NOT LISTED FOR SALE

101 E Broad St Tamaqua, PA 18252

Tamaqua Area

Estimated Value: $1,648,917

Studio
-- Baths
21,000 Sq Ft
$79/Sq Ft Est. Value

Sale Details

Date Sold: May 10, 2022

Last sale price $950,000 $45 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $10,747 / mo

20 Days on Market

Highlights

  • Commercial or Retail Space
  • Central Air
  • Heating Available

About This Home

As of May 2022

The Flat Iron building is for sale! This completely occupied, turn of the century 1886 brick icon of the absolute center of downtown Tamaqua is a must see! Well appointed exposed brick walls, original hardwood floors, 4 commercial units, in varying sizes from 625 sq ft to 1850 sq ft. 10 residential 1-2 BR apartments, all with modern kitchens and baths. Elevator access to all 3 floors! Sale includes 2 tax parcels, 65-12-0180.000; 65-12-0181.000 and will convey with 12-14 car off street parking. See attached tax parcel numbers, income, expenses, leases, etc. This property is in the CRIZ zone, and would qualify if you put your business in this building as a business owner, fitting CRIZ criteria (see attached CRIZ info). Proof of pre-qualification prior to showings a must. Access to 4 units will be provided for initial showings. 48 hour notice required for showings.

Last Agent to Sell the Property

Kim Hillegass

Towne and Country Real Estate License #AB066450 Listed on: 04/02/2022

Last Buyer's Agent

Emily Schock

Bear Rock Realty LLC License #RM425422

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,325

Year Built

  • Built in 1886

Lot Details

  • 4,792 Sq Ft Lot
  • Property is zoned GC

Home Design

  • 21,000 Sq Ft Home
  • Commercial or Retail Space
  • Brick Exterior Construction

Parking

  • 12 Parking Spaces
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 65-12-0181

Community Details

Overview

  • 14 Units

Building Details

  • Insurance Expense $9,088
  • Operating Expense $21,147
  • Gross Income $120,900
  • Net Operating Income $99,753

Property Details

Property Type

Other

Est. Annual Taxes

$2,325

Year Built

Built in 1886

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial
  • County Assessment: 29685.00
  • Street Number Modifier: -109
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1886
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Square Footage: 21000

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 12

Utilities

  • Cooling: Central AC
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 9088

Fee Information

  • Operating Expense: 21147

Lot Info

  • Acres: 0.110
  • Lot Sq Ft: 4792
  • Zoning Code: GC

Tax Info

  • Assessor Parcel Number: 65-12-0181
  • County Taxes: 474.00
  • Municipal Taxes: 668.00
  • Total Taxes: 2325.00

Multi Family

  • School Taxes: 1183.00
  • Total Units: 14

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
Apr 2, 2022
Closed on
May 11, 2022
Sold by
Miller Todd G
Bought by
Seller's Agent
Kim Hillegass
Towne and Country Real Estate
Buyer's Agent
Emily Schock
Bear Rock Realty LLC
List Price
$1,300,000
Sold Price
$950,000
Premium/Discount to List
-$350,000
-26.92%
Current Estimated Value
$1,648,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$698,917
Avg. Annual Appreciation
13.61%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Tamaqua, 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
$950,000 None Listed On Document
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 $825,000
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
05/10/2022 05/10/22 Sold $950,000 -26.9% $45 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/02/2022 04/02/22 For Sale $1,300,000 -- $62 / 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 $49,606 $928,800 $24,200 $904,600
2025 $12,170 $139,385 $7,860 $131,525
2024 $11,276 $139,385 $7,860 $131,525
2023 $11,276 $139,385 $7,860 $131,525
2022 $2,337 $29,685 $11,720 $17,965
2021 $2,325 $29,685 $11,720 $17,965
2020 $2,277 $29,685 $11,720 $17,965
2018 $2,206 $29,685 $11,720 $17,965
2017 $2,141 $29,685 $11,720 $17,965
2015 -- $29,685 $11,720 $17,965
2011 -- $29,685 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 690377

Greater Lehigh Valley REALTORS®

APN: 65-12-0181.000

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