NOT LISTED FOR SALE

201 E Bertsch St Lansford, PA 18232

Estimated Value: $143,000 - $221,000

8 Beds
5 Baths
5,802 Sq Ft
$34/Sq Ft Est. Value

Last Sold July 17, 2024

Last sale price $215,000 $37 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,392/month

56 Days on Market

About This Home

As of July 2024

Attention visionary investors! Welcome to 201 E Bertsch St in Lansford, PA—a diamond in the rough with boundless potential. This 5-unit building, including a spacious commercial space at 1920 sqft, offers an exciting opportunity for those with the vision to see its future glory. With a potential gross income of $42,480 and a net income of $34,650, the possibilities are endless. While only 2 units are currently inhabitable, the photographs will speak volumes about the untapped potential within. With strategic renovations, the cap rate could soar to 10-15% or MORE, offering an enticing return on investment. Don't miss out on the chance to revitalize this property and unlock its full value—seize this opportunity today and be part of Lansford's promising future!

Last Agent to Sell the Property

Jennifer de Jesus

Steel City Realty License #RM423820 Listed on: 03/06/2024

Last Buyer's Agent

Jennifer de Jesus

Steel City Realty License #RM423820 Listed on: 03/06/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,371

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Property is zoned Comm. / Resi

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 5,802 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 122A3-22-T53

Community Details

Overview

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,371

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Detached
  • County Assessment: 38462.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Year Built Exception: Unknown
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 5
  • Full Bathrooms: 5
  • Bedrooms: 8
  • Square Footage: 5802

Exterior Features

  • Construction: Vinyl

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 1300
  • Trash Removal: 1200
  • Water Sewer: 960

Fee Information

  • Operating Expense: 7830

Lot Info

  • Acres: 0.060
  • Lot Sq Ft: 2614
  • Zoning Code: Comm. / Resi

Tax Info

  • Assessor Parcel Number: 122A3-22-T53
  • County Taxes: 1416.94
  • Municipal Taxes: 471.16
  • Total Taxes: 4370.82

Multi Family

  • School Taxes: 2482.72
  • Total Units: 5
  • Total Unit Count: 5

MLS Schools

  • School District: Panther Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Jul 17, 2024
Sold by
Bp Supreme Llc
Bought by
76 Schultz Llc
Seller's Agent
Jennifer de Jesus
Steel City Realty
Buyer's Agent
Jennifer de Jesus
Steel City Realty
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%
Views
129
Current Estimated Value
$198,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,274
Avg. Annual Appreciation
-5.51%
Original Mortgage
$299,000
Outstanding Balance
$295,401
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$96,675

Purchase Details

Listed on
Mar 15, 2021
Closed on
Sep 17, 2021
Sold by
Keer Debra
Bought by
Bp Supreme Llc
Seller's Agent
Douglas Yoder
New Day Real Estate LLC
Buyer's Agent
Ronald Bowser
Steel City Realty
List Price
$475,000
Sold Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-24.43%
Original Mortgage
$356,250
Interest Rate
2.86%

Purchase Details

Closed on
Jan 12, 2017
Sold by
Edgar Mark
Bought by
Keer Debra A

Purchase Details

Closed on
Feb 29, 2016
Sold by
County Of Carbon
Bought by
Edgar Mark

Purchase Details

Closed on
Aug 17, 2006
Sold by
Beil David B
Bought by
Renninger Richard R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2005
Sold by
Zeller Herman R
Bought by
Beil David B
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
76 Schultz Llc $215,000 Steel Abstract
Bp Supreme Llc $105,000 Steel Abstract
Keer Debra A $7,250 None Available
Edgar Mark $1,244 None Available
Renninger Richard R $120,000 None Available
Beil David B $50,000 None Available
Zeller Herman R $33,920 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 76 Schultz Llc $299,000
Previous Owner Bp Supreme Llc $356,250
Previous Owner Renninger Richard R $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2024 07/17/24 Sold $215,000 -4.4% $37 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $225,000 -52.6% $39 / Sq Ft
09/17/2021 09/17/21 Sold $475,000 0.0% $397 / Sq Ft View Prior Sale
06/11/2021 06/11/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $475,000 -- $397 / 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 $4,186 $38,462 $4,300 $34,162
2024 $4,400 $38,462 $4,300 $34,162
2023 $4,371 $38,462 $4,300 $34,162
2022 $4,405 $38,462 $4,300 $34,162
2021 $4,405 $38,462 $4,300 $34,162
2020 $4,338 $38,462 $4,300 $34,162
2019 $4,126 $38,462 $4,300 $34,162
2018 $4,088 $38,462 $4,300 $34,162
2017 $65 $622 $100 $522
2016 -- $38,462 $4,300 $34,162
2015 -- $38,462 $4,300 $34,162
2014 -- $38,462 $4,300 $34,162
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 733952

Greater Lehigh Valley REALTORS®

APN: 122A3-22-T53