NOT LISTED FOR SALE
Studio
-- Bath
4,440 Sq Ft
3,500 Sq Ft Lot

Last Sold October 29, 2021

Last sale price $1,300,000 $293 Per Sq Ft

121 Days on Market

About This Home

As of October 2021

Rare Opportunity to be part of Historic North Side Bethlehem. This property houses a long term retail tenant. The second and third floors are A++ high tech office space which was recently completed. The office suites are move in ready and are located in a prime downtown location.

Last Agent to Sell the Property

Garrett Benner

Boutique One Properties LLC Listed on: 03/01/2021

Last Buyer's Agent

Wade Ames

Weichert Realtors

Weichert Realtors

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,832

Year Built

  • Built in 1880

Lot Details

  • 3,500 Sq Ft Lot
  • Property is zoned CB-COMMERCIAL BUSINESS

Home Design

  • 4,440 Sq Ft Home
  • Commercial or Retail Space
  • Mixed Use
  • Brick Exterior Construction

Parking

  • 2 Parking Spaces
  • Paved Parking

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number P6NE1D 14 22 0204

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $4,000
  • Trash Expense $1,500
  • Water Sewer Expense $3,500
  • Operating Expense $17,191
  • Gross Income $106,364
  • Net Operating Income $89,173

Property Details

Property Type

Other

Est. Annual Taxes

$7,832

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial, Mixed Use
  • County Assessment: 88300.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1880
  • Special Features: None

Interior Features

  • Square Footage: 4440

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 2

Utilities

  • Cooling: Central AC
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 4000
  • Trash Removal: 1500
  • Water Sewer: 3500

Fee Information

  • Operating Expense: 17191

Lot Info

  • Acres: 0.080
  • Lot Sq Ft: 3500
  • Zoning Code: CB-COMMERCIAL BUSINESS

Tax Info

  • Assessor Parcel Number: P6NE1D 14 22 0204
  • County Taxes: 1041.94
  • Municipal Taxes: 1690.06
  • Total Taxes: 7832.21

Multi Family

  • School Taxes: 5100.21
  • Total Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Oct 29, 2021
Sold by
Cti Pa Investments Llc
Bought by
Stiegler Wells Llc
Seller's Agent
Garrett Benner
Boutique One Properties LLC
Buyer's Agent
Wade Ames
Weichert Realtors
List Price
$1,399,000
Sold Price
$1,300,000
Premium/Discount to List
-$99,000
-7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$784,000
Outstanding Balance
$716,485
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2016
Sold by
Matador Holdings Company Llc
Bought by
Cti Pa Investments Llc

Purchase Details

Closed on
Oct 29, 2015
Sold by
Snoey Properties Llc
Bought by
Matador Holdings Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.88%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 10, 2011
Sold by
Mittl Melissa A
Bought by
Snoey Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.46%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stiegler Wells Llc $1,300,000 Penn Title Company
Cti Pa Investments Llc $700,000 None Available
Matador Holdings Co Llc $375,000 Attorney
Snoey Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stiegler Wells Llc $784,000
Previous Owner Matador Holdings Co Llc $375,000
Previous Owner Snoey Properties Llc $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $1,300,000 -7.1% $293 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $1,399,000 -- $315 / 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
2025 $954 $88,300 $42,500 $45,800
2024 $7,805 $88,300 $42,500 $45,800
2023 $7,805 $88,300 $42,500 $45,800
2022 $7,744 $88,300 $42,500 $45,800
2021 $7,692 $88,300 $42,500 $45,800
2020 $7,619 $88,300 $42,500 $45,800
2019 $7,593 $88,300 $42,500 $45,800
2018 $7,408 $88,300 $42,500 $45,800
2017 $7,320 $88,300 $42,500 $45,800
2016 -- $88,300 $42,500 $45,800
2015 -- $88,300 $42,500 $45,800
2014 -- $88,300 $42,500 $45,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 661445

Greater Lehigh Valley REALTORS®

APN: P6NE1D-14-22-0204