Seller's Agent in 2018
Tom Cramer
Home Team Real Estate
(610) 442-9871
5 in this area
107 Total Sales
516 E 4th St Bethlehem, PA 18015
Downtown Bethlehem NeighborhoodEstimated Value: $602,436
5
Beds
3.5
Baths
5,040
Sq Ft
$120/Sq Ft
Est. Value
About This Home
As of June 2018Large commercial space on first floor with 1/2 bath for customers (currently used as a barber shop) $1000 month/3 year lease. Also 1st floor full bath, living room/office and full kitchen. Rooming house above with full kitchen, 2 full bathrooms, common area, and 5 individual rooms. Weekly rentals, long history of tenants. Never vacant! Pay to stay, owner is always one week ahead, there is an electronic key carded access lock. If tenant doesn't pay you can disable their card. Its's that easy. There is also an over sized detached garage that has the potential for more income.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,084
Year Built
- Built in 1922
Lot Details
- 3,920 Sq Ft Lot
Home Design
- Commercial or Retail Space
- Mixed Use
- Brick Exterior Construction
- Stucco Exterior
Interior Spaces
- 5,040 Sq Ft Home
- 3-Story Property
- Fire and Smoke Detector
Bedrooms and Bathrooms
- 5 Bedrooms
Parking
- 3 Parking Spaces
- Unpaved Parking
Utilities
- No Cooling
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number P6SE1B2560204
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $2,771
- Insurance Expense $1,500
- Trash Expense $704
- Water Sewer Expense $1,378
- Operating Expense $7,640
- Gross Income $43,200
- Net Operating Income $35,560
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 16, 2018
Closed on
Jun 15, 2018
Sold by
Seamless Acquisitions Llc
Bought by
R L P 2 Llc
Seller's Agent
Tom Cramer
Home Team Real Estate
Buyer's Agent
Carrie Ward
HowardHanna TheFrederickGroup
List Price
$339,900
Sold Price
$315,000
Premium/Discount to List
-$24,900
-7.33%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,436
Avg. Annual Appreciation
9.38%
Original Mortgage
$252,000
Outstanding Balance
$218,852
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$383,584
Purchase Details
Closed on
Oct 15, 2010
Sold by
Ritz Richard D and Ritz Carmen
Bought by
Seamless Acquisitions Llc
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
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| R L P 2 Llc | $315,000 | Lighthouse Abstract Ltd | |
| Seamless Acquisitions Llc | $135,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | R L P 2 Llc | $252,000 | |
| Previous Owner | Between Seamless Acquisitions Llc | $432,600 | |
| Previous Owner | Ritz Richard D | $87,300 | |
| Previous Owner | Ritz Richard D | $20,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2018 06/18/18 | Sold | $315,000 | -7.3% | $63 / Sq Ft |
| 04/23/2018 04/23/18 | Pending | -- | -- | -- |
| 03/16/2018 03/16/18 | For Sale | $339,900 | -- | $67 / 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 | $499 | $46,200 | $18,000 | $28,200 |
| 2024 | $4,084 | $46,200 | $18,000 | $28,200 |
| 2023 | $4,084 | $46,200 | $18,000 | $28,200 |
| 2022 | $4,052 | $46,200 | $18,000 | $28,200 |
| 2021 | $4,024 | $46,200 | $18,000 | $28,200 |
| 2020 | $3,986 | $46,200 | $18,000 | $28,200 |
| 2019 | $3,973 | $46,200 | $18,000 | $28,200 |
| 2018 | $3,876 | $46,200 | $18,000 | $28,200 |
| 2017 | $3,830 | $46,200 | $18,000 | $28,200 |
| 2016 | -- | $46,200 | $18,000 | $28,200 |
| 2015 | -- | $46,200 | $18,000 | $28,200 |
| 2014 | -- | $46,200 | $18,000 | $28,200 |
Source: Public Records
Agents Affiliated with this Home
-
Tom Cramer
-
Carrie Ward
Buyer's Agent in 2018
Carrie Ward
HowardHanna TheFrederickGroup
(610) 398-0411
4 in this area
58 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 573776
APN: P6SE1B-25-6-0204
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