NOT LISTED FOR SALE

315 E Garrison St Bethlehem, PA 18018

Downtown Bethlehem Neighborhood

Estimated Value: $348,000 - $366,000

4 Beds
2 Baths
1,669 Sq Ft
$214/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $210,000 $126 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,869/month

7 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • 2-minute walk to Elmwood Park

About This Home

As of February 2020

MULTIPLE OFFERS RECEIVED. HIGHEST & BEST DUE WEDNESDAY 01/15 BY NOON. Stunning 2-Unit Gem in the heart of Bethlehem. First floor (Unit #1) features full living room, kitchen, large bedroom with eat-in-kitchen, laundry & full bath w/ tub & shower. The 2nd & 3rd floor (Unit #2) features 3 bedrooms, living room, and an immaculate kitchen with granite countertops, open concept, and full bathroom. Both units boast gleaming hardwood floors, updated appliances, spacious living spaces and an oversized driveway with space enough for 3 cars. Unit 1 is heated with forced air oil heat and has central air. Unit #2 has electric baseboard heating w/ window AC units. Both units are tenant occupied w/ leases. Owner is currently responsible for taxes/water/sewer/garbage and oil. Property brings in $1,900 per month or $22,800 annually, with room for improvements, the current NET for owner after all expenses is $16,000 per year.

Last Agent to Sell the Property

Daniel Witt

Keller Williams Allentown Listed on: 01/09/2020

Keller Williams Allentown

Last Buyer's Agent

Christopher Topping

RE/MAX Real Estate

RE/MAX Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,774

Year Built

  • Built in 1900

Lot Details

  • 1,581 Sq Ft Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,669 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • 3 Parking Spaces
  • Paved Parking

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number P6NE1B 24 10 0204

Community Details

Building Details

  • Insurance Expense $825
  • Trash Expense $384
  • Water Sewer Expense $785
  • Gross Income $22,800
  • Net Operating Income $15,924

Additional Features

  • 2 Units
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,774

Year Built

Built in 1900

Lot Details

1,581 Sq Ft Lot

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row-End Unit, Row/Townhouse, Semi Detached/Twin
  • Technology: Cable, Smk Detector Battery
  • County Assessment: 42700.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Square Footage: 1669

Exterior Features

  • Construction: Vinyl

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 3

Utilities

  • Cooling: Central AC, Window AC
  • Heat Type: Baseboard, Forced Air, Oil
  • Sewer: Public
  • Water: Public
  • Heat: 1198
  • Insurance: 825
  • Trash Removal: 384
  • Water Sewer: 785

Lot Info

  • Acres: 0.036
  • Lot Sq Ft: 1581
  • Zoning Code: GC

Tax Info

  • Assessor Parcel Number: P6NE1B 24 10 0204
  • County Taxes: 461.16
  • Municipal Taxes: 817.28
  • Total Taxes: 3774.26

Multi Family

  • School Taxes: 2495.82
  • Total Units: 2
  • Total Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2020
Closed on
Feb 21, 2020
Sold by
Massari Thomas and Ruppe Andrew J
Bought by
Nemeroff David B
Seller's Agent
Daniel Witt
Keller Williams Allentown
Buyer's Agent
Christopher Topping
RE/MAX Real Estate
List Price
$205,000
Sold Price
$210,000
Premium/Discount to List
$5,000
2.44%
Current Estimated Value
$356,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,480
Avg. Annual Appreciation
9.24%
Original Mortgage
$157,500
Outstanding Balance
$124,232
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$232,248

Purchase Details

Closed on
Dec 18, 2008
Sold by
Massari Thomas and Ostrelich Michael G
Bought by
Massari Thomas and Ruppe Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,852
Interest Rate
6.17%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 2006
Sold by
Repsher Irene V
Bought by
Massari Thomas and Ostrelich,Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,528
Interest Rate
6.26%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Nemeroff David B $210,000 None Available
Massari Thomas -- None Available
Massari Thomas $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nemeroff David B $157,500
Previous Owner Massari Thomas $165,852
Previous Owner Massari Thomas $157,528
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2024 09/15/24 For Rent $1,900 0.0% --
02/21/2020 02/21/20 Sold $210,000 +2.4% $126 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $205,000 -- $123 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

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 $461 $42,700 $8,600 $34,100
2024 $3,774 $42,700 $8,600 $34,100
2023 $3,774 $42,700 $8,600 $34,100
2022 $3,745 $42,700 $8,600 $34,100
2021 $3,720 $42,700 $8,600 $34,100
2020 $3,684 $42,700 $8,600 $34,100
2019 $3,672 $42,700 $8,600 $34,100
2018 $3,583 $42,700 $8,600 $34,100
2017 $3,540 $42,700 $8,600 $34,100
2016 -- $42,700 $8,600 $34,100
2015 -- $42,700 $8,600 $34,100
2014 -- $42,700 $8,600 $34,100
Source: Public Records

Agents Affiliated with this Home

  • Daniel Witt

    Seller's Agent in 2020

    Daniel Witt

    Keller Williams Allentown

    (610) 462-3280

    3 in this area

    208 Total Sales

    Daniel Witt
    Section Image
  • Christopher Topping

    Buyer's Agent in 2020

    Christopher Topping

    RE/MAX

    (610) 703-6927

    11 in this area

    71 Total Sales

    Christopher Topping
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 630726

Greater Lehigh Valley REALTORS®

APN: P6NE1B 24 10 0204

Pennsylvania Northampton County Bethlehem 18018 Downtown Bethlehem

315 E Garrison St, Bethlehem, PA

Not Listed for Sale

Townhouses

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