NOT LISTED FOR SALE

723 W Broad St Bethlehem, PA 18018

West Bethlehem Neighborhood

Estimated Value: $357,001

3 Beds
2 Baths
2,314 Sq Ft
$154/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $251,100 $109 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,323/month

11 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • 4-minute walk to Fairview Park

About This Home

As of May 2021

Fantastic investment opportunity! This 2-unit property has been well maintained and is in excellent condition. Great West Bethlehem location! Separate newer gas heating systems, 2 gas water heaters, 2 upgraded electric panels. Replacement windows throughout. First floor apartment features a kitchen, bath, extra-wide hall (which could be an additional room), office, bedroom, & living room. This apartment has central air. 1st floor tenant has access to basement, which contains washer, dryer. 2nd/3rd floor apartment contains kitchen, bath, office, living room & 2 bedrooms. Nice yard with off-street parking for 2 cars. Tenants pay gas & electric. Landlord pays water/sewer, trash removal, insurance, and taxes. No written leases - tenants are month to month. Rents have not been raised in years. Investment properties in this condition don't come along often! Clear C/O!
Tenants prefer to be there for showings, so showings will be restricted to Saturday, 4/3 and Sunday, 4/4.

Last Agent to Sell the Property

Kori Andralis-Erceg

BHHS Fox & Roach Bethlehem Listed on: 03/28/2021

BHHS Fox & Roach Bethlehem

Last Buyer's Agent

Lauren Midlam

VM Realty Group LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,888

Year Built

  • Built in 1910

Lot Details

  • 2,701 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,314 Sq Ft Home
  • 3-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Site Parking

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 642728622438001

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,500
  • Trash Expense $320
  • Water Sewer Expense $480
  • Operating Expense $6,187
  • Gross Income $23,400
  • Net Operating Income $17,213

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,888

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row/Townhouse
  • County Assessment: 136500.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Features: Hardwood, Wall-to-Wall Carpet, Wash/Dry Hook-ups
  • Bathrooms: Semi Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Square Footage: 2314

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Off Site
  • Parking Spaces: 2

Utilities

  • Cooling: Central AC
  • Heat Type: Gas, Radiator
  • Sewer: Public
  • Water: Public
  • Insurance: 1500
  • Trash Removal: 320
  • Water Sewer: 480

Fee Information

  • Operating Expense: 6187

Schools

  • School District: Bethlehem

Lot Info

  • Acres: 0.062
  • Lot Sq Ft: 2701
  • Zoning Code: CL-LIMITED COMMERCIAL

Tax Info

  • Assessor Parcel Number: 642728622438001
  • County Taxes: 515.97
  • Municipal Taxes: 825.83
  • Total Taxes: 3887.53

Multi Family

  • School Taxes: 2545.73
  • Total Units: 2
  • Total Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2021
Closed on
May 14, 2021
Sold by
Pappas Nicholas and Pappas Connie
Bought by
Hh 723 West Broad Street Llc
Seller's Agent
Kori Andralis-Erceg
BHHS Fox & Roach Bethlehem
Buyer's Agent
Lauren Midlam
VM Realty Group LLC
List Price
$230,000
Sold Price
$251,100
Premium/Discount to List
$21,100
9.17%
Total Days on Market
11
Current Estimated Value
$357,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,901
Avg. Annual Appreciation
9.03%

Purchase Details

Closed on
Feb 1, 1985
Sold by
Pappas Nicholas
Bought by
Pappas Nicholas and Pappas Connie

Purchase Details

Closed on
Jan 5, 1978
Bought by
Pappas Nicholas
Source: Public Records

Similar Homes in the area

  • 345 Hanover St, Bethlehem, PA 18018

    $264,900

    • 4 Beds
    • 2 Baths
    • 1,984 Sq Ft
    • 345 Hanover St
    • Bethlehem, PA

