NOT LISTED FOR SALE

516 Main St Hellertown, PA 18055

Estimated Value: $641,285

2 Beds
3 Baths
2,924 Sq Ft
$219/Sq Ft Est. Value

Last Sold July 09, 2024

Last sale price $625,000 $214 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,457/month

26 Days on Market

Highlights

  • Commercial or Retail Space
  • Saucon Valley Senior High School Rated 9+
  • Central Air

About This Home

As of July 2024

Ultra Modern commercial building with a residential apt located on Main St in Hellertown, boasting a comprehensive overhaul from top to bottom. This property stands out as one of the premier office spaces in the area. Recent updates include state-of-the-art gas heating, central air conditioning, upgraded plumbing, modernized electrical systems, and updated water and sewer lines. The building is equipped with a central security system connected to emergency services, ensuring a safe environment. Additionally, the entire premises are network-ready, facilitating seamless connectivity. Exterior enhancements feature newer siding, roofing, and windows, accompanied by superior insulation and energy-efficient LED lighting. The building comprises five well-appointed offices, a reception/waiting area, and ADA-compliant restroom facilities on both the first and second floors. Moreover, there is a beautifully renovated two-bedroom apartment on the second floor, meticulously maintained and featuring modern amenities. The apartment is outfitted with security and intercom systems, along with convenient in-unit washer & dryer facilities. Each unit has separate metered utilities and a private entrance at the rear of the building. The property also offers ample off-street parking for 7+ cars in the rear lot, enhancing convenience for tenants and visitors alike. With its prime location and exceptional condition, this property presents a lucrative investment opportunity.

Last Agent to Sell the Property

Anthony Ramos

Century 21 Ramos Realty License #RM425965 Listed on: 05/08/2024

Century 21 Ramos Realty

Last Buyer's Agent

Anthony Ramos

Century 21 Ramos Realty License #RM425965 Listed on: 05/08/2024

Century 21 Ramos Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,539

Year Built

  • Built in 1900

Lot Details

  • 5,754 Sq Ft Lot

Parking

  • 7 Parking Spaces

Home Design

  • 2,924 Sq Ft Home
  • Commercial or Retail Space
  • Stucco Exterior
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number Q7SW3A 2 3 0715

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $18,000
  • Net Operating Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,539

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial
  • County Assessment: 63700.00
  • 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: Modern
  • Bathrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Bedrooms: 2
  • Square Footage: 2924

Exterior Features

  • Construction: Stucco, Vinyl

Garage/Parking

  • Parking Spaces: 7

Utilities

  • Cooling: Central AC
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public

Schools

  • School District: Saucon Valley

Lot Info

  • Acres: 0.132
  • Lot Sq Ft: 5754
  • Zoning Code: TC-TOWN CENTER

Tax Info

  • Assessor Parcel Number: Q7SW3A 2 3 0715
  • County Taxes: 687.96
  • Municipal Taxes: 1369.55
  • Total Taxes: 5539.29

Multi Family

  • School Taxes: 3481.78
  • Total Units: 2
  • Total Unit Count: 2

MLS Schools

  • School District: Saucon Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
Jul 9, 2024
Sold by
516 Investment Group Llc
Bought by
Bay Hill Associates Llc
Seller's Agent
Anthony Ramos
Century 21 Ramos Realty
Buyer's Agent
Anthony Ramos
Century 21 Ramos Realty
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%
Views
8
Current Estimated Value
$641,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,285
Avg. Annual Appreciation
-0.09%
Original Mortgage
$350,000
Outstanding Balance
$346,465
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$277,813

