NOT LISTED FOR SALE

55 E Elizabeth Ave Bethlehem, PA 18018

Downtown Bethlehem Neighborhood

Estimated Value: $291,117

-- Bed
-- Bath
2,652 Sq Ft
$110/Sq Ft Est. Value

Last Sold August 29, 2024

Last sale price $280,000 $106 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,630/month

58 Days on Market

About This Home

As of August 2024

Great mixed use opportunity or perhaps convert to all residential? Currently a medical office on first floor with multiple exam rooms and a powder room plus a spacious and bright airy apartment upstairs. Right in the middle of all the action as Moravian University athletic fields are right across the street and it is only a few short blocks Moravian's main campus. Conveniently within walking distance to restaurants and night life. The first floor is currently owner occupied who also sublets one exam room to another medical practitioner. This first floor could continue to be used or rented as an office by the new owner or perhaps converted to residential units? The 2nd floor apartment is super spacious and bright featuring 2 bedrooms, large living room, kitchen, full bath and even a laundry room off the kitchen. Lots of potential for expansion as the walk up attic offers room for at least one and possibly two more bedrooms and another bath. Full basement has outside entrance and could be fitted up for tenant storage or used by the owner. Parking is at a premium in this area and this property fills the need with 6 off street parking spaces. Separate electric for first and second floor. Gas also services the building but is only being used for the apartment hot water heater and stove. Building has a recent roof for peace of mind. Great place for a business owner who also wants rental income. Bring your value added ideas and make this solid investment opportunity really shine.

Last Agent to Sell the Property

Christopher Zajacek

Grace Realty Co Inc Listed on: 05/04/2024

Last Buyer's Agent

Christopher Zajacek

Grace Realty Co Inc Listed on: 05/04/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,702

Year Built

  • Built in 1935

Lot Details

  • 4,800 Sq Ft Lot

Parking

  • 6 Parking Spaces

Home Design

  • 2,652 Sq Ft Home
  • Semi-Detached or Twin Home
  • Mixed Use

Home Security

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number N6SE4A 13 3 0204

Community Details

Building Details

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

Additional Features

  • 2 Units
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,702

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Mixed Use, Semi Detached/Twin
  • Technology: Cable, Smk Detector Battery
  • County Assessment: 52000.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1935
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Bathrooms: Semi Modern
  • Square Footage: 2652

Exterior Features

  • Construction: Aluminum

Garage/Parking

  • Parking Spaces: 6

Utilities

  • Cooling: Wall AC
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public

Schools

  • School District: Bethlehem

Lot Info

  • Acres: 0.110
  • Lot Sq Ft: 4800
  • Zoning Code: CG-GENERAL COMMERCIAL

Tax Info

  • Assessor Parcel Number: N6SE4A 13 3 0204
  • County Taxes: 561.60
  • Municipal Taxes: 1021.28
  • Total Taxes: 4702.36

Multi Family

  • School Taxes: 3119.48
  • Total Units: 2
  • Total Unit Count: 2

MLS Schools

  • School District: Bethlehem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2024
Closed on
Aug 29, 2024
Sold by
Schlener Dennis L
Bought by
Bm Realty Inc
Seller's Agent
Christopher Zajacek
Grace Realty Co Inc
Buyer's Agent
Christopher Zajacek
Grace Realty Co Inc
List Price
$350,000
Sold Price
$280,000
Premium/Discount to List
-$70,000
-20%
Views
32
Current Estimated Value
$291,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,117
Avg. Annual Appreciation
4.67%

Purchase Details

Closed on
Feb 21, 2007
Sold by
Righi Marino
Bought by
Schlener Dennis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.3%
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 Buyer Sale Price Title Company
Bm Realty Inc $280,000 None Listed On Document
Schlener Dennis L $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schlener Dennis L $180,000
Previous Owner Schlener Dennis L $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2024 08/29/24 Sold $280,000 -6.6% $106 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
06/26/2024 06/26/24 Price Changed $299,900 -7.7% $113 / Sq Ft
05/09/2024 05/09/24 Price Changed $325,000 -7.1% $123 / Sq Ft
05/04/2024 05/04/24 For Sale $350,000 -- $132 / 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 $562 $52,000 $25,200 $26,800
2024 $4,596 $52,000 $25,200 $26,800
2023 $4,596 $52,000 $25,200 $26,800
2022 $4,560 $52,000 $25,200 $26,800
2021 $4,530 $52,000 $25,200 $26,800
2020 $4,487 $52,000 $25,200 $26,800
2019 $4,471 $52,000 $25,200 $26,800
2018 $4,363 $52,000 $25,200 $26,800
2017 $4,311 $52,000 $25,200 $26,800
2016 -- $52,000 $25,200 $26,800
2015 -- $52,000 $25,200 $26,800
2014 -- $52,000 $25,200 $26,800
Source: Public Records

Agents Affiliated with this Home

  • Christopher Zajacek

    Seller's Agent in 2024

    Christopher Zajacek

    Grace Realty Co Inc

    (610) 442-3230

    12 in this area

    158 Total Sales

    Christopher Zajacek
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 737401

Greater Lehigh Valley REALTORS®

APN: N6SE4A-13-3-0204

Pennsylvania Northampton County Bethlehem 18018 Downtown Bethlehem

55 E Elizabeth Ave, Bethlehem, PA

This home is located at 55 E Elizabeth Ave, Bethlehem, PA 18018 since 04 May 2024 and is currently estimated at $291,117, approximately $109 per square foot. This property was built in 1935. 55 E Elizabeth Ave is a home located in Northampton County with nearby schools including William Penn El School, Northeast Middle School, and Liberty High 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.

Greater Lehigh Valley REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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