    Great opportunity to own this 4-bedroom, 1.5-bath semi-detached home, featuring full brick-front and a covered front porch. This home needs some TLC and is perfect for a DIYer looking to add their personal touch. Large Living room with spacious formal dinning room. A generous sized kitchen offers plenty of space for a breakfast table or island and provides direct access to the backyard. A

    Shabana Pathan Keller Williams Northampton

    Section Image
  • 304 2nd Ave, Bethlehem, PA 18018

    $299,000

    • 4 Beds
    • 2 Baths
    • 1,605 Sq Ft
    • 304 2nd Ave
    • Bethlehem, PA

    Charming & Stylish Twin in the Heart of West Bethlehem - Open House Friday 5/30 4p-6p and Saturday 5/31 10a-12p!Welcome to this beautifully decorated and lovingly maintained twin home in desirable West Bethlehem! From the moment you step inside, you’ll be greeted by exposed brick walls and fresh flooring that add warmth and character to the thoughtfully updated interior. With two newer bathrooms

    Christopher McCall Acre and Estate

    Section Image
  • 436 Montclair Ave, Bethlehem, PA 18015

    $273,000

    • 4 Beds
    • 1 Bath
    • 1,653 Sq Ft
    • 436 Montclair Ave
    • Bethlehem, PA

    Enjoy historic charm and convenience in Bethlehem's coveted Student Overlay Zone within walking distance to Lehigh University! This spacious 4 Bedroom 1 Bath end-unit boasts a traditional floor plan with beautiful high ceilings and generously-sized living, dining and kitchen areas. Kitchen offers plenty of cabinet storage, electric range, microwave and easy access to the adjacent dining area with

    Brandon Carrigan BHHS Regency Real Estate

    Section Image
  • 419 Woodlawn Ave, Bethlehem, PA 18018

    $290,000

    • 3 Beds
    • 2 Baths
    • 1,632 Sq Ft
    • 419 Woodlawn Ave
    • Bethlehem, PA

    Charming Colonial that is ready for you! This home has plenty of rooms and 2 full bathrooms. The 3rd floor was previously listed as a 4th bedroom with a bath, but the City has changed the codes and we can no call it that. There is plenty of room in the kitchen with stainless appliances, center island all with granite countertops. The open concept living room/dining room gives room for family

    Cathie Rogers Realty One Group Supreme

    Section Image
  • 1620 Easton Ave, Bethlehem, PA 18017

    $380,000

    • 1 Bed
    • 2 Baths
    • 2,902 Sq Ft
    • 1620 Easton Ave
    • Bethlehem, PA

    1620 Easton Avenue presents an attractive opportunity for conversion back to a large single-family home and many other potential opportunities within the Rg-Residential Zoning District. Any end use is subject to approval by the City of Bethlehem. This approximately 2902 sq ft property was a former dental office on the 1st floor with a spacious owner residence on the 2nd floor. Amenities include:

    Nancy Stano BHHS Fox & Roach - Allentown

    Section Image
  • 1171 E 4th St, Bethlehem, PA 18015

    $375,000

    • 4 Beds
    • 1 Bath
    • 1,774 Sq Ft
    • 1171 E 4th St
    • Bethlehem, PA

    Fantastic opportunity to purchase this 4 bedroom 1 full bath end of row home w/ detached EIGHT CAR GARAGE!! Perfect for the car enthusiast, investor or first time home buyer. The property is located in the heart of Bethlehem close to local dining & shopping, schools & parks as well as major Rt 78. The home features high ceilings & updated flooring throughout. The first floor offers a nice sized

    Anthony Ciocco Realty One Group Supreme

    Section Image
  • 1514 Ravena St Unit D, Bethlehem, PA 18015

    $289,000

    • 3 Beds
    • 1.5 Baths
    • 1,280 Sq Ft
    • 1514 Ravena St
    • Unit D
    • Bethlehem, PA

