NOT LISTED FOR SALE

Estimated Value: $259,644 - $311,000

15 Beds
6 Baths
1,815 Sq Ft
$158/Sq Ft Est. Value

Last Sold March 14, 2020

Last sale price $370,000 $204 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $1,595/month

148 Days on Market

About This Home

As of March 2020

Investment Portfolio of Lehigh University student housing There are 2 units, each are detached and consists of 5 bedrooms and 2 full baths. The Pierce st property is both sides of the duplex making for a 10 bedroom unit, Good solid Cap Rate.

Last Agent to Sell the Property

Anthony Ramos

Century 21 Ramos Realty Listed on: 09/10/2019

Century 21 Ramos Realty

Last Buyer's Agent

james reardon

EXP Realty LLC License #RS342638

EXP Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1916

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 20x80
  • Property is zoned R1

Parking

  • Parking Permit Required

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 6 Full Bathrooms

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number P6SE1B-25-12

Community Details

Overview

Building Details

Home Details

Home Type

Single Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Both Halves, Detached, Duplex/Both Halves
  • Technology: Cable
  • County Assessment: 220200.00
  • Stories: 2.0
  • Street Number Modifier: 420
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1916
  • Special Features: None

Interior Features

  • Bathrooms: Semi Modern
  • Bathrooms: 6
  • Full Bathrooms: 6
  • Bedrooms: 15

Exterior Features

  • Construction: Aluminum

Garage/Parking

  • Parking: Permit

Utilities

  • Cooling: No Air
  • Heat Type: Gas, Radiator
  • Sewer: Public
  • Water: Public
  • Insurance: 3204
  • Trash Removal: 768

Condo/Co-op/Association

  • Lawn Snow Removal: 510
  • Maintenance Repair: 3000
  • Management: 3600

Fee Information

  • Operating Expense: 20616

Schools

  • School District: Bethlehem

Lot Info

  • Acres: 0.040
  • Lot Dimensions: 20x80
  • Zoning Code: R1

Rental Info

  • Other Expenses: 330

Tax Info

  • Assessor Parcel Number: P6SE1B-25-12
  • County Taxes: 2378.16
  • Municipal Taxes: 4214.63
  • Total Taxes: 19463.48

Multi Family

  • School Taxes: 12870.69
  • Total Units: 3
  • Total Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2019
Closed on
Mar 13, 2020
Sold by
Jenkins Lewis Brooke and Jenkins Lewis Danielle
Bought by
Nimma Srinivas R
Seller's Agent
Anthony Ramos
Century 21 Ramos Realty
Buyer's Agent
james reardon
EXP Realty LLC
List Price
$750,000
Sold Price
$370,000
Premium/Discount to List
-$380,000
-50.67%
Current Estimated Value
$286,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$83,339
Avg. Annual Appreciation
-4.58%
Original Mortgage
$138,750
Outstanding Balance
$118,147
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$168,514

Purchase Details

Listed on
Aug 14, 2014
Closed on
Jun 19, 2015
Sold by
Edmund Robert L and Edmund Gloria S
Bought by
Jenkins Lewis Brooke and Jenkins Lewis Danielle
Seller's Agent
Anthony Ramos
Century 21 Ramos Realty
Buyer's Agent
Anthony Ramos
Century 21 Ramos Realty
List Price
$278,000
Sold Price
$260,000
Premium/Discount to List
-$18,000
-6.47%

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
$104,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1988
Bought by
Hecker Wayne E and Hecker Janie 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
Nimma Srinivas R $185,000 Parkland Abstract Corp
Jenkins Lewis Brooke $130,000 None Available
Hecker Wayne E $65,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nimma Srinivas R $138,750
Previous Owner Jenkins Lewis Brooke $104,000
Previous Owner Edmund Robert L $85,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2020 03/14/20 Sold $370,000 -50.7% $204 / Sq Ft
02/05/2020 02/05/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $750,000 0.0% $413 / Sq Ft
12/17/2019 12/17/19 Pending -- -- --
09/10/2019 09/10/19 For Sale $750,000 +188.5% $413 / Sq Ft
06/19/2015 06/19/15 Sold $260,000 -6.5% $143 / Sq Ft
04/01/2015 04/01/15 Pending -- -- --
08/14/2014 08/14/14 For Sale $278,000 -- $153 / 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 $401 $37,100 $6,900 $30,200
2024 $3,279 $37,100 $6,900 $30,200
2023 $3,279 $37,100 $6,900 $30,200
2022 $3,254 $37,100 $6,900 $30,200
2021 $3,232 $37,100 $6,900 $30,200
2020 $3,201 $37,100 $6,900 $30,200
2019 $3,190 $37,100 $6,900 $30,200
2018 $3,113 $37,100 $6,900 $30,200
2017 $3,076 $37,100 $6,900 $30,200
2016 -- $37,100 $6,900 $30,200
2015 -- $31,000 $6,900 $24,100
2014 -- $31,000 $6,900 $24,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 622705

Greater Lehigh Valley REALTORS®

APN: P6SE1B-25-11-0204