$200,000
SOLD NOV 19, 2020

127 Broadway Bangor, PA 18013

5 Beds
3.5 Baths
2,852 Sq Ft
3,210 Sq Ft Lot

Recently Sold

$70 Per Sq Ft

2% Below List Price

53 Days on Market

About This Home

As of February 2022

Calling on all Investors!! CASH COW now available! Get immediate cash flow on a fully rented 3 unit in the heart of the Borough of Bangor. This outstanding property is currently pulling in $2,800 per month and has very low maintenance and carry costs. This property is offering a 3 BR/2 Bath at $1,300 a month. The second side of the building is split and obtaining $800 and $700 per month respectively. Schedule your showing and start your investment portfolio today!!

Last Agent to Sell the Property

Daniel Witt

Keller Williams Allentown Listed on: 08/10/2020

Keller Williams Allentown

Last Buyer's Agent

Shane Furman

IronValley RE of Lehigh Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,369

Year Built

  • Built in 1910

Parking

  • 5 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,852 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Balcony
  • 3,210 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number E9NE2D 5 13 0102

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $2,200
  • Trash Expense $534
  • Water Sewer Expense $200
  • Operating Expense $11,772
  • Gross Income $51,600
  • Net Operating Income $39,828

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,369

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Duplex/Both Halves
  • Technology: Cable, Smk Detector Battery
  • County Assessment: 39500.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Features: Balcony, Fire Escape, Wall-to-Wall Carpet
  • Bathrooms: Semi Modern
  • Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms: 5
  • Square Footage: 2852

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking Spaces: 5

Utilities

  • Cooling: Window AC
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Gas: 139
  • Insurance: 2200
  • Trash Removal: 534
  • Water Sewer: 200

Fee Information

  • Operating Expense: 11772

Schools

  • School District: Bangor

Lot Info

  • Acres: 0.074
  • Lot Sq Ft: 3210
  • Zoning Code: R-7.8-MEDIUM DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: E9NE2D 5 13 0102
  • County Taxes: 466.10
  • Municipal Taxes: 676.44
  • Total Taxes: 3368.76

Multi Family

  • School Taxes: 2226.22
  • Total Units: 3
  • Total Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2021
Closed on
Feb 23, 2022
Sold by
Vito Gargano Jr
Bought by
Amrit Home Llc
Seller's Agent
Christopher George
Keller Williams Northampton
Buyer's Agent
Saman Chaudhry
Keller Williams Northampton
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%
Current Estimated Value
$313,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,734
Avg. Annual Appreciation
9.09%
Original Mortgage
$172,500
Outstanding Balance
$161,994
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$148,245

Purchase Details

Listed on
Aug 10, 2020
Closed on
Nov 19, 2020
Sold by
Grecea Valentine
Bought by
Gargano Vito
Seller's Agent
Daniel Witt
Keller Williams Allentown
Buyer's Agent
Shane Furman
IronValley RE of Lehigh Valley
List Price
$205,000
Sold Price
$200,000
Premium/Discount to List
-$5,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.73%
Original Mortgage
$150,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2004
Sold by
Tanzola Charles
Bought by
Grecea Valentine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 12, 2001
Bought by
Tanzola Charles and Tanzola Susan B
Source: Public Records

Range of Values:

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ICE

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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 Type Sale Price Title Company
Deed $230,000 Keystone Premier Settlement Se
Deed $200,000 Willow Settlement Svcs Inc
Warranty Deed $150,000 --
Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $172,500 New Conventional
Previous Owner $150,000 New Conventional
Previous Owner $123,000 Commercial
Previous Owner $120,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2022 02/23/22 Sold $230,000 -4.1% $81 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
12/29/2021 12/29/21 For Sale $239,900 +20.0% $84 / Sq Ft
11/19/2020 11/19/20 Sold $200,000 -2.4% $70 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $205,000 0.0% $72 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $205,000 -- $72 / Sq Ft
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 $427 $39,500 $13,500 $26,000
2024 $3,418 $39,500 $13,500 $26,000
2023 $3,377 $39,500 $13,500 $26,000
2022 $3,367 $39,500 $13,500 $26,000
2021 $3,395 $39,500 $13,500 $26,000
2020 $9,457 $39,500 $13,500 $26,000
2019 $3,295 $39,500 $13,500 $26,000
2018 $3,261 $39,500 $13,500 $26,000
2017 $3,220 $39,500 $13,500 $26,000
2016 -- $39,500 $13,500 $26,000
2015 -- $39,500 $13,500 $26,000
2014 -- $39,500 $13,500 $26,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 645233

Greater Lehigh Valley REALTORS®

APN: E9NE2D-5-13-0102