NOT LISTED FOR SALE

508 Pawnee St Bethlehem, PA 18015

Downtown Bethlehem Neighborhood

Estimated Value: $273,202

3 Beds
2 Baths
1,548 Sq Ft
$176/Sq Ft Est. Value

Sale Details

Date Sold: May 24, 2024

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

Est. 3% increase in value since last sale

Current estimated payment $1,584 / 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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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

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 Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
May 24, 2024
Sold by
Solderitch Stephen J
Bought by
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
$273,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,202
Avg. Annual Appreciation
1.32%
Original Mortgage
$198,750
Outstanding Balance
$194,087
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$79,115

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Bethlehem, PA

  • Patricia Spitzer Real Estate Agent - Weichert Realtors - Allentown

    Patricia Spitzer

    Weichert Realtors - Allentown

    (484) 742-3390

    184 Total Sales

    5 in Downtown Bethlehem

    $105K - $425K Price Range

    Patricia Spitzer
     Section Image
  • Rebecca Miklas Real Estate Agent - Miklas Realty

    Rebecca Miklas

    Miklas Realty

    (484) 246-8396

    124 Total Sales

    1 in Downtown Bethlehem

    $160,000 Price

    Rebecca Miklas
     Section Image
  • Sureya Lococo Real Estate Agent - RE/MAX Real Estate

    Sureya Lococo

    RE/MAX Real Estate

    (484) 666-0504

    98 Total Sales

    4 in Downtown Bethlehem

    $215K - $385K Price Range

    Sureya Lococo
     Section Image
  • Shabana Pathan Real Estate Agent - Keller Williams Real Estate - Bethlehem

    Shabana Pathan

    Keller Williams Real Estate - Bethlehem

    (484) 666-3084

    336 Total Sales

    7 in Downtown Bethlehem

    $85K - $360K Price Range

    Shabana Pathan
     Section Image
  • Deborah Landregan Real Estate Agent - Iron Valley Real Estate Lower Gwynedd

    Deborah Landregan

    Iron Valley Real Estate Lower Gwynedd

    (484) 806-8831

    56 Total Sales

    1 in Downtown Bethlehem

    $360,000 Price

    Deborah Landregan
     Section Image
  • Deana Corrigan Real Estate Agent - Compass RE

    Deana Corrigan

    Compass RE

    (888) 605-3983

    269 Total Sales

    1 in Downtown Bethlehem

    $349,000 Price

    Deana Corrigan
     Section Image
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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
$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 $198,750
Previous Owner Solderitch Stephen J $70,000
Previous Owner Vorndran Robert $52,000
Source: Public Records

Property 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 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

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

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

  • Katie Ramos Real Estate Agent - Century 21 Ramos Realty

    Seller's Agent in 2024

    Katie Ramos

    Century 21 Ramos Realty

    (484) 241-6954

    8 in this area

    108 Total Sales

    Katie Ramos
    Section Image

  • IM

    Seller Co-Listing Agent in 2024

    Ingrid Mera

    Century 21 Ramos Realty

    (484) 347-1522

    4 in this area

    20 Total Sales

    Ingrid Mera
    Section Image

  • KR

    Buyer's Agent in 2024

    Kathleen Reither

    IronValley RE of Lehigh Valley

    (610) 653-2598

    5 in this area

    48 Total Sales

    Kathleen Reither
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 735463

Greater Lehigh Valley REALTORS®

APN: P6SW2C-2-5-0204

Pennsylvania Northampton County Bethlehem 18015 Downtown Bethlehem

508 Pawnee St, Bethlehem, PA

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.

Greater Lehigh Valley REALTORS® 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.

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