NOT LISTED FOR SALE

120 S Broad St Nazareth, PA 18064

Estimated Value: $320,311 - $339,000

3 Beds
1 Bath
1,886 Sq Ft
$177/Sq Ft Est. Value

Last Sold July 08, 2021

Last sale price $258,650 $137 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,809/month

36 Days on Market

About This Home

As of July 2021

Building consists of 2 one bedroom apartments, both currently rented, both leased until the fall of 2021. Pics online are of 1st floor unit when it was vacant in 2019. Each unit has one car off street parking spot. Landlord pays water, sewer and garbage. Tenants pay gas heat & electric. Each unit has its own gas furnace & elec circuit breaker service. Domestic hot water for 1st floor unit is gas, 2nd floor is electric with water heater located in an enclosed area behind bathtub. For storage purposes 1st floor unit has use of the basement, 2nd floor unit has use of the attic. Appliances included on 1st floor is dishwasher, included on 2nd floor is refrigerator and dishwasher, any other appliances and window unit ac are property of tenants. Ornamental fp on 2nd flr is tenants property. Building is in GC Commercial zoning district, high traffic location, check with Borough for allowable business usage. Short walk to the center of town.

Last Agent to Sell the Property

Gregory Smith

BHHS - Choice Properties License #AB046377A Listed on: 03/24/2021

BHHS - Choice Properties

Last Buyer's Agent

Gregory Smith

BHHS - Choice Properties License #AB046377A Listed on: 03/24/2021

BHHS - Choice Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,976

Year Built

  • Built in 1900

Lot Details

  • 5,076 Sq Ft Lot
  • Lot Dimensions are 48x11x47x111
  • Property is zoned GC-GENERAL COMMERCIAL

Interior Spaces

  • 1,886 Sq Ft Home
  • 2.5-Story Property
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Paved Parking

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number J7SE3A 10 5A 0421

Community Details

Overview

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,976

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Detached
  • Technology: Smk Detector Battery
  • County Assessment: 47600.00
  • Stories: 2.5
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Bathrooms: Semi Modern
  • Square Footage: 1886

Exterior Features

  • Construction: Aluminum

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 2

Utilities

  • Cooling: No Air
  • Heat Type: Gas, Hot Water
  • Sewer: Public
  • Water: Public
  • Insurance: 1012
  • Trash Removal: 680
  • Water Sewer: 1600

Fee Information

  • Operating Expense: 7269

Schools

  • School District: Nazareth

Lot Info

  • Acres: 0.117
  • Lot Dimensions: 48x11x47x111
  • Lot Sq Ft: 5076
  • Zoning Code: GC-GENERAL COMMERCIAL

Tax Info

  • Assessor Parcel Number: J7SE3A 10 5A 0421
  • County Taxes: 561.68
  • Municipal Taxes: 761.60
  • Total Taxes: 3976.50

Multi Family

  • School Taxes: 2653.22
  • Total Units: 2
  • Total Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
Jul 7, 2021
Sold by
Gonzalez David D and Gonzalez Theresa M
Bought by
Escobales David Lopez
Seller's Agent
Gregory Smith
BHHS - Choice Properties
Buyer's Agent
Gregory Smith
BHHS - Choice Properties
List Price
$269,900
Sold Price
$258,650
Premium/Discount to List
-$11,250
-4.17%
Current Estimated Value
$333,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,428
Avg. Annual Appreciation
6.33%
Original Mortgage
$253,964
Outstanding Balance
$231,430
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$104,123

Purchase Details

Closed on
Jun 1, 1995
Bought by
Gonzalez David D and Gonzalez Theresa M

Purchase Details

Closed on
Apr 1, 1995
Bought by
Not Provided
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
Escobales David Lopez $258,650 Lighthouse Abstract Ltd
Gonzalez David D -- --
Not Provided $90,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escobales David Lopez $253,964
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2021 07/08/21 Sold $258,650 +3.5% $137 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
04/12/2021 04/12/21 Price Changed $249,900 -7.4% $133 / Sq Ft
03/24/2021 03/24/21 For Sale $269,900 0.0% $143 / Sq Ft
09/13/2019 09/13/19 Rented $825 0.0% --
09/05/2019 09/05/19 Under Contract -- -- --
08/29/2019 08/29/19 Off Market $825 -- --
08/20/2019 08/20/19 For Rent $825 -- --
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 $514 $47,600 $15,400 $32,200
2024 $4,061 $47,600 $15,400 $32,200
2023 $3,979 $47,600 $15,400 $32,200
2022 $3,979 $47,600 $15,400 $32,200
2021 $3,977 $47,600 $15,400 $32,200
2020 $3,977 $47,600 $15,400 $32,200
2019 $3,917 $47,600 $15,400 $32,200
2018 $3,835 $47,600 $15,400 $32,200
2017 $3,776 $47,600 $15,400 $32,200
2016 -- $47,600 $15,400 $32,200
2015 -- $47,600 $15,400 $32,200
2014 -- $47,600 $15,400 $32,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 662804

Greater Lehigh Valley REALTORS®

APN: J7SE3A 10 5A 0421