NOT LISTED FOR SALE

Estimated Value: $1,161,000 - $1,282,000

9 Beds
5 Baths
6,558 Sq Ft
$185/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $1,100,000 $168 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,741/month

74 Days on Market

Highlights

  • 0.46 Acre Lot
  • Fireplace
  • 8 Car Garage
  • Wood Flooring
  • Patio
  • 4-minute walk to Elmwood Park

About This Home

As of July 2023

Welcome to Historic Bethlehem and this enchanting Circa 1900 home and property. In addition to the 4 unit building there are 8 car garages (some with electric) plus an attached storage unit that can accommodate a small boat! Present owners of the building installed total new electric throughout with separate meters for each unit. New quick recovery gas hot water heaters are in place - need UGI gas company to connect (to be done by new owners). This multi-unit is being sold "as is" and new owner will have to complete renovations and obtain a clear Certificate of Occupancy from the City of Bethlehem. Property is located in the Historic section of Bethlehem and must abide by the Historic Bethlehem standards.

Last Agent to Sell the Property

Gay Krauss

Weichert Realtors Listed on: 04/28/2023

Weichert Realtors

Last Buyer's Agent

Jennifer Brehm

Coldwell Banker Hearthside

Coldwell Banker Hearthside

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $14,138

Year Built

  • Built in 1900

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 109x180x110x181
  • Historic Home

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 6,558 Sq Ft Home
  • Fireplace
  • Wood Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Full Bathrooms

Parking

  • 8 Car Garage
  • Leased Parking

Outdoor Features

  • Patio

Utilities

  • No Cooling
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number P6NE1C2950204

Community Details

Overview

  • 4 Units
  • Historic Bethlehem Subdivision

Building Details

  • Electric Expense $720
  • Insurance Expense $2,500
  • Maintenance Expense $6,000
  • Trash Expense $1,392
  • Water Sewer Expense $7,200
  • Operating Expense $42,239
  • Gross Income $121,500
  • Net Operating Income $79,261

Property Details

Home Type

Apartment

Est. Annual Taxes

$14,138

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 160400.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Features: Fireplace, Hardwood, Historic, Patio, Wash/Dry Hook-ups
  • Bathrooms: Modern, Semi Modern
  • Bathrooms: 5
  • Full Bathrooms: 5
  • Bedrooms: 9
  • Square Footage: 6558

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Garage, Rented
  • Parking Spaces: 8

Utilities

  • Cooling: No Air
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Electric: 720
  • Gas: 12000
  • Heat: 17000
  • Insurance: 2500
  • Trash Removal: 1392
  • Water Sewer: 7200

Condo/Co-op/Association

  • Lawn Snow Removal: 1750
  • Maintenance Repair: 6000

Fee Information

  • Operating Expense: 42239

Schools

  • School District: Bethlehem

Lot Info

  • Acres: 0.455
  • Lot Dimensions: 109x180x110x181
  • Lot Sq Ft: 19800
  • Zoning Code: Rt-Residential

Tax Info

  • Assessor Parcel Number: P6NE1C2950204
  • County Taxes: 1732.32
  • Municipal Taxes: 3070.06
  • Total Taxes: 14137.66

Multi Family

  • School Taxes: 9335.28
  • Total Units: 4
  • Total Unit Count: 4

MLS Schools

  • School District: Bethlehem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Jul 26, 2023
Sold by
250 E Market Street Llc
Bought by
East Market Living Llc
Seller's Agent
Gay Krauss
Weichert Realtors
Buyer's Agent
Jennifer Brehm
Coldwell Banker Hearthside
List Price
$1,500,000
Sold Price
$1,100,000
Premium/Discount to List
-$400,000
-26.67%
Current Estimated Value
$1,213,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,081
Avg. Annual Appreciation
4.84%

Purchase Details

Closed on
Oct 14, 2020
Sold by
Fuller Robert M and Fuller Marian B
Bought by
250 E Market Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2008
Sold by
Fuller Robert M
Bought by
Fuller Robert M and Fuller Marian B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
4.98%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Mar 1, 1995
Bought by
Fuller Robert 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 Buyer Sale Price Title Company
East Market Living Llc $1,100,000 None Listed On Document
250 E Market Street Llc $1,100,000 Brennan Title Abstract
Fuller Robert M -- None Available
Fuller Robert M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open East Market Living Llc $425,000
Previous Owner 250 E Market Street Llc $935,000
Previous Owner 250 E Market Street Llc $880,000
Previous Owner Fuller Robert M $975,000
Previous Owner Fuller Robert M $127,000
Previous Owner Fuller Robert M $40,000
Previous Owner Fuller Robert M $175,209
Previous Owner Fuller Robert M $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $1,100,000 -26.7% $168 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $1,500,000 -- $229 / 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 $1,732 $160,400 $49,400 $111,000
2024 $14,178 $160,400 $49,400 $111,000
2023 $14,178 $160,400 $49,400 $111,000
2022 $14,067 $160,400 $49,400 $111,000
2021 $13,972 $160,400 $49,400 $111,000
2020 $13,839 $160,400 $49,400 $111,000
2019 $13,793 $160,400 $49,400 $111,000
2018 $13,458 $160,400 $49,400 $111,000
2017 $13,297 $160,400 $49,400 $111,000
2016 -- $160,400 $49,400 $111,000
2015 -- $160,400 $49,400 $111,000
2014 -- $160,400 $49,400 $111,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 716499

Greater Lehigh Valley REALTORS®

APN: P6NE1C-29-5-0204