Howard Schaeffer
RE/MAX Real Estate-Allentown
(484) 742-3993
262 Total Sales
9 in Downtown Bethlehem
$213K - $430K Price Range
516 E 4th St Bethlehem, PA 18015
Downtown Bethlehem NeighborhoodEstimated Value: $625,637
5
Beds
3.5
Baths
5,040
Sq Ft
$124/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.
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Property Details
Property Type
- Other
Est. Annual Taxes
- $4,084
Year Built
- Built in 1922
Lot Details
- 3,920 Sq Ft Lot
- Property is zoned cg
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
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
Mar 16, 2018
Closed on
Jun 15, 2018
Sold by
Seamless Acquisitions Llc
Bought by
Seller's Agent
Tom Cramer
Home Team Real Estate
Buyer's Agent
Carrie Ward
Howard Hanna 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
$310,637
Avg. Annual Appreciation
8.72%
Original Mortgage
$252,000
Outstanding Balance
$213,739
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$411,898
Purchase Details
Closed on
Oct 15, 2010
Sold by
Ritz Richard D and Ritz Carmen
Bought by
Seamless Acquisitions Llc
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Bethlehem, PA
-
Howard Schaeffer
-
Michael Strickland
Michael Strickland
Kurfiss Sotheby's International Realty
(610) 679-8842
34 Total Sales
2 in Downtown Bethlehem
$927,500 Price Range
-
Michael Dorney
Michael Dorney
Weichert Realtors
(484) 623-9933
106 Total Sales
2 in Downtown Bethlehem
$104K - $289K Price Range
-
Rob McCann
Rob McCann
Assist 2 Sell Buyers & Sellers Realty, LLC
(484) 666-0294
334 Total Sales
8 in Downtown Bethlehem
$131K - $320K Price Range
-
Heather Schierloh
Heather Schierloh
Real of Pennsylvania
(272) 213-3099
246 Total Sales
1 in Downtown Bethlehem
$295,000 Price
-
Jessianne Allen
Jessianne Allen
Sackman Realty
(848) 281-0542
116 Total Sales
1 in Downtown Bethlehem
$170,000 Price
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 |
|---|---|---|---|
| $315,000 | Lighthouse Abstract Ltd | ||
| Seamless Acquisitions Llc | $135,000 | None Available |
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 | $252,000 | ||
| Closed | 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
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 |
|---|---|---|---|---|
| 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
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 | $499 | $46,200 | $18,000 | $28,200 |
| 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
Seller's Agent in 2018
Tom Cramer
Home Team Real Estate
(610) 442-9871
4 in this area
98 Total Sales
-
Carrie Ward
Buyer's Agent in 2018
Carrie Ward
Howard Hanna TheFrederickGroup
(610) 398-0411
3 in this area
56 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 573776
APN: P6SE1B-25-6-0204
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.
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