NOT LISTED FOR SALE

2235 Koehler Dr Bethlehem, PA 18015

South Bethlehem Neighborhood

Estimated Value: $308,000 - $955,000

18 Beds
9 Baths
7,345 Sq Ft
$81/Sq Ft Est. Value

Last Sold September 04, 2019

Last sale price $555,000 $76 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,686/month

16 Days on Market

Highlights

  • 0.68 Acre Lot
  • Commercial or Retail Space
  • 11 Car Garage
  • Fireplace
  • Baseboard Heating
  • Laundry Facilities

About This Home

As of September 2019

Saucon Valley School District money maker. Koehler Drive Villas includes two parcels. Parcel one, 2235, includes 4 apartments and 7 garages. Parcel two, 2237, includes two 3BR twins. There is upside potential of a 7th unit that has been remodeled to
add to your rental income. This fantastic property is conveniently located in the ever popular Saucon Vally SD and just minutes from Lehigh University, The Promenade Shops and major thoroughfares. 6 units fully rented, 7 garages and a coin-op laundry bring your total gross to $81,428. Priced to sell at an 8.11 cap rate. Tenants pay their own gas heat and electric. Plenty of on-site parking. Pride of ownership is evident in this property and numerous updates/upgrades have been
done. All of this situated atop of South Mountain on a gorgeous .67+ acre lot.

Last Agent to Sell the Property

Michael Volpe

Heart and Home Realty LLC Listed on: 07/23/2019

Last Buyer's Agent

Michael Volpe

Heart and Home Realty LLC Listed on: 07/23/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,783

Lot Details

  • 0.68 Acre Lot
  • Property is zoned O&L

Parking

  • 11 Car Garage

Home Design

  • Commercial or Retail Space
  • Vinyl Construction Material
  • Stone

Interior Spaces

  • 7,345 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Wall to Wall Carpet
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 18 Bedrooms

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number Q6NW2-4-1-0719

Community Details

Overview

Amenities

  • Laundry Facilities

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,783

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial, Detached, Semi Detached/Twin
  • County Assessment: 124400.00
  • Stories: 2.0
  • Street Number Modifier: 2237
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Features: Central Laundry, Fireplace, Wall-to-Wall Carpet, Wash/Dry Hook-ups
  • Bathrooms: Semi Modern
  • Bathrooms: 9
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Bedrooms: 18
  • Square Footage: 7345

Exterior Features

  • Construction: Stone, Vinyl

Garage/Parking

  • Parking: Garage, Paved Lot
  • Parking Spaces: 11

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Gas
  • Sewer: Public
  • Water: Public
  • Electric: 1150
  • Gas: 1150
  • Insurance: 4300
  • Trash Removal: 4200
  • Water Sewer: 4750

Condo/Co-op/Association

  • Lawn Snow Removal: 835
  • Maintenance Repair: 4600

Fee Information

  • Operating Expense: 31530

Schools

  • School District: Saucon Valley

Lot Info

  • Acres: 0.676
  • Lot Dimensions: 29447
  • Lot Sq Ft: 29447
  • Zoning Code: O&L

Rental Info

  • Other Expenses: 1260

Tax Info

  • Assessor Parcel Number: Q6NW2-4-1-0719
  • County Taxes: 1343.52
  • Municipal Taxes: 639.42
  • Total Taxes: 8782.52

Multi Family

  • School Taxes: 6799.58
  • Total Units: 6
  • Total Unit Count: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2012
Closed on
Jun 26, 2013
Sold by
Regec Ryan J
Bought by
Koehler Drive Llc
Seller's Agent
Peter Hewitt
Keller Williams Northampton
Buyer's Agent
Shane Keyser
CENTURY 21 Keim Realtors
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$663,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,000
Avg. Annual Appreciation
3.34%

Purchase Details

Closed on
Nov 13, 2002
Bought by
Regec Ryan J
Source: Public Records

Range of Values:

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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
Koehler Drive Llc $400,000 None Available
Regec Ryan J $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Intercontinental Cultural Exchange Llc $444,000
Closed Koehler Drive Llc $348,500
Previous Owner Regec Ryan J $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2019 09/04/19 Sold $555,000 -9.8% $76 / Sq Ft
08/08/2019 08/08/19 Pending -- -- --
07/23/2019 07/23/19 For Sale $615,000 0.0% $84 / Sq Ft
09/01/2015 09/01/15 Rented $1,000 0.0% --
08/21/2015 08/21/15 Under Contract -- -- --
08/03/2015 08/03/15 For Rent $1,000 +2.6% --
08/04/2014 08/04/14 Rented $975 0.0% --
08/01/2014 08/01/14 Under Contract -- -- --
07/17/2014 07/17/14 For Rent $975 0.0% --
06/26/2013 06/26/13 Sold $400,000 0.0% $170 / Sq Ft
05/13/2013 05/13/13 Pending -- -- --
08/17/2012 08/17/12 For Sale $400,000 -- $170 / 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 $672 $62,200 $18,200 $44,000
2024 $4,391 $62,200 $18,200 $44,000
2023 $4,391 $62,200 $18,200 $44,000
2022 $4,315 $62,200 $18,200 $44,000
2021 $4,377 $62,200 $18,200 $44,000
2020 $4,455 $62,200 $18,200 $44,000
2019 $4,455 $62,200 $18,200 $44,000
2018 $4,399 $62,200 $18,200 $44,000
2017 $4,287 $62,200 $18,200 $44,000
2016 -- $62,200 $18,200 $44,000
2015 -- $62,200 $18,200 $44,000
2014 -- $62,200 $18,200 $44,000
Source: Public Records

Agents Affiliated with this Home

  • Michael Volpe

    Seller's Agent in 2019

    Michael Volpe

    Heart and Home Realty LLC

    (484) 538-6430

    13 Total Sales

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  • Robert Susko

    Seller's Agent in 2015

    Robert Susko

    RE/MAX

    (610) 751-1896

    209 Total Sales

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  • Bob Brown

    Seller's Agent in 2014

    Bob Brown

    Realty 365

    (610) 776-7676

    1 in this area

    59 Total Sales

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  • M

    Seller Co-Listing Agent in 2014

    Matthew Kohn

    BetterHomes&GardensRE/Cassidon

    (610) 390-9785

    17 Total Sales

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  • P

    Seller's Agent in 2013

    Peter Hewitt

    Keller Williams Northampton

    Section Image
  • Shane Keyser

    Buyer's Agent in 2013

    Shane Keyser

    CENTURY 21 Keim Realtors

    (610) 509-4768

    1 in this area

    43 Total Sales

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 615351

Greater Lehigh Valley REALTORS®

APN: Q6NW2-4-1-0719

Pennsylvania Northampton County Bethlehem 18015 South Bethlehem

2235 Koehler Dr, Bethlehem, PA

This home is located at 2235 Koehler Dr, Bethlehem, PA 18015 since 23 July 2019 and is currently estimated at $596,000, approximately $81 per square foot. 2235 Koehler Dr is a home located in Northampton County with nearby schools including Saucon Valley Elementary School, Saucon Valley Senior High School, and Arts Academy Charter Middle 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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