NOT LISTED FOR SALE

Estimated Value: $541,260

6 Beds
4.5 Baths
4,370 Sq Ft
$124/Sq Ft Est. Value

Sale Details

Date Sold: November 29, 2024

Last sale price $510,000 $117 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,536 / mo

7 Days on Market

Highlights

  • Ceiling Fan
  • Baseboard Heating
  • 4-minute walk to Fairview Park

About This Home

As of November 2024

This 5 unit has been owned and operate by the same owners for over 40 years. This prime location offer a store front which most recently was used by a contractor but was Bethlehem coin for 20+ years, 2 two bedroom units 1 one bedroom and 1 efficiency unit. One of the efficiencies was just re done. The other apartments are in good condition along with a solid exterior. The current rents are well below the current market rate but all tenants have been long term with month to month leases. Most of the tenants have been renting for 10+ years. Owners pay oil heat, trash, water & sewer. Tenants have their owns meter as well as a landlord meter for the common areas. The length of ownership shows the ease of maintenance and one you should add to your portfolio.

Last Agent to Sell the Property

Jason Kocsis

Home Team Real Estate License #AB065807 Listed on: 09/03/2024

Last Buyer's Agent

Jason Kocsis

Home Team Real Estate License #AB065807 Listed on: 09/03/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,884

Year Built

  • Built in 1945

Lot Details

  • 2,265 Sq Ft Lot

Home Design

  • Mixed Use
  • Brick Exterior Construction

Interior Spaces

  • 4,370 Sq Ft Home
  • 2.5-Story Property
  • Ceiling Fan

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 642748042619001

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $501
  • Insurance Expense $5,499
  • Trash Expense $3,356
  • Water Sewer Expense $1,700
  • Gross Income $44,400
  • Net Operating Income $27,830

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,884

Year Built

Built in 1945

Lot Details

2,265 Sq Ft Lot

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Mixed Use
  • Technology: Cable
  • County Assessment: 239600.00
  • Stories: 2.5
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1945
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Bathrooms: Semi Modern
  • Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Square Footage: 4370

Exterior Features

  • Construction: Aluminum, Brick

Utilities

  • Cooling: Ceiling Fans
  • Heat Type: Baseboard, Oil
  • Sewer: Public
  • Water: Public
  • Electric: 501
  • Heat: 5514
  • Insurance: 5499
  • Trash Removal: 3356
  • Water Sewer: 1700

Lot Info

  • Acres: 0.052
  • Lot Sq Ft: 2265
  • Zoning Code: CL-LIMITED COMMERCIAL

Tax Info

  • Assessor Parcel Number: 642748042619001
  • County Taxes: 905.69
  • Municipal Taxes: 1487.92
  • Total Taxes: 6883.71

Multi Family

  • School Taxes: 4490.10
  • Total Units: 5
  • Total Unit Count: 5

MLS Schools

  • School District: Bethlehem

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Nov 29, 2024
Sold by
Bought by
Seller's Agent
Jason Kocsis
Home Team Real Estate
Buyer's Agent
Jason Kocsis
Home Team Real Estate
List Price
$499,900
Sold Price
$510,000
Premium/Discount to List
$10,100
2.02%
Views
21
Current Estimated Value
$541,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,260
Avg. Annual Appreciation
3.63%
Original Mortgage
$408,000
Interest Rate
0.0654%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 1986
Sold by
Bought by

Purchase Details

Closed on
Nov 22, 1985
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$510,000 First United Land Transfer
-- --
$120,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $408,000
Previous Owner $44,675
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/29/2024 11/29/24 Sold $510,000 +2.0% $117 / Sq Ft
09/10/2024 09/10/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $499,900 -- $114 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,047 $239,600 $17,600 $222,000
2025 $6,884 $239,600 $17,600 $222,000
2024 $6,805 $239,600 $17,600 $222,000
2023 $6,745 $239,600 $17,600 $222,000
2022 $6,855 $239,600 $222,000 $17,600
2021 $6,824 $239,600 $17,600 $222,000
2020 $6,606 $239,600 $17,600 $222,000
2019 $6,654 $239,600 $17,600 $222,000
2018 $6,524 $239,600 $17,600 $222,000
2017 $6,234 $239,600 $17,600 $222,000
2016 -- $239,600 $17,600 $222,000
2015 -- $239,600 $17,600 $222,000
2014 -- $239,600 $17,600 $222,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 744224

Greater Lehigh Valley REALTORS®

APN: 642748042619-1

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