$355,000
SOLD JUL 20, 2023
-- Bed
-- Bath
2,535 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$140 Per Sq Ft

11% Below List Price

3 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Garage
  • 5-minute walk to Elmwood Park

About This Home

As of July 2023

Great investment! This property sits on a corner location in the heart of Bethlehem and features 3 apartments and a one car, detached garage with driveway. It is only a short walk to downtown, shops, & restaurants, with major routes like 22, 33, and 78 only minutes away. This charming, detached home has tons of potential. Original hardwood floors lie beneath the carpets. Plenty of outdoor space exists in the fenced-in yard. Please note that the home requires repairs & is being sold as-is. Current rents have not been raised since 2016.

Last Agent to Sell the Property

Lisa McHale

Morganelli Properties LLC License #RS343907 Listed on: 07/06/2023

Last Buyer's Agent

Lucy Lennon

Main St. Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,834

Year Built

  • Built in 1917

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Utilities

  • No Cooling
  • Heating System Uses Oil

Additional Features

  • Wood Flooring
  • Washer and Dryer Hookup
  • Property is zoned Rm

Listing and Financial Details

  • Assessor Parcel Number P6NE1B 11 1 0204

Community Details

Overview

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,834

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Detached
  • Technology: Smk Detector Battery
  • County Assessment: 66000.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1917
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Features: Fire Escape, Hardwood, Wash/Dry Hook-ups
  • Bathrooms: Semi Modern

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Garage
  • Parking Spaces: 2

Utilities

  • Cooling: No Air
  • Heat Type: Oil
  • Sewer: Public
  • Water: Public
  • Electric: 1000
  • Heat: 1000
  • Insurance: 1000
  • Trash Removal: 60
  • Water Sewer: 200

Condo/Co-op/Association

  • Lawn Snow Removal: 200
  • Maintenance Repair: 500

Fee Information

  • Operating Expense: 6900

Schools

  • School District: Bethlehem

Lot Info

  • Zoning Code: Rm

Tax Info

  • Assessor Parcel Number: P6NE1B 11 1 0204
  • County Taxes: 712.80
  • Municipal Taxes: 1263.24
  • Total Taxes: 5833.74

Multi Family

  • School Taxes: 3857.70
  • Total Units: 3
  • Total Unit Count: 3

MLS Schools

  • School District: Bethlehem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Jul 18, 2023
Sold by
Martucci David M
Bought by
Olinpia Ii Lp
Seller's Agent
Lisa McHale
Morganelli Properties LLC
Buyer's Agent
Lucy Lennon
Main St. Real Estate Group
List Price
$399,000
Sold Price
$355,000
Premium/Discount to List
-$44,000
-11.03%
Current Estimated Value
$379,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,284
Avg. Annual Appreciation
3.04%

Purchase Details

Closed on
Dec 2, 2021
Sold by
B & R Inv Properties Llc
Bought by
901 Center St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$997,600
Interest Rate
3.14%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 6, 1999
Sold by
Muretta Nicholas and Muretta Joan M
Bought by
Martucci David M

Purchase Details

Closed on
Aug 1, 1986
Bought by
Muretta Nicholas and Muretta Joan M
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 Type Sale Price Title Company
Deed $355,000 None Listed On Document
Deed $1,247,000 None Listed On Document
Deed $95,000 --
Deed $96,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $997,600 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2023 10/01/23 Rented $1,600 -11.1% --
09/24/2023 09/24/23 Under Contract -- -- --
09/24/2023 09/24/23 For Rent $1,800 0.0% --
07/20/2023 07/20/23 Sold $355,000 -11.0% $140 / Sq Ft
07/09/2023 07/09/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $399,000 -- $157 / 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 $713 $66,000 $18,000 $48,000
2024 $5,834 $66,000 $18,000 $48,000
2023 $5,834 $66,000 $18,000 $48,000
2022 $5,788 $66,000 $18,000 $48,000
2021 $5,749 $66,000 $18,000 $48,000
2020 $5,694 $66,000 $18,000 $48,000
2019 $5,675 $66,000 $18,000 $48,000
2018 $5,537 $66,000 $18,000 $48,000
2017 $5,471 $66,000 $18,000 $48,000
2016 -- $66,000 $18,000 $48,000
2015 -- $66,000 $18,000 $48,000
2014 -- $66,000 $18,000 $48,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 719994

Greater Lehigh Valley REALTORS®

APN: P6NE1B 11 1 0204