NOT LISTED FOR SALE

1521 Linden St Bethlehem, PA 18017

Downtown Bethlehem Neighborhood

Estimated Value: $561,000 - $803,000

8 Beds
4 Baths
3,468 Sq Ft
$194/Sq Ft Est. Value

Last Sold April 04, 2023

Last sale price $600,000 $173 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,567/month

9 Days on Market

Highlights

  • 0.22 Acre Lot
  • Forced Air Heating and Cooling System
  • 3 Car Garage

About This Home

As of April 2023

TURN-KEY INVESTMENT OPPORTUNITY - Well-located Duplex in North Bethlehem - Completely renovated from top to bottom, inside & out. TWO: 4-bedroom, 1.5 bath twins, PLUS a 35'x31' (1085 sq ft) detached garage w/ 3 overhead doors and a separate electric service all on the same 9480 sq ft parcel w/ LOW TAXES. Complete remodel of both units include brand new electrical services, complete rewire, new plumbing, brand new HVAC systems; gas heat w/ central a/c, new kitchens, baths, 1st floor laundry rooms, and so much more. All work was permitted & inspected, and ready to rent with market rents projected at approx $2,200+/month per unit, plus $1,000+/month for the large garage/workshop in the rear. Being offered @ a 9% cap rate with $55,000+/year NOI this immaculate property will not last. Schedule your showings today and add this one to your portfolio.

Last Agent to Sell the Property

Jesse Chupella

Home Team Real Estate Listed on: 02/20/2023

Last Buyer's Agent

Oscar Ghasab

Full CircleRealty&PropertyMgmt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,561

Year Built

  • Built in 1900

Lot Details

  • 9,480 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 3,468 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 3 Car Garage
  • Off-Site Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number N6SE1C 27 8 0204

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,500
  • Maintenance Expense $1,300
  • Operating Expense $9,250
  • Gross Income $64,800
  • Net Operating Income $55,550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,561

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Both Halves
  • Technology: Smoke Detector Wired
  • County Assessment: 51600.00
  • Stories: 2.0
  • Street Number Modifier: 1523
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Bedrooms: 8
  • Square Footage: 3468

Exterior Features

  • Construction: Aluminum

Garage/Parking

  • Parking: Garage, Off Site
  • Parking Spaces: 3

Utilities

  • Cooling: Central AC
  • Heat Type: Forced Air, Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 1500

Condo/Co-op/Association

  • Maintenance Repair: 1300

Fee Information

  • Operating Expense: 9250

Schools

  • School District: Bethlehem

Lot Info

  • Acres: 0.218
  • Lot Sq Ft: 9480
  • Zoning Code: RG

Tax Info

  • Assessor Parcel Number: N6SE1C 27 8 0204
  • County Taxes: 557.28
  • Municipal Taxes: 987.62
  • Total Taxes: 4560.92

Multi Family

  • School Taxes: 3016.02
  • Total Units: 3
  • Total Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2023
Closed on
Apr 4, 2023
Sold by
Baker Richard W
Bought by
Fraind Train Limited Liability Company
Seller's Agent
Jesse Chupella
Home Team Real Estate
Buyer's Agent
Oscar Ghasab
Full CircleRealty&PropertyMgmt
List Price
$624,900
Sold Price
$600,000
Premium/Discount to List
-$24,900
-3.98%
Current Estimated Value
$671,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,350
Avg. Annual Appreciation
4.47%
Original Mortgage
$300,000
Outstanding Balance
$291,509
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$379,841

Purchase Details

Closed on
Feb 25, 2022
Sold by
Roy Harry Carl
Bought by
Indigo Investments Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Fraind Train Limited Liability Company $600,000 --
Indigo Investments Llc $192,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fraind Train Limited Liability Company $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2023 04/04/23 Sold $600,000 -4.0% $173 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
02/20/2023 02/20/23 For Sale $624,900 -- $180 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $557 $51,600 $19,400 $32,200
2024 $4,561 $51,600 $19,400 $32,200
2023 $4,561 $51,600 $19,400 $32,200
2022 $4,525 $51,600 $19,400 $32,200
2021 $4,495 $51,600 $19,400 $32,200
2020 $4,452 $51,600 $19,400 $32,200
2019 $4,437 $51,600 $19,400 $32,200
2018 $4,329 $51,600 $19,400 $32,200
2017 $4,278 $51,600 $19,400 $32,200
2016 -- $51,600 $19,400 $32,200
2015 -- $51,600 $19,400 $32,200
2014 -- $51,600 $19,400 $32,200
Source: Public Records

Agents Affiliated with this Home

  • Jesse Chupella

    Seller's Agent in 2023

    Jesse Chupella

    Home Team Real Estate

    (484) 550-2530

    7 in this area

    214 Total Sales

    Jesse Chupella
    Section Image

  • O

    Buyer's Agent in 2023

    Oscar Ghasab

    Full CircleRealty&PropertyMgmt

    (484) 264-5123

    1 in this area

    14 Total Sales

    Oscar Ghasab
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 711242

Greater Lehigh Valley REALTORS®

APN: N6SE1C-27-8-0204

Pennsylvania Northampton County Bethlehem 18017 Downtown Bethlehem

1521 Linden St, Bethlehem, PA

This home is located at 1521 Linden St, Bethlehem, PA 18017 since 20 February 2023 and is currently estimated at $671,350, approximately $193 per square foot. This property was built in 1900. 1521 Linden St is a home located in Northampton County with nearby schools including Lincoln Elementary School, Northeast Middle School, and Liberty High School.

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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