NOT LISTED FOR SALE

24 E 3rd St Bethlehem, PA 18015

Downtown Bethlehem Neighborhood

Estimated Value: $939,657

-- Bed
-- Bath
6,200 Sq Ft
$152/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $611,000 $99 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,199/month

76 Days on Market

About This Home

As of August 2020

Beautiful 3 story brick row located in the fast growing southside business district. Location is prime, Bethlehem city public parking lot adjacent, business opportunity is prime, newly built parking garage within walking distance, Fahy bridge within walking distance, Casino within 2 minute drive, Lehigh University doing massive expansion in the southside, foot traffic growing like mad. This building holds two long term tenants with solid income and future development potential. The building is in very good shape.

Last Agent to Sell the Property

Christian Fehrenbacher

BHHS Fox & Roach Easton Listed on: 03/23/2020

BHHS Fox & Roach Easton

Last Buyer's Agent

Aubrey Hendricks

House & Land Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,743

Year Built

  • Built in 1900

Lot Details

  • 2,800 Sq Ft Lot

Home Design

  • Commercial or Retail Space
  • Brick Exterior Construction

Interior Spaces

  • 6,200 Sq Ft Home
  • 3-Story Property

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number P6SE1A 11 6 0204

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $10,000
  • Gross Income $60,000
  • Net Operating Income $50,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,743

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial
  • County Assessment: 87600.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Square Footage: 6200

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: Wall AC
  • Heat Type: Baseboard, Electric, Gas, Hot Water
  • Sewer: Public
  • Water: Public

Fee Information

  • Operating Expense: 10000

Schools

  • School District: Bethlehem

Lot Info

  • Acres: 0.064
  • Lot Sq Ft: 2800
  • Zoning Code: CB-COMMERCIAL BUSINESS

Tax Info

  • Assessor Parcel Number: P6SE1A 11 6 0204
  • County Taxes: 946.08
  • Municipal Taxes: 1676.66
  • Total Taxes: 7742.96

Multi Family

  • School Taxes: 5120.22
  • Total Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
Aug 11, 2020
Sold by
Fehrenbacher Christian and Bsre Holdings Llc
Bought by
L Y Properties Llc
Seller's Agent
Christian Fehrenbacher
BHHS Fox & Roach Easton
Buyer's Agent
Aubrey Hendricks
House & Land Real Estate
List Price
$599,900
Sold Price
$611,000
Premium/Discount to List
$11,100
1.85%
Current Estimated Value
$939,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,657
Avg. Annual Appreciation
8.73%
Original Mortgage
$458,250
Outstanding Balance
$411,045
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$518,033

Purchase Details

Listed on
Mar 23, 2020
Closed on
Jun 23, 2020
Sold by
Sakdiponephong Adisak and Sakdiponephong Patti Ann
Bought by
Fehrenbacher Christian and Bsre Holdings Llc
Seller's Agent
Christian Fehrenbacher
BHHS Fox & Roach Easton
Buyer's Agent
Aubrey Hendricks
House & Land Real Estate
List Price
$599,900
Sold Price
$611,000
Premium/Discount to List
$11,100
1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,250
Outstanding Balance
$411,045
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$518,033

Purchase Details

Closed on
Feb 24, 2020
Sold by
County Of Northampton
Bought by
Bsre Holdings Llc

Purchase Details

Closed on
Jan 1, 1988
Bought by
Sakdiponephong Adisak and Sakdiponephong Patti
Source: Public Records

Range of Values:

Collateral Analytics

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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
L Y Properties Llc $611,000 Mount Bethel Abstract Inc
Fehrenbacher Christian -- None Available
Bsre Holdings Llc $28,150 None Available
Sakdiponephong Adisak $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open L Y Properties Llc $458,250
Previous Owner Sakdiponephong Adisak $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $611,000 +1.9% $99 / Sq Ft
06/07/2020 06/07/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $599,900 -- $97 / 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 $946 $87,600 $31,200 $56,400
2024 $7,743 $87,600 $31,200 $56,400
2023 $7,743 $87,600 $31,200 $56,400
2022 $7,683 $87,600 $31,200 $56,400
2021 $7,631 $87,600 $31,200 $56,400
2020 $7,558 $87,600 $31,200 $56,400
2019 $7,533 $87,600 $31,200 $56,400
2018 $7,350 $87,600 $31,200 $56,400
2017 $7,262 $87,600 $31,200 $56,400
2016 -- $87,600 $31,200 $56,400
2015 -- $87,600 $31,200 $56,400
2014 -- $87,600 $31,200 $56,400
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Christian Fehrenbacher

    BHHS Fox & Roach

    Section Image
  • Aubrey Hendricks

    Buyer's Agent in 2020

    Aubrey Hendricks

    House & Land Real Estate

    (484) 695-3521

    8 in this area

    119 Total Sales

    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 635369

Greater Lehigh Valley REALTORS®

APN: P6SE1A-11-6-0204

Pennsylvania Northampton County Bethlehem 18015 Downtown Bethlehem

24 E 3rd St, Bethlehem, PA

This home is located at 24 E 3rd St, Bethlehem, PA 18015 since 23 March 2020 and is currently estimated at $939,657, approximately $151 per square foot. This property was built in 1900. 24 E 3rd St is a home located in Northampton County with nearby schools including Donegan Elementary School, Broughal 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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