NOT LISTED FOR SALE
13 Beds
7 Baths
6,104 Sq Ft
2,800 Sq Ft Lot

Sale Details

Date Sold: June 14, 2022

Last sale price $740,000 $121 Per Sq Ft

36 Days on Market

About This Home

As of June 2022

Highest and Best by end of day Saturday April 23rd. Investment opportunity! 7 unit apartment building available in South Bethlehem. Fully occupied, except for one unit being renovated. Low rents lead to a great value-add for the savvy investor. Current gross income of $69,000 can be increased to an incredible $92,400 by bringing these 2 bedroom units up to market rents. Located a few blocks up from the Sands Casino in Bethlehem and minutes from major routes. Pre-approval required before showing.

Last Agent to Sell the Property

Jonathan Campbell

Real of Pennsylvania License #RS297414 Listed on: 03/23/2022

Real of Pennsylvania

Co-Listed By

John Pohl

Real of Pennsylvania

Last Buyer's Agent

Christina Trabosci

IronValley RE of Lehigh Valley

IronValley RE of Lehigh Valley
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Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $7,235

Year Built

  • Built in 1930

Lot Details

  • 2,800

Parking

  • Off-Site Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 6,104 Sq Ft Home
  • 3-Story Property
  • Fire Escape

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 7 Full Bathrooms

Utilities

  • No Cooling
  • Heating Available

Additional Features

  • Balcony
  • 2,800 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number P6SE2D 4 22 0204

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $1,075
  • Trash Expense $1,186
  • Water Sewer Expense $3,316
  • Gross Income $69,000

Property Details

Home Type

Apartment

Est. Annual Taxes

$7,235

Year Built

Built in 1930

Lot Details

2,800 Sq Ft Lot

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 82500.00
  • Stories: 3.0
  • Street Number Modifier: 903
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Features: Balcony, Fire Escape
  • Bathrooms: 7
  • Full Bathrooms: 7
  • Bedrooms: 13
  • Square Footage: 6104

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Off Site

Utilities

  • Cooling: No Air
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Electric: 1075
  • Gas: 1057
  • Trash Removal: 1186
  • Water Sewer: 3316

Lot Info

  • Acres: 0.064
  • Lot Sq Ft: 2800
  • Zoning Code: Rm-Residential

Tax Info

  • Assessor Parcel Number: P6SE2D 4 22 0204
  • County Taxes: 891.00
  • Municipal Taxes: 1579.05
  • Total Taxes: 7235.25

Multi Family

  • School Taxes: 4765.20
  • Total Units: 7
  • Total Unit Count: 7

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
Jun 8, 2022
Sold by
Bought by
Seller's Agent
Jonathan Campbell
Real of Pennsylvania
Buyer's Agent
Christina Trabosci
IronValley RE of Lehigh Valley
List Price
$750,000
Sold Price
$740,000
Premium/Discount to List
-$10,000
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Outstanding Balance
$520,410
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,661,500
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 25, 2020
Closed on
Jul 13, 2020
Sold by
Bought by
Seller's Agent
Michael Seitz
BHHS Fox & Roach Easton
Buyer's Agent
Carlos Lopez
Real of Pennsylvania
List Price
$475,000
Sold Price
$515,500
Premium/Discount to List
$40,500
8.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
3.1%
Mortgage Type
Construction

Purchase Details

Closed on
May 12, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 1, 1986
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in South Bethlehem, PA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$740,000 None Listed On Document
-- None Available
$515,500 None Available
-- None Available
$120,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $555,000
Previous Owner $4,661,500
Closed $472,500
Closed $91,850
Closed $294,000
Closed $110,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2022 06/14/22 Sold $740,000 -1.3% $121 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $750,000 +45.5% $123 / Sq Ft
07/13/2020 07/13/20 Sold $515,500 +3.1% $84 / Sq Ft View Prior Sale
05/29/2020 05/29/20 Pending -- -- --
05/29/2020 05/29/20 Price Changed $500,000 +5.3% $82 / Sq Ft
05/25/2020 05/25/20 For Sale $475,000 -- $78 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $891 $82,500 $13,800 $68,700
2025 $891 $82,500 $13,800 $68,700
2024 $7,292 $82,500 $13,800 $68,700
2023 $7,292 $82,500 $13,800 $68,700
2022 $7,235 $82,500 $13,800 $68,700
2021 $7,187 $82,500 $13,800 $68,700
2020 $7,118 $82,500 $13,800 $68,700
2019 $7,094 $82,500 $13,800 $68,700
2018 $6,922 $82,500 $13,800 $68,700
2017 $6,839 $82,500 $13,800 $68,700
2016 -- $82,500 $13,800 $68,700
2015 -- $82,500 $13,800 $68,700
2014 -- $82,500 $13,800 $68,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 689776

Greater Lehigh Valley REALTORS®
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