NOT LISTED FOR SALE

61 E Garrison St Bethlehem, PA 18018

Downtown Bethlehem Neighborhood

Estimated Value: $234,000 - $316,793

2 Beds
2 Baths
1,299 Sq Ft
$216/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $292,500 $225 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,506/month

9 Days on Market

About This Home

As of June 2023

When preparation meets opportunity defines this two unit property. If you have prepared yourself to purchase in todays' market but are waiting for the right opportunity then don't let this slip away. This turnkey two unit in the city of Bethlehem is ready for you. Both units are vacant which is perfect. Select your future tenants or purchase this property and live it in yourself. The A+ location is close to downtown Bethlehem and within walking distance to local restaurants and shops. The two car garage included with the property is currently rented to a neighbor. The pictures do not tell a lie the interior of these units are in great shape and ready to be occupied. Easy to show so let's go.

Last Agent to Sell the Property

Kenneth Snyder

Spectrum Real Estate Inc Listed on: 05/10/2023

Last Buyer's Agent

Sarne Brewster

Morganelli Properties LLC License #RS359405

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $352

Year Built

  • Built in 1900

Lot Details

  • 3,060 Sq Ft Lot
  • Lot Dimensions are 31 x 104

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,299 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number P6NE1B 19 14 0204

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $900
  • Trash Expense $600
  • Water Sewer Expense $680
  • Gross Income $31,800
  • Net Operating Income $27,120

Property Details

Home Type

Apartment

Est. Annual Taxes

$352

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
  • County Assessment: 3980.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 2
  • Square Footage: 1299

Exterior Features

  • Construction: Vinyl

Utilities

  • Cooling: Central AC
  • Heat Type: Baseboard, Gas
  • Sewer: Public
  • Water: Public
  • Electric: 900
  • Gas: 2500
  • Trash Removal: 600
  • Water Sewer: 680

Lot Info

  • Acres: 0.070
  • Lot Dimensions: 31 x 104
  • Lot Sq Ft: 3060
  • Zoning Code: Cb

Tax Info

  • Assessor Parcel Number: P6NE1B 19 14 0204
  • County Taxes: 42.98
  • Municipal Taxes: 76.18
  • Total Taxes: 351.79

Multi Family

  • School Taxes: 232.63
  • Total Units: 2
  • Total Unit Count: 3

MLS Schools

  • School District: Bethlehem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
Jun 2, 2023
Sold by
Ritter Scott B and Ritter Erin M
Bought by
Zannakis Capital Llc
Seller's Agent
Kenneth Snyder
Spectrum Real Estate Inc
Buyer's Agent
Sarne Brewster
Morganelli Properties LLC
List Price
$292,500
Sold Price
$292,500
Current Estimated Value
$281,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,302
Avg. Annual Appreciation
-1.51%

Purchase Details

Listed on
Apr 22, 2019
Closed on
May 31, 2019
Sold by
Liodice David and Liodice Erika L
Bought by
Ritter Scott B and Ritter Erin M
Seller's Agent
David Liodice
HowardHanna TheFrederickGroup
Buyer's Agent
Jeanne Rossi
DKR Property Mgmt & Maint LLC
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.87%
Original Mortgage
$135,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2014
Sold by
Liodice Erika L
Bought by
Liodice David and Liodice Erika L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,830
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2008
Sold by
Garrison St Llc
Bought by
Liodice Erika L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,625
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Zannakis Capital Llc $292,500 None Listed On Document
Zannakis Capital Llc $292,500 None Listed On Document
Ritter Scott B $180,000 First American Mortgage Sln
Liodice David -- None Available
Liodice Erika L $107,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ritter Scott B $135,000
Previous Owner Liodice David $88,830
Previous Owner Liodice Erika L $80,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/02/2023 06/02/23 Sold $292,500 0.0% $225 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $292,500 +62.5% $225 / Sq Ft
05/31/2019 05/31/19 Sold $180,000 -5.2% $139 / Sq Ft View Prior Sale
04/25/2019 04/25/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $189,900 -- $146 / 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 $430 $39,800 $13,300 $26,500
2024 $3,518 $39,800 $13,300 $26,500
2023 $3,518 $39,800 $13,300 $26,500
2022 $3,490 $39,800 $13,300 $26,500
2021 $3,467 $39,800 $13,300 $26,500
2020 $3,434 $39,800 $13,300 $26,500
2019 $3,422 $39,800 $13,300 $26,500
2018 $3,339 $39,800 $13,300 $26,500
2017 $3,299 $39,800 $13,300 $26,500
2016 -- $39,800 $13,300 $26,500
2015 -- $39,800 $13,300 $26,500
2014 -- $39,800 $13,300 $26,500
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kenneth Snyder

    Spectrum Real Estate Inc

    (610) 509-2993

    1 in this area

    65 Total Sales

    Kenneth Snyder
    Section Image
  • Sarne Brewster

    Buyer's Agent in 2023

    Sarne Brewster

    Morganelli Properties LLC

    (614) 638-5113

    4 in this area

    38 Total Sales

    Sarne Brewster
    Section Image

  • D

    Seller's Agent in 2019

    David Liodice

    HowardHanna TheFrederickGroup

    (610) 349-7275

    David Liodice
    Section Image

  • J

    Buyer's Agent in 2019

    Jeanne Rossi

    DKR Property Mgmt & Maint LLC

    (610) 419-6101

    6 in this area

    31 Total Sales

    Jeanne Rossi
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 716926

Greater Lehigh Valley REALTORS®

APN: P6NE1B-19-14-0204

Pennsylvania Northampton County Bethlehem 18018 Downtown Bethlehem

61 E Garrison St, Bethlehem, PA

Not Listed for Sale

MultiFamily

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