NOT LISTED FOR SALE

523 Cherokee St Bethlehem, PA 18015

Downtown Bethlehem Neighborhood

Estimated Value: $264,000 - $330,000

5 Beds
3 Baths
2,648 Sq Ft
$112/Sq Ft Est. Value

Last Sold October 15, 2015

Last sale price $105,000 $40 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $1,563/month

26 Days on Market

About This Home

As of October 2015

3-unit in S. Bethlehem! Each unit currently occupied by long-term tenants. Electric and gas utilities separately metered for each. Tenants pay gas heat, hot water, garbage and electric. Landlord pays for exterior lighting on separate 4th meter and water/sewer estimated at approximately $200 per quarter. New leases signed with 1st and 2nd floor tenants. Walking distance to Southside's downtown.

Last Agent to Sell the Property

Cheyenne Reiman

Realty Outfitters License #RM424708 Listed on: 08/01/2015

Co-Listed By

Rodney Reichard

Coldwell Banker Hearthside

Last Buyer's Agent

Cheyenne Reiman

Realty Outfitters License #RM424708 Listed on: 08/01/2015

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

Lot Details

  • 3,400 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,648 Sq Ft Home
  • 3-Story Property
  • Fire Escape

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number P6SW2C 2 12 0204

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $20
  • Insurance Expense $1,300
  • Maintenance Expense $500
  • Water Sewer Expense $200
  • Operating Expense $6,095
  • Gross Income $16,500
  • Net Operating Income $10,405

Property Details

Home Type

Apartment

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • Technology: Cable
  • County Assessment: 47200.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Features: Fire Escape
  • Bathrooms: Modern
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 5
  • Square Footage: 2648

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: Window AC
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Electric: 20
  • Insurance: 1300
  • Water Sewer: 200

Condo/Co-op/Association

  • Maintenance Repair: 500

Fee Information

  • Operating Expense: 6095

Lot Info

  • Acres: 0.078
  • Lot Sq Ft: 3400
  • Zoning Code: RM - residential

Tax Info

  • Assessor Parcel Number: P6SW2C 2 12 0204
  • County Taxes: 556.96
  • Municipal Taxes: 828.36
  • Total Taxes: 4027.10

Multi Family

  • School Taxes: 2641.78
  • Total Units: 3
  • Total Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2025
Sold by
Eugene Patricia Llc
Bought by
Cherry Enterprise Llc
Current Estimated Value
$297,000

Purchase Details

Closed on
Sep 22, 2022
Sold by
Ck & W Associates Llc
Bought by
Eugene Patricia Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$852,000
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 1, 2015
Closed on
Oct 15, 2015
Sold by
Stephens Nelson K
Bought by
Ck&W Associates Llc
Seller's Agent
Cheyenne Reiman
Realty Outfitters
Buyer's Agent
Cheyenne Reiman
Realty Outfitters
List Price
$110,000
Sold Price
$105,000
Premium/Discount to List
-$5,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.64%
Original Mortgage
$84,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Cherry Enterprise Llc $445,000 Parkland Abstract
Eugene Patricia Llc $205,000 --
Eugene Patricia Llc $205,000 None Listed On Document
Ck&W Associates Llc $105,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eugene Patricia Llc $852,000
Previous Owner Ck&W Associates Llc $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2015 10/15/15 Sold $105,000 -4.5% $40 / Sq Ft
08/27/2015 08/27/15 Pending -- -- --
08/01/2015 08/01/15 For Sale $110,000 -- $42 / 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 $257 $23,800 $5,800 $18,000
2024 $2,104 $23,800 $5,800 $18,000
2023 $2,104 $23,800 $5,800 $18,000
2022 $2,087 $23,800 $5,800 $18,000
2021 $2,073 $23,800 $5,800 $18,000
2020 $2,053 $23,800 $5,800 $18,000
2019 $2,047 $23,800 $5,800 $18,000
2018 $1,997 $23,800 $5,800 $18,000
2017 $1,973 $23,800 $5,800 $18,000
2016 -- $23,800 $5,800 $18,000
2015 -- $23,800 $5,800 $18,000
2014 -- $23,800 $5,800 $18,000
Source: Public Records

Agents Affiliated with this Home

  • Cheyenne Reiman

    Seller's Agent in 2015

    Cheyenne Reiman

    Realty Outfitters

    (484) 951-2329

    1 in this area

    119 Total Sales

    Cheyenne Reiman
    Section Image

  • R

    Seller Co-Listing Agent in 2015

    Rodney Reichard

    Coldwell Banker Hearthside

See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 503441

Greater Lehigh Valley REALTORS®

APN: P6SW2C 21 2 0204

Pennsylvania Northampton County Bethlehem 18015 Downtown Bethlehem

523 Cherokee St, Bethlehem, PA

Not Listed for Sale

MultiFamily

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