NOT LISTED FOR SALE

624 Main St Hellertown, PA 18055

Estimated Value: $299,000 - $622,214

6 Beds
4 Baths
3,448 Sq Ft
$128/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $529,900 $154 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $2,385/month

5 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Saucon Valley Senior High School Rated 9+
  • 5-minute walk to Water Street Park

About This Home

As of April 2023

Investors Dream!!! This is NOT your typical 2 Unit Investment property. This Hellertown gem on Main was taken down to the studs and rebuilt the correct way. New plumbing, electrical, insulation, windows, drywall, paint, roof, trim, flooring, and paint. EVERYTHING NEW. This is a turn key, headache free property offering your tenants 3BR/2BA in each unit AND renting for $2000/mo per unit. Tenants are in 1 year leases and are responsible for water/sewer, and utilities. A detached garage is currently being used by owner but can be rented at $200/mo (this is projected in Net). Property at list price price is a 8.4% Cap rate. Showing your showing today.

Last Agent to Sell the Property

Jeffrey Adams

RE/MAX Real Estate License #AB068781 Listed on: 03/03/2023

Last Buyer's Agent

Saman Chaudhry

Keller Williams Northampton

Keller Williams Northampton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,931

Year Built

  • Built in 1870

Lot Details

  • 6,300 Sq Ft Lot

Home Design

  • Converted Dwelling
  • Brick Exterior Construction

Interior Spaces

  • 3,448 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Paved Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number Q7SW2D 8 8 0715

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $600
  • Insurance Expense $720
  • Trash Expense $312
  • Water Sewer Expense $1,000
  • Operating Expense $6,563
  • Gross Income $50,400
  • Net Operating Income $43,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,931

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Converted
  • County Assessment: 56700.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1870
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 6
  • Square Footage: 3448

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 4

Utilities

  • Cooling: Central AC
  • Heat Type: Forced Air, Gas
  • Sewer: Public
  • Water: Public
  • Electric: 600
  • Insurance: 720
  • Trash Removal: 312
  • Water Sewer: 1000

Fee Information

  • Operating Expense: 6563

Schools

  • School District: Saucon Valley

Lot Info

  • Acres: 0.145
  • Lot Sq Ft: 6300
  • Zoning Code: 15TC

Tax Info

  • Assessor Parcel Number: Q7SW2D 8 8 0715
  • County Taxes: 612.36
  • Municipal Taxes: 1219.05
  • Total Taxes: 4930.58

Multi Family

  • School Taxes: 3099.17
  • Total Units: 2
  • Total Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
Apr 4, 2023
Sold by
410 Enterprises Llc
Bought by
Kaur Rupinder
Seller's Agent
Jeffrey Adams
RE/MAX Real Estate
Buyer's Agent
Saman Chaudhry
Keller Williams Northampton
List Price
$519,000
Sold Price
$529,900
Premium/Discount to List
$10,900
2.1%
Views
149
Current Estimated Value
$440,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$89,596
Avg. Annual Appreciation
-3.29%

Purchase Details

Closed on
Dec 28, 2021
Sold by
Williams Thomas P
Bought by
410 Enterprises Llc

Purchase Details

Closed on
Dec 27, 2021
Sold by
Adams Douglas A
Bought by
Williams Thomas P

Purchase Details

Closed on
Nov 30, 2018
Sold by
Brown Kevin D and Brown Keith
Bought by
Adams Douglas A
Source: Public Records

Range of Values:

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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
Kaur Rupinder $529,900 None Listed On Document
410 Enterprises Llc $140,000 None Listed On Document
Williams Thomas P $115,000 None Listed On Document
Adams Douglas A $120,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2023 04/06/23 Sold $529,900 +2.1% $154 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $519,000 -- $151 / 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 $612 $56,700 $18,600 $38,100
2024 $4,931 $56,700 $18,600 $38,100
2023 $4,931 $56,700 $18,600 $38,100
2022 $4,861 $56,700 $18,600 $38,100
2021 $4,918 $56,700 $18,600 $38,100
2020 $4,918 $56,700 $18,600 $38,100
2019 $4,918 $56,700 $18,600 $38,100
2018 $4,852 $56,700 $18,600 $38,100
2017 $4,751 $56,700 $18,600 $38,100
2016 -- $56,700 $18,600 $38,100
2015 -- $56,700 $18,600 $38,100
2014 -- $56,700 $18,600 $38,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 711727

Greater Lehigh Valley REALTORS®

APN: Q7SW2D-8-8-0715