$380,000
SOLD DEC 31, 2020

516 Main St Hellertown, PA 18055

2 Beds
2 Baths
2,838 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$134 Per Sq Ft

3% Below List Price

40 Days on Market

Highlights

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

About This Home

As of July 2024

Prime Location Completely Renovated Commercial Building from top to bottom on Main St in Hellertown. This turn key property is by far one of the nicest office buildings in Hellertown. Renovations include new efficient gas heat, Central Air, New plumbing, New Electrical, New Water and Sewer lines to building, Central Security hooked to fire/police, entire building is network ready, New siding, New roof, Windows, Insulation, LED lighting, 1st and 2nd floor restrooms, 5 offices, reception/waiting Room,100% compliant ADA accessible building in prime condition. Fully Rentable Commercial office space and Luxury Apartment generating great income annually, Upstairs features a Gorgeous newly renovated 2-BR apartment in immaculate condition includes security and intercom systems with washer/dryer and separate metered utilities. Entrance from rear of building. Off street parking in the back for 7 Cars. This property is a must see and won't last long. Schedule your showing today!

Last Agent to Sell the Property

Casey & Donna Foreman

CENTURY 21 Keim Realtors Listed on: 07/24/2020

CENTURY 21 Keim Realtors

Last Buyer's Agent

Austin Brown

Realty One Group Supreme

Realty One Group Supreme

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,525

Year Built

  • Built in 1870

Home Design

  • Commercial or Retail Space
  • Stucco Exterior Insulation and Finish Systems
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 7 Parking Spaces
  • Paved Parking

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

  • Insurance Expense $1,000
  • Trash Expense $230
  • Gross Income $13,200
  • Net Operating Income $13,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,525

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial, Office In Addition
  • Technology: Security System, Security Wired
  • County Assessment: 63700.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1870
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Construction: Dryvit, Vinyl

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 7

Utilities

  • Cooling: Central AC
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 1000
  • Trash Removal: 230

Condo/Co-op/Association

  • Lawn Snow Removal: 1000

Schools

  • School District: Saucon Valley

Lot Info

  • Zoning Code: TC

Tax Info

  • Assessor Parcel Number: Q7SW3A 2 3 0715
  • County Taxes: 751.66
  • Municipal Taxes: 1369.55
  • Total Taxes: 5524.70

Multi Family

  • School Taxes: 3403.49
  • Total Units: 2
  • Total Unit Count: 2

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:

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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 Type Sale Price Title Company
Deed $625,000 None Listed On Document
Deed $380,000 None Available
Deed $295,000 None Available
Interfamily Deed Transfer -- None Available
Deed $145,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 New Conventional
Previous Owner $273,750 Commercial
Previous Owner $221,250 Commercial
Previous Owner $101,500 Commercial
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

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 642921

Greater Lehigh Valley REALTORS®

APN: Q7SW3A-2-3-0715