NOT LISTED FOR SALE

Estimated Value: $169,194 - $248,000

3 Beds
1 Bath
1,200 Sq Ft
$174/Sq Ft Est. Value

Last Sold September 16, 2019

Last sale price $83,000 $69 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $1,240/month

6 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 4-minute walk to Higbee Playground

About This Home

As of September 2019

Double Digit Cap Rate on this freshly rented single unit row home. Spacious rooms and convenient location mark this 3 bedroom house with solid roof. Uniquely covered front porch welcomes to an open concept first floor featuring hardwood that flows into a nice sized kitchen. Carpeted 2nd floor features 2 ample bedrooms, one of which is a walkthrough to the bath and finished 3rd floor. Large walk-in closet for storage needs. The basement is paneled and carpeted, some cosmetic work needed. Electric BB heat and hot water. Property has a clear certificate of occupancy from the City of Bethlehem. Full year lease started in April 2019 plus 2nd year option with rent bump. LL pays water/sewer and trash.

Last Agent to Sell the Property

Brian Golas

Grace Realty Co Inc Listed on: 08/07/2019

Last Buyer's Agent

William Meza

EXP Realty LLC License #RS343211

EXP Realty LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,709

Year Built

  • Built in 1864

Lot Details

  • 708 Sq Ft Lot
  • Lot Dimensions are 12x59

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,200 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Home Security

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 642746499321-001

Community Details

Building Details

  • Insurance Expense $1,000
  • Trash Expense $300
  • Water Sewer Expense $600
  • Gross Income $13,800
  • Net Operating Income $10,214

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,709

Year Built

Built in 1864

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row/Townhouse
  • Technology: Cable, Smk Detector Battery
  • County Assessment: 60700.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1864
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Features: Hardwood, Wash/Dry Hook-ups
  • Bathrooms: Old
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Square Footage: 1200

Exterior Features

  • Construction: Aluminum, Vinyl

Utilities

  • Cooling: Window AC
  • Heat Type: Baseboard
  • Sewer: Public
  • Water: Public
  • Insurance: 1000
  • Trash Removal: 300
  • Water Sewer: 600

Lot Info

  • Acres: 0.016
  • Lot Dimensions: 12x59
  • Lot Sq Ft: 708
  • Zoning Code: Rt-Residential

Tax Info

  • Assessor Parcel Number: 642746499321-001
  • County Taxes: 229.45
  • Municipal Taxes: 367.24
  • Total Taxes: 1708.71

Multi Family

  • School Taxes: 1112.02
  • Total Units: 1
  • Total Unit Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2015
Sold by
Martin Kevin A and Martin Lisa M
Bought by
Martin Kevin A
Current Estimated Value
$209,049

Purchase Details

Closed on
Apr 21, 1997
Sold by
Spangenberg Craig A and Spangenberg Joann L
Bought by
Martin Kevin A and Martin Lisa M

Purchase Details

Closed on
Jun 12, 1989
Sold by
Spangenberg Craig A and Gruver Joann L
Bought by
Spangenberg Craig A and Spangenberg Joann L

Purchase Details

Closed on
Apr 30, 1988
Sold by
Kovacs Jr John R
Bought by
Spangenberg Craig A and Gruve Joann L

Purchase Details

Closed on
Jun 30, 1977
Bought by
Kovacs John R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Martin Kevin A -- Attorney
Martin Kevin A $37,000 --
Spangenberg Craig A -- --
Spangenberg Craig A $42,900 --
Kovacs John R -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2019 09/16/19 Sold $83,000 -2.2% $69 / Sq Ft
08/13/2019 08/13/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $84,900 -- $71 / 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 $1,744 $60,700 $3,800 $56,900
2024 $1,724 $60,700 $3,800 $56,900
2023 $1,709 $60,700 $3,800 $56,900
2022 $1,737 $60,700 $56,900 $3,800
2021 $1,729 $60,700 $3,800 $56,900
2020 $1,674 $60,700 $3,800 $56,900
2019 $1,686 $60,700 $3,800 $56,900
2018 $1,653 $60,700 $3,800 $56,900
2017 $1,579 $60,700 $3,800 $56,900
2016 -- $60,700 $3,800 $56,900
2015 -- $60,700 $3,800 $56,900
2014 -- $60,700 $3,800 $56,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 619437

Greater Lehigh Valley REALTORS®

APN: 642746499321-1