NOT LISTED FOR SALE

223 W Gordon St Unit 227 Allentown, PA 18102

6th Ward Neighborhood

Estimated Value: $150,000 - $738,000

8 Beds
5.5 Baths
12,516 Sq Ft
$44/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $500,000 $40 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,056/month

141 Days on Market

About This Home

As of May 2022

Have you been dreaming of owning your very own body shop? Maybe you are an investor looking to build your portfolio? This Multi Unit apartment building and fully operational Body Shop located in Allentown, Pa is exactly what you are looking for. This entire business and 3 large fully leased out apartments are now available for sale. Very motivated Sellers! You do not pass up this anomaly of an opportunity. Please check with the City Zoning office for any other potential uses. 8% cap Rate. Contact Brandi for all financials. Schedule an appointment today.

Last Agent to Sell the Property

Cliff Lewis

Coldwell Banker Hearthside Listed on: 06/24/2021

Coldwell Banker Hearthside

Co-Listed By

Brandillyn Durbin

Coldwell Banker Hearthside

Last Buyer's Agent

Cliff Lewis

Coldwell Banker Hearthside Listed on: 06/24/2021

Coldwell Banker Hearthside

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,175

Year Built

  • Built in 1920

Lot Details

  • 0.27 Acre Lot

Home Design

  • 12,516 Sq Ft Home
  • Commercial or Retail Space
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 16 Parking Spaces
  • Paved Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 640733263516 001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,175

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial
  • Technology: Cable, Smk Detector Battery
  • County Assessment: 387900.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1920
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Bathrooms: Semi Modern
  • Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Bedrooms: 8
  • Square Footage: 12516

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 16

Utilities

  • Cooling: Wall AC
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.266
  • Lot Sq Ft: 11587
  • Zoning Code: R-Mh-Medium High Density Residential

Tax Info

  • Assessor Parcel Number: 640733263516 001
  • County Taxes: 1466.26
  • Municipal Taxes: 2610.87
  • Total Taxes: 12175.43

Multi Family

  • School Taxes: 8098.30
  • Total Units: 4
  • Total Unit Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
May 26, 2022
Sold by
Mikitz Bruce B
Bought by
As Realty Llc
Seller's Agent
Cliff Lewis
Coldwell Banker Hearthside
Buyer's Agent
Cliff Lewis
Coldwell Banker Hearthside
List Price
$925,000
Sold Price
$500,000
Premium/Discount to List
-$425,000
-45.95%
Current Estimated Value
$540,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,257
Avg. Annual Appreciation
1.80%

Purchase Details

Closed on
Mar 17, 1976
Bought by
Mikitz Bruce B and Mikitz Judith A
Source: Public Records

Range of Values:

Collateral Analytics

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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
As Realty Llc $500,000 Steelhouse Abstract
Mikitz Bruce B $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mikitz Bruce B $25,223
Previous Owner Mikitz Bruce B $400,000
Previous Owner Mikitz Bruce B $100,000
Previous Owner Mikitz Bruce B $385,000
Previous Owner Mikitz Bruce B $40,000
Previous Owner Mikitz Bruce B $265,000
Previous Owner Mikitz Bruce B $34,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $500,000 -37.1% $40 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
10/13/2021 10/13/21 Price Changed $795,000 -14.1% $64 / Sq Ft
06/24/2021 06/24/21 For Sale $925,000 -- $74 / 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 $12,860 $387,900 $46,300 $341,600
2024 $12,860 $387,900 $46,300 $341,600
2023 $12,860 $387,900 $46,300 $341,600
2022 $12,418 $387,900 $341,600 $46,300
2021 $12,175 $387,900 $46,300 $341,600
2020 $11,864 $387,900 $46,300 $341,600
2019 $11,676 $387,900 $46,300 $341,600
2018 $10,862 $387,900 $46,300 $341,600
2017 $10,592 $387,900 $46,300 $341,600
2016 -- $387,900 $46,300 $341,600
2015 -- $387,900 $46,300 $341,600
2014 -- $387,900 $46,300 $341,600
Source: Public Records

Agents Affiliated with this Home

  • Cliff Lewis

    Seller's Agent in 2022

    Cliff Lewis

    Coldwell Banker Hearthside

    (610) 751-8280

    4 in this area

    1,378 Total Sales

    Section Image

  • B

    Seller Co-Listing Agent in 2022

    Brandillyn Durbin

    Coldwell Banker Hearthside

    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 671829

Greater Lehigh Valley REALTORS®

APN: 640733263516-1

Pennsylvania Lehigh County Allentown 18102 6th Ward

223 W Gordon St Unit 227, Allentown, PA

This home is located at 223 W Gordon St Unit 227, Allentown, PA 18102 since 24 June 2021 and is currently estimated at $548,318, approximately $43 per square foot. This property was built in 1920. 223 W Gordon St Unit 227 is a home located in Lehigh County with nearby schools including Sheridan Elementary School, Harrison-Morton Middle School, and Louis E. Dieruff High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Lehigh Valley REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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