NOT LISTED FOR SALE

1419 Easton Ave Bethlehem, PA 18018

Downtown Bethlehem Neighborhood

Estimated Value: $771,866

3 Beds
2 Baths
2,262 Sq Ft
$341/Sq Ft Est. Value

Sale Details

Date Sold: March 18, 2022

Last sale price $575,000 $254 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,329 / mo

263 Days on Market

Highlights

  • 0.12 Acre Lot
  • Central Air
  • Heating Available
  • Commercial or Retail Space

About This Home

As of March 2022

Highly Successful Italian Restaurant for sale including Real Estate, Business and Equipment plus 2 apartments for additional income. A North Bethlehem Landmark and dining destination for nearly 50 years, Martellucci’s is located blocks from Liberty High School and Moravian College along the busy Easton Avenue Corridor. Inside seating for 45, with the potential to add 15 more with a dining room expansion, and a strong take-out business contribute to the thriving business with a large, loyal, long-term customer base. The restaurant includes a full commercial kitchen and top-of-the-line equipment, and a large parking lot. This is a fantastic opportunity to purchase a turnkey established business with income producing rentals. Clear CO to be provided on business and real estate, excellent net income, financials available with a buyer signed confidentiality agreement.

Last Agent to Sell the Property

Loren Keim

CENTURY 21 Keim Realtors Listed on: 12/03/2020

CENTURY 21 Keim Realtors

Co-Listed By

Timothy Mahon

CENTURY 21 Keim License #AB065583

Last Buyer's Agent

Dominic Cardine

One Valley Realty LLC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,981

Year Built

  • Built in 1940

Lot Details

  • 5,280 Sq Ft Lot
  • Property is zoned CG

Home Design

  • 2,262 Sq Ft Home
  • Commercial or Retail Space
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 10 Parking Spaces
  • Off-Site Parking

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heating Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number N6SE3A 6 10 0204

Property Details

Property Type

Other

Est. Annual Taxes

$4,981

Year Built

Built in 1940

Lot Details

5,280 Sq Ft Lot

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial
  • Technology: Smk Detector Battery
  • County Assessment: 56800.00
  • Street Number Modifier: 21
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Square Footage: 2262

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Off Site
  • Parking Spaces: 10

Utilities

  • Cooling: Central AC, Window AC
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public

Lot Info

  • Acres: 0.121
  • Lot Sq Ft: 5280
  • Zoning Code: CG

Tax Info

  • Assessor Parcel Number: N6SE3A 6 10 0204
  • County Taxes: 613.44
  • Municipal Taxes: 1087.15
  • Total Taxes: 4981.36

Multi Family

  • School Taxes: 3280.77
  • Total Units: 2
  • Total Unit Count: 2

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 3, 2020
Closed on
Mar 18, 2022
Sold by
Paul Biondo
Bought by
Seller's Agent
Loren Keim
CENTURY 21 Keim Realtors
Buyer's Agent
Dominic Cardine
One Valley Realty LLC
List Price
$644,900
Sold Price
$575,000
Premium/Discount to List
-$69,900
-10.84%
Current Estimated Value
$771,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,866
Avg. Annual Appreciation
6.82%
Original Mortgage
$322,500
Outstanding Balance
$297,357
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$474,509

Purchase Details

Closed on
Nov 4, 2020
Sold by
Biondo Paul and Biondo Maria
Bought by
Biondo Paul

Purchase Details

Closed on
Sep 1, 1997
Bought by
Biondo Paul and Biondo Maria
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Bethlehem, PA

  • Carlos Ribau Real Estate Agent - Weichert Realtors

    Carlos Ribau

    Weichert Realtors

    (484) 544-7008

    58 Total Sales

    10 in Downtown Bethlehem

    $1K - $250K Price Range

    Carlos Ribau
     Section Image
  • Patricia Spitzer Real Estate Agent - Weichert Realtors - Allentown

    Patricia Spitzer

    Weichert Realtors - Allentown

    (484) 742-3390

    184 Total Sales

    5 in Downtown Bethlehem

    $105K - $425K Price Range

    Patricia Spitzer
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  • Rebecca Miklas Real Estate Agent - Miklas Realty

    Rebecca Miklas

    Miklas Realty

    (484) 246-8396

    125 Total Sales

    1 in Downtown Bethlehem

    $160,000 Price

    Rebecca Miklas
     Section Image
  • Sureya Lococo Real Estate Agent - RE/MAX Real Estate

    Sureya Lococo

    RE/MAX Real Estate

    (484) 666-0504

    98 Total Sales

    4 in Downtown Bethlehem

    $215K - $385K Price Range

    Sureya Lococo
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  • Shabana Pathan Real Estate Agent - Keller Williams Real Estate - Bethlehem

    Shabana Pathan

    Keller Williams Real Estate - Bethlehem

    (484) 666-3084

    337 Total Sales

    7 in Downtown Bethlehem

    $85K - $360K Price Range

    Shabana Pathan
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  • Deborah Landregan Real Estate Agent - Iron Valley Real Estate Lower Gwynedd

    Deborah Landregan

    Iron Valley Real Estate Lower Gwynedd

    (484) 806-8831

    56 Total Sales

    1 in Downtown Bethlehem

    $360,000 Price

    Deborah Landregan
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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
$575,000 None Listed On Document
Biondo Paul -- None Available
Biondo Paul -- --
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 -- $322,500
Closed Biondo Paul $33,000
Closed Blondo Maria $50,000
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
03/18/2022 03/18/22 Sold $575,000 -10.8% $254 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
12/03/2020 12/03/20 For Sale $644,900 -- $285 / 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 $836 $77,400 $29,300 $48,100
2025 $836 $77,400 $29,300 $48,100
2024 $6,841 $77,400 $29,300 $48,100
2023 $6,841 $77,400 $29,300 $48,100
2022 $4,981 $56,800 $25,900 $30,900
2021 $4,948 $56,800 $25,900 $30,900
2020 $4,901 $56,800 $25,900 $30,900
2019 $4,884 $56,800 $25,900 $30,900
2018 $4,237 $50,500 $25,900 $24,600
2017 $4,186 $50,500 $25,900 $24,600
2016 -- $50,500 $25,900 $24,600
2015 -- $50,500 $25,900 $24,600
2014 -- $50,500 $25,900 $24,600
Source: Public Records

Agents Affiliated with this Home

  • Loren Keim Real Estate Agent - CENTURY 21 Keim Realtors

    Seller's Agent in 2022

    Loren Keim

    CENTURY 21 Keim Realtors

    (610) 969-7200

    11 in this area

    426 Total Sales

    Loren Keim
    Section Image
  • Timothy Mahon Real Estate Agent - CENTURY 21 Keim

    Seller Co-Listing Agent in 2022

    Timothy Mahon

    CENTURY 21 Keim

    (610) 969-7200

    5 in this area

    85 Total Sales

    Timothy Mahon
    Section Image

  • DC

    Buyer's Agent in 2022

    Dominic Cardine

    One Valley Realty LLC

    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 656088

Greater Lehigh Valley REALTORS®

APN: N6SE3A 6 10 0204

Pennsylvania Northampton County Bethlehem 18018 Downtown Bethlehem

1419 Easton Ave, 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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