NOT LISTED FOR SALE

400 S Main St Nazareth, PA 18064

Estimated Value: $429,000 - $544,000

8 Beds
4.5 Baths
4,255 Sq Ft
$118/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $520,000 $122 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,864/month

6 Days on Market

Highlights

  • Forced Air Heating System
  • Floyd R. Shafer Elementary School Rated A-
  • Baseboard Heating

About This Home

As of April 2024

Multiple Offers - Highest & Best by Tuesday March 19 @ 12 Noon. Great opportunity to own a 4 unit, Multi-family in a great Nazareth location. 2- 1 BR units, 1- 2 BR unit, and 1- 3 BR unit. Separate utilities. This property has long term tenants at below market rents. Tenants are month to month. Rents can be raised. Also included is 3 Evergreen Street (K7NE2A-1-5). Lot size, square footage, assessment and taxes reflect both parcels.

Last Agent to Sell the Property

David Lichtenwalner

BHHS - Choice Properties Listed on: 03/13/2024

BHHS - Choice Properties

Last Buyer's Agent

Jason Kocsis

Coldwell Banker Heritage R E

Coldwell Banker Heritage R E

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,612

Year Built

  • Built in 1900

Lot Details

  • 4,340 Sq Ft Lot

Home Design

  • Semi-Detached or Twin Home
  • Vinyl Construction Material

Interior Spaces

  • 4,255 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number K7NE2A 1 6 0421

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $228
  • Insurance Expense $3,244
  • Other Expense $80
  • Trash Expense $1,824
  • Operating Expense $5,376
  • Gross Income $28,320
  • Net Operating Income $22,944

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,612

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Duplex/Both Halves, Semi Detached/Twin
  • County Assessment: 77500.00
  • Stories: 2.0
  • Street Number Modifier: -402
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Features: No Disclosure
  • Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bedrooms: 8
  • Square Footage: 4255

Exterior Features

  • Construction: Vinyl

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric, Forced Air, Oil
  • Sewer: Public
  • Water: Public
  • Electric: 228
  • Insurance: 3244
  • Trash Removal: 1824

Fee Information

  • Operating Expense: 5376

Schools

  • School District: Nazareth

Lot Info

  • Acres: 0.100
  • Lot Sq Ft: 4340
  • Zoning Code: HDR

Rental Info

  • Other Expenses: 80

Tax Info

  • Assessor Parcel Number: K7NE2A 1 6 0421
  • County Taxes: 837.00
  • Municipal Taxes: 1317.50
  • Total Taxes: 6611.53

Multi Family

  • School Taxes: 4457.03
  • Total Units: 4
  • Total Unit Count: 4

MLS Schools

  • School District: Nazareth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
Apr 26, 2024
Sold by
Trenberth Gayle Elizabeth and Kadlub Gayle Elizabeth
Bought by
400 South Main Llc
Seller's Agent
David Lichtenwalner
BHHS - Choice Properties
Buyer's Agent
Jason Kocsis
Coldwell Banker Heritage R E
List Price
$439,000
Sold Price
$520,000
Premium/Discount to List
$81,000
18.45%
Total Days on Market
6
Views
35
Current Estimated Value
$502,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,333
Avg. Annual Appreciation
-3.03%

Purchase Details

Closed on
Jun 1, 1983
Bought by
Tanzosh William J and Tanzosh Judith A
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
400 South Main Llc $520,000 None Listed On Document
Tanzosh William J $58,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $520,000 +18.5% $122 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $439,000 -- $103 / 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 $507 $46,900 $9,900 $37,000
2024 $4,001 $46,900 $9,900 $37,000
2023 $3,921 $46,900 $9,900 $37,000
2022 $3,921 $46,900 $9,900 $37,000
2021 $3,918 $46,900 $9,900 $37,000
2020 $3,918 $46,900 $9,900 $37,000
2019 $1,233 $46,900 $9,900 $37,000
2018 $3,779 $46,900 $9,900 $37,000
2017 $3,721 $46,900 $9,900 $37,000
2016 -- $46,900 $9,900 $37,000
2015 -- $46,900 $9,900 $37,000
2014 -- $46,900 $9,900 $37,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 734273

Greater Lehigh Valley REALTORS®

APN: K7NE2A-1-6-0421