Carlos Ribau
Weichert Realtors
(484) 544-7008
57 Total Sales
1 in Hellertown
$450,000 Price
648 Main St Hellertown, PA 18055
Hellertown AreaEstimated Value: $1,287,280
Studio
--
Baths
10,528
Sq Ft
$122/Sq Ft
Est. Value
Highlights
- City View
- No HOA
- Downtown Location
- Saucon Valley Senior High School Rated 9+
- Tile or Brick Flooring
- 5-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
(610) 792-5900 teresekw@gmail.com Keller Williams Realty Group License #AB065442 Listed on: 06/10/2021
Last Buyer's Agent
(215) 340-5700 lynn@lynnsharer.com Keller Williams Real Estate-Doylestown License #RS323805
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,870
Year Built
- Built in 1954
Lot Details
- 11,001 Sq Ft 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
- Heating System Uses Natural Gas
- 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
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
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
$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
-
Carlos Ribau
-
Patricia Spitzer
Patricia Spitzer
Weichert Realtors - Allentown
(484) 742-3390
184 Total Sales
1 in Hellertown
$305,000 Price
-
Sureya Lococo
Sureya Lococo
RE/MAX Real Estate
(484) 666-0504
97 Total Sales
1 in Hellertown
$328,000 Price
-
Loren Keim
Loren Keim
Century 21 Keim Realtors
(610) 831-4500
423 Total Sales
1 in Hellertown
$330,000 Price
-
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
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: Bright MLS
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
-
Roger Valois
Buyer's Agent in 2021
Roger Valois
Keller Williams Real Estate-Doylestown
(267) 614-3046
24 Total Sales
Map
Source: Bright MLS
MLS Number: PANH108334
APN: Q7SW2D-8-4-0715
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