NOT LISTED FOR SALE

44 W Broad St Tamaqua, PA 18252

Estimated Value: $231,697

-- Bed
-- Bath
5,040 Sq Ft
$46/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $215,000 $43 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,583/month

26 Days on Market

About This Home

As of August 2023

Located in the heart of the Tamaqua downtown historic district, this turn of the century fully occupied brick 4 unit includes 3 residential units and one first floor commercial storefront space. All current tenants are month to month, with rents that are below market rate; First floor commercial space is appx 735 sq ft., 2nd and 3rd floors include 2-1BR apts, and 1-2 BR apartment. Property is located in the Tamaqua Downtown CRIZ zone (see attached document for info). Ample off street parking. Current annual income: $24,300. Projected potential income: $40,200; Approximate expenses: Taxes $1584, Insurance $1150, Water $1554, Sewer $1560, Trash $1081 , Landlord electric appx $324. Total expenses $7253 - this number does NOT include oil for the oil fired domestic hot water heater. Seller did not have that information. 48 hour notice required for showings Note: Dan Reigel is not closing his business. He is a tenant in this building.

Last Agent to Sell the Property

Kim Hillegass

Towne and Country Real Estate Listed on: 05/31/2023

Last Buyer's Agent

nonmember nonmember

NON MBR Office

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1880

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • 5,040 Sq Ft Home
  • Commercial or Retail Space
  • Brick Exterior Construction

Parking

  • 5 Parking Spaces
  • Paved Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 65120248000

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $324
  • Insurance Expense $1,150
  • Trash Expense $1,081
  • Water Sewer Expense $3,114
  • Operating Expense $7,253
  • Gross Income $24,300
  • Net Operating Income $17,047

Property Details

Home Type

Apartment

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Commercial
  • County Assessment: 19440.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1880
  • Special Features: None

Interior Features

  • Square Footage: 5040

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 5

Utilities

  • Cooling: Wall AC
  • Heat Type: Baseboard, Electric, Heat Pump
  • Sewer: Public
  • Water: Public
  • Electric: 324
  • Insurance: 1150
  • Trash Removal: 1081
  • Water Sewer: 3114

Fee Information

  • Operating Expense: 7253

Schools

  • School District: Tamaqua

Lot Info

  • Acres: 0.090
  • Lot Sq Ft: 3920
  • Zoning Code: GC

Tax Info

  • Assessor Parcel Number: 65120248000
  • Taxes: 19440

Multi Family

  • Total Units: 4
  • Total Unit Count: 4

MLS Schools

  • School District: Tamaqua

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Aug 1, 2023
Sold by
Seidel Rogene
Bought by
My Central Pa Rentals Llc
Seller's Agent
Kim Hillegass
Towne and Country Real Estate
Buyer's Agent
nonmember nonmember
NON MBR Office
List Price
$235,000
Sold Price
$215,000
Premium/Discount to List
-$20,000
-8.51%
Views
54
Current Estimated Value
$231,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,697
Avg. Annual Appreciation
1.39%

Purchase Details

Listed on
Aug 18, 2014
Closed on
Dec 2, 2016
Sold by
Tkt Miller Partners
Bought by
Seidel Shawn and Seidel Rogene
Seller's Agent
Kim Hillegass
Towne and Country Real Estate
Buyer's Agent
Sonya Steigerwalt
Castle Gate Realty
List Price
$49,000
Sold Price
$40,000
Premium/Discount to List
-$9,000
-18.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.68%

Purchase Details

Closed on
Nov 27, 2013
Sold by
Cf Sbc Ust 3 Llc
Bought by
Tkt Miller Partners

Purchase Details

Closed on
Jan 7, 2013
Sold by
Moore Motley M
Bought by
Cf Sbc Ust 3 Llc

Purchase Details

Closed on
Aug 29, 2005
Sold by
Cellini Benvenuto
Bought by
Moore Motley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
9.6%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

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Average Value
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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
My Central Pa Rentals Llc $215,000 Carbon Search & Settlement Ser
Seidel Shawn $40,000 None Available
Tkt Miller Partners -- None Available
Cf Sbc Ust 3 Llc $1,041 None Available
Moore Motley M $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Motley M $25,600
Previous Owner Moore Motley M $56,250
Previous Owner Moore Motley M $93,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $215,000 -8.5% $43 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $235,000 +487.5% $47 / Sq Ft
12/02/2016 12/02/16 Sold $40,000 -18.4% $10 / Sq Ft
11/21/2016 11/21/16 Pending -- -- --
08/18/2014 08/18/14 For Sale $49,000 -- $12 / 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 $3,848 $44,075 $8,815 $35,260
2024 $1,573 $19,440 $6,280 $13,160
2023 $1,573 $19,440 $6,280 $13,160
2022 $1,531 $19,440 $6,280 $13,160
2021 $1,523 $19,440 $6,280 $13,160
2020 $1,491 $19,440 $6,280 $13,160
2018 $1,445 $19,440 $6,280 $13,160
2017 $1,402 $19,440 $6,280 $13,160
2015 -- $50,500 $11,615 $38,885
2011 -- $50,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 718150

Greater Lehigh Valley REALTORS®

APN: 65-12-0248.000