NOT LISTED FOR SALE

Estimated Value: $368,000 - $568,714

6 Beds
5 Baths
2,463 Sq Ft
$190/Sq Ft Est. Value

Last Sold February 05, 2019

Last sale price $316,000 $128 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,511/month

21 Days on Market

Highlights

  • Commercial or Retail Space
  • Baseboard Heating
  • 2-minute walk to Martin Luther king Jr park

About This Home

As of February 2019

5 UNIT APARTMENT BUILDING ~ $35,000+ GROSS ANNUAL INCOME ~ BELOW MARKET RENTS ~ FOUR 1 BEDROOM UNITS, ONE 2 BEDROOM UNIT ~ CONCRETE PAVED PARKING LOT INSTALLED BY OWNER ~ ELECTRIC BASEBOARD HEATING ~ LONG TERM PROPERTY OWNER ~ UNDER MARKET RENTS ~ WELL MAINTAINED PROPERTY. Long term property owner retiring, well maintained property. Off street concrete parking lot installed by owner. Get in on the ground floor of the South Bethlehem redevelopment movement today!

Last Agent to Sell the Property

Charalambos Papageorgiou

Emerald Realty Group Listed on: 11/26/2018

Last Buyer's Agent

Sean Burke

Equinox Advantage Real Estate License #RM423080

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,553

Year Built

  • Built in 1926

Lot Details

  • 2,788

Home Design

  • 2,463 Sq Ft Home
  • Commercial or Retail Space
  • Brick Exterior Construction
  • Frame Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Paved Parking

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number P6SW3B 8 1 0204

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $579
  • Insurance Expense $3,300
  • Water Sewer Expense $2,241
  • Gross Income $35,400

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,553

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Commercial
  • County Assessment: 40200.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Bathrooms: 5
  • Full Bathrooms: 5
  • Bedrooms: 6
  • Square Footage: 2463

Exterior Features

  • Construction: Brick, Frame

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 6

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Electric: 579
  • Insurance: 3300
  • Water Sewer: 2241

Lot Info

  • Zoning Code: RM

Tax Info

  • Assessor Parcel Number: P6SW3B 8 1 0204
  • County Taxes: 434.16
  • Municipal Taxes: 769.43
  • Total Taxes: 3553.28

Multi Family

  • School Taxes: 2349.69
  • Total Units: 5
  • Total Unit Count: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2018
Closed on
Feb 5, 2019
Sold by
Gonzalez Anibal and Gonzalez Ramona
Bought by
Advance Note Investments Llc
Seller's Agent
Charalambos Papageorgiou
Emerald Realty Group
Buyer's Agent
Sean Burke
Equinox Advantage Real Estate
List Price
$320,000
Sold Price
$316,000
Premium/Discount to List
-$4,000
-1.25%
Current Estimated Value
$468,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,679
Avg. Annual Appreciation
5.96%

Purchase Details

Closed on
Apr 1, 1998
Bought by
Gonzalez Anibal and Gonzalez Ramona
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Advance Note Investments Llc $316,000 None Available
Gonzalez Anibal $52,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2019 02/05/19 Sold $316,000 -1.3% $128 / Sq Ft
12/17/2018 12/17/18 Pending -- -- --
11/26/2018 11/26/18 For Sale $320,000 -- $130 / 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 $434 $40,200 $9,100 $31,100
2024 $3,553 $40,200 $9,100 $31,100
2023 $3,553 $40,200 $9,100 $31,100
2022 $3,526 $40,200 $9,100 $31,100
2021 $3,502 $40,200 $9,100 $31,100
2020 $3,468 $40,200 $9,100 $31,100
2019 $3,457 $40,200 $9,100 $31,100
2018 $3,373 $40,200 $9,100 $31,100
2017 $3,333 $40,200 $9,100 $31,100
2016 -- $40,200 $9,100 $31,100
2015 -- $40,200 $9,100 $31,100
2014 -- $40,200 $9,100 $31,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 596864

Greater Lehigh Valley REALTORS®

APN: P6SW3B 8 1 0204