Seller's Agent in 2019
Jeff Torchia
Preferred Properties Plus
(610) 360-6466
274 Total Sales
712 E 4th St Bethlehem, PA 18015
Downtown Bethlehem Neighborhood
7
Beds
10
Baths
8,504
Sq Ft
4,740
Sq Ft Lot
About This Home
As of July 201910 Unit, 3 Building fantastic investment opportunity knocking! Located blocks from Steel Stacks and the Sands Casino in South Bethlehem. Easy access to restaurants, shopping, public transportation, and local attractions, 7 apartments and 3 commercial units on the 1st floor, All units are rented except 2 of the commercial units on the 1st floor, Tenants pay their own gas and electric and each unit has its own meter, The south side has seen a burst of commerce with new restaurants and businesses opening regularly. Well maintained and managed. Excellent investment opportunity!!
Last Buyer's Agent
Charalambos Papageorgiou
Emerald Realty Group
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,227
Year Built
- Built in 1920
Lot Details
- 4,740 Sq Ft Lot
Home Design
- Mixed Use
- Brick Exterior Construction
Interior Spaces
- 8,504 Sq Ft Home
- 3-Story Property
- Fire and Smoke Detector
Bedrooms and Bathrooms
- 7 Bedrooms
Utilities
- No Cooling
- Heating Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number P6SE2A 20 6
Community Details
Overview
- 10 Units
Building Details
- Insurance Expense $3,540
- Maintenance Expense $2,085
- Trash Expense $646
- Water Sewer Expense $3,139
- Operating Expense $20,059
- Gross Income $83,400
- Net Operating Income $63,341
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 31, 2022
Sold by
712 E 4Th Llc
Bought by
Val Property Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,030,000
Outstanding Balance
$971,668
Interest Rate
4.67%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 29, 2019
Closed on
Jul 15, 2019
Sold by
Kim Min Bae and Kim Minbae
Bought by
712 E 4Th Llc
Seller's Agent
Jeff Torchia
Preferred Properties Plus
Buyer's Agent
Charalambos Papageorgiou
Emerald Realty Group
List Price
$499,900
Sold Price
$480,000
Premium/Discount to List
-$19,900
-3.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jan 1, 1996
Bought by
Hetherington Ii Michael T
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Val Property Llc | $1,287,500 | None Listed On Document | |
| 712 E 4Th Llc | $480,000 | None Available | |
| Hetherington Ii Michael T | $77,700 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Val Property Llc | $1,030,000 | |
| Previous Owner | 712 E 4Th Llc | $515,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/15/2019 07/15/19 | Sold | $480,000 | -4.0% | $56 / Sq Ft |
| 04/10/2019 04/10/19 | Pending | -- | -- | -- |
| 03/29/2019 03/29/19 | For Sale | $499,900 | -- | $59 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
Tax History Compared to Growth
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 | $468 | $43,300 | $13,800 | $29,500 |
| 2024 | $3,827 | $43,300 | $13,800 | $29,500 |
| 2023 | $3,827 | $43,300 | $13,800 | $29,500 |
| 2022 | $3,797 | $43,300 | $13,800 | $29,500 |
| 2021 | $3,772 | $43,300 | $13,800 | $29,500 |
| 2020 | $3,736 | $43,300 | $13,800 | $29,500 |
| 2019 | $3,723 | $43,300 | $13,800 | $29,500 |
| 2018 | $3,633 | $43,300 | $13,800 | $29,500 |
| 2017 | $3,590 | $43,300 | $13,800 | $29,500 |
| 2016 | -- | $43,300 | $13,800 | $29,500 |
| 2015 | -- | $43,300 | $13,800 | $29,500 |
| 2014 | -- | $43,300 | $13,800 | $29,500 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Torchia
-
C
Buyer's Agent in 2019
Charalambos Papageorgiou
Emerald Realty Group
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 607017
APN: P6SE2A-20-6-0204
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