NOT LISTED FOR SALE

Estimated Value: $302,802

-- Bed
-- Bath
1,999 Sq Ft
$151/Sq Ft Est. Value

Last Sold October 19, 2022

Last sale price $245,000 $123 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,633/month

94 Days on Market

About This Home

As of October 2022

Lehigh University and New Restaurants threwout South Bethlehem have increased Real Estate values in the area. Come check out this 3 unit. That is priced well below the market. First floor store is being Renovated with new flooring and ceiling tiles and painted threwout. Apartment's are long term tenants and can be raised to market rents, see notes. Call for appointment to view.
Selling in as is condition.

Last Agent to Sell the Property

Paula Antario

Twin Rivers Real Estate LLC License #RM423558 Listed on: 05/17/2022

Last Buyer's Agent

Tzvi Ausubel

RESQ Realty Services Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,767

Year Built

  • Built in 1920

Lot Details

  • 2,004

Home Design

  • Mixed Use
  • Frame Construction

Interior Spaces

  • 3-Story Property
  • Fire and Smoke Detector

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number P6SE182420204

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,800
  • Water Sewer Expense $1,200
  • Operating Expense $3,600
  • Gross Income $29,400
  • Net Operating Income $25,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,767

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Mixed Use
  • Technology: Smk Detector Battery
  • County Assessment: 31300.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1920
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Bathrooms: Semi Modern

Exterior Features

  • Construction: Frame

Utilities

  • Cooling: No Air
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 1800
  • Water Sewer: 1200

Fee Information

  • Operating Expense: 3600

Schools

  • School District: Bethlehem

Lot Info

  • Zoning Code: Mix use

Tax Info

  • Assessor Parcel Number: P6SE182420204
  • County Taxes: 338.04
  • Municipal Taxes: 599.08
  • Total Taxes: 2766.61

Multi Family

  • School Taxes: 1829.49
  • Total Units: 3
  • Total Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Oct 19, 2022
Sold by
Kck Realty Llc
Bought by
Lehigh Student Housing I Llc
Seller's Agent
Paula Antario
Twin Rivers Real Estate LLC
Buyer's Agent
Tzvi Ausubel
RESQ Realty Services Inc
List Price
$295,000
Sold Price
$245,000
Premium/Discount to List
-$50,000
-16.95%
Current Estimated Value
$302,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,802
Avg. Annual Appreciation
6.99%
Original Mortgage
$230,000
Outstanding Balance
$179,557
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$119,257

Purchase Details

Closed on
May 10, 2005
Sold by
Deka Mitrajyoti
Bought by
Kck Realty

Purchase Details

Closed on
May 1, 1989
Bought by
Deka Mitrajyoti and Deka Deepali
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
Lehigh Student Housing I Llc $245,000 --
Kck Realty $89,000 --
Deka Mitrajyoti $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lehigh Student Housing I Llc $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2022 10/19/22 Sold $245,000 -10.9% $123 / Sq Ft
08/19/2022 08/19/22 Pending -- -- --
06/29/2022 06/29/22 Price Changed $275,000 -6.8% $138 / Sq Ft
05/31/2022 05/31/22 For Sale $295,000 0.0% $148 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $295,000 -- $148 / 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 $338 $31,300 $19,600 $11,700
2024 $2,767 $31,300 $19,600 $11,700
2023 $2,767 $31,300 $19,600 $11,700
2022 $2,745 $31,300 $19,600 $11,700
2021 $2,727 $31,300 $19,600 $11,700
2020 $2,701 $31,300 $19,600 $11,700
2019 $2,691 $31,300 $19,600 $11,700
2018 $2,626 $31,300 $19,600 $11,700
2017 $2,595 $31,300 $19,600 $11,700
2016 -- $31,300 $19,600 $11,700
2015 -- $31,300 $19,600 $11,700
2014 -- $31,300 $19,600 $11,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 693215

Greater Lehigh Valley REALTORS®

APN: P6SE1B-24-2-0204