NOT LISTED FOR SALE
-- Beds
8 Baths
8,352 Sq Ft
3,920 Sq Ft Lot

Sale Details

Date Sold: February 16, 2022

Last sale price $932,000 $112 Per Sq Ft

11 Days on Market

About This Home

As of February 2022

HIGHEST AND BEST BY FRIDAY DEC 17TH. Prime investment opportunity in the heart of Bethlehem! Fully occupied 8 unit, with six units recently renovated. Tenants pay electric (heat) and landlord pays water/sewer and trash. Check out the $100,740 gross income, that can easily be increased to $105,540 with minimal effort. Easy access to Bethlehem entertainment, shopping, dining, local transportation and Lehigh University.

Last Agent to Sell the Property

Jonathan Campbell

Real of Pennsylvania License #RS297414 Listed on: 12/09/2021

Real of Pennsylvania

Co-Listed By

John Pohl

Real of Pennsylvania

Last Buyer's Agent

Melissa Flowers

Compass Pennsylvania LLC

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Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,768

Year Built

  • Built in 1920

Lot Details

  • 3,920

Parking

  • Off-Site Parking

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Stucco Exterior Insulation and Finish Systems

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number P6SE2B 9 1 0204

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $408
  • Trash Expense $1,302
  • Water Sewer Expense $3,534
  • Gross Income $100,740

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,768

Year Built

Built in 1920

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 76300.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1920
  • Year Built Exception: Unknown
  • Special Features: None

Exterior Features

  • Construction: Brick, Dryvit, Frame, Stucco

Garage/Parking

  • Parking: Off Site

Utilities

  • Cooling: No Air
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Electric: 408
  • Trash Removal: 1302
  • Water Sewer: 3534

Lot Info

  • Zoning Code: Rm-RESIDENTIAL

Tax Info

  • Assessor Parcel Number: P6SE2B 9 1 0204
  • County Taxes: 900.34
  • Municipal Taxes: 1460.38
  • Total Taxes: 6767.81

Multi Family

  • School Taxes: 4407.09
  • Total Units: 8
  • Total Unit Count: 8

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2021
Closed on
Feb 11, 2022
Sold by
Monocacy General Contracting L
Bought by
Seller's Agent
Jonathan Campbell
Real of Pennsylvania
Buyer's Agent
Melissa Flowers
Compass Pennsylvania LLC
List Price
$899,000
Sold Price
$932,000
Premium/Discount to List
$33,000
3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$741,150
Outstanding Balance
$676,258
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2021
Sold by
1102 East Fourth Street Llc
Bought by
Monocacy General Contracting Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,130
Interest Rate
2.71%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 15, 2010
Sold by
Sherman Toppin Real Estate and Sona Andrew
Bought by
1102 East Fourth Street Llc

Purchase Details

Closed on
Jul 5, 2006
Sold by
Schmieder Frank
Bought by
Sona Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 23, 2004
Sold by
Wolk Donald
Bought by
Schmieder Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.77%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$932,000 None Listed On Document
Monocacy General Contracting Llc $665,000 None Available
1102 East Fourth Street Llc $203,000 None Available
Sona Andrew $500,000 --
Schmieder Frank $180,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open -- $741,150
Previous Owner Monocacy General Contracting Llc $608,130
Previous Owner Monocacy General Contracting Llc $98,000
Closed 1102 East Fourth Street Llc $375,000
Closed 1102 East Fourth Street Llc $275,000
Closed 1102 East Fourth Street Llc $100,000
Previous Owner Sona Andrew $400,000
Previous Owner Schmider Christine $350,000
Previous Owner Schmieder Frank $155,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/16/2022 02/16/22 Sold $932,000 +3.7% $112 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
12/09/2021 12/09/21 For Sale $899,000 -- $108 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $824 $76,300 $15,200 $61,100
2025 $824 $76,300 $15,200 $61,100
2024 $6,744 $76,300 $15,200 $61,100
2023 $6,744 $76,300 $15,200 $61,100
2022 $6,692 $76,300 $15,200 $61,100
2021 $6,646 $76,300 $15,200 $61,100
2020 $6,583 $76,300 $15,200 $61,100
2019 $6,561 $76,300 $15,200 $61,100
2018 $6,402 $76,300 $15,200 $61,100
2017 $6,325 $76,300 $15,200 $61,100
2016 -- $76,300 $15,200 $61,100
2015 -- $76,300 $15,200 $61,100
2014 -- $76,300 $15,200 $61,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 684228

Greater Lehigh Valley REALTORS®
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