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$350,000
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Property Description
*OPEN HOUSE CANCELED- OFFER ACCEPTED* Welcome to 490 1st Terrace, a fully renovated 3-bedroom, 2.5-bath home boasting 1,728 sqft on a tree-backed 0.16-acre lot with the potential for a parcel split to create an additional buildable lot. This turn-key property, revamped in 2023, features new plumbing, electrical, HVAC, drywall, flooring, and finishes. Step into the entryway to be greeted by an open living room and dining area that flows into the modern kitchen featuring stainless steel appliances, white shaker cabinets & quartz countertops. A modern bathroom and newer washer/dryer units complete the first floor. The second floor features all bedrooms, 2 full baths, and attic access to the generous storage area with HVAC mechanicals while the unfinished basement provides an opportunity for additional personal touches. This home offers move-in-ready convenience and huge potential for value-add while being just minutes from vibrant downtown Bethlehem, with its charming boutiques, diverse dining, and events. Enjoy proximity to Lehigh University and the perfect blend of historic charm and modern upgrades in this prime location. Buyer to verify all zoning regulations and necessary variances with the City of Bethlehem.
Full Property Details
Full Property Details for 488-490 1st Terrace
General
- Sold For: $350,000
- Taxes: $3,641 (2022)
- Status: Closed
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: PANH2008308
- Added to Site: 181 day(s) ago
Interior
- Rooms/Areas: Living Room
- Interior Features: Attic
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
- Upper Floor Baths: 2
- Upper - Full Baths: 2
- Main Floor Baths: 1
- Main - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Upper: 3
Parking
- Parking Features: Asphalt Driveway
- Parking Type: Driveway, On Street
Location
- Area: Bethlehem City (12404)
- Municipality: BETHLEHEM CITY
- County: NORTHAMPTON
- Subdivision: BETHLEHEM CITY
- Driving Directions: Use GPS: Home is 490 1st Terrace, Lot is 488 1st Terrace.
School Information
- School District: Bethlehem Area
Community
- Pets Allowed: Yes
- Pets: No Pet Restrictions
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Natural Gas
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Detached
- Construction: Vinyl Siding, Aluminum Siding
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Foundation: Block
- Stories Description: Main, Upper 1
- Square Feet: 1,728
- Sq. Ft. Source: Assessor
- Living Area: 1,728 Sq. Ft.
- Finished Above Grnd: 1,728 Sq. Ft.
- Year Built: 1910
- Year Built Source: Assessor
- Property Condition: Very Good
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,840
- Lot Size Source: Assessor
- Zoning: RM
Financial Considerations
- Price Per Sq. Ft.: $188.08
- Assessment Year: 2023
- School Tax: $2,408
- City/TownTax: $788
- City/TownTax Freq: Annually
- County Tax: $444
- County Tax Freq: Annually
- Tax w/Assessment: $41,200
- Tax Amount: $3,641
- Tax Year: 2022
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1728
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: Refrigerator, Washer, Dryer, Dishwasher, Additional Items negotiable
- Lot Number: P6SE4B
Listed by EXP Realty, LLC, Mikhail Ivanov and EXP Realty, LLC, Kallie Marie Pyatt
Sold by EXP Realty, LLC, Michael W LaPorta Jr.
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Price & Sales History for 488-490 1st Terrace
Date
Details
Price
Change
Source
8/08/2025
Sold
$350,000
7.69%
MLS
7/21/2025
Listed
$325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
488-490 1st Terrace, Bethlehem, PA 18015 (MLS# PANH2008308) is a Single Family property that was sold at $350,000 on August 08, 2025. Want to learn more about 488-490 1st Terrace? Do you have questions about finding other Single Family real estate for sale in Bethlehem? You can browse all Bethlehem real estate or contact a Coldwell Banker agent to request more information.
