Seller's Agent in 2021
Vickie Landis
Keller Williams Realty Group
(484) 272-7738
3 in this area
119 Total Sales
648 Main St Hellertown, PA 18055
Estimated Value: $1,259,571
--
Bed
--
Bath
10,528
Sq Ft
$120/Sq Ft
Est. Value
Highlights
- City View
- No HOA
- Downtown Location
- Saucon Valley Senior High School Rated 9+
- Tile or Brick Flooring
- 4-minute walk to Water Street Park
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, & an additional 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.
Last Agent to Sell the Property
(484) 272-7738 nextkeymove@gmail.com Keller Williams Realty Group License #AB065442 Listed on: 06/10/2021
Last Buyer's Agent
(267) 614-3046 rvalois123@yahoo.com Keller Williams Real Estate-Doylestown License #RS323805
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,870
Year Built
- Built in 1954
Lot Details
- 0.25 Acre Lot
- Downtown Location
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
- Stone Foundation
- Asphalt Roof
Interior Spaces
- 10,528 Sq Ft Home
- City Views
Flooring
- Carpet
- Laminate
- Tile or Brick
Parking
- 15 Open Parking Spaces
- 15 Parking Spaces
- Private Parking
- Paved Parking
- On-Street Parking
- Parking Lot
Schools
- Saucon Valley Elementary And Middle School
- Saucon Valley Senior High School
Utilities
- Forced Air Heating and Cooling System
- Radiant Heating System
- Electric Water Heater
Listing and Financial Details
- The owner pays for real estate taxes
- Tax Lot 4
- Assessor Parcel Number Q7SW2D-8-4-0715
Community Details
Overview
- No Home Owners Association
- 4 Units
- 2-Story Building
- None Available Subdivision
Building Details
- Income includes apartment rentals, shop rentals
- Insurance Expense $6,020
- Maintenance Expense $894
- Trash Expense $1,480
- Operating Expense $26,778
- Net Operating Income $73,062
Ownership History
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
Groveland Properties Llc
Seller's Agent
Vickie Landis
Keller Williams Realty Group
Buyer's Agent
Roger Valois
Keller Williams Real Estate-Doylestown
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
$294,571
Avg. Annual Appreciation
6.38%
Original Mortgage
$723,750
Outstanding Balance
$658,559
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$601,012
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
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Groveland Properties Llc | $965,000 | Tohickon Settlement Svcs Inc | |
| Wright Melvin J | $751,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Groveland Properties Llc | $723,750 | |
| Previous Owner | Wright Melvin J | $751,000 |
Source: Public Records
Property History
| 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: Bright MLS
Tax History Compared to Growth
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 | $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
-
Trisha Lutteroty
Seller Co-Listing Agent in 2021
Trisha Lutteroty
Keller Williams Realty Group
(215) 768-4881
2 in this area
100 Total Sales
-
Roger Valois
Buyer's Agent in 2021
Roger Valois
Keller Williams Real Estate-Doylestown
(267) 614-3046
1 in this area
27 Total Sales
Map
Source: Bright MLS
MLS Number: PANH108334
APN: Q7SW2D-8-4-0715
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