Loren Keim
Century 21 Keim Realtors
(610) 831-4500
423 Total Sales
1 in Hellertown
$330,000 Price
648 Main St Unit 648-650 Hellertown, PA 18055
Hellertown AreaEstimated Value: $1,287,280
Studio
--
Baths
10,528
Sq Ft
$122/Sq Ft
Est. Value
Highlights
- Balcony
- Patio
- 5-minute walk to Water Street Park
- Saucon Valley Senior High School Rated 9+
- Forced Air Heating and Cooling System
About This Home
As of September 2021Cash flowing, fully occupied 8 unit mixed use space in Hellertown Borough. $99,840 Actual Gross, $73,062 Net Income, 7.3% CAP @ ASK. 2 commercial spaces - both with stable booming businesses, 4 large residential units: 1 - 4 bedroom, 1 - 2 bedroom, 2 - 1 bedroom, all with their own washer & dryers, 2 bay garage, & another flex space/commercial unit . Brand new roof 2021. No late or missed rent even during COVID! Under market rent for added income potential. Great location with easy access to 412 & 78. Investors won’t be disappointed. Minimum 24 hours notice & proof of funds required prior to showing.
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Property Details
Home Type
- Apartment
Est. Annual Taxes
- $9,870
Year Built
- Built in 1954
Home Design
- 10,528 Sq Ft Home
- Mixed Use
- Brick Exterior Construction
- Stone
Laundry
- Washer and Dryer Hookup
Parking
- 15 Parking Spaces
- Paved Parking
Outdoor Features
- Balcony
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Radiant Heating System
Listing and Financial Details
- Assessor Parcel Number Q7SW2D-8-4-0715
Community Details
Overview
- 8 Units
Building Details
- Electric Expense $2,930
- Insurance Expense $6,020
- Maintenance Expense $709
- Other Expense $300
- Trash Expense $1,480
- Water Sewer Expense $2,744
- Operating Expense $26,778
- Gross Income $99,840
- Net Operating Income $73,062
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 10, 2021
Closed on
Sep 9, 2021
Sold by
Wright Melvin J and Wright Alison E
Bought by
Seller's Agent
Vickie Landis
Keller Williams Realty Group
Buyer's Agent
Vickie Landis
Keller Williams Realty Group
List Price
$1,000,000
Sold Price
$965,000
Premium/Discount to List
-$35,000
-3.5%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,280
Avg. Annual Appreciation
5.91%
Original Mortgage
$723,750
Outstanding Balance
$644,035
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$643,245
Purchase Details
Closed on
Jun 28, 2007
Sold by
Wagner Bradford D
Bought by
Wright Melvin J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$751,000
Interest Rate
6.39%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hellertown, PA
-
Loren Keim
-
Nancy Bischoff
Nancy Bischoff
Better Homes and Gardens Real Estate Valley Partners
(848) 281-0796
88 Total Sales
1 in Hellertown
$295,000 Price
-
Tim Tepes
Tim Tepes
BetterHomes&GardensRE/Cassidon
(484) 666-3252
219 Total Sales
1 in Hellertown
$375,000 Price
-
Nick Smith
Nick Smith
Coldwell Banker Hearthside-Allentown
(484) 246-7713
439 Total Sales
1 in Hellertown
$315,000 Price
-
Joe McGavin
Joe McGavin
Realty One Group Supreme
(484) 666-0110
76 Total Sales
1 in Hellertown
$150,000 Price
-
Howard Schaeffer
Howard Schaeffer
RE/MAX Real Estate-Allentown
(484) 742-3993
263 Total Sales
5 in Hellertown
$326K - $350K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $965,000 | Tohickon Settlement Svcs Inc | ||
| Wright Melvin J | $751,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $723,750 | ||
| Closed | Wright Melvin J | $622,109 | |
| Previous Owner | Wright Melvin J | $751,000 | |
| Closed | Wagner Bradford D | $80,000 | |
| Closed | Wagner Bradford D | $255,000 | |
| Closed | Wagner Bradford D | $55,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/09/2021 09/09/21 | Sold | $965,000 | -3.5% | $92 / Sq Ft |
| 07/09/2021 07/09/21 | Pending | -- | -- | -- |
| 06/10/2021 06/10/21 | For Sale | $1,000,000 | -- | $95 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $1,229 | $113,800 | $41,200 | $72,600 |
| 2025 | $1,229 | $113,800 | $41,200 | $72,600 |
| 2024 | $9,896 | $113,800 | $41,200 | $72,600 |
| 2023 | $9,896 | $113,800 | $41,200 | $72,600 |
| 2022 | $9,756 | $113,800 | $41,200 | $72,600 |
| 2021 | $9,870 | $113,800 | $41,200 | $72,600 |
| 2020 | $9,870 | $113,800 | $41,200 | $72,600 |
| 2019 | $9,870 | $113,800 | $41,200 | $72,600 |
| 2018 | $9,739 | $113,800 | $41,200 | $72,600 |
| 2017 | $9,535 | $113,800 | $41,200 | $72,600 |
| 2016 | -- | $113,800 | $41,200 | $72,600 |
| 2015 | -- | $113,800 | $41,200 | $72,600 |
| 2014 | -- | $113,800 | $41,200 | $72,600 |
Source: Public Records
Agents Affiliated with this Home
-
Vickie Landis
Seller's Agent in 2021
Vickie Landis
Keller Williams Realty Group
(267) 261-7500
94 Total Sales
-
Trisha Lutteroty
Seller Co-Listing Agent in 2021
Trisha Lutteroty
Keller Williams Realty Group
(215) 768-4881
86 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 669729
APN: Q7SW2D-8-4-0715
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.
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.
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