Shabana Pathan
Keller Williams Real Estate - Bethlehem
(484) 666-3084
335 Total Sales
1 in Freemansburg
$225,000 Price
655 Main St Freemansburg, PA 18017
Freemansburg AreaEstimated Value: $736,742
Studio
--
Baths
7,204
Sq Ft
$102/Sq Ft
Est. Value
Highlights
- 0.76 Acre Lot
- 40 Car Garage
- Historic Home
- Central Air
About This Home
As of September 2018Fantastic commercial/investment opportunity to own the Willow Grove Hotel, a successful operating bar/hotel. Conveniently located between Easton and Bethlehem with easy access to Rt. 22, Rt. 33 and I-78, and within minutes of Sands Casino, SteelStacks and Musikfest. **Hotel liquor license included in sale.** This 1890s, 7,200-sq.-ft. building and ¾-acre property allow you to continue operating business as is or adapt for your use. Property boasts a first-floor bar with seating for 40+ patrons, pool table area with fireplace, banquet room, kitchen and rest rooms, as well as potential for outdoor bar space. Second and third floors consist of rental apartments ($550/month+ each) and rental rooms ($75/weekly each), which are typically occupied. Office and storage space complete the upstairs. Parking lot accommodates 40+ vehicles, and off-street parking is available. 2-car oversized garage, currently rented out at $300/month. Property needs TLC/updating but offers incredible potential!
Last Agent to Sell the Property
Equity Lehigh Valley LLC License #RS283832 Listed on: 11/21/2016
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Property Details
Home Type
- Apartment
Est. Annual Taxes
- $4,419
Year Built
- Built in 1890
Lot Details
- 33,060 Sq Ft Lot
- Historic Home
Parking
- 40 Car Garage
Home Design
- 7,204 Sq Ft Home
- Mixed Use
Utilities
- Central Air
- No Cooling
- Heating System Uses Gas
Community Details
- 9 Units
Listing and Financial Details
- Assessor Parcel Number N7SW3B 4 4A 0212
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
Nov 21, 2016
Closed on
Sep 25, 2018
Sold by
Zimmerer Michael C
Bought by
Seller's Agent
Lena Azar
Equity Lehigh Valley LLC
Buyer's Agent
Gary Elbert
Bellman & Radcliff
List Price
$3,759,000
Sold Price
$435,000
Premium/Discount to List
-$3,324,000
-88.43%
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
$301,742
Avg. Annual Appreciation
6.81%
Original Mortgage
$404,750
Outstanding Balance
$344,815
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$391,927
Purchase Details
Closed on
May 1, 1988
Sold by
Zimmerer Michael C
Bought by
Zimmerer Michael C
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Freemansburg, PA
-
Shabana Pathan
-
Loren Keim
Loren Keim
Century 21 Keim Realtors
(610) 831-4500
428 Total Sales
2 in Freemansburg
$145K - $335K Price Range
-
Nancy Bischoff
Nancy Bischoff
Better Homes and Gardens Real Estate Valley Partners
(848) 281-0796
87 Total Sales
3 in Freemansburg
$225K - $295K Price Range
-
Tim Tepes
Tim Tepes
BetterHomes&GardensRE/Cassidon
(484) 666-3252
217 Total Sales
1 in Freemansburg
$225,000 Price
-
Nick Smith
Nick Smith
Coldwell Banker Hearthside-Allentown
(484) 246-7713
446 Total Sales
8 in Freemansburg
$175K - $355K Price Range
-
Joe McGavin
Joe McGavin
Realty One Group Supreme
(484) 666-0110
77 Total Sales
3 in Freemansburg
$160K - $324K 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 |
|---|---|---|---|
| $435,000 | Parkland Abstract Corporatio | ||
| Zimmerer Michael C | $71,000 | -- |
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 | $404,750 |
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 |
|---|---|---|---|---|
| 09/25/2018 09/25/18 | Sold | $435,000 | -88.4% | $60 / Sq Ft |
| 04/03/2018 04/03/18 | Pending | -- | -- | -- |
| 11/21/2016 11/21/16 | For Sale | $3,759,000 | -- | $522 / 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 | $615 | $56,900 | $24,100 | $32,800 |
| 2025 | $615 | $56,900 | $24,100 | $32,800 |
| 2024 | $4,965 | $56,900 | $24,100 | $32,800 |
| 2023 | $4,979 | $56,900 | $24,100 | $32,800 |
| 2022 | $4,826 | $56,900 | $24,100 | $32,800 |
| 2021 | $4,793 | $56,900 | $24,100 | $32,800 |
| 2020 | $4,258 | $50,500 | $24,100 | $26,400 |
| 2019 | $4,244 | $50,500 | $24,100 | $26,400 |
| 2018 | $4,172 | $50,500 | $24,100 | $26,400 |
| 2017 | $4,147 | $50,500 | $24,100 | $26,400 |
| 2016 | -- | $50,500 | $24,100 | $26,400 |
| 2015 | -- | $50,500 | $24,100 | $26,400 |
| 2014 | -- | $50,500 | $24,100 | $26,400 |
Source: Public Records
Agents Affiliated with this Home
-
Lena Azar
Seller's Agent in 2018
Lena Azar
Equity Lehigh Valley LLC
(484) 294-1063
8 Total Sales
-
Kate Schaffner
KS
Seller Co-Listing Agent in 2018
Kate Schaffner
Equity Lehigh Valley LLC
(610) 554-6014
11 Total Sales
-
Gary Elbert
GE
Buyer's Agent in 2018
Gary Elbert
Bellman & Radcliff
(610) 393-1801
113 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 535003
APN: N7SW3B-4-4A-0212
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