NOT LISTED FOR SALE

718 E 4th St Bethlehem, PA 18015

Downtown Bethlehem Neighborhood

Estimated Value: $275,000 - $304,000

4 Beds
2 Baths
2,049 Sq Ft
$141/Sq Ft Est. Value

Last Sold September 20, 2024

Last sale price $270,000 $132 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,552/month

18 Days on Market

Highlights

  • Forced Air Heating System
  • Ceiling Fan
  • Baseboard Heating

About This Home

As of September 2024

2-unit investment property, fully occupied with qualified tenants. Existing leases run through end of June 2025. Roof and electric panels replaced within the last couple years. Unit 1 encompasses the first and second floor with 3 bedrooms, 1 bathroom, and a separate living space on each floor. Unit 2 is a 1BR/1BA apartment on the 3rd floor, which has a separate entrance in the rear of the building. Nicely finished units, separate utilities, and easy access to all amenities South Bethlehem has to offer. Don't miss the opportunity to add this turnkey investment to your portfolio.

Last Agent to Sell the Property

Ronald Bowser

Steel City Realty Listed on: 07/23/2024

Last Buyer's Agent

Katherine Medina

I-Do Real Estate License #RS366693

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,930

Year Built

  • Built in 1900

Lot Details

  • 1,380 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,049 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number P6SE2A 20 8 0204

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $756
  • Manager Expense $3,120
  • Trash Expense $420
  • Water Sewer Expense $1,000
  • Operating Expense $8,200
  • Gross Income $31,200
  • Net Operating Income $23,000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,930

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row/Townhouse
  • County Assessment: 32400.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Square Footage: 2049

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: Ceiling Fans, Wall AC
  • Heat Type: Baseboard, Forced Air, Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 756
  • Trash Removal: 420
  • Water Sewer: 1000

Condo/Co-op/Association

  • Management: 3120

Fee Information

  • Operating Expense: 8200

Lot Info

  • Acres: 0.032
  • Lot Sq Ft: 1380
  • Zoning Code: GC

Tax Info

  • Assessor Parcel Number: P6SE2A 20 8 0204
  • County Taxes: 349.92
  • Municipal Taxes: 636.34
  • Total Taxes: 2929.94

Multi Family

  • School Taxes: 1943.68
  • Total Units: 2
  • Total Unit Count: 2

MLS Schools

  • School District: Bethlehem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2024
Closed on
Sep 20, 2024
Sold by
West Side Investments Llc
Bought by
Cumbe George M
Seller's Agent
Ronald Bowser
Steel City Realty
Buyer's Agent
Katherine Medina
I-Do Real Estate
List Price
$260,000
Sold Price
$270,000
Premium/Discount to List
$10,000
3.85%
Views
13
Current Estimated Value
$289,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,334
Avg. Annual Appreciation
5.98%
Original Mortgage
$256,500
Outstanding Balance
$253,617
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$35,717

Purchase Details

Listed on
Apr 14, 2014
Closed on
Jul 31, 2014
Sold by
Bartek Edward F and Bartek Mary H
Bought by
West Side Investments Llc
Seller's Agent
Tammy Huk
Coldwell Banker Heritage R E
Buyer's Agent
Brandon Benner
Boutique One Properties LLC
List Price
$139,900
Sold Price
$120,000
Premium/Discount to List
-$19,900
-14.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%
Original Mortgage
$96,000
Interest Rate
4.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 1999
Bought by
Bartek Edward F and Bartek Mary H
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
Cumbe George M $270,000 First United Land Transfer
West Side Investments Llc $120,000 First American Title Ins Co
Bartek Edward F $30,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cumbe George M $256,500
Previous Owner West Side Investments Llc $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2024 09/20/24 Sold $270,000 +3.8% $132 / Sq Ft
08/10/2024 08/10/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $260,000 0.0% $127 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
07/23/2024 07/23/24 For Sale $260,000 +116.7% $127 / Sq Ft
07/31/2014 07/31/14 Sold $120,000 -14.2% $59 / Sq Ft View Prior Sale
05/09/2014 05/09/14 Pending -- -- --
04/14/2014 04/14/14 For Sale $139,900 -- $68 / 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 $350 $32,400 $7,000 $25,400
2024 $2,864 $32,400 $7,000 $25,400
2023 $2,864 $32,400 $7,000 $25,400
2022 $2,841 $32,400 $7,000 $25,400
2021 $2,822 $32,400 $7,000 $25,400
2020 $2,795 $32,400 $7,000 $25,400
2019 $2,786 $32,400 $7,000 $25,400
2018 $2,718 $32,400 $7,000 $25,400
2017 $2,686 $32,400 $7,000 $25,400
2016 -- $32,400 $7,000 $25,400
2015 -- $32,400 $7,000 $25,400
2014 -- $32,400 $7,000 $25,400
Source: Public Records

Agents Affiliated with this Home

  • Ronald Bowser

    Seller's Agent in 2024

    Ronald Bowser

    Steel City Realty

    (484) 895-9005

    12 in this area

    90 Total Sales

    Ronald Bowser
    Section Image
  • Katherine Medina

    Buyer's Agent in 2024

    Katherine Medina

    I-Do Real Estate

    (484) 951-1351

    1 in this area

    18 Total Sales

    Katherine Medina
    Section Image

  • T

    Seller's Agent in 2014

    Tammy Huk

    Coldwell Banker Heritage R E

    Section Image
  • Brandon Benner

    Buyer's Agent in 2014

    Brandon Benner

    Boutique One Properties LLC

    (610) 554-7342

    1 Total Sale

    Brandon Benner
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 742128

Greater Lehigh Valley REALTORS®

APN: P6SE2A-20-8-0204

Pennsylvania Northampton County Bethlehem 18015 Downtown Bethlehem

718 E 4th St, Bethlehem, PA

Not Listed for Sale

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