NOT LISTED FOR SALE

Estimated Value: $312,994 - $350,000

4 Beds
2 Baths
1,953 Sq Ft
$166/Sq Ft Est. Value

Last Sold April 11, 2022

Last sale price $251,000 $129 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,760/month

1 Day on Market

About This Home

As of April 2022

Make your offer! This great two unit in the City of Bethlehem has been renovated and is a turnkey investment. Gross Income of $2,195 per month or $26,340 per year. With the past year expenses this property it is at 7.4 cap rate. Both units have shared use of the rear yard. The first floor has an enclosed front porch and open living area. The 2nd/3rd floor spacious unit has beautiful woodwork. Separate heat and electric service in each unit. Great location to everything downtown Bethlehem has to offer. Check out the expense analysis attached in the document section.

Last Agent to Sell the Property

Stephanie Salanik

Realty One Group Supreme License #AB068418 Listed on: 03/24/2022

Realty One Group Supreme

Last Buyer's Agent

Toshya Gonzalez

Weichert Realtors

Weichert Realtors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,578

Year Built

  • Built in 1900

Lot Details

  • 1,700 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,953 Sq Ft Home
  • 2.5-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number P6NE1B 18 11 0204

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,022
  • Gross Income $26,340

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,578

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: 40800.00
  • Stories: 2.5
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Square Footage: 1953

Exterior Features

  • Construction: Brick

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Electric, Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 1022

Schools

  • School District: Bethlehem

Lot Info

  • Acres: 0.039
  • Lot Sq Ft: 1700
  • Zoning Code: RT-RESIDENTIAL

Tax Info

  • Assessor Parcel Number: P6NE1B 18 11 0204
  • County Taxes: 440.64
  • Municipal Taxes: 780.91
  • Total Taxes: 3578.16

Multi Family

  • School Taxes: 2356.61
  • Total Units: 2
  • Total Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
Apr 11, 2022
Sold by
Monocacy General Contracting Llc
Bought by
Boon Investments Llc
Seller's Agent
Stephanie Salanik
Realty One Group Supreme
Buyer's Agent
Toshya Gonzalez
Weichert Realtors
List Price
$249,999
Sold Price
$251,000
Premium/Discount to List
$1,001
0.4%
Current Estimated Value
$324,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,999
Avg. Annual Appreciation
7.98%

Purchase Details

Listed on
Apr 20, 2018
Closed on
May 31, 2018
Sold by
Mihursky Timothy
Bought by
Monocacy General Contracting Llc
Seller's Agent
John Locher
BHHS Fox & Roach - Allentown
Buyer's Agent
Stephanie Salanik
Realty One Group Supreme
List Price
$114,900
Sold Price
$117,500
Premium/Discount to List
$2,600
2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.67%
Original Mortgage
$94,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2014
Sold by
Chiles Dirk S
Bought by
Grillo Pa Inc

Purchase Details

Closed on
Aug 26, 2003
Sold by
Psarros George
Bought by
Jacson Linda
Source: Public Records

Range of Values:

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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
Boon Investments Llc $251,000 None Listed On Document
Monocacy General Contracting Llc $117,500 None Available
Grillo Pa Inc $98,000 None Available
Jacson Linda $96,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Monocacy General Contracting Llc $94,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2022 04/11/22 Sold $251,000 +0.4% $129 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $249,999 0.0% $128 / Sq Ft
12/06/2019 12/06/19 Rented $925 0.0% --
12/05/2019 12/05/19 Under Contract -- -- --
11/25/2019 11/25/19 For Rent $925 0.0% --
05/31/2018 05/31/18 Sold $117,500 +2.3% $60 / Sq Ft
04/26/2018 04/26/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $114,900 -- $59 / 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 $441 $40,800 $11,000 $29,800
2024 $3,606 $40,800 $11,000 $29,800
2023 $3,606 $40,800 $11,000 $29,800
2022 $3,578 $40,800 $11,000 $29,800
2021 $3,554 $40,800 $11,000 $29,800
2020 $3,520 $40,800 $11,000 $29,800
2019 $3,508 $40,800 $11,000 $29,800
2018 $3,423 $40,800 $11,000 $29,800
2017 $3,382 $40,800 $11,000 $29,800
2016 -- $40,800 $11,000 $29,800
2015 -- $40,800 $11,000 $29,800
2014 -- $40,800 $11,000 $29,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 689906

Greater Lehigh Valley REALTORS®

APN: P6NE1B-18-11-0204