NOT LISTED FOR SALE

Estimated Value: $221,354 - $325,000

4 Beds
2 Baths
1,478 Sq Ft
$184/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $160,000 $108 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,515/month

85 Days on Market

Highlights

  • Baseboard Heating
  • 2 Car Garage
  • 2-minute walk to Martin Luther king Jr park

About This Home

As of November 2019

STUDENT HOUSING Turn Key Investment BIG RETURNS! Gross income $27,600. Net Income $22,836. Perfect location on Bethlehem's thriving and growing Southside. Walk to campus, stores and entertainment. Easy to rent and manage. Owner has other projects to pursue and is sad to sell. Southside prices are rising quickly. Here is your chance to acquire a cash cow!

Last Agent to Sell the Property

Gary Elbert

Bellman & Radcliff Listed on: 07/18/2019

Co-Listed By

Evelyn Martinez

Bellman & Radcliff

Last Buyer's Agent

Michael Vasquez

Realty One Group Supreme License #RS347309

Realty One Group Supreme

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,943

Year Built

  • Built in 1900

Lot Details

  • 3,485

Parking

  • 2 Car Garage

Home Design

  • Semi-Detached or Twin Home
  • Brick Exterior Construction

Interior Spaces

  • 1,478 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Radiator
  • Baseboard Heating

Community Details

  • Insurance Expense $1,620
  • Trash Expense $480
  • Operating Expense $4,973
  • Gross Income $27,600
  • Net Operating Income $22,627

Listing and Financial Details

  • Assessor Parcel Number P6SW2C 10 6 0204

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,943

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: 33300.00
  • 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: 4
  • Square Footage: 1478

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Garage
  • Parking Spaces: 2

Utilities

  • Cooling: Window AC
  • Heat Type: Baseboard, Radiator
  • Sewer: Public
  • Water: Public
  • Insurance: 1620
  • Trash Removal: 480

Fee Information

  • Operating Expense: 4973

Schools

  • School District: Bethlehem

Lot Info

  • Zoning Code: PA095

Tax Info

  • Assessor Parcel Number: P6SW2C 10 6 0204
  • County Taxes: 359.64
  • Municipal Taxes: 637.36
  • Total Taxes: 2943.39

Multi Family

  • School Taxes: 1946.39
  • Total Units: 1
  • Total Unit Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Nov 1, 2019
Sold by
Keystone Real Estate Investments Llc
Bought by
Huang Chenguang
Seller's Agent
Gary Elbert
Bellman & Radcliff
Buyer's Agent
Michael Vasquez
Realty One Group Supreme
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%
Current Estimated Value
$272,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,589
Avg. Annual Appreciation
9.59%
Original Mortgage
$120,000
Outstanding Balance
$105,797
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$166,792

Purchase Details

Closed on
Nov 30, 2017
Sold by
Thiel Charles F and Thiel Annette E
Bought by
Keystone Real Estate Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 26, 2008
Sold by
Thiel Charles F and Thiel Annette E
Bought by
Thiel Charles F and Thiel Annette E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2003
Sold by
Haltzman Jay
Bought by
Thiel Charles F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
5.95%
Mortgage Type
New Conventional
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
Huang Chenguang $160,000 Lighthouse Abstract Ltd
Keystone Real Estate Investments Llc $87,500 Imagine Abstract Llc
Thiel Charles F -- None Available
Thiel Charles F $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Chenguang $120,000
Previous Owner Keystone Real Estate Investments Llc $107,000
Previous Owner Keystone Real Estate Investments Llc $24,000
Previous Owner Keystone Real Estate Investments Llc $83,000
Previous Owner Keystone Real Estate Investments Llc $24,000
Previous Owner Thiel Charles F $93,850
Previous Owner Thiel Charles F $94,500
Previous Owner Thiel Charles F $112,000
Previous Owner Thiel Charles F $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2019 11/01/19 Sold $160,000 -8.6% $108 / Sq Ft
10/11/2019 10/11/19 Pending -- -- --
08/06/2019 08/06/19 Price Changed $175,000 0.0% $118 / Sq Ft
08/06/2019 08/06/19 For Sale $175,000 -2.8% $118 / Sq Ft
07/25/2019 07/25/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $180,000 -- $122 / 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 $360 $33,300 $9,700 $23,600
2024 $2,943 $33,300 $9,700 $23,600
2023 $2,943 $33,300 $9,700 $23,600
2022 $2,920 $33,300 $9,700 $23,600
2021 $2,901 $33,300 $9,700 $23,600
2020 $2,873 $33,300 $9,700 $23,600
2019 $2,863 $33,300 $9,700 $23,600
2018 $2,794 $33,300 $9,700 $23,600
2017 $2,761 $33,300 $9,700 $23,600
2016 -- $33,300 $9,700 $23,600
2015 -- $33,300 $9,700 $23,600
2014 -- $33,300 $9,700 $23,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 616660

Greater Lehigh Valley REALTORS®

APN: P6SW2C 10 6 0204