NOT LISTED FOR SALE

Estimated Value: $176,000 - $290,000

5 Beds
2 Baths
1,849 Sq Ft
$128/Sq Ft Est. Value

Last Sold June 12, 2017

Last sale price $137,000 $74 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,296/month

4 Days on Market

About This Home

As of June 2017

Investment Property turning a 15% cash on cash return!!! This is a massive home at nearly 2000 Sq Ft of Finished Space. A Fully Furnished, Spacious and Modern Home with a fenced in yard!! Only steps away from Lehigh University and the Entertainment District of South Bethlehem, this home is perfectly situated for convenience and comfort. The main floor has a Living Room, Kitchen, Full Bath, and Storage Area. The 2nd floor has 3 Bedrooms and a Full Bathroom. The 3rd Floor has an additional 2 Bedrooms and a storage area. This is a fully furnished rental. All appliances and all furnishings will be sold with the property. Schedule a private tour today!

Last Agent to Sell the Property

Jennifer de Jesus

Steel City Realty Listed on: 03/21/2017

Co-Listed By

Kristina Travis

Forefront Property Management License #RM426014

Last Buyer's Agent

Devin Zydyk

Coldwell Banker Hearthside

Coldwell Banker Hearthside

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,767

Year Built

  • Built in 1900

Lot Details

  • 1,530 Sq Ft Lot

Home Design

  • Semi-Detached or Twin Home
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,849 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Insurance Expense $800
  • Operating Expense $3,395
  • Gross Income $24,000
  • Net Operating Income $20,605

Listing and Financial Details

  • Assessor Parcel Number p6se2a2810

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,767

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Semi Detached/Twin
  • County Assessment: 31300.00
  • Stories: 3.0
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 5
  • Square Footage: 1849

Exterior Features

  • Construction: Frame, Vinyl

Utilities

  • Cooling: Window AC
  • Heat Type: Forced Air, Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 800

Fee Information

  • Operating Expense: 3395

Schools

  • School District: Bethlehem

Lot Info

  • Acres: 0.035
  • Lot Sq Ft: 1530
  • Zoning Code: RM

Tax Info

  • Assessor Parcel Number: p6se2a2810
  • County Taxes: 338.04
  • Municipal Taxes: 599.08
  • Total Taxes: 2766.61

Multi Family

  • School Taxes: 1829.49
  • Total Units: 1
  • Total Unit Count: 1

MLS Schools

  • School District: Bethlehem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2017
Closed on
Jul 12, 2017
Sold by
Shahani Samir and Omalley Michelle
Bought by
Shahani Brothers Llc
Seller's Agent
Jennifer de Jesus
Steel City Realty
Buyer's Agent
Devin Zydyk
Coldwell Banker Hearthside
List Price
$135,000
Sold Price
$137,000
Premium/Discount to List
$2,000
1.48%
Current Estimated Value
$238,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,874
Avg. Annual Appreciation
7.51%
Original Mortgage
$109,224
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 21, 2017
Closed on
May 11, 2017
Sold by
Briskman Peter
Bought by
Shahani Samir and Malley Michelle O
Seller's Agent
Jennifer de Jesus
Steel City Realty
Buyer's Agent
Devin Zydyk
Coldwell Banker Hearthside
List Price
$135,000
Sold Price
$137,000
Premium/Discount to List
$2,000
1.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,600
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 3, 2012
Closed on
Sep 6, 2012
Sold by
Young Austin A
Bought by
Briskman Peter
Seller's Agent
Vivian Grey
Morganelli Properties LLC
Buyer's Agent
Jennifer de Jesus
Steel City Realty
List Price
$129,999
Sold Price
$117,500
Premium/Discount to List
-$12,499
-9.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.29%
Original Mortgage
$88,125
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2011
Sold by
Rosenberg Eric D
Bought by
Young Austin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,747
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 6, 2006
Sold by
Burke Sean P
Bought by
Rosenberg Eric D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2004
Sold by
B & P 734 L L C
Bought by
Burke Katherine

Purchase Details

Closed on
Feb 20, 2003
Sold by
Hahn Terence
Bought by
B And P 734 L L C
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
Shahani Brothers Llc -- None Available
Shahani Samir $137,000 C R E S Title Ins Agency
Briskman Peter $117,500 First American Title Ins Co
Young Austin A $84,900 None Available
Rosenberg Eric D $116,000 --
Burke Katherine $61,000 --
B And P 734 L L C $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shahani Brothers Llc $260,800
Closed Shahani Brothers Llc $109,224
Closed Shahani Samir $109,600
Previous Owner Briskman Peter $88,125
Previous Owner Young Austin A $82,747
Previous Owner Rosenberg Eric D $60,000
Previous Owner Rosenberg Eric D $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2017 06/12/17 Sold $137,000 +1.5% $74 / Sq Ft
03/25/2017 03/25/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $135,000 0.0% $73 / Sq Ft
08/28/2015 08/28/15 Rented $1,750 -2.5% --
08/28/2015 08/28/15 Under Contract -- -- --
08/28/2015 08/28/15 For Rent $1,795 +2.6% --
08/01/2014 08/01/14 Rented $1,750 0.0% --
06/13/2014 06/13/14 Under Contract -- -- --
03/18/2014 03/18/14 For Rent $1,750 0.0% --
05/01/2013 05/01/13 Rented $1,750 0.0% --
05/01/2013 05/01/13 Under Contract -- -- --
02/20/2013 02/20/13 For Rent $1,750 0.0% --
09/14/2012 09/14/12 Sold $117,500 +6614.3% $64 / Sq Ft
08/14/2012 08/14/12 Pending -- -- --
08/13/2012 08/13/12 Rented $1,750 0.0% --
07/19/2012 07/19/12 Under Contract -- -- --
07/05/2012 07/05/12 For Rent $1,750 0.0% --
05/03/2012 05/03/12 For Sale $129,999 -- $70 / 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 $338 $31,300 $6,800 $24,500
2024 $2,767 $31,300 $6,800 $24,500
2023 $2,767 $31,300 $6,800 $24,500
2022 $2,745 $31,300 $6,800 $24,500
2021 $2,727 $31,300 $6,800 $24,500
2020 $2,701 $31,300 $6,800 $24,500
2019 $2,691 $31,300 $6,800 $24,500
2018 $2,626 $31,300 $6,800 $24,500
2017 $2,595 $31,300 $6,800 $24,500
2016 -- $31,300 $6,800 $24,500
2015 -- $31,300 $6,800 $24,500
2014 -- $31,300 $6,800 $24,500
Source: Public Records

Agents Affiliated with this Home

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Source: Greater Lehigh Valley REALTORS®

MLS Number: 541110

Greater Lehigh Valley REALTORS®

APN: P6SE2A 28 10 0204