NOT LISTED FOR SALE

12 E Garrison St Bethlehem, PA 18018

Downtown Bethlehem Neighborhood

Estimated Value: $193,899 - $337,000

Studio
2 Baths
1,480 Sq Ft
$189/Sq Ft Est. Value

Last Sold December 20, 2016

Last sale price $105,000 $71 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $1,495/month

15 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • No HOA
  • Wood Siding

About This Home

As of December 2016

Wonderful investment opportunity! Two unit Traditional home located in the heart of Bethlehem. First floor unit boasts spacious living room, eat-in kitchen, 2 bedrooms & full bath. There is also access to full unfinished basement. Second floor unit has living room, eat-in kitchen, 2 bedrooms & full bath. Access to third floor can be used as additional bedroom/storage space. Cozy back yard perfect for cook outs! Currently tenant occupied. 1st floor is Hud tenants government pays part of rent and they are on a year lease. 2nd floor is month to month. Both rent for $700! Minutes from downtown historic Bethlehem & access to major routes. Don't miss out on this fantastic opportunity. Call for showing today!

Last Agent to Sell the Property

Don Wenner

(800) 350-8061 leads@dlprealty.com Real of Pennsylvania License #RS300485 Listed on: 09/23/2016

Real of Pennsylvania

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,462

Year Built

  • Built in 1900

Lot Details

  • 2,176 Sq Ft Lot

Parking

  • 2 Open Parking Spaces

Home Design

  • Pitched Roof
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,480 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number P6NE1A-26-1-0204

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $1,033
  • Operating Expense $3,949

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,462

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1480
  • Living Area Sq Ft: 1480
  • Price Per Sq Ft: 77.70
  • Above Grade Finished Sq Ft: 1480
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2

Utilities

  • Annual Heating Expense: 129.00
  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 325.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 18800.00
  • Land Assessed Value: 10900.00
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2176.00
  • Zoning: CB

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 17929.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 4406954
  • Tax Annual Amount: 2462.00
  • Assessor Parcel Number: P6NE1A-26-1-0204
  • Tax Lot: 1
  • Tax Year: 2016

MLS Schools

  • School District Name: BETHLEHEM AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2016
Closed on
Dec 20, 2016
Sold by
Pinter Nancy Elizabeth
Bought by
Lee Michael and Gorozdi Robert
Seller's Agent
Don Wenner
Real of Pennsylvania
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$115,000
Sold Price
$105,000
Premium/Discount to List
-$10,000
-8.7%
Current Estimated Value
$279,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,300
Avg. Annual Appreciation
11.42%
Original Mortgage
$78,750
Outstanding Balance
$63,687
Interest Rate
3.57%
Mortgage Type
Commercial
Estimated Equity
$215,613

Purchase Details

Closed on
Jul 15, 2013
Sold by
Pinter Nancy E
Bought by
Pinter Nancy Elizabeth

Purchase Details

Closed on
Aug 1, 1992
Bought by
Pinter Nancy E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lee Michael $105,000 None Available
Pinter Nancy Elizabeth -- None Available
Pinter Nancy E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Michael $78,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2016 12/20/16 Sold $105,000 -8.7% $71 / Sq Ft
10/08/2016 10/08/16 Pending -- -- --
09/23/2016 09/23/16 For Sale $115,000 -- $78 / Sq Ft
Source: Bright MLS

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 $406 $37,600 $10,900 $26,700
2024 $2,625 $29,700 $10,900 $18,800
2023 $2,625 $29,700 $10,900 $18,800
2022 $2,605 $29,700 $10,900 $18,800
2021 $2,587 $29,700 $10,900 $18,800
2020 $2,563 $29,700 $10,900 $18,800
2019 $2,554 $29,700 $10,900 $18,800
2018 $2,492 $29,700 $10,900 $18,800
2017 $2,462 $29,700 $10,900 $18,800
2016 -- $29,700 $10,900 $18,800
2015 -- $29,700 $10,900 $18,800
2014 -- $29,700 $10,900 $18,800
Source: Public Records

Agents Affiliated with this Home

  • Don Wenner

    Seller's Agent in 2016

    Don Wenner

    Real of Pennsylvania

    (800) 350-8061

    20 in this area

    899 Total Sales

    Don Wenner
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003647221

Bright MLS

APN: P6NE1A-26-1-0204

Pennsylvania Northampton County Bethlehem 18018 Downtown Bethlehem

12 E Garrison St, Bethlehem, PA

Not Listed for Sale

MultiFamily

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