric Expense $892
- Insurance Expense $1,000
- Trash Expense $816
- Water Sewer Expense $1,167
- Operating Expense $4,701
- Gross Income $22,764
- Net Operating Income $18,063
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 9, 2024
Closed on
Nov 19, 2024
Sold by
Zfp008 Llc
Bought by
Jb Systems Property Group Llc
Seller's Agent
Christopher Hanna
RE/MAX Real Estate
Buyer's Agent
Frank Rinaldi
CENTURY 21 Pinnacle
List Price
$207,900
Sold Price
$196,777
Premium/Discount to List
-$11,123
-5.35%
Total Days on Market
13
Views
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349
Avg. Annual Appreciation
0.36%
Original Mortgage
$147,583
Outstanding Balance
$147,039
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$50,087
Purchase Details
Listed on
May 19, 2015
Closed on
Mar 31, 2017
Sold by
Okenquist Robert
Bought by
Zfp008 Llc
Seller's Agent
Anthony Ramos
Century 21 Ramos Realty
Buyer's Agent
Jennifer de Jesus
Steel City Realty
List Price
$98,900
Sold Price
$85,000
Premium/Discount to List
-$13,900
-14.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.57%
Original Mortgage
$63,750
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $196,777 | 1St Patriot Abstract Of Lehigh | |
| Deed | $196,777 | 1St Patriot Abstract Of Lehigh | |
| Deed | $85,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $147,583 | New Conventional | |
| Closed | $147,583 | New Conventional | |
| Previous Owner | $70,000 | New Conventional | |
| Previous Owner | $63,750 | Purchase Money Mortgage | |
| Previous Owner | $99,000 | New Conventional | |
| Previous Owner | $5,171 | Unknown | |
| Previous Owner | $28,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/27/2024 11/27/24 | Sold | $196,777 | -5.4% | $111 / Sq Ft |
| 10/22/2024 10/22/24 | Pending | -- | -- | -- |
| 10/09/2024 10/09/24 | For Sale | $207,900 | +144.6% | $117 / Sq Ft |
| 03/31/2017 03/31/17 | Sold | $85,000 | -14.1% | $48 / Sq Ft |
| 11/30/2016 11/30/16 | Pending | -- | -- | -- |
| 05/19/2015 05/19/15 | For Sale | $98,900 | -- | $56 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
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 | $218 | $20,200 | $5,000 | $15,200 |
| 2024 | $1,785 | $20,200 | $5,000 | $15,200 |
| 2023 | $1,785 | $20,200 | $5,000 | $15,200 |
| 2022 | $1,772 | $20,200 | $5,000 | $15,200 |
| 2021 | $1,760 | $20,200 | $5,000 | $15,200 |
| 2020 | $1,743 | $20,200 | $5,000 | $15,200 |
| 2019 | $1,737 | $20,200 | $5,000 | $15,200 |
| 2018 | $1,695 | $20,200 | $5,000 | $15,200 |
| 2017 | $1,675 | $20,200 | $5,000 | $15,200 |
| 2016 | -- | $20,200 | $5,000 | $15,200 |
| 2015 | -- | $20,200 | $5,000 | $15,200 |
| 2014 | -- | $20,200 | $5,000 | $15,200 |
Source: Public Records
Source: Greater Lehigh Valley REALTORS®
MLS Number: 746275
APN: P6SE2B 1 6 0204
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