NOT LISTED FOR SALE

Estimated Value: $909,117

8 Beds
-- Bath
5,802 Sq Ft
$157/Sq Ft Est. Value

Last Sold June 27, 2018

Last sale price $485,000 $84 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,135/month

208 Days on Market

Highlights

  • 0.21 Acre Lot
  • Commercial or Retail Space
  • Ceiling Fan

About This Home

As of June 2018

POSSIBLE 8 ROOM BED AND BREAKFAST! Former Historic Bethlehem Restaurant. Walking distance to Lehigh University. Former restaurant had 100 person capacity with outdoor patio and grill. All restaurant fixtures and equipment has been removed. Historically the property was formally the Eugene Grace Mansion. Needs TLC. The property is zoned Commercial Business which allows many commercial and institutional uses.

Last Agent to Sell the Property

Charalambos Papageorgiou

Emerald Realty Group Listed on: 10/18/2017

Last Buyer's Agent

Lucy Lennon

Main St. Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,838

Year Built

  • Built in 1900

Lot Details

  • 9,272 Sq Ft Lot

Home Design

  • Commercial or Retail Space
  • Brick Exterior Construction

Interior Spaces

  • 8 Bedrooms
  • 5,802 Sq Ft Home
  • Ceiling Fan

Parking

  • 10 Parking Spaces
  • Paved Parking
  • Off-Site Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number P6SE1A2340204

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,838

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial
  • County Assessment: 111300.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Bedrooms: 8
  • Square Footage: 5802

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Off Site, Paved Lot
  • Parking Spaces: 10

Utilities

  • Cooling: Ceiling Fan, Wall AC
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public

Schools

  • School District: Bethlehem

Lot Info

  • Acres: 0.213
  • Lot Sq Ft: 9272
  • Zoning Code: Cb - commercial business

Tax Info

  • Assessor Parcel Number: P6SE1A2340204
  • County Taxes: 1202.04
  • Municipal Taxes: 2130.28
  • Total Taxes: 9837.81

Multi Family

  • School Taxes: 6505.49
  • Total Units: 8

MLS Schools

  • School District: Bethlehem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2019
Sold by
Lehigh Properties Llc
Bought by
114 W 4Th St Llc and W 4Th 114 Llc
Current Estimated Value
$909,117

Purchase Details

Listed on
Oct 18, 2017
Closed on
Jun 27, 2018
Sold by
Jun Wesley Y and Jun Sarah H
Bought by
Lehigh Propeties Llc and Loriot Properties Llc
Seller's Agent
Charalambos Papageorgiou
Emerald Realty Group
Buyer's Agent
Lucy Lennon
Main St. Real Estate Group
List Price
$550,000
Sold Price
$485,000
Premium/Discount to List
-$65,000
-11.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.38%
Source: Public Records

Range of Values:

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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
114 W 4Th St Llc -- Penn Jersey Abstract Inc
Lehigh Propeties Llc $485,000 Penn Jersey Abstract Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jun Wesley Y $105,500
Previous Owner Jun Wesley Y $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2018 06/27/18 Sold $485,000 -11.8% $84 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
10/18/2017 10/18/17 For Sale $550,000 -- $95 / 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 $1,202 $111,300 $57,100 $54,200
2024 $9,838 $111,300 $57,100 $54,200
2023 $9,838 $111,300 $57,100 $54,200
2022 $9,761 $111,300 $57,100 $54,200
2021 $9,695 $111,300 $57,100 $54,200
2020 $9,603 $111,300 $57,100 $54,200
2019 $9,571 $111,300 $57,100 $54,200
2018 $9,338 $111,300 $57,100 $54,200
2017 $9,227 $111,300 $57,100 $54,200
2016 -- $111,300 $57,100 $54,200
2015 -- $111,300 $57,100 $54,200
2014 -- $111,300 $57,100 $54,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 561092

Greater Lehigh Valley REALTORS®

APN: P6SE1A-23-4-0204