NOT LISTED FOR SALE

150 Spring St Nazareth, PA 18064

Estimated Value: $245,767

2 Beds
1.5 Baths
3,854 Sq Ft
$64/Sq Ft Est. Value

Sale Details

Date Sold: October 31, 2014

Last sale price $125,000 $32 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,360 / mo

124 Days on Market

About This Home

As of October 2014

Well maintained mixed use property. Commercial on main level with a 2 bedroom apartment on 2nd level with private entrance. Commercial unit was last used as a deli and some equipment still remains including walk-in cooler, hood system, counters and more. This almost 1000 sq.ft. space also has potential for many other uses from beauty parlor, convenience store, retail to office.

Last Agent to Sell the Property

Iggy Markow

RE/MAX Real Estate License #RS143288A Listed on: 05/09/2014

RE/MAX Real Estate

Last Buyer's Agent

Christopher Topping

RE/MAX Real Estate

RE/MAX Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 3,777 Sq Ft Lot

Home Design

  • Mixed Use
  • Vinyl Construction Material

Interior Spaces

  • 3,854 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 3 Parking Spaces
  • Paved Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number J7SE4B-8-17

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $900
  • Trash Expense $640
  • Water Sewer Expense $1,100
  • Operating Expense $8,500
  • Gross Income $18,180
  • Net Operating Income $9,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

3,777 Sq Ft Lot

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Mixed Use
  • County Assessment: 53600.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1925
  • Year Built Exception: Unknown
  • Supplement Modification Ti: 2014-06-03
  • Special Features: None

Interior Features

  • Bathrooms: Semi Modern
  • Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 2
  • Square Footage: 3854

Exterior Features

  • Construction: Vinyl

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 3

Utilities

  • Cooling: Wall AC, Window AC
  • Heat Type: Hot Water, Oil
  • Sewer: Public
  • Water: Public
  • Heat: 2000
  • Insurance: 900
  • Trash Removal: 640
  • Water Sewer: 1100

Fee Information

  • Operating Expense: 8500

Lot Info

  • Acres: 0.087
  • Lot Sq Ft: 3777
  • Zoning Code: R-7 Medium Density

Tax Info

  • Assessor Parcel Number: J7SE4B-8-17
  • County Taxes: 578.88
  • Municipal Taxes: 857.60
  • Total Taxes: 4480.96

Multi Family

  • School Taxes: 3044.48
  • Total Units: 2
  • Total Unit Count: 2

MLS Schools

  • School District: Nazareth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2014
Closed on
Oct 31, 2014
Sold by
Bocich Michael B and Bocich Eileen
Bought by
Rodriguez Rafael and Narvaez Nixa T
Seller's Agent
Iggy Markow
RE/MAX Real Estate
Buyer's Agent
Christopher Topping
RE/MAX Real Estate
List Price
$145,900
Sold Price
$125,000
Premium/Discount to List
-$20,900
-14.32%
Current Estimated Value
$245,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,767
Avg. Annual Appreciation
6.04%
Original Mortgage
$100,000
Outstanding Balance
$75,868
Interest Rate
4.21%
Mortgage Type
Commercial
Estimated Equity
$169,899
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
Rodriguez Rafael $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Rafael $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2014 10/31/14 Sold $125,000 -14.3% $32 / Sq Ft
09/10/2014 09/10/14 Pending -- -- --
05/09/2014 05/09/14 For Sale $145,900 -- $38 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

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
2026 $579 $53,600 $14,600 $39,000
2025 $579 $53,600 $14,600 $39,000
2024 $4,573 $53,600 $14,600 $39,000
2023 $4,481 $53,600 $14,600 $39,000
2022 $4,481 $53,600 $14,600 $39,000
2021 $4,478 $53,600 $14,600 $39,000
2020 $4,478 $53,600 $14,600 $39,000
2019 $7,725 $53,600 $14,600 $39,000
2018 $4,318 $53,600 $14,600 $39,000
2017 $4,252 $53,600 $14,600 $39,000
2016 -- $53,600 $14,600 $39,000
2015 -- $53,600 $14,600 $39,000
2014 -- $53,600 $14,600 $39,000
Source: Public Records

Agents Affiliated with this Home

  • Iggy Markow

    Seller's Agent in 2014

    Iggy Markow

    RE/MAX

    (610) 390-3122

    38 Total Sales

    Iggy Markow
    Section Image
  • Christopher Topping

    Buyer's Agent in 2014

    Christopher Topping

    RE/MAX

    (610) 703-6927

    2 in this area

    69 Total Sales

    Christopher Topping
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 471887

Greater Lehigh Valley REALTORS®

APN: J7SE4B-8-17-0421

Pennsylvania Northampton County Nazareth 18064

150 Spring St, Nazareth, 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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