    Welcome to this spacious and inviting 3-bedroom townhome, perfect for comfortable everyday living. The main level features a bright living room and a generously sized eat-in kitchen. Upstairs, you’ll find three well-proportioned bedrooms, including a primary suite with great closet space. Enjoy the outdoors on your private deck, and with 2 parking spaces and extra visitor spots, parking is never

    Christopher George Keller Williams Real Estate - Bethlehem

    Section Image
  • 1514 Ravena St Unit DD, Bethlehem, PA 18015

    $300,000

    • 3 Beds
    • 1.5 Baths
    • 1,280 Sq Ft
    • 1514 Ravena St
    • Unit DD
    • Bethlehem, PA

    Tucked-Away Gem with Modern Updates & Scenic Backyard View This exceptional home offers the best of both worlds—peaceful natural surroundings right out your back door and a location that’s just minutes from schools, shopping, hospitals, and major commuter routes. Nestled at the end of a quiet cul-de-sac, you’ll enjoy a sense of retreat without sacrificing convenience. Step inside to discover

    Clara Bergstein RE/MAX Real Estate-Allentown

    Section Image
  • 21 Kiernan Ave, Hellertown, PA 18055

    $419,900

    • 4 Beds
    • 3 Baths
    • 2,197 Sq Ft
    • 21 Kiernan Ave
    • Hellertown, PA

    NEW CONSTRUCTION (END-UNIT) - JUST COMPLETED - FIRST FLOOR BEDROOM (16 x 12): This well crafted 2,197 square foot, 2-story colonial, is conveniently located only a mere 0.2 mile from I-78 (Exit-67; Hellertown). This exquisitely appointed home possesses an inviting, innovative floor plan of 4 bedrooms and 3 full bathrooms, boasting 9’ first floor ceilings, a gorgeous 20 x 14 designer kitchen

    Ron Paules Iron Valley Real Estate of Lehigh Valley

    Section Image
See All Homes in Bethlehem

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hh 723 West Broad Street Llc $251,100 None Available
Pappas Nicholas -- --
Pappas Nicholas $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hh 723 West Broad Street Llc $157,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $251,100 +9.2% $109 / Sq Ft
04/08/2021 04/08/21 Pending -- -- --
03/28/2021 03/28/21 For Sale $230,000 -- $99 / 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 $3,922 $136,500 $18,900 $117,600
2024 $3,877 $136,500 $18,900 $117,600
2023 $3,842 $136,500 $18,900 $117,600
2022 $3,905 $136,500 $117,600 $18,900
2021 $3,888 $136,500 $18,900 $117,600
2020 $3,763 $136,500 $18,900 $117,600
2019 $3,791 $136,500 $18,900 $117,600
2018 $3,717 $136,500 $18,900 $117,600
2017 $3,552 $136,500 $18,900 $117,600
2016 -- $136,500 $18,900 $117,600
2015 -- $136,500 $18,900 $117,600
2014 -- $136,500 $18,900 $117,600
Source: Public Records

Agents Affiliated with this Home

  • Kori Andralis-Erceg

    Seller's Agent in 2021

    Kori Andralis-Erceg

    BHHS Fox & Roach

    (610) 533-6758

    8 in this area

    82 Total Sales

    Kori Andralis-Erceg
    Section Image

  • L

    Buyer's Agent in 2021

    Lauren Midlam

    VM Realty Group LLC

    (610) 509-1332

    3 in this area

    90 Total Sales

    Lauren Midlam
    Section Image
See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 664087

Greater Lehigh Valley REALTORS®

APN: 642728622438-1

Pennsylvania Lehigh County Bethlehem 18018 West Bethlehem

723 W Broad St, Bethlehem, PA

This home is located at 723 W Broad St, Bethlehem, PA 18018 since 28 March 2021 and is currently estimated at $357,001, approximately $154 per square foot. This property was built in 1910. 723 W Broad St is a home located in Lehigh County with nearby schools including Calypso Elementary School, Nitschmann Middle School, and Liberty 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.

Greater Lehigh Valley REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes