NOT LISTED FOR SALE

571 Hillside Ave Bethlehem, PA 18015

Downtown Bethlehem Neighborhood

Estimated Value: $253,000 - $1,079,516

3 Beds
1 Bath
4,748 Sq Ft
$140/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $575,000 $121 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,654/month

95 Days on Market

Highlights

  • Brick or Stone Mason
  • 3 Car Garage
  • Heating System Uses Natural Gas

About This Home

As of June 2020

Great Investment Opportunity! This sale, offered for the very first time, includes 2 buildings totaling 6 units within walking distance to Lehigh University. Together both properties have 14 bedrooms, 8 full baths, 1half bath, laundry room with coin operated machines, 2 car off street parking pad and a court yard for relaxation. There are 2 – 4 bedroom units, 1 - 3 bedroom unit and 3 – 1 bedroom units. Tenants pay own utilities for units rented as apartments.

Last Agent to Sell the Property

Christopher George

Keller Williams Real Estate - Northampton Co License #RS321834 Listed on: 03/19/2020

Keller Williams Real Estate - Northampton Co

Last Buyer's Agent

Christopher George

Keller Williams Real Estate - Northampton Co License #RS321834 Listed on: 03/19/2020

Keller Williams Real Estate - Northampton Co

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,718

Year Built

  • Built in 1910

Lot Details

  • 2,178 Sq Ft Lot

Parking

  • 3 Car Garage

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 4,748 Sq Ft Home
  • 2-Story Property

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number P6SE1C-10-4-0204

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • Electric Expense $6,085
  • Insurance Expense $3,000
  • Trash Expense $965
  • Operating Expense $23,042
  • Gross Income $116,340
  • Net Operating Income $93,297

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,718

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Directions: From 78, take 412 towards Bethlehem. Stay left on 4th St. Make a left on Filmore St, then a slight left on to Hillside Ave. Property is located on the left on the corner of Hillside Ave and Thomas St.
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Building Stories: 2
  • Year Built: 1910
  • PropertySubType: Multi Family
  • Lot Size Acres: 0.05
  • Co List Office Phone: 610-867-8888
  • MLS Status: Closed
  • Location Tax and Legal Parcel Number2: P6SE1C-10-4-0204
  • Location Tax and Legal School Tax Amount2: 4793.0
  • Location Tax and Legal Tax Annual Amount2: 2717.82
  • Location Tax and Legal Zoning Description2: Residential
  • General Property Information Stories2: 2
  • General Property Information Lot Size Acres: 0.05
  • Appliances Water Heater3: Yes
  • General Property Information Basement YN: No
  • Water Source:Public: Yes
  • Sewer:Public Sewer: Yes
  • Cooling None4: Yes
  • Water Heater Gas3: Yes
  • General Property Information Number Of Buildings2: 2.0
  • Income And Expenses Operating Expense: 23042.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Basement YN: No

Exterior Features

  • Roof: Other
  • Disclosures: Right of First Refusal
  • Construction Type: Brick, Stone
  • Construction Materials:Brick: Yes
  • Construction Materials:Stone: Yes

Garage/Parking

  • Attached Garage: Yes
  • Total Parking Spaces: 3.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Parking Total: 3.0

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: None
  • Heating: Natural Gas
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: P6SE1C-10-4-0204
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 2717.82
  • Tax Book Number: 2011-1/120740

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
Jun 26, 2020
Sold by
Martin Lawrence S
Bought by
505 Thomas St Llc
Seller's Agent
Christopher George
Keller Williams Real Estate - Northampton Co
Buyer's Agent
Christopher George
Keller Williams Real Estate - Northampton Co
List Price
$699,900
Sold Price
$575,000
Premium/Discount to List
-$124,900
-17.85%
Current Estimated Value
$665,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,379
Avg. Annual Appreciation
2.85%

Purchase Details

Closed on
Jun 6, 2011
Sold by
Brumfield Robin G
Bought by
Martin Lawrence S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,750
Interest Rate
4.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2002
Bought by
Brumfield Robin G
Source: Public Records

Range of Values:

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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
505 Thomas St Llc $575,000 Penn Jersey Abstract Inc
Martin Lawrence S $117,000 None Available
Brumfield Robin G $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 505 Thomas St Llc $475,000
Closed 505 Thomas St Llc $525,000
Previous Owner Martin Lawrence S $87,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2020 06/19/20 Sold $575,000 -17.8% $121 / Sq Ft
04/27/2020 04/27/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $699,900 -- $147 / Sq Ft
Source: Pocono Mountains Association of 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 $340 $31,500 $7,600 $23,900
2024 $2,784 $31,500 $7,600 $23,900
2023 $2,784 $31,500 $7,600 $23,900
2022 $2,763 $31,500 $7,600 $23,900
2021 $2,744 $31,500 $7,600 $23,900
2020 $2,718 $31,500 $7,600 $23,900
2019 $2,709 $31,500 $7,600 $23,900
2018 $2,643 $31,500 $7,600 $23,900
2017 $2,611 $31,500 $7,600 $23,900
2016 -- $31,500 $7,600 $23,900
2015 -- $31,500 $7,600 $23,900
2014 -- $31,500 $7,600 $23,900
Source: Public Records

Agents Affiliated with this Home

  • Christopher George

    Seller's Agent in 2020

    Christopher George

    Keller Williams Real Estate - Northampton Co

    (610) 428-8986

    26 in this area

    693 Total Sales

    Christopher George
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Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-75139

Pocono Mountains Association of REALTORS®

APN: P6SE1C-10-4-0204

Pennsylvania Northampton County Bethlehem 18015 Downtown Bethlehem

571 Hillside Ave, Bethlehem, PA

This home is located at 571 Hillside Ave, Bethlehem, PA 18015 since 19 March 2020 and is currently estimated at $665,379, approximately $140 per square foot. This property was built in 1910. 571 Hillside Ave is a home located in Northampton County with nearby schools including Donegan Elementary School, Broughal Middle School, and Freedom 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.

Pocono Mountains Association of REALTORS® The data relating to real estate for sale on this web site includes listings held by MLS-IDX Participants of the Internet Data Exchange program of the Multiple Listing Service of the Pocono Mountains Association of Realtors®. Listings marked with the Internet Data Exchange logo are not necessarilty the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Associations and its MLS-IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed or implied.

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