NOT LISTED FOR SALE

Estimated Value: $244,000 - $281,351

3 Beds
2 Baths
1,548 Sq Ft
$166/Sq Ft Est. Value

Sale Details

Date Sold: May 24, 2024

Last sale price $265,000 $171 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,392 / mo

5 Days on Market

About This Home

As of May 2024

This is a great opportunity to own an updated 2-unit investment property in Bethlehem! Rent-ready, all you have to do is pick your tenants! ** OFFERING CLEAR C/O FROM CITY OF BETHLEHEM ** All utilities separated. 9.5% CAP RATE! Ideal for any investor looking to seamlessly add to their portfolio. This property is conveniently located near St. Lukes Hospital, Wind Creek Casino, Steel Stacks, Downtown Bethlehem, and only minutes from major roadways 378 & 22. The 1st floor unit has 1 bedroom, living room, kitchen, bath and bonus room to make into a home office or additional storage. The 2nd unit is large and includes 2 bedrooms, kitchen, bath and spacious attic offering ample space for additional storage and recreation. Freshly painted, this home boasts new floors, a brand new tub/bath on 2nd floor, new gutters all replaced in 2023 and new water line 2023. Schedule your showing today!

Last Agent to Sell the Property

Katie Ramos

Century 21 Ramos Realty License #AB069811 Listed on: 04/17/2024

Century 21 Ramos Realty

Co-Listed By

Ingrid Mera

Century 21 Ramos Realty

Last Buyer's Agent

Kathleen Reither

IronValley RE of Lehigh Valley

IronValley RE of Lehigh Valley

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,872

Year Built

  • Built in 1900

Lot Details

  • 2,000 Sq Ft Lot

Home Design

  • Semi-Detached or Twin Home
  • Brick Exterior Construction

Interior Spaces

  • 1,548 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number P6SW2C 2 5 0204

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $360
  • Insurance Expense $1,200
  • Maintenance Expense $1,200
  • Other Expense $200
  • Trash Expense $420
  • Water Sewer Expense $760
  • Operating Expense $7,011
  • Gross Income $29,700
  • Net Operating Income $22,689

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,872

Year Built

Built in 1900

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Semi Detached/Twin
  • County Assessment: 32400.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Square Footage: 1548

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: Ceiling Fans
  • Heat Type: Baseboard, Electric, Hot Water
  • Sewer: Public
  • Water: Public
  • Electric: 360
  • Insurance: 1200
  • Trash Removal: 420
  • Water Sewer: 760

Condo/Co-op/Association

  • Maintenance Repair: 1200

Fee Information

  • Operating Expense: 7011

Lot Info

  • Acres: 0.046
  • Lot Sq Ft: 2000
  • Zoning Code: RM-RESIDENTIAL

Rental Info

  • Other Expenses: 200

Tax Info

  • Assessor Parcel Number: P6SW2C 2 5 0204
  • County Taxes: 349.92
  • Municipal Taxes: 636.34
  • Total Taxes: 2871.94

Multi Family

  • School Taxes: 1885.68
  • Total Units: 2
  • Total Unit Count: 2

MLS Schools

  • School District: Bethlehem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
May 24, 2024
Sold by
Solderitch Stephen J
Bought by
Akabogu Alexander O
Seller's Agent
Katie Ramos
Century 21 Ramos Realty
Buyer's Agent
Kathleen Reither
IronValley RE of Lehigh Valley
List Price
$239,000
Sold Price
$265,000
Premium/Discount to List
$26,000
10.88%
Views
16
Current Estimated Value
$256,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,162
Avg. Annual Appreciation
-1.54%
Original Mortgage
$198,750
Outstanding Balance
$195,039
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$61,799

Purchase Details

Closed on
Oct 27, 2004
Sold by
Vorndran Robert
Bought by
Solderitch Stephen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2003
Sold by
H U D
Bought by
Vorndran Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
5.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Akabogu Alexander O $265,000 None Listed On Document
Akabogu Alexander O $265,000 None Listed On Document
Solderitch Stephen J $78,000 --
Vorndran Robert $52,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Akabogu Alexander O $198,750
Closed Akabogu Alexander O $198,750
Previous Owner Solderitch Stephen J $70,000
Previous Owner Vorndran Robert $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2024 05/24/24 Sold $265,000 +10.9% $171 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $239,000 -- $154 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

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
2026 $350 $32,400 $7,800 $24,600
2025 $350 $32,400 $7,800 $24,600
2024 $2,864 $32,400 $7,800 $24,600
2023 $2,864 $32,400 $7,800 $24,600
2022 $2,841 $32,400 $7,800 $24,600
2021 $2,822 $32,400 $7,800 $24,600
2020 $2,795 $32,400 $7,800 $24,600
2019 $2,786 $32,400 $7,800 $24,600
2018 $2,718 $32,400 $7,800 $24,600
2017 $2,686 $32,400 $7,800 $24,600
2016 -- $32,400 $7,800 $24,600
2015 -- $32,400 $7,800 $24,600
2014 -- $32,400 $7,800 $24,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 735463

Greater Lehigh Valley REALTORS®

APN: P6SW2C-2-5-0204

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