NOT LISTED FOR SALE

421 E Morton St Bethlehem, PA 18015

Downtown Bethlehem Neighborhood

Estimated Value: $178,557 - $272,000

4 Beds
2 Baths
1,172 Sq Ft
$198/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $190,000 $162 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,252/month

18 Days on Market

Highlights

  • Colonial Architecture
  • Ceiling Fan
  • Electric Baseboard Heater
  • No HOA

About This Home

As of October 2020

Turnkey, Lehigh University off-campus housing. Prime location within walking distance to the university. Fully occupied 4-bedroom/2-full bath. Gross rent of $22,800 for 2020-2021 school year- leased through 7/31/2021. Tenants pay electric and gas (heat & cooking). Owner pays W/S/T and internet. Appliances include full size washer & dryer, oven/range, microwave, and refrigerator. Property comes furnished and is complete with a fenced-in yard. Clear CO will be provided.

Last Agent to Sell the Property

Jennifer DeJesus

(610) 217-6330 jenniferldejesus@gmail.com Steel City Realty Listed on: 06/17/2020

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,017

Year Built

  • Built in 1916

Lot Details

  • 1,026 Sq Ft Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,172 Sq Ft Home
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven or Range
  • Microwave

Laundry

  • Dryer
  • Washer

Utilities

  • Electric Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for real estate taxes, water, trash collection, sewer
  • Tax Lot 12A
  • Assessor Parcel Number P6SE1B-24-12A-0204

Community Details

Overview

  • No Home Owners Association

Building Details

  • Trash Expense $396
  • Operating Expense $3,615
  • Net Operating Income $19,185

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,017

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1916
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Microwave, Refrigerator, Oven/Range - Gas, Washer
  • Interior Amenities: Ceiling Fan(s)
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1172
  • Living Area Sq Ft: 1172
  • Price Per Sq Ft: 170.56
  • Above Grade Finished Sq Ft: 1172
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 17900.00
  • Land Assessed Value: 5500.00
  • Lot Size Acres: 0.02
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1026.00
  • Zoning: CG

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Taxes - Real Estate, Water, Trash Collection, Sewer
  • Total Actual Rent: 22800.00
  • Units Furnished: All
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4409738
  • School Tax: 1314.00
  • Tax Annual Amount: 2017.00
  • Assessor Parcel Number: P6SE1B-24-12A-0204
  • Tax Lot: 12A
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

Multi Family

  • Gross Income: 22800.00
  • Operating Expense: 3615.00
  • Other Units: Unit 1

MLS Schools

  • School District Name: BETHLEHEM AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
Oct 9, 2020
Sold by
Ruhe Robert H and Ruhe Sandra D
Bought by
Hussain Amon and Jeddy Hana
Seller's Agent
Jennifer DeJesus
Steel City Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$199,900
Sold Price
$190,000
Premium/Discount to List
-$9,900
-4.95%
Current Estimated Value
$234,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,932
Avg. Annual Appreciation
3.90%
Original Mortgage
$142,500
Outstanding Balance
$126,746
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$105,143

Purchase Details

Closed on
Apr 1, 2003
Sold by
Zrinski Fraqnk
Bought by
Ruhe Robert

Purchase Details

Closed on
Dec 1, 1991
Bought by
Zrinski Frank L Sr Et and Zrinski Al
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hussain Amon $190,000 Parkland Abstract Corp
Ruhe Robert $51,050 --
Zrinski Frank L Sr Et -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hussain Amon $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2020 10/09/20 Sold $190,000 -5.0% $162 / Sq Ft
07/05/2020 07/05/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $199,900 -- $171 / Sq Ft
Source: Bright MLS

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 $253 $23,400 $5,500 $17,900
2024 $2,068 $23,400 $5,500 $17,900
2023 $2,068 $23,400 $5,500 $17,900
2022 $2,052 $23,400 $5,500 $17,900
2021 $2,038 $23,400 $5,500 $17,900
2020 $2,019 $23,400 $5,500 $17,900
2019 $2,012 $23,400 $5,500 $17,900
2018 $1,963 $23,400 $5,500 $17,900
2017 $1,940 $23,400 $5,500 $17,900
2016 -- $23,400 $5,500 $17,900
2015 -- $23,400 $5,500 $17,900
2014 -- $23,400 $5,500 $17,900
Source: Public Records

Agents Affiliated with this Home

  • Jennifer DeJesus

    Seller's Agent in 2020

    Jennifer DeJesus

    Steel City Realty

    (610) 217-6330

    3 in this area

    36 Total Sales

    Jennifer DeJesus
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Map

Source: Bright MLS

MLS Number: PANH106540

Bright MLS

APN: P6SE1B-24-12A-0204

Pennsylvania Northampton County Bethlehem 18015 Downtown Bethlehem

421 E Morton St, Bethlehem, PA

Not Listed for Sale

MultiFamily

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