$770,000
SOLD SEP 10, 2021
-- Bed
-- Bath
5,202 Sq Ft
2,788 Sq Ft Lot

Recently Sold

$148 Per Sq Ft

1% Below List Price

8 Days on Market

About This Home

As of September 2021

HIGHEST AND BEST DUE NO LATER THAN TUESDAY 7/27/21 AT 5PM (see agent remarks)
7 unit - leased with full security deposits. All yearly leases. All 2BD/1BA. Tenants pay Gas and Electric. Landlord Pay Cold Water/Sewer/Trash. Coin operated laundry provides additional income. This is One Building, two addresses, on three parcels of land.

Last Agent to Sell the Property

Jennifer de Jesus

Steel City Realty Listed on: 07/20/2021

Co-Listed By

Keith Takacs

Ignite Realty Group

Last Buyer's Agent

Aisha Smith

Coldwell Banker Hearthside

Coldwell Banker Hearthside

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,307

Year Built

  • Built in 1900

Home Design

  • 5,202 Sq Ft Home
  • Brick Exterior Construction

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number P6SE2D 13 12 0204

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $758
  • Insurance Expense $3,280
  • Trash Expense $869
  • Water Sewer Expense $2,740
  • Operating Expense $16,193
  • Gross Income $74,904
  • Net Operating Income $58,712

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,307

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 71100.00
  • Street Number Modifier: 739
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Bathrooms: Semi Modern
  • Square Footage: 5202

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: No Air
  • Heat Type: Gas, Radiant
  • Sewer: Public
  • Water: Public
  • Electric: 758
  • Gas: 353
  • Insurance: 3280
  • Trash Removal: 869
  • Water Sewer: 2740

Condo/Co-op/Association

  • Lawn Snow Removal: 2000

Fee Information

  • Operating Expense: 16193

Schools

  • School District: Bethlehem

Lot Info

  • Zoning Code: Rm-Residential

Tax Info

  • Assessor Parcel Number: P6SE2D 13 12 0204
  • County Taxes: 838.98
  • Municipal Taxes: 1360.85
  • Total Taxes: 6306.57

Multi Family

  • School Taxes: 4106.74
  • Total Units: 7
  • Total Unit Count: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Sep 2, 2021
Sold by
Petlyn Bethlehem Acquisitions Llc
Bought by
Don And Terri Newhouse Llc
Seller's Agent
Jennifer de Jesus
Steel City Realty
Buyer's Agent
Aisha Smith
Coldwell Banker Hearthside
List Price
$775,000
Sold Price
$770,000
Premium/Discount to List
-$5,000
-0.65%
Current Estimated Value
$595,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$174,500
Avg. Annual Appreciation
-6.28%
Original Mortgage
$577,500
Outstanding Balance
$527,768
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$67,732

Purchase Details

Listed on
Mar 27, 2016
Closed on
Jul 29, 2016
Sold by
Nas Pa Holdings Llc
Bought by
Petlyn Bethlehem Acquisitions Llc
Seller's Agent
Jennifer de Jesus
Steel City Realty
Buyer's Agent
Jennifer de Jesus
Steel City Realty
List Price
$475,000
Sold Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.89%

Purchase Details

Listed on
May 24, 2012
Closed on
Dec 31, 2012
Sold by
Dowling David
Bought by
Nas Pa Holdings Llc
Seller's Agent
Theodore VanWert
IronValley RE of Lehigh Valley
Buyer's Agent
Jennifer de Jesus
Steel City Realty
List Price
$398,800
Sold Price
$340,000
Premium/Discount to List
-$58,800
-14.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.79%
Source: Public Records

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Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $770,000 Steel Abstract
Deed $475,000 Attorney
Deed $340,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $577,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $770,000 -0.6% $148 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $775,000 +63.2% $149 / Sq Ft
07/29/2016 07/29/16 Sold $475,000 0.0% $91 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
03/27/2016 03/27/16 For Sale $475,000 +39.7% $91 / Sq Ft
12/31/2012 12/31/12 Sold $340,000 -14.7% $65 / Sq Ft
11/15/2012 11/15/12 Pending -- -- --
05/24/2012 05/24/12 For Sale $398,800 -- $77 / 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 $25 $2,300 $2,300 $0
2024 $203 $2,300 $2,300 $0
2023 $203 $2,300 $2,300 $0
2022 $202 $2,300 $2,300 $0
2021 $200 $2,300 $2,300 $0
2020 $198 $2,300 $2,300 $0
2019 $198 $2,300 $2,300 $0
2018 $193 $2,300 $2,300 $0
2017 $191 $2,300 $2,300 $0
2016 -- $2,300 $2,300 $0
2015 -- $2,300 $2,300 $0
2014 -- $2,300 $2,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 673585

Greater Lehigh Valley REALTORS®

APN: P6SE2D-13-12-0204