NOT LISTED FOR SALE

Estimated Value: $260,000 - $286,000

4 Beds
2 Baths
1,878 Sq Ft
$146/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $160,000 $85 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,463/month

15 Days on Market

About This Home

As of June 2020

Nice 4 bedroom single house with A guaranteed $1600.00 amonth income , Tenants pay all utilities, 5yr lease,7.94% cap rate- 2 bath with gas hot water, heat & water. Recently REMODELED and close to restaurants, health facilities and more. Come join the thriving South Bethlehem location! Near Lehigh and Casino.

Last Agent to Sell the Property

Joe D'Ambrosio

Morganelli Properties LLC License #RS223959L Listed on: 02/27/2020

Last Buyer's Agent

Joe D'Ambrosio

Morganelli Properties LLC License #RS223959L Listed on: 02/27/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,970

Year Built

  • Built in 1916

Lot Details

  • 2,200 Sq Ft Lot
  • Property is zoned CG-GENERAL COMMERCIAL

Parking

  • Leased Parking

Home Design

  • Brick Exterior Construction
  • Shingle Siding

Interior Spaces

  • 1,878 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Gas

Community Details

Listing and Financial Details

  • Assessor Parcel Number P6SE1B 25 8 0204

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,970

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Detached
  • County Assessment: 33600.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1916
  • Special Features: None

Interior Features

  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Square Footage: 1878

Exterior Features

  • Construction: Brick, Shingle

Garage/Parking

  • Parking: Rented

Utilities

  • Cooling: Window AC
  • Heat Type: Gas, Radiator
  • Sewer: Public
  • Water: Public
  • Insurance: 1800

Fee Information

  • Operating Expense: 8004

Lot Info

  • Acres: 0.051
  • Lot Sq Ft: 2200
  • Zoning Code: CG-GENERAL COMMERCIAL

Tax Info

  • Assessor Parcel Number: P6SE1B 25 8 0204
  • County Taxes: 362.88
  • Municipal Taxes: 643.10
  • Total Taxes: 2969.90

Multi Family

  • School Taxes: 1963.92
  • Total Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2020
Closed on
Jun 9, 2020
Sold by
Cantelmi Richard L
Bought by
Valley Hispanic Center Lehigh
Seller's Agent
Joe D'Ambrosio
Morganelli Properties LLC
Buyer's Agent
Joe D'Ambrosio
Morganelli Properties LLC
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%
Current Estimated Value
$274,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,038
Avg. Annual Appreciation
10.24%
Original Mortgage
$128,000
Outstanding Balance
$113,462
Interest Rate
3.2%
Mortgage Type
Credit Line Revolving
Estimated Equity
$160,576

Purchase Details

Closed on
Aug 22, 2019
Sold by
Cantelmi Richard Louis and Cantelmi Rosemarie A
Bought by
Cantelmi Richard L

Purchase Details

Closed on
Mar 1, 1998
Bought by
Cantelmi Richard L and Cantelmi Rosemarie A

Purchase Details

Closed on
Nov 1, 1997
Bought by
Not Provided
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Valley Hispanic Center Lehigh $160,000 None Available
Cantelmi Richard L -- None Available
Cantelmi Richard L $55,000 --
Not Provided -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valley Hispanic Center Lehigh $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2020 06/30/20 Sold $160,000 -5.8% $85 / Sq Ft
03/13/2020 03/13/20 Pending -- -- --
02/27/2020 02/27/20 For Sale $169,900 -- $90 / 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 $363 $33,600 $7,900 $25,700
2024 $2,970 $33,600 $7,900 $25,700
2023 $2,970 $33,600 $7,900 $25,700
2022 $2,947 $33,600 $7,900 $25,700
2021 $2,927 $33,600 $7,900 $25,700
2020 $2,899 $33,600 $7,900 $25,700
2019 $2,889 $33,600 $7,900 $25,700
2018 $2,819 $33,600 $7,900 $25,700
2017 $2,785 $33,600 $7,900 $25,700
2016 -- $33,600 $7,900 $25,700
2015 -- $33,600 $7,900 $25,700
2014 -- $33,600 $7,900 $25,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 633849

Greater Lehigh Valley REALTORS®

APN: P6SE1B-25-8-0204