NOT LISTED FOR SALE

125 E 3rd St Bethlehem, PA 18015

Downtown Bethlehem Neighborhood

Estimated Value: $669,302

Studio
-- Bath
4,868 Sq Ft
$137/Sq Ft Est. Value

Sale Details

Date Sold: April 13, 2021

Last sale price $455,000 $93 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,712 / mo

28 Days on Market

About This Home

As of April 2021

"ATTENTION ALL INVESTORS OR BUSINESS OWNERS" A great opportunity to own this 4800+ s.f. Commercial Building in the heart of the fast growing Southside Business District. Was used as a 5 unit, 1 commercial, 4 residential units. Walking distance to Lehigh University, Wind Creek Casino, and more. 1st Floor has 1780 sq.ft. of commercial space, full basement w/ new oil furnace, central air, ready for your finishing touches. 2nd floor- Apt 2a, 2 bedrooms, needs total rehab. Apt-2b 2 bedrooms, needs partial rehab. 3rd floor Apt. 3 bedrooms, needs partial rehab.
1st floor rear Apt. 1 bedroom, occupied. Each unit has it's own gas hot air furnace and separate utilities.
INCOME POTENTIAL $70k+ Annually.
Don't miss this opportunity.

Last Agent to Sell the Property

Dale Nauman

Home Team Real Estate License #AB068070 Listed on: 02/16/2021

Last Buyer's Agent

Chad Jarrah

BetterHomes&GardensRE/Cassidon

BetterHomes&GardensRE/Cassidon

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,828

Year Built

  • Built in 1900

Lot Details

  • 2,800 Sq Ft Lot
  • Lot Dimensions are 20 x 140
  • Property is zoned COMM

Home Design

  • Commercial or Retail Space
  • Brick Exterior Construction

Interior Spaces

  • 4,868 Sq Ft Home
  • 3-Story Property

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number P6SE1A 6 4A 0204

Community Details

Overview

  • 5 Units

Building Details

  • Insurance Expense $3,500
  • Maintenance Expense $1,000
  • Trash Expense $960
  • Water Sewer Expense $1,500
  • Operating Expense $12,000
  • Gross Income $70,000
  • Net Operating Income $58,000

Property Details

Property Type

Other

Est. Annual Taxes

$5,828

Year Built

Built in 1900

Lot Details

2,800 Sq Ft Lot

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial
  • County Assessment: 66900.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Square Footage: 4868

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: Central AC
  • Heat Type: Gas, Oil
  • Sewer: Public
  • Water: Public
  • Insurance: 3500
  • Trash Removal: 960
  • Water Sewer: 1500

Condo/Co-op/Association

  • Maintenance Repair: 1000

Fee Information

  • Operating Expense: 12000

Lot Info

  • Acres: 0.064
  • Lot Dimensions: 20 x 140
  • Lot Sq Ft: 2800
  • Zoning Code: COMM

Tax Info

  • Assessor Parcel Number: P6SE1A 6 4A 0204
  • County Taxes: 789.42
  • Municipal Taxes: 1280.47
  • Total Taxes: 5827.66

Multi Family

  • School Taxes: 3757.77
  • Total Units: 5
  • Total Unit Count: 5

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
Feb 16, 2021
Closed on
Apr 12, 2021
Sold by
Bought by
Seller's Agent
Dale Nauman
Home Team Real Estate
Buyer's Agent
Chad Jarrah
BetterHomes&GardensRE/Cassidon
List Price
$495,000
Sold Price
$455,000
Premium/Discount to List
-$40,000
-8.08%
Current Estimated Value
$669,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,302
Avg. Annual Appreciation
7.60%
Original Mortgage
$496,000
Interest Rate
0.029%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 8, 2021
Sold by
Bought by

Purchase Details

Closed on
Dec 1, 1995
Bought by
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

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
$455,000 Penn Title Company
$300,000 None Available
$175,000 --
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 $496,000
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
04/13/2021 04/13/21 Sold $455,000 -8.1% $93 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $495,000 0.0% $102 / Sq Ft
03/13/2021 03/13/21 Price Changed $495,000 -9.8% $102 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $549,000 -- $113 / 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 $775 $71,800 $31,200 $40,600
2025 $723 $66,900 $31,200 $35,700
2024 $5,913 $66,900 $31,200 $35,700
2023 $5,913 $66,900 $31,200 $35,700
2022 $5,867 $66,900 $31,200 $35,700
2021 $5,828 $66,900 $31,200 $35,700
2020 $5,772 $66,900 $31,200 $35,700
2019 $5,753 $66,900 $31,200 $35,700
2018 $5,613 $66,900 $31,200 $35,700
2017 $5,546 $66,900 $31,200 $35,700
2016 -- $66,900 $31,200 $35,700
2015 -- $66,900 $31,200 $35,700
2014 -- $66,900 $31,200 $35,700
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Dale Nauman

    Home Team Real Estate

    (610) 419-8888

    1 Total Sale

    Dale Nauman
    Section Image

  • C

    Buyer's Agent in 2021

    Chad Jarrah

    BetterHomes&GardensRE/Cassidon

    (610) 428-7336

    37 Total Sales

    Chad Jarrah
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 659672

Greater Lehigh Valley REALTORS®

APN: P6SE1A-6-4A-0204

Pennsylvania Northampton County Bethlehem 18015 Downtown Bethlehem

125 E 3rd St, Bethlehem, PA

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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