NOT LISTED FOR SALE

602 W Broad St Bethlehem, PA 18018

West Bethlehem Neighborhood

Estimated Value: $257,000 - $581,000

6 Beds
2.5 Baths
4,374 Sq Ft
$110/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $575,000 $131 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $3,183/month

162 Days on Market

Highlights

  • Commercial or Retail Space
  • 2 Car Garage
  • 3-minute walk to Fairview Park
  • Forced Air Heating and Cooling System
  • Wall to Wall Carpet

About This Home

As of April 2024

Fully occupied investment property located in downtown Bethlehem. CLEAR CO. This three unit property includes both 602 W. Broad Street and 611 5th Avenue plus two garages. The High Visibility corner commercial office on the 1st floor is 1250 square feet, plus additional storage space in the basement and a newer heating and AC system leased until 2026. (UNIT #1), a second floor apartment with 2 entrances. three bedrooms, 1 bath, total of 7 rooms and a detached house at 611 5th Avenue has three bedrooms, 1 bath, and 8 rooms. Plus a 2 car detached garage. Tenants pay for Electric & Gas. Landlord pays for Water, Sewer & Trash (Detached Home Pays for Water & Sewer too). UNIT #2 Description: A spacious three bedroom, second floor apartment, light filled, plenty of space and closets! Newer gas range and refrigerator. NEWER GAS HEAT! UNIT #3 Description: A detached three bedroom cape cod/bungalow with a white picket fence and yard, was completely remodeled from top to bottom! All replacement windows and doors, updated kitchen, with new gas stove and beautiful full bath with double sink vanity and bath/shower! Three bedrooms, linen closet and an extra walk in closet offering plenty of storage space. Newer washer and dryer! Nice side yard and front porch. Newer gas furnace and newer roof! Two Car Detached Garage - One garage is currently included with UNIT #3 and the second garage is leased separately. Great tenants - Lots of improvements already made.

Last Agent to Sell the Property

Victoria Roelke

BHHS Fox & Roach Center Valley Listed on: 08/29/2023

BHHS Fox & Roach Center Valley

Last Buyer's Agent

Larry Dugan

Paranee Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,560

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Property is zoned CL-LIMITED COMMERCIAL

Parking

  • 2 Car Garage

Home Design

  • Commercial or Retail Space
  • Brick Exterior Construction

Interior Spaces

  • 4,374 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet
  • Fire Escape
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 642738241805001

Community Details

Overview

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,560

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, Commercial, Detached
  • County Assessment: 266200.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Features: Fire Escape, Wall-to-Wall Carpet, Wash/Dry Hook-ups
  • Bathrooms: Modern
  • Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 6
  • Square Footage: 4374

Exterior Features

  • Construction: Aluminum, Brick

Garage/Parking

  • Parking: Garage
  • Parking Spaces: 2

Utilities

  • Cooling: Central AC, Window ACs
  • Heat Type: Forced Air, Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 2500
  • Trash Removal: 950
  • Water Sewer: 950

Condo/Co-op/Association

  • Lawn Snow Removal: 250
  • Maintenance Repair: 300

Fee Information

  • Operating Expense: 11917

Lot Info

  • Acres: 0.100
  • Lot Sq Ft: 4356
  • Zoning Code: CL-LIMITED COMMERCIAL

Tax Info

  • Assessor Parcel Number: 642738241805001
  • County Taxes: 1006.24
  • Municipal Taxes: 1653.10
  • Total Taxes: 7560.08

Multi Family

  • School Taxes: 4900.74
  • Total Units: 3
  • Total Unit Count: 4

MLS Schools

  • School District: Bethlehem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2023
Closed on
Apr 10, 2024
Sold by
Bd Management Services Llc
Bought by
M S K Properties Llc
Seller's Agent
Victoria Roelke
BHHS Fox & Roach Center Valley
Buyer's Agent
Larry Dugan
Paranee Properties
List Price
$650,000
Sold Price
$575,000
Premium/Discount to List
-$75,000
-11.54%
Views
90
Current Estimated Value
$481,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$93,004
Avg. Annual Appreciation
-10.26%
Original Mortgage
$431,000
Outstanding Balance
$424,633
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$57,363

Purchase Details

Listed on
Jul 11, 2016
Closed on
Nov 4, 2016
Sold by
Kallipozes Evangeline
Bought by
Bd Management Services Llc
Seller's Agent
marci carter
BHHS Fox & Roach Bethlehem
Buyer's Agent
Victoria Roelke
BHHS Fox & Roach Center Valley
List Price
$279,900
Sold Price
$269,500
Premium/Discount to List
-$10,400
-3.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.72%
Original Mortgage
$200,000
Interest Rate
3.48%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 25, 1998
Sold by
Kallipozes Evangeline
Bought by
Kallipozes Evangeline

Purchase Details

Closed on
Sep 27, 1991
Sold by
Staller Abraham and Staller Jean
Bought by
Kallipozes Thomas and Kallipozes Evangeline
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
M S K Properties Llc $575,000 None Listed On Document
Bd Management Services Llc $269,500 None Available
Kallipozes Evangeline -- --
Kallipozes Thomas $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M S K Properties Llc $431,000
Previous Owner Bd Management Services Llc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/10/2024 04/10/24 Sold $575,000 0.0% $131 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
01/25/2024 01/25/24 Off Market $575,000 -- --
01/13/2024 01/13/24 Pending -- -- --
08/29/2023 08/29/23 For Sale $650,000 +141.2% $149 / Sq Ft
11/04/2016 11/04/16 Sold $269,500 -3.7% $62 / Sq Ft View Prior Sale
09/15/2016 09/15/16 Pending -- -- --
07/11/2016 07/11/16 For Sale $279,900 -- $64 / 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 $7,648 $266,200 $33,500 $232,700
2024 $7,560 $266,200 $33,500 $232,700
2023 $7,494 $266,200 $33,500 $232,700
2022 $7,616 $266,200 $232,700 $33,500
2021 $7,581 $266,200 $33,500 $232,700
2020 $7,339 $266,200 $33,500 $232,700
2019 $7,392 $266,200 $33,500 $232,700
2018 $7,249 $266,200 $33,500 $232,700
2017 $6,927 $266,200 $33,500 $232,700
2016 -- $266,200 $33,500 $232,700
2015 -- $266,200 $33,500 $232,700
2014 -- $266,200 $33,500 $232,700
Source: Public Records

Agents Affiliated with this Home

  • Victoria Roelke

    Seller's Agent in 2024

    Victoria Roelke

    BHHS Fox & Roach

    (484) 318-0806

    2 in this area

    79 Total Sales

    Victoria Roelke
    Section Image
  • Larry Dugan

    Buyer's Agent in 2024

    Larry Dugan

    Paranee Properties

    (610) 332-7320

    2 in this area

    6 Total Sales

    Larry Dugan
    Section Image
  • marci carter

    Seller's Agent in 2016

    marci carter

    BHHS Fox & Roach

    (610) 392-6707

    2 in this area

    14 Total Sales

    marci carter
    Section Image

  • J

    Buyer Co-Listing Agent in 2016

    John Blair

    BHHS Fox & Roach

    (610) 282-4444

    1 in this area

    17 Total Sales

    John Blair
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 723130

Greater Lehigh Valley REALTORS®

APN: 642738241805-1

Pennsylvania Lehigh County Bethlehem 18018 West Bethlehem

602 W Broad St, Bethlehem, PA

Not Listed for Sale

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