NOT LISTED FOR SALE

323 Summit St Bethlehem, PA 18015

Downtown Bethlehem Neighborhood

Estimated Value: $224,000 - $242,000

-- Bed
2 Baths
1,600 Sq Ft
$146/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $89,000 $56 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $1,289/month

75 Days on Market

Highlights

  • No HOA
  • Wall to Wall Carpet
  • 1-minute walk to Martin Luther king Jr park
  • En-Suite Primary Bedroom
  • Heating System Uses Gas

About This Home

As of October 2014

Great opportunity to own this profitable investment in a great location! Both units are currently rented and provide immediate cash flow, or you could live in one unit and let the tenant pay your mortgage! Each unit features - one bedroom, full bath, living room and kitchen in each unit. Plenty of parking on street in addition to the 2 off street parking spaces. Great location, close to Lehigh University and all amenities. Call for your appointment today.

Last Agent to Sell the Property

Don Wenner

Real of Pennsylvania License #RS300485 Listed on: 06/25/2014

Real of Pennsylvania

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 1,887 Sq Ft Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,600 Sq Ft Home
  • Wall to Wall Carpet
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Private Parking
  • On-Street Parking

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number P6SW2C-23-7-0204

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $650
  • Maintenance Expense $500
  • Other Expense $390
  • Operating Expense $4,436

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 390.00
  • Year Built: 1900
  • Remarks Public: Great opportunity to own this profitable investment in a great location! Both units are currently rented and provide immediate cash flow, or you could live in one unit and let the tenant pay your mortgage! Each unit features - one bedroom, full bath, living room and kitchen in each unit. Plenty of parking on street in addition to the 2 off street parking spaces. Great location, close to Lehigh University and all amenities. Call for your appointment today.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Fully Carpeted
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Hookup
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 62.44
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 323

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Street, Private
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Gas, Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: BETHLEHEM AREA
  • School District Key: 300200397046

Lot Info

  • Improvement Assessed Value: 24800.00
  • Land Assessed Value: 7300.00
  • Land Use Code: 120
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1887.00
  • Zoning: RM

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 15000.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 4412197
  • Tax Annual Amount: 2481.00
  • Assessor Parcel Number: P6SW2C-23-7-0204
  • Tax Lot: 7
  • Tax Year: 2014
  • Close Date: 10/31/2014

MLS Schools

  • School District Name: BETHLEHEM AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2020
Sold by
Hensley Steven F and Hensley Mary E
Bought by
South River Investments Llc
Current Estimated Value
$232,906

Purchase Details

Listed on
Jun 25, 2014
Closed on
Oct 31, 2014
Sold by
Palamaro Bart L and Palamaro Phyllis
Bought by
Hensley Steven F and Hensley Mary E
Seller's Agent
Don Wenner
Real of Pennsylvania
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$99,900
Sold Price
$89,000
Premium/Discount to List
-$10,900
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.25%
Original Mortgage
$66,750
Interest Rate
4.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 1987
Bought by
Palamaro Bart L and Palamaro Phyllis
Source: Public Records

Range of Values:

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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
South River Investments Llc $140,000 None Available
Hensley Steven F $89,000 First American Title Ins Co
Palamaro Bart L $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hensley Steven F $66,750
Previous Owner Palamaro Bart L $82,053
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2014 10/31/14 Sold $89,000 -10.9% $56 / Sq Ft
09/08/2014 09/08/14 Pending -- -- --
06/25/2014 06/25/14 For Sale $99,900 -- $62 / Sq Ft
Source: Bright MLS

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 $347 $32,100 $7,300 $24,800
2024 $2,837 $32,100 $7,300 $24,800
2023 $2,837 $32,100 $7,300 $24,800
2022 $2,815 $32,100 $7,300 $24,800
2021 $2,796 $32,100 $7,300 $24,800
2020 $2,770 $32,100 $7,300 $24,800
2019 $2,760 $32,100 $7,300 $24,800
2018 $2,693 $32,100 $7,300 $24,800
2017 $2,661 $32,100 $7,300 $24,800
2016 -- $32,100 $7,300 $24,800
2015 -- $32,100 $7,300 $24,800
2014 -- $32,100 $7,300 $24,800
Source: Public Records

Agents Affiliated with this Home

  • Don Wenner

    Seller's Agent in 2014

    Don Wenner

    Real of Pennsylvania

    (800) 350-8061

    23 in this area

    1,052 Total Sales

    Don Wenner
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Map

Source: Bright MLS

MLS Number: 1002984288

Bright MLS

APN: P6SW2C-23-7-0204

Pennsylvania Northampton County Bethlehem 18015 Downtown Bethlehem

323 Summit St, Bethlehem, PA

This home is located at 323 Summit St, Bethlehem, PA 18015 since 25 June 2014 and is currently estimated at $232,906, approximately $145 per square foot. This property was built in 1900. 323 Summit St is a home located in Northampton County with nearby schools including Fountain Hill Elementary School, Broughal Middle School, and Liberty High School.

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