NOT LISTED FOR SALE

Estimated Value: $399,000 - $571,000

8 Beds
3 Baths
2,636 Sq Ft
$193/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $369,000 $140 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,685/month

116 Days on Market

About This Home

As of June 2021

Looking for a well maintained investment property? then look no further. This 3 unit building was completely renovated in 2015, is conveniently located to major highways such as 78 and 22. Right across from Sands casino and near Lehigh University. Each unit has its own separate entrance and the third floor has a great view overlooking Bethlehem. Long term tenants who take pride in their apartments and keep everything well maintained.

Last Agent to Sell the Property

Emilio Montesdeoca

Morganelli Properties LLC License #RS354845 Listed on: 01/05/2021

Last Buyer's Agent

Emilio Montesdeoca

Morganelli Properties LLC License #RS354845 Listed on: 01/05/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,728

Year Built

  • Built in 1916

Lot Details

  • 6,011

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number P7SW1A 21 2 0204

Community Details

Overview

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,728

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Detached
  • Technology: Smoke Detector Wired
  • County Assessment: 42800.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1916
  • Special Features: None

Interior Features

  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 8

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: Wall AC
  • Heat Type: Baseboard, Gas, Hot Water
  • Sewer: Public
  • Water: Public
  • Insurance: 1800
  • Trash Removal: 360
  • Water Sewer: 1800

Fee Information

  • Operating Expense: 3960

Tax Info

  • Assessor Parcel Number: P7SW1A 21 2 0204
  • County Taxes: 505.04
  • Municipal Taxes: 819.19
  • Total Taxes: 3728.31

Multi Family

  • School Taxes: 2404.08
  • Total Units: 3
  • Total Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2021
Closed on
Jun 11, 2021
Sold by
Montesdeoca Cesar
Bought by
Fajardo Jeremy
Seller's Agent
Emilio Montesdeoca
Morganelli Properties LLC
Buyer's Agent
Emilio Montesdeoca
Morganelli Properties LLC
List Price
$369,000
Sold Price
$369,000
Current Estimated Value
$506,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,019
Avg. Annual Appreciation
7.31%
Original Mortgage
$362,316
Outstanding Balance
$328,032
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$181,824

Purchase Details

Closed on
Sep 28, 2006
Sold by
Goerlich David W
Bought by
Montesdeoca Cesar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.54%
Mortgage Type
New Conventional
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
Fajardo Jeremy $369,000 None Available
Montesdeoca Cesar $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fajardo Jeremy $362,316
Previous Owner Montesdeoca Cesar $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2021 06/11/21 Sold $369,000 0.0% $140 / Sq Ft
05/01/2021 05/01/21 Pending -- -- --
04/26/2021 04/26/21 Price Changed $369,000 0.0% $140 / Sq Ft
04/26/2021 04/26/21 For Sale $369,000 0.0% $140 / Sq Ft
03/07/2021 03/07/21 Off Market $369,000 -- --
01/29/2021 01/29/21 Price Changed $399,000 -6.1% $151 / Sq Ft
01/29/2021 01/29/21 Price Changed $425,000 -3.2% $161 / Sq Ft
01/05/2021 01/05/21 For Sale $439,000 -- $167 / 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 $462 $42,800 $8,400 $34,400
2024 $3,783 $42,800 $8,400 $34,400
2023 $3,783 $42,800 $8,400 $34,400
2022 $3,754 $42,800 $8,400 $34,400
2021 $3,728 $42,800 $8,400 $34,400
2020 $3,693 $42,800 $8,400 $34,400
2019 $3,680 $42,800 $8,400 $34,400
2018 $3,591 $42,800 $8,400 $34,400
2017 $3,299 $39,800 $8,400 $31,400
2016 -- $39,800 $8,400 $31,400
2015 -- $39,800 $8,400 $31,400
2014 -- $39,800 $8,400 $31,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 657154

Greater Lehigh Valley REALTORS®

APN: P7SW1A-21-2-0204