NOT LISTED FOR SALE

701 Atlantic St Bethlehem, PA 18015

Downtown Bethlehem Neighborhood

Estimated Value: $473,000 - $549,000

5 Beds
6 Baths
4,452 Sq Ft
$115/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $264,600 $59 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,825/month

17 Days on Market

About This Home

As of May 2019

Rare opportunity to own this investment property in South Bethlehem! 701 - 703 - 705 Atlantic St in Bethlehem. Building 701/703 is a 4 unit - apt 1 is 1 bedroom, apt 2 is 3 bedroom. apt 3 is a 1 bedroom, apt 4 is 2 bedroom. 705 Atlantic is a 120 x 180 lot that is used as a parking lot however may be approved to build a multiple family home. Please see agent remarks.

Last Agent to Sell the Property

Dale Kessler

Realty 365 License #RS284385 Listed on: 04/22/2019

Last Buyer's Agent

Christopher Raad

Harvey Z Raad Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,861

Year Built

  • Built in 1900

Lot Details

  • Property is zoned Rm

Home Design

  • 4,452 Sq Ft Home
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Full Bathrooms

Parking

  • 10 Parking Spaces
  • Paved Parking

Utilities

  • No Cooling
  • Heating Available

Community Details

Listing and Financial Details

  • Assessor Parcel Number P6SE2D 22 15 0204

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,861

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Detached
  • County Assessment: 55000.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: 20

Interior Features

  • Bathrooms: 6
  • Full Bathrooms: 6
  • Bedrooms: 5
  • Square Footage: 4452

Exterior Features

  • Construction: Stone

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 10

Utilities

  • Cooling: No Air
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public

Schools

  • School District: Bethlehem

Lot Info

  • Zoning Code: Rm

Tax Info

  • Assessor Parcel Number: P6SE2D 22 15 0204
  • County Taxes: 594.00
  • Municipal Taxes: 1052.70
  • Total Taxes: 4861.45

Multi Family

  • School Taxes: 3214.75
  • Total Units: 6
  • Total Unit Count: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2019
Closed on
May 22, 2019
Sold by
Banc Of America Funding 2008 Ft1 Trust
Bought by
101 Re Investmetns Llc
Seller's Agent
Dale Kessler
Realty 365
Buyer's Agent
Christopher Raad
Harvey Z Raad Real Estate
List Price
$260,000
Sold Price
$264,600
Premium/Discount to List
$4,600
1.77%
Current Estimated Value
$510,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,400
Avg. Annual Appreciation
11.05%

Purchase Details

Closed on
Nov 30, 2018
Sold by
Angarita Amanda A and Angarita Amanda
Bought by
Us Bank Na and The Certicateholders Of Banc Of America

Purchase Details

Closed on
Dec 23, 2003
Sold by
Lopez Francisco Ortega
Bought by
Angarita Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
5.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 1, 1996
Bought by
Lopez Francisco Ortega
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
101 Re Investmetns Llc $264,600 Servicelink
Us Bank Na $1,522 None Available
Angarita Amanda $130,000 --
Lopez Francisco Ortega $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 101 Re Investment Llc $1,650,000
Previous Owner Angarita Amanda $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2019 05/24/19 Sold $264,600 +1.8% $59 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $260,000 -- $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 $616 $57,000 $15,900 $41,100
2024 $5,038 $57,000 $15,900 $41,100
2023 $5,038 $57,000 $15,900 $41,100
2022 $4,824 $55,000 $15,900 $39,100
2021 $4,791 $55,000 $15,900 $39,100
2020 $4,745 $55,000 $15,900 $39,100
2019 $4,729 $55,000 $15,900 $39,100
2018 $4,615 $55,000 $15,900 $39,100
2017 $4,560 $55,000 $15,900 $39,100
2016 -- $55,000 $15,900 $39,100
2015 -- $55,000 $15,900 $39,100
2014 -- $55,000 $15,900 $39,100
Source: Public Records

Agents Affiliated with this Home

  • Dale Kessler

    Seller's Agent in 2019

    Dale Kessler

    Realty 365

    (484) 707-3201

    3 in this area

    264 Total Sales

    Dale Kessler
    Section Image
  • Christopher Raad

    Buyer's Agent in 2019

    Christopher Raad

    Harvey Z Raad Real Estate

    (610) 390-2803

    6 in this area

    160 Total Sales

    Christopher Raad
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 609862

Greater Lehigh Valley REALTORS®

APN: P6SE2D-22-15-0204

Pennsylvania Northampton County Bethlehem 18015 Downtown Bethlehem

701 Atlantic St, Bethlehem, PA

This home is located at 701 Atlantic St, Bethlehem, PA 18015 since 22 April 2019 and is currently estimated at $510,000, approximately $114 per square foot. This property was built in 1900. 701 Atlantic St is a home located in Northampton County with nearby schools including Donegan Elementary School, Broughal Middle School, and Freedom High School.

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.

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