NOT LISTED FOR SALE

621 W Broad St Bethlehem, PA 18018

West Bethlehem Neighborhood

Estimated Value: $350,778

4 Beds
2 Baths
2,152 Sq Ft
$163/Sq Ft Est. Value

Last Sold December 18, 2023

Last sale price $317,500 $148 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,182/month

7 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 3-minute walk to Fairview Park

About This Home

As of December 2023

*Deadline for all offers is Sunday,10/29/23* Welcome to this prime 2-unit investment opportunity only a few blocks from Historic downtown Bethlehem! Fully occupied with stable long-term tenants. This property features a spacious 3/4 bedroom apartment on the 2nd floor and a large studio unit with a finished basement/office space, great storage and a dedicated laundry space. Both units boast modern kitchens and bathrooms, hardwood floors, updated light fixures and fresh paint throughout. Tenants pay their own electric heat and hot water. Nice backyard and off-street parking for each unit. Clear certificate of occupany from the city of Bethlehem! Don't miss out—schedule a showing today!

Last Agent to Sell the Property

Jesse Moyer

IronValley RE of Lehigh Valley Listed on: 10/24/2023

IronValley RE of Lehigh Valley

Last Buyer's Agent

Jason Navilliat

IronValley RE of Lehigh Valley

IronValley RE of Lehigh Valley

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,877

Year Built

  • Built in 1920

Lot Details

  • 2,396 Sq Ft Lot

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Steel Siding
  • Stone

Interior Spaces

  • 2,152 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Paved Parking

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 642738021521001

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $240
  • Insurance Expense $1,100
  • Trash Expense $360
  • Water Sewer Expense $600
  • Operating Expense $2,540
  • Gross Income $21,900
  • Net Operating Income $19,360

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,877

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Converted, Row/Townhouse
  • County Assessment: 137300.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1920
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Features: Hardwood, Wash/Dry Hook-ups
  • Bathrooms: Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Square Footage: 2152

Exterior Features

  • Construction: Brick, Steel Siding, Stone

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 2

Utilities

  • Cooling: Window ACs
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Electric: 240
  • Insurance: 1100
  • Trash Removal: 360
  • Water Sewer: 600

Condo/Co-op/Association

  • Lawn Snow Removal: 240

Fee Information

  • Operating Expense: 2540

Lot Info

  • Acres: 0.055
  • Lot Sq Ft: 2396
  • Zoning Code: CL-LIMITED COMMERCIAL

Tax Info

  • Assessor Parcel Number: 642738021521001
  • County Taxes: 518.99
  • Municipal Taxes: 830.67
  • Total Taxes: 3877.35

Multi Family

  • School Taxes: 2527.69
  • Total Units: 2
  • Total Unit Count: 2

MLS Schools

  • School District: Bethlehem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2023
Closed on
Dec 18, 2023
Sold by
Alenci Anthony
Bought by
Lee Taeho
Seller's Agent
Jesse Moyer
IronValley RE of Lehigh Valley
Buyer's Agent
Jason Navilliat
IronValley RE of Lehigh Valley
List Price
$315,000
Sold Price
$317,500
Premium/Discount to List
$2,500
0.79%
Views
8
Current Estimated Value
$350,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,278
Avg. Annual Appreciation
5.24%
Original Mortgage
$222,000
Outstanding Balance
$218,046
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$132,732

Purchase Details

Closed on
Oct 25, 2004
Sold by
Vinskie Patricia A and Fenstermacher Patricia A
Bought by
Falbo John and Alenci Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 7, 1986
Sold by
Ludwick James R and Ludwick Deborah A
Bought by
Vinskie Patricia A

Purchase Details

Closed on
Apr 15, 1976
Bought by
Ludwick James R and Ludwick Deborah A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Date Buyer Sale Price Title Company
Lee Taeho $317,500 None Listed On Document
Falbo John $94,500 --
Vinskie Patricia A $54,000 --
Ludwick James R $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Taeho $222,000
Previous Owner Falbo John $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2023 12/18/23 Sold $317,500 +0.8% $148 / Sq Ft
10/31/2023 10/31/23 Pending -- -- --
10/24/2023 10/24/23 For Sale $315,000 -- $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 $3,945 $137,300 $16,800 $120,500
2024 $3,899 $137,300 $16,800 $120,500
2023 $3,865 $137,300 $16,800 $120,500
2022 $3,928 $137,300 $120,500 $16,800
2021 $3,910 $137,300 $16,800 $120,500
2020 $3,785 $137,300 $16,800 $120,500
2019 $3,813 $137,300 $16,800 $120,500
2018 $3,739 $137,300 $16,800 $120,500
2017 $3,573 $137,300 $16,800 $120,500
2016 -- $137,300 $16,800 $120,500
2015 -- $137,300 $16,800 $120,500
2014 -- $137,300 $16,800 $120,500
Source: Public Records

Agents Affiliated with this Home

  • Jesse Moyer

    Seller's Agent in 2023

    Jesse Moyer

    IronValley RE of Lehigh Valley

    (610) 737-7030

    5 in this area

    114 Total Sales

    Jesse Moyer
    Section Image
  • Jason Navilliat

    Buyer's Agent in 2023

    Jason Navilliat

    IronValley RE of Lehigh Valley

    (610) 844-3110

    6 in this area

    132 Total Sales

    Jason Navilliat
    Section Image
See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 726203

Greater Lehigh Valley REALTORS®

APN: 642738021521-1

Pennsylvania Lehigh County Bethlehem 18018 West Bethlehem

621 W Broad St, Bethlehem, PA

Not Listed for Sale

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.

Greater Lehigh Valley REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes