NOT LISTED FOR SALE

Estimated Value: $182,000 - $200,000

4 Beds
1 Bath
1,440 Sq Ft
$132/Sq Ft Est. Value

Last Sold July 11, 2019

Last sale price $94,000 $65 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,020/month

24 Days on Market

About This Home

As of July 2019

Great investment property in South Side Bethlehem, close to Lehigh University and downtown. Net income is $10,024. Landlord pays water/sewer. Tenant pays all other utilities. Large end of row unit features hardwood floors, high ceilings, fenced yard, potential for 5th bedroom, updated kitchen and baths. Terrific addition to portfolio!

Last Agent to Sell the Property

Jennifer de Jesus

Steel City Realty LLC License #RM423820 Listed on: 05/28/2019

Last Buyer's Agent

(Not in neighboring Other MLS Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,236

Year Built

  • Built in 1922

Lot Details

  • 1,307 Sq Ft Lot

Home Design

  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • 3-Story Property
  • Basement

Utilities

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

Community Details

  • Insurance Expense $740
  • New Taxes Expense $2,236
  • Operating Expense $3,776
  • Gross Income $13,800
  • Net Operating Income $10,024

Listing and Financial Details

  • Assessor Parcel Number P6SE2D-10-1-0204

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,236

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Directions: From Rt 378 Left onto 4th St, Right onto Atlantic. House is on your right across from the park.
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Building Stories: 3
  • Year Built: 1922
  • PropertySubType: Multi Family
  • Lot Size Acres: 0.03
  • Co List Office Phone: 484-895-9005
  • MLS Status: Closed
  • Subdivision Name: None
  • Location Tax and Legal Parcel Number2: P6SE2D-10-1-0204
  • Location Tax and Legal School Tax Amount2: 1455.22
  • Location Tax and Legal Tax Annual Amount2: 2235.74
  • Location Tax and Legal Zoning Description2: Residential
  • General Property Information Stories2: 3
  • General Property Information Lot Size Acres: 0.03
  • Roof:Shingle: Yes
  • Equipment:Water Heater - Electric: Yes
  • Appliances Water Heater3: Yes
  • General Property Information Basement YN: Yes
  • Water Source:Public: Yes
  • Sewer:Public Sewer: Yes
  • Cooling None4: Yes
  • General Property Information Number Of Buildings2: 1.0
  • Income And Expenses Operating Expense: 3776.0
  • Income And Expenses New Taxes Expense: 2236.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Water Heater
  • Basement YN: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Brick
  • Construction Materials:Brick: Yes

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: 1306.8
  • ResoLotSizeUnits: Acres
  • Parcel Number: P6SE2D-10-1-0204
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 2235.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2019
Closed on
Jun 21, 2019
Sold by
Filiberto Damyon and Filiberto Donna
Bought by
Liang Zhao Property Llc
Seller's Agent
Jennifer de Jesus
Steel City Realty LLC
Buyer's Agent
(Not in neighboring Other MLS Member
NON MEMBER
List Price
$99,900
Sold Price
$94,000
Premium/Discount to List
-$5,900
-5.91%
Current Estimated Value
$190,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,766
Avg. Annual Appreciation
11.54%

Purchase Details

Closed on
Jan 18, 2008
Sold by
Labarre Donald and Labarre Maureen J
Bought by
Filiberto Damyon and Filiberto Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,100
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2007
Sold by
Secy Of H U D
Bought by
Labarre Donald
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
Liang Zhao Property Llc $94,000 Keystone Premier Setmnt Svcs
Filiberto Damyon $119,000 None Available
Labarre Donald $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Filiberto Damyon $107,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2019 07/11/19 Sold $94,000 -5.9% $65 / Sq Ft
06/06/2019 06/06/19 Pending -- -- --
05/13/2019 05/13/19 For Sale $99,900 0.0% $69 / Sq Ft
03/01/2017 03/01/17 Rented $1,150 -11.5% --
02/09/2017 02/09/17 Under Contract -- -- --
11/16/2016 11/16/16 For Rent $1,300 -- --
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 $281 $26,000 $6,600 $19,400
2024 $2,298 $26,000 $6,600 $19,400
2023 $2,298 $26,000 $6,600 $19,400
2022 $2,280 $26,000 $6,600 $19,400
2021 $2,265 $26,000 $6,600 $19,400
2020 $2,243 $26,000 $6,600 $19,400
2019 $2,236 $26,000 $6,600 $19,400
2018 $2,181 $26,000 $6,600 $19,400
2017 $2,155 $26,000 $6,600 $19,400
2016 -- $26,000 $6,600 $19,400
2015 -- $26,000 $6,600 $19,400
2014 -- $26,000 $6,600 $19,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-67892

Pocono Mountains Association of REALTORS®

APN: P6SE2D 10 1 0204