NOT LISTED FOR SALE

4560 Little Gap Rd Kunkletown, PA 18058

Estimated Value: $210,000 - $588,000

6 Beds
4 Baths
1,468 Sq Ft
$288/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $280,875 $191 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,794/month

84 Days on Market

Highlights

  • Wood Flooring
  • Brick or Stone Veneer
  • Handicap Modified
  • Balcony
  • Patio
  • Hot Water Heating System

About This Home

As of February 2020

Extremely well maintained 4 unit property on a beautiful country setting. Converted home offers 2, 1 bedroom units (main level features a large covered front porch). 2 additional newer 2 bedroom units built above a huge 3 stall garage large enough for commercial tractors and additional work space as well. Out buildings offer storage for tenants as well.
Currently at below-market rent. Owner is paying oil and electric in converted home.
Seller is motivated, make an appointment today, its a must see!

Last Agent to Sell the Property

Jonathan Campbell

Real of Pennsylvania License #RS297414 Listed on: 08/22/2019

Real of Pennsylvania

Co-Listed By

Richard Hauler

Real of Pennsylvania License #RS336360

Last Buyer's Agent

Betty Shuster-Hanzlik

HowardHanna TheFrederickGroup

HowardHanna TheFrederickGroup

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,497

Year Built

  • Built in 1920

Lot Details

  • 1.34

Home Design

  • Duplex
  • Converted Dwelling
  • Brick or Stone Veneer
  • Vinyl Construction Material

Interior Spaces

  • 1,468 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Unpaved Parking

Accessible Home Design

  • Handicap Modified

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Radiant Heating System
  • Hot Water Heating System
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 7-32-A47.01

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $75
  • Insurance Expense $1,549
  • Trash Expense $73
  • Operating Expense $275
  • Gross Income $34,620
  • Net Operating Income $28,692

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,497

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Converted, Duplex/Both Halves
  • County Assessment: 80100.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Features: Balcony, Handicap Equipped, Hardwood, Patio, Wall-to-Wall Carpet
  • Bathrooms: Modern
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 6
  • Square Footage: 1468

Exterior Features

  • Construction: Brickote, Vinyl

Garage/Parking

  • Parking: Unpaved Lot
  • Parking Spaces: 6

Utilities

  • Cooling: Window AC
  • Heat Type: Electric, Hot Water, Oil, Radiant
  • Sewer: Septic
  • Water: Well
  • Electric: 75
  • Heat: 125
  • Insurance: 1549
  • Trash Removal: 73

Condo/Co-op/Association

  • Lawn Snow Removal: 200

Fee Information

  • Operating Expense: 275

Lot Info

  • Zoning Code: R

Tax Info

  • Assessor Parcel Number: 7-32-A47.01
  • County Taxes: 821.03
  • Municipal Taxes: 128.16
  • Total Taxes: 5497.21

Multi Family

  • School Taxes: 4548.02
  • Total Units: 4
  • Total Unit Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2019
Closed on
Feb 21, 2020
Sold by
Berger Todd A and Berger Diane C
Bought by
Leary Jr Ronald James O
Seller's Agent
Jonathan Campbell
Real of Pennsylvania
Buyer's Agent
Betty Shuster-Hanzlik
HowardHanna TheFrederickGroup
List Price
$310,000
Sold Price
$280,875
Premium/Discount to List
-$29,125
-9.4%
Current Estimated Value
$423,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,494
Avg. Annual Appreciation
7.33%
Original Mortgage
$261,182
Outstanding Balance
$229,690
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$193,679

Purchase Details

Closed on
Dec 22, 2011
Sold by
Berger Todd A and Berger Diane C
Bought by
Berger Todd A and Berger Diane C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Leary Jr Ronald James O $280,875 None Available
Berger Todd A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leary Jr Ronald James O $261,182
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2020 02/21/20 Sold $280,875 -6.3% $191 / Sq Ft
11/14/2019 11/14/19 Pending -- -- --
10/11/2019 10/11/19 Price Changed $299,900 -3.3% $204 / Sq Ft
08/22/2019 08/22/19 For Sale $310,000 -- $211 / 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 $6,890 $80,100 $15,250 $64,850
2024 $6,441 $80,100 $15,250 $64,850
2023 $6,221 $80,100 $15,250 $64,850
2022 $5,927 $80,100 $15,250 $64,850
2021 $5,738 $80,100 $15,250 $64,850
2020 $5,657 $80,100 $15,250 $64,850
2019 $5,497 $80,100 $15,250 $64,850
2018 $5,497 $80,100 $15,250 $64,850
2017 $5,397 $80,100 $15,250 $64,850
2016 -- $80,100 $15,250 $64,850
2015 -- $80,100 $15,250 $64,850
2014 -- $80,100 $15,250 $64,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 620625

Greater Lehigh Valley REALTORS®

APN: 7-32-A47.01