Seller's Agent in 2022
David Coleman
RE/MAX
(484) 951-3931
1 in this area
77 Total Sales
506 W 3rd St Bethlehem, PA 18015
Downtown Bethlehem Neighborhood
--
Bed
--
Bath
10,713
Sq Ft
0.42
Acres
Highlights
- 0.42 Acre Lot
- Balcony
- Commercial or Retail Space
- Wood Flooring
- Patio
- Forced Air Heating and Cooling System
About This Home
As of June 2022SOUTH BETHLEHEM MULTI-UNIT. This is a classic, former mansion conversion to a 7 units (3-1BR, 3-2BR, 1-3BR) complex.
Long term Owners have meticulously maintained and updated this property. Historic vacancy rates are extremely low due to convenience of location to all Third St. amenities, St. Lukes Hospital, and Lehigh University. Units all have refrigerators, oven/stove, microwave, dishwashers, and some have individual laundry. Off street parking on a paved lot can accommodate up to 10 cars. On street also available. Showings available every Tuesday, Thursday, and Saturday between 12-2pm.
Last Agent to Sell the Property
RE/MAX Real Estate License #AB066275 Listed on: 04/09/2022
Property Details
Property Type
- Other
Est. Annual Taxes
- $13,532
Year Built
- Built in 1925
Lot Details
- 0.42 Acre Lot
- Property is zoned RG-RESIDENTIAL
Home Design
- Commercial or Retail Space
- Brick Exterior Construction
Interior Spaces
- 10,713 Sq Ft Home
- 3-Story Property
- Wood Flooring
- Washer and Dryer Hookup
Home Security
- Fire and Smoke Detector
- Fire Escape
Parking
- 10 Parking Spaces
- Paved Parking
Outdoor Features
- Balcony
- Patio
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number P6SW2B 4 1 0204
Community Details
Overview
- 7 Units
Building Details
- Electric Expense $530
- Insurance Expense $5,200
- Maintenance Expense $4,250
- Trash Expense $960
- Water Sewer Expense $2,250
- Operating Expense $28,996
- Gross Income $82,800
- Net Operating Income $53,804
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/17/2022 06/17/22 | Sold | $925,000 | +2.8% | $86 / Sq Ft |
| 04/18/2022 04/18/22 | Pending | -- | -- | -- |
| 04/09/2022 04/09/22 | For Sale | $900,000 | -- | $84 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
Tax History Compared to Growth
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 | $1,666 | $154,300 | $29,400 | $124,900 |
| 2024 | $13,639 | $154,300 | $29,400 | $124,900 |
| 2023 | $13,639 | $154,300 | $29,400 | $124,900 |
| 2022 | $13,532 | $154,300 | $29,400 | $124,900 |
| 2021 | $13,441 | $154,300 | $29,400 | $124,900 |
| 2020 | $13,313 | $154,300 | $29,400 | $124,900 |
| 2019 | $13,268 | $154,300 | $29,400 | $124,900 |
| 2018 | $12,946 | $154,300 | $29,400 | $124,900 |
| 2017 | $12,791 | $154,300 | $29,400 | $124,900 |
| 2016 | -- | $154,300 | $29,400 | $124,900 |
| 2015 | -- | $154,300 | $29,400 | $124,900 |
| 2014 | -- | $154,300 | $29,400 | $124,900 |
Source: Public Records
Agents Affiliated with this Home
-
David Coleman
-
Debra Lush
Seller Co-Listing Agent in 2022
Debra Lush
RE/MAX
(484) 664-7419
2 in this area
46 Total Sales
-
Jared Erhart
Buyer's Agent in 2022
Jared Erhart
Home Team Real Estate
(610) 248-4851
13 in this area
194 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 690756
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes
- 432 Cherokee St
- 436 Pawnee St
- 424 W 4th St
- 419 W 4th St
- 451 Brighton St
- 445 Montclair Ave
- 463 Montclair Ave
- 715 Itaska St
- 634 Ontario St
- 15 W 2nd St
- 11 W 2nd St Unit 366
- 641 Martins Ln
- 901 Vernon St
- 731 Fiot Ave
- 820 Walton St
- 616 Christian St
- 911 Wyandotte St
- 1019 Delaware Ave
- 4311 Stonebridge Dr
- 963 Wyandotte St
- 402 Cherokee St Unit 4
- 315 Cherokee St
- 313 Cherokee St
- 317 Cherokee St
- 311 Cherokee St
- 531 W 3rd St
- 309 Cherokee St
- 404 Seneca St
- 404 Seneca St Unit D
- 404 Seneca St Unit E
- 404 Seneca St Unit G
- 404 Seneca St Unit B
- 403 Cherokee St
- 403 Cherokee St Unit 2
- 403 Cherokee St Unit 5
- 505 W 4th St
- 414 Cherokee St
- 414 Cherokee St Unit 3
- 414 Cherokee St Unit 1
- 444 W 3rd St Unit 6