NOT LISTED FOR SALE
5 Beds
5 Baths
2,568 Sq Ft
4,561 Sq Ft Lot

Sale Details

Date Sold: March 29, 2013

Last sale price $218,000 $85 Per Sq Ft

59 Days on Market

Highlights

  • Baseboard Heating
  • 6 Car Garage
  • Satellite Dish

About This Home

As of March 2013

This 5 unit building has attractive revenue and is fully occupied. The property has ample parking and offers significant recent renovations of its apartment units. The building has had its roof and water heater replaced within the last three years! Two 2 bedroom apartments, Two 1 bedroom apartments and 1 efficiency unit.
Tenants pay heat, electric and hot-water. Owner pays for cold water, sewer and trash.

Last Agent to Sell the Property

Stephen Weinstein

iLehighValley Real Estate License #AB069367 Listed on: 12/18/2012

Co-Listed By

Robert Inselmann

IronValley RE of Lehigh Valley License #AB066154

Last Buyer's Agent

Roy Sjolund

BHHS Fox & Roach Bethlehem

BHHS Fox & Roach Bethlehem

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,292

Year Built

  • Built in 1920

Lot Details

  • 4,561 Sq Ft Lot
  • Lot Dimensions are 60x80

Parking

  • 6 Car Garage

Home Design

  • Converted Dwelling
  • Stucco Exterior

Interior Spaces

  • 2,568 Sq Ft Home
  • 2.5-Story Property
  • Fire Escape

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 642739120965001

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $20
  • Insurance Expense $600
  • Maintenance Expense $800
  • Trash Expense $480
  • Water Sewer Expense $360
  • Operating Expense $2,240
  • Gross Income $36,000
  • Net Operating Income $33,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,292

Year Built

Built in 1920

Lot Details

4,561 Sq Ft Lot

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Converted
  • Technology: Cable, Satellite
  • County Assessment: 45900.00
  • Stories: 2.5
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1920
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Features: Fire Escape
  • Bathrooms: Modern
  • Bathrooms: 5
  • Full Bathrooms: 5
  • Bedrooms: 5
  • Square Footage: 2568

Exterior Features

  • Construction: Stucco

Garage/Parking

  • Parking: Garage, Paved Lot
  • Parking Spaces: 6

Utilities

  • Cooling: Window AC
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Electric: 20
  • Insurance: 600
  • Trash Removal: 480
  • Water Sewer: 360

Condo/Co-op/Association

  • Maintenance Repair: 800

Fee Information

  • Operating Expense: 2240

Lot Info

  • Acres: 0.105
  • Lot Dimensions: 60x80
  • Lot Sq Ft: 4561
  • Zoning Code: RT-Residential

Tax Info

  • Assessor Parcel Number: 642739120965001
  • County Taxes: 173.50
  • Municipal Taxes: 277.70
  • Total Taxes: 1292.09

Multi Family

  • School Taxes: 840.89
  • Total Units: 5
  • Total Unit Count: 5

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2012
Closed on
Mar 29, 2013
Sold by
Bought by
Seller's Agent
Stephen Weinstein
iLehighValley Real Estate
Buyer's Agent
Roy Sjolund
BHHS Fox & Roach Bethlehem
List Price
$245,000
Sold Price
$218,000
Premium/Discount to List
-$27,000
-11.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,400
Interest Rate
0.0392%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 26, 1990
Sold by
Bought by

Purchase Details

Closed on
Mar 9, 1989
Sold by
Bought by

Purchase Details

Closed on
Dec 30, 1986
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$218,000 --
$210,000 --
-- --
$50,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $174,400
Previous Owner $497,313
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/29/2013 03/29/13 Sold $218,000 -11.0% $85 / Sq Ft
02/15/2013 02/15/13 Pending -- -- --
12/18/2012 12/18/12 For Sale $245,000 -- $95 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,526 $221,900 $17,600 $204,300
2025 $6,375 $221,900 $17,600 $204,300
2024 $6,302 $221,900 $17,600 $204,300
2023 $6,246 $221,900 $17,600 $204,300
2022 $6,349 $221,900 $204,300 $17,600
2021 $6,320 $221,900 $17,600 $204,300
2020 $6,118 $221,900 $17,600 $204,300
2019 $6,162 $221,900 $17,600 $204,300
2018 $6,042 $221,900 $17,600 $204,300
2017 $5,774 $221,900 $17,600 $204,300
2016 -- $221,900 $17,600 $204,300
2015 -- $221,900 $17,600 $204,300
2014 -- $221,900 $17,600 $204,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 442297

Greater Lehigh Valley REALTORS®
Your Personal Tour Guide

Ask me questions while you tour the home.