NOT LISTED FOR SALE

Estimated Value: $155,000 - $171,000

3 Beds
1.5 Baths
1,068 Sq Ft
$152/Sq Ft Est. Value

Last Sold June 08, 2017

Last sale price $53,000 $50 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $881/month

289 Days on Market

About This Home

As of June 2017

Calling all investors looking for a cap rate of at least 10% on a house that is already rented out. Here's a great opportunity in South Bethlehem for a nice-sized 3 BD 1.5 BA townhome. The first floor offers a nice-sized living room that leads into the formal dining room. Continue into the eat-in kitchen that has great cabinet space. Finishing this level is half bath and laundry area. Upstairs are 3 bedrooms and a full bathroom. Heading outside you will find a concrete patio and space for a garden. This property offers lots of versatility, so bring your creative ideas! Located just blocks away from Lehigh University, great south side restaurants, Steel Stacks and Sands Casino, you will want to see it today!

Last Agent to Sell the Property

Jennifer de Jesus

Steel City Realty Listed on: 07/11/2016

Co-Listed By

Mike Dragotta

Coldwell Banker Hearthside

Last Buyer's Agent

Carmen E. LaJas

Signature Lux Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1900

Lot Details

  • 1,155 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,068 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Internet Available
  • Satellite Dish
  • Cable TV Available

Community Details

  • Insurance Expense $800
  • Gross Income $8,580
  • Net Operating Income $6,172

Listing and Financial Details

  • Assessor Parcel Number P6SE2A-13-12-0204

Townhouse Details

Home Type

Townhome

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
  • Technology: Cable, DSL, Satellite
  • County Assessment: 19400.00
  • Stories: 2.0
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Square Footage: 1068

Exterior Features

  • Construction: Brick, Vinyl

Utilities

  • Cooling: No Air
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 800

Schools

  • School District: Bethlehem

Lot Info

  • Acres: 0.027
  • Lot Sq Ft: 1155
  • Zoning Code: RM

Tax Info

  • Assessor Parcel Number: P6SE2A-13-12-0204
  • County Taxes: 209.52
  • Municipal Taxes: 371.32
  • Total Taxes: 1714.77

Multi Family

  • School Taxes: 1133.93
  • Total Units: 1
  • Total Unit Count: 1

MLS Schools

  • School District: Bethlehem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2016
Closed on
Jun 8, 2017
Sold by
Mundy Nicole R and Love Nicole R
Bought by
Gk Investment Properties 2 Llc
Seller's Agent
Jennifer de Jesus
Steel City Realty
Buyer's Agent
Carmen E. LaJas
Signature Lux Realty
List Price
$61,900
Sold Price
$53,000
Premium/Discount to List
-$8,900
-14.38%
Total Days on Market
289
Current Estimated Value
$162,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,667
Avg. Annual Appreciation
15.09%

Purchase Details

Closed on
Nov 1, 2000
Bought by
Commonwealth Real Estate Investment
Source: Public Records

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Range of Values:

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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
Gk Investment Properties 2 Llc -- None Available
Commonwealth Real Estate Investment $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gk Investment Properties 2 Llc $500,400
Closed Gk Investment Properties 2 Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2017 06/08/17 Sold $53,000 +7312.6% $50 / Sq Ft
04/26/2017 04/26/17 Pending -- -- --
08/22/2016 08/22/16 Rented $715 0.0% --
08/20/2016 08/20/16 Under Contract -- -- --
07/18/2016 07/18/16 For Rent $715 0.0% --
07/11/2016 07/11/16 For Sale $61,900 0.0% $58 / Sq Ft
07/27/2015 07/27/15 Rented $690 0.0% --
07/20/2015 07/20/15 Under Contract -- -- --
07/15/2015 07/15/15 For Rent $690 -- --
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 $210 $19,400 $4,600 $14,800
2024 $1,715 $19,400 $4,600 $14,800
2023 $1,715 $19,400 $4,600 $14,800
2022 $1,701 $19,400 $4,600 $14,800
2021 $1,690 $19,400 $4,600 $14,800
2020 $1,674 $19,400 $4,600 $14,800
2019 $1,668 $19,400 $4,600 $14,800
2018 $1,628 $19,400 $4,600 $14,800
2017 $1,608 $19,400 $4,600 $14,800
2016 -- $19,400 $4,600 $14,800
2015 -- $19,400 $4,600 $14,800
2014 -- $19,400 $4,600 $14,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 528433

Greater Lehigh Valley REALTORS®

APN: P6SE2A-13-12-0204