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3 South Commerce Way

3 South Commerce Way, Bethlehem, PA 18017
Property in Bethlehem
Local assessors in Bethlehem, PA have categorized 3 South Commerce Way as a industrial type of property. The home was built in 1990 and is 34 years old. The property's lot size has been calculated to be 87,991 square feet. If we look only at the heated or air conditioned part of the building, then 3 South Commerce Way has a total of 15,927 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with steel control joints. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $24,641 in taxes each year. 3 South Commerce Way was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $321,100. If we break it down further, the land itself was valued at $70,700. Improvements to the property, however, were assessed at a total of $250,400. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Bedroom Count: 0
  • Construction Type: Steel
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 87,991
  • Total Building Area: 15,927
  • Gross Building Area: 15,927
  • Building Area: 15,927
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 15,927
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Industrial
  • Land Acres: 2.02
  • Standard Land Use Code: Industrial park

Ownership

  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Bethlehem Area School District
  • School Tax School District: BETHLEHEM SCH
  • Census Tract: 017605

Zoning

  • Zoning: LI

Geography

  • District: 05
  • Parcel: M6 15 26 0205
  • Municipality: BETHLEHEM TOWNSHIP
  • Latitude: 40.6771
  • Longitude: -75.3736

    Address

  • Full Address: 3 S Commerce Way
  • Address - House Number: 3
  • Street Direction: S
  • Address - Street Name: Commerce
  • Address - Suffix Type: Way
  • State: PA
  • City Name: Bethlehem
  • Carrier Code: R015
  • 4-Digit Zip Code: 8916
  • Zip Code: 18017

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $24,641
  • Tax Rate Code Area: BETHLEHEM

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,075,000
  • First Open Lien Mortgage Lender: SANTANDER BANK NA
  • First Open Lien Mortgage Recording Date: Nov 20, 2017
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $875,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Nov 20, 2047
  • Second Open Lien Mortgage Lender: WACHOVIA BANK NA
  • Second Open Lien Mortgage Recording Date: Nov 13, 2007
  • Second Open Lien Mortgage Loan Amount: $1,200,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Second Open Lien Mortgage Loan Due Date: Nov 13, 2037

    Market Valuation

  • Market Total Value: $642,200
  • Market Land Value: $141,400
  • Market Improvement Value: $500,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $321,100
  • Assessed Land Value: $70,700
  • Assessed Improvements Value: $250,400

About Northampton



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Frequently Asked Questions

What neighborhood is 3 South Commerce Way located in?
The 3 South Commerce Way is a located in the neighborhood of Bethlehem in Northampton, Bethlehem.
What is the average sales price for listings in 3 South Commerce Way?
The average sales price for units in 3 South Commerce Way is $0 currently.

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