NOT LISTED FOR SALE

Estimated Value: $297,000 - $703,791

5 Beds
2 Baths
2,366 Sq Ft
$218/Sq Ft Est. Value

Last Sold September 17, 2020

Last sale price $450,000 $190 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,760/month

Highlights

  • Traditional Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of September 2020

Turnkey, Lehigh University off-campus housing. Fully occupied 5-bedroom/2-full bath. Tenants pay all utilities. Appliances include washer/dryer, dishwasher, oven/range, and refrigerator. Gross rent of $48,000 for 2020-2021 school year. Pre-leased for the 2021-2022 & 2022-2023 school years with gross income of $48,000/school year. Clear CO's will be provided. More student housing properties and packages available- please call for details

Last Agent to Sell the Property

Jennifer DeJesus

(610) 217-6330 jenniferldejesus@gmail.com Steel City Realty Listed on: 06/18/2020

Last Buyer's Agent

Roger Valois

(267) 614-3046 rvalois123@yahoo.com Keller Williams Real Estate-Doylestown License #RS323805

Keller Williams Real Estate-Doylestown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,965

Year Built

  • Built in 1890

Lot Details

  • 2,000 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,366 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for insurance, trash collection, real estate taxes
  • Assessor Parcel Number P6SE1C-4-5-0204

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $858
  • Trash Expense $384
  • Operating Expense $4,210
  • Net Operating Income $43,790

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,965

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Remarks Public: Turnkey, Lehigh University off-campus housing. Fully occupied 5-bedroom/2-full bath. Tenants pay all utilities. Appliances include washer/dryer, dishwasher, oven/range, and refrigerator. Gross rent of $48,000 for 2020-2021 school year. Pre-leased for the 2021-2022 & 2022-2023 school years with gross income of $48,000/school year. Clear CO's will be provided. More student housing properties and packages available- please call for details
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2366
  • Living Area Sq Ft: 2366
  • Price Per Sq Ft: 202.87
  • Above Grade Finished Sq Ft: 2366
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 426

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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: BETHLEHEM AREA
  • School District Key: 300200397046
  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 26600.00
  • Land Assessed Value: 7800.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2000.00
  • Year Assessed: 2020
  • Zoning: RM

Rental Info

  • Owner Pays: Insurance, Trash Collection, Taxes - Real Estate
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4410064
  • School Tax: 1932.00
  • Tax Annual Amount: 2965.00
  • Assessor Parcel Number: P6SE1C-4-5-0204
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 09/17/2020

Multi Family

  • Gross Income: 48000.00
  • Operating Expense: 4210.00
  • Other Units: Unit 1

MLS Schools

  • School District Name: BETHLEHEM AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Sep 15, 2020
Sold by
Miller Craig
Bought by
William T Hutchinson Real Estate Llc
Seller's Agent
Jennifer DeJesus
Steel City Realty
Buyer's Agent
Roger Valois
Keller Williams Real Estate-Doylestown
List Price
$480,000
Sold Price
$450,000
Premium/Discount to List
-$30,000
-6.25%
Current Estimated Value
$514,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,698
Avg. Annual Appreciation
2.89%

Purchase Details

Closed on
Aug 1, 1993
Bought by
Pearl Joseph
Source: Public Records

Range of Values:

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Average Value
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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
William T Hutchinson Real Estate Llc $450,000 Tohickon Settlement Svcs Inc
Pearl Joseph $60,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2020 09/17/20 Sold $450,000 -6.3% $190 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $480,000 -- $203 / 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 $372 $34,400 $7,800 $26,600
2024 $3,041 $34,400 $7,800 $26,600
2023 $3,041 $34,400 $7,800 $26,600
2022 $3,017 $34,400 $7,800 $26,600
2021 $2,997 $34,400 $7,800 $26,600
2020 $2,968 $34,400 $7,800 $26,600
2019 $2,958 $34,400 $7,800 $26,600
2018 $2,886 $34,400 $7,800 $26,600
2017 $2,852 $34,400 $7,800 $26,600
2016 -- $34,400 $7,800 $26,600
2015 -- $34,400 $7,800 $26,600
2014 -- $34,400 $7,800 $26,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PANH106556

Bright MLS

APN: P6SE1C-4-5-0204