1423 E 6th St Bethlehem, PA 18015
South Bethlehem NeighborhoodEstimated Value: $229,000 - $293,332
3
Beds
2
Baths
1,966
Sq Ft
$135/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Baseboard Heating
- 4-minute walk to Bethlehem Skateplaza
About This Home
As of June 2022Come see this Fully Occupied 2-unit with an 9% Cap Rate. Tenants are month to month The 1st floor features a living room with hardwood floor, bedroom with closet, kitchen and updated bathroom. The 2nd floor features an eat in kitchen large enough for your kitchen table, there is a living room and bedroom with 2 closets on the 2nd floor. The 2nd bedroom is located on the 3rd floor. The layout is ideal for an owner-occupied investor, or an absentee investor. Tenants pay heat and electric. Located near Wind Creek Casino and Lehigh University. If you enjoy the shops and restaurants of Bethlehem this property is for you. Easy access to 33, 22 and 78 makes this ideal for all investors. Add this one to your portfolio.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,438
Year Built
- Built in 1916
Lot Details
- 2,000 Sq Ft Lot
Home Design
- Brick Exterior Construction
- Vinyl Construction Material
Interior Spaces
- 1,966 Sq Ft Home
- 2-Story Property
- Wood Flooring
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- No Cooling
- Baseboard Heating
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number P7SW1A 11 36 0204
Community Details
Overview
- 2 Units
Building Details
- Electric Expense $130
- Insurance Expense $1,000
- Trash Expense $372
- Water Sewer Expense $400
- Operating Expense $4,210
- Gross Income $27,600
- Net Operating Income $23,390
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 26, 2022
Closed on
Jun 10, 2022
Sold by
Torres Nelson N
Bought by
Vadakkedam Tom
Seller's Agent
Rennard Clayton
Coldwell Banker Hearthside
Buyer's Agent
Rennard Clayton
Coldwell Banker Hearthside
List Price
$249,900
Sold Price
$260,000
Premium/Discount to List
$10,100
4.04%
Total Days on Market
6
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
$4,583
Avg. Annual Appreciation
0.58%
Original Mortgage
$255,290
Outstanding Balance
$244,617
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$19,966
Purchase Details
Listed on
Mar 23, 2018
Closed on
Jun 15, 2018
Sold by
Kent Melodie J L and Blackwood Melodie Kent
Bought by
Torres Nelson N
Seller's Agent
Rennard Clayton
Coldwell Banker Hearthside
Buyer's Agent
Irving Noble
Century 21 Ramos Realty
List Price
$119,000
Sold Price
$119,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.70%
Original Mortgage
$116,844
Interest Rate
5.5%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 17, 2006
Sold by
Alicea Flor
Bought by
Kent Melodie J L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 1, 1996
Bought by
Alicea Flor
Similar Homes in Bethlehem, PA
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vadakkedam Tom | $260,000 | None Listed On Document | |
| Torres Nelson N | $119,000 | Pride Abstract And Settlemen | |
| Kent Melodie J L | $117,000 | -- | |
| Alicea Flor | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vadakkedam Tom | $255,290 | |
| Previous Owner | Torres Nelson N | $162,800 | |
| Previous Owner | Torres Nelson N | $116,844 | |
| Previous Owner | Kent Melodie J L | $111,050 | |
| Previous Owner | Kent Melodie J L | $112,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2022 06/10/22 | Sold | $260,000 | +4.0% | $132 / Sq Ft |
| 05/02/2022 05/02/22 | Pending | -- | -- | -- |
| 04/26/2022 04/26/22 | For Sale | $249,900 | +110.0% | $127 / Sq Ft |
| 06/18/2018 06/18/18 | Sold | $119,000 | 0.0% | $61 / Sq Ft |
| 05/12/2018 05/12/18 | Pending | -- | -- | -- |
| 03/23/2018 03/23/18 | For Sale | $119,000 | -- | $61 / Sq Ft |
Source: Greater Lehigh Valley 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 | $300 | $27,800 | $5,600 | $22,200 |
| 2024 | $2,457 | $27,800 | $5,600 | $22,200 |
| 2023 | $2,457 | $27,800 | $5,600 | $22,200 |
| 2022 | $2,438 | $27,800 | $5,600 | $22,200 |
| 2021 | $2,422 | $27,800 | $5,600 | $22,200 |
| 2020 | $2,399 | $27,800 | $5,600 | $22,200 |
| 2019 | $2,391 | $27,800 | $5,600 | $22,200 |
| 2018 | $2,332 | $27,800 | $5,600 | $22,200 |
| 2017 | $2,305 | $27,800 | $5,600 | $22,200 |
| 2016 | -- | $27,800 | $5,600 | $22,200 |
| 2015 | -- | $27,800 | $5,600 | $22,200 |
| 2014 | -- | $27,800 | $5,600 | $22,200 |
Source: Public Records
Agents Affiliated with this Home
-
Rennard Clayton
Seller's Agent in 2022
Rennard Clayton
Coldwell Banker Hearthside
(610) 737-8416
1 in this area
156 Total Sales
-
Eric Rothenberger
Seller Co-Listing Agent in 2022
Eric Rothenberger
Better Homes&Gardens RE Valley
(610) 730-3200
1 in this area
424 Total Sales
-
Irving Noble
I
Buyer's Agent in 2018
Irving Noble
Century 21 Ramos Realty
7 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 691867
APN: P7SW1A-11-36-0204
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