NOT LISTED FOR SALE

406 Linden St Bethlehem, PA 18018

Downtown Bethlehem Neighborhood

Estimated Value: $268,903 - $300,000

3 Beds
2 Baths
1,476 Sq Ft
$192/Sq Ft Est. Value

Last Sold April 21, 2017

Last sale price $149,000 $101 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,530/month

23 Days on Market

Highlights

  • Brick or Stone Veneer
  • Forced Air Heating System
  • Baseboard Heating

About This Home

As of April 2017

*LOCATION*LOCATION*LOCATION* graces this fantastic well maintained 2 unit nestled in the heart of beautiful Bethlehem. Walking distance to the downtown district, close to local eateries & entertainment & easily accessible to major thoroughfares makes this a perfect investment opportunity. UNIT 1 offers 1st floor living, 1 bedroom, 1 Bath, Living Room, eat in Kitchen & Basement with private washer, dryer and storage. UNIT 2 is featured on the 2nd and 3rd floor with 2 bedrooms 1 Bath, Eat in Kitchen w/ Dishwasher, Living Room & 3rd floor bonus space. Property is currently FULLY OCCUPIED, provides separate utilities, plenty of on street parking, and positive cash flow. Don't wait this will not last long.

Last Agent to Sell the Property

William Fonzone

Spectrum Real Estate Inc License #RS275432 Listed on: 03/07/2017

Last Buyer's Agent

Melissa Rusin

Realty One Group Exclusive

Realty One Group Exclusive

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,571

Year Built

  • Built in 1900

Lot Details

  • 1,260 Sq Ft Lot

Parking

  • Off-Site Parking

Home Design

  • Semi-Detached or Twin Home
  • Brick or Stone Veneer

Interior Spaces

  • 1,476 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number P6NE4B 6 11A 0204

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $420
  • Insurance Expense $1,113
  • Maintenance Expense $921
  • Trash Expense $372
  • Water Sewer Expense $756
  • Operating Expense $6,931
  • Gross Income $18,900
  • Net Operating Income $11,968

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,571

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Semi Detached/Twin
  • County Assessment: 40400.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Square Footage: 1476

Exterior Features

  • Construction: Brickote

Garage/Parking

  • Parking: Off Site

Utilities

  • Cooling: Window AC
  • Heat Type: Baseboard, Forced Air, Gas
  • Sewer: Public
  • Water: Public
  • Electric: 420
  • Insurance: 1113
  • Trash Removal: 372
  • Water Sewer: 756

Condo/Co-op/Association

  • Maintenance Repair: 921

Fee Information

  • Operating Expense: 6931

Lot Info

  • Acres: 0.029
  • Lot Sq Ft: 1260
  • Zoning Code: Rt-Residential

Tax Info

  • Assessor Parcel Number: P6NE4B 6 11A 0204
  • County Taxes: 436.32
  • Municipal Taxes: 773.26
  • Total Taxes: 3570.96

Multi Family

  • School Taxes: 2361.38
  • Total Units: 2
  • Total Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2022
Sold by
Olito Izabela A
Bought by
Olito Family Irrevocable Trust
Current Estimated Value
$282,976

Purchase Details

Closed on
Mar 6, 2020
Sold by
Rodionov Anton and Rodionov Tatiana
Bought by
Olito Izabela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2017
Closed on
Apr 21, 2017
Sold by
Smith Milton A and Curtis Stephanie
Bought by
Rodionova Tatiana and Rodinov Anton
Seller's Agent
William Fonzone
Spectrum Real Estate Inc
Buyer's Agent
Melissa Rusin
Realty One Group Exclusive
List Price
$159,900
Sold Price
$149,000
Premium/Discount to List
-$10,900
-6.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$111,750
Interest Rate
4.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 9, 2005
Sold by
Morrison Linda
Bought by
Smith Milton and Curtis,Stephanie

Purchase Details

Closed on
May 7, 2003
Sold by
Sandeno Timothy E
Bought by
Morrison Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,700
Interest Rate
5.93%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Olito Family Irrevocable Trust -- Montalto Nicholas T
Olito Family Irrevocable Trust -- None Listed On Document
Olito Izabela $160,000 Keystone Premier Setmnt Svcs
Rodionova Tatiana $149,000 None Available
Smith Milton $145,000 --
Morrison Linda L $97,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olito Izabela $120,000
Previous Owner Rodionova Tatiana $111,750
Previous Owner Morrison Linda L $87,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2017 04/21/17 Sold $149,000 -6.8% $101 / Sq Ft
03/30/2017 03/30/17 Pending -- -- --
03/07/2017 03/07/17 For Sale $159,900 -- $108 / 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 $436 $40,400 $8,600 $31,800
2024 $3,571 $40,400 $8,600 $31,800
2023 $3,571 $40,400 $8,600 $31,800
2022 $3,543 $40,400 $8,600 $31,800
2021 $3,519 $40,400 $8,600 $31,800
2020 $3,486 $40,400 $8,600 $31,800
2019 $3,474 $40,400 $8,600 $31,800
2018 $3,390 $40,400 $8,600 $31,800
2017 $3,349 $40,400 $8,600 $31,800
2016 -- $40,400 $8,600 $31,800
2015 -- $40,400 $8,600 $31,800
2014 -- $40,400 $8,600 $31,800
Source: Public Records

Agents Affiliated with this Home

  • William Fonzone

    Seller's Agent in 2017

    William Fonzone

    Spectrum Real Estate Inc

    (610) 509-1717

    William Fonzone
    Section Image
  • Melissa Rusin

    Buyer's Agent in 2017

    Melissa Rusin

    Realty One Group Exclusive

    (215) 872-2662

    118 Total Sales

    Melissa Rusin
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 540345

Greater Lehigh Valley REALTORS®

APN: P6NE4B-6-11A-0204

Pennsylvania Northampton County Bethlehem 18018 Downtown Bethlehem

406 Linden St, Bethlehem, PA

Not Listed for Sale

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