NOT LISTED FOR SALE

530 High St Bethlehem, PA 18018

Downtown Bethlehem Neighborhood
-- Bed
21.5 Baths
15,263 Sq Ft
1880 Built

Last Sold November 05, 2013

Last sale price $1,400,000 $92 Per Sq Ft

237 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Laundry Facilities
  • Storm Windows
  • 12 Car Garage
  • 4-minute walk to Elmwood Park

About This Home

As of November 2013

21 unit apartment building fully occupied with 12 garages. Building has 3 efficiency Apts, 16 one bedroom Apts., and 2 two bedroom Apts. Coin operated laundry in basement. Oil heat, two furnaces. 8.5% Cap rate. Clean units with many long term tenants. Each unit has range and refrigerator. One year leases are done with new tenants.

Last Agent to Sell the Property

Robert Miklas

Miklas Realty License #RB050498L Listed on: 01/31/2013

Last Buyer's Agent

Don Wenner

Real of Pennsylvania License #AB067794

Real of Pennsylvania

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $14,346

Year Built

  • Built in 1880

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 15,263 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 12 Car Garage
  • Off-Site Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4762-04-8183-6918

Community Details

Building Details

  • Operating Expense $40,000
  • Gross Income $204,120
  • Net Operating Income $164,120

Additional Features

  • 21 Units
  • Laundry Facilities

Property Details

Home Type

Apartment

Est. Annual Taxes

$14,346

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • Technology: Cable, Smk Detector Battery
  • County Assessment: 162300.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1880
  • Special Features: None

Interior Features

  • Features: Central Laundry, Hardwood, Storm Doors, Storm Windows, Wall-to-Wall Carpet
  • Bathrooms: Modern, Semi Modern
  • Bathrooms: 22
  • Full Bathrooms: 21
  • Half Bathrooms: 1
  • Square Footage: 15263

Exterior Features

  • Construction: Aluminum, Brick, Frame

Garage/Parking

  • Parking: Garage, Off Site
  • Parking Spaces: 12

Utilities

  • Cooling: No Air, Window AC
  • Heat Type: Forced Air, Oil
  • Sewer: Public
  • Water: Public

Fee Information

  • Operating Expense: 40000

Lot Info

  • Lot Dimensions: .24 acre
  • Zoning Code: Cg-General Commercial

Tax Info

  • Assessor Parcel Number: 4762-04-8183-6918
  • County Taxes: 1752.84
  • Municipal Taxes: 3106.42
  • Total Taxes: 14345.70
  • Taxes: 12784

Multi Family

  • School Taxes: 9486.44
  • Total Units: 21
  • Total Unit Count: 3

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

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2013 11/05/13 Sold $1,400,000 -33.3% $92 / Sq Ft
09/25/2013 09/25/13 Pending -- -- --
01/31/2013 01/31/13 For Sale $2,100,000 -- $138 / 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 $1,753 $162,300 $12,100 $150,200
2024 $14,346 $162,300 $12,100 $150,200
2023 $14,346 $162,300 $12,100 $150,200
2022 $14,234 $162,300 $12,100 $150,200
2021 $14,138 $162,300 $12,100 $150,200
2020 $14,003 $162,300 $12,100 $150,200
2019 $13,956 $162,300 $12,100 $150,200
2018 $13,617 $162,300 $12,100 $150,200
2017 $13,455 $162,300 $12,100 $150,200
2016 -- $162,300 $12,100 $150,200
2015 -- $162,300 $12,100 $150,200
2014 -- $162,300 $12,100 $150,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Robert Miklas

    Miklas Realty

    (484) 239-0269

    3 in this area

    60 Total Sales

    Robert Miklas
    Section Image
  • Don Wenner

    Buyer's Agent in 2013

    Don Wenner

    Real of Pennsylvania

    (800) 350-8061

    20 in this area

    893 Total Sales

    Don Wenner
    Section Image
See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 444231

Greater Lehigh Valley REALTORS®
Pennsylvania Northampton County Bethlehem 18018 Downtown Bethlehem

530 High St, Bethlehem, PA

Not Listed for Sale

MultiFamily

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