NOT LISTED FOR SALE

Estimated Value: $267,000 - $391,000

2 Beds
2 Baths
1,430 Sq Ft
$224/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $200,000 $140 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,715/month

6 Days on Market

About This Home

As of October 2020

MULTIPLE OFFERS RECEIVED!! HIGHEST AND BEST BY 9/13 AT 9:00 PM. Adding to your investment portfolio? Don't miss out on this fully occupied 2 unit! This property is close to everything; all the restaurants and shopping that Downtown Bethlehem has to offer, Moravian College, and Wind Creek Casino. Both units are semi updated. There is even a fenced in yard in the back for the tenants to enjoy. Come see this property before it's gone.

Last Agent to Sell the Property

Stephanie Maragulia

Weichert Realtors - Allentown Listed on: 09/08/2020

Weichert Realtors - Allentown

Last Buyer's Agent

Brian Heslin

BetterHomes&GardensRE/Cassidon License #AB066249

BetterHomes&GardensRE/Cassidon

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,835

Year Built

  • Built in 1900

Lot Details

  • 1,425 Sq Ft Lot

Home Design

  • Semi-Detached or Twin Home
  • Brick Exterior Construction

Interior Spaces

  • 1,430 Sq Ft Home
  • 2-Story Property

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number P6NE1C 16 1A 0204

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,200
  • Manager Expense $185
  • Trash Expense $70
  • Water Sewer Expense $575
  • Operating Expense $5,786
  • Gross Income $22,200
  • Net Operating Income $16,414

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,835

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Semi Detached/Twin
  • County Assessment: 44500.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Square Footage: 1430

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: No Air
  • Heat Type: Forced Air, Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 1200
  • Trash Removal: 70
  • Water Sewer: 575

Condo/Co-op/Association

  • Management: 185

Fee Information

  • Operating Expense: 5786

Lot Info

  • Acres: 0.033
  • Lot Sq Ft: 1425
  • Zoning Code: CG-GENERAL COMMERCIAL

Tax Info

  • Assessor Parcel Number: P6NE1C 16 1A 0204
  • County Taxes: 525.10
  • Municipal Taxes: 810.79
  • Total Taxes: 3835.46

Multi Family

  • School Taxes: 2499.57
  • Total Units: 2
  • Total Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
Oct 6, 2020
Sold by
Ligenza Joseph G and Ligenza Joseph G
Bought by
Vanrossum Ryan M
Seller's Agent
Stephanie Maragulia
Weichert Realtors - Allentown
Buyer's Agent
Brian Heslin
BetterHomes&GardensRE/Cassidon
List Price
$190,000
Sold Price
$200,000
Premium/Discount to List
$10,000
5.26%
Current Estimated Value
$319,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,760
Avg. Annual Appreciation
9.48%
Original Mortgage
$150,000
Outstanding Balance
$133,174
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$186,586

Purchase Details

Listed on
Sep 11, 2014
Closed on
Dec 4, 2014
Sold by
Pons Santia
Bought by
Ligenza Joseph G
Seller's Agent
Theresa Calantoni
Keller Williams Northampton
Buyer's Agent
Theresa Calantoni
Keller Williams Northampton
List Price
$169,900
Sold Price
$150,000
Premium/Discount to List
-$19,900
-11.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Original Mortgage
$120,000
Interest Rate
3.93%
Mortgage Type
Commercial
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
Vanrossum Ryan M $200,000 Liberty Abstract Company
Ligenza Joseph G $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanrossum Ryan M $150,000
Previous Owner Ligenza Joseph G $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2020 10/23/20 Sold $200,000 +5.3% $140 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $190,000 +26.7% $133 / Sq Ft
12/04/2014 12/04/14 Sold $150,000 -11.7% $105 / Sq Ft View Prior Sale
09/18/2014 09/18/14 Pending -- -- --
09/11/2014 09/11/14 For Sale $169,900 -- $119 / 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 $481 $44,500 $19,700 $24,800
2024 $3,933 $44,500 $19,700 $24,800
2023 $3,933 $44,500 $19,700 $24,800
2022 $3,903 $44,500 $19,700 $24,800
2021 $3,876 $44,500 $19,700 $24,800
2020 $3,839 $44,500 $19,700 $24,800
2019 $3,827 $44,500 $19,700 $24,800
2018 $3,734 $44,500 $19,700 $24,800
2017 $3,689 $44,500 $19,700 $24,800
2016 -- $44,500 $19,700 $24,800
2015 -- $44,500 $19,700 $24,800
2014 -- $44,500 $19,700 $24,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 648089

Greater Lehigh Valley REALTORS®

APN: P6NE1C-16-1A-0204