NOT LISTED FOR SALE

656 Main St Hellertown, PA 18055

Estimated Value: $446,635

2 Beds
2.5 Baths
5,200 Sq Ft
$86/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $315,000 $61 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,392/month

7 Days on Market

Highlights

  • Central Air
  • Saucon Valley Senior High School Rated 9+
  • 4-minute walk to Water Street Park

About This Home

As of October 2020

Great Investment Opportunity to own this historic building in Hellertown Borough. First floor offers two occupied commercial office spaces with lavatory. Second floor is an apartment with one bedroom, one bath, and private laundry. Third floor is one bedroom, one bath apartment. Shared parking lot in rear of building for plenty of off street parking with assigned spaces for tenants. Amenities include public water and sewer, first floor central air, oil heat, and many updates. Make your appointment today!

Last Agent to Sell the Property

Rosalie Miklas-Gebhardt

Miklas Realty Listed on: 09/22/2020

Last Buyer's Agent

Steve Hollander

House & Land Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,507

Year Built

  • Built in 1800

Lot Details

  • 5,900 Sq Ft Lot
  • Lot Dimensions are 28x184

Home Design

  • Mixed Use
  • Stucco Exterior

Interior Spaces

  • 5,200 Sq Ft Home
  • 2.5-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 7 Parking Spaces
  • Paved Parking

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number Q7SW2D

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $3,000
  • Trash Expense $1,200
  • Water Sewer Expense $600
  • Operating Expense $11,800
  • Gross Income $44,400
  • Net Operating Income $36,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,507

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Mixed Use
  • County Assessment: 63500.00
  • Stories: 2.5
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1800
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 2
  • Square Footage: 5200

Exterior Features

  • Construction: Stucco

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 7

Utilities

  • Cooling: Central AC
  • Heat Type: Oil, Radiator
  • Sewer: Public
  • Water: Public
  • Heat: 1500
  • Insurance: 3000
  • Trash Removal: 1200
  • Water Sewer: 600

Fee Information

  • Operating Expense: 11800

Lot Info

  • Acres: 0.135
  • Lot Dimensions: 28x184
  • Lot Sq Ft: 5900
  • Zoning Code: TC
  • Use Code: 4119

Tax Info

  • Assessor Parcel Number: Q7SW2D
  • County Taxes: 749.30
  • Municipal Taxes: 1365.25
  • Total Taxes: 5507.36

Multi Family

  • School Taxes: 3392.81
  • Total Units: 4
  • Total Unit Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
Oct 23, 2020
Sold by
Vanderwalt Enterprises Llc
Bought by
Wisteria Home Llc
Seller's Agent
Rosalie Miklas-Gebhardt
Miklas Realty
Buyer's Agent
Steve Hollander
House & Land Real Estate
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Current Estimated Value
$446,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,635
Avg. Annual Appreciation
6.90%

Purchase Details

Listed on
Jul 13, 2016
Closed on
Apr 28, 2017
Sold by
Gordon Charles W
Bought by
Vanderwalt Enterprises Llc
Seller's Agent
Robert Miklas
Miklas Realty
Buyer's Agent
Rosalie Miklas-Gebhardt
Miklas Realty
List Price
$299,900
Sold Price
$270,000
Premium/Discount to List
-$29,900
-9.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.52%
Original Mortgage
$245,000
Interest Rate
4.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 1997
Bought by
Gordon Charles W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Wisteria Home Llc $315,000 Woodstone Settlement Svcs
Vanderwalt Enterprises Llc $270,000 None Available
Gordon Charles W $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vanderwalt Enterprises Llc $245,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2020 10/23/20 Sold $315,000 -3.1% $61 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $325,000 +20.4% $63 / Sq Ft
04/28/2017 04/28/17 Sold $270,000 -10.0% $52 / Sq Ft View Prior Sale
01/23/2017 01/23/17 Pending -- -- --
07/13/2016 07/13/16 For Sale $299,900 -- $58 / 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 $686 $63,500 $32,000 $31,500
2024 $5,522 $63,500 $32,000 $31,500
2023 $5,522 $63,500 $32,000 $31,500
2022 $5,444 $63,500 $32,000 $31,500
2021 $5,507 $63,500 $32,000 $31,500
2020 $5,507 $63,500 $32,000 $31,500
2019 $5,507 $63,500 $32,000 $31,500
2018 $5,434 $63,500 $32,000 $31,500
2017 $5,321 $63,500 $32,000 $31,500
2016 -- $63,500 $32,000 $31,500
2015 -- $63,500 $32,000 $31,500
2014 -- $63,500 $32,000 $31,500
Source: Public Records

Agents Affiliated with this Home

  • Steve Hollander

    Buyer's Agent in 2020

    Steve Hollander

    House & Land Real Estate

    (610) 428-3770

    11 in this area

    67 Total Sales

    Steve Hollander
    Section Image

  • R

    Seller's Agent in 2017

    Robert Miklas

    Miklas Realty

    (484) 239-0269

    60 Total Sales

    Robert Miklas
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 649108

Greater Lehigh Valley REALTORS®

APN: Q7SW2D-8-3A-0715

Pennsylvania Northampton County Hellertown 18055

656 Main St, Hellertown, PA

Not Listed for Sale

MultiFamily

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