NOT LISTED FOR SALE

Estimated Value: $246,000 - $323,000

4 Beds
2 Baths
1,656 Sq Ft
$167/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $160,000 $97 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,452/month

14 Days on Market

About This Home

As of June 2019

PERCHED HIGH ON TOP OF THE HILL overlooking South Bethlehem & the Steel Stacks sits this turn-key 2 unit investment property offering some of the best views in Bethlehem! Conveniently located only blocks to Lehigh University, Sands Casino, Steel Stacks, and minutes to shopping, hospitals, shopping, etc. Being offered at a projected 9% cap rate, this clean, ready to rent building has freshly painted units and will not last long on the market. Start making money now, schedule your showings today!

Last Agent to Sell the Property

Jesse Chupella

Home Team Real Estate Listed on: 05/09/2019

Last Buyer's Agent

Laura Jo Hartshorne

Howard Hanna TheFrederickGroup License #RS188300L

Howard Hanna TheFrederickGroup

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,111

Year Built

  • Built in 1910

Lot Details

  • 5,600 Sq Ft Lot

Home Design

  • 1,656 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number P6SE3A 14 8 0204

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $360
  • Insurance Expense $1,000
  • Maintenance Expense $1,800
  • Trash Expense $360
  • Water Sewer Expense $600
  • Operating Expense $8,900
  • Gross Income $24,000
  • Net Operating Income $15,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,111

Year Built

Built in 1910

Lot Details

5,600 Sq Ft Lot

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Duplex/Both Halves
  • County Assessment: 35200.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Square Footage: 1656

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: No Air
  • Heat Type: Gas, Hot Water
  • Sewer: Public
  • Water: Public
  • Electric: 360
  • Heat: 1800
  • Insurance: 1000
  • Trash Removal: 360
  • Water Sewer: 600

Condo/Co-op/Association

  • Maintenance Repair: 1800

Fee Information

  • Operating Expense: 8900

Lot Info

  • Acres: 0.129
  • Lot Sq Ft: 5600
  • Zoning Code: RM

Tax Info

  • Assessor Parcel Number: P6SE3A 14 8 0204
  • County Taxes: 380.16
  • Municipal Taxes: 673.73
  • Total Taxes: 3111.33

Multi Family

  • School Taxes: 2057.44
  • Total Units: 2
  • Total Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2019
Closed on
Jun 28, 2019
Sold by
Liriano Onassis and Liriano Patricia
Bought by
Lynch Jordan T
Seller's Agent
Jesse Chupella
Home Team Real Estate
Buyer's Agent
Laura Jo Hartshorne
Howard Hanna TheFrederickGroup
List Price
$170,000
Sold Price
$160,000
Premium/Discount to List
-$10,000
-5.88%
Current Estimated Value
$276,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,353
Avg. Annual Appreciation
8.54%
Original Mortgage
$120,000
Outstanding Balance
$104,627
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$171,726
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
Lynch Jordan T $160,000 Keystone Premier Setmnt Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Jordan T $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2019 06/28/19 Sold $160,000 -5.9% $97 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $170,000 -- $103 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

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 $380 $35,200 $8,200 $27,000
2024 $3,111 $35,200 $8,200 $27,000
2023 $3,111 $35,200 $8,200 $27,000
2022 $3,087 $35,200 $8,200 $27,000
2021 $3,066 $35,200 $8,200 $27,000
2020 $3,037 $35,200 $8,200 $27,000
2019 $3,027 $35,200 $8,200 $27,000
2018 $2,953 $35,200 $8,200 $27,000
2017 $2,918 $35,200 $8,200 $27,000
2016 -- $35,200 $8,200 $27,000
2015 -- $35,200 $8,200 $27,000
2014 -- $35,200 $8,200 $27,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 610872

Greater Lehigh Valley REALTORS®

APN: P6SE3A-14-8-0204

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