NOT LISTED FOR SALE

1434 W Broad St Quakertown, PA 18951

Estimated Value: $527,752

-- Bed
-- Bath
2,573 Sq Ft
$205/Sq Ft Est. Value

Last Sold May 15, 2015

Last sale price $1,225,000 $476 Per Sq Ft

Current estimated payment $3,494/month

60 Days on Market

About This Home

As of May 2015

TEN UNITS! TEN UNITS! Here's a winner! Modern apartment buildings, just 10 years old, that are virtually maintenance free with tenants paying all of the utilities except for trash. There are (5) units on the first floor with full private basements and (5) second floor units. All have 2 BR'S and 1 Bath plus laundry hook-ups. Hardwood floors in the formal DR and Kit. Carpet in LR and BR's. All have a separate patio or balcony. Super convenient location on a quiet cul-de-sac street. Ample off street parking. Unit #10 is occupied and rented at $1,100.

Last Agent to Sell the Property

Thomas Skiffington

RE/MAX Central - Allentown Listed on: 01/17/2015

Last Buyer's Agent

Jim Dietrich

Realty One Group Supreme

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $18,993

Year Built

  • Built in 2005

Lot Details

  • 9,148

Home Design

  • Brick Exterior Construction
  • Stucco Exterior
  • Vinyl Construction Material

Parking

  • 9 Parking Spaces
  • Paved Parking

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • 2-Story Property
  • Lot Dimensions are 186x95

Listing and Financial Details

  • Assessor Parcel Number 35-002-023-001

Community Details

Overview

  • 9 Units

Building Details

  • Insurance Expense $6,158
  • Maintenance Expense $2,300
  • Other Expense $6,157
  • Operating Expense $33,608
  • Gross Income $127,140
  • Net Operating Income $93,532

Property Details

Home Type

Apartment

Est. Annual Taxes

$18,993

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 110760.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 2005
  • Year Built Exception: Unknown
  • Special Features: None

Exterior Features

  • Construction: Brick, Stucco, Vinyl

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 9

Utilities

  • Cooling: Central AC
  • Heat Type: Heat Pump
  • Sewer: Public
  • Water: Public
  • Insurance: 6158

Condo/Co-op/Association

  • Maintenance Repair: 2300

Fee Information

  • Operating Expense: 33608

Lot Info

  • Lot Dimensions: 186x95
  • Zoning Code: NC

Rental Info

  • Other Expenses: 6157

Tax Info

  • Assessor Parcel Number: 35-002-023-001
  • Total Taxes: 18993.00

Multi Family

  • Total Units: 9
  • Total Unit Count: 9

MLS Schools

  • School District: Not Applicable

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2025
Sold by
Wolfe Martin C and Wolfe Melinda J
Bought by
Martin & Melinda Wolfe Revocable Living Trust and Wolfe
Total Days on Market
60
Current Estimated Value
$527,752

Purchase Details

Closed on
Jun 11, 2003
Sold by
Circa 1734 Llc
Bought by
Wolfe Martin C and Wolfe Melinda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 31, 2002
Sold by
Brogan Lowell and Greisamer Leonard W
Bought by
Circa 1734 Llc
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
Martin & Melinda Wolfe Revocable Living Trust -- None Listed On Document
Wolfe Martin C $259,000 --
Circa 1734 Llc $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wolfe Martin C $186,000
Previous Owner Wolfe Martin C $20,000
Previous Owner Wolfe Martin C $300,000
Previous Owner Wolfe Martin C $320,000
Previous Owner Wolfe Martin C $200,000
Previous Owner Wolfe Martin C $185,000
Closed Wolfe Martin C $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2015 05/15/15 Sold $1,225,000 -10.9% $476 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
01/17/2015 01/17/15 For Sale $1,375,000 -- $534 / 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
2024 $6,371 $31,650 $12,400 $19,250
2023 $6,307 $31,650 $12,400 $19,250
2022 $6,200 $31,650 $12,400 $19,250
2021 $6,200 $31,650 $12,400 $19,250
2020 $6,200 $31,650 $12,400 $19,250
2019 $6,028 $31,650 $12,400 $19,250
2018 $825 $31,650 $12,400 $19,250
2017 $5,638 $31,650 $12,400 $19,250
2016 $5,638 $31,650 $12,400 $19,250
2015 -- $31,650 $12,400 $19,250
2014 -- $31,650 $12,400 $19,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 487977

Greater Lehigh Valley REALTORS®

APN: 35-002-023