NOT LISTED FOR SALE

Estimated Value: $1,323,844

-- Bed
2 Baths
5,500 Sq Ft
$241/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $1,000,000 $182 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $7,093/month

70 Days on Market

Highlights

  • Commercial or Retail Space
  • Central Air
  • 2 Car Garage

About This Home

As of October 2020

Resting on one of the most picturesque blocks in the heart of Historic Bethlehem is where you’ll discover this truly unique property that beautifully displays its historic roots, an abundance of old world charm accented with tasteful new modern upgrades. This 3 unit building features an occupied popular Bethlehem cafe, office space with separate street entrance, perfect for various types of professional services, plus a spacious 2 story home with detached garage. There is unfinished space above the office that provides an opportunity for additional growth and added income. This incredible property is ideal for either a single tenant or multiple tenants. The possibilities are endless. Don’t let this golden opportunity slip through your fingers.

Last Agent to Sell the Property

Cliff Lewis

Coldwell Banker Hearthside License #RS282311 Listed on: 06/26/2020

Coldwell Banker Hearthside

Co-Listed By

Carol Landis-Pierce

Coldwell Banker Hearthside License #RS304973

Last Buyer's Agent

Cliff Lewis

Coldwell Banker Hearthside License #RS282311 Listed on: 06/26/2020

Coldwell Banker Hearthside

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,783

Year Built

  • Built in 1900

Lot Details

  • 4,800 Sq Ft Lot

Home Design

  • 5,500 Sq Ft Home
  • Commercial or Retail Space
  • Brick Exterior Construction

Parking

  • 2 Car Garage
  • Off-Site Parking

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number P6NE4A 6 3 0204

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,783

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial
  • County Assessment: 113500.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Square Footage: 5500

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Garage, Off Site
  • Parking Spaces: 2

Utilities

  • Cooling: Central AC
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public

Lot Info

  • Acres: 0.110
  • Lot Sq Ft: 4800
  • Zoning Code: RI

Tax Info

  • Assessor Parcel Number: P6NE4A 6 3 0204
  • County Taxes: 1339.30
  • Municipal Taxes: 2067.97
  • Total Taxes: 9782.57

Multi Family

  • School Taxes: 6375.30
  • Total Units: 3
  • Total Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2021
Sold by
402 New Llc
Bought by
Gustafson Danielle Eiun and Klein Bradley Scott
Current Estimated Value
$1,323,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Outstanding Balance
$573,828
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$750,016

Purchase Details

Listed on
Jun 26, 2020
Closed on
Oct 9, 2020
Sold by
Austin First Mortgage Market Llc
Bought by
402 New Llc
Seller's Agent
Cliff Lewis
Coldwell Banker Hearthside
Buyer's Agent
Cliff Lewis
Coldwell Banker Hearthside
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%

Purchase Details

Listed on
Apr 6, 2015
Closed on
Feb 2, 2016
Sold by
Guttman Samuel A
Bought by
Church Street Market Llc
Seller's Agent
Kathleen Gregory
BetterHomes&GardensRE/Cassidon
Buyer's Agent
Margaret Koller
RE/MAX Real Estate
List Price
$1,275,000
Sold Price
$700,000
Premium/Discount to List
-$575,000
-45.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Original Mortgage
$560,000
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 8, 2001
Bought by
Guttman Samuel A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gustafson Danielle Eiun $1,000,000 Abe Settlement Services
402 New Llc $1,000,000 None Available
Church Street Market Llc $700,000 Attorney
Guttman Samuel A $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gustafson Danielle Eiun $625,000
Previous Owner Church Street Market Llc $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/09/2020 10/09/20 Sold $1,000,000 -9.1% $182 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $1,100,000 0.0% $200 / Sq Ft
12/01/2019 12/01/19 Rented $2,400 -2.0% --
11/20/2019 11/20/19 Under Contract -- -- --
10/06/2019 10/06/19 For Rent $2,450 0.0% --
02/16/2016 02/16/16 Sold $700,000 -45.1% $103 / Sq Ft View Prior Sale
10/05/2015 10/05/15 Pending -- -- --
04/06/2015 04/06/15 For Sale $1,275,000 -- $187 / 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 $1,226 $113,500 $36,800 $76,700
2024 $10,032 $113,500 $36,800 $76,700
2023 $10,032 $113,500 $36,800 $76,700
2022 $9,954 $113,500 $36,800 $76,700
2021 $9,887 $113,500 $36,800 $76,700
2020 $9,793 $113,500 $36,800 $76,700
2019 $9,760 $113,500 $36,800 $76,700
2018 $9,523 $113,500 $36,800 $76,700
2017 $9,409 $113,500 $36,800 $76,700
2016 -- $113,500 $36,800 $76,700
2015 -- $113,500 $36,800 $76,700
2014 -- $113,500 $36,800 $76,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 640452

Greater Lehigh Valley REALTORS®

APN: P6NE4A-6-3-0204