M
Seller's Agent in 2025
Michael Patrick
Redstone Run Realty, LLC - Stroudsburg
139 S Main St Nazareth, PA 18064
--
Bed
--
Bath
7,272
Sq Ft
5,663
Sq Ft Lot
Highlights
- Balcony
- Brick or Stone Mason
- Ceiling Fan
- Floyd R. Shafer Elementary School Rated A-
- Cooling Available
- 4-minute walk to Paul Kokolus Sr. Park
About This Home
As of January 2025INVESTMENT OPPORTUNITY IN DOWNTOWN NAZARETH! Nestled on bustling Main Street, this stunning 6-unit historic building exhibits charm with its quality brickwork, intricate Italianate details, and a striking segmented pediment atop a large cornice. The ground floor features 2 prime commercial spaces, one of which is already leased, while the upper floors house 4 modestly updated and fully occupied residential units. With current gross rents at approximately $75k and the potential to reach $90k upon leasing the second commercial space, this property is a gem for long term portfolio investors. Don't miss the chance to own a piece of Nazareth's history while enjoying a gilt-edge portfolio addition!
Last Agent to Sell the Property
Michael Patrick
Redstone Run Realty, LLC - Stroudsburg License #RS354087 Listed on: 08/01/2024
Last Buyer's Agent
Michael Patrick
Coldwell Banker Hearthside - Bethlehem License #RS354087
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,722
Year Built
- Built in 1900
Parking
- Off-Site Parking
Home Design
- Brick or Stone Mason
Interior Spaces
- 7,272 Sq Ft Home
- 3-Story Property
- Ceiling Fan
Utilities
- Cooling Available
- Heating Available
- Gas Water Heater
Additional Features
- Balcony
- 5,663 Sq Ft Lot
Community Details
- 6 Units
Listing and Financial Details
- Assessor Parcel Number J7SE3A-9-11-0421
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2024
Closed on
Jan 30, 2025
Sold by
Bsre Holdings Llc
Bought by
Roseanna Llc
Seller's Agent
Michael Patrick
Redstone Run Realty, LLC - Stroudsburg
Buyer's Agent
Michael Patrick
Coldwell Banker Hearthside Pocono
List Price
$899,900
Sold Price
$820,000
Premium/Discount to List
-$79,900
-8.88%
Views
1156
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
$47,112
Avg. Annual Appreciation
8.56%
Original Mortgage
$510,000
Outstanding Balance
$506,856
Interest Rate
6.72%
Mortgage Type
Credit Line Revolving
Estimated Equity
$360,256
Purchase Details
Closed on
Aug 24, 2023
Sold by
County Of Northampton Pennsylvania
Bought by
Bsre Holdings Llc and Arrubla
Purchase Details
Closed on
Apr 1, 1996
Bought by
Werkheiser Frederick A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $820,000 | First United Land Transfer | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $50,120 | None Listed On Document | |
| Deed | $187,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $510,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/30/2025 01/30/25 | Sold | $820,000 | -8.9% | $113 / Sq Ft |
| 10/02/2024 10/02/24 | Pending | -- | -- | -- |
| 07/26/2024 07/26/24 | For Sale | $899,900 | -- | $124 / Sq Ft |
Source: Pocono Mountains Association of REALTORS®
Tax History Compared to Growth
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 | $851 | $78,800 | $25,500 | $53,300 |
| 2024 | $6,722 | $78,800 | $25,500 | $53,300 |
| 2023 | $6,287 | $75,200 | $25,500 | $49,700 |
| 2022 | $6,287 | $75,200 | $25,500 | $49,700 |
| 2021 | $6,282 | $75,200 | $25,500 | $49,700 |
| 2020 | $6,282 | $75,200 | $25,500 | $49,700 |
| 2019 | $6,188 | $75,200 | $25,500 | $49,700 |
| 2018 | $6,059 | $75,200 | $25,500 | $49,700 |
| 2017 | $5,966 | $75,200 | $25,500 | $49,700 |
| 2016 | -- | $75,200 | $25,500 | $49,700 |
| 2015 | -- | $75,200 | $25,500 | $49,700 |
| 2014 | -- | $75,200 | $25,500 | $49,700 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Pocono Mountains Association of REALTORS®
MLS Number: PM-117496
APN: J7SE3A-9-11-0421
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.
The data relating to real estate for sale on this web site includes listings held by MLS-IDX Participants of the Internet Data Exchange program of the Multiple Listing Service of the Pocono Mountains Association of Realtors®. Listings marked with the Internet Data Exchange logo are not necessarilty the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Associations and its MLS-IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed or implied.
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