Purchase Details

Listed on
Jul 24, 2020
Closed on
Dec 31, 2020
Sold by
Pure Realty Llc
Bought by
516 Investment Group Llc
Seller's Agent
Casey & Donna Foreman
CENTURY 21 Keim Realtors
Buyer's Agent
Austin Brown
Realty One Group Supreme
List Price
$389,900
Sold Price
$380,000
Premium/Discount to List
-$9,900
-2.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.18%
Original Mortgage
$273,750
Interest Rate
2.71%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 2, 2016
Closed on
Dec 29, 2016
Sold by
Tidd David W and Tidd Vera L
Bought by
Pure Realty Llc
Seller's Agent
Jeff Torchia
Preferred Properties Plus
Buyer's Agent
Casey & Donna Foreman
CENTURY 21 Keim Realtors
List Price
$399,900
Sold Price
$295,000
Premium/Discount to List
-$104,900
-26.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%
Original Mortgage
$221,250
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2014
Sold by
Tidd David W
Bought by
Tidd David W and Tidd Vera L

Purchase Details

Closed on
Apr 1, 2003
Sold by
Est Of Calvin Dauernheim
Bought by
Tidd David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
5.91%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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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

Date Buyer Sale Price Title Company
Bay Hill Associates Llc $625,000 None Listed On Document
516 Investment Group Llc $380,000 None Available
Pure Realty Llc $295,000 None Available
Tidd David W -- None Available
Tidd David $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bay Hill Associates Llc $350,000
Previous Owner 516 Investment Group Llc $273,750
Previous Owner Pure Realty Llc $221,250
Previous Owner Tidd David $101,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Sold $625,000 -3.8% $214 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $650,000 +71.1% $222 / Sq Ft
12/31/2020 12/31/20 Sold $380,000 -2.5% $134 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $389,900 +32.2% $137 / Sq Ft
12/30/2016 12/30/16 Sold $295,000 -26.2% $101 / Sq Ft
11/04/2016 11/04/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $399,900 -- $137 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $688 $63,700 $31,800 $31,900
2024 $5,539 $63,700 $31,800 $31,900
2023 $5,539 $63,700 $31,800 $31,900
2022 $5,461 $63,700 $31,800 $31,900
2021 $5,525 $63,700 $31,800 $31,900
2020 $5,525 $63,700 $31,800 $31,900
2019 $5,525 $63,700 $31,800 $31,900
2018 $5,451 $63,700 $31,800 $31,900
2017 $5,337 $63,700 $31,800 $31,900
2016 -- $63,700 $31,800 $31,900
2015 -- $63,700 $31,800 $31,900
2014 -- $63,700 $31,800 $31,900
Source: Public Records

Agents Affiliated with this Home

  • Anthony Ramos

    Seller's Agent in 2024

    Anthony Ramos

    Century 21 Ramos Realty

    (484) 695-4887

    3 in this area

    203 Total Sales

    Anthony Ramos
    Section Image
  • Casey & Donna Foreman

    Seller's Agent in 2020

    Casey & Donna Foreman

    CENTURY 21 Keim Realtors

    (610) 691-0535

    1 in this area

    102 Total Sales

    Casey & Donna Foreman
    Section Image

  • A

    Buyer's Agent in 2020

    Austin Brown

    Realty One Group Supreme

    (610) 321-3730

    2 in this area

    150 Total Sales

    Austin Brown
    Section Image
  • Jeff Torchia

    Seller's Agent in 2016

    Jeff Torchia

    Preferred Properties Plus

    (610) 360-6466

    7 in this area

    267 Total Sales

    Jeff Torchia
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 737205

Greater Lehigh Valley REALTORS®

APN: Q7SW3A-2-3-0715

Pennsylvania Northampton County Hellertown 18055

516 Main St, Hellertown, PA

This home is located at 516 Main St, Hellertown, PA 18055 since 08 May 2024 and is currently estimated at $641,285, approximately $219 per square foot. This property was built in 1900. 516 Main St is a home located in Northampton County with nearby schools including Saucon Valley Elementary School, Saucon Valley Senior High School, and Lehigh Valley Dual Language Charter School.

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.

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Information is deemed reliable but not guaranteed.

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