NOT LISTED FOR SALE

123 N Broad St Doylestown, PA 18901

Estimated Value: $1,001,000 - $1,221,229

-- Bed
6 Baths
6,829 Sq Ft
$168/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $735,000 $108 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $7,245/month

225 Days on Market

Highlights

  • No HOA
  • Hot Water Heating System
  • 60 Gallon+ Natural Gas Water Heater
  • Linden El School Rated A

About This Home

As of August 2020

Historic property in center of Doylestown, fully occupied with offices on 1st floor and 4 apartments above, 6 off street parking, across from administration building. Prominent location, great presence. Gross income $80,100 - Expenses $29,027, NOI $51,073 - Cap rate 6.04%

Last Listed By

Nicholas Molloy

J Carroll Molloy License #RM422553 Listed on: 10/15/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,867

Year Built

  • Built in 1850

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 65.00 x 100.00
  • Property is in good condition

Home Design

  • Quadruplex
  • Converted Dwelling
  • Slate Roof
  • Built-Up Roof
  • Stone Siding
  • Galvanized Plumbing
  • Copper Plumbing
  • Masonry

Interior Spaces

  • 6,829 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • Parking Lot
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Hot Water Heating System
  • 150 Amp Service
  • 100 Amp Service
  • 60 Gallon+ Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tax Lot 161
  • Assessor Parcel Number 08-005-161

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,867

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1850
  • Automatically Close On Close Date: No
  • Remarks Public: Historic property in center of Doylestown, fully occupied with offices on 1st floor and 4 apartments above, 6 off street parking, across from administration building. Prominent location, great presence. Gross income $80,100 - Expenses $29,027, NOI $51,073 - Cap rate 6.04%
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 6829
  • Living Area Sq Ft: 6829
  • Price Per Sq Ft: 123.74
  • Above Grade Finished Sq Ft: 6829
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 123

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Stone, Galvanized Plumbing, Copper Plumbing
  • Roof: Built-Up, Slate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit, Window Unit(s)
  • Electric Service: 100 Amp Service, 150 Amps
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas, 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: CENTRAL BUCKS
  • School District Key: 300200397327
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 1031
  • Lot Size Acres: 0.15
  • Lot Dimensions: 65.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6500.00
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: CR

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 7396.00
  • Tax Annual Amount: 9867.00
  • Assessor Parcel Number: 08-005-161
  • Tax Lot: 161
  • Tax Total Finished Sq Ft: 6829
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 08/28/2020

MLS Schools

  • School District Name: CENTRAL BUCKS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2019
Closed on
Aug 25, 2020
Sold by
Dommel Richard M
Bought by
Lacaj Shan and Lacaj Laureta
Seller's Agent
Nicholas Molloy
J Carroll Molloy
Buyer's Agent
Dhruv Amin
Shanti Realty LLC
List Price
$845,000
Sold Price
$735,000
Premium/Discount to List
-$110,000
-13.02%
Total Days on Market
225
Current Estimated Value
$1,145,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$410,307
Avg. Annual Appreciation
8.46%

Purchase Details

Closed on
Apr 13, 2006
Sold by
Dommel Richard M
Bought by
Dommel Richard M

Purchase Details

Closed on
Feb 2, 1993
Bought by
Dommel Barbara K and Dommel Richard M

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lacaj Shan $735,000 Fonthill Abstract Inc
Dommel Richard M -- None Available
Dommel Barbara K -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $735,000 -13.0% $108 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
05/26/2020 05/26/20 For Sale $845,000 +15.0% $124 / Sq Ft
03/23/2020 03/23/20 Off Market $735,000 -- --
02/17/2020 02/17/20 Price Changed $845,000 0.0% $124 / Sq Ft
02/17/2020 02/17/20 For Sale $845,000 -2.3% $124 / Sq Ft
11/25/2019 11/25/19 Pending -- -- --
10/15/2019 10/15/19 For Sale $865,000 -- $127 / Sq Ft
Source: Bright MLS

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
2024 $10,737 $59,600 $32,400 $27,200
2023 $10,229 $59,600 $32,400 $27,200
2022 $10,087 $59,600 $32,400 $27,200
2021 $9,976 $59,600 $32,400 $27,200
2020 $9,867 $59,600 $32,400 $27,200
2019 $9,758 $59,600 $32,400 $27,200
2018 $9,639 $59,600 $32,400 $27,200
2017 $9,537 $59,600 $32,400 $27,200
2016 $9,537 $59,600 $32,400 $27,200
2015 -- $59,600 $32,400 $27,200
2014 -- $59,600 $32,400 $27,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABU482474

Bright MLS

APN: 08-005-161